IGF Options History — May 2015

In May 2015, IGF traded between $42.92 and $44.15. ATM implied volatility averaged 17.2%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 5.7% (HV 20d: 11.4%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days.

Notable Days

  • 2015-05-01: Highest Volume — 1 contracts
  • 2015-05-13: Largest IV drop — 57.1% change
  • 2015-05-12: Highest IV Rank — 14.4%
  • 2015-05-26: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.55$42.92$44.15$43.86$43.17
ATM IV17.2%10.5%28.7%17.3%15.9%
Expected Move3.9%3.0%5.0%5.0%4.6%
HV 20d11.4%8.4%12.7%8.8%12.4%
HV 60d13.7%13.5%14.5%14.5%13.7%
IV Rank9.5%4.0%14.4%7.2%12.2%
IV Percentile60.0%20.6%85.7%67.1%65.1%
Term Structure4.9%-5.5%11.0%-5.5%-2.2%
Skew 25d2.4%-5.8%8.2%4.9%0.9%
Skew 10d4.6%-1.3%10.2%8.1%2.2%
Call IV 25d12.9%6.9%17.7%17.7%16.2%
Put IV 25d15.3%9.8%22.6%22.6%17.1%
Bid-Ask Spread %137.77106.42157.29140.82144.62
Gamma HHI1.001.001.001.001.00
Net GEX-130-142-110-142-141
Net DEX9605871.4K9851.1K
Net VEX-5-7-4-6-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.750111
Total OI11111

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-05-01$43.86$0.0017.3%5.0%8.8%7.2%0.0%4.9%-5.5%-142985-60.00140.820101
2015-05-04$43.99$0.0017.6%3.8%8.4%7.4%0.0%2.2%3.6%-125843-50.00132.770001
2015-05-05$43.38$0.0020.0%4.2%10.0%8.9%0.0%5.3%6.9%-1231.0K-60.00129.590101
2015-05-06$43.05$0.0024.1%4.0%10.2%11.5%0.0%4.9%3.8%-1321.1K-60.00106.420101
2015-05-07$42.92$0.0023.6%3.9%10.3%11.2%0.0%3.9%10.2%-1281.4K-70.00122.320101
2015-05-08$43.63$0.0019.4%3.3%11.8%8.5%0.0%2.6%4.7%-135906-60.00136.320001
2015-05-11$43.31$0.0026.8%3.6%11.8%13.2%0.0%1.8%3.6%-1401.0K-60.00130.950001
2015-05-12$43.21$0.0028.7%3.5%11.6%14.4%0.0%3.3%11.0%-117974-60.00131.700101
2015-05-13$43.24$0.0012.3%3.5%11.3%4.0%0.0%1.1%9.9%-1101.0K-50.00135.430101
2015-05-14$43.59$0.0012.3%3.5%11.6%4.0%0.0%2.0%7.9%-1291.0K-60.00130.910101
2015-05-15$44.15$0.0010.5%3.0%12.1%5.5%0.0%8.2%9.0%-123587-40.00134.750101
2015-05-18$43.99$0.0012.3%3.5%12.2%7.7%0.0%2.9%4.1%-128770-50.00154.360001
2015-05-19$43.80$0.0012.4%3.6%12.3%7.9%0.0%2.8%3.3%-132834-50.00157.290001
2015-05-20$43.86$0.0014.4%4.1%12.1%10.3%0.0%3.1%6.4%-129850-50.00137.990101
2015-05-21$44.05$0.0014.8%4.2%11.9%10.7%0.0%1.8%5.9%-135739-40.00142.380101
2015-05-22$43.81$0.0015.0%4.3%11.8%11.0%0.0%1.7%4.8%-128921-50.00144.300101
2015-05-26$43.26$0.0017.3%5.0%12.6%13.9%0.0%-5.8%5.8%-1351.2K-50.00140.490101
2015-05-27$43.51$0.0012.5%3.6%12.7%8.0%0.0%0.1%-0.8%-126981-50.00152.340101
2015-05-28$43.30$0.0016.2%4.6%12.7%12.5%0.0%1.0%4.9%-142926-50.00149.580101
2015-05-29$43.17$0.0015.9%4.6%12.4%12.2%0.0%0.9%-2.2%-1411.1K-50.00144.620101