IGF Options History — May 2020

In May 2020, IGF traded between $35.12 and $39.02. ATM implied volatility averaged 43.2%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 11.2% (HV 20d: 32.0%). Max pain ranged from $30.00 to $39.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-05-15: Highest Volume — 10 contracts
  • 2020-05-13: Largest IV drop — 50.0% change
  • 2020-05-12: Highest IV Rank — 59.0%
  • 2020-05-19: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.58$35.12$39.02$35.83$39.02
Max Pain$38.55$30.00$39.00$30.00$39.00
ATM IV43.2%27.8%69.1%39.4%38.2%
Expected Move10.1%8.0%11.6%11.3%11.0%
HV 20d32.0%25.7%42.5%42.5%29.9%
HV 60d64.9%64.3%65.7%64.3%64.7%
IV Rank34.3%19.5%59.0%30.6%29.5%
IV Percentile78.5%55.6%96.0%80.2%75.0%
Term Structure-2.1%-9.4%6.0%-8.0%-0.3%
Skew 25d3.7%-3.5%10.0%2.0%2.6%
Skew 10d12.9%1.9%27.6%4.8%27.6%
Call IV 25d33.5%26.1%43.0%43.0%41.2%
Put IV 25d37.3%30.2%44.9%44.9%43.8%
Bid-Ask Spread %154.19129.79163.08129.79160.15
Gamma HHI0.670.530.840.570.69
Net GEX9.3K5.5K28.0K8.5K6.6K
Net DEX-162.1K-213.5K-130.9K-158.4K-213.5K
Net VEX-853-910-762-910-867
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5501000
Total OI105.059911011099

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$35.83$30.0039.4%11.3%42.5%30.6%0.0%2.0%-8.0%8.5K-158.4K-9100.00129.79001082
2020-05-04$36.21$39.0055.9%9.9%40.6%46.5%0.0%5.8%-2.7%8.2K-155.1K-8700.00150.07001082
2020-05-05$36.23$39.0056.1%10.5%35.9%46.6%0.0%7.1%0.8%8.1K-166.7K-8980.00154.58001082
2020-05-06$35.51$39.0051.7%9.8%36.7%42.4%0.0%-1.5%-0.8%8.1K-147.8K-8540.00154.02001082
2020-05-07$35.76$39.0051.2%10.0%36.3%41.9%0.0%3.7%-3.6%8.4K-153.3K-8730.00155.16101082
2020-05-08$36.31$39.0057.3%9.9%31.8%47.7%0.0%6.8%-2.2%9.1K-162.1K-8790.00156.00001082
2020-05-11$36.35$39.0061.8%9.7%31.2%52.1%0.0%4.4%-3.2%9.5K-164.7K-8630.00153.38001082
2020-05-12$35.86$39.0069.1%10.1%30.2%59.0%0.0%5.4%-1.7%9.4K-151.4K-8310.00156.03001082
2020-05-13$35.12$39.0034.5%9.9%28.8%26.0%0.0%5.4%1.7%9.0K-130.9K-7810.00140.76001082
2020-05-14$35.35$39.0037.1%10.6%28.7%28.4%0.0%10.0%-3.7%8.5K-143.7K-8030.00152.65001082
2020-05-15$35.14$39.0039.6%11.4%25.7%30.9%0.0%2.7%-2.9%28.0K-140.7K-7620.00153.071001082
2020-05-18$36.99$39.0037.9%10.9%30.9%29.2%0.0%3.4%6.0%5.7K-171.4K-8750.00160.6200981
2020-05-19$36.45$39.0040.4%11.6%30.0%31.6%0.0%2.0%3.2%5.5K-160.6K-8530.00163.0800981
2020-05-20$36.85$39.0031.8%9.1%29.3%23.4%0.0%4.7%-4.5%9.1K-145.2K-8490.00158.7100981
2020-05-21$36.59$39.0030.1%8.6%29.4%21.7%0.0%2.7%-1.7%8.8K-139.6K-8260.00142.3700981
2020-05-22$36.74$39.0037.7%10.8%29.2%29.0%0.0%-3.5%-9.4%7.5K-152.5K-8460.00158.1600981
2020-05-26$38.02$39.0029.5%8.5%31.2%21.1%0.0%4.9%-4.6%10.6K-179.2K-8650.00162.6400981
2020-05-27$38.51$39.0027.8%8.0%31.2%19.5%0.0%4.1%-4.0%11.2K-195.0K-8720.00159.4400981
2020-05-28$38.86$39.0037.3%10.7%30.7%28.7%0.0%2.1%-0.1%6.7K-209.6K-8730.00163.0400981
2020-05-29$39.02$39.0038.2%11.0%29.9%29.5%0.0%2.6%-0.3%6.6K-213.5K-8670.00160.1500981