IGF Options History — September 2014

In September 2014, IGF traded between $42.23 and $44.86. ATM implied volatility averaged 10.5%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 1.7% (HV 20d: 8.9%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-09-16: Highest Volume — 22 contracts
  • 2014-09-03: Largest IV spike — 49.3% change
  • 2014-09-29: Highest IV Rank — 4.3%
  • 2014-09-30: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.49$42.23$44.86$44.31$42.43
Max Pain$44.00$44.00$44.00$44.00$44.00
ATM IV10.5%6.8%12.7%6.8%10.1%
Expected Move3.9%3.5%5.8%3.8%5.8%
HV 20d8.9%5.8%11.1%9.4%11.1%
HV 60d10.1%9.7%10.6%9.7%10.5%
IV Rank2.9%0.5%4.3%0.5%2.6%
IV Percentile34.7%4.0%57.5%4.0%31.7%
Term Structure1.8%0.1%6.5%6.5%2.5%
VWIV13.6%13.3%13.9%13.3%13.9%
Skew 25d2.7%0.7%6.2%2.5%1.4%
Skew 10d3.0%1.6%5.6%2.1%3.6%
Call IV 25d9.2%6.6%10.5%8.4%10.5%
Put IV 25d11.9%9.4%14.7%10.9%11.9%
Bid-Ask Spread %77.6759.95176.6659.95176.66
Gamma HHI0.610.370.870.860.40
Net GEX67.5K-3.6K163.8K58.6K-614
Net DEX-397.3K-810.1K58.8K-702.3K45.5K
Net VEX-446-733-276-329-310
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.38102201
Total OI165.4765424319154

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-09-02$44.31$0.006.8%3.8%9.4%0.5%0.0%2.5%6.5%58.6K-702.3K-3290.0059.950017912
2014-09-03$44.49$0.0010.2%3.8%6.7%2.7%0.0%1.6%0.9%51.2K-712.4K-3270.0062.2920017912
2014-09-04$44.47$0.0010.2%3.8%6.3%2.6%13.3%1.6%1.2%65.2K-766.3K-3790.0064.1601019912
2014-09-05$44.86$44.008.9%3.6%5.8%1.8%0.0%4.6%3.0%41.2K-810.1K-3650.0062.970019922
2014-09-08$44.38$44.0011.5%3.9%7.1%3.5%0.0%4.0%1.3%66.8K-717.7K-4940.0064.640019522
2014-09-09$44.06$44.0011.0%3.8%7.5%3.2%0.0%2.8%1.0%103.4K-693.4K-4720.0065.300019522
2014-09-10$43.95$44.0011.6%3.7%7.6%3.6%13.9%3.9%2.7%92.5K-634.3K-5520.0067.6201019522
2014-09-11$43.92$44.0011.8%3.8%7.6%3.7%0.0%6.2%0.7%93.9K-608.2K-6770.0066.621019532
2014-09-12$43.43$44.0012.7%4.0%8.6%4.2%0.0%4.4%1.4%119.9K-475.8K-7330.0067.440019532
2014-09-15$43.25$44.0012.6%3.9%8.5%4.2%0.0%4.6%1.1%134.1K-422.3K-6540.0072.285019532
2014-09-16$43.67$44.0010.7%3.7%9.2%3.0%0.0%2.2%2.0%118.3K-541.9K-5490.0068.2822019032
2014-09-17$43.39$44.0011.3%3.9%9.3%3.4%0.0%3.3%2.3%153.3K-487.0K-6280.0074.010021132
2014-09-18$43.54$44.009.7%3.5%9.4%2.4%0.0%0.7%2.3%155.6K-554.6K-5480.0074.870021132
2014-09-19$43.50$44.009.9%3.7%9.3%2.5%0.0%2.8%2.7%163.8K-547.2K-4920.0076.630021132
2014-09-22$43.06$44.0010.3%3.7%9.9%2.8%0.0%1.0%0.4%4.8K32.9K-3370.0080.94002232
2014-09-23$42.64$44.009.1%3.6%10.0%2.0%0.0%1.1%2.0%75845.6K-3180.0083.91202232
2014-09-24$42.79$44.008.5%3.6%10.1%1.6%0.0%1.3%1.8%1.9K41.9K-3250.0083.87002232
2014-09-25$42.23$44.0012.2%3.9%10.6%3.9%0.0%2.5%0.1%-3.6K58.8K-2820.0087.71002232
2014-09-26$42.53$44.009.6%3.7%11.1%2.3%0.0%1.6%1.1%-45349.8K-3090.0084.25002232
2014-09-29$42.35$44.0012.7%4.0%11.0%4.3%0.0%2.8%0.7%-3.4K56.2K-2760.0086.61002232
2014-09-30$42.43$44.0010.1%5.8%11.1%2.6%0.0%1.4%2.5%-61445.5K-3100.00176.66012232