SLYG Options History — April 2022

In April 2022, SLYG traded between $76.18 and $84.43. ATM implied volatility averaged 31.9%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 7.9% (HV 20d: 24.0%). Max pain ranged from $80.00 to $97.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.73.

Notable Days

2022-04-29: Highest Volume — 130 contracts
2022-04-11: Largest IV spike — 98.2% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-25: Largest Expected Move — 9.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$80.49	$76.18	$84.43	$84.43	$76.18
Max Pain	$86.10	$80.00	$97.00	$97.00	$80.00
ATM IV	31.9%	21.6%	58.3%	25.0%	31.2%
Expected Move	7.7%	5.9%	9.2%	7.2%	8.9%
HV 20d	24.0%	21.3%	26.6%	25.3%	24.9%
HV 60d	24.7%	23.9%	25.4%	24.7%	25.3%
IV Rank	42.3%	14.1%	100.0%	29.0%	36.5%
IV Percentile	72.7%	33.7%	100.0%	57.2%	78.6%
Term Structure	-1.1%	-5.9%	4.6%	-3.2%	1.9%
VWIV	25.9%	21.1%	33.4%	26.2%	25.4%
Skew 25d	8.4%	-3.9%	18.6%	14.3%	18.6%
Skew 10d	7.8%	1.9%	15.7%	9.4%	9.4%
Call IV 25d	20.5%	16.9%	24.5%	17.3%	22.4%
Put IV 25d	29.0%	19.5%	40.9%	31.5%	40.9%
Bid-Ask Spread %	117.93	109.69	128.10	109.69	120.50
Gamma HHI	0.23	0.13	0.31	0.25	0.13
Net GEX	2.0K	-1.3K	6.6K	-1.3K	2.3K
Net DEX	11.7K	-54.3K	75.5K	31.9K	75.5K
Net VEX	-682	-1.2K	-366	-380	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.38	1.38	1.38	0.94
Total Volume	54.9	5	130	31	130
Total OI	47.9	24	124	24	124

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
2022-04-01	$84.43	$97.00	25.0%	7.2%	25.3%	29.0%	26.2%	14.3%	-3.2%	-1.3K	31.9K	-380	1.38	109.69	N/A	N/A	13	18	8	16
2022-04-04	$84.28	$97.00	33.3%	7.2%	24.4%	54.7%	27.9%	9.6%	-4.0%	-1.3K	27.4K	-371	1.38	110.02	N/A	N/A	13	18	8	16
2022-04-05	$82.47	$97.00	30.7%	5.9%	25.8%	46.5%	26.9%	10.5%	2.5%	-1.3K	35.9K	-366	1.20	115.75	N/A	N/A	15	18	8	16
2022-04-06	$81.35	$83.00	37.5%	7.6%	24.7%	67.5%	26.8%	4.7%	1.0%	-459	42.5K	-376	0.60	125.49	N/A	N/A	30	18	10	16
2022-04-07	$81.61	$83.00	37.7%	7.3%	24.6%	68.2%	27.4%	8.3%	-1.6%	2.4K	-4.7K	-726	0.60	117.19	N/A	N/A	30	18	25	15
2022-04-08	$80.95	$83.00	27.9%	7.6%	24.5%	37.9%	22.8%	10.3%	-3.5%	2.5K	-4.3K	-715	0.63	111.59	N/A	N/A	30	19	25	15
2022-04-11	$80.16	$86.00	55.3%	8.5%	24.0%	100.0%	26.0%	16.8%	-2.4%	2.2K	3.2K	-685	0.63	113.84	N/A	N/A	30	19	25	15
2022-04-12	$80.27	$86.00	58.3%	7.7%	23.2%	100.0%	24.6%	11.9%	-1.8%	2.2K	-2.8K	-704	0.63	120.41	N/A	N/A	30	19	25	15
2022-04-13	$81.83	$86.00	23.5%	6.7%	22.6%	18.6%	23.4%	10.3%	-3.4%	2.2K	-2.3K	-700	0.63	121.90	N/A	N/A	30	19	25	15
2022-04-14	$80.83	$86.00	21.6%	6.2%	21.7%	14.1%	21.1%	7.3%	2.0%	2.5K	-9.4K	-707	0.63	123.46	N/A	N/A	30	19	25	15
2022-04-18	$80.04	$86.00	29.3%	8.4%	21.3%	32.0%	24.5%	14.4%	-5.0%	1.7K	5.7K	-667	0.62	112.61	N/A	N/A	29	18	24	15
2022-04-19	$82.01	$86.00	22.1%	6.3%	23.1%	15.2%	28.0%	11.1%	3.2%	1.6K	-4.9K	-691	0.46	116.06	N/A	N/A	39	18	24	15
2022-04-20	$82.85	$84.00	27.2%	7.8%	23.0%	27.3%	26.7%	2.1%	-2.3%	6.6K	-54.3K	-802	0.46	118.91	N/A	N/A	39	18	34	15
2022-04-21	$80.87	$84.00	21.9%	6.3%	23.8%	14.9%	23.0%	-3.9%	4.6%	6.5K	-44.5K	-777	0.72	119.44	N/A	N/A	39	28	34	15
2022-04-22	$79.10	$84.00	30.4%	8.7%	24.7%	34.6%	23.9%	1.9%	-2.5%	2.7K	1.9K	-813	0.46	118.00	N/A	N/A	39	18	34	25
2022-04-25	$79.31	$84.00	32.0%	9.2%	24.8%	38.4%	23.4%	9.3%	0.2%	1.9K	19.5K	-771	0.46	119.19	N/A	N/A	39	18	34	25
2022-04-26	$76.94	$84.00	31.4%	9.0%	26.6%	37.0%	28.4%	0.4%	-5.9%	1.5K	40.5K	-705	0.38	115.87	N/A	N/A	47	18	34	25
2022-04-27	$76.35	$83.00	31.8%	9.1%	23.0%	37.8%	33.4%	1.8%	-0.8%	3.2K	39.2K	-732	0.00	128.10	N/A	N/A	0	5	44	25
2022-04-28	$77.91	$83.00	31.1%	8.9%	24.1%	36.2%	28.8%	8.5%	-0.4%	2.6K	37.9K	-758	1.11	120.54	N/A	N/A	57	63	44	30
2022-04-29	$76.18	$80.00	31.2%	8.9%	24.9%	36.5%	25.4%	18.6%	1.9%	2.3K	75.5K	-1.2K	0.94	120.50	N/A	N/A	67	63	54	70