IGF Options History — April 2019

In April 2019, IGF traded between $44.83 and $45.39. ATM implied volatility averaged 14.5%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 9.1% (HV 20d: 5.5%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2019-04-18: Highest Volume — 9 contracts
2019-04-10: Largest IV drop — 34.0% change
2019-04-09: Highest IV Rank — 10.7%
2019-04-30: Largest Expected Move — 4.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.03	$44.83	$45.39	$44.85	$45.39
Max Pain	$44.00	$44.00	$44.00	$44.00	$44.00
ATM IV	14.5%	9.8%	19.5%	16.4%	17.2%
Expected Move	3.8%	2.8%	4.9%	3.8%	4.9%
HV 20d	5.5%	4.2%	6.1%	6.1%	5.1%
HV 60d	6.1%	5.4%	7.6%	7.6%	5.6%
IV Rank	6.2%	2.0%	10.7%	7.9%	8.6%
IV Percentile	40.0%	3.6%	85.7%	65.1%	72.2%
Term Structure	-3.0%	-6.5%	6.4%	-3.5%	-3.4%
VWIV	13.2%	7.0%	19.3%	7.0%	19.3%
Skew 25d	0.9%	-4.8%	6.8%	-1.5%	1.2%
Skew 10d	2.5%	-1.3%	6.3%	0.4%	-0.6%
Call IV 25d	11.7%	9.1%	14.0%	10.2%	11.5%
Put IV 25d	12.5%	8.2%	18.0%	8.7%	12.7%
Bid-Ask Spread %	168.72	152.14	178.12	169.75	160.27
Gamma HHI	0.49	0.44	0.96	0.45	0.61
Net GEX	6.2K	1.4K	13.4K	7.8K	3.1K
Net DEX	-64.8K	-85.6K	-31.5K	-71.1K	-54.0K
Net VEX	-241	-273	-205	-273	-219
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	2.524	0	9	0	6
Total OI	44.048	30	50	49	35

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	Spread %	Call Vol	Call OI	Put OI
2019-04-01	$44.85	$0.00	16.4%	3.8%	6.1%	7.9%	0.0%	-1.5%	-3.5%	7.8K	-71.1K	-273	169.75	0	30	19
2019-04-02	$44.92	$0.00	13.3%	3.8%	6.1%	5.1%	0.0%	0.9%	4.0%	8.3K	-74.6K	-266	170.68	0	30	19
2019-04-03	$45.04	$0.00	16.8%	3.6%	6.1%	8.3%	0.0%	2.1%	-6.3%	6.9K	-76.4K	-260	170.39	3	30	19
2019-04-04	$44.92	$0.00	16.3%	3.5%	6.0%	7.9%	0.0%	2.6%	-5.5%	7.7K	-75.2K	-272	163.84	3	31	19
2019-04-05	$45.09	$0.00	17.3%	3.6%	6.1%	8.7%	0.0%	-3.3%	-6.1%	7.0K	-79.8K	-262	170.46	3	31	19
2019-04-08	$45.07	$0.00	19.3%	3.7%	5.6%	10.5%	0.0%	1.6%	-6.5%	7.4K	-80.1K	-256	164.55	0	31	19
2019-04-09	$44.92	$0.00	19.5%	3.6%	5.7%	10.7%	0.0%	-2.3%	-2.6%	7.8K	-76.5K	-251	165.66	0	31	19
2019-04-10	$45.06	$0.00	12.9%	3.7%	5.7%	4.7%	0.0%	2.5%	-4.6%	7.6K	-84.3K	-232	173.33	0	31	19
2019-04-11	$45.09	$0.00	12.4%	3.5%	5.7%	4.3%	0.0%	2.8%	-2.7%	7.7K	-84.5K	-233	168.90	0	31	19
2019-04-12	$45.24	$0.00	12.7%	3.6%	5.5%	4.6%	0.0%	3.1%	-6.3%	6.9K	-85.6K	-232	172.21	0	31	19
2019-04-15	$45.16	$0.00	12.8%	3.7%	5.4%	4.7%	0.0%	-4.8%	-6.5%	7.3K	-82.8K	-228	172.57	0	31	19
2019-04-16	$44.87	$0.00	12.4%	3.6%	5.9%	4.3%	0.0%	-1.1%	-5.5%	8.5K	-74.1K	-230	168.62	0	31	19
2019-04-17	$44.88	$0.00	12.9%	3.7%	5.8%	4.7%	0.0%	1.6%	-5.6%	8.2K	-73.8K	-225	178.12	7	31	19
2019-04-18	$44.83	$0.00	12.8%	3.7%	5.8%	4.7%	7.0%	1.3%	-5.4%	13.4K	-43.2K	-213	177.95	9	24	19
2019-04-22	$44.90	$44.00	9.8%	2.8%	4.9%	2.0%	0.0%	-0.5%	6.4%	1.5K	-31.5K	-214	160.52	0	17	13
2019-04-23	$44.97	$44.00	13.0%	3.7%	4.9%	4.9%	0.0%	-0.2%	-0.4%	1.4K	-33.5K	-205	175.50	5	17	13
2019-04-24	$45.02	$44.00	13.8%	4.0%	4.7%	5.6%	0.0%	-0.8%	-0.6%	2.9K	-43.7K	-250	169.92	5	22	13
2019-04-25	$45.14	$44.00	13.8%	4.0%	4.8%	5.6%	0.0%	6.8%	-0.5%	2.9K	-46.4K	-245	152.14	5	22	13
2019-04-26	$45.19	$44.00	14.4%	4.1%	4.4%	6.1%	19.3%	-0.4%	-0.6%	2.8K	-47.1K	-245	168.96	7	22	13
2019-04-29	$45.03	$44.00	15.0%	4.3%	4.2%	6.7%	0.0%	6.4%	-1.5%	2.9K	-43.4K	-243	168.78	0	22	13
2019-04-30	$45.39	$44.00	17.2%	4.9%	5.1%	8.6%	0.0%	1.2%	-3.4%	3.1K	-54.0K	-219	160.27	6	22	13