IGF Options History — November 2015

In November 2015, IGF traded between $37.39 and $39.69. ATM implied volatility averaged 18.2%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 6.0% (HV 20d: 12.3%). Max pain ranged from $36.00 to $36.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2015-11-10: Highest Volume — 49 contracts
  • 2015-11-27: Largest IV spike — 65.6% change
  • 2015-11-27: Highest IV Rank — 36.4%
  • 2015-11-03: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.20$37.39$39.69$39.51$37.72
Max Pain$36.00$36.00$36.00$36.00$36.00
ATM IV18.2%12.4%28.0%25.8%16.3%
Expected Move4.7%3.5%8.0%7.4%4.7%
HV 20d12.3%10.0%13.5%10.0%12.9%
HV 60d17.1%14.8%18.5%18.1%14.8%
IV Rank17.5%8.3%36.4%27.4%15.3%
IV Percentile51.5%9.5%96.8%92.1%45.2%
Term Structure-1.5%-9.0%3.5%3.5%-4.4%
VWIV40.8%14.8%58.0%49.5%58.0%
Skew 25d3.0%-4.2%10.2%7.8%2.7%
Skew 10d1.2%-15.7%16.2%10.0%-2.4%
Call IV 25d15.4%12.4%25.5%16.0%20.0%
Put IV 25d18.4%12.3%26.4%23.7%22.7%
Bid-Ask Spread %172.61149.82192.90167.73191.98
Gamma HHI0.460.330.910.330.51
Net GEX11.9K2.3K20.2K7.7K5.5K
Net DEX-195.7K-302.5K-7.1K-302.5K-63.9K
Net VEX-143-248-39-150-86
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume32.5049420
Total OI69.411938631

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-11-02$39.51$36.0025.8%7.4%10.0%27.4%49.5%7.8%3.5%7.7K-302.5K-1500.00167.73420860
2015-11-03$39.69$36.0028.0%8.0%10.1%30.8%50.3%10.2%-0.2%9.4K-267.0K-2480.00166.44420860
2015-11-04$39.25$36.0019.9%5.7%10.4%18.5%56.2%1.9%-9.0%9.6K-296.7K-1370.00155.26420860
2015-11-05$39.12$0.0018.8%3.6%10.0%16.8%0.0%3.8%1.2%11.7K-283.6K-1740.00149.82420860
2015-11-06$38.36$0.0027.9%3.5%12.0%30.8%0.0%-0.7%2.2%14.0K-232.9K-2360.00185.4900860
2015-11-09$37.91$0.0018.5%3.6%12.5%16.3%0.0%0.7%-1.5%17.3K-228.1K-2080.00184.5780860
2015-11-10$37.92$0.0019.9%3.8%12.4%21.9%0.0%5.3%0.6%18.2K-248.1K-2140.00174.86490930
2015-11-11$38.13$0.0019.1%5.5%12.2%20.5%0.0%4.2%-3.4%17.5K-266.4K-1930.00150.97490930
2015-11-12$37.59$0.0015.2%4.3%11.8%13.3%0.0%2.2%-1.5%17.6K-209.0K-2000.00167.75490860
2015-11-13$37.39$0.0015.8%4.5%11.6%14.5%0.0%0.2%-0.6%16.5K-193.3K-1870.00172.69490860
2015-11-16$37.92$0.0012.8%3.7%13.1%9.0%0.0%4.5%-1.0%18.7K-243.4K-1120.00179.7600860
2015-11-17$37.78$0.0012.4%3.6%12.9%8.3%0.0%5.1%0.6%20.2K-240.3K-1200.00165.09490860
2015-11-18$38.04$0.0013.3%3.8%13.4%10.0%0.0%5.1%1.6%17.2K-265.9K-890.00175.83490860
2015-11-19$38.31$0.0014.1%4.0%13.5%11.3%0.0%1.9%-0.2%15.7K-245.7K-960.00179.62490860
2015-11-20$38.22$0.0012.4%3.6%13.5%8.3%0.0%1.9%0.5%2.7K-104.5K-560.00184.62490350
2015-11-23$37.85$0.0014.8%4.2%13.5%12.6%14.8%2.4%-4.1%2.3K-7.1K-390.00192.90200110
2015-11-24$37.85$36.0014.8%4.2%13.3%12.6%0.0%3.4%-3.0%5.5K-65.9K-1040.00181.4200310
2015-11-25$37.74$36.0016.9%4.8%13.3%16.4%16.2%1.4%-3.1%5.6K-78.8K-930.00157.77310310
2015-11-27$37.68$36.0028.0%8.0%13.2%36.4%58.0%-4.2%-7.4%4.5K-70.5K-1160.00167.56310310
2015-11-30$37.72$36.0016.3%4.7%12.9%15.3%0.0%2.7%-4.4%5.5K-63.9K-860.00191.9800310