SLYG Options History — May 2022

In May 2022, SLYG traded between $71.21 and $79.45. ATM implied volatility averaged 35.5%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 1.4% (HV 20d: 34.1%). Max pain ranged from $73.00 to $80.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2022-05-04: Highest Volume — 132 contracts
  • 2022-05-09: Largest IV spike — 34.1% change
  • 2022-05-09: Highest IV Rank — 89.9%
  • 2022-05-11: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.47$71.21$79.45$76.20$76.93
Max Pain$74.00$73.00$80.00$80.00$73.00
ATM IV35.5%25.5%54.0%37.1%37.3%
Expected Move9.7%7.3%11.4%10.6%10.7%
HV 20d34.1%24.7%38.0%24.7%38.0%
HV 60d28.6%25.2%30.5%25.2%29.8%
IV Rank46.6%23.3%89.9%50.5%50.7%
IV Percentile84.0%54.4%99.2%93.3%92.1%
Term Structure-2.4%-11.1%7.7%-1.1%-2.4%
VWIV33.8%27.0%45.7%31.7%37.1%
Skew 25d8.0%-3.8%22.1%11.1%2.7%
Skew 10d11.8%-6.1%27.0%10.3%1.0%
Call IV 25d31.5%21.3%40.1%34.2%32.2%
Put IV 25d39.5%31.2%49.8%45.2%34.9%
Bid-Ask Spread %111.04103.34125.29112.80115.71
Gamma HHI0.150.110.220.120.18
Net GEX-2.9K-9.7K6.7K1.4K-3.3K
Net DEX103.3K-17.3K168.0K96.3K40.5K
Net VEX-822-1.2K-634-1.2K-723
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.560.970.940.71
Total Volume103.5715413213060
Total OI107.3336513613472

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$76.20$80.0037.1%10.6%24.7%50.5%31.7%11.1%-1.1%1.4K96.3K-1.2K0.94112.80N/AN/A67636470
2022-05-03$77.10$80.0034.5%9.9%25.4%44.4%28.6%20.5%1.0%4.0K57.7K-1.2K0.94114.35N/AN/A67636470
2022-05-04$79.45$80.0035.3%10.1%27.3%46.2%27.0%22.1%-7.5%6.7K-17.3K-1.1K0.97125.16N/AN/A67656470
2022-05-05$75.68$73.0037.4%9.9%31.8%51.1%35.1%7.8%-4.2%2.7K67.0K-1.2K0.97104.63N/AN/A67656472
2022-05-06$74.99$73.0040.3%9.9%31.7%57.8%45.7%6.0%-3.0%-1.4K131.3K-1.1K0.97103.34N/AN/A67656472
2022-05-09$72.80$73.0054.0%9.5%33.0%89.9%41.9%7.1%3.3%1.3K108.2K-8750.97103.78N/AN/A67656452
2022-05-10$72.47$73.0047.8%11.1%32.9%75.4%38.0%7.6%-4.3%-2.1K134.5K-7850.97103.58N/AN/A67656450
2022-05-11$71.21$73.0039.6%11.4%33.1%56.2%36.5%16.5%-3.6%-2.9K142.3K-7260.70107.48N/AN/A67476450
2022-05-12$71.85$73.0036.2%10.4%32.3%48.2%34.8%12.6%-2.2%-5.3K168.0K-7150.70106.46N/AN/A67476452
2022-05-13$74.40$73.0030.8%8.8%35.3%35.7%34.7%8.4%-4.6%-4.8K135.3K-7110.70106.47N/AN/A67476452
2022-05-16$73.63$73.0030.3%8.7%35.3%34.4%33.1%1.9%0.0%-5.9K139.8K-7190.70103.96N/AN/A67476452
2022-05-17$75.78$73.0033.1%9.5%35.9%40.9%32.6%11.3%-3.1%-882101.2K-7030.70111.66N/AN/A67476452
2022-05-18$72.56$73.0032.9%9.4%38.0%40.5%35.0%5.4%-1.1%-5.2K139.2K-7000.60112.12N/AN/A68416452
2022-05-19$73.05$73.0025.5%7.3%37.7%23.3%31.8%5.1%7.7%-7.4K157.2K-6650.56111.48N/AN/A73416554
2022-05-20$72.43$73.0033.0%9.5%37.2%40.8%28.3%6.9%-3.3%-9.7K165.6K-6940.56108.83N/AN/A73417054
2022-05-23$73.22$73.0030.2%8.7%37.5%34.3%30.6%3.3%-0.9%-6.2K101.6K-6400.86103.84N/AN/A29252342
2022-05-24$72.47$73.0037.0%10.6%36.3%50.2%31.5%7.6%-3.0%-6.1K118.0K-6340.86110.34N/AN/A29252442
2022-05-25$73.97$73.0029.5%8.5%37.2%32.6%32.9%1.4%-1.4%-7.1K91.3K-6730.71117.16N/AN/A35252442
2022-05-26$75.97$73.0032.5%9.3%37.8%39.5%31.5%5.8%-11.1%-4.8K61.6K-6740.71123.44N/AN/A35253042
2022-05-27$77.69$73.0030.9%8.9%37.8%35.8%32.4%-3.8%-4.6%-4.0K29.5K-7100.71125.29N/AN/A35253042
2022-05-31$76.93$73.0037.3%10.7%38.0%50.7%37.1%2.7%-2.4%-3.3K40.5K-7230.71115.71N/AN/A35253042