SLYG Options History — November 2023

In November 2023, SLYG traded between $69.88 and $75.28. ATM implied volatility averaged 20.8%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 1.5% (HV 20d: 22.3%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-11-16: Highest Volume — 6 contracts
  • 2023-11-07: Largest IV drop — 40.5% change
  • 2023-11-02: Highest IV Rank — 22.7%
  • 2023-11-14: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.44$69.88$75.28$69.88$74.72
Max Pain$79.76$75.00$80.00$75.00$80.00
ATM IV20.8%15.4%26.3%21.6%21.0%
Expected Move6.0%4.9%6.8%6.2%6.0%
HV 20d22.3%16.7%25.9%16.7%24.0%
HV 60d18.0%14.7%19.5%14.7%18.6%
IV Rank12.4%2.4%22.7%13.8%12.9%
IV Percentile30.1%0.4%67.5%32.9%33.3%
Term Structure-2.9%-7.8%2.7%-0.1%-7.0%
Skew 25d3.8%-2.2%10.1%1.4%10.1%
Skew 10d3.2%-7.1%10.3%10.3%-5.4%
Call IV 25d17.5%11.7%22.7%21.1%11.7%
Put IV 25d21.3%15.7%25.6%22.5%21.8%
Bid-Ask Spread %129.50116.70136.95135.15135.91
Gamma HHI0.230.140.350.220.23
Net GEX947-5334.2K132506
Net DEX6.0K-19.0K30.3K29.3K-3.2K
Net VEX-74-119-44-81-55
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.7140600
Total OI27.048644367

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$69.88$75.0021.6%6.2%16.7%13.8%0.0%1.4%-0.1%13229.3K-810.00135.15N/AN/A00297
2023-11-02$71.34$80.0026.3%6.4%18.4%22.7%0.0%9.0%-3.7%93719.5K-1030.00121.67N/AN/A00297
2023-11-03$73.26$80.0023.4%6.6%20.5%17.4%0.0%1.2%-0.8%1.9K8.1K-1190.00128.95N/AN/A00297
2023-11-06$72.41$80.0025.9%6.5%20.9%21.9%0.0%5.4%1.5%1.7K9.8K-1090.00123.64N/AN/A20297
2023-11-07$72.21$80.0015.4%6.5%20.3%2.4%0.0%1.5%-6.5%1.1K19.7K-940.00128.71N/AN/A00317
2023-11-08$71.28$80.0020.5%5.9%20.7%11.9%0.0%4.4%-2.0%55723.1K-790.00127.62N/AN/A02317
2023-11-09$70.54$80.0019.3%5.5%20.2%9.6%0.0%2.8%0.9%-53330.3K-800.00126.56N/AN/A01319
2023-11-10$71.47$80.0017.9%5.1%20.4%7.1%0.0%4.5%-0.7%-39026.5K-850.00136.95N/AN/A003110
2023-11-13$71.69$80.0020.6%5.9%19.5%12.1%0.0%6.8%-4.9%-39927.9K-710.00126.70N/AN/A013110
2023-11-14$75.23$80.0023.7%6.8%25.9%17.8%0.0%6.2%-5.1%3.7K-16.4K-860.00130.44N/AN/A003111
2023-11-15$75.28$80.0021.6%6.2%24.5%14.0%0.0%2.7%2.7%4.2K-19.0K-850.00116.70N/AN/A023111
2023-11-16$74.26$80.0019.1%5.5%24.4%9.3%0.0%-2.2%1.5%8954.0K-720.00133.79N/AN/A603113
2023-11-17$74.81$80.0021.4%6.1%24.1%13.6%0.0%-0.1%-4.5%1.6K-5.9K-540.00131.82N/AN/A003113
2023-11-20$75.25$80.0017.0%4.9%23.9%5.4%0.0%3.2%-0.8%418-3.4K-440.00128.39N/AN/A0033
2023-11-21$74.47$80.0017.3%4.9%24.4%5.9%0.0%5.8%-7.8%287-2.6K-500.00124.43N/AN/A1033
2023-11-22$74.86$80.0022.0%6.3%24.0%14.6%0.0%2.7%-6.6%607-5.6K-570.00134.97N/AN/A0043
2023-11-24$75.19$80.0020.4%5.8%23.8%11.7%0.0%7.6%-2.9%884-5.3K-560.00129.74N/AN/A0043
2023-11-27$75.12$80.0020.6%5.9%23.6%12.1%0.0%-1.1%-4.1%706-4.6K-520.00132.09N/AN/A0043
2023-11-28$74.44$80.0022.6%6.5%24.0%15.9%0.0%6.1%-6.2%561-2.4K-580.00134.65N/AN/A0043
2023-11-29$74.53$80.0018.9%5.4%24.0%9.0%0.0%1.8%-3.0%558-3.4K-580.00130.63N/AN/A0043
2023-11-30$74.72$80.0021.0%6.0%24.0%12.9%0.0%10.1%-7.0%506-3.2K-550.00135.91N/AN/A0043