IGF Options History — November 2020

In November 2020, IGF traded between $38.63 and $44.24. ATM implied volatility averaged 33.9%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 8.4% (HV 20d: 25.5%). Max pain ranged from $35.00 to $43.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-11-09: Highest Volume — 17 contracts
  • 2020-11-09: Largest IV spike — 185.5% change
  • 2020-11-09: Highest IV Rank — 25.9%
  • 2020-11-02: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.51$38.63$44.24$38.63$43.05
Max Pain$41.50$35.00$43.00$35.00$43.00
ATM IV33.9%18.3%55.1%49.3%26.9%
Expected Move9.5%5.3%14.1%14.1%7.7%
HV 20d25.5%18.0%28.7%18.0%25.3%
HV 60d20.1%16.6%21.3%16.6%20.8%
IV Rank14.4%5.9%25.9%22.8%10.6%
IV Percentile33.9%0.4%80.2%74.2%18.3%
Term Structure-7.2%-22.7%11.9%-22.7%-8.5%
VWIV37.7%34.2%41.2%41.2%34.2%
Skew 25d2.7%-10.3%26.9%1.2%-4.6%
Skew 10d8.6%-13.5%34.5%-13.5%-0.6%
Call IV 25d37.0%16.1%51.5%48.7%22.4%
Put IV 25d39.7%17.8%57.6%49.9%17.8%
Bid-Ask Spread %167.99142.84182.00168.53142.84
Gamma HHI0.580.500.670.590.64
Net GEX30.6K14.1K42.1K14.1K36.4K
Net DEX-374.2K-498.9K-128.8K-128.8K-375.6K
Net VEX-886-1.0K-640-676-846
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.6501751
Total OI154.9135169135152

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-11-02$38.63$35.0049.3%14.1%18.0%22.8%41.2%1.2%-22.7%14.1K-128.8K-6760.00168.53501350
2020-11-03$39.74$35.0024.1%6.9%20.8%9.1%0.0%6.1%7.0%16.9K-184.5K-8240.00170.90801350
2020-11-04$39.90$35.0020.5%5.9%20.6%7.1%0.0%3.1%11.9%23.0K-188.3K-8620.00169.96001490
2020-11-05$40.51$0.0049.2%10.0%20.8%22.7%0.0%2.7%-6.6%25.6K-225.8K-9340.00181.11301490
2020-11-06$40.43$0.0019.3%10.6%20.8%6.5%0.0%26.9%-6.1%26.3K-219.7K-9100.00182.00701510
2020-11-09$42.43$0.0055.1%10.3%26.9%25.9%0.0%6.0%-19.0%29.0K-359.6K-1.0K0.00174.821701510
2020-11-10$43.40$0.0026.1%8.4%27.3%10.2%34.2%5.7%-21.0%31.0K-445.8K-9670.00151.551401570
2020-11-11$43.47$43.0036.0%10.3%27.3%15.5%0.0%4.8%-6.8%34.6K-454.7K-9450.00172.15301590
2020-11-12$42.55$43.0034.9%10.0%28.5%14.9%0.0%1.7%-6.3%32.6K-374.5K-1.0K0.00169.46201620
2020-11-13$43.15$43.0035.8%10.3%28.7%15.4%0.0%2.6%-6.1%35.0K-431.5K-9850.00172.94001640
2020-11-16$43.64$43.0036.6%10.5%28.7%15.9%0.0%2.1%-7.7%36.9K-479.6K-8740.00171.76001630
2020-11-17$43.61$43.0038.3%11.0%28.5%16.8%0.0%-10.3%-15.2%31.8K-458.1K-9230.00152.93201630
2020-11-18$43.26$43.0037.0%10.6%28.4%16.1%0.0%0.3%-7.8%31.4K-430.4K-9450.00169.54001630
2020-11-19$43.29$43.0037.1%10.6%28.2%16.1%0.0%0.9%-8.3%31.8K-434.2K-9310.00171.21601630
2020-11-20$43.40$43.0037.2%10.7%28.2%16.2%0.0%1.1%-7.0%31.3K-447.6K-9420.00171.76001690
2020-11-23$43.51$43.0038.7%11.1%27.3%17.0%0.0%0.7%-6.8%31.5K-413.7K-8940.00171.21301530
2020-11-24$44.24$43.0038.8%11.1%27.3%17.0%0.0%2.6%-5.3%28.0K-468.7K-8820.00170.26201560
2020-11-25$44.10$43.0019.1%5.5%24.1%6.3%0.0%0.9%-2.4%42.1K-498.9K-6400.00159.28001520
2020-11-27$43.83$43.0018.3%5.3%24.3%5.9%0.0%0.0%-0.0%41.7K-463.3K-7180.00165.61001520
2020-11-30$43.05$43.0026.9%7.7%25.3%10.6%0.0%-4.6%-8.5%36.4K-375.6K-8460.00142.84101520