IGF Options History — April 2014

In April 2014, IGF traded between $41.55 and $42.26. ATM implied volatility averaged 53.3%, placing in the 64.2% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 44.8% (HV 20d: 8.5%). Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2014-04-17: Highest Volume — 12 contracts
  • 2014-04-10: Largest IV drop — 12.8% change
  • 2014-04-30: Highest IV Rank — 86.1%
  • 2014-04-30: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.90$41.55$42.26$41.83$42.26
ATM IV53.3%40.5%69.1%40.5%69.1%
Expected Move14.8%7.3%19.8%11.6%19.8%
HV 20d8.5%7.4%9.5%9.4%7.4%
HV 60d10.4%9.1%10.9%10.8%9.1%
IV Rank64.2%46.3%86.1%46.3%86.1%
IV Percentile93.7%89.7%98.2%91.2%98.2%
Term Structure-16.8%-28.8%21.7%-7.1%-28.8%
Skew 25d26.9%7.8%61.6%17.9%61.6%
Skew 10d30.5%7.8%61.6%42.2%61.6%
Call IV 25d48.0%26.8%77.7%74.3%32.0%
Put IV 25d74.9%56.9%96.2%92.2%93.6%
Bid-Ask Spread %190.84157.49199.20158.17194.65
Gamma HHI1.001.001.001.001.00
Net GEX679-1681.5K1.2K-104
Net DEX-16.0K-26.6K2.4K-25.5K-5.4K
Net VEX-178-265-120-134-257
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.57101200
Total OI15.57111231123

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-04-01$41.83$0.0040.5%11.6%9.4%46.3%0.0%17.9%-7.1%1.2K-25.5K-1340.00158.1700110
2014-04-02$41.80$0.0041.6%11.9%9.4%48.0%0.0%18.2%-7.6%1.2K-25.3K-1340.00157.8400110
2014-04-03$41.79$0.0042.9%12.3%9.1%49.8%0.0%18.5%-8.0%1.5K-25.2K-1330.00157.4900110
2014-04-04$41.67$0.0044.3%7.3%9.1%51.7%0.0%8.0%21.7%1.2K-24.9K-1330.00197.4300110
2014-04-07$41.61$0.0049.6%13.0%8.7%59.0%0.0%7.8%-16.5%1.2K-24.7K-1320.00198.4600110
2014-04-08$41.87$0.0051.7%13.3%8.8%62.0%0.0%10.1%-17.4%1.2K-23.2K-1270.00196.6400110
2014-04-09$42.16$0.0054.1%13.3%8.9%65.2%0.0%12.8%-16.3%1.2K-26.6K-1300.00195.4100110
2014-04-10$41.71$0.0047.1%13.5%9.3%55.6%0.0%9.0%-17.7%1.1K-25.1K-1310.00195.9300110
2014-04-11$41.56$0.0047.9%13.7%9.5%56.6%0.0%7.8%-18.5%1.1K-22.9K-1280.00198.4600110
2014-04-14$41.59$0.0050.0%14.3%8.6%59.5%0.0%8.4%-21.1%1.1K-24.3K-1290.00199.2000110
2014-04-15$41.55$0.0050.8%14.6%8.6%60.6%0.0%8.1%-20.9%1.1K-24.4K-1280.00198.4200110
2014-04-16$42.03$0.0051.4%14.7%8.4%61.5%0.0%12.9%-17.8%1.1K-24.9K-1280.00195.8400110
2014-04-17$42.05$0.0052.2%15.0%8.3%62.6%0.0%13.3%-21.1%1.1K-22.9K-1200.00196.36012110
2014-04-21$42.09$0.0056.0%16.1%8.3%67.9%0.0%37.0%-19.3%-99-2.5K-2650.00196.07001112
2014-04-22$42.18$0.0057.7%16.6%8.2%70.3%0.0%50.0%-15.2%-1422.4K-2400.00195.67001112
2014-04-23$42.05$0.0058.4%16.7%7.9%71.2%0.0%49.7%-20.9%-1681.3K-2500.00195.84001112
2014-04-24$41.95$0.0059.7%17.1%7.9%73.0%0.0%49.8%-23.0%-106-3.6K-2640.00195.70001112
2014-04-25$41.88$0.0061.7%17.7%7.7%75.7%0.0%50.1%-24.6%-96-442-2590.00194.26001112
2014-04-28$42.07$0.0065.6%18.8%7.6%81.2%0.0%56.1%-26.5%-94-3.3K-2600.00195.63001112
2014-04-29$42.14$0.0068.0%19.5%7.4%84.5%0.0%58.4%-26.6%-94-3.7K-2600.00194.13001112
2014-04-30$42.26$0.0069.1%19.8%7.4%86.1%0.0%61.6%-28.8%-104-5.4K-2570.00194.65001112