SCHY Options History — September 2025

In September 2025, SCHY traded between $27.52 and $28.51. ATM implied volatility averaged 26.7%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 16.7% (HV 20d: 10.0%). Max pain ranged from $24.00 to $28.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.13.

Notable Days

2025-09-02: Highest Volume — 12 contracts
2025-09-10: Largest IV spike — 205.2% change
2025-09-30: Highest IV Rank — 29.0%
2025-09-30: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.09	$27.52	$28.51	$27.79	$27.94
Max Pain	$27.18	$24.00	$28.00	$24.00	$28.00
ATM IV	26.7%	9.6%	36.9%	21.3%	36.9%
Expected Move	8.5%	5.6%	10.6%	6.1%	10.6%
HV 20d	10.0%	7.6%	10.8%	10.6%	9.4%
HV 60d	10.7%	9.7%	11.4%	11.2%	10.2%
IV Rank	18.4%	0.4%	29.0%	12.7%	29.0%
IV Percentile	49.7%	0.4%	77.0%	31.0%	77.0%
Term Structure	-6.5%	-11.6%	9.1%	9.1%	-11.6%
VWIV	15.8%	13.1%	18.5%	18.5%	13.1%
Skew 25d	-17.3%	-30.5%	7.0%	7.0%	-12.0%
Skew 10d	-7.7%	-35.3%	10.9%	0.8%	-35.3%
Call IV 25d	36.4%	20.8%	47.0%	28.2%	47.0%
Put IV 25d	19.1%	10.1%	43.2%	35.1%	35.0%
Bid-Ask Spread %	160.99	138.64	165.29	138.64	160.11
Gamma HHI	0.49	0.27	0.90	0.82	0.30
Net GEX	963	-936	4.4K	3.8K	-777
Net DEX	-6.0K	-33.3K	10.0K	-18.1K	4.5K
Net VEX	-43	-70	-8	-8	-42
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.13	0.00	0.50	0.50	0.00
Total Volume	1.476	0	12	12	3
Total OI	111.143	14	165	151	15

Daily Data (21 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
2025-09-02	$27.79	$24.00	21.3%	6.1%	10.6%	12.7%	18.5%	7.0%	9.1%	3.8K	-18.1K	-8	0.50	138.64	N/A	N/A	8	4	8	143
2025-09-03	$27.84	$24.00	33.5%	9.6%	10.6%	25.5%	0.0%	-2.1%	-4.5%	2.7K	-22.4K	-49	0.00	141.07	N/A	N/A	0	0	16	147
2025-09-04	$28.09	$0.00	18.4%	7.9%	10.8%	9.7%	0.0%	-14.9%	-5.5%	4.0K	-30.7K	-32	0.00	165.29	N/A	N/A	0	0	16	147
2025-09-05	$28.20	$0.00	14.9%	7.9%	10.7%	6.0%	0.0%	-12.8%	-5.5%	4.4K	-33.3K	-29	0.00	164.65	N/A	N/A	0	0	16	147
2025-09-08	$28.30	$0.00	11.7%	8.2%	10.7%	2.6%	0.0%	-11.3%	-6.0%	2.1K	-13.2K	-40	0.00	164.79	N/A	N/A	0	0	9	147
2025-09-09	$28.26	$0.00	9.6%	8.3%	10.7%	0.4%	13.1%	-18.0%	-7.0%	2.5K	-13.2K	-40	0.00	165.03	N/A	N/A	0	3	9	147
2025-09-10	$28.23	$27.00	29.1%	8.4%	10.0%	21.0%	0.0%	-16.5%	-6.7%	1.5K	-9.2K	-31	0.00	165.02	N/A	N/A	0	0	9	150
2025-09-11	$28.51	$27.00	28.7%	8.2%	10.3%	20.5%	0.0%	-18.6%	-7.2%	-257	-7.5K	-47	0.00	163.06	N/A	N/A	0	0	9	150
2025-09-12	$28.39	$27.00	29.5%	8.5%	10.4%	21.3%	0.0%	-19.2%	-7.1%	1.5K	-11.0K	-27	0.00	165.26	N/A	N/A	0	0	9	150
2025-09-15	$28.45	$27.00	30.4%	8.7%	10.4%	22.3%	0.0%	-20.1%	-7.2%	-545	-5.9K	-42	0.00	164.94	N/A	N/A	0	0	9	150
2025-09-16	$28.41	$27.00	31.3%	9.0%	10.3%	23.2%	0.0%	-20.6%	-8.5%	-736	-2.3K	-46	0.00	164.94	N/A	N/A	6	0	8	150
2025-09-17	$28.29	$27.00	19.5%	5.6%	10.4%	10.9%	0.0%	-17.5%	-8.4%	-836	-2.8K	-26	0.00	160.04	N/A	N/A	2	0	8	150
2025-09-18	$28.14	$28.00	30.9%	8.9%	10.0%	22.8%	0.0%	-9.4%	-7.6%	4.1K	-4.2K	-44	0.00	162.41	N/A	N/A	0	4	9	152
2025-09-19	$28.05	$28.00	31.1%	8.9%	10.0%	23.0%	0.0%	-28.5%	-7.1%	2.1K	1.2K	-68	0.00	162.60	N/A	N/A	0	0	9	156
2025-09-22	$28.11	$28.00	33.8%	9.7%	9.2%	25.8%	0.0%	-20.3%	-9.0%	-840	3.7K	-37	0.00	161.81	N/A	N/A	0	1	1	13
2025-09-23	$28.09	$28.00	20.4%	5.8%	7.6%	11.8%	0.0%	-27.2%	-9.6%	-820	8.6K	-70	0.00	161.95	N/A	N/A	0	0	1	14
2025-09-24	$27.66	$28.00	33.1%	9.5%	9.1%	25.1%	0.0%	-30.5%	-9.6%	-905	9.5K	-68	0.00	161.64	N/A	N/A	0	0	1	14
2025-09-25	$27.52	$28.00	34.4%	9.9%	9.2%	26.4%	0.0%	-22.5%	-10.3%	-902	10.0K	-70	0.00	161.33	N/A	N/A	0	0	1	14
2025-09-26	$27.77	$28.00	34.2%	9.8%	9.8%	26.2%	0.0%	-23.0%	-9.5%	-888	5.6K	-44	0.00	163.27	N/A	N/A	0	0	1	14
2025-09-29	$27.84	$28.00	28.3%	8.1%	9.9%	20.0%	0.0%	-24.7%	3.0%	-936	4.9K	-40	0.00	163.07	N/A	N/A	0	0	1	14
2025-09-30	$27.94	$28.00	36.9%	10.6%	9.4%	29.0%	0.0%	-12.0%	-11.6%	-777	4.5K	-42	0.00	160.11	N/A	N/A	3	0	1	14