SCHY Options History — March 2024

In March 2024, SCHY traded between $24.06 and $24.61. ATM implied volatility averaged 25.5%, placing in the 9.9% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 16.2% (HV 20d: 9.3%). 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 1 of 20 days.

Notable Days

  • 2024-03-19: Highest Volume — 1 contracts
  • 2024-03-06: Largest IV spike — 233.8% change
  • 2024-03-12: Highest IV Rank — 26.7%
  • 2024-03-13: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.30$24.06$24.61$24.34$24.27
Max Pain$24.00$24.00$24.00$24.00$24.00
ATM IV25.5%7.8%55.7%13.9%21.9%
Expected Move6.2%4.0%8.5%4.0%6.3%
HV 20d9.3%8.1%11.0%10.6%8.3%
HV 60d10.4%9.6%12.3%12.2%9.6%
IV Rank9.9%0.0%26.7%3.2%7.8%
IV Percentile38.1%0.0%75.0%19.8%32.1%
Term Structure-7.6%-12.0%13.9%13.9%-10.1%
Skew 25d-3.4%-11.3%0.6%-11.3%-2.1%
Skew 10d8.8%-37.1%31.2%-37.1%0.8%
Call IV 25d33.6%21.7%40.6%21.7%40.6%
Put IV 25d30.2%10.4%40.5%10.4%38.4%
Bid-Ask Spread %143.77141.40145.13141.40143.02
Gamma HHI0.700.490.990.660.93
Net GEX-970-2.8K-228-1.5K-228
Net DEX10.9K7.6K14.1K13.3K8.9K
Net VEX-17-25-5-25-12
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.050100
Total OI9.2512126

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$24.34$24.0013.9%4.0%10.6%3.2%0.0%-11.3%13.9%-1.5K13.3K-250.00141.40N/AN/A00012
2024-03-04$24.17$0.007.8%6.1%10.5%0.0%0.0%-2.4%-8.6%-2.8K12.8K-220.00144.08N/AN/A00012
2024-03-05$24.15$0.009.9%6.1%10.2%1.2%0.0%-3.2%-8.4%-2.7K13.2K-210.00144.45N/AN/A00012
2024-03-06$24.36$0.0033.1%6.5%10.5%14.2%0.0%-3.0%-8.4%-1.3K13.8K-230.00145.13N/AN/A00012
2024-03-07$24.61$0.0034.4%8.0%10.8%14.8%0.0%-3.7%-7.4%-1.3K12.8K-220.00144.57N/AN/A00012
2024-03-08$24.47$0.0038.8%5.9%11.0%17.3%0.0%-1.7%-12.0%-1.2K13.5K-220.00144.65N/AN/A00012
2024-03-11$24.45$0.0048.9%5.9%11.0%23.0%0.0%-6.1%-9.8%-1.4K13.4K-190.00144.24N/AN/A00012
2024-03-12$24.48$0.0055.7%5.9%11.0%26.7%0.0%-6.0%-10.5%-1.4K13.3K-180.00144.39N/AN/A00012
2024-03-13$24.54$0.0029.7%8.5%8.9%12.2%0.0%-7.4%-8.7%-1.3K13.2K-170.00144.43N/AN/A00012
2024-03-14$24.29$0.0020.0%5.7%8.9%6.8%0.0%-5.8%-8.7%-1.3K14.1K-140.00143.62N/AN/A00012
2024-03-15$24.29$0.0019.4%5.5%8.1%6.5%0.0%-6.5%-8.8%-4837.6K-110.00144.16N/AN/A00012
2024-03-18$24.21$0.0019.7%5.6%8.2%6.6%0.0%-6.5%-8.8%-3877.8K-120.00143.70N/AN/A0005
2024-03-19$24.27$0.0019.1%5.5%8.2%6.3%0.0%-3.6%-7.1%-3678.0K-50.00142.71N/AN/A0105
2024-03-20$24.32$0.0022.8%6.5%8.2%8.4%0.0%-0.1%-7.3%-2549.0K-120.00144.23N/AN/A0006
2024-03-21$24.14$0.0019.7%5.6%8.4%6.7%0.0%0.5%-6.5%-2758.5K-120.00143.07N/AN/A0006
2024-03-22$24.06$0.0022.5%6.5%8.4%8.2%0.0%0.4%-7.7%-2848.5K-110.00143.04N/AN/A0006
2024-03-25$24.09$0.0023.3%6.7%8.3%8.7%0.0%0.6%-8.6%-3098.5K-160.00143.52N/AN/A0006
2024-03-26$24.13$0.0024.3%7.0%8.4%9.2%0.0%0.6%-9.2%-3188.4K-180.00143.41N/AN/A0006
2024-03-27$24.27$0.0024.6%7.1%8.3%9.4%0.0%-0.7%-9.6%-2768.7K-180.00143.51N/AN/A0006
2024-03-28$24.27$0.0021.9%6.3%8.3%7.8%0.0%-2.1%-10.1%-2288.9K-120.00143.02N/AN/A0006