IEF Options History — October 2015

In October 2015, IEF traded between $106.82 and $108.48. ATM implied volatility averaged 6.1%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 0.4% (HV 20d: 5.7%). Max pain ranged from $108.00 to $120.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 2.68.

Notable Days

  • 2015-10-26: Highest Volume — 40,830 contracts
  • 2015-10-12: Largest IV spike — 12.9% change
  • 2015-10-28: Highest IV Rank — 34.8%
  • 2015-10-01: Largest Expected Move — 1.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.76$106.82$108.48$107.90$106.99
Max Pain$113.45$108.00$120.00$108.00$120.00
ATM IV6.1%5.6%6.8%6.8%6.1%
Expected Move1.8%1.6%1.9%1.9%1.8%
HV 20d5.7%4.6%6.8%6.4%5.2%
HV 60d5.7%5.7%6.0%6.0%5.8%
IV Rank24.4%11.9%34.8%33.8%27.7%
IV Percentile26.4%7.9%52.4%52.4%28.2%
Term Structure0.3%-0.1%0.7%0.0%0.3%
VWIV6.3%5.8%6.8%6.8%6.2%
Skew 25d0.2%-0.4%0.7%0.5%0.2%
Skew 10d0.4%-2.0%3.2%3.2%2.1%
Call IV 25d6.2%5.3%6.6%6.5%6.1%
Put IV 25d6.4%5.9%7.0%7.0%6.4%
Bid-Ask Spread %97.0768.79116.75116.7598.15
Gamma HHI0.260.200.470.210.20
Net GEX68.9M13.0M164.9M53.2M16.0M
Net DEX-270.9M-388.4M-64.4M-323.6M-69.6M
Net VEX-1.9M-2.1M-1.7M-2.0M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.681.295.601.611.29
Total Volume25,131.90972940,83011,92329,922
Total OI157,605.682149,865177,657151,108169,594

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-10-01$107.90$108.006.8%1.9%6.4%33.8%6.8%0.5%0.0%53.2M-323.6M-2.0M1.61116.754,5667,35789,94661,162
2015-10-02$108.29$108.006.2%1.8%6.5%23.6%6.1%-0.4%0.3%75.3M-388.4M-1.9M1.3191.136,1197,99889,97761,181
2015-10-05$107.71$108.006.2%1.8%6.8%22.9%6.4%0.0%0.1%69.8M-324.8M-1.9M1.6075.6228044989,90661,879
2015-10-06$107.91$108.006.0%1.9%6.6%19.6%6.6%0.4%-0.1%89.9M-332.6M-1.8M1.4268.795,4137,71190,37762,263
2015-10-07$107.63$108.005.9%1.8%6.7%17.2%6.7%-0.2%0.1%74.0M-309.3M-1.8M1.3899.025,4467,50690,51562,273
2015-10-08$107.38$108.005.6%1.8%6.7%11.9%6.3%-0.4%0.5%75.1M-292.8M-1.8M1.6390.885,3368,68190,51462,279
2015-10-09$107.46$108.005.7%1.7%6.6%14.4%6.0%0.5%0.4%65.4M-280.0M-1.7M1.6290.575,3738,71090,63263,445
2015-10-12$107.75$108.006.5%1.8%6.6%28.0%6.4%0.2%0.1%89.7M-311.5M-1.7M1.6392.224,6477,59490,63063,478
2015-10-13$107.92$108.006.3%1.7%5.9%24.7%6.3%0.0%0.4%100.3M-334.5M-1.7M3.7991.634,62917,56190,64263,467
2015-10-14$108.48$108.006.0%1.7%6.0%19.5%6.7%-0.2%0.5%90.7M-374.4M-1.8M3.13101.815,54217,34290,59873,500
2015-10-15$108.10$108.006.0%1.7%5.7%18.9%6.8%0.2%0.5%108.2M-349.5M-1.8M5.44101.895,47529,78691,57873,543
2015-10-16$108.01$108.006.0%1.7%5.5%24.5%6.3%0.1%0.5%164.9M-319.6M-1.9M4.80100.296,64531,90391,60186,056
2015-10-19$108.00$120.006.0%1.7%5.0%26.2%6.3%0.3%0.3%61.3M-263.5M-1.9M5.60100.685,74332,15788,29361,572
2015-10-20$107.66$120.006.2%1.8%4.8%30.5%6.4%0.2%0.3%55.8M-221.6M-1.9M5.4595.745,73631,26488,48063,328
2015-10-21$107.96$120.005.9%1.7%4.8%21.5%6.1%0.1%0.6%59.2M-248.9M-1.9M3.6798.465,80021,27788,47763,346
2015-10-22$108.05$120.005.7%1.6%4.8%18.1%5.8%0.7%0.7%59.9M-262.7M-1.8M3.67104.755,79521,24588,51963,349
2015-10-23$107.50$120.006.1%1.7%5.1%26.9%6.1%0.3%0.3%52.1M-199.9M-1.9M1.8099.2611,80921,23088,52263,351
2015-10-26$107.75$120.006.1%1.7%4.7%26.6%6.3%-0.1%0.4%61.6M-248.9M-2.0M2.45102.7011,84928,98194,58163,320
2015-10-27$108.00$120.006.3%1.8%4.6%32.4%6.3%0.2%0.2%43.5M-259.0M-2.0M2.44100.7611,85028,96694,61371,164
2015-10-28$107.44$120.006.4%1.8%5.0%34.8%6.4%0.7%0.1%37.5M-180.3M-2.0M1.87116.5513,04624,37994,60771,163
2015-10-29$106.82$120.006.3%1.8%5.4%32.9%6.0%0.5%0.3%13.0M-64.4M-2.1M1.3197.8812,88916,89593,87975,725
2015-10-30$106.99$120.006.1%1.8%5.2%27.7%6.2%0.2%0.3%16.0M-69.6M-2.1M1.2998.1513,03816,88493,87475,720