SCHY Options History — May 2024

In May 2024, SCHY traded between $23.71 and $24.92. ATM implied volatility averaged 38.5%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 29.8% (HV 20d: 8.7%). Max pain ranged from $23.00 to $26.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 2 of 22 days.

Notable Days

  • 2024-05-17: Highest Volume — 1 contracts
  • 2024-05-09: Largest IV spike — 88.4% change
  • 2024-05-14: Highest IV Rank — 45.2%
  • 2024-05-03: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.38$23.71$24.92$23.71$24.41
Max Pain$23.41$23.00$26.00$26.00$23.00
ATM IV38.5%25.7%88.7%37.6%37.0%
Expected Move8.6%6.0%11.5%10.8%10.6%
HV 20d8.7%6.6%10.8%10.5%9.1%
HV 60d9.1%8.6%9.7%9.6%9.2%
IV Rank17.1%10.0%45.2%16.6%16.3%
IV Percentile57.5%36.9%93.3%63.1%61.9%
Term Structure-6.9%-16.8%35.7%-14.0%-12.8%
VWIV11.6%11.6%11.6%11.6%11.6%
Skew 25d-4.3%-22.2%26.0%18.5%-22.2%
Skew 10d1.6%-12.2%14.4%1.5%2.8%
Call IV 25d28.0%18.7%36.6%32.1%36.6%
Put IV 25d23.7%11.7%53.0%50.6%14.4%
Bid-Ask Spread %145.00140.89165.14165.14142.70
Gamma HHI0.680.490.810.720.78
Net GEX-470-622-361-622-450
Net DEX6.8K5.8K7.7K7.7K6.9K
Net VEX-26-32-20-32-20
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0450100
Total OI8.1827997

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$23.71$26.0037.6%10.8%10.5%16.6%0.0%18.5%-14.0%-6227.7K-320.00165.14N/AN/A0018
2024-05-02$23.87$26.0038.1%10.9%10.5%16.9%0.0%21.4%-13.4%-5747.4K-310.00163.33N/AN/A0018
2024-05-03$24.02$26.0040.0%11.5%10.8%18.0%0.0%26.0%-16.8%-5387.1K-300.00164.00N/AN/A0018
2024-05-06$24.12$23.0046.5%7.6%10.8%21.6%0.0%1.6%-9.9%-5107.0K-290.00142.00N/AN/A0018
2024-05-07$24.14$23.0029.7%7.5%10.8%12.2%0.0%-3.6%-9.6%-5087.0K-290.00142.15N/AN/A0018
2024-05-08$24.15$23.0028.7%7.6%9.7%11.7%0.0%-5.1%-9.5%-5196.7K-260.00141.59N/AN/A0018
2024-05-09$24.32$23.0054.1%7.8%9.9%25.9%0.0%-1.4%-8.5%-4776.3K-270.00141.17N/AN/A0018
2024-05-10$24.43$23.0061.3%8.0%8.4%29.9%0.0%-1.6%-10.4%-4646.3K-260.00141.90N/AN/A0018
2024-05-13$24.48$23.0051.2%6.0%8.0%24.2%0.0%-10.4%-9.9%-4616.3K-250.00140.89N/AN/A0018
2024-05-14$24.61$23.0088.7%6.0%6.8%45.2%0.0%5.5%4.6%-4646.0K-230.00141.48N/AN/A0018
2024-05-15$24.82$23.0025.7%7.4%7.1%10.0%0.0%8.3%-8.3%-3615.8K-280.00142.05N/AN/A0018
2024-05-16$24.84$23.0026.0%7.5%7.1%10.2%0.0%6.6%35.7%-3665.8K-270.00140.99N/AN/A0018
2024-05-17$24.92$23.0026.4%7.6%7.0%10.4%11.6%-10.7%-4.9%-4557.1K-280.00141.73N/AN/A0118
2024-05-20$24.85$23.0027.2%7.8%6.6%10.8%0.0%-19.3%-5.1%-3986.7K-250.00141.81N/AN/A0007
2024-05-21$24.76$23.0028.5%8.2%6.8%11.6%0.0%-14.6%-5.1%-3996.9K-260.00141.57N/AN/A0007
2024-05-22$24.48$23.0032.2%9.2%7.9%13.7%0.0%-17.7%-8.4%-4617.1K-220.00142.57N/AN/A0007
2024-05-23$24.33$23.0032.1%9.2%8.4%13.6%0.0%-17.7%-8.4%-4547.0K-220.00141.59N/AN/A0007
2024-05-24$24.45$23.0032.5%9.3%8.4%13.8%0.0%-18.0%-8.7%-4416.9K-210.00142.23N/AN/A0007
2024-05-28$24.36$23.0033.7%9.7%8.6%14.5%0.0%-16.8%-8.8%-4617.0K-210.00142.86N/AN/A0007
2024-05-29$24.11$23.0033.7%9.7%9.0%14.5%0.0%-12.5%-8.3%-4867.4K-220.00142.39N/AN/A0007
2024-05-30$24.26$23.0035.3%10.1%9.2%15.4%0.0%-11.9%-10.3%-4687.2K-210.00143.90N/AN/A0007
2024-05-31$24.41$23.0037.0%10.6%9.1%16.3%0.0%-22.2%-12.8%-4506.9K-200.00142.70N/AN/A0007