IGV Options History — June 2014

In June 2014, IGV traded between $16.15 and $17.20. ATM implied volatility averaged 30.9%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 17.5% (HV 20d: 13.4%). Max pain ranged from $16.60 to $16.60. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-06-09: Highest Volume — 50 contracts
  • 2014-06-12: Largest IV drop — 46.8% change
  • 2014-06-11: Highest IV Rank — 51.7%
  • 2014-06-05: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.79$16.15$17.20$16.26$17.20
Max Pain$16.60$16.60$16.60$16.60$16.60
ATM IV30.9%23.5%44.2%33.8%32.0%
Expected Move7.1%5.3%10.5%9.7%5.4%
HV 20d13.4%10.4%16.2%16.0%10.4%
HV 60d18.7%17.0%19.7%19.5%17.0%
IV Rank31.8%20.7%51.7%36.2%33.4%
IV Percentile81.8%70.6%96.4%90.5%85.7%
Term Structure-8.2%-14.7%-4.0%-11.8%-11.6%
VWIV22.6%22.6%22.6%22.6%22.6%
Skew 25d8.4%-3.6%14.1%14.1%10.1%
Skew 10d16.7%9.7%22.3%17.9%22.3%
Call IV 25d30.0%22.4%42.8%33.5%34.8%
Put IV 25d38.4%31.3%51.0%47.6%44.9%
Bid-Ask Spread %147.8390.00184.51179.1794.58
Gamma HHI0.550.360.740.360.53
Net GEX7.5K5.7K10.3K10.3K6.8K
Net DEX-113.0K-137.7K-72.7K-125.7K-137.7K
Net VEX-718-842-586-644-770
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.47605000
Total OI240185275205275

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-06-02$16.26$0.0033.8%9.7%16.0%36.2%0.0%14.1%-11.8%10.3K-125.7K-6440.00179.170019510
2014-06-03$16.15$0.0034.9%10.0%16.2%37.7%0.0%7.9%-13.2%10.3K-117.1K-6140.00184.100019510
2014-06-04$16.16$0.0035.9%10.3%15.1%39.3%0.0%8.2%-13.9%10.1K-116.3K-6140.00184.5125019510
2014-06-05$16.35$0.0036.5%10.5%15.5%40.3%0.0%-3.6%-14.7%9.7K-101.5K-5860.00180.850017510
2014-06-06$16.56$16.6035.8%6.3%15.8%39.1%0.0%8.7%-4.0%10.3K-120.3K-6170.00164.510017510
2014-06-09$16.59$16.6041.7%6.5%15.8%48.0%22.6%7.3%-5.4%10.3K-121.1K-6080.00168.7205017510
2014-06-10$16.61$16.6043.5%6.6%13.4%50.7%0.0%7.5%-4.5%5.7K-81.4K-7150.00169.750017560
2014-06-11$16.64$16.6044.2%6.4%12.9%51.7%0.0%10.5%-6.9%6.7K-75.4K-6920.00169.270017560
2014-06-12$16.51$16.6023.5%6.7%13.1%20.7%0.0%7.7%-6.5%5.7K-72.7K-6980.00170.730017560
2014-06-13$16.67$16.6024.0%6.9%13.1%21.4%0.0%8.3%-5.8%6.9K-78.2K-6930.00168.400017560
2014-06-16$16.80$16.6024.8%7.1%12.9%22.6%0.0%10.0%-6.6%7.1K-92.2K-6860.00164.050017560
2014-06-17$17.00$16.6024.9%7.1%12.9%22.8%0.0%10.1%-6.8%7.1K-114.4K-6910.00159.2003017560
2014-06-18$17.19$16.6025.0%7.2%12.7%22.9%0.0%10.0%-7.0%6.1K-120.5K-7940.00159.065017590
2014-06-19$17.18$16.6025.4%7.3%12.8%23.6%0.0%9.9%-8.0%5.8K-129.5K-8140.00159.265018090
2014-06-20$17.10$16.6026.1%7.5%12.8%24.5%0.0%7.1%-7.2%6.2K-124.4K-8420.00165.750018590
2014-06-23$17.18$0.0027.3%5.5%12.6%26.4%0.0%8.3%-8.5%6.7K-131.5K-8110.0090.000018590
2014-06-24$17.06$0.0028.1%5.5%12.8%27.6%0.0%7.2%-8.6%6.1K-124.3K-8100.0090.970018590
2014-06-25$17.13$0.0028.5%5.4%12.0%28.1%0.0%8.3%-9.4%6.8K-127.9K-7980.0093.490018590
2014-06-26$17.10$0.0025.3%5.4%11.8%23.3%0.0%7.0%-6.5%6.6K-126.9K-7900.0093.280018590
2014-06-27$17.17$0.0027.6%5.3%10.7%26.8%0.0%11.0%-6.0%6.7K-134.2K-7870.0094.820018590
2014-06-30$17.20$0.0032.0%5.4%10.4%33.4%0.0%10.1%-11.6%6.8K-137.7K-7700.0094.580018590