IGF Options History — February 2020

In February 2020, IGF traded between $43.77 and $49.86. ATM implied volatility averaged 27.7%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 16.9% (HV 20d: 10.8%). Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-02-26: Highest Volume — 39 contracts
  • 2020-02-06: Largest IV spike — 332.1% change
  • 2020-02-28: Highest IV Rank — 51.3%
  • 2020-02-28: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.57$43.77$49.86$48.75$43.77
ATM IV27.7%7.4%39.1%29.7%39.1%
Expected Move7.2%2.1%11.2%8.5%11.2%
HV 20d10.8%8.5%21.5%8.5%21.5%
HV 60d8.3%7.0%14.4%7.1%14.4%
IV Rank32.9%0.0%51.3%35.9%51.3%
IV Percentile74.6%0.0%95.6%86.5%95.6%
Term Structure-5.2%-10.6%1.7%-9.3%-10.6%
Skew 25d3.3%-17.8%18.1%0.4%-4.5%
Skew 10d4.9%-15.8%19.8%2.6%-13.0%
Call IV 25d17.5%6.9%41.8%10.0%41.8%
Put IV 25d20.8%8.1%37.3%10.4%37.3%
Bid-Ask Spread %188.14125.66200.00195.79178.00
Gamma HHI0.770.660.830.770.75
Net GEX905-4.8K2.8K1.4K-4.8K
Net DEX-16.4K-27.0K47.4K-20.7K47.4K
Net VEX-74-271-43-59-271
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.10503900
Total OI11.368747747

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-02-03$48.75$0.0029.7%8.5%8.5%35.9%0.0%0.4%-9.3%1.4K-20.7K-590.00195.790070
2020-02-04$49.00$0.0029.0%8.3%8.6%34.9%0.0%-17.8%-8.3%1.3K-21.5K-570.00192.970070
2020-02-05$49.31$0.007.4%2.1%8.6%0.0%0.0%1.2%1.7%2.8K-27.0K-430.00125.660070
2020-02-06$49.27$0.0032.0%6.2%8.5%39.9%0.0%-1.1%-2.9%1.4K-22.6K-560.00175.580070
2020-02-07$49.02$0.0031.3%6.1%8.8%38.8%0.0%0.4%-2.7%1.4K-21.7K-560.00199.150070
2020-02-10$49.02$0.0035.0%6.3%8.8%44.7%0.0%-0.1%-3.3%1.4K-21.6K-550.00200.000070
2020-02-11$49.39$0.0038.0%6.6%9.0%49.5%0.0%3.5%-4.6%1.4K-22.9K-530.00197.690070
2020-02-12$49.41$0.0023.2%6.6%8.9%25.5%0.0%15.1%-5.4%1.4K-22.9K-530.00197.690070
2020-02-13$49.34$0.0022.3%6.4%8.8%24.1%0.0%11.9%-3.6%1.4K-22.9K-520.00198.020070
2020-02-14$49.72$0.0021.9%6.3%8.9%23.5%0.0%9.8%-3.8%1.4K-24.2K-500.00196.170070
2020-02-18$49.81$0.0022.6%6.5%8.9%24.6%0.0%2.0%-4.5%1.5K-24.8K-480.00195.560070
2020-02-19$49.86$0.0023.2%6.7%8.7%25.6%0.0%13.3%-4.5%1.5K-25.1K-470.00195.630070
2020-02-20$49.66$0.0023.6%6.8%8.9%26.3%0.0%18.1%-4.6%1.4K-24.0K-490.00196.360070
2020-02-21$49.66$0.0024.0%6.9%8.8%27.0%0.0%11.7%-4.6%1.4K-23.9K-490.00188.961070
2020-02-24$48.35$0.0028.5%8.2%13.1%34.2%0.0%12.0%-5.8%1.6K-21.9K-620.00196.860080
2020-02-25$47.15$0.0031.4%9.0%15.4%38.9%0.0%-2.0%-7.4%1.6K-17.4K-610.00186.850080
2020-02-26$46.85$0.0030.1%8.6%14.9%36.7%0.0%-6.2%-7.6%1.5K-16.4K-600.00184.4703980
2020-02-27$45.47$0.0034.3%9.8%17.8%43.6%0.0%-4.5%-7.8%-3.6K21.7K-2260.00173.1600839
2020-02-28$43.77$0.0039.1%11.2%21.5%51.3%0.0%-4.5%-10.6%-4.8K47.4K-2710.00178.0000839