IGF Options History — March 2014

In March 2014, IGF traded between $39.92 and $41.65. ATM implied volatility averaged 36.5%, placing in the 40.9% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 26.3% (HV 20d: 10.2%). Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-26: Highest Volume — 10 contracts
  • 2014-03-06: Largest IV spike — 734.2% change
  • 2014-03-06: Highest IV Rank — 91.9%
  • 2014-03-06: Largest Expected Move — 21.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.73$39.92$41.65$39.92$41.65
ATM IV36.5%7.8%73.3%13.6%38.1%
Expected Move10.6%2.5%21.0%3.9%10.9%
HV 20d10.2%9.1%11.0%10.6%10.5%
HV 60d11.2%10.8%11.8%11.4%10.8%
IV Rank40.9%1.1%91.9%9.0%43.0%
IV Percentile72.7%1.5%99.2%73.2%91.2%
Term Structure-11.1%-29.4%14.8%-0.2%-7.3%
Skew 25d25.3%2.3%68.8%5.4%68.8%
Skew 10d37.4%2.7%92.9%3.7%92.9%
Call IV 25d26.5%7.7%80.1%10.0%15.3%
Put IV 25d51.8%12.0%103.9%15.4%84.1%
Bid-Ask Spread %121.2454.92180.0866.85155.32
Gamma HHI1.001.001.001.001.00
Net GEX16901.2K01.2K
Net DEX-3.2K-24.8K00-24.8K
Net VEX-18-13400-134
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.52401000
Total OI1.476011011

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-03-03$39.92$0.0013.6%3.9%10.6%9.0%0.0%5.4%-0.2%0000.0066.850000
2014-03-04$40.53$0.009.3%2.7%10.4%3.1%0.0%2.3%1.0%0000.0061.110000
2014-03-05$40.59$0.008.8%2.5%10.3%2.4%0.0%2.9%1.1%0000.0056.850000
2014-03-06$40.91$0.0073.3%21.0%10.1%91.9%0.0%23.8%-29.4%0000.00180.080000
2014-03-07$40.76$0.0010.2%3.2%9.7%4.3%0.0%6.6%2.4%0000.0059.480000
2014-03-10$40.52$0.007.8%3.1%9.6%1.1%0.0%6.5%2.8%0000.0054.920000
2014-03-11$40.40$0.0012.0%3.8%9.6%6.9%0.0%5.5%1.9%0000.0058.490000
2014-03-12$40.60$0.008.8%3.3%9.2%2.4%0.0%6.0%14.8%0000.0057.930000
2014-03-13$40.28$0.0014.5%4.2%9.8%10.4%0.0%6.3%1.1%0000.0060.060000
2014-03-14$40.41$0.0023.8%6.8%9.1%23.2%0.0%6.5%-2.4%0000.00139.390000
2014-03-17$40.90$0.0051.1%14.6%9.7%61.1%0.0%16.7%-23.8%0000.00159.730000
2014-03-18$41.01$0.0051.8%14.9%9.7%62.1%0.0%17.4%-24.2%0000.00158.880000
2014-03-19$40.58$0.0052.8%15.1%10.5%63.5%0.0%56.9%-26.1%0000.00161.660000
2014-03-20$40.50$0.0054.4%15.6%10.5%65.7%0.0%16.2%-24.6%0000.00162.120000
2014-03-21$40.51$0.0053.6%15.4%10.4%64.5%0.0%15.8%-29.1%0000.00161.750000
2014-03-24$40.64$0.0054.2%15.5%10.4%65.4%0.0%16.2%-17.2%0000.00160.950000
2014-03-25$41.03$0.0055.0%15.8%10.9%66.6%0.0%64.7%-17.2%0000.00159.120000
2014-03-26$40.94$0.0056.2%16.1%10.8%68.2%0.0%60.1%-18.1%0000.00156.5410000
2014-03-27$41.23$0.0057.2%16.4%10.9%69.6%0.0%61.7%-18.3%1.2K-21.0K-1230.00157.7900100
2014-03-28$41.47$0.0060.1%17.2%11.0%73.6%0.0%65.3%-19.9%1.1K-22.0K-1220.00157.1210100
2014-03-31$41.65$0.0038.1%10.9%10.5%43.0%0.0%68.8%-7.3%1.2K-24.8K-1340.00155.3200110