IGF Options History — July 2022

In July 2022, IGF traded between $45.60 and $48.47. ATM implied volatility averaged 32.0%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 10.4% (HV 20d: 21.6%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.15.

Notable Days

2022-07-01: Highest Volume — 186 contracts
2022-07-13: Largest IV drop — 55.4% change
2022-07-12: Highest IV Rank — 100.0%
2022-07-18: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.56	$45.60	$48.47	$47.41	$48.47
Max Pain	$44.00	$44.00	$44.00	$44.00	$44.00
ATM IV	32.0%	20.7%	59.5%	31.0%	28.2%
Expected Move	7.8%	5.9%	9.3%	8.9%	8.1%
HV 20d	21.6%	18.0%	27.9%	26.1%	18.5%
HV 60d	22.1%	21.2%	22.4%	21.2%	22.0%
IV Rank	44.4%	18.6%	100.0%	45.8%	34.4%
IV Percentile	83.9%	46.8%	100.0%	90.9%	81.0%
Term Structure	-1.7%	-16.6%	14.6%	-0.7%	-1.2%
VWIV	23.3%	23.3%	23.3%	23.3%	23.3%
Skew 25d	9.1%	-2.1%	23.6%	20.6%	2.1%
Skew 10d	14.3%	-9.7%	31.7%	0.7%	7.9%
Call IV 25d	24.1%	13.1%	30.4%	26.0%	28.9%
Put IV 25d	33.2%	21.5%	46.6%	46.6%	30.9%
Bid-Ask Spread %	131.84	112.59	157.03	130.38	136.84
Gamma HHI	0.25	0.21	0.32	0.21	0.32
Net GEX	1.9K	-5.4K	8.2K	8.2K	6.3K
Net DEX	-19.6K	-75.4K	24.7K	-75.4K	-57.2K
Net VEX	-638	-929	-455	-929	-583
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.15	0.12	0.17	0.12	0.17
Total Volume	127	68	186	186	68
Total OI	141	88	194	194	88

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
2022-07-01	$47.41	$44.00	31.0%	8.9%	26.1%	45.8%	23.3%	20.6%	-0.7%	8.2K	-75.4K	-929	0.12	130.38	166	20	114	80
2022-07-05	$45.94	$0.00	36.8%	7.8%	27.8%	59.6%	0.0%	5.7%	-4.9%	2.6K	-8.1K	-782	0.12	130.45	166	20	114	80
2022-07-06	$45.97	$0.00	37.1%	7.4%	27.8%	60.3%	0.0%	9.6%	-2.9%	-59	15.2K	-717	0.12	120.56	166	20	114	80
2022-07-07	$46.36	$0.00	37.0%	6.9%	27.9%	60.0%	0.0%	23.6%	4.5%	4.2K	-28.8K	-810	0.12	126.92	166	20	114	80
2022-07-08	$46.41	$0.00	36.5%	6.9%	27.9%	58.9%	0.0%	9.5%	0.6%	1.7K	-7.8K	-697	0.12	112.59	166	20	114	80
2022-07-11	$45.98	$0.00	41.5%	7.3%	25.4%	70.8%	0.0%	14.7%	-8.2%	-2.5K	7.4K	-633	0.12	118.20	166	20	114	80
2022-07-12	$45.67	$0.00	59.5%	7.1%	25.3%	100.0%	0.0%	13.4%	-2.8%	-5.3K	24.5K	-581	0.12	125.54	166	20	114	80
2022-07-13	$45.86	$0.00	26.5%	7.6%	20.5%	30.9%	0.0%	12.0%	-1.2%	-4.8K	16.9K	-559	0.12	125.76	166	20	114	80
2022-07-14	$45.60	$0.00	24.5%	7.0%	20.0%	26.6%	0.0%	1.7%	3.4%	-5.4K	24.7K	-619	0.12	138.39	166	20	114	80
2022-07-15	$46.02	$0.00	32.1%	9.2%	20.1%	42.5%	0.0%	4.7%	-0.6%	-747	1.3K	-574	0.12	138.19	166	20	114	80
2022-07-18	$45.99	$0.00	32.3%	9.3%	18.2%	42.9%	0.0%	-2.1%	14.6%	3.3K	-38.3K	-593	0.17	141.89	58	10	58	30
2022-07-19	$46.85	$0.00	29.8%	8.5%	19.2%	37.7%	0.0%	16.2%	-3.2%	4.0K	-35.7K	-646	0.17	133.97	58	10	58	30
2022-07-20	$46.34	$0.00	30.8%	8.8%	18.3%	39.8%	0.0%	3.3%	-2.9%	3.3K	-18.5K	-598	0.17	138.16	58	10	58	30
2022-07-21	$46.23	$0.00	26.2%	7.5%	18.2%	30.2%	0.0%	12.3%	-2.5%	3.3K	-27.2K	-603	0.17	126.63	58	10	58	30
2022-07-22	$46.37	$0.00	29.8%	8.5%	18.2%	37.7%	0.0%	-0.4%	-1.7%	3.2K	-33.7K	-577	0.17	133.84	58	10	58	30
2022-07-25	$47.04	$0.00	28.5%	8.2%	18.0%	35.1%	0.0%	7.4%	-16.6%	4.2K	-21.8K	-455	0.17	129.54	58	10	58	30
2022-07-26	$47.05	$0.00	20.7%	5.9%	18.0%	18.6%	0.0%	16.0%	0.0%	4.0K	-44.6K	-631	0.17	132.24	58	10	58	30
2022-07-27	$47.58	$0.00	24.4%	7.0%	18.4%	26.5%	0.0%	7.7%	-4.0%	4.1K	-37.7K	-517	0.17	157.03	58	10	58	30
2022-07-28	$48.08	$0.00	26.4%	7.6%	18.5%	30.7%	0.0%	3.4%	-3.0%	5.7K	-46.5K	-648	0.17	139.74	58	10	58	30
2022-07-29	$48.47	$0.00	28.2%	8.1%	18.5%	34.4%	0.0%	2.1%	-1.2%	6.3K	-57.2K	-583	0.17	136.84	58	10	58	30