SLYG Options History — August 2022

In August 2022, SLYG traded between $74.75 and $82.46. ATM implied volatility averaged 28.4%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.4% (HV 20d: 22.9%). Max pain ranged from $74.00 to $80.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.60.

Notable Days

2022-08-02: Highest Volume — 105 contracts
2022-08-29: Largest IV spike — 46.8% change
2022-08-09: Highest IV Rank — 40.1%
2022-08-31: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$79.29	$74.75	$82.46	$78.86	$75.33
Max Pain	$74.78	$74.00	$80.00	$80.00	$74.00
ATM IV	28.4%	20.1%	37.0%	30.7%	35.6%
Expected Move	7.9%	5.8%	10.2%	8.8%	10.2%
HV 20d	22.9%	20.6%	27.1%	21.9%	26.9%
HV 60d	28.8%	27.3%	31.9%	31.9%	28.8%
IV Rank	23.3%	7.8%	40.1%	28.1%	35.9%
IV Percentile	49.2%	11.5%	84.9%	59.5%	81.0%
Term Structure	-2.8%	-8.5%	2.5%	-5.1%	-2.5%
VWIV	27.4%	24.3%	30.2%	27.5%	30.2%
Skew 25d	7.3%	-1.9%	14.8%	14.8%	0.6%
Skew 10d	7.1%	-2.9%	20.5%	10.7%	3.8%
Call IV 25d	21.3%	14.3%	32.3%	18.8%	23.8%
Put IV 25d	28.6%	21.1%	38.8%	33.5%	24.4%
Bid-Ask Spread %	118.25	98.97	129.61	120.27	124.23
Gamma HHI	0.19	0.15	0.26	0.17	0.24
Net GEX	1.1K	-6.5K	8.1K	-6.5K	-3.1K
Net DEX	-48.4K	-146.3K	20.5K	14.8K	14.7K
Net VEX	-659	-924	-392	-838	-471
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.00	0.78	0.78	0.60
Total Volume	29.609	0	105	96	64
Total OI	138.739	102	160	153	102

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
2022-08-01	$78.86	$80.00	30.7%	8.8%	21.9%	28.1%	27.5%	14.8%	-5.1%	-6.5K	14.8K	-838	0.78	120.27	N/A	N/A	54	42	44	109
2022-08-02	$78.65	$80.00	30.6%	8.8%	22.0%	28.0%	24.3%	-1.9%	-3.0%	-5.1K	20.5K	-924	0.67	117.33	N/A	N/A	63	42	45	109
2022-08-03	$79.51	$80.00	26.2%	7.5%	21.9%	19.5%	28.2%	9.8%	2.4%	-3.0K	-23.4K	-903	0.67	117.64	N/A	N/A	63	42	48	109
2022-08-04	$78.75	$74.00	27.4%	6.6%	22.0%	21.7%	27.9%	7.1%	0.7%	-2.3K	-3.7K	-816	0.67	98.97	N/A	N/A	63	42	48	109
2022-08-05	$78.98	$74.00	23.4%	6.9%	22.0%	14.3%	29.4%	9.3%	-2.4%	-3.3K	-8.0K	-778	0.67	101.14	N/A	N/A	63	42	48	109
2022-08-08	$79.59	$74.00	31.4%	7.7%	20.6%	29.5%	26.6%	5.4%	-4.3%	-1.4K	-16.3K	-867	0.74	105.11	N/A	N/A	57	42	48	109
2022-08-09	$77.60	$74.00	37.0%	7.1%	22.9%	40.1%	0.0%	7.6%	-0.8%	-1.6K	3.8K	-737	0.00	121.03	N/A	N/A	0	0	51	109
2022-08-10	$79.97	$74.00	26.7%	7.7%	24.6%	20.5%	0.0%	14.8%	-8.5%	1.9K	-63.3K	-679	0.00	114.89	N/A	N/A	0	0	51	109
2022-08-11	$80.09	$74.00	27.1%	7.8%	24.0%	21.3%	0.0%	12.5%	-3.9%	1.6K	-71.2K	-795	0.00	120.52	N/A	N/A	0	0	51	109
2022-08-12	$81.66	$74.00	20.3%	5.8%	24.0%	8.2%	0.0%	4.7%	2.5%	8.1K	-113.4K	-697	0.00	123.91	N/A	N/A	0	0	51	109
2022-08-15	$82.16	$74.00	27.5%	7.9%	23.8%	21.9%	0.0%	12.5%	-5.0%	5.4K	-121.2K	-578	0.00	118.17	N/A	N/A	0	0	51	109
2022-08-16	$82.46	$74.00	26.9%	7.7%	20.8%	20.8%	0.0%	7.1%	-8.1%	7.0K	-146.3K	-627	0.00	121.08	N/A	N/A	0	0	51	109
2022-08-17	$81.93	$74.00	24.0%	6.9%	20.6%	15.4%	0.0%	8.9%	-1.8%	5.6K	-123.7K	-615	0.00	122.22	N/A	N/A	0	0	51	109
2022-08-18	$82.03	$74.00	23.6%	6.8%	20.6%	14.7%	0.0%	-1.5%	-2.8%	5.0K	-136.7K	-606	0.00	122.02	N/A	N/A	0	0	51	109
2022-08-19	$80.45	$74.00	26.3%	7.5%	21.3%	19.7%	24.9%	10.6%	-5.6%	1.0K	-79.6K	-591	0.00	109.89	N/A	N/A	2	0	51	109
2022-08-22	$78.48	$74.00	33.2%	9.5%	23.5%	32.9%	0.0%	9.0%	-1.4%	2.7K	-52.7K	-645	0.00	117.53	N/A	N/A	0	0	38	64
2022-08-23	$78.69	$74.00	33.8%	9.7%	23.4%	34.1%	0.0%	9.7%	-3.6%	2.5K	-42.0K	-602	0.00	129.61	N/A	N/A	0	0	38	64
2022-08-24	$78.96	$74.00	32.1%	9.2%	21.5%	30.8%	0.0%	5.8%	-4.1%	3.3K	-38.8K	-607	0.00	112.42	N/A	N/A	0	0	38	64
2022-08-25	$80.26	$74.00	20.1%	5.8%	22.0%	7.8%	0.0%	5.5%	-0.5%	7.0K	-77.3K	-440	0.00	124.01	N/A	N/A	0	0	38	64
2022-08-26	$77.51	$74.00	24.0%	6.9%	25.2%	13.1%	0.0%	1.4%	-0.1%	1.4K	-28.9K	-522	0.00	129.07	N/A	N/A	0	0	38	64
2022-08-29	$76.90	$74.00	35.2%	10.1%	25.3%	35.0%	0.0%	10.4%	-4.6%	1.7K	-22.0K	-434	0.00	120.12	N/A	N/A	0	0	38	64
2022-08-30	$74.75	$74.00	28.9%	8.3%	27.1%	22.8%	0.0%	4.7%	-2.0%	-1.4K	1.5K	-392	0.00	128.60	N/A	N/A	0	0	38	64
2022-08-31	$75.33	$74.00	35.6%	10.2%	26.9%	35.9%	30.2%	0.6%	-2.5%	-3.1K	14.7K	-471	0.60	124.23	N/A	N/A	40	24	38	64