IGF Options History — May 2019

In May 2019, IGF traded between $44.51 and $45.37. ATM implied volatility averaged 19.1%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 11.6% (HV 20d: 7.5%). Max pain ranged from $44.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-05-14: Highest Volume — 13 contracts
  • 2019-05-15: Largest IV drop — 53.5% change
  • 2019-05-14: Highest IV Rank — 23.4%
  • 2019-05-31: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.91$44.51$45.37$45.16$44.70
Max Pain$44.86$44.00$45.00$44.00$45.00
ATM IV19.1%12.6%33.7%17.2%18.7%
Expected Move4.4%3.2%5.4%4.9%5.4%
HV 20d7.5%5.4%8.6%5.4%8.0%
HV 60d6.3%5.7%6.7%5.7%6.7%
IV Rank10.3%4.5%23.4%8.6%10.0%
IV Percentile65.7%13.5%97.6%72.6%79.0%
Term Structure-5.1%-8.4%-0.8%-4.6%-2.7%
VWIV15.7%14.5%16.3%16.3%16.0%
Skew 25d-2.3%-7.6%1.1%-7.6%-0.8%
Skew 10d-4.6%-8.7%-0.3%-7.0%-4.9%
Call IV 25d15.8%11.0%18.1%17.8%18.1%
Put IV 25d13.5%8.4%17.4%10.3%17.3%
Bid-Ask Spread %160.92136.67168.07159.04159.75
Gamma HHI0.670.520.910.650.66
Net GEX3.9K3.0K4.6K4.3K3.2K
Net DEX-46.0K-57.6K-34.8K-56.9K-35.5K
Net VEX-237-267-200-259-200
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.90901362
Total OI38.36436393936

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$45.16$44.0017.2%4.9%5.4%8.6%0.0%-7.6%-4.6%4.3K-56.9K-2590.00159.04602613
2019-05-02$44.86$44.0016.1%4.6%5.9%7.7%0.0%-2.7%-4.4%4.2K-48.6K-2670.00166.91602613
2019-05-03$45.22$44.0015.9%4.5%6.5%7.4%0.0%-6.2%-3.3%4.6K-57.6K-2540.00165.43602613
2019-05-06$44.95$45.0018.8%3.2%6.7%10.1%0.0%-6.3%-0.8%3.8K-49.5K-2580.00159.60002613
2019-05-07$44.59$45.0020.9%4.0%7.3%12.0%0.0%-1.7%-5.5%3.8K-40.6K-2600.00153.51002613
2019-05-08$44.55$45.0023.4%4.2%7.2%14.2%0.0%-4.8%-6.1%4.0K-38.2K-2570.00166.19002613
2019-05-09$44.51$45.0025.7%4.3%7.1%16.3%0.0%0.5%-5.0%4.1K-37.9K-2560.00157.98002613
2019-05-10$44.86$45.0026.6%5.1%7.7%17.1%0.0%0.1%-5.6%3.9K-45.5K-2540.00164.68002613
2019-05-13$44.69$45.0033.2%4.5%7.6%23.0%0.0%-0.1%-6.6%4.0K-42.1K-2460.00163.17002613
2019-05-14$44.85$45.0033.7%4.4%7.8%23.4%16.3%0.3%-7.4%4.3K-45.7K-2430.00165.601302613
2019-05-15$44.90$45.0015.7%4.5%7.4%7.3%0.0%0.5%-7.5%4.3K-47.4K-2380.00167.75002613
2019-05-16$44.98$45.0014.4%4.1%7.5%6.1%0.0%1.0%-7.1%4.3K-49.9K-2300.00165.60002613
2019-05-17$45.07$45.0013.3%3.8%7.5%5.1%0.0%1.1%-5.0%3.7K-53.5K-2260.00152.91002613
2019-05-20$44.91$45.0012.6%3.6%7.6%4.5%0.0%-5.3%-0.8%3.0K-38.5K-2330.00167.16102413
2019-05-21$45.17$45.0014.0%4.0%7.8%5.8%0.0%-6.1%-5.7%4.0K-49.7K-2280.00155.19102513
2019-05-22$45.25$45.0015.3%4.4%7.9%6.9%0.0%-6.8%-8.4%3.9K-52.2K-2210.00168.07102513
2019-05-23$45.08$45.0016.5%4.7%7.9%8.0%0.0%-5.3%-8.3%3.8K-47.4K-2240.00167.73102513
2019-05-24$45.37$45.0016.2%4.6%8.2%7.7%0.0%-1.2%-6.9%4.0K-55.2K-2160.00136.67102513
2019-05-28$45.02$45.0015.3%4.4%8.6%7.0%0.0%0.6%-6.6%3.5K-46.6K-2170.00154.62002513
2019-05-29$44.68$45.0017.5%5.0%8.5%8.9%14.5%0.2%-1.4%4.1K-38.7K-2140.00158.46202513
2019-05-30$44.66$45.0018.3%5.2%8.3%9.6%16.0%-0.7%-2.3%3.2K-34.8K-2030.00164.19202313
2019-05-31$44.70$45.0018.7%5.4%8.0%10.0%16.0%-0.8%-2.7%3.2K-35.5K-2000.00159.75202313