IGV Options History — July 2008

In July 2008, IGV traded between $9.10 and $9.73. ATM implied volatility averaged 25.0%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 0.6% (HV 20d: 24.4%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-07-01: Highest Volume — 55 contracts
  • 2008-07-31: Largest IV drop — 41.3% change
  • 2008-07-15: Highest IV Rank — 27.3%
  • 2008-07-15: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.42$9.10$9.73$9.52$9.50
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV25.0%15.9%28.5%21.8%15.9%
Expected Move7.2%4.6%8.2%6.3%4.6%
HV 20d24.4%21.7%26.5%23.1%25.2%
HV 60d21.5%20.5%22.6%20.8%22.1%
IV Rank23.4%13.5%27.3%20.0%13.5%
IV Percentile69.3%6.0%92.9%43.3%6.0%
VWIV23.3%21.7%26.2%22.0%26.2%
Skew 25d7.2%3.9%13.2%8.2%9.1%
Skew 10d8.2%3.8%14.8%14.8%6.0%
Call IV 25d20.1%16.2%23.1%18.9%16.5%
Put IV 25d27.3%23.9%30.6%27.1%25.7%
Bid-Ask Spread %86.6976.2197.4476.2196.18
Gamma HHI0.930.881.000.901.00
Net GEX4.9K3.4K6.3K3.4K5.5K
Net DEX-43.3K-66.9K-26.0K-41.4K-39.0K
Net VEX-259-309-214-254-229
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.955055550
Total OI208.409165215165215

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-07-01$9.52$10.0021.8%6.3%23.1%20.0%22.0%8.2%0.0%3.4K-41.4K-2540.0076.2155014025
2008-07-02$9.32$10.0027.4%7.9%23.7%26.1%0.0%7.6%0.0%4.3K-42.2K-2910.0077.680018525
2008-07-03$9.27$10.0026.7%7.7%22.9%25.3%0.0%7.1%0.0%4.3K-37.9K-2720.0079.140018525
2008-07-07$9.28$10.0026.8%7.7%21.7%25.4%0.0%7.4%0.0%4.4K-36.9K-2690.0077.210018525
2008-07-08$9.42$10.0025.9%7.4%22.6%24.4%0.0%3.9%0.0%4.9K-43.3K-2810.0085.990018525
2008-07-09$9.16$10.0026.7%7.6%24.2%25.3%0.0%7.2%0.0%3.9K-28.1K-2240.0078.020018525
2008-07-10$9.28$10.0027.0%7.7%24.0%25.6%0.0%6.2%0.0%4.4K-36.4K-2620.0083.730018525
2008-07-11$9.23$10.0027.6%7.9%23.8%26.3%0.0%7.1%0.0%4.1K-32.3K-2380.0092.580018525
2008-07-14$9.10$10.0028.1%8.1%22.5%26.8%0.0%13.2%0.0%3.7K-26.0K-2140.0090.710018525
2008-07-15$9.22$10.0028.5%8.2%23.2%27.3%0.0%6.9%0.0%4.2K-31.9K-2320.0089.410018525
2008-07-16$9.47$10.0027.9%8.0%25.7%26.6%0.0%4.9%0.0%5.0K-48.4K-2810.0088.460018525
2008-07-17$9.63$10.0023.0%6.6%26.5%21.2%0.0%8.3%0.0%5.6K-63.3K-3090.0083.370018525
2008-07-18$9.66$10.0022.9%6.6%25.6%21.1%0.0%9.1%0.0%5.6K-65.8K-3050.0081.090018525
2008-07-21$9.55$10.0021.4%6.1%24.2%19.5%21.7%6.6%0.0%5.6K-52.1K-2700.0089.760518525
2008-07-22$9.62$10.0021.3%6.1%24.3%19.4%0.0%6.7%0.0%5.9K-55.3K-2770.0087.310018525
2008-07-23$9.73$10.0021.7%6.2%24.6%19.8%0.0%8.0%0.0%6.3K-66.9K-2900.0085.570018525
2008-07-24$9.45$10.0027.8%8.0%26.1%26.5%0.0%4.6%0.0%5.2K-43.4K-2460.0095.420018525
2008-07-25$9.46$10.0026.8%7.7%24.3%25.4%0.0%4.3%0.0%5.3K-41.7K-2420.0090.690018525
2008-07-28$9.29$10.0025.7%7.4%24.9%24.2%0.0%8.7%0.0%4.8K-32.1K-2150.0097.440018525
2008-07-29$9.52$10.0021.6%6.2%26.5%19.8%26.2%0.0%0.0%5.7K-45.9K-2470.0090.590518525
2008-07-30$9.49$10.0027.1%7.8%26.3%25.8%0.0%5.6%0.0%5.5K-42.8K-2410.0090.680018530
2008-07-31$9.50$10.0015.9%4.6%25.2%13.5%0.0%9.1%0.0%5.5K-39.0K-2290.0096.180018530