IGF Options History — July 2023

In July 2023, IGF traded between $46.33 and $48.03. ATM implied volatility averaged 34.8%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 21.7% (HV 20d: 13.1%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-27: Highest Volume — 4 contracts
  • 2023-07-10: Largest IV spike — 337.1% change
  • 2023-07-10: Highest IV Rank — 33.5%
  • 2023-07-05: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.37$46.33$48.03$47.22$47.73
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV34.8%12.1%53.1%20.2%39.2%
Expected Move9.4%5.8%12.0%5.8%11.2%
HV 20d13.1%11.8%14.9%12.4%12.1%
HV 60d12.0%11.2%12.4%11.2%11.9%
IV Rank18.2%0.0%33.5%4.0%22.2%
IV Percentile49.2%0.0%94.4%3.6%70.6%
Term Structure-3.3%-16.3%11.9%-2.1%6.9%
Skew 25d15.2%-17.2%55.1%55.1%45.4%
Skew 10d12.1%-20.9%57.0%29.2%57.0%
Call IV 25d21.2%8.5%32.7%15.9%30.1%
Put IV 25d36.4%3.1%79.3%71.0%75.4%
Bid-Ask Spread %148.04120.30165.20146.81159.83
Gamma HHI0.690.350.860.690.35
Net GEX3.2K1.4K7.6K3.8K2.4K
Net DEX-38.9K-59.3K-23.3K-41.9K-33.9K
Net VEX-131-150-112-149-138
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.350400
Total OI15.310171714

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$47.22$47.0020.2%5.8%12.4%4.0%0.0%55.1%-2.1%3.8K-41.9K-1490.00146.8100170
2023-07-05$46.97$47.0041.8%12.0%12.4%22.2%0.0%46.6%-4.9%3.0K-40.8K-1500.00165.2000170
2023-07-06$46.33$0.0045.5%8.4%13.0%25.3%0.0%19.9%-3.1%2.7K-36.6K-1460.00160.0100170
2023-07-07$46.61$0.0012.1%9.1%12.6%0.0%0.0%-15.4%-12.5%5.3K-35.9K-1450.00121.6500170
2023-07-10$46.42$0.0053.1%9.3%12.6%33.5%0.0%-1.3%-10.1%2.9K-36.6K-1420.00149.5800170
2023-07-11$46.92$0.0052.7%9.4%13.2%33.2%0.0%-17.2%-15.1%2.9K-40.7K-1420.00150.1700170
2023-07-12$47.63$0.0031.4%9.0%14.1%15.7%0.0%-5.4%-14.4%4.5K-47.3K-1390.00126.1700170
2023-07-13$48.03$0.0031.1%8.9%14.4%15.5%0.0%-8.5%-8.6%4.1K-50.1K-1310.00143.6300170
2023-07-14$47.53$0.0028.8%8.3%14.9%13.6%0.0%14.3%-3.4%3.6K-44.9K-1380.00162.2300170
2023-07-17$47.38$0.0035.4%10.1%14.6%19.0%0.0%20.9%-16.3%4.0K-44.1K-1310.00152.6900170
2023-07-18$47.28$0.0030.5%8.8%14.5%15.0%0.0%19.5%-4.0%7.6K-44.6K-1280.00120.3000170
2023-07-19$47.41$0.0034.1%9.8%13.9%18.0%0.0%-8.8%-4.9%3.8K-43.0K-1240.00156.9000170
2023-07-20$47.58$0.0026.5%7.6%13.9%11.8%0.0%43.0%5.7%3.5K-45.8K-1240.00152.9400170
2023-07-21$47.92$0.0033.6%9.6%13.6%17.5%0.0%23.3%-1.8%1.4K-59.3K-1140.00156.7000170
2023-07-24$47.88$0.0032.8%9.4%11.9%16.9%0.0%-4.0%-6.1%1.6K-26.6K-1150.00144.4900100
2023-07-25$47.70$0.0036.8%10.5%11.8%20.2%0.0%13.3%-0.1%1.4K-23.3K-1140.00132.5200100
2023-07-26$48.00$0.0033.9%9.7%11.8%17.8%0.0%49.2%11.9%1.5K-26.1K-1120.00147.3600100
2023-07-27$47.48$0.0038.6%11.1%12.4%21.6%0.0%23.9%7.6%1.5K-25.5K-1150.00157.1740100
2023-07-28$47.41$0.0038.4%11.0%12.4%21.5%0.0%-9.5%8.5%2.5K-30.1K-1290.00154.5330140
2023-07-31$47.73$0.0039.2%11.2%12.1%22.2%0.0%45.4%6.9%2.4K-33.9K-1380.00159.8300140