IGF Options History — April 2015

In April 2015, IGF traded between $42.08 and $44.23. ATM implied volatility averaged 14.8%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 2.2% (HV 20d: 12.7%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days.

Notable Days

  • 2015-04-01: Highest Volume — 36 contracts
  • 2015-04-24: Largest IV spike — 43.7% change
  • 2015-04-01: Highest IV Rank — 8.3%
  • 2015-04-01: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.20$42.08$44.23$42.08$43.65
Max Pain$44.00$44.00$44.00$44.00$44.00
ATM IV14.8%10.7%19.2%19.2%17.1%
Expected Move4.0%3.1%5.5%5.5%4.9%
HV 20d12.7%8.1%18.6%18.5%8.9%
HV 60d15.3%14.8%15.6%15.6%14.8%
IV Rank5.6%3.0%8.3%8.3%7.0%
IV Percentile48.7%21.0%69.4%65.9%66.3%
Term Structure2.8%-5.7%23.8%-5.7%-3.9%
VWIV18.3%18.3%18.3%18.3%18.3%
Skew 25d3.3%0.9%6.7%0.9%3.2%
Skew 10d4.6%0.6%8.7%0.6%6.2%
Call IV 25d13.1%6.6%18.1%18.1%17.0%
Put IV 25d16.4%12.7%20.2%19.0%20.2%
Bid-Ask Spread %135.08126.89144.86133.64143.19
Gamma HHI0.660.291.000.291.00
Net GEX-6.5K-14.4K-110-10.4K-110
Net DEX37.2K52680.6K80.6K968
Net VEX-35-93-3-93-6
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume19.286036361
Total OI21136361

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-04-01$42.08$44.0019.2%5.5%18.5%8.3%18.3%0.9%-5.7%-10.4K80.6K-930.00133.64036036
2015-04-02$42.35$0.0017.8%3.6%18.6%7.5%0.0%4.8%23.8%-11.3K79.5K-850.00126.89036036
2015-04-06$42.72$0.0017.6%3.5%16.5%7.3%0.0%6.3%6.2%-11.6K68.9K-800.00135.68036036
2015-04-07$42.68$0.0018.0%3.4%16.5%7.6%0.0%2.1%6.2%-11.7K69.8K-760.00128.88036036
2015-04-08$42.94$0.0012.3%3.5%15.6%4.0%0.0%1.3%2.0%-12.0K63.0K-730.00140.2900036
2015-04-09$42.88$0.0011.0%3.2%15.6%3.2%0.0%3.6%8.6%-12.5K64.9K-630.00130.15036036
2015-04-10$42.94$0.0011.6%3.3%15.3%3.5%0.0%3.9%9.3%-12.5K63.2K-610.00135.06036036
2015-04-13$42.63$0.0013.4%3.8%15.0%4.7%0.0%2.9%8.5%-12.1K71.7K-440.00129.77036036
2015-04-14$42.95$0.0012.0%3.4%14.7%3.8%0.0%4.0%7.9%-13.0K62.7K-390.00136.66036036
2015-04-15$43.29$0.0011.8%3.4%14.8%3.7%0.0%4.5%6.0%-13.5K52.7K-330.00135.61036036
2015-04-16$43.31$0.0011.5%3.3%12.5%3.5%0.0%6.7%8.0%-14.4K52.1K-240.00127.58036036
2015-04-17$43.00$0.0012.5%3.6%11.6%4.2%0.0%3.7%7.1%-12644.2K-70.00133.41036036
2015-04-20$43.06$0.0014.0%4.0%9.3%5.1%0.0%3.9%-2.7%-1231.0K-60.00129.510101
2015-04-21$43.13$0.0017.2%4.9%9.3%7.1%0.0%2.7%-4.3%-1211.1K-70.00137.650101
2015-04-22$43.47$0.0016.1%4.6%9.4%6.4%0.0%1.1%-2.8%-1241.1K-70.00144.860101
2015-04-23$43.77$0.0010.7%3.1%9.2%3.0%0.0%4.1%1.4%-114966-60.00139.780101
2015-04-24$44.08$0.0015.4%4.4%8.7%5.9%0.0%2.7%-2.4%-167793-50.00141.150101
2015-04-27$44.04$0.0017.8%5.1%8.8%7.5%0.0%2.9%-5.2%-132633-50.00131.700101
2015-04-28$44.23$0.0017.4%5.0%8.8%7.3%0.0%2.7%-4.3%-206526-30.00134.910101
2015-04-29$44.04$0.0017.5%5.0%8.1%7.3%0.0%1.4%-4.3%-150840-50.00140.360101
2015-04-30$43.65$0.0017.1%4.9%8.9%7.0%0.0%3.2%-3.9%-110968-60.00143.190101