IGV Options History — April 2019

In April 2019, IGV traded between $42.07 and $44.31. ATM implied volatility averaged 19.2%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 3.9% (HV 20d: 15.3%). Max pain ranged from $38.00 to $42.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 12.25.

Notable Days

  • 2019-04-12: Highest Volume — 93,335 contracts
  • 2019-04-25: Largest IV drop — 11.7% change
  • 2019-04-24: Highest IV Rank — 25.0%
  • 2019-04-24: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.99$42.07$44.31$42.67$44.31
Max Pain$40.51$38.00$42.00$38.00$42.00
ATM IV19.2%16.2%21.7%16.9%19.8%
Expected Move5.6%5.2%6.2%5.3%5.7%
HV 20d15.3%12.2%17.5%16.0%12.2%
HV 60d15.8%14.4%18.0%18.0%14.4%
IV Rank16.5%6.6%25.0%8.7%18.7%
IV Percentile40.2%5.6%61.9%10.7%49.6%
Term Structure0.4%-1.5%1.8%1.6%0.3%
VWIV22.2%18.9%26.2%20.2%19.6%
Skew 25d5.4%4.3%6.7%4.7%4.7%
Skew 10d11.0%8.6%12.7%8.6%9.2%
Call IV 25d17.0%15.2%19.0%15.8%17.3%
Put IV 25d22.5%19.4%24.0%20.5%21.9%
Bid-Ask Spread %72.0256.3489.9964.9988.69
Gamma HHI0.250.150.350.280.19
Net GEX-8.0M-44.2M-2.1M-3.0M-3.7M
Net DEX-3.9M-23.0M37.0M-16.7M-16.6M
Net VEX-327.8K-368.0K-294.5K-322.7K-315.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.251.19118.663.072.22
Total Volume12,284.76234593,3352,2208,990
Total OI162,131.19116,095269,315133,745132,445

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$42.67$38.0016.9%5.3%16.0%8.7%20.2%4.7%1.6%-3.0M-16.7M-322.7K3.0764.995451,67526,345107,400
2019-04-02$42.79$38.6016.2%5.2%16.0%6.6%19.0%4.3%1.8%-2.1M-20.6M-306.7K3.9864.868153,24525,920108,405
2019-04-03$42.91$38.6017.2%5.4%15.5%10.0%20.9%5.9%0.8%-2.5M-23.0M-306.4K4.4564.605952,64525,830110,880
2019-04-04$42.07$39.6018.8%5.7%17.5%15.3%23.1%6.2%0.2%-7.5M15.1M-368.0K6.9556.341,69511,78525,875111,405
2019-04-05$42.35$40.0018.1%5.7%17.5%12.8%22.7%6.4%0.3%-6.8M5.0M-356.1K17.2462.6174512,84527,425122,145
2019-04-08$42.33$40.0019.4%5.8%16.4%17.2%23.5%5.9%0.1%-7.2M4.2M-340.5K13.3361.264255,66527,410125,550
2019-04-09$42.39$40.0021.1%6.0%16.3%23.0%22.2%6.7%-0.2%-8.0M12.3M-366.4K2.2662.785851,32027,405130,995
2019-04-10$42.84$40.0019.7%5.6%16.5%18.1%26.1%5.9%0.3%-3.2M-19.2M-311.2K6.1763.701,3608,39027,230131,800
2019-04-11$42.91$40.0019.6%5.6%16.5%17.8%25.9%6.3%0.4%-4.2M-14.4M-319.8K6.5968.611,66510,97026,420137,170
2019-04-12$43.05$40.0019.3%5.5%16.5%16.7%26.2%6.1%0.8%-3.5M-23.0M-298.7K118.6673.0478092,55526,670142,240
2019-04-15$43.01$40.0019.8%5.7%16.5%18.5%21.4%5.5%0.1%-17.5M6.9M-348.5K9.3271.293653,40026,695229,300
2019-04-16$42.64$40.0018.7%5.4%16.9%14.8%18.9%5.9%1.0%-15.9M6.4M-320.0K4.5379.472,0109,10526,905232,260
2019-04-17$42.30$40.0019.5%5.6%17.2%17.5%20.8%5.5%0.7%-44.2M37.0M-337.9K7.0870.042,17515,40527,475241,840
2019-04-18$42.34$42.0019.5%5.6%15.5%17.6%20.3%5.3%0.6%-11.5M8.4M-338.2K4.0467.104,54018,33021,705242,180
2019-04-22$42.78$42.0018.9%5.4%12.4%15.6%21.4%5.1%0.6%-6.1M8.3M-348.8K2.0074.9511523017,570101,645
2019-04-23$43.44$42.0020.4%5.8%13.4%20.5%20.6%4.6%-0.7%-4.0M-7.0M-322.7K1.1981.131,5401,83017,53598,560
2019-04-24$43.45$42.0021.7%6.2%13.4%25.0%21.6%4.7%-1.5%-4.0M-8.4M-312.9K4.1875.956752,82018,14599,635
2019-04-25$43.83$42.0019.2%5.5%13.1%16.5%24.2%4.8%0.3%-3.6M-12.9M-294.5K20.4382.4870014,30018,220101,760
2019-04-26$44.12$42.0019.2%5.5%13.1%16.5%25.1%4.6%0.5%-4.5M-8.7M-330.3K11.5889.994805,56018,245109,475
2019-04-29$44.30$42.0020.0%5.7%12.8%19.2%22.1%4.8%0.2%-4.1M-13.9M-318.2K7.9688.515704,53518,320110,320
2019-04-30$44.31$42.0019.8%5.7%12.2%18.7%19.6%4.7%0.3%-3.7M-16.6M-315.8K2.2288.692,7956,19518,340114,105