SLYG Options History — September 2025

In September 2025, SLYG traded between $92.85 and $96.05. ATM implied volatility averaged 22.6%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 5.3% (HV 20d: 17.3%). Max pain ranged from $90.00 to $93.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.03.

Notable Days

  • 2025-09-02: Highest Volume — 15 contracts
  • 2025-09-08: Largest IV spike — 18.6% change
  • 2025-09-09: Highest IV Rank — 19.8%
  • 2025-09-03: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.13$92.85$96.05$93.21$93.95
Max Pain$92.71$90.00$93.00$90.00$93.00
ATM IV22.6%19.7%25.6%23.3%22.0%
Expected Move6.5%5.6%7.1%6.7%6.3%
HV 20d17.3%14.6%19.6%19.0%15.5%
HV 60d16.5%15.8%17.0%16.3%16.5%
IV Rank14.4%9.0%19.8%15.7%13.2%
IV Percentile57.0%22.6%79.8%66.7%53.2%
Term Structure-2.4%-10.3%1.7%-1.4%-1.3%
VWIV17.2%12.3%20.4%18.8%12.3%
Skew 25d0.8%-4.3%6.7%-3.0%0.6%
Skew 10d-1.2%-10.6%7.1%-3.6%-5.7%
Call IV 25d17.6%11.5%24.2%20.3%19.1%
Put IV 25d18.4%13.8%24.2%17.3%19.7%
Bid-Ask Spread %133.88112.10159.35150.68153.53
Gamma HHI0.210.170.230.230.21
Net GEX38.6K29.2K48.2K36.9K48.2K
Net DEX-1.4M-1.6M-1.3M-1.3M-1.4M
Net VEX-1.9K-2.1K-1.5K-1.6K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.150.150.00
Total Volume2015150
Total OI189.429168204168196

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$93.21$90.0023.3%6.7%19.0%15.7%0.0%-3.0%-1.4%36.9K-1.3M-1.6K0.15150.68N/AN/A1321671
2025-09-03$92.85$90.0024.9%7.1%19.0%18.6%0.0%4.9%-5.4%42.6K-1.3M-2.1K0.00150.41N/AN/A001803
2025-09-04$94.09$93.0021.7%6.2%19.4%12.6%0.0%1.6%-0.3%39.4K-1.4M-2.0K0.00124.27N/AN/A001803
2025-09-05$94.19$93.0019.7%6.6%19.2%9.0%0.0%4.0%-2.9%38.9K-1.4M-1.9K0.00112.10N/AN/A001803
2025-09-08$94.23$93.0023.3%6.1%19.2%15.7%0.0%1.1%1.4%39.3K-1.4M-1.9K0.00124.63N/AN/A001803
2025-09-09$93.43$93.0025.6%6.4%19.6%19.8%0.0%-1.1%-2.1%42.6K-1.3M-2.0K0.00122.21N/AN/A001803
2025-09-10$93.17$93.0023.8%6.8%17.1%16.5%0.0%-2.3%-2.9%43.1K-1.3M-2.0K0.00127.86N/AN/A001803
2025-09-11$95.12$93.0022.5%6.4%17.5%14.1%0.0%-3.4%-4.2%34.8K-1.5M-1.5K0.00118.43N/AN/A001803
2025-09-12$94.06$93.0023.7%6.8%17.1%16.3%0.0%6.7%-3.1%32.3K-1.3M-2.0K0.00123.41N/AN/A0018013
2025-09-15$93.96$93.0024.5%7.0%17.0%17.8%0.0%1.5%-3.4%33.3K-1.3M-2.0K0.00127.67N/AN/A0018013
2025-09-16$93.81$93.0024.1%6.9%17.0%17.1%0.0%2.5%-4.0%31.8K-1.3M-1.7K0.00121.97N/AN/A0018013
2025-09-17$93.90$93.0023.5%6.7%17.0%15.9%18.8%0.5%-3.8%33.2K-1.3M-1.9K0.00117.14N/AN/A11018013
2025-09-18$96.05$93.0024.5%7.0%18.5%17.9%0.0%-4.3%-10.3%29.2K-1.6M-1.6K0.00125.21N/AN/A0019113
2025-09-19$94.93$93.0020.8%6.0%19.2%11.1%20.4%-2.4%0.3%32.0K-1.5M-1.7K0.00137.15N/AN/A4019113
2025-09-22$95.16$93.0023.2%6.6%15.0%15.4%0.0%4.3%-5.9%37.7K-1.4M-1.8K0.00131.77N/AN/A501853
2025-09-23$95.20$93.0019.9%5.7%14.6%9.4%0.0%-1.9%1.1%39.6K-1.5M-1.9K0.00138.31N/AN/A101903
2025-09-24$94.06$93.0019.7%5.6%15.3%9.0%0.0%2.7%1.7%41.7K-1.5M-1.9K0.00141.88N/AN/A001903
2025-09-25$93.16$93.0021.7%6.2%15.4%12.6%0.0%-1.4%-0.7%45.7K-1.4M-2.1K0.00149.56N/AN/A001903
2025-09-26$94.06$93.0020.4%5.9%15.9%10.4%0.0%4.0%-1.8%44.2K-1.4M-2.1K0.00154.05N/AN/A001903
2025-09-29$94.14$93.0022.2%6.4%15.7%13.6%12.3%2.2%-1.6%45.1K-1.4M-2.0K0.00159.35N/AN/A601903
2025-09-30$93.95$93.0022.0%6.3%15.5%13.2%0.0%0.6%-1.3%48.2K-1.4M-2.1K0.00153.53N/AN/A001933