IGF Options History — October 2023

In October 2023, IGF traded between $41.25 and $43.16. ATM implied volatility averaged 56.6%, placing in the 51.7% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 39.1% (HV 20d: 17.5%). Max pain ranged from $46.00 to $47.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-10-09: Highest Volume — 10 contracts
  • 2023-10-10: Largest IV spike — 229.3% change
  • 2023-10-06: Highest IV Rank — 89.6%
  • 2023-10-30: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.06$41.25$43.16$41.95$42.08
Max Pain$46.33$46.00$47.00$47.00$46.00
ATM IV56.6%16.8%89.0%44.8%46.3%
Expected Move15.9%9.3%23.9%12.8%13.3%
HV 20d17.5%15.4%19.1%16.0%15.4%
HV 60d13.8%12.8%14.3%13.2%14.3%
IV Rank51.7%5.4%89.6%38.1%39.8%
IV Percentile80.0%2.0%99.2%81.3%80.2%
Term Structure-1.1%-33.6%18.2%-5.7%-6.1%
VWIV24.0%24.0%24.0%24.0%24.0%
Skew 25d8.8%-34.9%57.1%44.4%-3.3%
Skew 10d0.5%-48.4%69.8%32.8%-25.6%
Call IV 25d28.2%13.5%41.1%35.5%19.2%
Put IV 25d37.0%0.9%87.2%79.8%15.9%
Bid-Ask Spread %158.75143.63169.83156.38164.25
Gamma HHI0.730.501.000.770.73
Net GEX2.1K4459.1K1.1K764
Net DEX-16.9K-36.7K-4.0K-6.6K-7.1K
Net VEX-52-81-29-45-42
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.501000
Total OI15.455723138

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$41.95$47.0044.8%12.8%16.0%38.1%0.0%44.4%-5.7%1.1K-6.6K-450.00156.3800130
2023-10-03$41.55$47.0038.9%11.2%15.9%31.2%0.0%57.1%18.2%966-6.5K-430.00154.8200130
2023-10-04$41.70$47.0043.3%12.4%15.7%36.3%0.0%14.3%-2.9%847-8.1K-520.00150.4400130
2023-10-05$41.25$0.0049.7%10.5%15.5%43.7%0.0%16.1%-11.9%790-6.2K-440.00143.6300130
2023-10-06$41.75$0.0089.0%15.6%16.3%89.6%0.0%23.8%1.4%840-11.3K-540.00160.0100130
2023-10-09$41.95$0.0016.8%9.4%16.3%5.4%0.0%2.2%3.9%445-5.8K-400.00160.32100130
2023-10-10$42.77$0.0055.2%17.0%18.0%50.2%0.0%-3.2%11.0%3.3K-34.3K-730.00156.1000230
2023-10-11$43.16$0.0059.4%17.0%18.5%55.1%0.0%4.7%-22.4%3.1K-36.7K-700.00162.7500230
2023-10-12$42.49$0.0035.4%10.1%18.3%27.1%0.0%29.5%11.7%3.1K-34.9K-810.00162.7200230
2023-10-13$42.53$0.0032.3%9.3%18.3%23.5%0.0%35.8%5.5%3.0K-32.2K-680.00169.8300230
2023-10-16$42.97$0.0065.1%18.7%18.9%61.6%0.0%26.1%-2.0%3.4K-35.2K-590.00154.1900230
2023-10-17$42.80$0.0067.1%19.2%18.9%64.0%0.0%-17.4%-33.6%4.4K-33.7K-500.00152.1000230
2023-10-18$42.23$0.0063.7%18.3%19.1%60.1%0.0%3.7%4.6%6.6K-29.4K-470.00149.2300230
2023-10-19$41.98$0.0037.4%10.7%18.8%29.4%0.0%43.9%-3.8%9.1K-26.3K-450.00168.1400230
2023-10-20$41.68$0.0071.4%20.5%18.8%69.0%0.0%-23.8%-8.2%1.0K-8.2K-490.00160.2300230
2023-10-23$41.61$0.0070.0%20.1%18.8%67.4%24.0%-31.1%-7.5%495-8.9K-510.00156.751070
2023-10-24$41.89$46.0075.9%21.8%17.8%74.3%0.0%-24.1%-1.7%635-8.8K-500.00162.090080
2023-10-25$41.86$46.0076.0%21.8%17.8%74.4%0.0%-7.7%2.5%599-9.1K-520.00163.730080
2023-10-26$41.84$46.0077.5%22.2%17.8%76.2%0.0%-34.9%-3.0%588-9.9K-530.00163.210080
2023-10-27$41.32$46.0045.7%13.1%18.2%39.1%0.0%44.1%13.2%448-4.0K-290.00164.730080
2023-10-30$41.89$46.0083.4%23.9%15.8%82.9%0.0%-6.5%13.3%524-7.8K-440.00156.740080
2023-10-31$42.08$46.0046.3%13.3%15.4%39.8%0.0%-3.3%-6.1%764-7.1K-420.00164.250080