SLYG Options History — July 2021

In July 2021, SLYG traded between $83.31 and $89.17. ATM implied volatility averaged 22.7%. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 4.4% (HV 20d: 18.3%). Max pain ranged from $83.00 to $88.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2021-07-02: Highest Volume — 25 contracts
  • 2021-07-14: Largest IV drop — 39.4% change
  • 2021-07-19: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$86.90$83.31$89.17$89.17$88.49
Max Pain$86.76$83.00$88.00$83.00$87.00
ATM IV22.7%16.0%33.2%17.4%19.5%
Expected Move5.9%4.6%7.6%5.0%5.6%
HV 20d18.3%13.8%22.9%14.2%22.8%
HV 60d18.8%17.6%19.7%18.3%19.6%
Term Structure1.1%-4.5%4.4%2.2%3.6%
VWIV18.5%13.0%23.1%21.5%13.0%
Skew 25d6.2%0.1%13.5%4.2%3.4%
Skew 10d7.5%1.2%16.6%3.6%1.2%
Call IV 25d15.8%11.6%19.0%13.1%15.7%
Put IV 25d22.1%17.3%30.1%17.3%19.1%
Bid-Ask Spread %135.90125.43147.93134.87137.60
Gamma HHI0.290.220.340.260.31
Net GEX13.5K7.3K18.3K16.9K15.8K
Net DEX-92.8K-147.6K-37.0K-147.6K-119.6K
Net VEX-593-684-502-561-586
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.500.000.00
Total Volume2.52402502
Total OI45.33341524144

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$89.17$83.0017.4%5.0%14.2%0.0%0.0%4.2%2.2%16.9K-147.6K-5610.00134.87N/AN/A00365
2021-07-02$88.46$83.0021.9%6.3%14.5%0.0%0.0%2.7%-4.5%16.7K-134.9K-5530.00133.70N/AN/A250365
2021-07-06$87.60$88.0026.0%5.7%14.6%0.0%0.0%8.9%1.1%14.8K-109.2K-6740.00134.07N/AN/A00415
2021-07-07$87.31$88.0022.6%5.7%13.8%0.0%0.0%7.6%2.2%14.6K-114.7K-6760.00135.23N/AN/A00415
2021-07-08$86.11$88.0029.9%5.9%14.2%0.0%21.5%7.7%1.5%12.7K-82.3K-6210.00136.59N/AN/A10415
2021-07-09$88.11$87.0021.8%5.5%16.2%0.0%17.0%5.7%2.5%16.7K-124.2K-6840.00131.56N/AN/A20425
2021-07-12$88.31$87.0026.4%6.1%15.9%0.0%0.0%3.0%0.6%16.1K-128.2K-6540.00138.59N/AN/A00415
2021-07-13$87.08$87.0033.2%5.1%16.7%0.0%15.7%8.8%4.4%18.3K-109.6K-6230.33128.29N/AN/A62415
2021-07-14$85.83$87.0020.1%5.8%17.4%0.0%0.0%4.1%2.3%14.9K-93.9K-6540.00135.75N/AN/A00457
2021-07-15$85.13$87.0024.1%6.9%17.5%0.0%0.0%13.5%-1.7%12.2K-65.3K-6000.00140.96N/AN/A00457
2021-07-16$84.41$87.0020.6%5.9%17.5%0.0%0.0%6.2%-1.3%9.6K-63.2K-5810.00125.43N/AN/A00457
2021-07-19$83.31$87.0026.6%7.6%16.4%0.0%23.1%11.7%-0.4%7.3K-37.0K-5021.50127.08N/AN/A23396
2021-07-20$86.52$87.0024.6%7.1%21.0%0.0%20.9%11.2%3.2%9.3K-55.6K-5390.00133.31N/AN/A20377
2021-07-21$87.25$87.0017.0%4.9%21.0%0.0%0.0%6.9%1.7%11.2K-76.2K-5800.00147.93N/AN/A00377
2021-07-22$85.92$87.0023.1%6.6%21.6%0.0%0.0%6.4%-0.3%9.9K-66.0K-5830.00131.84N/AN/A00377
2021-07-23$86.74$87.0022.1%6.3%21.5%0.0%0.0%3.4%0.4%10.5K-69.3K-5640.00144.86N/AN/A00377
2021-07-26$87.03$87.0017.6%5.0%21.4%0.0%0.0%0.1%2.0%13.6K-80.0K-5490.00136.66N/AN/A20375
2021-07-27$86.11$87.0023.9%6.8%21.6%0.0%13.0%8.3%-0.6%11.2K-65.8K-5260.00134.23N/AN/A50375
2021-07-28$87.49$87.0022.3%6.4%22.5%0.0%0.0%3.1%2.3%13.5K-94.9K-5640.00137.73N/AN/A00395
2021-07-29$88.47$87.0016.0%4.6%22.9%0.0%0.0%4.2%2.4%17.9K-110.8K-5750.00147.57N/AN/A10395
2021-07-30$88.49$87.0019.5%5.6%22.8%0.0%0.0%3.4%3.6%15.8K-119.6K-5860.00137.60N/AN/A02395