IGF Options History — January 2025

In January 2025, IGF traded between $51.95 and $54.81. ATM implied volatility averaged 23.6%, placing in the 36.0% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 9.6% (HV 20d: 14.0%). Max pain ranged from $50.00 to $54.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-01-21: Highest Volume — 10 contracts
  • 2025-01-15: Largest IV drop — 61.4% change
  • 2025-01-14: Highest IV Rank — 99.0%
  • 2025-01-03: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.37$51.95$54.81$52.71$53.20
Max Pain$53.60$50.00$54.00$50.00$54.00
ATM IV23.6%13.9%51.4%22.5%19.9%
Expected Move5.3%4.0%6.6%6.4%5.7%
HV 20d14.0%11.3%15.9%15.6%14.9%
HV 60d13.5%13.0%14.2%13.0%13.9%
IV Rank36.0%14.2%99.0%33.5%27.6%
IV Percentile48.5%2.0%99.2%61.1%39.7%
Term Structure-1.8%-9.8%9.3%-5.9%-4.1%
VWIV19.8%11.7%29.6%29.6%18.1%
Skew 25d1.3%-5.2%6.7%3.4%0.9%
Skew 10d5.4%-9.6%15.6%-1.2%-8.0%
Call IV 25d20.0%12.5%27.6%25.8%22.7%
Put IV 25d21.3%12.5%29.2%29.2%23.6%
Bid-Ask Spread %173.41157.88188.16157.88170.44
Gamma HHI0.480.211.000.280.70
Net GEX2.3K4094.5K4973.9K
Net DEX-13.1K-32.1K-1.1K-3.4K-21.0K
Net VEX-37-72-5-33-56
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.7501020
Total OI14.61181812

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$52.71$50.0022.5%6.4%15.6%33.5%0.0%3.4%-5.9%497-3.4K-330.00157.8820162
2025-01-03$53.07$50.0022.9%6.6%15.9%34.4%29.6%0.8%-6.9%1.0K-3.0K-230.00163.8620142
2025-01-06$53.05$54.0025.1%4.7%14.4%39.5%0.0%0.8%-1.4%1.5K-6.0K-270.00178.7000162
2025-01-07$52.91$54.0035.4%6.3%13.7%62.6%0.0%2.1%-3.5%1.8K-9.2K-370.00188.1600162
2025-01-08$52.66$54.0027.1%4.7%13.6%44.0%0.0%6.7%-2.2%1.1K-4.1K-230.00179.4300162
2025-01-10$52.09$54.0031.7%5.0%13.8%54.3%0.0%1.1%-2.7%691-2.0K-180.00178.7300162
2025-01-13$51.95$54.0038.5%5.2%13.8%69.8%0.0%1.3%-2.7%409-1.1K-130.00180.5400162
2025-01-14$52.69$54.0051.4%5.0%14.8%99.0%0.0%5.3%-2.8%888-3.0K-140.00176.3700162
2025-01-15$53.45$54.0019.9%5.7%15.8%27.6%0.0%1.4%-4.3%1.7K-6.6K-150.00177.8800162
2025-01-16$53.78$54.0016.8%4.8%15.8%20.7%0.0%2.2%9.3%2.0K-8.0K-130.00175.8400162
2025-01-17$54.22$54.0017.3%5.0%13.7%21.8%0.0%-5.2%-1.3%2.1K-7.3K-80.00173.0800162
2025-01-21$54.81$54.0014.2%4.1%11.3%14.8%11.7%0.8%4.3%551-3.9K-50.00163.5510010
2025-01-22$54.13$54.0017.5%5.0%12.6%22.3%18.1%0.2%-3.0%3.8K-26.4K-670.00172.4110110
2025-01-23$54.36$54.0014.4%4.1%12.0%15.3%0.0%0.7%6.9%4.5K-31.0K-720.00171.8700120
2025-01-24$54.48$54.0016.7%4.8%12.0%20.5%0.0%1.3%3.6%4.4K-32.1K-720.00172.3200120
2025-01-27$53.45$54.0022.1%6.3%14.1%32.7%0.0%0.6%-5.6%3.9K-23.8K-630.00169.1300120
2025-01-28$53.27$54.0021.8%6.2%14.2%31.9%0.0%0.5%-9.6%3.7K-22.6K-590.00172.7100120
2025-01-29$53.28$54.0022.2%6.4%14.1%32.9%0.0%1.0%-9.8%3.9K-22.2K-580.00173.8000120
2025-01-30$53.76$54.0013.9%4.0%14.4%14.2%0.0%0.9%6.0%4.4K-25.2K-600.00171.3800120
2025-01-31$53.20$54.0019.9%5.7%14.9%27.6%0.0%0.9%-4.1%3.9K-21.0K-560.00170.4400120