IGF Options History — April 2018

In April 2018, IGF traded between $42.35 and $44.06. ATM implied volatility averaged 16.8%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 5.5% (HV 20d: 11.3%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.83.

Notable Days

2018-04-02: Highest Volume — 119 contracts
2018-04-19: Largest IV spike — 351.6% change
2018-04-19: Highest IV Rank — 26.6%
2018-04-19: Largest Expected Move — 16.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.31	$42.35	$44.06	$42.35	$43.72
Max Pain	$43.00	$43.00	$43.00	$43.00	$43.00
ATM IV	16.8%	12.6%	57.9%	16.5%	13.9%
Expected Move	4.6%	3.5%	16.6%	4.7%	4.0%
HV 20d	11.3%	8.7%	12.3%	11.9%	8.7%
HV 60d	14.3%	14.1%	14.4%	14.2%	14.2%
IV Rank	4.6%	2.4%	26.6%	4.4%	3.0%
IV Percentile	53.1%	28.2%	96.8%	73.0%	44.0%
Term Structure	-4.7%	-84.3%	1.2%	1.2%	-0.6%
VWIV	14.9%	10.3%	17.2%	17.2%	10.3%
Skew 25d	1.8%	-6.4%	5.4%	-6.4%	1.0%
Skew 10d	1.3%	-2.2%	6.5%	-1.5%	1.1%
Call IV 25d	14.5%	12.4%	18.9%	18.9%	14.5%
Put IV 25d	16.3%	12.4%	20.3%	12.4%	15.5%
Bid-Ask Spread %	140.93	126.25	174.87	127.64	145.55
Gamma HHI	0.60	0.42	0.79	0.65	0.42
Net GEX	-12.6K	-18.2K	-7.5K	-11.9K	-7.6K
Net DEX	112.6K	74.5K	169.5K	161.5K	85.1K
Net VEX	-700	-766	-624	-741	-633
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.83	2.40	4.50	2.40	4.50
Total Volume	104.619	67	119	119	77
Total OI	126.571	68	150	150	68

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-04-02	$42.35	$43.00	16.5%	4.7%	11.9%	4.4%	17.2%	-6.4%	1.2%	-11.9K	161.5K	-741	2.40	127.64	35	84	77	73
2018-04-03	$42.50	$43.00	19.7%	5.7%	11.6%	6.2%	17.2%	2.4%	-1.0%	-11.7K	161.5K	-751	2.40	133.74	35	84	77	73
2018-04-04	$42.78	$43.00	13.5%	3.9%	11.8%	2.8%	10.3%	-1.8%	-3.1%	-17.0K	169.5K	-721	2.40	126.25	35	84	77	73
2018-04-05	$43.06	$0.00	16.1%	3.5%	12.1%	4.2%	0.0%	4.8%	0.5%	-15.6K	136.2K	-765	2.40	135.83	35	84	77	73
2018-04-06	$42.79	$0.00	15.6%	3.5%	12.3%	3.9%	0.0%	2.9%	0.2%	-15.2K	134.9K	-766	2.40	132.83	35	84	77	73
2018-04-09	$43.18	$0.00	19.4%	4.1%	12.3%	6.0%	0.0%	4.8%	0.3%	-15.1K	125.3K	-758	2.40	135.77	35	84	77	73
2018-04-10	$43.35	$0.00	19.1%	4.1%	12.3%	5.8%	0.0%	5.4%	-0.2%	-15.2K	118.5K	-749	2.40	139.14	35	84	77	73
2018-04-11	$43.35	$0.00	14.0%	4.0%	12.3%	3.1%	0.0%	4.9%	0.1%	-14.9K	112.5K	-749	2.40	145.25	35	84	77	73
2018-04-12	$43.16	$0.00	12.6%	3.6%	12.3%	2.4%	0.0%	3.5%	0.3%	-16.4K	123.0K	-730	2.40	141.62	35	84	77	73
2018-04-13	$43.27	$0.00	13.5%	3.9%	11.7%	2.8%	0.0%	0.1%	-1.5%	-14.7K	120.0K	-730	2.40	148.23	35	84	77	73
2018-04-16	$43.64	$0.00	12.7%	3.6%	12.1%	2.4%	0.0%	2.2%	-1.1%	-14.4K	104.2K	-711	2.40	145.65	35	84	77	73
2018-04-17	$43.95	$0.00	12.7%	3.6%	11.9%	2.4%	0.0%	3.5%	-3.0%	-15.2K	83.6K	-694	2.40	131.51	35	84	77	73
2018-04-18	$44.06	$0.00	12.8%	3.7%	11.4%	2.5%	0.0%	1.0%	0.3%	-12.2K	74.5K	-692	2.40	145.70	35	84	77	73
2018-04-19	$43.74	$0.00	57.9%	16.6%	11.7%	26.6%	0.0%	3.0%	-84.3%	-18.2K	92.8K	-664	2.40	174.87	35	84	77	73
2018-04-20	$43.42	$0.00	14.4%	4.1%	11.0%	3.3%	0.0%	1.8%	-1.5%	-8.3K	76.9K	-662	2.40	144.87	35	84	77	73
2018-04-23	$43.34	$0.00	14.7%	4.2%	10.5%	3.5%	0.0%	2.5%	-1.1%	-8.0K	98.5K	-644	3.79	142.14	14	53	15	53
2018-04-24	$43.18	$0.00	14.0%	4.0%	9.7%	3.1%	0.0%	1.6%	-0.3%	-8.5K	93.5K	-640	3.79	139.38	14	53	15	53
2018-04-25	$43.21	$0.00	13.9%	4.0%	9.7%	3.0%	0.0%	2.2%	1.0%	-7.5K	108.3K	-624	3.79	141.81	14	53	15	53
2018-04-26	$43.57	$0.00	13.2%	3.8%	10.0%	2.7%	0.0%	-0.5%	-2.1%	-8.0K	96.7K	-634	3.79	140.79	14	53	15	53
2018-04-27	$43.81	$0.00	13.0%	3.7%	9.9%	2.6%	0.0%	0.3%	-1.8%	-8.9K	86.9K	-639	3.79	140.87	14	53	15	53
2018-04-30	$43.72	$0.00	13.9%	4.0%	8.7%	3.0%	0.0%	1.0%	-0.6%	-7.6K	85.1K	-633	4.50	145.55	14	63	15	53