IGF Options History — April 2021

In April 2021, IGF traded between $45.23 and $46.68. ATM implied volatility averaged 23.8%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 14.3% (HV 20d: 9.5%). Max pain ranged from $44.00 to $46.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2021-04-13: Highest Volume — 155 contracts
2021-04-05: Largest IV spike — 387.5% change
2021-04-05: Highest IV Rank — 42.0%
2021-04-05: Largest Expected Move — 23.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.16	$45.23	$46.68	$45.23	$46.53
Max Pain	$45.86	$44.00	$46.00	$44.00	$46.00
ATM IV	23.8%	16.5%	86.5%	17.7%	21.4%
Expected Move	6.3%	4.5%	23.0%	5.1%	6.1%
HV 20d	9.5%	7.9%	11.1%	10.8%	7.9%
HV 60d	13.5%	11.1%	14.5%	14.5%	11.1%
IV Rank	7.4%	3.4%	42.0%	4.0%	6.1%
IV Percentile	15.8%	3.2%	97.2%	4.0%	17.9%
Term Structure	-2.4%	-29.2%	7.2%	7.2%	-3.9%
VWIV	13.9%	9.7%	18.1%	9.7%	18.1%
Skew 25d	0.2%	-64.7%	17.2%	17.2%	1.1%
Skew 10d	3.9%	-64.7%	14.6%	8.8%	2.4%
Call IV 25d	22.8%	9.8%	84.5%	9.8%	24.7%
Put IV 25d	23.0%	16.9%	26.9%	26.9%	25.7%
Bid-Ask Spread %	159.70	136.91	198.70	136.91	158.34
Gamma HHI	0.45	0.32	0.56	0.56	0.47
Net GEX	121.0K	85.4K	232.6K	133.6K	99.2K
Net DEX	-1.1M	-1.4M	-580.6K	-580.6K	-1.2M
Net VEX	-4.0K	-4.5K	-2.9K	-2.9K	-4.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	26.571	0	155	65	3
Total OI	462.381	376	553	380	453

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Call OI
2021-04-01	$45.23	$44.00	17.7%	5.1%	10.8%	4.0%	9.7%	17.2%	7.2%	133.6K	-580.6K	-2.9K	136.91	65	380
2021-04-05	$45.80	$0.00	86.5%	23.0%	11.0%	42.0%	0.0%	-64.7%	-29.2%	102.1K	-846.3K	-3.2K	198.70	30	382
2021-04-06	$45.67	$0.00	21.3%	5.2%	11.1%	6.0%	0.0%	2.7%	-1.8%	105.0K	-746.8K	-3.1K	162.32	83	376
2021-04-07	$45.76	$0.00	19.3%	5.2%	11.1%	4.9%	0.0%	2.6%	-2.4%	141.6K	-971.8K	-3.9K	163.49	12	459
2021-04-08	$46.00	$0.00	21.8%	5.2%	10.7%	6.3%	0.0%	2.7%	-1.9%	143.8K	-1.1M	-4.0K	162.62	12	469
2021-04-09	$45.85	$0.00	16.5%	4.5%	10.5%	3.4%	0.0%	1.2%	3.0%	161.3K	-1.0M	-4.0K	168.30	0	478
2021-04-12	$45.64	$0.00	27.4%	5.3%	10.6%	9.4%	0.0%	2.1%	-2.1%	141.0K	-966.8K	-3.9K	162.82	73	478
2021-04-13	$45.96	$0.00	31.7%	5.2%	10.7%	11.8%	18.1%	2.8%	-2.1%	182.3K	-1.3M	-4.5K	149.38	155	551
2021-04-14	$46.10	$46.00	18.4%	5.3%	10.7%	4.4%	0.0%	2.8%	-0.9%	232.6K	-1.4M	-4.5K	154.31	21	553
2021-04-15	$46.41	$46.00	18.5%	5.3%	10.8%	4.5%	0.0%	3.0%	0.5%	133.4K	-1.4M	-4.4K	160.44	40	541
2021-04-16	$46.58	$46.00	18.5%	5.3%	8.5%	4.5%	0.0%	2.5%	-1.2%	85.4K	-1.4M	-4.4K	155.86	34	500
2021-04-19	$46.53	$46.00	18.9%	5.4%	8.6%	4.7%	0.0%	1.5%	-2.0%	94.5K	-1.1M	-4.3K	157.82	0	452
2021-04-20	$46.26	$46.00	17.9%	5.1%	8.8%	4.1%	0.0%	10.0%	-0.1%	87.5K	-1.1M	-4.3K	156.55	0	452
2021-04-21	$46.44	$46.00	20.3%	5.8%	8.1%	5.4%	0.0%	2.3%	-1.4%	102.1K	-1.1M	-4.1K	155.07	0	452
2021-04-22	$46.32	$46.00	20.2%	5.8%	8.3%	5.4%	0.0%	2.1%	-1.7%	86.7K	-1.1M	-4.3K	155.52	7	452
2021-04-23	$46.50	$46.00	17.0%	4.9%	8.3%	3.6%	0.0%	2.2%	0.2%	89.3K	-1.2M	-4.3K	157.11	3	458
2021-04-26	$46.51	$46.00	21.2%	6.1%	8.3%	5.9%	0.0%	1.9%	-2.9%	111.0K	-1.2M	-4.0K	159.77	0	456
2021-04-27	$46.23	$46.00	21.9%	6.3%	8.5%	6.4%	0.0%	1.7%	-2.7%	87.2K	-1.1M	-4.2K	159.56	1	456
2021-04-28	$46.40	$46.00	22.1%	6.3%	7.9%	6.4%	0.0%	2.1%	-2.7%	103.1K	-1.1M	-4.0K	158.51	0	456
2021-04-29	$46.68	$46.00	20.9%	6.0%	7.9%	5.8%	0.0%	4.2%	-3.1%	118.4K	-1.2M	-3.9K	160.24	19	456
2021-04-30	$46.53	$46.00	21.4%	6.1%	7.9%	6.1%	0.0%	1.1%	-3.9%	99.2K	-1.2M	-4.0K	158.34	3	453