IGF Options History — May 2014

In May 2014, IGF traded between $42.19 and $43.40. ATM implied volatility averaged 73.3%, placing in the 59.4% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 66.8% (HV 20d: 6.5%). Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-05-20: Highest Volume — 20 contracts
  • 2014-05-15: Largest IV drop — 71.4% change
  • 2014-05-05: Highest IV Rank — 100.0%
  • 2014-05-02: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.56$42.19$43.40$42.38$43.40
ATM IV73.3%46.8%163.9%71.1%59.2%
Expected Move14.5%10.0%21.1%20.4%17.0%
HV 20d6.5%5.5%7.6%7.4%6.4%
HV 60d8.4%7.7%9.1%9.1%7.7%
IV Rank59.4%25.4%100.0%88.8%33.3%
IV Percentile90.9%77.7%100.0%98.8%89.9%
Term Structure-9.8%-32.5%1.3%-30.1%-17.1%
Skew 25d19.7%-7.0%78.1%78.1%30.7%
Skew 10d19.9%-7.0%80.5%80.5%30.7%
Call IV 25d45.8%7.0%60.2%16.6%50.2%
Put IV 25d65.5%52.2%99.4%94.7%80.9%
Bid-Ask Spread %197.38186.31200.00194.81195.63
Gamma HHI0.610.501.001.000.52
Net GEX4.8K-1339.4K-1338.9K
Net DEX-105.6K-220.1K560560-220.1K
Net VEX-680-1.1K-238-238-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.333020100
Total OI65.9522310323103

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-05-01$42.38$0.0071.1%20.4%7.4%88.8%0.0%78.1%-30.1%-133560-2380.00194.811001112
2014-05-02$42.22$0.0073.6%21.1%7.6%92.3%0.0%65.0%-32.5%933-27.0K-3690.00194.021002112
2014-05-05$42.41$0.0082.0%11.9%7.6%100.0%0.0%5.5%-3.1%1.9K-45.8K-4740.00186.31003112
2014-05-06$42.37$0.0085.7%10.0%7.6%100.0%0.0%5.2%-6.9%2.4K-69.5K-4440.00200.001003112
2014-05-07$42.66$0.0061.9%12.0%7.6%69.7%0.0%10.1%-3.8%2.9K-76.1K-5500.00196.88004112
2014-05-08$42.48$0.0094.6%12.3%7.5%100.0%0.0%7.0%-7.2%3.3K-76.9K-5490.00199.60004112
2014-05-09$42.27$0.00102.2%12.5%6.6%100.0%0.0%4.6%1.2%3.0K-70.6K-5400.00200.00004112
2014-05-12$42.49$0.00126.9%12.9%6.5%100.0%0.0%6.6%1.3%3.8K-73.7K-5350.00199.60004112
2014-05-13$42.53$0.0097.9%12.9%6.5%75.8%0.0%7.0%-1.6%3.0K-74.7K-5330.00197.62004112
2014-05-14$42.44$0.00163.9%13.2%6.6%100.0%0.0%6.3%-1.4%3.3K-60.5K-4990.00198.84004112
2014-05-15$42.31$0.0046.8%13.4%5.5%25.4%0.0%5.3%0.9%3.2K-71.8K-5290.00198.811504112
2014-05-16$42.42$0.0047.2%13.5%5.5%25.6%0.0%-7.0%-12.8%3.8K-71.1K-5220.00198.42004612
2014-05-19$42.37$0.0049.5%14.2%5.6%27.1%0.0%6.2%-10.8%3.4K-75.2K-5290.00198.811004612
2014-05-20$42.19$0.0050.4%14.5%5.8%27.7%0.0%14.7%-2.7%6.0K-95.6K-6370.00198.022005512
2014-05-21$42.40$0.0051.1%14.6%5.9%28.1%0.0%16.8%-6.8%6.4K-151.2K-9140.00199.21007512
2014-05-22$42.62$0.0051.2%14.7%6.0%28.1%0.0%19.1%-6.8%9.4K-140.4K-8680.00199.211607512
2014-05-23$42.69$0.0053.6%15.4%6.0%29.7%0.0%13.4%-17.1%7.9K-189.2K-1.1K0.00196.88009112
2014-05-27$42.97$0.0055.9%16.0%6.2%31.1%0.0%67.0%-15.7%9.0K-206.7K-1.1K0.00197.86009112
2014-05-28$42.97$0.0057.0%16.4%6.2%31.9%0.0%24.9%-16.5%9.2K-206.7K-1.1K0.00197.86009112
2014-05-29$43.22$0.0058.1%16.6%6.4%32.5%0.0%28.1%-16.7%8.9K-214.5K-1.1K0.00196.67009112
2014-05-30$43.40$0.0059.2%17.0%6.4%33.3%0.0%30.7%-17.1%8.9K-220.1K-1.1K0.00195.63009112