IBIT Options History — December 2024

In December 2024, IBIT traded between $52.80 and $60.80. ATM implied volatility averaged 60.3%. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 4.4% (HV 20d: 55.8%). Max pain ranged from $53.00 to $54.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2024-12-05: Highest Volume — 586,773 contracts
  • 2024-12-04: Largest IV spike — 5.1% change
  • 2024-12-05: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.94$52.80$60.80$54.50$53.12
Max Pain$53.86$53.00$54.00$53.00$54.00
ATM IV60.3%56.3%62.9%57.8%58.7%
Expected Move17.3%15.3%18.6%16.5%16.2%
HV 20d55.8%52.1%59.3%53.4%55.4%
Term Structure1.0%-1.0%2.2%1.1%1.3%
VWIV61.8%55.5%66.0%59.6%56.4%
Skew 25d-2.3%-4.9%0.7%-4.3%-2.2%
Skew 10d-2.4%-11.9%7.1%-7.6%1.4%
Call IV 25d63.2%59.0%66.5%62.1%61.9%
Put IV 25d60.9%56.4%64.3%57.8%59.7%
Bid-Ask Spread %8.765.9212.275.929.35
Gamma HHI0.060.050.080.070.05
Net GEX51.5M15.5M96.0M42.4M35.4M
Net DEX-2.05B-3.64B-982.9M-1.49B-1.17B
Net VEX-11.5M-13.3M-8.5M-8.5M-12.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.280.730.460.42
Total Volume310,684.286117,670586,773197,568303,313
Total OI1,771,963.191,201,4622,126,3471,201,4622,022,223

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$54.50$53.0057.8%16.5%0.0%0.0%59.6%-4.3%1.1%42.4M-1.49B-8.5M0.465.92135,19762,371844,970356,492
2024-12-03$54.40$53.0056.3%15.3%0.0%0.0%55.5%-2.6%1.2%43.6M-1.50B-8.8M0.286.3192,18625,484887,290385,091
2024-12-04$56.53$53.0059.2%16.4%0.0%0.0%58.1%-2.8%2.1%62.2M-2.11B-9.2M0.288.02159,15245,282916,565396,422
2024-12-05$56.41$54.0061.7%18.6%0.0%0.0%66.0%-4.8%0.9%69.2M-2.14B-9.4M0.4710.18399,767187,006955,723418,496
2024-12-06$58.06$54.0061.4%18.5%0.0%0.0%65.8%-4.3%1.3%66.2M-2.70B-10.9M0.4510.16242,643109,9221,067,756511,288
2024-12-09$54.95$54.0060.1%17.8%0.0%0.0%62.8%-4.9%2.2%42.7M-1.76B-10.8M0.438.47169,63672,3171,080,469487,589
2024-12-10$54.82$54.0060.7%17.9%0.0%0.0%63.6%-4.0%2.1%39.2M-1.70B-11.0M0.297.75189,67755,3111,124,089522,785
2024-12-11$57.95$54.0060.3%17.7%0.0%0.0%61.8%-2.7%1.8%75.9M-2.85B-11.5M0.297.12230,33566,9271,187,879541,650
2024-12-12$57.03$54.0061.6%18.1%0.0%0.0%63.8%-3.1%1.7%68.5M-2.56B-11.8M0.577.41124,25070,9541,219,215565,862
2024-12-13$58.03$54.0058.8%17.0%53.4%0.0%61.2%-0.4%0.4%84.7M-2.93B-11.8M0.739.66183,685134,9211,242,150597,020
2024-12-16$60.47$54.0061.0%17.6%53.8%0.0%63.2%-2.7%0.8%88.4M-3.64B-11.9M0.449.29331,459145,6101,196,966633,182
2024-12-17$60.80$54.0060.3%17.3%52.1%0.0%63.3%-2.1%0.8%96.0M-3.64B-12.4M0.3312.27225,88973,5141,239,818656,052
2024-12-18$57.02$54.0060.2%17.3%56.8%0.0%61.2%0.1%0.5%56.7M-2.28B-12.3M0.569.63263,034147,8261,271,582664,461
2024-12-19$55.09$54.0062.9%18.1%56.7%0.0%65.7%-2.2%-1.0%22.4M-1.46B-12.3M0.4410.32313,613137,5401,287,880728,953
2024-12-20$55.05$54.0061.1%17.6%55.2%0.0%62.8%0.6%-0.3%15.5M-1.58B-12.5M0.6710.63248,055166,7361,378,453747,894
2024-12-23$52.80$54.0060.1%17.3%56.9%0.0%62.8%0.7%1.3%24.7M-982.9M-12.2M0.307.49308,13291,9131,265,861666,773
2024-12-24$56.22$54.0061.5%17.5%59.3%0.0%61.9%-0.3%0.6%57.5M-2.35B-13.3M0.307.91142,28942,1431,331,225694,981
2024-12-26$54.33$54.0061.4%17.3%59.1%0.0%60.8%-1.5%0.7%33.0M-1.60B-12.6M0.648.45203,509130,5921,348,736709,310
2024-12-27$53.55$54.0060.2%16.6%55.7%0.0%61.7%-2.3%1.0%19.4M-1.15B-12.5M0.448.98167,03873,0401,364,102742,147
2024-12-30$53.63$54.0061.0%16.5%55.6%0.0%60.3%-2.4%1.1%37.9M-1.36B-12.5M0.468.68172,43879,6641,269,535682,292
2024-12-31$53.12$54.0058.7%16.2%55.4%0.0%56.4%-2.2%1.3%35.4M-1.17B-12.2M0.429.35213,09590,2181,306,378715,845