IGF Options History — August 2019

In August 2019, IGF traded between $44.20 and $45.52. ATM implied volatility averaged 24.6%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 12.3% (HV 20d: 12.3%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-08-29: Highest Volume — 60 contracts
  • 2019-08-14: Largest IV drop — 57.8% change
  • 2019-08-13: Highest IV Rank — 34.3%
  • 2019-08-01: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.02$44.20$45.52$45.35$45.51
ATM IV24.6%15.7%45.9%31.0%18.7%
Expected Move5.7%4.5%8.9%8.9%5.4%
HV 20d12.3%7.0%14.7%7.1%14.7%
HV 60d10.9%9.2%11.7%9.2%11.5%
IV Rank15.2%7.3%34.3%21.0%10.0%
IV Percentile86.4%49.2%99.6%98.8%71.4%
Term Structure-2.5%-11.9%3.8%-11.9%-3.5%
Skew 25d-1.8%-10.1%2.5%-2.1%-10.1%
Skew 10d-6.8%-15.3%2.0%-4.1%-15.3%
Call IV 25d21.4%12.4%40.1%12.4%22.6%
Put IV 25d19.6%10.3%38.2%10.3%12.6%
Bid-Ask Spread %175.85164.40198.35194.72164.40
Gamma HHI0.620.400.980.440.98
Net GEX1.4K21316.7K32716.7K
Net DEX-10.5K-99.1K-11-4.2K-99.1K
Net VEX-86-417-61-93-417
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.81806000
Total OI11.1828681068

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$45.35$0.0031.0%8.9%7.1%21.0%0.0%-2.1%-11.9%327-4.2K-930.00194.720064
2019-08-02$45.36$0.0019.0%5.4%7.0%10.2%0.0%-1.3%-6.1%576-3.6K-860.00172.740064
2019-08-05$44.42$0.0021.0%5.2%9.8%12.0%0.0%-1.6%-1.8%213-11-810.00167.420164
2019-08-06$44.55$0.0029.4%5.0%10.0%19.6%0.0%0.2%-1.7%466-3.3K-730.00170.510163
2019-08-07$44.88$0.0036.4%6.2%9.9%25.8%0.0%0.8%-2.0%443-5.1K-800.00185.100063
2019-08-08$45.25$0.0028.5%4.9%10.6%18.8%0.0%2.1%-1.3%618-5.6K-770.00174.920063
2019-08-09$45.33$0.0031.4%5.0%10.6%21.4%0.0%1.6%-1.5%627-5.9K-770.00177.180063
2019-08-12$44.98$0.0039.9%5.2%10.8%28.9%0.0%-5.9%-1.9%782-7.3K-660.00176.220062
2019-08-13$45.14$0.0045.9%5.3%10.8%34.3%0.0%1.8%-2.0%815-7.9K-690.00177.950062
2019-08-14$44.20$0.0019.4%5.6%12.8%10.6%0.0%-0.2%-2.8%598-5.0K-630.00170.190062
2019-08-15$44.41$0.0020.2%5.8%12.8%11.3%0.0%1.7%-2.0%632-5.7K-630.00171.300062
2019-08-16$44.83$0.0018.9%5.4%13.4%10.2%0.0%2.5%-1.9%742-6.8K-650.00174.390062
2019-08-19$45.25$0.0015.7%4.5%13.9%7.3%0.0%1.9%3.8%867-8.0K-660.00167.250062
2019-08-20$45.08$0.0019.1%5.5%13.9%10.3%0.0%2.0%-2.3%815-7.5K-660.00176.720062
2019-08-21$45.39$0.0019.5%5.6%14.2%10.7%0.0%-1.9%-3.4%907-8.4K-650.00174.930062
2019-08-22$45.18$0.0018.7%5.4%14.1%10.0%0.0%-4.1%-2.5%877-7.7K-650.00175.350062
2019-08-23$44.66$0.0024.7%7.1%14.6%15.3%0.0%-1.9%2.3%481-7.8K-710.00178.130062
2019-08-26$44.88$0.0021.0%6.0%14.7%12.1%0.0%-6.8%-3.5%757-7.1K-610.00198.350062
2019-08-27$45.15$0.0020.6%5.9%14.6%11.6%0.0%-4.4%-3.3%892-8.4K-660.00167.850062
2019-08-28$45.14$0.0021.0%6.0%14.5%12.0%0.0%-4.2%-3.6%846-7.7K-640.00176.210062
2019-08-29$45.52$0.0020.3%5.8%14.7%11.4%0.0%-9.8%-2.9%930-8.6K-640.00176.9660062
2019-08-30$45.51$0.0018.7%5.4%14.7%10.0%0.0%-10.1%-3.5%16.7K-99.1K-4170.00164.4000662