SLYG Options History — December 2023

In December 2023, SLYG traded between $76.45 and $84.87. ATM implied volatility averaged 23.2%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 2.8% (HV 20d: 20.4%). Max pain ranged from $76.00 to $80.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-01: Highest Volume — 18 contracts
  • 2023-12-21: Largest IV spike — 35.8% change
  • 2023-12-12: Highest IV Rank — 40.2%
  • 2023-12-01: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.74$76.45$84.87$76.59$83.91
Max Pain$77.70$76.00$80.00$80.00$76.00
ATM IV23.2%16.3%35.7%25.9%22.4%
Expected Move5.7%4.3%7.4%7.4%6.4%
HV 20d20.4%17.4%24.5%24.5%19.6%
HV 60d20.2%19.3%21.0%19.3%20.6%
IV Rank17.0%4.1%40.2%21.9%15.4%
IV Percentile47.7%1.6%96.4%71.8%46.4%
Term Structure-1.4%-7.6%3.2%-7.6%-5.6%
VWIV22.1%14.3%27.0%24.8%27.0%
Skew 25d0.4%-7.3%5.1%4.6%1.9%
Skew 10d-0.3%-10.2%3.3%3.0%0.8%
Call IV 25d17.7%12.9%23.2%18.9%20.9%
Put IV 25d18.2%11.9%23.5%23.5%22.8%
Bid-Ask Spread %129.17106.47141.71137.42134.50
Gamma HHI0.690.260.800.260.58
Net GEX9.1K91412.8K91412.8K
Net DEX-117.9K-227.5K-8.9K-8.9K-227.5K
Net VEX-198-251-50-50-251
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.75018180
Total OI26.75739739

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$76.59$80.0025.9%7.4%24.5%21.9%0.0%4.6%-7.6%914-8.9K-500.00137.42N/AN/A18043
2023-12-04$77.50$78.0023.6%5.5%23.1%17.7%0.0%1.2%1.2%8.5K-55.4K-2320.00137.26N/AN/A00223
2023-12-05$76.51$78.0023.4%5.4%23.2%17.3%0.0%1.5%0.1%8.4K-50.8K-2270.00140.36N/AN/A00223
2023-12-06$76.45$78.0027.9%5.6%23.2%25.6%0.0%-0.2%-5.7%7.5K-52.0K-2210.00133.90N/AN/A00223
2023-12-07$76.91$78.0023.1%5.7%22.4%16.8%0.0%3.1%-0.4%8.3K-50.5K-2230.00140.29N/AN/A00223
2023-12-08$77.63$78.0028.7%5.6%21.9%27.2%0.0%0.4%-0.4%8.9K-59.4K-2260.00140.02N/AN/A00223
2023-12-11$77.91$78.0031.8%5.2%21.7%33.0%0.0%-1.5%2.5%10.6K-60.6K-2190.00141.71N/AN/A00223
2023-12-12$77.94$78.0035.7%4.3%21.7%40.2%0.0%5.0%3.2%11.1K-59.5K-2150.00139.10N/AN/A00223
2023-12-13$80.36$78.0023.4%6.7%17.4%17.3%24.8%4.4%-7.4%9.7K-95.9K-2150.00134.37N/AN/A60223
2023-12-14$82.34$78.0019.2%5.5%18.9%9.5%0.0%0.4%0.7%12.0K-159.6K-2330.00132.94N/AN/A00273
2023-12-15$81.80$78.0018.5%5.3%18.2%8.2%0.0%0.0%1.2%12.7K-156.1K-2320.00133.55N/AN/A00273
2023-12-18$81.77$78.0020.5%5.9%18.2%12.0%0.0%-0.4%-2.5%10.7K-136.9K-2270.00115.63N/AN/A00253
2023-12-19$83.49$78.0020.1%5.8%19.1%11.2%0.0%5.1%-1.5%9.9K-157.0K-1960.00111.76N/AN/A00253
2023-12-20$82.42$78.0016.3%4.7%19.4%4.1%0.0%-0.8%-2.1%9.0K-157.5K-1900.00120.74N/AN/A00253
2023-12-21$83.19$78.0022.2%6.4%19.5%15.0%0.0%-3.0%-0.9%9.6K-154.0K-1970.00124.84N/AN/A00253
2023-12-22$83.79$78.0022.7%6.5%19.5%15.9%14.3%-3.2%-1.2%8.6K-164.3K-1770.00113.68N/AN/A01253
2023-12-26$84.75$76.0019.2%5.5%19.5%9.4%0.0%-7.3%0.6%8.1K-177.4K-1360.00125.84N/AN/A10254
2023-12-27$84.87$76.0018.9%5.4%18.7%8.9%0.0%-5.1%-4.1%7.7K-179.9K-1730.00119.00N/AN/A00264
2023-12-28$84.69$76.0020.9%6.0%18.9%12.6%27.0%2.8%1.5%7.4K-194.1K-1270.00106.47N/AN/A90264
2023-12-29$83.91$76.0022.4%6.4%19.6%15.4%0.0%1.9%-5.6%12.8K-227.5K-2510.00134.50N/AN/A00354