IGF Options History — December 2022

In December 2022, IGF traded between $45.50 and $48.20. ATM implied volatility averaged 46.5%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 29.4% (HV 20d: 17.1%). Max pain ranged from $40.00 to $44.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2022-12-29: Highest Volume — 46 contracts
2022-12-14: Largest IV drop — 65.6% change
2022-12-13: Highest IV Rank — 66.8%
2022-12-02: Largest Expected Move — 13.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.70	$45.50	$48.20	$48.20	$45.88
Max Pain	$41.71	$40.00	$44.00	$40.00	$44.00
ATM IV	46.5%	21.5%	94.5%	45.3%	38.7%
Expected Move	9.9%	6.2%	13.1%	13.0%	11.1%
HV 20d	17.1%	14.3%	21.3%	20.6%	15.1%
HV 60d	37.5%	19.7%	72.0%	72.0%	19.7%
IV Rank	26.9%	6.0%	66.8%	25.8%	20.4%
IV Percentile	87.9%	23.8%	99.6%	96.4%	88.5%
Term Structure	-0.5%	-10.3%	14.4%	-10.3%	14.4%
VWIV	44.7%	13.6%	114.7%	114.7%	24.2%
Skew 25d	27.2%	4.5%	50.1%	4.5%	41.4%
Skew 10d	12.7%	-13.6%	57.1%	57.1%	-10.4%
Call IV 25d	27.3%	14.3%	41.4%	37.3%	31.4%
Put IV 25d	54.5%	30.5%	91.5%	41.8%	72.8%
Bid-Ask Spread %	142.79	135.03	151.61	151.61	142.14
Gamma HHI	0.31	0.21	0.38	0.35	0.21
Net GEX	5.9K	-367	11.0K	10.7K	814
Net DEX	-126.4K	-187.3K	-64.8K	-187.3K	-64.8K
Net VEX	-656	-761	-600	-674	-761
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	5.81	0	46	8	0
Total OI	92.667	79	149	79	149

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	Put Vol	Call OI	Put OI
2022-12-01	$48.20	$40.00	45.3%	13.0%	20.6%	25.8%	114.7%	4.5%	-10.3%	10.7K	-187.3K	-674	151.61	0	8	70	9
2022-12-02	$47.82	$40.00	45.6%	13.1%	21.0%	26.1%	26.2%	50.1%	0.5%	10.7K	-162.3K	-627	148.85	0	2	70	9
2022-12-05	$47.19	$40.00	54.0%	8.7%	21.3%	33.0%	0.0%	18.1%	-4.2%	8.5K	-152.8K	-666	143.88	0	0	70	10
2022-12-06	$47.08	$40.00	55.4%	8.1%	21.2%	34.3%	0.0%	16.3%	-2.4%	11.0K	-156.7K	-635	146.75	0	0	70	10
2022-12-07	$47.05	$40.00	55.8%	8.6%	21.1%	34.6%	0.0%	21.2%	-6.6%	10.3K	-147.7K	-620	140.11	0	0	70	10
2022-12-08	$47.24	$40.00	61.8%	9.0%	20.1%	39.6%	0.0%	25.2%	-7.0%	8.5K	-161.7K	-660	149.05	0	0	70	10
2022-12-09	$47.05	$40.00	65.2%	7.8%	14.6%	42.4%	0.0%	28.1%	1.2%	9.1K	-154.4K	-641	145.81	0	0	70	10
2022-12-12	$47.55	$40.00	71.4%	8.0%	14.7%	47.5%	0.0%	36.7%	-3.3%	8.9K	-173.3K	-674	149.13	0	0	70	10
2022-12-13	$47.62	$40.00	94.5%	9.0%	14.3%	66.8%	0.0%	16.5%	-0.0%	7.7K	-167.3K	-641	139.67	0	0	70	10
2022-12-14	$47.40	$40.00	32.5%	9.3%	14.3%	15.2%	0.0%	28.1%	-1.3%	8.1K	-164.3K	-657	147.11	40	0	70	10
2022-12-15	$46.55	$40.00	35.4%	10.1%	15.9%	17.5%	0.0%	25.2%	1.6%	7.4K	-138.5K	-620	135.03	0	0	70	10
2022-12-16	$45.95	$40.00	38.6%	11.1%	16.1%	20.2%	13.6%	19.5%	0.1%	6.6K	-126.8K	-600	143.64	0	25	70	10
2022-12-19	$45.50	$44.00	33.5%	9.6%	16.0%	16.0%	0.0%	0.0%	-1.5%	3.0K	-81.4K	-713	141.66	0	1	70	34
2022-12-20	$45.72	$44.00	21.5%	6.2%	16.1%	6.0%	0.0%	27.5%	8.8%	-85	-80.7K	-642	138.40	0	0	70	35
2022-12-21	$46.18	$44.00	33.4%	9.6%	16.1%	15.9%	0.0%	21.1%	10.4%	1.6K	-86.8K	-670	140.28	0	0	70	35
2022-12-22	$45.70	$44.00	36.3%	10.4%	16.0%	18.4%	0.0%	26.4%	-4.2%	1.2K	-72.3K	-670	136.24	0	0	70	35
2022-12-23	$46.30	$44.00	39.0%	11.2%	16.6%	20.6%	0.0%	23.2%	-6.9%	1.7K	-89.6K	-653	137.90	0	0	70	35
2022-12-27	$46.55	$44.00	37.9%	10.9%	16.2%	19.7%	0.0%	31.8%	0.9%	-367	-106.0K	-601	141.59	0	0	70	35
2022-12-28	$45.88	$44.00	40.3%	11.6%	16.9%	21.7%	0.0%	39.6%	-4.5%	3.0K	-83.1K	-668	135.90	0	0	70	35
2022-12-29	$46.34	$44.00	41.2%	11.8%	15.2%	22.4%	24.2%	43.8%	2.9%	5.3K	-97.0K	-679	143.86	0	46	70	35
2022-12-30	$45.88	$44.00	38.7%	11.1%	15.1%	20.4%	0.0%	41.4%	14.4%	814	-64.8K	-761	142.14	0	0	70	79