SLYG Options History — July 2025

In July 2025, SLYG traded between $89.21 and $91.71. ATM implied volatility averaged 21.8%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 7.1% (HV 20d: 14.7%). Max pain ranged from $89.00 to $89.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2025-07-10: Highest Volume — 6 contracts
2025-07-31: Largest IV drop — 38.7% change
2025-07-07: Highest IV Rank — 27.5%
2025-07-30: Largest Expected Move — 6.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$90.36	$89.21	$91.71	$89.31	$89.21
Max Pain	$89.00	$89.00	$89.00	$89.00	$89.00
ATM IV	21.8%	14.8%	27.4%	23.3%	14.8%
Expected Move	6.1%	4.2%	6.9%	6.7%	4.2%
HV 20d	14.7%	13.1%	15.8%	13.4%	14.4%
HV 60d	20.0%	16.0%	31.6%	31.6%	16.0%
IV Rank	13.2%	0.0%	27.5%	23.4%	0.0%
IV Percentile	50.5%	0.0%	82.9%	66.3%	0.0%
Term Structure	-2.1%	-8.9%	6.0%	-6.2%	6.0%
VWIV	21.9%	17.9%	25.9%	17.9%	25.9%
Skew 25d	-1.3%	-6.8%	8.7%	-6.8%	-5.6%
Skew 10d	0.2%	-4.7%	7.4%	-3.8%	-4.7%
Call IV 25d	20.4%	16.3%	24.9%	22.9%	24.9%
Put IV 25d	19.1%	16.1%	25.0%	16.1%	19.3%
Bid-Ask Spread %	126.19	113.15	134.72	134.72	125.84
Gamma HHI	0.27	0.24	0.32	0.31	0.32
Net GEX	41.5K	39.1K	44.2K	40.6K	39.1K
Net DEX	-999.9K	-1.1M	-933.2K	-933.2K	-944.8K
Net VEX	-2.5K	-2.7K	-2.1K	-2.7K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.682	0	6	1	0
Total OI	185.591	180	189	180	189

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-07-01	$89.31	$0.00	23.3%	6.7%	13.4%	23.4%	0.0%	-6.8%	-6.2%	40.6K	-933.2K	-2.7K	134.72	N/A	N/A	1	175	5
2025-07-02	$90.22	$0.00	21.3%	6.1%	13.1%	18.0%	0.0%	1.5%	3.3%	41.9K	-975.8K	-2.7K	134.64	N/A	N/A	2	175	5
2025-07-03	$90.96	$89.00	24.5%	6.1%	13.3%	22.4%	0.0%	8.7%	-0.8%	41.6K	-1.0M	-2.7K	113.15	N/A	N/A	0	175	5
2025-07-07	$89.42	$89.00	27.4%	5.3%	15.0%	27.5%	17.9%	0.8%	4.7%	39.8K	-956.9K	-2.6K	116.36	N/A	N/A	2	175	5
2025-07-08	$90.13	$89.00	24.8%	6.1%	14.8%	22.9%	0.0%	1.4%	-1.6%	41.3K	-969.4K	-2.6K	125.80	N/A	N/A	0	177	5
2025-07-09	$90.65	$89.00	20.3%	5.8%	14.7%	15.1%	0.0%	1.2%	-0.5%	42.2K	-987.5K	-2.6K	125.31	N/A	N/A	0	177	5
2025-07-10	$91.71	$89.00	20.4%	5.8%	15.1%	12.3%	0.0%	2.4%	0.1%	43.1K	-1.1M	-2.5K	123.00	N/A	N/A	6	177	5
2025-07-11	$90.63	$89.00	20.0%	5.7%	15.8%	11.5%	0.0%	2.0%	-0.1%	44.2K	-1.1M	-2.7K	128.91	N/A	N/A	0	182	5
2025-07-14	$90.94	$89.00	21.8%	6.2%	15.5%	10.5%	0.0%	1.6%	-1.8%	44.0K	-1.0M	-2.5K	127.39	N/A	N/A	0	182	5
2025-07-15	$89.67	$89.00	21.2%	6.1%	14.6%	9.5%	0.0%	0.0%	-3.1%	41.5K	-960.7K	-2.6K	122.95	N/A	N/A	0	182	5
2025-07-16	$90.18	$89.00	22.2%	6.4%	14.4%	11.4%	0.0%	1.2%	-0.8%	42.4K	-952.3K	-2.6K	123.44	N/A	N/A	0	182	5
2025-07-17	$91.25	$89.00	20.8%	6.0%	14.5%	8.8%	0.0%	-0.9%	-1.9%	43.4K	-1.0M	-2.5K	127.26	N/A	N/A	0	182	5
2025-07-18	$90.32	$89.00	22.7%	6.5%	15.2%	12.3%	0.0%	-5.3%	-8.9%	40.4K	-1.0M	-2.4K	125.11	N/A	N/A	0	182	5
2025-07-21	$89.91	$89.00	22.8%	6.5%	15.3%	12.5%	0.0%	-5.8%	-8.5%	39.6K	-982.7K	-2.4K	129.04	N/A	N/A	0	182	5
2025-07-22	$90.66	$89.00	21.2%	6.1%	15.4%	9.5%	0.0%	-0.8%	-1.7%	41.5K	-988.3K	-2.4K	127.34	N/A	N/A	0	182	5
2025-07-23	$91.25	$89.00	20.9%	6.0%	14.9%	8.9%	25.9%	-3.8%	-4.9%	42.2K	-1.0M	-2.3K	129.59	N/A	N/A	4	182	5
2025-07-24	$90.24	$89.00	22.1%	6.4%	15.0%	11.3%	0.0%	-2.1%	-4.7%	43.2K	-1.0M	-2.3K	128.48	N/A	N/A	0	184	5
2025-07-25	$90.48	$89.00	21.4%	6.1%	14.6%	9.8%	0.0%	-4.5%	-2.9%	39.7K	-1.0M	-2.2K	128.94	N/A	N/A	0	184	5
2025-07-28	$90.53	$89.00	19.7%	5.6%	14.6%	6.6%	0.0%	-6.3%	0.2%	39.8K	-1.0M	-2.2K	129.17	N/A	N/A	0	184	5
2025-07-29	$90.29	$89.00	22.5%	6.5%	14.6%	12.0%	0.0%	-4.3%	-4.6%	40.6K	-1.0M	-2.1K	127.10	N/A	N/A	0	184	5
2025-07-30	$89.89	$89.00	24.1%	6.9%	14.6%	15.0%	0.0%	-2.3%	-6.8%	41.7K	-1.0M	-2.2K	122.75	N/A	N/A	0	184	5
2025-07-31	$89.21	$89.00	14.8%	4.2%	14.4%	0.0%	0.0%	-5.6%	6.0%	39.1K	-944.8K	-2.2K	125.84	N/A	N/A	0	184	5