IGV Options History — August 2008

In August 2008, IGV traded between $9.47 and $10.24. ATM implied volatility averaged 22.9%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 0.3% (HV 20d: 23.2%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-08-19: Highest Volume — 50 contracts
  • 2008-08-04: Largest IV spike — 23.5% change
  • 2008-08-04: Highest IV Rank — 25.9%
  • 2008-08-04: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.95$9.47$10.24$9.52$9.85
Max Pain$9.90$9.00$10.00$10.00$10.00
ATM IV22.9%20.8%27.3%22.1%20.9%
Expected Move6.6%6.0%7.8%6.3%6.0%
HV 20d23.2%20.1%26.8%25.1%22.3%
HV 60d23.0%21.7%23.7%21.8%23.7%
IV Rank21.1%18.9%25.9%20.2%19.0%
IV Percentile50.1%31.0%86.9%39.7%32.9%
VWIV23.3%18.7%32.8%21.8%20.8%
Skew 25d3.0%-0.5%7.3%4.9%0.6%
Skew 10d4.1%-1.0%10.4%4.7%0.1%
Call IV 25d19.6%16.5%22.6%21.2%22.3%
Put IV 25d22.6%19.3%26.7%26.1%22.9%
Bid-Ask Spread %99.9187.54111.3987.54109.38
Gamma HHI0.990.951.001.000.99
Net GEX7.1K4.5K9.1K5.5K8.8K
Net DEX-80.7K-128.7K-12.4K-42.7K-43.7K
Net VEX-274-333-231-231-314
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.571050100
Total OI263.333215365215365

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-08-01$9.52$10.0022.1%6.3%25.1%20.2%21.8%4.9%0.0%5.5K-42.7K-2310.0087.5410018530
2008-08-04$9.47$10.0027.3%7.8%25.2%25.9%0.0%4.1%0.0%5.7K-41.3K-2360.0093.890019530
2008-08-05$9.75$10.0022.3%6.4%26.8%20.4%0.0%5.1%0.0%7.2K-70.3K-2740.0099.620019530
2008-08-06$9.96$10.0022.3%6.4%25.1%20.5%0.0%7.3%0.0%7.6K-91.5K-2870.0090.620019530
2008-08-07$9.92$10.0023.2%6.7%25.0%21.5%23.2%0.9%0.0%7.4K-86.5K-2800.00100.165019530
2008-08-08$10.11$10.0023.6%6.8%25.4%21.9%0.0%4.2%0.0%7.6K-112.4K-2850.0099.850020030
2008-08-11$10.22$10.0024.4%7.0%24.5%22.8%32.8%6.1%0.0%7.4K-123.5K-2700.0098.425020030
2008-08-12$10.21$9.0024.6%7.0%24.4%23.0%0.0%5.6%0.0%7.5K-128.7K-2660.00108.990020530
2008-08-13$10.19$9.0024.4%7.0%23.2%22.7%18.7%5.7%0.0%7.6K-128.6K-2610.00105.250520530
2008-08-14$10.24$10.0023.9%6.8%22.6%22.2%0.0%0.0%0.0%7.6K-128.1K-2550.0098.370020535
2008-08-15$10.21$10.0023.2%6.7%22.7%21.5%0.0%5.7%0.0%8.0K-126.2K-2580.0097.730020535
2008-08-18$10.05$10.0023.6%6.8%23.0%21.9%0.0%3.1%0.0%8.6K-107.3K-2530.0099.190020535
2008-08-19$9.93$10.0023.4%6.7%23.5%21.7%23.4%1.0%0.0%8.8K-92.5K-2480.0098.2405020535
2008-08-20$9.97$10.0022.8%6.5%23.3%21.0%22.8%1.8%0.0%7.4K-81.9K-2790.0096.795020565
2008-08-21$9.87$10.0022.5%6.4%20.9%20.7%22.5%-0.5%0.0%7.2K-60.6K-2590.0094.8005020065
2008-08-22$10.02$10.0021.3%6.1%21.5%19.4%0.0%2.2%0.0%4.6K-61.8K-3190.0096.8100200115
2008-08-25$9.84$10.0022.3%6.4%21.5%20.5%0.0%-0.3%0.0%4.5K-29.1K-2940.00102.0900200115
2008-08-26$9.77$10.0020.8%6.0%20.1%18.9%0.0%-0.1%0.0%4.7K-12.4K-2680.00111.3900200115
2008-08-27$9.88$10.0020.8%6.0%20.3%18.9%20.8%0.2%0.0%5.1K-32.8K-2800.00100.26500200115
2008-08-28$10.04$10.0020.8%6.0%20.9%18.9%0.0%2.0%0.0%9.1K-93.7K-3330.00108.6900250115
2008-08-29$9.85$10.0020.9%6.0%22.3%19.0%0.0%0.6%0.0%8.8K-43.7K-3140.00109.3800250115