IGF Options History — January 2014

In January 2014, IGF traded between $37.94 and $39.02. ATM implied volatility averaged 11.5%. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 0.6% (HV 20d: 10.9%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-01-07: Highest Volume — 217 contracts
  • 2014-01-13: Largest IV spike — 71.9% change
  • 2014-01-31: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.51$37.94$39.02$38.41$38.43
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV11.5%7.0%17.4%11.8%17.4%
Expected Move3.5%2.8%5.0%3.4%5.0%
HV 20d10.9%8.4%12.5%12.5%11.4%
HV 60d10.9%10.4%11.6%11.3%11.6%
Term Structure1.0%-1.0%2.7%1.2%-1.0%
VWIV9.5%7.2%11.7%11.7%9.7%
Skew 25d4.4%1.7%6.9%4.4%6.8%
Skew 10d4.2%2.7%8.7%2.7%5.5%
Call IV 25d9.0%6.8%12.5%7.1%12.5%
Put IV 25d13.4%9.7%19.3%11.5%19.3%
Bid-Ask Spread %87.5037.57136.8747.8570.48
Gamma HHI1.001.001.001.001.00
Net GEX77.0K689112.2K68989.2K
Net DEX-255.6K-457.0K-2.5K-2.8K-276.3K
Net VEX-759-1.1K-10-11-739
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume15.143021700
Total OI176.85722182218

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-01-02$38.41$0.0011.8%3.4%12.5%0.0%0.0%4.4%1.2%689-2.8K-110.0047.850020
2014-01-03$38.43$0.0011.2%3.2%12.5%0.0%0.0%4.2%0.9%715-2.8K-110.0037.570020
2014-01-06$38.31$39.0010.7%3.5%12.4%0.0%0.0%4.7%1.1%745-2.5K-100.0068.720020
2014-01-07$38.53$39.007.6%3.2%11.9%0.0%11.7%1.7%0.4%726-3.2K-110.00136.87217020
2014-01-08$38.36$39.008.4%3.4%12.0%0.0%7.2%2.4%1.0%84.5K-264.5K-1.1K0.00104.094002180
2014-01-09$38.26$39.008.6%3.3%12.0%0.0%9.7%3.5%1.3%82.3K-250.7K-1.0K0.00103.106102180
2014-01-10$38.67$39.007.0%2.8%11.3%0.0%0.0%2.9%2.0%98.4K-355.7K-1.1K0.0096.05002180
2014-01-13$38.48$39.0012.1%3.6%11.4%0.0%0.0%4.9%0.9%88.8K-303.9K-1.1K0.0091.31002180
2014-01-14$38.71$39.0010.1%3.0%11.6%0.0%0.0%3.5%2.1%98.3K-357.6K-1.1K0.00101.27002180
2014-01-15$38.67$39.0010.5%2.8%11.1%0.0%0.0%4.1%2.2%103.4K-362.5K-1.1K0.0097.55002180
2014-01-16$38.75$39.0010.1%2.9%9.6%0.0%0.0%3.7%2.1%102.3K-355.6K-1.1K0.0096.13002180
2014-01-17$38.69$39.009.8%2.8%8.4%0.0%0.0%3.3%2.7%105.8K-331.3K-1.0K0.0083.92002180
2014-01-21$38.97$39.0010.3%3.0%8.6%0.0%0.0%5.9%0.9%111.5K-423.4K-1.0K0.0095.98002180
2014-01-22$39.02$39.0010.4%3.0%8.6%0.0%0.0%5.1%1.3%112.2K-457.0K-9850.0089.29002180
2014-01-23$38.89$39.0010.9%3.1%8.5%0.0%0.0%4.8%1.3%109.0K-396.6K-9700.0097.83002180
2014-01-24$38.20$39.0014.9%4.3%10.7%0.0%0.0%5.1%-0.1%80.6K-254.7K-8350.0087.98002180
2014-01-27$38.20$39.0015.0%4.3%10.6%0.0%0.0%4.3%0.1%81.3K-225.7K-7190.0074.66002180
2014-01-28$38.34$39.0014.8%4.2%10.7%0.0%0.0%4.9%-0.3%94.1K-259.0K-7720.0080.82002180
2014-01-29$37.94$39.0015.4%4.4%11.3%0.0%0.0%6.9%-0.2%73.7K-189.4K-6230.0095.91002180
2014-01-30$38.50$39.0014.9%4.3%12.4%0.0%0.0%5.1%0.6%99.3K-293.5K-7690.0080.21002180
2014-01-31$38.43$39.0017.4%5.0%11.4%0.0%0.0%6.8%-1.0%89.2K-276.3K-7390.0070.48002180