SCHY Options History — January 2025

In January 2025, SCHY traded between $22.89 and $24.02. ATM implied volatility averaged 32.1%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 21.4% (HV 20d: 10.7%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 3.33.

Notable Days

2025-01-17: Highest Volume — 21 contracts
2025-01-15: Largest IV spike — 95.3% change
2025-01-07: Highest IV Rank — 77.0%
2025-01-03: Largest Expected Move — 12.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.46	$22.89	$24.02	$23.14	$23.87
Max Pain	$23.55	$23.00	$24.00	$24.00	$24.00
ATM IV	32.1%	11.5%	72.8%	42.2%	33.8%
Expected Move	8.4%	5.6%	12.5%	12.1%	9.7%
HV 20d	10.7%	8.5%	11.7%	11.1%	11.1%
HV 60d	11.0%	10.4%	11.6%	10.4%	11.6%
IV Rank	28.8%	4.4%	77.0%	40.7%	30.8%
IV Percentile	47.6%	5.2%	97.6%	84.1%	65.1%
Term Structure	-9.2%	-29.9%	5.7%	-17.1%	-7.2%
VWIV	42.3%	26.2%	72.1%	26.2%	72.1%
Skew 25d	4.4%	-21.7%	23.3%	21.0%	-1.0%
Skew 10d	3.5%	-18.6%	24.3%	4.6%	24.3%
Call IV 25d	28.0%	11.2%	36.3%	32.9%	28.5%
Put IV 25d	32.4%	11.9%	55.6%	53.9%	27.5%
Bid-Ask Spread %	159.11	146.17	168.04	163.42	149.68
Gamma HHI	0.48	0.42	0.71	0.48	0.42
Net GEX	-404	-5.9K	2.2K	86	1.0K
Net DEX	-3.2K	-20.3K	17.6K	7.2K	-9.6K
Net VEX	-242	-272	-217	-242	-270
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.33	0.00	20.00	0.00	0.00
Total Volume	2.85	0	21	0	4
Total OI	73.15	57	87	57	87

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-01-02	$23.14	$24.00	42.2%	12.1%	11.1%	40.7%	0.0%	21.0%	-17.1%	86	7.2K	-242	0.00	163.42	N/A	N/A	0	0	26	31
2025-01-03	$23.21	$24.00	43.5%	12.5%	11.2%	42.3%	0.0%	22.9%	-16.4%	195	5.7K	-242	0.00	163.37	N/A	N/A	0	0	26	31
2025-01-06	$23.30	$23.00	50.5%	8.0%	10.7%	50.6%	0.0%	1.4%	-19.5%	309	2.9K	-235	0.00	164.58	N/A	N/A	0	0	26	31
2025-01-07	$23.29	$23.00	72.8%	7.2%	10.7%	77.0%	0.0%	-21.7%	-29.9%	192	7.1K	-247	0.00	168.04	N/A	N/A	0	0	26	31
2025-01-08	$23.26	$23.00	55.1%	7.9%	10.6%	56.0%	26.2%	1.4%	-18.5%	271	4.4K	-233	0.00	163.89	N/A	N/A	0	1	26	31
2025-01-10	$22.96	$23.00	11.8%	7.7%	11.2%	4.7%	0.0%	1.2%	-18.1%	-746	14.4K	-221	0.00	164.10	N/A	N/A	0	6	26	32
2025-01-13	$22.89	$23.00	11.5%	8.0%	11.2%	4.4%	0.0%	2.0%	0.6%	-5.9K	17.6K	-230	0.00	163.42	N/A	N/A	10	0	26	38
2025-01-14	$22.99	$23.00	15.0%	8.1%	11.3%	8.5%	0.0%	1.6%	-2.7%	-4.3K	-1.4K	-225	0.00	163.56	N/A	N/A	0	2	36	38
2025-01-15	$23.27	$23.00	29.3%	8.4%	11.7%	25.4%	0.0%	2.2%	-1.3%	-2.9K	-10.3K	-228	0.00	164.23	N/A	N/A	2	0	36	40
2025-01-16	$23.34	$23.00	30.4%	8.7%	11.7%	26.9%	0.0%	0.8%	-3.3%	-1.1K	-12.6K	-221	0.00	165.06	N/A	N/A	0	0	36	40
2025-01-17	$23.39	$23.00	31.3%	9.0%	11.7%	27.8%	36.6%	0.8%	-2.7%	129	-20.3K	-217	20.00	164.41	N/A	N/A	1	20	36	40
2025-01-21	$23.71	$24.00	19.5%	5.6%	8.5%	13.8%	0.0%	19.2%	5.7%	-453	-8.5K	-236	0.00	159.51	N/A	N/A	0	0	35	44
2025-01-22	$23.48	$24.00	33.7%	9.6%	9.4%	30.6%	0.0%	23.3%	-5.8%	-101	1.9K	-255	0.00	164.63	N/A	N/A	0	1	35	44
2025-01-23	$23.64	$24.00	30.8%	8.8%	9.6%	27.2%	34.1%	14.4%	-16.6%	127	-4.5K	-243	0.00	158.44	N/A	N/A	0	4	35	45
2025-01-24	$23.70	$24.00	23.6%	6.8%	9.6%	18.8%	0.0%	4.3%	1.8%	-705	-10.9K	-246	0.00	150.54	N/A	N/A	1	0	35	49
2025-01-27	$24.02	$24.00	30.9%	8.9%	10.5%	27.4%	0.0%	-7.7%	-21.1%	1.3K	-12.9K	-250	0.00	146.65	N/A	N/A	3	0	35	49
2025-01-28	$23.94	$24.00	31.6%	9.1%	10.7%	28.2%	72.1%	-10.9%	-5.8%	1.0K	-11.7K	-272	0.00	149.57	N/A	N/A	2	0	38	49
2025-01-29	$23.86	$24.00	21.3%	6.1%	10.8%	16.1%	0.0%	0.8%	-1.4%	1.3K	-9.2K	-264	0.00	146.17	N/A	N/A	0	0	38	49
2025-01-30	$23.99	$24.00	22.9%	6.6%	10.8%	17.8%	0.0%	12.4%	-4.5%	2.2K	-13.8K	-269	0.00	148.90	N/A	N/A	0	0	38	49
2025-01-31	$23.87	$24.00	33.8%	9.7%	11.1%	30.8%	0.0%	-1.0%	-7.2%	1.0K	-9.6K	-270	0.00	149.68	N/A	N/A	0	4	38	49