IGF Options History — June 2024

In June 2024, IGF traded between $47.67 and $50.17. ATM implied volatility averaged 22.3%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 8.8% (HV 20d: 13.5%). Max pain ranged from $45.00 to $51.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2024-06-04: Highest Volume — 175 contracts
  • 2024-06-12: Largest IV drop — 38.5% change
  • 2024-06-10: Highest IV Rank — 25.7%
  • 2024-06-05: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.74$47.67$50.17$49.94$47.91
Max Pain$47.00$45.00$51.00$51.00$47.00
ATM IV22.3%17.8%30.2%25.3%21.2%
Expected Move5.8%5.0%7.3%7.2%6.1%
HV 20d13.5%10.6%15.5%11.1%14.4%
HV 60d12.2%11.0%12.9%11.0%12.9%
IV Rank16.7%11.6%25.7%20.1%15.5%
IV Percentile32.5%14.3%52.4%42.5%33.7%
Term Structure-5.1%-8.7%-3.4%-8.0%-4.9%
VWIV13.8%11.3%16.4%11.3%16.4%
Skew 25d-1.5%-13.6%1.5%-13.6%0.9%
Skew 10d-2.2%-15.1%1.7%-12.2%-9.4%
Call IV 25d22.1%18.9%29.1%27.5%24.2%
Put IV 25d20.6%10.9%25.7%13.9%25.1%
Bid-Ask Spread %153.38149.22159.28159.28149.22
Gamma HHI0.420.260.620.580.62
Net GEX-1.4K-12.1K8.2K7.0K8.2K
Net DEX-105.7K-234.3K843-234.3K-81.9K
Net VEX-376-488-301-339-314
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume9.7370175100
Total OI162.474352486335

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$49.94$51.0025.3%7.2%11.1%20.1%11.3%-13.6%-8.0%7.0K-234.3K-3390.00159.28010603
2024-06-04$50.05$48.0025.4%7.3%11.1%20.3%16.4%-2.5%-8.5%2.7K-227.7K-3480.00158.5501756013
2024-06-05$50.17$48.0025.6%7.3%10.9%20.5%0.0%-3.3%-8.7%887-232.3K-3420.00157.670060188
2024-06-06$50.16$45.0026.1%5.0%10.6%21.1%0.0%-0.5%-3.5%753-231.5K-3400.00153.140060188
2024-06-07$49.53$45.0028.4%5.3%10.8%23.7%0.0%-1.1%-4.0%-2.2K-206.7K-3900.00154.030060188
2024-06-10$49.69$45.0030.2%5.3%10.8%25.7%0.0%-0.4%-3.9%-1.5K-217.3K-3550.00151.280060188
2024-06-11$48.34$47.0028.9%5.2%14.5%24.3%0.0%1.3%-5.5%-8.3K-32.9K-4880.00154.120035188
2024-06-12$48.41$47.0017.8%5.1%14.4%11.6%0.0%1.0%-5.6%-7.8K-38.3K-4740.00153.330035188
2024-06-13$48.44$47.0018.0%5.2%14.0%11.9%0.0%1.4%-5.8%-7.4K-40.8K-4550.00152.560035188
2024-06-14$47.94$47.0018.1%5.2%14.3%11.9%0.0%1.3%-5.2%-10.4K-14.3K-4820.00153.300035188
2024-06-17$47.67$47.0018.8%5.4%14.3%12.7%0.0%0.9%-5.7%-12.1K843-4590.00155.060035188
2024-06-18$48.10$47.0018.9%5.4%14.9%12.9%0.0%1.5%-5.3%-8.9K-26.4K-4090.00153.210035188
2024-06-20$48.32$47.0019.7%5.7%15.0%13.8%0.0%1.3%-3.6%-7.2K-40.0K-3660.00153.310035188
2024-06-21$48.14$47.0019.5%5.6%14.9%13.5%0.0%0.4%-3.4%-10.7K-22.9K-3360.00152.400035188
2024-06-24$48.73$47.0019.3%5.5%15.2%13.3%0.0%-10.9%-3.6%6.8K-98.1K-3010.00152.9700323
2024-06-25$48.50$47.0021.6%6.2%15.2%15.9%0.0%0.7%-5.5%7.2K-93.7K-3080.00149.9100323
2024-06-26$48.02$47.0020.8%6.0%15.5%15.0%0.0%0.8%-3.5%7.8K-85.6K-3150.00150.9700323
2024-06-27$48.06$47.0020.4%5.9%15.1%14.6%0.0%-8.2%-3.6%7.8K-84.9K-3140.00149.9200323
2024-06-28$47.91$47.0021.2%6.1%14.4%15.5%0.0%0.9%-4.9%8.2K-81.9K-3140.00149.2200323