IGF Options History — February 2024

In February 2024, IGF traded between $43.97 and $45.80. ATM implied volatility averaged 20.2%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 7.6% (HV 20d: 12.6%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-02-22: Highest Volume — 61 contracts
  • 2024-02-29: Largest IV spike — 48.2% change
  • 2024-02-05: Highest IV Rank — 18.3%
  • 2024-02-29: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.14$43.97$45.80$45.80$45.64
Max Pain$48.00$48.00$48.00$48.00$48.00
ATM IV20.2%14.1%25.6%22.5%24.2%
Expected Move5.3%3.1%7.0%4.0%7.0%
HV 20d12.6%11.5%13.7%11.7%13.7%
HV 60d14.2%13.3%14.4%14.3%14.2%
IV Rank12.2%5.3%18.3%14.8%16.8%
IV Percentile14.3%4.0%22.6%14.7%22.6%
Term Structure-3.1%-10.3%6.0%0.2%-7.0%
VWIV20.8%16.2%25.4%16.2%25.4%
Skew 25d-2.6%-15.8%1.9%1.8%-15.8%
Skew 10d0.9%-19.1%13.4%6.3%-12.2%
Call IV 25d21.7%15.5%28.0%16.7%28.0%
Put IV 25d19.1%7.2%27.7%18.5%12.3%
Bid-Ask Spread %168.72161.44173.83162.17166.53
Gamma HHI0.650.430.850.740.57
Net GEX12.5K6.2K21.6K10.5K20.7K
Net DEX-74.2K-154.9K-21.0K-39.3K-140.4K
Net VEX-432-895-157-258-829
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.7506100
Total OI66.054710247102

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$45.80$0.0022.5%4.0%11.7%14.8%0.0%1.8%0.2%10.5K-39.3K-2580.00162.1700470
2024-02-02$45.45$0.0024.9%5.3%11.8%17.5%0.0%1.9%0.8%11.0K-39.2K-2560.00172.3800470
2024-02-05$45.08$0.0025.6%5.1%12.0%18.3%0.0%1.3%-1.4%9.2K-29.9K-2050.00173.8300470
2024-02-06$45.34$0.0023.7%3.1%12.0%16.1%0.0%-0.1%6.0%10.2K-29.4K-2050.00171.1400470
2024-02-07$45.14$0.0016.7%4.8%11.9%8.3%0.0%1.8%-1.8%8.9K-27.7K-1840.00163.5700470
2024-02-08$44.73$0.0015.3%4.4%12.0%6.7%0.0%-8.4%-10.3%7.3K-21.0K-1640.00169.5700470
2024-02-09$44.56$0.0017.8%5.1%11.7%9.5%0.0%0.7%-2.8%7.4K-40.6K-2430.00173.1150470
2024-02-12$44.89$0.0014.1%4.0%11.9%5.3%0.0%1.3%0.1%7.6K-21.9K-1570.00173.5900470
2024-02-13$43.97$0.0018.6%5.3%12.0%10.3%16.2%-6.5%-3.1%6.2K-34.8K-2100.00169.2540470
2024-02-14$44.19$48.0019.5%5.6%11.5%11.4%0.0%-4.3%-2.3%6.8K-36.0K-2180.00170.7100490
2024-02-15$44.89$48.0018.3%5.2%13.0%10.0%0.0%1.4%-2.3%8.5K-45.6K-2610.00168.12250490
2024-02-16$44.97$48.0018.6%5.3%13.0%10.4%0.0%1.2%-2.5%13.0K-104.3K-5470.00168.6500740
2024-02-20$45.17$48.0022.4%6.4%13.0%14.7%0.0%-0.4%-3.9%13.2K-107.3K-5340.00161.4400720
2024-02-21$45.53$48.0020.7%5.9%13.3%12.7%0.0%-12.9%-5.0%14.7K-89.7K-4470.00168.3000720
2024-02-22$45.55$48.0018.9%5.4%13.2%10.7%25.4%-13.0%-2.3%14.9K-94.1K-4590.00167.86610720
2024-02-23$45.75$48.0020.5%5.9%13.0%12.5%0.0%1.2%-4.6%21.6K-149.2K-8810.00169.24001020
2024-02-26$45.25$48.0023.1%6.6%13.4%15.4%0.0%-5.6%-6.1%18.6K-149.7K-8950.00165.44001020
2024-02-27$45.49$48.0021.9%6.3%13.6%14.1%0.0%1.1%-8.8%20.8K-129.0K-8070.00169.05001020
2024-02-28$45.34$48.0016.4%4.7%13.6%7.9%0.0%0.7%-4.3%19.1K-154.9K-8830.00170.41001020
2024-02-29$45.64$48.0024.2%7.0%13.7%16.8%0.0%-15.8%-7.0%20.7K-140.4K-8290.00166.53001020