SLYG Options History — March 2022

In March 2022, SLYG traded between $79.94 and $86.75. ATM implied volatility averaged 30.9%, placing in the 47.3% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 4.0% (HV 20d: 26.8%). Max pain ranged from $78.00 to $97.00. Net GEX was positive for 3 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 1.79.

Notable Days

2022-03-16: Highest Volume — 33 contracts
2022-03-04: Largest IV spike — 44.2% change
2022-03-07: Highest IV Rank — 100.0%
2022-03-07: Largest Expected Move — 13.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$83.31	$79.94	$86.75	$81.98	$84.05
Max Pain	$89.57	$78.00	$97.00	$78.00	$97.00
ATM IV	30.9%	19.8%	48.0%	32.4%	30.2%
Expected Move	9.0%	6.3%	13.8%	9.3%	6.9%
HV 20d	26.8%	22.1%	29.2%	22.1%	26.0%
HV 60d	24.2%	23.4%	25.5%	23.7%	25.5%
IV Rank	47.3%	13.1%	100.0%	53.1%	45.0%
IV Percentile	74.8%	22.9%	100.0%	88.2%	78.5%
Term Structure	-1.8%	-7.7%	3.4%	1.6%	-5.2%
VWIV	30.6%	22.3%	45.3%	37.8%	25.9%
Skew 25d	9.6%	1.8%	16.0%	10.6%	5.1%
Skew 10d	15.2%	3.8%	30.1%	29.4%	5.7%
Call IV 25d	25.0%	14.5%	33.8%	33.8%	21.2%
Put IV 25d	34.6%	18.7%	45.7%	44.4%	26.4%
Bid-Ask Spread %	111.69	89.51	129.96	118.75	111.05
Gamma HHI	0.23	0.18	0.30	0.26	0.27
Net GEX	-870	-2.1K	2.4K	-2.1K	-1.3K
Net DEX	23.1K	-19.4K	47.2K	47.2K	29.6K
Net VEX	-414	-495	-313	-314	-381
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.79	1.33	5.33	5.33	1.38
Total Volume	27.913	19	33	19	31
Total OI	27.609	23	33	23	24

Daily Data (23 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
2022-03-01	$81.98	$78.00	32.4%	9.3%	22.1%	53.1%	37.8%	10.6%	1.6%	-2.1K	47.2K	-314	5.33	118.75	N/A	N/A	3	16	4	19
2022-03-02	$84.68	$78.00	34.2%	9.8%	24.7%	58.7%	33.3%	9.7%	-0.5%	-2.1K	41.7K	-313	1.78	119.42	N/A	N/A	9	16	4	19
2022-03-03	$83.22	$78.00	29.6%	8.5%	25.5%	44.2%	29.5%	8.3%	0.9%	-674	19.8K	-439	1.78	118.67	N/A	N/A	9	16	10	19
2022-03-04	$81.87	$78.00	42.6%	12.2%	25.6%	85.3%	38.6%	14.3%	-4.2%	-1.1K	30.9K	-440	1.78	125.46	N/A	N/A	9	16	10	19
2022-03-07	$80.50	$78.00	48.0%	13.8%	26.2%	100.0%	39.2%	14.2%	-1.2%	-1.3K	38.6K	-414	1.78	122.36	N/A	N/A	9	16	10	19
2022-03-08	$80.83	$78.00	36.8%	13.0%	26.3%	65.5%	35.4%	15.3%	-3.7%	-1.8K	43.1K	-419	1.78	124.06	N/A	N/A	9	16	10	19
2022-03-09	$82.83	$78.00	36.4%	13.0%	27.2%	64.2%	45.3%	9.8%	-7.7%	-1.3K	34.0K	-421	1.78	121.77	N/A	N/A	9	16	10	19
2022-03-10	$82.13	$78.00	32.2%	10.2%	26.8%	51.3%	30.7%	10.8%	-4.3%	-1.5K	36.8K	-406	1.78	122.24	N/A	N/A	9	16	10	19
2022-03-11	$81.35	$78.00	31.1%	12.6%	26.5%	47.9%	41.9%	8.9%	-1.3%	-877	32.8K	-408	1.78	129.96	N/A	N/A	9	16	10	19
2022-03-14	$79.94	$97.00	37.6%	9.4%	27.1%	68.0%	30.9%	11.6%	-5.8%	-1.6K	44.8K	-381	1.78	91.28	N/A	N/A	9	16	10	19
2022-03-15	$81.27	$97.00	34.1%	9.1%	27.8%	57.1%	31.7%	9.0%	0.5%	-1.1K	42.8K	-386	1.33	89.51	N/A	N/A	12	16	11	19
2022-03-16	$83.24	$97.00	31.3%	8.3%	28.4%	48.6%	29.7%	16.0%	-2.7%	51	10.7K	-453	1.75	96.37	N/A	N/A	12	21	14	19
2022-03-17	$84.82	$97.00	28.7%	7.5%	29.2%	40.3%	27.8%	7.0%	-2.2%	1.3K	-8.1K	-441	1.75	94.37	N/A	N/A	12	21	14	19
2022-03-18	$85.62	$97.00	23.3%	8.0%	28.1%	23.9%	27.0%	10.4%	2.8%	2.4K	-19.4K	-436	1.75	91.67	N/A	N/A	12	21	14	19
2022-03-21	$84.45	$97.00	25.7%	8.1%	28.6%	31.2%	22.3%	8.3%	0.2%	-42	2.7K	-428	1.42	107.43	N/A	N/A	12	17	10	14
2022-03-22	$85.38	$97.00	27.3%	7.5%	28.4%	36.1%	25.1%	9.8%	-2.0%	-314	-851	-489	1.50	99.21	N/A	N/A	12	18	12	15
2022-03-23	$83.91	$97.00	28.9%	8.0%	28.1%	41.2%	28.4%	10.3%	-2.2%	-536	6.8K	-495	1.50	110.16	N/A	N/A	12	18	12	16
2022-03-24	$84.24	$97.00	23.2%	6.5%	27.3%	23.6%	24.7%	5.5%	-0.8%	-643	11.0K	-489	1.50	108.74	N/A	N/A	12	18	12	16
2022-03-25	$84.10	$97.00	21.7%	6.3%	26.4%	18.9%	24.2%	3.6%	0.7%	-616	5.7K	-483	1.50	116.39	N/A	N/A	12	18	12	16
2022-03-28	$84.09	$97.00	28.7%	6.8%	26.4%	40.4%	24.1%	11.2%	-3.8%	-1.6K	34.4K	-366	1.50	128.25	N/A	N/A	12	18	7	16
2022-03-29	$86.75	$97.00	19.8%	6.3%	27.5%	13.1%	23.5%	9.1%	3.4%	-2.0K	20.5K	-354	1.50	113.10	N/A	N/A	12	18	7	16
2022-03-30	$84.82	$97.00	25.8%	6.8%	26.6%	31.4%	25.9%	1.8%	-5.1%	-1.5K	25.5K	-359	1.38	108.67	N/A	N/A	13	18	7	16
2022-03-31	$84.05	$97.00	30.2%	6.9%	26.0%	45.0%	25.9%	5.1%	-5.2%	-1.3K	29.6K	-381	1.38	111.05	N/A	N/A	13	18	8	16