SLYG Options History — May 2024

In May 2024, SLYG traded between $83.88 and $88.13. ATM implied volatility averaged 22.4%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 8.4% (HV 20d: 14.0%). Max pain ranged from $84.00 to $88.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-20: Highest Volume — 16 contracts
  • 2024-05-15: Largest IV drop — 63.4% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-03: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$86.73$83.88$88.13$83.88$87.41
Max Pain$86.33$84.00$88.00$84.00$86.00
ATM IV22.4%16.4%46.2%19.8%19.7%
Expected Move5.1%4.7%6.6%5.7%5.6%
HV 20d14.0%11.4%18.0%17.3%12.1%
HV 60d15.9%14.7%18.4%18.2%15.0%
IV Rank28.6%7.0%100.0%20.7%17.3%
IV Percentile44.9%4.8%100.0%36.1%37.7%
Term Structure-1.5%-6.8%2.1%1.2%-3.3%
VWIV17.1%14.9%19.2%14.9%19.2%
Skew 25d1.1%-1.2%3.8%0.4%3.3%
Skew 10d1.1%-5.3%4.6%0.7%4.6%
Call IV 25d16.2%14.9%21.8%19.8%15.5%
Put IV 25d17.3%14.3%22.7%20.3%18.8%
Bid-Ask Spread %150.22135.47161.66135.47153.21
Gamma HHI0.470.310.690.350.32
Net GEX12.9K2.4K18.4K2.4K14.1K
Net DEX-117.2K-155.2K-21.2K-21.2K-138.8K
Net VEX-375-496-189-331-469
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.09101600
Total OI37.515503733

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$83.88$84.0019.8%5.7%17.3%20.7%0.0%0.4%1.2%2.4K-21.2K-3310.00135.47N/AN/A002611
2024-05-02$84.41$84.0019.3%5.5%17.2%19.2%0.0%3.8%2.1%3.5K-31.2K-3340.00138.20N/AN/A002611
2024-05-03$85.25$84.0022.9%6.6%17.5%32.1%0.0%0.9%-6.8%4.1K-42.3K-3070.00136.63N/AN/A002611
2024-05-06$86.19$0.0025.5%4.9%17.8%41.9%14.9%1.9%0.1%8.9K-71.9K-3200.00144.33N/AN/A1302611
2024-05-07$86.88$88.0025.7%4.8%18.0%42.4%0.0%0.2%0.1%18.4K-152.6K-4760.00143.30N/AN/A403911
2024-05-08$86.13$88.0027.5%4.9%15.0%49.4%0.0%1.5%0.7%14.5K-109.9K-3950.00149.80N/AN/A003511
2024-05-09$87.16$88.0025.9%4.9%15.3%43.5%0.0%0.6%-0.2%17.6K-140.8K-3810.00142.75N/AN/A003511
2024-05-10$86.72$88.0028.6%4.7%14.3%53.2%0.0%1.0%0.3%16.0K-129.9K-3770.00146.79N/AN/A003511
2024-05-13$86.79$88.0038.5%5.0%13.5%89.7%0.0%0.1%-1.8%14.5K-133.5K-3420.00146.86N/AN/A003511
2024-05-14$87.54$88.0046.2%5.1%13.6%100.0%17.2%2.0%-0.2%16.4K-155.0K-3220.00151.96N/AN/A503511
2024-05-15$88.13$0.0016.9%4.8%12.8%8.7%0.0%1.1%0.0%17.2K-155.2K-2360.00153.27N/AN/A003011
2024-05-16$87.79$0.0017.0%4.9%12.9%8.9%0.0%0.9%-0.8%16.6K-144.3K-2240.00155.22N/AN/A003011
2024-05-17$87.56$0.0016.5%4.7%13.0%7.6%19.2%0.7%-1.9%18.0K-139.2K-1890.00156.22N/AN/A603011
2024-05-20$88.02$86.0017.4%5.0%12.5%10.1%0.0%-1.0%-3.9%5.4K-83.4K-2020.00154.28N/AN/A160141
2024-05-21$87.93$86.0017.3%5.0%11.4%9.9%0.0%1.1%-2.6%12.9K-145.3K-4680.00157.44N/AN/A00301
2024-05-22$87.12$86.0016.4%4.7%12.0%7.0%0.0%0.8%-1.7%13.4K-135.6K-4660.00154.11N/AN/A10301
2024-05-23$86.15$86.0017.0%4.9%12.8%8.9%0.0%-1.2%-2.0%13.5K-125.5K-4740.00152.08N/AN/A10311
2024-05-24$87.03$86.0017.7%5.1%12.9%11.2%0.0%-0.4%-4.0%13.8K-132.6K-4960.00158.57N/AN/A00321
2024-05-28$86.91$86.0017.9%5.1%12.8%11.9%0.0%1.5%-1.3%14.5K-136.4K-4820.00155.52N/AN/A00321
2024-05-29$86.23$86.0019.9%5.7%12.0%18.1%0.0%1.9%-4.1%13.9K-121.8K-4770.00161.66N/AN/A00321
2024-05-30$86.84$86.0019.6%5.6%12.1%17.2%0.0%2.4%-3.8%14.1K-132.1K-4800.00157.24N/AN/A00321
2024-05-31$87.41$86.0019.7%5.6%12.1%17.3%0.0%3.3%-3.3%14.1K-138.8K-4690.00153.21N/AN/A00321