IGF Options History — September 2024

In September 2024, IGF traded between $52.02 and $54.55. ATM implied volatility averaged 20.2%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 10.9% (HV 20d: 9.3%). Max pain ranged from $48.00 to $52.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.50.

Notable Days

2024-09-30: Highest Volume — 6 contracts
2024-09-18: Largest IV spike — 35.1% change
2024-09-10: Highest IV Rank — 23.8%
2024-09-04: Largest Expected Move — 6.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.37	$52.02	$54.55	$52.02	$54.28
Max Pain	$48.40	$48.00	$52.00	$52.00	$48.00
ATM IV	20.2%	16.4%	28.5%	21.7%	20.2%
Expected Move	5.3%	4.7%	6.9%	6.2%	5.8%
HV 20d	9.3%	8.8%	9.9%	9.8%	9.2%
HV 60d	11.4%	10.8%	13.0%	13.0%	10.9%
IV Rank	14.3%	10.0%	23.8%	16.1%	14.4%
IV Percentile	33.7%	9.5%	67.9%	46.0%	42.1%
Term Structure	-1.7%	-7.1%	5.1%	-5.7%	-2.4%
VWIV	34.8%	34.8%	34.8%	34.8%	34.8%
Skew 25d	0.5%	-7.1%	2.1%	0.9%	1.7%
Skew 10d	0.3%	-12.9%	6.4%	4.7%	1.1%
Call IV 25d	20.8%	17.3%	32.5%	24.7%	23.2%
Put IV 25d	21.3%	11.1%	33.8%	25.5%	24.9%
Bid-Ask Spread %	144.86	134.36	161.08	161.08	134.36
Gamma HHI	0.47	0.38	0.63	0.48	0.51
Net GEX	304	-1.2K	1.3K	1.2K	205
Net DEX	-130.9K	-147.5K	-113.8K	-113.8K	-146.3K
Net VEX	-86	-142	-39	-142	-39
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.50	0.00	3.00	3.00	0.00
Total Volume	0.5	0	6	0	6
Total OI	35.3	33	38	36	33

Daily Data (20 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
2024-09-03	$52.02	$52.00	21.7%	6.2%	9.8%	16.1%	0.0%	0.9%	-5.7%	1.2K	-113.8K	-142	0.00	161.08	0	0	28	8
2024-09-04	$52.42	$52.00	23.9%	6.9%	9.0%	18.6%	0.0%	1.2%	-7.1%	878	-118.5K	-130	0.00	160.81	0	0	28	8
2024-09-05	$52.58	$48.00	22.2%	4.7%	9.0%	16.6%	0.0%	0.5%	-1.3%	631	-120.2K	-127	0.00	145.84	0	0	28	8
2024-09-06	$52.09	$48.00	23.9%	5.0%	9.8%	18.6%	0.0%	1.8%	-0.5%	1.2K	-113.9K	-139	0.00	141.81	0	0	28	8
2024-09-09	$52.39	$48.00	28.2%	5.2%	9.9%	23.5%	0.0%	1.5%	-3.3%	926	-117.6K	-122	0.00	145.09	0	0	28	8
2024-09-10	$52.36	$48.00	28.5%	5.3%	9.9%	23.8%	0.0%	1.9%	-3.6%	717	-117.1K	-121	0.00	145.82	0	0	28	8
2024-09-11	$52.45	$48.00	18.5%	5.3%	9.1%	12.4%	0.0%	-1.0%	-3.2%	734	-119.1K	-118	0.00	144.81	0	0	28	8
2024-09-12	$52.92	$48.00	16.9%	4.8%	9.4%	10.6%	0.0%	2.1%	-1.9%	299	-124.8K	-104	0.00	144.44	0	0	28	8
2024-09-13	$53.30	$48.00	18.0%	5.2%	9.6%	11.8%	0.0%	2.0%	-3.6%	80	-129.6K	-91	0.00	143.13	0	0	28	8
2024-09-16	$53.78	$48.00	17.0%	4.9%	9.8%	10.7%	0.0%	-7.1%	-2.2%	-683	-138.0K	-56	0.00	144.22	0	0	28	8
2024-09-17	$53.81	$48.00	16.5%	4.7%	9.4%	10.1%	0.0%	1.6%	-1.2%	-754	-138.4K	-55	0.00	140.72	0	0	28	8
2024-09-18	$53.63	$48.00	22.3%	6.4%	9.2%	16.7%	34.8%	1.3%	3.6%	1.1K	-123.3K	-102	3.00	144.51	1	3	28	8
2024-09-19	$53.58	$48.00	16.9%	4.8%	9.2%	10.5%	0.0%	1.1%	-1.8%	-926	-133.3K	-75	0.00	145.59	0	0	28	10
2024-09-20	$53.88	$48.00	16.7%	4.8%	9.1%	10.4%	0.0%	1.7%	-1.5%	-1.2K	-137.9K	-57	0.00	142.69	0	0	28	10
2024-09-23	$54.46	$48.00	16.4%	4.7%	8.8%	10.0%	0.0%	1.5%	1.5%	-38	-147.3K	-40	0.00	142.17	0	0	28	5
2024-09-24	$54.52	$48.00	17.8%	5.1%	8.8%	11.6%	0.0%	0.5%	-2.2%	172	-147.0K	-43	0.00	139.22	0	0	28	5
2024-09-25	$54.17	$48.00	17.5%	5.0%	8.9%	11.2%	0.0%	-5.1%	-0.5%	277	-145.2K	-48	0.00	138.02	0	0	28	5
2024-09-26	$54.29	$48.00	20.9%	6.0%	8.9%	15.1%	0.0%	0.7%	5.1%	1.3K	-139.4K	-77	0.00	151.94	0	0	28	5
2024-09-27	$54.55	$48.00	19.0%	5.5%	8.9%	13.0%	0.0%	1.1%	-3.1%	16	-147.5K	-40	0.00	141.01	0	0	28	5
2024-09-30	$54.28	$48.00	20.2%	5.8%	9.2%	14.4%	0.0%	1.7%	-2.4%	205	-146.3K	-39	0.00	134.36	6	0	28	5