IGF Options History — July 2014

In July 2014, IGF traded between $43.18 and $44.67. ATM implied volatility averaged 7.8%, placing in the 1.1% IV rank vs the trailing year. The 30-day expected move averaged 2.3%. IV traded below realized volatility by 1.0% (HV 20d: 8.7%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-07-31: Highest Volume — 5 contracts
  • 2014-07-10: Largest IV spike — 37.1% change
  • 2014-07-31: Highest IV Rank — 3.0%
  • 2014-07-31: Largest Expected Move — 3.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.08$43.18$44.67$44.46$43.18
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV7.8%6.0%10.8%6.9%10.8%
Expected Move2.3%1.8%3.1%2.0%3.1%
HV 20d8.7%7.5%10.6%9.6%10.6%
HV 60d7.8%7.2%9.1%7.8%9.1%
IV Rank1.1%0.0%3.0%0.4%3.0%
IV Percentile6.0%0.0%30.2%0.5%30.2%
Term Structure1.4%-0.3%3.6%1.0%-0.3%
VWIV34.2%34.2%34.2%34.2%34.2%
Skew 25d1.9%0.6%3.1%1.1%2.0%
Skew 10d1.4%-0.2%3.1%1.3%1.0%
Call IV 25d6.8%5.5%8.8%7.2%8.8%
Put IV 25d8.7%6.8%10.8%8.2%10.8%
Bid-Ask Spread %144.10135.97160.32140.22160.32
Gamma HHI0.860.840.900.870.90
Net GEX-1.5K-2.2K-1.2K-1.4K-2.1K
Net DEX4.2K24610.0K24610.0K
Net VEX-55-72-22-48-72
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2730505
Total OI13.54513141314

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-07-01$44.46$0.006.9%2.0%9.6%0.4%0.0%1.1%1.0%-1.4K246-480.00140.2200112
2014-07-02$44.37$0.007.0%2.0%9.5%0.4%0.0%0.9%0.8%-1.3K908-520.00139.8700112
2014-07-03$44.26$0.006.3%1.8%8.8%0.0%0.0%1.0%1.1%-1.4K926-520.00140.5400112
2014-07-07$43.97$0.007.4%2.1%8.9%0.7%0.0%0.7%1.9%-1.6K2.3K-640.00145.2500112
2014-07-08$43.81$0.006.9%2.4%9.0%0.4%0.0%3.1%1.3%-1.7K3.8K-700.00135.9700112
2014-07-09$43.89$0.006.0%2.2%9.0%0.0%0.0%2.6%1.5%-1.7K3.0K-640.00135.9900112
2014-07-10$43.71$0.008.2%2.4%8.7%1.4%0.0%2.2%1.3%-2.2K4.5K-710.00138.0200112
2014-07-11$43.77$0.007.8%2.3%8.7%1.2%0.0%2.5%1.8%-1.7K3.8K-700.00139.9700112
2014-07-14$43.86$0.007.7%2.2%8.6%1.1%0.0%0.6%1.8%-1.7K2.7K-620.00146.5000112
2014-07-15$43.80$0.007.4%2.1%7.9%0.9%34.2%2.5%2.1%-1.7K3.0K-620.00136.1201112
2014-07-16$44.19$47.007.9%2.3%8.6%1.2%0.0%1.8%1.8%-1.4K5.5K-490.00145.7900113
2014-07-17$43.74$47.008.6%2.5%8.6%1.7%0.0%2.2%1.4%-1.8K8.7K-680.00142.5000113
2014-07-18$44.13$47.008.1%2.3%9.2%1.4%0.0%2.2%1.4%-1.4K5.7K-550.00144.0000113
2014-07-21$44.16$47.008.4%2.4%9.3%1.5%0.0%1.7%1.2%-1.5K6.2K-540.00141.5200113
2014-07-22$44.38$47.008.4%2.4%9.4%1.5%0.0%2.5%0.9%-1.3K5.0K-480.00149.5700113
2014-07-23$44.45$47.008.4%2.4%7.5%1.5%0.0%2.7%1.1%-1.4K4.1K-370.00143.5100113
2014-07-24$44.67$47.006.6%1.9%7.6%0.4%0.0%1.5%2.7%-1.4K1.9K-220.00155.0300113
2014-07-25$44.30$47.007.6%2.2%8.1%1.0%0.0%1.4%2.1%-1.3K5.4K-470.00151.2000113
2014-07-28$44.46$47.007.9%2.3%8.2%1.2%0.0%3.1%3.6%-1.2K4.7K-460.00144.9400113
2014-07-29$44.30$47.008.7%2.5%8.2%1.7%0.0%1.9%0.3%-1.2K3.9K-360.00148.9700113
2014-07-30$43.97$47.008.2%2.4%8.6%1.4%0.0%1.0%0.7%-1.5K6.1K-510.00144.4800113
2014-07-31$43.18$47.0010.8%3.1%10.6%3.0%0.0%2.0%-0.3%-2.1K10.0K-720.00160.3250113