IGF Options History — February 2022

In February 2022, IGF traded between $46.46 and $48.33. ATM implied volatility averaged 20.7%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 7.4% (HV 20d: 13.3%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.11.

Notable Days

2022-02-01: Highest Volume — 107 contracts
2022-02-22: Largest IV spike — 35.0% change
2022-02-24: Highest IV Rank — 21.8%
2022-02-24: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.51	$46.46	$48.33	$47.44	$47.95
Max Pain	$43.00	$43.00	$43.00	$43.00	$43.00
ATM IV	20.7%	14.9%	27.0%	19.6%	26.4%
Expected Move	5.6%	4.2%	7.7%	5.6%	7.6%
HV 20d	13.3%	12.0%	16.1%	12.0%	16.1%
HV 60d	12.7%	12.3%	13.2%	12.4%	13.2%
IV Rank	13.6%	5.8%	21.8%	12.0%	21.0%
IV Percentile	57.4%	11.1%	91.3%	50.4%	90.1%
Term Structure	-2.5%	-6.6%	0.9%	-1.4%	-5.7%
Skew 25d	6.6%	-4.2%	28.5%	-4.2%	11.1%
Skew 10d	14.3%	0.6%	27.5%	5.0%	25.1%
Call IV 25d	18.3%	12.4%	28.4%	18.7%	22.2%
Put IV 25d	25.0%	14.6%	48.0%	14.6%	33.3%
Bid-Ask Spread %	146.85	123.80	161.50	157.72	129.93
Gamma HHI	0.36	0.35	0.40	0.38	0.36
Net GEX	12.3K	10.0K	16.0K	16.0K	11.2K
Net DEX	-210.6K	-242.5K	-171.8K	-205.8K	-221.3K
Net VEX	-1.1K	-1.1K	-1.0K	-1.1K	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.11	0.11	0.11	0.11	0.11
Total Volume	107	107	107	107	107
Total OI	109.684	106	111	111	106

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$47.44	$43.00	19.6%	5.6%	12.0%	12.0%	0.0%	-4.2%	-1.4%	16.0K	-205.8K	-1.1K	0.11	157.72	96	11	95	16
2022-02-02	$47.85	$43.00	17.1%	4.9%	12.3%	8.8%	0.0%	28.5%	0.3%	14.7K	-214.1K	-1.1K	0.11	161.50	96	11	95	16
2022-02-03	$47.59	$0.00	20.0%	4.2%	12.4%	12.5%	0.0%	13.4%	-2.0%	12.1K	-212.9K	-1.1K	0.11	143.07	96	11	95	16
2022-02-04	$47.54	$0.00	25.3%	5.3%	12.2%	19.6%	0.0%	5.6%	-0.4%	12.4K	-209.3K	-1.1K	0.11	147.18	96	11	95	16
2022-02-07	$47.42	$0.00	22.4%	4.9%	12.1%	15.7%	0.0%	4.4%	-0.2%	11.9K	-207.9K	-1.1K	0.11	147.22	96	11	95	16
2022-02-08	$47.69	$0.00	22.0%	4.6%	12.1%	15.2%	0.0%	8.2%	-0.5%	12.7K	-217.3K	-1.1K	0.11	146.11	96	11	95	16
2022-02-09	$48.33	$0.00	14.9%	4.3%	12.8%	5.8%	0.0%	4.9%	0.1%	12.6K	-242.5K	-1.1K	0.11	144.00	96	11	95	16
2022-02-10	$47.81	$0.00	15.2%	4.4%	13.3%	6.3%	0.0%	2.0%	-0.8%	11.4K	-229.5K	-1.1K	0.11	152.58	96	11	95	16
2022-02-11	$47.66	$0.00	15.4%	4.4%	13.2%	6.6%	0.0%	13.2%	-2.0%	11.5K	-221.3K	-1.1K	0.11	152.07	96	11	95	16
2022-02-14	$47.10	$0.00	18.1%	5.2%	13.8%	10.1%	0.0%	2.7%	-3.3%	10.8K	-197.3K	-1.1K	0.11	151.26	96	11	95	16
2022-02-15	$47.38	$0.00	19.8%	5.7%	13.5%	12.3%	0.0%	-0.5%	-6.5%	12.1K	-205.7K	-1.1K	0.11	155.30	96	11	95	16
2022-02-16	$47.82	$0.00	20.3%	5.8%	13.9%	13.0%	0.0%	-1.1%	-6.6%	12.0K	-221.9K	-1.1K	0.11	157.33	96	11	95	16
2022-02-17	$47.75	$0.00	18.6%	5.3%	13.8%	10.7%	0.0%	5.3%	-0.3%	11.8K	-219.3K	-1.1K	0.11	154.42	96	11	95	16
2022-02-18	$47.40	$0.00	17.2%	4.9%	13.9%	9.0%	0.0%	7.9%	0.9%	13.4K	-202.5K	-1.1K	0.11	139.44	96	11	95	16
2022-02-22	$47.08	$0.00	23.3%	6.7%	12.9%	16.9%	0.0%	1.8%	-4.6%	11.7K	-196.5K	-1.1K	0.11	150.85	96	11	95	11
2022-02-23	$46.64	$0.00	24.9%	7.2%	13.3%	19.1%	0.0%	10.9%	-4.5%	10.0K	-192.0K	-1.1K	0.11	130.20	96	11	95	11
2022-02-24	$46.46	$0.00	27.0%	7.7%	12.9%	21.8%	0.0%	1.9%	-5.2%	11.9K	-171.8K	-1.0K	0.11	146.06	96	11	95	11
2022-02-25	$47.74	$0.00	26.6%	7.6%	16.1%	21.2%	0.0%	10.3%	-4.3%	13.1K	-212.0K	-1.0K	0.11	123.80	96	11	95	11
2022-02-28	$47.95	$0.00	26.4%	7.6%	16.1%	21.0%	0.0%	11.1%	-5.7%	11.2K	-221.3K	-1.1K	0.11	129.93	96	11	95	11