IGF Options History — December 2018

In December 2018, IGF traded between $38.23 and $41.62. ATM implied volatility averaged 18.4%, placing in the 6.1% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 6.1% (HV 20d: 12.2%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 13 of 20 days.

Notable Days

  • 2018-12-24: Highest Volume — 3 contracts
  • 2018-12-19: Largest IV spike — 61.6% change
  • 2018-12-06: Highest IV Rank — 9.6%
  • 2018-12-19: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.33$38.23$41.62$41.55$39.33
Max Pain$41.00$41.00$41.00$41.00$41.00
ATM IV18.4%14.8%23.9%18.5%18.6%
Expected Move4.9%4.2%6.8%5.3%5.3%
HV 20d12.2%8.7%16.7%12.0%16.7%
HV 60d12.4%11.4%14.3%11.5%14.2%
IV Rank6.1%3.9%9.6%6.2%6.3%
IV Percentile70.8%46.8%92.5%75.4%75.4%
Term Structure16.9%-9.7%72.6%-6.4%72.4%
Skew 25d1.1%-6.3%6.8%-4.0%2.5%
Skew 10d0.6%-9.8%10.9%-2.1%2.8%
Call IV 25d17.2%15.1%28.5%15.5%19.6%
Put IV 25d18.4%11.5%22.1%11.5%22.1%
Bid-Ask Spread %139.59125.56168.31151.28140.61
Gamma HHI0.450.220.720.390.25
Net GEX-1.5K-8.5K2.2K2.1K582
Net DEX4.2K-14.7K28.8K-14.7K4.9K
Net VEX-76-104-57-59-71
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.550300
Total OI21.75934914

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$41.55$0.0018.5%5.3%12.0%6.2%0.0%-4.0%-6.4%2.1K-14.7K-590.00151.280090
2018-12-04$41.20$0.0018.4%5.3%11.7%6.2%0.0%2.9%-9.7%2.2K-13.5K-570.00148.220090
2018-12-05$41.16$0.0016.3%4.7%11.7%4.9%0.0%6.8%-1.9%2.2K-13.6K-580.00147.470090
2018-12-06$41.28$41.0023.9%4.6%10.3%9.6%0.0%2.5%-0.7%1.9K-12.1K-570.00129.880090
2018-12-07$41.30$41.0019.8%4.5%9.5%7.1%0.0%2.0%-0.4%2.0K-13.5K-580.00142.320090
2018-12-10$41.01$41.0023.7%4.3%9.8%9.5%0.0%1.5%1.4%-3.8K10.6K-980.00130.8200922
2018-12-11$41.13$41.0021.7%4.3%8.7%8.2%0.0%2.1%1.7%-2.8K12.9K-1040.00140.7500922
2018-12-12$41.49$41.0015.3%4.4%9.2%4.2%0.0%2.2%0.8%-2.7K895-900.00145.4700922
2018-12-13$41.62$41.0015.1%4.3%9.2%4.1%0.0%2.3%0.5%-2.3K-205-890.00145.6200922
2018-12-14$41.25$41.0015.5%4.4%9.7%4.4%0.0%2.3%1.0%-2.4K12.0K-960.00145.5202922
2018-12-17$40.50$41.0015.8%4.5%11.2%4.5%0.0%1.2%1.1%-6.3K19.6K-970.00134.9100924
2018-12-18$39.76$41.0014.8%4.2%12.8%3.9%0.0%2.2%3.7%-7.4K17.6K-880.00136.2400924
2018-12-19$39.69$41.0023.8%6.8%12.5%9.6%0.0%-6.3%-5.5%-4.9K28.8K-830.00168.3100924
2018-12-20$39.59$41.0015.4%4.4%12.5%4.3%0.0%2.4%2.1%-8.5K22.7K-740.00133.8801924
2018-12-21$39.24$41.0017.4%5.0%12.7%5.6%0.0%-1.3%-2.6%-1.0K-1.3K-650.00130.6302925
2018-12-24$38.23$41.0019.0%5.4%14.6%6.5%0.0%-2.5%68.5%5063.7K-650.00126.330394
2018-12-26$39.02$41.0017.6%5.1%16.7%5.7%0.0%2.2%70.5%2847.2K-670.00125.560195
2018-12-27$39.04$41.0018.2%5.2%16.4%6.0%0.0%1.6%72.6%3526.9K-660.00128.640195
2018-12-28$39.27$41.0018.3%5.2%16.7%6.1%0.0%0.4%68.8%6064.3K-750.00139.310195
2018-12-31$39.33$41.0018.6%5.3%16.7%6.3%0.0%2.5%72.4%5824.9K-710.00140.610095