IGF Options History — April 2022

In April 2022, IGF traded between $49.18 and $51.96. ATM implied volatility averaged 25.3%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 14.3% (HV 20d: 11.0%). Max pain ranged from $47.00 to $52.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.29.

Notable Days

2022-04-21: Highest Volume — 186 contracts
2022-04-11: Largest IV spike — 63.7% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-13: Largest Expected Move — 7.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.90	$49.18	$51.96	$51.07	$49.18
Max Pain	$49.70	$47.00	$52.00	$47.00	$52.00
ATM IV	25.3%	17.1%	53.8%	24.6%	22.3%
Expected Move	5.6%	4.3%	7.3%	4.3%	6.4%
HV 20d	11.0%	9.4%	13.8%	13.2%	13.8%
HV 60d	14.5%	14.1%	15.2%	14.6%	15.2%
IV Rank	32.2%	12.6%	100.0%	17.1%	24.9%
IV Percentile	66.9%	32.1%	100.0%	79.4%	68.7%
Term Structure	-0.3%	-10.9%	4.1%	-10.9%	2.2%
VWIV	19.1%	11.1%	24.5%	16.9%	24.5%
Skew 25d	4.3%	-2.8%	10.9%	2.4%	5.5%
Skew 10d	6.1%	-0.8%	17.5%	-0.8%	2.9%
Call IV 25d	18.3%	11.7%	25.1%	20.4%	18.2%
Put IV 25d	22.6%	17.6%	27.9%	22.7%	23.7%
Bid-Ask Spread %	122.46	106.22	138.68	127.13	134.36
Gamma HHI	0.19	0.17	0.24	0.22	0.18
Net GEX	9.5K	952	19.1K	7.1K	14.5K
Net DEX	-430.3K	-523.6K	-375.4K	-409.2K	-375.4K
Net VEX	-1.5K	-2.1K	-1.1K	-1.1K	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.15	0.45	0.34	0.15
Total Volume	142.45	0	186	129	186
Total OI	219.15	173	256	173	256

Daily Data (20 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
2022-04-01	$51.07	$47.00	24.6%	4.3%	13.2%	17.1%	0.0%	2.4%	-10.9%	7.1K	-409.2K	-1.1K	0.34	127.13	96	33	120	53
2022-04-04	$51.05	$47.00	23.4%	4.6%	11.8%	29.8%	16.9%	5.9%	-1.0%	8.0K	-437.0K	-1.2K	0.45	118.36	96	43	135	53
2022-04-05	$50.78	$48.00	21.4%	5.2%	12.3%	24.9%	0.0%	5.1%	1.5%	4.8K	-394.7K	-1.4K	0.34	106.22	96	33	133	63
2022-04-06	$51.12	$48.00	30.0%	6.3%	10.9%	46.9%	0.0%	6.7%	-5.1%	6.6K	-409.2K	-1.3K	0.34	114.13	96	33	133	63
2022-04-07	$51.26	$48.00	23.8%	5.4%	10.4%	30.9%	0.0%	-0.1%	-0.2%	2.4K	-410.8K	-1.4K	0.34	119.63	96	33	133	63
2022-04-08	$51.58	$48.00	32.9%	5.2%	9.6%	54.3%	0.0%	2.8%	-1.0%	6.7K	-450.3K	-1.2K	0.34	138.68	96	33	133	63
2022-04-11	$51.12	$48.00	53.8%	5.7%	10.2%	100.0%	0.0%	-2.8%	-1.5%	5.4K	-435.6K	-1.2K	0.34	114.54	96	33	133	63
2022-04-12	$51.04	$48.00	51.7%	5.2%	10.3%	95.0%	0.0%	0.0%	0.5%	952	-422.8K	-1.3K	0.45	115.19	96	43	133	73
2022-04-13	$51.41	$48.00	25.5%	7.3%	10.3%	32.6%	0.0%	1.8%	-6.8%	3.4K	-418.2K	-1.2K	0.45	126.99	96	43	132	83
2022-04-14	$51.65	$48.00	17.1%	4.9%	9.4%	12.6%	0.0%	5.0%	2.7%	1.8K	-463.4K	-1.1K	0.45	116.93	96	43	132	93
2022-04-18	$51.31	$48.00	20.6%	5.9%	9.7%	20.9%	15.6%	10.7%	-3.2%	11.0K	-407.9K	-1.4K	0.28	115.46	87	24	127	70
2022-04-19	$51.57	$52.00	20.7%	5.9%	9.6%	21.2%	19.1%	9.4%	-3.2%	10.9K	-450.4K	-1.1K	0.28	122.75	87	24	127	74
2022-04-20	$51.96	$52.00	19.5%	5.6%	9.6%	18.4%	19.5%	10.9%	2.4%	9.6K	-473.5K	-1.1K	0.15	124.27	157	24	127	84
2022-04-21	$51.29	$52.00	17.2%	4.9%	11.0%	12.8%	11.1%	5.3%	2.3%	19.1K	-523.6K	-1.8K	0.15	127.45	162	24	167	84
2022-04-22	$50.69	$52.00	19.5%	5.6%	11.8%	18.4%	17.8%	9.6%	1.3%	15.6K	-450.8K	-2.1K	0.15	126.39	162	24	172	84
2022-04-25	$50.28	$52.00	19.1%	5.5%	11.2%	17.5%	18.9%	2.9%	3.5%	16.1K	-429.1K	-1.9K	0.15	121.58	162	24	172	84
2022-04-26	$49.70	$52.00	22.4%	6.4%	11.9%	25.3%	24.5%	-1.4%	3.8%	13.8K	-387.3K	-2.0K	0.15	119.73	162	24	172	84
2022-04-27	$49.76	$52.00	22.1%	6.3%	11.2%	24.6%	0.0%	3.9%	1.5%	14.9K	-415.3K	-1.9K	0.00	129.28	0	0	172	84
2022-04-28	$50.26	$52.00	18.3%	5.2%	11.6%	15.4%	23.3%	3.3%	4.1%	18.4K	-440.8K	-1.7K	0.15	130.05	162	24	172	84
2022-04-29	$49.18	$52.00	22.3%	6.4%	13.8%	24.9%	24.5%	5.5%	2.2%	14.5K	-375.4K	-1.9K	0.15	134.36	162	24	172	84