IEF Options History — June 2007

In June 2007, IEF traded between $79.59 and $81.25. ATM implied volatility averaged 4.7%. The 30-day expected move averaged 1.4%. IV traded below realized volatility by 0.8% (HV 20d: 5.5%). Max pain ranged from $79.00 to $84.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 11.37.

Notable Days

  • 2007-06-04: Highest Volume — 1,637 contracts
  • 2007-06-20: Largest IV spike — 47.8% change
  • 2007-06-13: Largest Expected Move — 1.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.49$79.59$81.25$81.12$81.09
Max Pain$80.62$79.00$84.00$84.00$80.00
ATM IV4.7%3.4%5.5%4.4%5.1%
Expected Move1.4%1.0%1.6%1.2%1.5%
HV 20d5.5%3.9%6.6%4.0%6.2%
HV 60d4.3%3.6%4.8%3.8%4.8%
Term Structure-0.7%-2.2%-0.1%-0.3%-0.2%
VWIV5.0%4.3%6.0%4.9%5.1%
Skew 25d0.5%-0.9%1.5%-0.9%0.0%
Skew 10d0.5%-1.8%2.3%-1.2%-0.3%
Call IV 25d4.4%3.2%5.6%4.9%5.0%
Put IV 25d5.0%3.4%6.4%4.0%5.1%
Bid-Ask Spread %27.5214.8971.8619.6117.95
Gamma HHI0.350.210.760.330.25
Net GEX-654.6K-1.8M432.3K-1.1M432.3K
Net DEX3.6M-5.0M13.6M8.8M-5.0M
Net VEX-71.4K-88.8K-53.3K-59.7K-81.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.370.01180.890.160.50
Total Volume304.333181,63715260
Total OI7,9787,1038,7638,7638,158

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-06-01$81.12$84.004.4%1.2%4.0%0.0%4.9%-0.9%-0.3%-1.1M8.8M-59.7K0.1619.61131214,5994,164
2007-06-04$81.25$82.004.2%1.1%3.9%0.0%0.0%-0.4%-0.5%-709.9K4.7M-53.3K180.8915.6491,6284,5093,704
2007-06-05$80.99$82.004.4%1.2%3.9%0.0%4.3%0.6%-0.7%-1.5M7.2M-58.4K0.4137.52122504,5003,654
2007-06-06$81.03$82.004.0%1.1%3.9%0.0%0.0%0.1%-0.1%-1.1M-41.3K-57.7K1.9447.81931804,5662,874
2007-06-07$80.22$82.004.7%1.3%5.0%0.0%4.6%0.3%-0.8%-1.8M5.4M-59.2K10.8039.34555944,6132,874
2007-06-08$80.37$82.003.7%1.6%4.9%0.0%5.6%-0.2%-1.2%-1.7M5.1M-64.1K1.4664.741512214,6503,100
2007-06-11$80.16$80.005.0%1.5%4.9%0.0%5.4%1.0%-2.2%-1.7M6.1M-66.8K1.5233.68981494,7853,302
2007-06-12$79.59$79.004.7%1.1%5.3%0.0%4.8%0.6%-0.3%-1.8M13.6M-59.6K0.0871.86306254,8583,379
2007-06-13$79.85$80.005.1%1.6%5.6%0.0%6.0%0.7%-1.0%-1.1M7.1M-73.9K0.6838.51133915,0803,132
2007-06-14$79.87$80.005.5%1.6%5.6%0.0%5.4%1.2%-1.4%-1.0M6.8M-76.0K0.0820.13180155,2123,202
2007-06-15$80.22$80.004.9%1.4%6.0%0.0%4.8%0.8%-1.3%-702.5K2.3M-76.3K0.6916.831821255,3793,201
2007-06-18$80.18$80.004.8%1.4%5.9%0.0%4.8%0.8%-0.5%-319.3K2.5M-75.3K0.0317.2611544,0063,097
2007-06-19$80.57$80.003.4%1.0%6.3%0.0%4.3%1.5%-0.1%-220.8K1.0M-66.9K0.0515.72285144,1123,098
2007-06-20$80.31$80.005.0%1.4%6.3%0.0%4.9%0.7%-0.2%300.1K1.7M-85.1K35.2517.50207054,3383,101
2007-06-21$80.21$80.005.1%1.5%6.3%0.0%5.2%1.2%-0.6%-166.3K2.3M-88.7K0.3216.5647154,3483,561
2007-06-22$80.45$80.005.5%1.6%6.4%0.0%5.5%1.5%-0.5%-158.9K2.3M-82.2K1.1520.9485984,3703,566
2007-06-25$80.71$80.004.0%1.2%6.6%0.0%5.0%1.2%-0.7%-3.5K708.8K-82.4K0.0116.3614114,4203,659
2007-06-26$80.73$80.005.1%1.5%6.5%0.0%0.0%0.7%-0.6%39.4K413.3K-88.8K1.2517.028104,4563,660
2007-06-27$80.72$80.005.2%1.5%6.5%0.0%5.3%-0.3%-0.5%352.6K482.5K-73.3K0.0217.9512724,4633,670
2007-06-28$80.67$80.005.2%1.5%6.5%0.0%0.0%0.2%-0.4%265.0K1.7M-70.3K1.3814.8940554,4463,672
2007-06-29$81.09$80.005.1%1.5%6.2%0.0%5.1%0.0%-0.2%432.3K-5.0M-81.7K0.5017.9540204,4523,706