IGF Options History — April 2024

In April 2024, IGF traded between $45.36 and $47.93. ATM implied volatility averaged 18.6%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 7.8% (HV 20d: 10.8%). Max pain ranged from $42.00 to $48.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.00.

Notable Days

2024-04-22: Highest Volume — 242 contracts
2024-04-04: Largest IV spike — 135.3% change
2024-04-30: Highest IV Rank — 18.5%
2024-04-30: Largest Expected Move — 6.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.03	$45.36	$47.93	$47.52	$47.42
Max Pain	$44.00	$42.00	$48.00	$48.00	$42.00
ATM IV	18.6%	9.2%	23.8%	10.0%	23.8%
Expected Move	5.4%	2.9%	6.8%	2.9%	6.8%
HV 20d	10.8%	8.3%	13.2%	8.7%	13.2%
HV 60d	11.4%	10.8%	11.7%	11.4%	11.7%
IV Rank	12.5%	1.8%	18.5%	2.7%	18.5%
IV Percentile	19.0%	0.4%	33.7%	1.6%	33.7%
Term Structure	-0.6%	-6.2%	12.7%	7.0%	-3.8%
VWIV	14.2%	14.2%	14.2%	14.2%	14.2%
Skew 25d	-0.7%	-16.7%	8.8%	6.9%	-16.7%
Skew 10d	2.7%	-19.3%	15.2%	2.1%	-19.3%
Call IV 25d	20.6%	14.3%	25.8%	14.3%	25.8%
Put IV 25d	19.9%	9.1%	25.3%	21.2%	9.1%
Bid-Ask Spread %	162.47	144.43	171.05	144.43	161.72
Gamma HHI	0.51	0.36	0.69	0.66	0.36
Net GEX	32.6K	12.6K	51.4K	47.4K	28.3K
Net DEX	-209.6K	-258.2K	-136.5K	-235.6K	-215.6K
Net VEX	-781	-988	-629	-814	-813
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	1.00	1.00	1.00	1.00
Total Volume	11	0	242	0	0
Total OI	156.682	60	302	105	302

Daily Data (22 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
2024-04-01	$47.52	$48.00	10.0%	2.9%	8.7%	2.7%	0.0%	6.9%	7.0%	47.4K	-235.6K	-814	0.00	144.43	0	0	105	0
2024-04-02	$47.45	$48.00	23.5%	6.7%	8.8%	18.1%	0.0%	8.8%	-6.2%	44.4K	-230.3K	-808	0.00	146.57	0	0	105	0
2024-04-03	$47.70	$48.00	10.1%	2.9%	8.8%	2.8%	0.0%	5.4%	6.9%	51.1K	-252.7K	-814	0.00	146.46	0	0	105	0
2024-04-04	$47.42	$0.00	23.7%	5.1%	8.5%	18.4%	0.0%	0.9%	-2.6%	44.5K	-224.2K	-795	0.00	171.05	0	0	105	0
2024-04-05	$47.44	$0.00	22.8%	5.2%	8.3%	17.3%	0.0%	1.8%	-2.6%	46.2K	-222.0K	-787	0.00	170.09	0	0	105	0
2024-04-08	$47.61	$0.00	9.2%	4.9%	8.3%	1.8%	0.0%	1.0%	-2.4%	51.4K	-236.2K	-770	0.00	170.57	0	0	105	0
2024-04-09	$47.69	$0.00	10.1%	5.0%	8.3%	2.7%	0.0%	-9.2%	-2.4%	50.6K	-247.4K	-767	0.00	169.53	0	0	105	0
2024-04-10	$46.94	$0.00	18.2%	5.2%	10.3%	12.0%	0.0%	-6.8%	-3.0%	26.9K	-221.7K	-774	0.00	169.68	0	0	105	0
2024-04-11	$46.84	$0.00	15.3%	4.4%	10.1%	8.7%	0.0%	1.9%	2.0%	27.4K	-213.4K	-760	0.00	165.64	0	0	105	0
2024-04-12	$46.26	$0.00	19.6%	5.6%	10.3%	13.7%	0.0%	1.6%	-2.4%	23.9K	-182.2K	-734	0.00	169.07	0	0	105	0
2024-04-15	$45.78	$0.00	20.0%	5.7%	10.9%	14.1%	0.0%	-0.8%	-3.5%	21.6K	-154.4K	-669	0.00	165.46	0	0	105	0
2024-04-16	$45.36	$0.00	21.8%	6.2%	11.4%	16.1%	0.0%	1.7%	-5.1%	19.6K	-136.5K	-635	0.00	168.40	0	0	105	0
2024-04-17	$45.80	$0.00	20.0%	5.7%	12.0%	14.1%	0.0%	1.7%	-3.6%	21.8K	-154.2K	-648	0.00	165.84	0	0	105	0
2024-04-18	$46.03	$0.00	20.3%	5.8%	11.5%	14.4%	0.0%	1.5%	12.7%	22.9K	-163.2K	-653	0.00	166.54	0	0	105	0
2024-04-19	$46.41	$0.00	22.1%	6.3%	11.9%	16.5%	0.0%	1.8%	-2.5%	25.2K	-183.0K	-640	0.00	164.07	0	0	105	0
2024-04-22	$46.83	$0.00	15.3%	4.4%	12.4%	8.7%	14.2%	1.4%	7.7%	12.6K	-151.7K	-629	1.00	157.24	121	121	60	0
2024-04-23	$47.44	$42.00	19.0%	5.4%	13.1%	12.9%	0.0%	-12.1%	-0.2%	29.0K	-219.8K	-876	0.00	159.68	0	0	181	121
2024-04-24	$47.45	$42.00	21.8%	6.2%	13.0%	16.1%	0.0%	-0.3%	-3.1%	28.9K	-229.3K	-952	0.00	160.85	0	0	181	121
2024-04-25	$47.67	$42.00	20.5%	5.9%	12.5%	14.6%	0.0%	2.1%	-2.5%	30.4K	-245.4K	-988	0.00	158.61	0	0	181	121
2024-04-26	$47.58	$42.00	20.4%	5.9%	12.4%	14.6%	0.0%	0.8%	-2.3%	29.5K	-233.9K	-944	0.00	160.20	0	0	181	121
2024-04-29	$47.93	$42.00	21.4%	6.1%	12.6%	15.7%	0.0%	-9.6%	-1.8%	33.1K	-258.2K	-918	0.00	162.60	0	0	181	121
2024-04-30	$47.42	$42.00	23.8%	6.8%	13.2%	18.5%	0.0%	-16.7%	-3.8%	28.3K	-215.6K	-813	0.00	161.72	0	0	181	121