IGF Options History — February 2014

In February 2014, IGF traded between $37.99 and $40.25. ATM implied volatility averaged 12.7%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded below realized volatility by 0.0% (HV 20d: 12.8%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 16 of 19 days.

Notable Days

  • 2014-02-07: Largest IV drop — 25.6% change
  • 2014-02-28: Highest IV Rank — 6.7%
  • 2014-02-03: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.47$37.99$40.25$37.99$40.20
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV12.7%10.4%18.6%18.6%11.9%
Expected Move3.8%3.2%5.3%5.3%3.4%
HV 20d12.8%10.2%13.9%12.1%10.2%
HV 60d11.5%11.1%11.7%11.7%11.3%
IV Rank6.7%6.7%6.7%6.7%6.7%
IV Percentile53.2%53.2%53.2%53.2%53.2%
Term Structure0.3%-0.9%1.3%-0.9%0.7%
Skew 25d5.4%-0.4%9.2%6.8%3.5%
Skew 10d4.7%-0.1%13.8%13.8%3.8%
Call IV 25d9.4%6.9%15.9%15.9%6.9%
Put IV 25d14.8%10.1%22.8%22.8%10.4%
Bid-Ask Spread %75.0258.4887.2058.4874.41
Gamma HHI1.001.001.001.001.00
Net GEX70.3K0173.7K68.0K0
Net DEX-404.3K-874.4K0-180.5K0
Net VEX-283-6740-5460
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI160.63202182180

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-02-03$37.99$39.0018.6%5.3%12.1%0.0%0.0%6.8%-0.9%68.0K-180.5K-5460.0058.48002180
2014-02-04$38.20$39.0016.4%4.7%12.2%0.0%0.0%5.9%-0.1%89.0K-210.5K-6090.0073.85002180
2014-02-05$38.03$39.0016.4%4.7%12.1%0.0%0.0%8.1%0.6%78.3K-169.9K-5040.0087.20002180
2014-02-06$38.55$39.0014.0%4.0%13.0%0.0%0.0%3.6%0.1%110.9K-313.9K-6550.0085.09002180
2014-02-07$38.99$0.0010.4%3.8%13.6%0.0%0.0%9.2%0.2%173.7K-391.8K-6740.0064.09002180
2014-02-10$38.88$0.0011.8%3.8%13.1%0.0%0.0%4.9%0.3%157.7K-398.7K-6120.0074.80002180
2014-02-11$39.28$0.0011.1%3.7%13.4%0.0%0.0%5.0%0.4%142.1K-537.2K-5570.0080.67002180
2014-02-12$39.28$0.0011.6%3.7%13.3%0.0%0.0%5.1%0.3%173.0K-547.9K-5330.0080.18002180
2014-02-13$39.71$0.0011.2%3.2%13.8%0.0%0.0%6.2%0.6%115.2K-735.0K-3110.0071.45002180
2014-02-14$39.99$0.0012.0%3.4%13.9%0.0%0.0%5.6%0.5%58.7K-827.0K-1480.0073.21002180
2014-02-18$40.01$0.0011.6%3.3%13.9%0.0%0.0%6.1%0.8%53.2K-834.7K-780.0079.94002180
2014-02-19$39.86$0.0013.1%3.7%13.8%0.0%0.0%6.5%-0.4%80.6K-804.1K-1090.0070.51002180
2014-02-20$40.00$0.0012.3%3.5%13.8%0.0%0.0%6.0%0.1%33.2K-855.2K-310.0082.77002180
2014-02-21$40.13$0.0012.1%3.5%13.8%0.0%0.0%6.9%0.2%1.8K-874.4K-10.0082.70002180
2014-02-24$40.24$0.0011.6%3.3%11.7%0.0%0.0%-0.4%1.3%0000.0072.000000
2014-02-25$40.25$0.0012.0%3.4%11.7%0.0%0.0%5.7%0.7%0000.0069.900000
2014-02-26$40.05$0.0011.9%3.4%12.0%0.0%0.0%5.0%0.4%0000.0067.850000
2014-02-27$40.25$0.0011.8%3.4%11.0%0.0%0.0%3.2%0.8%0000.0076.200000
2014-02-28$40.20$0.0011.9%3.4%10.2%6.7%0.0%3.5%0.7%0000.0074.410000