SLYG Options History — March 2023

In March 2023, SLYG traded between $70.69 and $78.05. ATM implied volatility averaged 31.5%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 10.5% (HV 20d: 21.0%). Max pain ranged from $72.00 to $79.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.08.

Notable Days

  • 2023-03-21: Highest Volume — 7 contracts
  • 2023-03-10: Largest IV spike — 58.4% change
  • 2023-03-14: Highest IV Rank — 98.6%
  • 2023-03-20: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.33$70.69$78.05$77.06$73.36
Max Pain$73.91$72.00$79.00$79.00$72.00
ATM IV31.5%20.7%67.8%28.6%24.9%
Expected Move7.8%5.4%10.5%8.2%7.1%
HV 20d21.0%14.6%26.2%17.4%26.2%
HV 60d19.2%17.2%20.7%18.2%20.5%
IV Rank26.0%4.3%98.6%20.1%12.7%
IV Percentile42.9%2.8%99.6%37.3%16.3%
Term Structure-1.2%-7.4%5.8%-5.4%-1.9%
VWIV28.5%28.5%28.5%28.5%28.5%
Skew 25d6.2%-0.4%15.6%2.4%8.2%
Skew 10d6.2%-4.8%30.3%11.1%-0.6%
Call IV 25d21.3%16.8%26.9%18.3%17.3%
Put IV 25d27.5%20.6%35.6%20.6%25.5%
Bid-Ask Spread %120.96110.07132.61129.30132.36
Gamma HHI0.440.300.630.310.63
Net GEX2.4K1.3K4.3K2.4K4.3K
Net DEX-26.9K-38.8K-17.9K-35.3K-35.6K
Net VEX-144-170-118-153-166
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.000.170.170.00
Total Volume0.3480701
Total OI10.565714914

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$77.06$79.0028.6%8.2%17.4%20.1%0.0%2.4%-5.4%2.4K-35.3K-1530.00129.30N/AN/A0090
2023-03-02$77.33$79.0021.6%6.2%14.6%6.1%0.0%6.7%2.4%2.7K-35.1K-1520.00132.61N/AN/A0090
2023-03-03$78.05$79.0020.7%5.9%14.7%4.3%0.0%5.7%5.8%2.4K-38.8K-1520.00132.19N/AN/A0090
2023-03-06$76.47$0.0022.1%5.9%16.1%7.2%0.0%10.0%2.9%2.6K-34.4K-1440.00115.45N/AN/A0090
2023-03-07$75.92$0.0029.2%5.4%15.6%21.3%0.0%4.7%4.6%2.5K-31.7K-1440.00121.34N/AN/A0090
2023-03-08$75.91$0.0032.6%7.5%15.4%28.1%0.0%6.3%0.1%2.3K-30.9K-1430.00113.71N/AN/A0090
2023-03-09$74.34$0.0025.6%6.5%16.6%14.0%0.0%5.5%1.7%1.7K-27.4K-1360.00112.54N/AN/A0090
2023-03-10$72.30$0.0040.5%9.7%18.4%43.9%0.0%-0.4%-7.4%1.6K-24.0K-1340.00119.97N/AN/A0090
2023-03-13$71.27$0.0062.2%9.4%18.6%87.4%0.0%4.2%-2.0%1.4K-19.3K-1230.00122.22N/AN/A0090
2023-03-14$72.30$0.0067.8%7.6%19.0%98.6%0.0%7.4%-0.4%1.7K-21.8K-1280.00113.59N/AN/A0090
2023-03-15$71.15$0.0029.6%8.5%19.4%22.1%0.0%2.7%-1.5%1.3K-18.8K-1200.00123.10N/AN/A0090
2023-03-16$72.87$0.0029.8%8.5%21.7%22.5%0.0%1.1%-3.6%1.4K-19.6K-1230.00117.75N/AN/A0090
2023-03-17$70.92$0.0031.4%9.0%23.2%25.7%0.0%7.7%-2.3%1.3K-17.9K-1180.00110.07N/AN/A0090
2023-03-20$71.79$0.0036.5%10.5%23.9%36.0%0.0%13.3%-6.2%1.3K-19.0K-1210.00115.50N/AN/A0070
2023-03-21$73.18$0.0033.1%9.5%24.1%29.3%28.5%11.0%-6.6%1.5K-21.7K-1260.17114.52N/AN/A6170
2023-03-22$71.61$72.0027.4%7.9%25.1%17.8%0.0%7.6%-1.0%3.1K-29.1K-1700.00120.92N/AN/A00131
2023-03-23$70.69$72.0030.7%8.8%24.8%24.4%0.0%7.8%-0.4%2.9K-25.1K-1620.00116.69N/AN/A00131
2023-03-24$71.31$72.0027.6%7.9%25.2%18.2%0.0%4.0%2.1%2.6K-22.4K-1530.00122.00N/AN/A00131
2023-03-27$72.22$72.0026.5%7.6%25.6%15.8%0.0%6.7%-0.8%3.5K-29.8K-1660.00125.02N/AN/A00131
2023-03-28$71.86$72.0032.2%9.2%25.5%27.3%0.0%15.6%-3.0%2.9K-28.6K-1580.00114.16N/AN/A00131
2023-03-29$72.47$72.0021.3%6.1%25.9%5.6%0.0%4.0%0.1%4.1K-27.0K-1570.00129.47N/AN/A00131
2023-03-30$72.26$72.0023.5%6.7%25.8%9.9%0.0%1.5%-5.0%3.9K-25.9K-1540.00127.59N/AN/A00131
2023-03-31$73.36$72.0024.9%7.1%26.2%12.7%0.0%8.2%-1.9%4.3K-35.6K-1660.00132.36N/AN/A10131