IGF Options History — August 2020

In August 2020, IGF traded between $39.31 and $40.85. ATM implied volatility averaged 44.0%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 30.9% (HV 20d: 13.0%). Max pain ranged from $39.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-08-28: Highest Volume — 5 contracts
  • 2020-08-19: Largest IV spike — 67.9% change
  • 2020-08-11: Highest IV Rank — 28.0%
  • 2020-08-03: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.07$39.31$40.85$39.31$39.88
Max Pain$39.75$39.00$40.00$40.00$39.00
ATM IV44.0%23.8%58.9%50.4%47.4%
Expected Move11.6%6.8%14.5%14.5%13.6%
HV 20d13.0%11.1%17.0%16.8%11.1%
HV 60d23.1%19.7%25.9%25.9%19.7%
IV Rank19.9%8.9%28.0%23.4%21.7%
IV Percentile70.3%21.8%86.9%82.1%78.6%
Term Structure-7.1%-12.5%-1.8%-12.2%-7.1%
VWIV20.2%20.2%20.2%20.2%20.2%
Skew 25d-1.9%-34.4%29.8%-34.4%-13.4%
Skew 10d3.1%-34.0%34.8%-15.5%-30.1%
Call IV 25d38.8%16.7%57.9%56.5%36.4%
Put IV 25d36.9%19.9%55.2%22.1%23.0%
Bid-Ask Spread %185.57163.69191.69184.03179.59
Gamma HHI0.430.320.500.450.36
Net GEX7.5K5.3K9.4K6.4K6.6K
Net DEX-162.4K-179.5K-147.1K-147.1K-152.1K
Net VEX-494-556-441-549-450
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3330502
Total OI76.66775807780

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$39.31$40.0050.4%14.5%16.8%23.4%0.0%-34.4%-12.2%6.4K-147.1K-5490.00184.0300761
2020-08-04$39.81$40.0048.0%13.8%17.0%22.1%0.0%-24.5%-11.6%6.7K-157.3K-5560.00180.9900761
2020-08-05$39.81$40.0048.8%14.0%17.0%22.5%0.0%-24.0%-12.5%6.9K-157.8K-5430.00180.9300761
2020-08-06$39.97$0.0049.5%10.2%14.5%22.9%0.0%-12.6%-5.9%8.3K-163.8K-5200.00187.4900761
2020-08-07$39.98$0.0052.1%10.5%14.3%24.3%0.0%7.1%-4.6%7.8K-162.9K-5210.00191.6200761
2020-08-10$40.32$0.0057.5%11.0%13.7%27.2%0.0%7.8%-4.5%7.8K-170.1K-5190.00191.6900761
2020-08-11$40.31$0.0058.9%10.7%13.4%28.0%0.0%6.1%-4.0%9.0K-174.0K-4700.00187.9500761
2020-08-12$40.85$0.0037.1%10.6%12.2%16.1%0.0%6.6%-4.5%7.2K-179.5K-5260.00187.5000761
2020-08-13$40.50$0.0038.7%11.1%12.7%17.0%0.0%27.4%-5.3%7.2K-171.4K-5120.00188.3000761
2020-08-14$40.38$0.0038.8%11.1%12.6%17.1%0.0%29.8%-4.5%7.4K-169.3K-5080.00188.6500761
2020-08-17$40.30$0.0031.8%9.1%12.4%13.3%0.0%3.7%-5.2%7.5K-166.7K-4960.00181.8100761
2020-08-18$40.31$0.0023.8%6.8%12.1%8.9%0.0%1.9%-1.8%9.4K-173.7K-4410.00163.6900761
2020-08-19$40.07$0.0039.9%11.4%12.2%17.7%0.0%17.7%-6.8%7.5K-161.1K-4890.00188.8900761
2020-08-20$39.89$0.0040.7%11.7%11.6%18.1%0.0%-8.4%-6.6%7.4K-156.1K-4820.00188.5500761
2020-08-21$39.84$0.0042.0%12.0%11.5%18.8%0.0%16.8%-7.4%5.3K-152.0K-4760.00188.3100761
2020-08-24$40.28$0.0043.0%12.3%12.0%19.3%0.0%-12.8%-8.4%7.7K-166.3K-4660.00188.3400750
2020-08-25$40.11$0.0042.1%12.1%12.2%18.9%0.0%-20.7%-8.5%7.8K-162.4K-4660.00187.5200750
2020-08-26$39.68$0.0043.2%12.4%12.0%19.5%0.0%1.5%-9.2%7.5K-152.2K-4590.00189.7400750
2020-08-27$39.70$0.0044.2%12.7%11.4%20.0%0.0%2.9%-8.9%7.5K-153.0K-4550.00188.9800750
2020-08-28$40.07$0.0045.1%12.9%11.1%20.5%20.2%-18.0%-9.6%7.5K-161.2K-4600.00182.4605750
2020-08-31$39.88$39.0047.4%13.6%11.1%21.7%0.0%-13.4%-7.1%6.6K-152.1K-4500.00179.5920755