SCHY Options History — February 2024

In February 2024, SCHY traded between $23.76 and $24.57. ATM implied volatility averaged 23.9%, placing in the 8.7% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 13.1% (HV 20d: 10.8%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 9 of 20 days.

Notable Days

  • 2024-02-28: Highest Volume — 2 contracts
  • 2024-02-15: Largest IV spike — 165.8% change
  • 2024-02-06: Highest IV Rank — 22.9%
  • 2024-02-27: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.26$23.76$24.57$24.57$24.25
Max Pain$24.00$24.00$24.00$24.00$24.00
ATM IV23.9%9.0%49.1%41.6%26.0%
Expected Move5.4%2.6%7.6%7.4%7.4%
HV 20d10.8%10.1%11.2%10.1%11.1%
HV 60d12.3%11.6%12.5%12.1%12.3%
IV Rank8.7%0.4%22.9%18.7%9.9%
IV Percentile32.6%2.0%65.5%61.1%42.5%
Term Structure3.0%-12.4%31.1%-4.0%-12.4%
Skew 25d-18.9%-36.2%-3.0%-12.8%-33.4%
Skew 10d-11.6%-23.7%-0.0%-17.7%-2.4%
Call IV 25d30.3%11.5%47.5%25.5%47.5%
Put IV 25d11.4%8.4%14.3%12.8%14.2%
Bid-Ask Spread %140.26136.64142.80140.16141.53
Gamma HHI0.730.520.930.930.55
Net GEX-1.4K-2.1K-941-1.2K-1.1K
Net DEX7.5K3.2K14.5K3.2K14.5K
Net VEX-23-26-15-15-26
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.30200
Total OI8.8712712

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$24.57$24.0041.6%7.4%10.1%18.7%0.0%-12.8%-4.0%-1.2K3.2K-150.00140.16N/AN/A0007
2024-02-02$24.35$24.0036.8%5.7%10.6%16.0%0.0%-15.6%-5.8%-1.4K4.2K-180.00140.50N/AN/A0007
2024-02-05$24.20$24.0047.1%2.8%10.8%21.8%0.0%-7.9%14.3%-1.5K5.2K-180.00138.35N/AN/A0107
2024-02-06$24.33$24.0049.1%6.0%10.7%22.9%0.0%-15.5%-7.8%-1.5K5.3K-220.00137.93N/AN/A0008
2024-02-07$24.16$24.0012.1%3.5%10.7%2.2%0.0%-16.1%9.0%-1.7K6.1K-230.00139.58N/AN/A0008
2024-02-08$24.13$24.009.3%2.7%10.7%0.6%0.0%-14.8%14.5%-1.8K6.3K-230.00140.03N/AN/A0008
2024-02-09$24.10$24.0010.2%2.9%10.7%1.1%0.0%-15.0%13.1%-1.9K6.4K-230.00139.41N/AN/A0008
2024-02-12$24.16$24.009.4%2.7%10.4%0.7%0.0%-7.5%14.5%-1.9K6.0K-210.00136.64N/AN/A0008
2024-02-13$23.76$24.009.3%2.7%10.1%0.6%0.0%-3.0%11.1%-1.4K9.0K-240.00137.64N/AN/A0008
2024-02-14$24.05$24.009.0%2.6%10.6%0.4%0.0%-15.5%15.1%-2.1K6.7K-210.00140.10N/AN/A0108
2024-02-15$24.30$24.0024.0%6.9%11.2%8.8%0.0%-16.5%31.1%-1.5K6.5K-250.00140.80N/AN/A0009
2024-02-16$24.31$24.0022.5%6.4%11.1%8.0%0.0%-18.9%31.0%-1.8K5.6K-230.00136.71N/AN/A0109
2024-02-20$24.35$24.0021.8%6.2%11.1%7.6%0.0%-27.9%-6.2%-9507.6K-250.00141.98N/AN/A0109
2024-02-21$24.34$24.0022.8%6.5%11.0%8.2%0.0%-28.5%-6.8%-9659.8K-260.00142.80N/AN/A00010
2024-02-22$24.46$24.0023.0%6.6%10.9%8.3%0.0%-18.0%-6.6%-9689.2K-250.00142.33N/AN/A00010
2024-02-23$24.50$24.0026.4%7.6%10.9%10.2%0.0%-10.9%-8.1%-9419.2K-250.00142.22N/AN/A00010
2024-02-26$24.38$24.0025.1%7.2%10.9%9.5%0.0%-31.8%-10.9%-9879.5K-230.00141.91N/AN/A00010
2024-02-27$24.38$24.0026.5%7.6%10.9%10.2%0.0%-31.4%-12.3%-9719.6K-230.00142.35N/AN/A00010
2024-02-28$24.21$24.0025.2%7.2%11.1%9.5%0.0%-36.2%-12.3%-1.2K9.8K-210.00142.19N/AN/A02010
2024-02-29$24.25$24.0026.0%7.4%11.1%9.9%0.0%-33.4%-12.4%-1.1K14.5K-260.00141.53N/AN/A00012