SCHY Options History — January 2024

In January 2024, SCHY traded between $23.97 and $24.66. ATM implied volatility averaged 37.4%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 26.0% (HV 20d: 11.4%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2024-01-17: Highest Volume — 6 contracts
  • 2024-01-24: Largest IV spike — 62.7% change
  • 2024-01-02: Highest IV Rank — 43.4%
  • 2024-01-02: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.36$23.97$24.66$24.43$24.35
ATM IV37.4%21.2%85.8%85.8%41.9%
Expected Move9.8%5.1%24.6%24.6%12.0%
HV 20d11.4%9.6%15.8%15.8%9.6%
HV 60d12.8%12.2%13.3%13.3%12.2%
IV Rank16.3%7.3%43.4%43.4%18.9%
IV Percentile53.5%28.2%91.3%91.3%61.1%
Term Structure-13.2%-28.3%-3.1%-14.8%-15.8%
Skew 25d7.3%-6.2%96.3%96.3%-0.7%
Skew 10d6.4%-15.1%117.1%117.1%2.1%
Call IV 25d36.6%20.6%63.1%63.1%50.0%
Put IV 25d43.8%25.0%159.4%159.4%49.4%
Bid-Ask Spread %141.23137.30145.06145.06140.37
Gamma HHI0.870.750.910.750.89
Net GEX-566-1.4K00-1.3K
Net DEX2.4K06.1K04.7K
Net VEX-10-2200-19
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.4760600
Total OI3.2380707

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$24.43$0.0085.8%24.6%15.8%43.4%0.0%96.3%-14.8%0000.00145.06N/AN/A0000
2024-01-03$24.43$0.0042.4%12.2%15.7%19.1%0.0%0.1%-15.4%0000.00139.87N/AN/A0000
2024-01-04$24.52$0.0041.6%7.6%15.7%18.7%0.0%6.5%-3.6%0000.00144.06N/AN/A0000
2024-01-05$24.52$0.0028.0%5.1%10.7%11.1%0.0%4.4%-3.1%0000.00137.54N/AN/A0000
2024-01-08$24.66$0.0044.9%7.6%10.6%20.6%0.0%8.7%-3.4%0000.00140.62N/AN/A0000
2024-01-09$24.48$0.0051.9%8.4%11.1%24.5%0.0%-0.1%-5.0%0000.00143.72N/AN/A0000
2024-01-10$24.52$0.0028.1%8.1%11.1%11.1%0.0%-3.5%-5.2%0000.00140.31N/AN/A0000
2024-01-11$24.48$0.0029.8%8.6%11.1%12.1%0.0%-0.1%-5.3%0000.00143.05N/AN/A0000
2024-01-12$24.64$0.0026.5%7.6%10.3%10.2%0.0%9.3%-5.0%0000.00143.01N/AN/A0000
2024-01-16$24.20$0.0031.2%8.9%11.9%12.8%0.0%6.5%-7.7%0000.00141.99N/AN/A0000
2024-01-17$23.97$0.0030.1%8.6%11.7%12.2%0.0%-6.2%-21.5%0000.00138.45N/AN/A0600
2024-01-18$24.02$0.0030.1%8.6%11.8%12.2%0.0%11.2%-5.8%-5006.1K-220.00141.58N/AN/A0106
2024-01-19$24.14$0.0030.5%8.7%11.5%12.5%0.0%0.1%-21.5%-1.4K5.8K-200.00137.78N/AN/A0207
2024-01-22$24.16$0.0033.8%9.7%10.9%14.3%0.0%1.1%-26.9%-1.1K4.7K-190.00141.54N/AN/A0106
2024-01-23$24.11$0.0021.2%6.1%9.9%7.3%0.0%10.4%-24.4%-1.4K5.8K-220.00137.30N/AN/A0007
2024-01-24$24.27$0.0034.5%9.9%10.1%14.7%0.0%0.9%-28.3%-1.3K5.0K-210.00141.60N/AN/A0007
2024-01-25$24.26$0.0035.3%10.1%9.7%15.2%0.0%5.8%-28.0%-1.3K5.0K-210.00141.59N/AN/A0007
2024-01-26$24.40$0.0037.1%10.6%9.9%16.1%0.0%0.9%-10.6%-1.2K4.5K-200.00142.13N/AN/A0007
2024-01-29$24.46$0.0039.3%11.3%9.9%17.4%0.0%1.1%-12.1%-1.2K3.9K-180.00142.07N/AN/A0007
2024-01-30$24.45$0.0041.1%11.8%9.9%18.4%0.0%-0.4%-14.3%-1.2K4.0K-180.00142.12N/AN/A0007
2024-01-31$24.35$0.0041.9%12.0%9.6%18.9%0.0%-0.7%-15.8%-1.3K4.7K-190.00140.37N/AN/A0007