IGF Options History — September 2015

In September 2015, IGF traded between $36.99 and $38.51. ATM implied volatility averaged 21.5%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 0.6% (HV 20d: 20.9%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2015-09-16: Highest Volume — 151 contracts
  • 2015-09-18: Largest IV spike — 26.8% change
  • 2015-09-04: Highest IV Rank — 30.6%
  • 2015-09-02: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.80$36.99$38.51$37.55$37.76
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV21.5%15.3%27.9%22.7%22.4%
Expected Move6.0%4.4%7.7%6.5%6.4%
HV 20d20.9%16.1%23.3%21.7%16.1%
HV 60d17.4%16.8%17.8%17.2%17.3%
IV Rank21.0%11.5%30.6%24.0%22.3%
IV Percentile81.9%47.6%97.2%90.1%86.5%
Term Structure-0.0%-11.6%6.7%-2.1%-7.0%
VWIV17.7%12.4%22.5%22.5%14.3%
Skew 25d7.3%1.4%16.4%7.5%16.4%
Skew 10d5.6%-1.0%14.5%4.2%8.0%
Call IV 25d18.7%12.9%23.8%22.7%16.2%
Put IV 25d26.0%20.1%33.1%30.1%32.6%
Bid-Ask Spread %118.09104.52145.12145.12117.78
Gamma HHI0.990.991.000.990.99
Net GEX32.6K19.6K86.6K21.3K29.5K
Net DEX-118.8K-316.6K-59.4K-90.1K-101.6K
Net VEX-302-601-89-244-294
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume85.381015127125
Total OI122.9059321793125

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-09-01$37.55$39.0022.7%6.5%21.7%24.0%22.5%7.5%-2.1%21.3K-90.1K-2440.00145.12270930
2015-09-02$37.86$39.0026.9%7.7%22.1%29.1%18.0%13.8%-11.6%24.4K-99.1K-2490.00122.91270930
2015-09-03$37.91$0.0024.5%5.6%22.1%25.5%0.0%5.7%4.9%24.9K-107.6K-2600.00109.69270930
2015-09-04$37.43$0.0027.9%6.5%22.3%30.6%0.0%1.4%-2.1%19.6K-73.1K-1960.00108.29270930
2015-09-08$38.11$0.0024.3%5.8%23.1%25.2%0.0%4.9%-2.3%32.7K-92.7K-1980.00115.3900930
2015-09-09$37.72$0.0020.8%6.0%23.1%19.8%0.0%1.9%4.6%29.0K-106.3K-2060.00104.52270930
2015-09-10$37.89$0.0020.5%5.9%22.7%19.3%0.0%8.3%4.6%25.6K-86.1K-1710.00108.07270930
2015-09-11$37.77$0.0018.4%5.3%22.7%16.2%0.0%6.8%6.7%25.1K-75.4K-1530.00113.81270930
2015-09-14$37.71$0.0019.2%5.5%22.4%17.4%0.0%6.2%5.4%28.4K-70.9K-1130.00115.09270930
2015-09-15$37.90$0.0018.6%5.3%22.5%16.5%15.5%6.7%-1.0%30.0K-61.9K-890.00113.301240930
2015-09-16$38.37$39.0018.1%5.2%23.2%15.7%17.8%7.7%5.0%74.9K-226.6K-5690.00113.9315102170
2015-09-17$38.51$39.0015.3%4.4%23.3%11.5%16.6%7.2%3.8%86.6K-316.6K-6010.00132.9115102170
2015-09-18$38.10$39.0019.5%5.6%22.8%17.8%17.1%6.5%4.8%32.9K-169.9K-4930.00115.4715102170
2015-09-21$38.27$39.0020.4%5.8%22.4%19.2%19.7%6.2%0.8%33.8K-173.2K-4750.00124.2412501250
2015-09-22$37.73$39.0019.3%5.5%18.3%17.6%12.4%10.6%-2.1%29.6K-122.0K-3940.00125.3012501250
2015-09-23$37.48$39.0021.0%6.0%18.5%20.1%21.0%7.9%0.3%27.4K-109.9K-3690.00115.4112501250
2015-09-24$37.59$39.0020.3%5.8%18.2%19.1%19.5%9.6%-3.6%27.3K-102.1K-3350.00123.3812501250
2015-09-25$37.78$39.0024.0%6.9%17.0%24.7%18.5%4.8%-7.4%30.3K-136.8K-4030.00117.5012501250
2015-09-28$37.34$39.0023.7%6.8%17.4%24.2%20.8%3.6%1.0%27.6K-114.5K-3240.00118.0712501250
2015-09-29$36.99$39.0024.1%6.9%17.6%24.9%13.7%8.7%-3.6%22.5K-59.4K-2100.00119.7112501250
2015-09-30$37.76$39.0022.4%6.4%16.1%22.3%14.3%16.4%-7.0%29.5K-101.6K-2940.00117.7812501250