IGF Options History — March 2025

In March 2025, IGF traded between $52.35 and $54.75. ATM implied volatility averaged 21.5%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 8.4% (HV 20d: 13.1%). Max pain ranged from $54.00 to $54.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2025-03-31: Highest Volume — 1 contracts
2025-03-11: Largest IV drop — 31.6% change
2025-03-10: Highest IV Rank — 45.8%
2025-03-13: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.78	$52.35	$54.75	$52.99	$54.75
Max Pain	$54.00	$54.00	$54.00	$54.00	$54.00
ATM IV	21.5%	18.6%	27.9%	22.9%	22.7%
Expected Move	6.1%	4.5%	9.0%	6.6%	5.0%
HV 20d	13.1%	9.8%	15.3%	9.8%	13.5%
HV 60d	13.2%	12.8%	14.3%	13.4%	12.8%
IV Rank	31.4%	24.8%	45.8%	34.5%	34.3%
IV Percentile	50.2%	26.2%	81.7%	62.3%	61.1%
Term Structure	-4.0%	-7.2%	-1.4%	-6.0%	-4.8%
Skew 25d	0.5%	-7.3%	2.6%	0.6%	2.6%
Skew 10d	-2.2%	-14.8%	3.4%	-0.4%	-14.8%
Call IV 25d	21.0%	17.7%	24.9%	24.3%	23.9%
Put IV 25d	21.4%	13.0%	26.5%	24.9%	26.5%
Bid-Ask Spread %	160.50	153.66	172.52	157.65	159.91
Gamma HHI	0.68	0.44	1.00	0.52	1.00
Net GEX	-691	-8.9K	920	-607	788
Net DEX	-13.4K	-32.9K	-127	-4.1K	-25.0K
Net VEX	-30	-50	-9	-50	-9
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.048	0	1	0	1
Total OI	8.762	5	12	10	5

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Call OI	Put OI
2025-03-03	$52.99	$54.00	22.9%	6.6%	9.8%	34.5%	0.0%	0.6%	-6.0%	-607	-4.1K	-50	157.65	0	5	5
2025-03-04	$53.32	$54.00	22.9%	6.6%	10.0%	34.4%	0.0%	1.2%	-6.8%	-741	-6.5K	-48	157.37	0	5	5
2025-03-05	$53.30	$54.00	24.1%	6.9%	10.0%	37.3%	0.0%	0.9%	-3.2%	-680	-6.6K	-47	161.59	0	5	5
2025-03-06	$52.35	$54.00	25.1%	7.2%	11.4%	39.4%	0.0%	1.3%	-1.4%	-248	-127	-49	161.35	0	5	5
2025-03-07	$52.91	$54.00	23.3%	6.7%	12.1%	35.3%	0.0%	-0.3%	-2.5%	-554	-3.6K	-47	158.22	0	5	5
2025-03-10	$52.68	$54.00	27.9%	8.0%	12.1%	45.8%	0.0%	1.1%	-4.6%	-454	-1.8K	-46	157.08	0	5	5
2025-03-11	$52.95	$54.00	19.1%	8.4%	11.7%	25.9%	0.0%	-7.3%	-2.6%	-606	-3.2K	-44	157.29	0	5	5
2025-03-12	$52.88	$54.00	19.6%	8.3%	11.7%	26.9%	0.0%	-1.4%	-3.6%	-438	-4.0K	-40	159.04	0	5	5
2025-03-13	$52.63	$54.00	19.3%	9.0%	11.7%	26.3%	0.0%	2.5%	-2.4%	-403	-1.4K	-42	164.57	0	5	5
2025-03-14	$53.81	$54.00	18.6%	8.8%	14.1%	24.8%	0.0%	2.3%	-2.4%	-1.1K	-9.6K	-32	157.50	0	5	5
2025-03-17	$54.61	$0.00	18.8%	4.5%	15.0%	25.4%	0.0%	1.8%	-3.1%	-1.4K	-13.6K	-26	155.99	0	5	5
2025-03-18	$54.23	$0.00	19.7%	4.8%	15.2%	27.5%	0.0%	1.7%	-1.7%	-1.3K	-11.3K	-26	155.09	0	5	5
2025-03-19	$54.56	$0.00	18.8%	4.5%	15.3%	25.5%	0.0%	2.1%	-2.9%	-1.5K	-13.4K	-22	153.66	0	5	5
2025-03-20	$54.62	$0.00	18.9%	4.6%	15.3%	25.7%	0.0%	1.5%	-2.6%	-772	-22.2K	-21	172.52	0	7	5
2025-03-21	$54.27	$0.00	22.1%	4.8%	14.7%	32.8%	0.0%	1.8%	-7.2%	-8.9K	-32.9K	-16	165.58	0	7	5
2025-03-24	$54.53	$0.00	19.8%	4.6%	14.8%	27.7%	0.0%	-1.1%	-3.8%	871	-24.4K	-13	159.68	0	5	0
2025-03-25	$54.55	$0.00	19.5%	4.6%	14.6%	27.1%	0.0%	0.8%	-3.4%	869	-24.4K	-13	164.68	0	5	0
2025-03-26	$54.41	$0.00	22.2%	5.0%	14.7%	33.3%	0.0%	1.9%	-5.1%	920	-24.1K	-13	164.14	0	5	0
2025-03-27	$54.48	$0.00	22.3%	4.8%	13.9%	33.3%	0.0%	-2.2%	-6.6%	860	-24.7K	-11	163.71	0	5	0
2025-03-28	$54.49	$0.00	23.3%	5.1%	13.7%	35.7%	0.0%	-1.8%	-6.3%	888	-24.4K	-12	163.85	0	5	0
2025-03-31	$54.75	$0.00	22.7%	5.0%	13.5%	34.3%	0.0%	2.6%	-4.8%	788	-25.0K	-9	159.91	1	5	0