IGF Options History — May 2024

In May 2024, IGF traded between $47.64 and $50.64. ATM implied volatility averaged 24.2%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 13.4% (HV 20d: 10.8%). Max pain ranged from $42.00 to $52.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-10: Highest Volume — 121 contracts
  • 2024-05-15: Largest IV drop — 56.9% change
  • 2024-05-14: Highest IV Rank — 41.4%
  • 2024-05-03: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.67$47.64$50.64$47.64$50.20
Max Pain$50.06$42.00$52.00$42.00$51.00
ATM IV24.2%18.8%43.9%22.1%24.3%
Expected Move5.8%4.9%7.2%6.3%7.0%
HV 20d10.8%8.1%13.7%13.2%10.9%
HV 60d10.8%10.1%11.7%11.6%11.0%
IV Rank18.9%12.8%41.4%16.6%19.0%
IV Percentile35.1%19.0%78.2%29.0%39.7%
Term Structure-4.2%-6.2%-0.9%-5.7%-3.6%
VWIV17.4%15.3%19.4%19.4%15.3%
Skew 25d-1.3%-17.1%6.5%1.2%-1.8%
Skew 10d-0.8%-18.0%15.0%0.1%-5.5%
Call IV 25d21.4%17.4%26.4%26.4%25.5%
Put IV 25d20.1%8.9%27.6%27.6%23.8%
Bid-Ask Spread %157.95148.52165.66148.52155.70
Gamma HHI0.540.360.770.370.59
Net GEX30.7K5.0K70.7K30.2K6.7K
Net DEX-318.7K-477.4K-204.4K-230.7K-240.3K
Net VEX-534-838-284-836-330
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.591012100
Total OI198.56330330263

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$47.64$42.0022.1%6.3%13.2%16.6%0.0%1.2%-5.7%30.2K-230.7K-8360.00148.5200181121
2024-05-02$48.14$42.0022.8%6.5%13.5%17.2%0.0%-17.1%-5.3%36.4K-260.5K-8130.00151.9600181121
2024-05-03$48.45$42.0025.0%7.2%13.6%19.8%0.0%6.5%-5.3%40.5K-298.8K-8380.00151.7800181121
2024-05-06$48.67$0.0024.7%5.4%13.6%19.4%0.0%-2.3%-0.9%42.5K-319.9K-8140.00162.9300181121
2024-05-07$48.95$0.0023.9%5.2%13.7%18.6%0.0%-0.6%-3.1%47.0K-339.1K-7910.00165.6600181121
2024-05-08$49.39$0.0025.4%4.9%12.4%20.2%0.0%0.7%-3.1%55.3K-374.8K-7370.00162.6900181121
2024-05-09$49.95$0.0025.4%4.9%12.6%20.2%19.4%0.2%-2.8%70.7K-424.6K-6880.00159.5310181121
2024-05-10$50.11$52.0029.3%5.1%11.2%24.7%0.0%-1.4%-3.2%59.7K-477.4K-6980.00161.821210182121
2024-05-13$50.05$52.0037.6%5.3%10.0%34.2%0.0%-1.4%-3.3%46.7K-413.9K-5750.00159.8400153121
2024-05-14$50.25$52.0043.9%5.6%8.6%41.4%0.0%-0.4%-4.9%48.0K-429.8K-5440.00158.9900153121
2024-05-15$50.61$52.0018.9%5.4%8.5%12.9%0.0%-1.2%-4.0%45.0K-474.7K-4570.00159.9005153121
2024-05-16$50.55$52.0019.2%5.5%8.8%13.1%0.0%-1.5%-3.8%42.2K-457.0K-4620.00159.0710153126
2024-05-17$50.64$52.0018.8%5.4%8.7%12.8%0.0%-1.2%-3.4%46.7K-446.9K-3550.00159.2100150126
2024-05-20$50.59$52.0019.9%5.7%8.8%14.0%0.0%-1.6%-3.9%5.4K-248.8K-2840.00159.6200585
2024-05-21$50.61$52.0019.8%5.7%8.1%13.8%0.0%-1.6%-4.3%5.0K-241.4K-3250.00158.4100585
2024-05-22$50.20$52.0020.6%5.9%9.0%14.8%0.0%-2.1%-6.2%5.5K-232.8K-3400.00154.18110585
2024-05-23$49.59$52.0020.6%5.9%10.5%14.8%15.3%2.7%-4.6%7.4K-218.2K-3710.00159.0320585
2024-05-24$49.78$51.0021.0%6.0%10.4%15.2%0.0%2.8%-5.0%7.5K-226.3K-3650.00158.6300605
2024-05-28$49.67$51.0022.4%6.4%10.3%16.8%0.0%-3.0%-5.7%6.7K-223.3K-3590.00155.4800605
2024-05-29$49.11$51.0023.2%6.6%10.4%17.7%0.0%-2.4%-5.9%12.3K-204.4K-4090.00157.4704605
2024-05-30$49.64$51.0023.0%6.6%10.9%17.6%0.0%-2.9%-5.5%8.8K-227.5K-3580.00154.4200603
2024-05-31$50.20$51.0024.3%7.0%10.9%19.0%0.0%-1.8%-3.6%6.7K-240.3K-3300.00155.7000603