IGF Options History — February 2015

In February 2015, IGF traded between $41.68 and $43.11. ATM implied volatility averaged 15.1%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 1.1% (HV 20d: 16.2%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 8 of 19 days.

Notable Days

  • 2015-02-03: Highest Volume — 31 contracts
  • 2015-02-23: Largest IV spike — 55.1% change
  • 2015-02-09: Highest IV Rank — 9.5%
  • 2015-02-23: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.35$41.68$43.11$42.76$42.27
ATM IV15.1%11.5%20.9%15.7%14.7%
Expected Move4.0%3.3%5.1%4.5%4.2%
HV 20d16.2%12.1%17.7%15.0%17.0%
HV 60d14.5%13.2%15.1%13.2%15.1%
IV Rank5.8%3.5%9.5%6.2%5.5%
IV Percentile48.8%25.0%67.1%55.6%49.6%
Term Structure-1.1%-5.9%2.2%-0.9%-3.3%
Skew 25d4.7%-3.6%9.6%4.0%6.3%
Skew 10d5.3%2.1%11.4%7.6%3.4%
Call IV 25d12.7%8.6%16.1%16.1%10.7%
Put IV 25d17.4%11.0%20.1%20.1%17.0%
Bid-Ask Spread %133.76111.98153.41149.95145.50
Gamma HHI0.330.320.340.330.34
Net GEX-8.5K-10.0K-7.0K-8.0K-9.2K
Net DEX72.4K59.4K80.2K68.4K79.7K
Net VEX-186-217-146-211-146
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume26.105031031
Total OI3131313131

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-02-02$42.76$0.0015.7%4.5%15.0%6.2%0.0%4.0%-0.9%-8.0K68.4K-2110.00149.9500031
2015-02-03$43.11$0.0015.8%4.5%12.1%6.2%0.0%5.8%-1.2%-8.1K62.6K-2170.00133.06031031
2015-02-04$42.48$0.0017.5%5.0%13.2%7.3%0.0%5.3%-5.4%-7.9K70.9K-2120.00153.41031031
2015-02-05$42.97$0.0017.0%3.6%13.4%7.0%0.0%5.2%-0.4%-9.3K59.4K-1950.00111.98031031
2015-02-06$42.09$0.0017.5%4.1%15.3%7.3%0.0%3.1%0.0%-7.5K73.6K-2030.00127.99031031
2015-02-09$41.68$0.0020.9%4.0%15.7%9.5%0.0%7.2%-0.3%-7.0K80.1K-1890.00125.49031031
2015-02-10$42.32$0.0020.5%3.7%16.4%9.2%0.0%7.7%0.5%-7.8K75.7K-1990.00120.35031031
2015-02-11$41.82$0.0014.4%4.1%17.0%5.3%0.0%3.9%-0.7%-7.6K78.7K-1920.00123.34031031
2015-02-12$42.43$0.0012.6%3.6%17.7%4.2%0.0%6.3%2.2%-8.0K72.2K-1970.00126.73031031
2015-02-13$42.31$0.0013.3%3.8%17.7%4.6%0.0%3.6%0.3%-8.3K74.9K-1900.00126.16031031
2015-02-17$42.30$0.0013.1%3.7%17.2%4.5%0.0%6.5%1.1%-8.4K71.9K-1840.00128.96031031
2015-02-18$42.46$0.0012.5%3.6%17.2%4.1%0.0%9.6%0.7%-9.1K67.7K-1840.00130.32031031
2015-02-19$42.14$0.0012.2%3.5%17.2%3.9%0.0%4.9%0.1%-8.5K74.2K-1750.00134.6600031
2015-02-20$42.30$0.0011.5%3.3%17.2%3.5%0.0%1.9%0.8%-9.0K72.4K-1720.00136.1000031
2015-02-23$42.20$0.0017.8%5.1%17.1%7.5%0.0%1.5%-5.9%-10.0K73.4K-1600.00138.11031031
2015-02-24$42.59$0.0011.6%3.3%17.1%3.5%0.0%6.0%-0.2%-9.6K67.7K-1750.00138.69031031
2015-02-25$42.46$0.0013.7%3.9%17.1%4.9%0.0%4.9%-3.6%-9.0K72.5K-1700.00151.56031031
2015-02-26$41.99$0.0015.4%4.4%17.1%6.0%0.0%-3.6%-5.4%-8.6K80.2K-1540.00139.09031031
2015-02-27$42.27$0.0014.7%4.2%17.0%5.5%0.0%6.3%-3.3%-9.2K79.7K-1460.00145.50031031