SLYG Options History — January 2024

In January 2024, SLYG traded between $79.97 and $83.40. ATM implied volatility averaged 20.9%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 3.3% (HV 20d: 17.6%). Max pain ranged from $71.00 to $79.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.02.

Notable Days

2024-01-19: Highest Volume — 16 contracts
2024-01-10: Largest IV drop — 40.1% change
2024-01-09: Highest IV Rank — 26.4%
2024-01-30: Largest Expected Move — 7.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$81.69	$79.97	$83.40	$82.68	$81.64
Max Pain	$73.38	$71.00	$79.00	$76.00	$79.00
ATM IV	20.9%	16.1%	28.3%	23.6%	20.5%
Expected Move	5.8%	4.6%	7.4%	6.8%	5.9%
HV 20d	17.6%	14.9%	21.1%	19.6%	16.1%
HV 60d	20.4%	19.8%	21.3%	20.9%	20.3%
IV Rank	12.7%	3.6%	26.4%	17.7%	11.9%
IV Percentile	36.2%	1.2%	88.5%	63.1%	32.5%
Term Structure	-2.9%	-13.2%	3.2%	-7.9%	-13.2%
VWIV	22.5%	18.9%	25.5%	25.5%	22.9%
Skew 25d	1.2%	-7.5%	8.7%	-1.9%	-7.2%
Skew 10d	2.3%	-2.6%	7.9%	-2.6%	-1.6%
Call IV 25d	17.8%	14.3%	23.0%	21.7%	21.9%
Put IV 25d	19.0%	14.8%	23.1%	19.8%	14.8%
Bid-Ask Spread %	133.76	115.50	140.08	123.24	134.33
Gamma HHI	0.52	0.32	0.66	0.58	0.32
Net GEX	18.7K	6.5K	34.6K	14.7K	6.5K
Net DEX	-149.6K	-215.9K	-57.1K	-199.3K	-57.1K
Net VEX	-262	-367	-176	-274	-176
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.10	0.00	0.00
Total Volume	2.619	0	16	11	0
Total OI	37.524	22	51	39	23

Daily Data (21 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
2024-01-02	$82.68	$76.00	23.6%	6.8%	19.6%	17.7%	25.5%	-1.9%	-7.9%	14.7K	-199.3K	-274	0.00	123.24	N/A	N/A	11	0	35	4
2024-01-03	$81.07	$76.00	22.5%	6.5%	21.0%	15.7%	0.0%	0.1%	-4.0%	17.7K	-174.1K	-310	0.00	129.51	N/A	N/A	0	0	36	4
2024-01-04	$81.21	$71.00	25.9%	6.3%	20.3%	21.9%	0.0%	-0.2%	-2.5%	16.8K	-161.6K	-318	0.10	132.75	N/A	N/A	10	1	36	4
2024-01-05	$80.63	$71.00	20.6%	5.3%	20.5%	12.1%	0.0%	3.4%	2.2%	22.7K	-193.4K	-367	0.00	134.14	N/A	N/A	0	0	45	3
2024-01-08	$81.68	$71.00	25.9%	7.0%	20.8%	22.0%	0.0%	4.0%	-4.7%	27.8K	-213.1K	-331	0.00	129.39	N/A	N/A	0	0	45	3
2024-01-09	$81.05	$71.00	28.3%	6.8%	21.0%	26.4%	0.0%	8.7%	-4.0%	22.8K	-203.5K	-329	0.00	115.50	N/A	N/A	0	0	45	3
2024-01-10	$81.08	$71.00	16.9%	4.9%	21.0%	5.2%	0.0%	2.7%	1.1%	30.4K	-211.1K	-300	0.00	137.42	N/A	N/A	0	0	45	3
2024-01-11	$81.03	$71.00	22.1%	6.3%	21.1%	14.9%	0.0%	1.9%	-2.1%	27.5K	-205.0K	-304	0.00	133.23	N/A	N/A	0	0	45	3
2024-01-12	$81.01	$71.00	17.1%	4.9%	18.1%	5.6%	0.0%	1.9%	-2.3%	29.4K	-208.0K	-290	0.00	135.64	N/A	N/A	3	0	45	3
2024-01-16	$80.48	$71.00	20.5%	5.9%	15.9%	11.9%	0.0%	1.3%	-0.8%	27.7K	-196.1K	-304	0.00	140.08	N/A	N/A	0	0	48	3
2024-01-17	$79.97	$71.00	21.0%	6.0%	15.9%	12.8%	0.0%	4.0%	-1.2%	31.3K	-177.0K	-282	0.00	138.96	N/A	N/A	0	0	48	3
2024-01-18	$80.90	$71.00	21.8%	6.3%	16.5%	14.3%	18.9%	3.8%	-2.3%	34.6K	-215.9K	-256	0.00	139.03	N/A	N/A	11	0	48	3
2024-01-19	$81.62	$71.00	19.3%	5.5%	14.9%	9.7%	0.0%	4.9%	0.4%	26.9K	-205.5K	-221	0.00	137.23	N/A	N/A	16	0	41	3
2024-01-22	$83.17	$71.00	16.1%	4.6%	15.8%	3.6%	0.0%	3.9%	3.2%	9.7K	-81.9K	-209	0.00	130.38	N/A	N/A	0	0	19	3
2024-01-23	$82.69	$71.00	16.9%	4.8%	15.6%	5.2%	0.0%	0.1%	1.3%	9.7K	-77.0K	-199	0.00	135.84	N/A	N/A	0	0	19	3
2024-01-24	$82.12	$71.00	20.0%	5.7%	15.5%	11.0%	22.9%	1.5%	-5.4%	8.3K	-73.2K	-206	0.00	134.74	N/A	N/A	0	2	19	3
2024-01-25	$82.25	$79.00	18.1%	5.2%	14.9%	7.4%	0.0%	0.2%	-4.4%	7.2K	-67.5K	-218	0.00	137.51	N/A	N/A	0	0	19	5
2024-01-26	$82.45	$79.00	16.9%	4.8%	14.9%	5.2%	0.0%	-7.5%	-1.4%	6.9K	-69.3K	-219	0.00	133.34	N/A	N/A	0	0	19	5
2024-01-29	$83.40	$79.00	19.8%	5.7%	15.6%	10.6%	0.0%	-0.6%	-3.0%	8.0K	-74.8K	-197	0.00	138.85	N/A	N/A	1	0	19	5
2024-01-30	$83.34	$79.00	25.9%	7.4%	15.3%	21.9%	0.0%	0.9%	-10.3%	6.6K	-76.4K	-193	0.00	137.94	N/A	N/A	0	0	18	5
2024-01-31	$81.64	$79.00	20.5%	5.9%	16.1%	11.9%	0.0%	-7.2%	-13.2%	6.5K	-57.1K	-176	0.00	134.33	N/A	N/A	0	0	18	5