IGF Options History — December 2013

In December 2013, IGF traded between $37.64 and $38.94. ATM implied volatility averaged 10.7%. The 30-day expected move averaged 2.9%. IV traded below realized volatility by 0.2% (HV 20d: 10.9%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-12-31: Highest Volume — 2 contracts
  • 2013-12-11: Largest IV spike — 39.0% change
  • 2013-12-17: Largest Expected Move — 3.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.31$37.64$38.94$38.50$38.94
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV10.7%8.4%15.0%10.9%10.8%
Expected Move2.9%2.4%3.7%3.1%3.1%
HV 20d10.9%9.5%12.0%11.3%11.5%
HV 60d11.2%10.7%11.8%11.5%11.0%
Term Structure1.8%-1.4%4.7%-1.4%1.2%
Skew 25d5.4%0.8%8.3%5.2%0.8%
Skew 10d6.6%2.1%12.2%7.2%2.3%
Call IV 25d8.0%6.4%9.9%7.6%8.6%
Put IV 25d13.5%9.4%16.8%12.8%9.4%
Bid-Ask Spread %56.3329.1284.6184.3535.28
Gamma HHI1.001.001.001.001.00
Net GEX42301.1K9020
Net DEX-820-2.6K0-2.0K0
Net VEX-2-70-60
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950202
Total OI1.4290220

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-12-02$38.50$39.0010.9%3.1%11.3%0.0%0.0%5.2%-1.4%902-2.0K-60.0084.350020
2013-12-03$38.37$39.008.4%2.4%11.3%0.0%0.0%8.3%4.7%825-2.6K-70.0084.610020
2013-12-04$38.25$39.009.3%2.7%11.1%0.0%0.0%5.2%2.9%1.0K-929-30.0057.630020
2013-12-05$38.07$39.0010.8%3.1%10.5%0.0%0.0%6.0%-0.7%691-1.2K-40.0057.740020
2013-12-06$38.51$0.0010.2%2.6%9.6%0.0%0.0%5.1%2.7%534-2.2K-50.0077.910020
2013-12-09$38.51$0.0012.9%2.5%9.5%0.0%0.0%5.4%3.3%1.1K-2.3K-50.0069.920020
2013-12-10$38.41$0.0010.8%3.3%9.5%0.0%0.0%7.8%1.7%1.0K-1.9K-40.0075.480020
2013-12-11$37.85$0.0015.0%2.7%10.7%0.0%0.0%7.5%3.1%294-303-10.0064.880020
2013-12-12$37.82$0.009.3%2.7%10.2%0.0%0.0%7.3%2.6%376-491-10.0065.420020
2013-12-13$37.81$0.009.1%2.6%10.2%0.0%0.0%8.2%3.3%331-389-10.0055.830020
2013-12-16$38.19$0.0012.3%3.5%9.8%0.0%0.0%5.4%1.7%690-2.3K-30.0064.970020
2013-12-17$37.64$0.0013.0%3.7%10.8%0.0%0.0%6.9%1.3%283-242-10.0043.090020
2013-12-18$38.16$0.0011.8%3.4%12.0%0.0%0.0%7.0%1.8%577-358-10.0060.450020
2013-12-19$38.06$0.0011.5%3.3%11.5%0.0%0.0%7.0%1.9%68-1900.0047.420020
2013-12-20$38.21$0.0011.2%3.2%11.4%0.0%0.0%6.0%2.1%162-4800.0052.180020
2013-12-23$38.45$0.0011.4%3.3%11.6%0.0%0.0%4.0%0.7%0000.0034.520000
2013-12-24$38.56$0.008.7%2.5%11.6%0.0%0.0%2.3%1.5%0000.0039.990000
2013-12-26$38.65$0.009.6%2.8%11.7%0.0%0.0%2.6%0.3%0000.0042.870000
2013-12-27$38.73$0.009.5%2.7%11.7%0.0%0.0%2.8%1.0%0000.0029.120000
2013-12-30$38.73$0.008.8%2.5%11.7%0.0%0.0%3.8%1.7%0000.0039.260000
2013-12-31$38.94$0.0010.8%3.1%11.5%0.0%0.0%0.8%1.2%0000.0035.282000