IGF Options History — September 2020

In September 2020, IGF traded between $37.89 and $40.68. ATM implied volatility averaged 43.9%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 26.8% (HV 20d: 17.2%). Max pain ranged from $35.00 to $39.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-09-11: Highest Volume — 45 contracts
  • 2020-09-30: Largest IV spike — 103.9% change
  • 2020-09-08: Highest IV Rank — 30.5%
  • 2020-09-30: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.24$37.89$40.68$39.66$38.58
Max Pain$37.24$35.00$39.00$39.00$35.00
ATM IV43.9%24.9%63.6%48.8%50.9%
Expected Move11.9%7.2%14.6%14.0%14.6%
HV 20d17.2%10.3%19.8%10.3%19.8%
HV 60d16.3%14.9%19.7%19.1%16.1%
IV Rank19.9%9.5%30.5%22.5%23.6%
IV Percentile66.2%17.9%90.1%79.4%79.8%
Term Structure-9.8%-16.2%-3.3%-12.6%-16.2%
VWIV34.6%22.8%46.4%46.4%22.8%
Skew 25d-8.4%-37.7%13.0%-30.9%-0.3%
Skew 10d-0.8%-39.5%53.4%-20.3%53.4%
Call IV 25d43.5%25.5%61.3%49.3%61.3%
Put IV 25d35.1%18.4%61.1%18.4%61.1%
Bid-Ask Spread %148.00133.37185.02179.30142.24
Gamma HHI0.350.250.480.360.33
Net GEX5.4K-4.1K7.4K5.8K5.3K
Net DEX-103.5K-174.1K-60.9K-152.8K-70.3K
Net VEX-324-475-204-475-215
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.52404550
Total OI64.90552828253

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-09-01$39.66$39.0048.8%14.0%10.3%22.5%0.0%-30.9%-12.6%5.8K-152.8K-4750.00179.3050775
2020-09-02$40.68$39.0047.2%13.5%13.7%21.6%0.0%-17.8%-13.2%7.4K-174.1K-4640.00185.0210775
2020-09-03$40.02$38.0052.6%10.6%15.0%24.6%0.0%5.7%-8.4%7.3K-155.9K-4680.00144.3200775
2020-09-04$39.95$38.0052.9%10.8%15.0%24.7%0.0%12.8%-7.3%7.2K-153.9K-4620.00146.1000775
2020-09-08$39.47$38.0063.6%11.6%15.3%30.5%0.0%6.2%-9.1%7.0K-141.8K-4380.00146.6800775
2020-09-09$40.04$38.0038.9%11.2%16.2%17.1%0.0%13.0%-8.5%7.0K-157.9K-4430.00147.9900775
2020-09-10$39.36$38.0039.2%11.2%16.4%17.3%0.0%3.3%-9.3%7.3K-138.4K-4220.00145.8100775
2020-09-11$39.32$38.0037.2%10.7%16.2%16.2%46.4%2.0%-7.9%7.0K-137.2K-4160.00145.96450775
2020-09-14$39.82$38.0038.8%11.1%17.0%17.0%0.0%2.6%-10.5%4.8K-84.1K-2960.00148.0000525
2020-09-15$39.78$38.0037.8%10.8%16.9%16.5%0.0%1.7%-10.5%4.8K-83.8K-2930.00146.3600525
2020-09-16$39.93$38.0037.8%10.8%17.0%16.5%0.0%2.3%-10.6%5.0K-85.9K-2860.00146.1300525
2020-09-17$39.73$38.0039.1%11.2%17.0%17.2%0.0%2.0%-7.6%4.3K-86.0K-2930.00147.7700525
2020-09-18$39.19$38.0040.0%11.5%17.6%17.7%0.0%-18.3%-7.3%-4.1K-79.8K-2660.00146.7300525
2020-09-21$38.27$38.0044.0%12.6%19.4%19.9%0.0%-20.8%-8.5%5.2K-66.4K-2290.00145.8010520
2020-09-22$38.52$38.0044.1%12.6%19.0%19.9%22.8%-9.0%-10.0%5.4K-70.1K-2330.00143.3901520
2020-09-23$37.89$35.0044.8%12.8%19.7%20.3%0.0%-32.7%-11.2%5.0K-60.9K-2250.00139.9700521
2020-09-24$38.06$35.0045.0%12.9%19.6%20.5%0.0%-27.4%-10.5%5.1K-62.6K-2220.00142.7900521
2020-09-25$38.31$35.0046.6%13.3%19.8%21.3%0.0%-27.4%-9.6%5.2K-66.4K-2230.00140.7700521
2020-09-28$38.67$35.0048.7%14.0%19.8%22.4%0.0%-37.7%-12.7%5.3K-73.1K-2250.00143.5000521
2020-09-29$38.73$35.0024.9%7.2%19.8%9.5%0.0%-5.4%-3.3%6.8K-72.1K-2040.00133.3700521
2020-09-30$38.58$35.0050.9%14.6%19.8%23.6%0.0%-0.3%-16.2%5.3K-70.3K-2150.00142.2400521