IGV Options History — April 2022

In April 2022, IGV traded between $60.19 and $70.72. ATM implied volatility averaged 35.5%, placing in the 58.1% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 0.3% (HV 20d: 35.8%). Max pain ranged from $68.00 to $73.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.57.

Notable Days

2022-04-20: Highest Volume — 67,540 contracts
2022-04-11: Largest IV spike — 34.1% change
2022-04-11: Highest IV Rank — 79.0%
2022-04-26: Largest Expected Move — 12.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$64.75	$60.19	$70.72	$68.60	$60.42
Max Pain	$70.15	$68.00	$73.00	$73.00	$68.00
ATM IV	35.5%	27.3%	42.6%	28.9%	42.1%
Expected Move	9.9%	7.8%	12.2%	8.4%	12.1%
HV 20d	35.8%	31.5%	41.4%	41.4%	36.2%
HV 60d	38.9%	37.9%	39.8%	37.9%	39.8%
IV Rank	58.1%	34.0%	79.0%	38.5%	77.5%
IV Percentile	84.3%	65.5%	97.6%	69.0%	96.0%
Term Structure	-1.5%	-4.1%	0.3%	0.3%	-3.1%
VWIV	34.9%	29.7%	41.8%	30.2%	41.8%
Skew 25d	7.7%	5.5%	9.6%	5.5%	9.3%
Skew 10d	14.6%	10.0%	23.3%	10.0%	16.6%
Call IV 25d	30.8%	24.7%	37.9%	27.0%	37.4%
Put IV 25d	38.5%	30.9%	47.5%	32.5%	46.6%
Bid-Ask Spread %	79.23	71.37	82.47	75.39	81.04
Gamma HHI	0.10	0.06	0.23	0.07	0.07
Net GEX	-14.1M	-26.5M	-3.2M	-10.2M	-11.6M
Net DEX	283.8M	11.1M	416.6M	139.3M	395.2M
Net VEX	-2.3M	-2.6M	-2.1M	-2.6M	-2.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.57	0.77	2.41	1.22	0.90
Total Volume	43,065.75	8,580	67,540	37,055	30,690
Total OI	285,185.25	255,105	303,710	282,990	293,670

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-04-01	$68.60	$73.00	28.9%	8.4%	41.4%	38.5%	30.2%	5.5%	0.3%	-10.2M	139.3M	-2.6M	1.22	75.39	16,685	20,370	108,385	174,605
2022-04-04	$70.72	$73.00	27.3%	7.8%	39.9%	34.0%	29.7%	6.2%	0.0%	-3.2M	11.1M	-2.5M	1.28	71.37	18,370	23,560	108,390	174,775
2022-04-05	$68.89	$73.00	31.6%	8.5%	41.0%	46.7%	30.6%	7.0%	-0.5%	-10.4M	122.4M	-2.5M	1.80	75.25	17,030	30,570	109,415	178,580
2022-04-06	$67.00	$73.00	35.1%	9.3%	39.3%	56.9%	32.6%	7.7%	-0.9%	-18.1M	251.1M	-2.5M	1.71	78.86	18,890	32,310	109,640	182,885
2022-04-07	$67.47	$72.00	32.7%	9.2%	38.6%	49.9%	32.4%	7.7%	-0.8%	-15.4M	209.9M	-2.5M	1.17	76.77	18,520	21,625	109,700	179,160
2022-04-08	$66.34	$72.00	31.8%	9.1%	37.8%	47.0%	32.7%	7.6%	-0.1%	-19.9M	276.1M	-2.4M	1.35	78.39	15,680	21,195	110,085	179,030
2022-04-11	$65.42	$71.00	42.6%	9.7%	35.9%	79.0%	35.3%	7.9%	-1.0%	-22.2M	319.7M	-2.3M	2.07	78.25	15,430	31,910	111,060	178,250
2022-04-12	$64.95	$71.00	41.5%	9.8%	35.3%	75.8%	35.9%	7.8%	-1.0%	-24.6M	366.8M	-2.4M	1.88	77.28	17,580	33,020	112,725	188,730
2022-04-13	$66.47	$71.00	31.3%	9.0%	34.0%	45.8%	31.8%	7.1%	-0.3%	-26.5M	255.6M	-2.4M	1.87	78.37	17,890	33,530	113,565	187,695
2022-04-14	$64.87	$70.00	31.9%	9.2%	33.6%	47.6%	31.5%	7.1%	-0.7%	-16.4M	375.3M	-2.3M	2.20	79.97	17,090	37,670	114,940	188,770
2022-04-18	$63.79	$70.00	33.4%	9.6%	32.4%	51.7%	32.8%	7.3%	-0.9%	-11.9M	310.8M	-2.2M	1.63	79.51	18,570	30,275	101,510	153,595
2022-04-19	$65.69	$69.00	31.1%	8.9%	34.2%	45.1%	34.1%	7.3%	-0.8%	-10.1M	210.3M	-2.3M	2.41	80.18	14,910	35,920	104,445	152,360
2022-04-20	$65.09	$69.00	32.4%	9.3%	32.4%	48.9%	32.7%	6.4%	-1.0%	-11.8M	243.3M	-2.3M	1.28	82.06	29,570	37,970	105,670	157,300
2022-04-21	$62.71	$68.00	36.9%	10.6%	34.1%	62.1%	37.6%	8.1%	-2.8%	-9.5M	309.9M	-2.3M	1.72	80.22	16,220	27,895	121,895	154,320
2022-04-22	$61.47	$68.00	39.4%	11.3%	34.2%	69.5%	37.9%	8.6%	-3.6%	-13.2M	390.8M	-2.2M	1.77	82.47	14,540	25,750	123,260	165,885
2022-04-25	$62.12	$68.00	38.2%	10.9%	34.4%	66.0%	39.5%	9.2%	-2.5%	-11.6M	346.4M	-2.2M	1.54	82.43	14,345	22,055	124,380	160,215
2022-04-26	$60.19	$68.00	42.6%	12.2%	33.9%	79.0%	41.1%	9.6%	-4.1%	-12.3M	416.6M	-2.1M	1.82	82.37	14,400	26,245	124,575	162,430
2022-04-27	$60.23	$68.00	41.0%	11.7%	31.5%	74.2%	41.2%	8.6%	-3.1%	-12.2M	409.2M	-2.1M	1.02	82.27	4,250	4,330	125,375	161,860
2022-04-28	$62.49	$68.00	38.4%	11.0%	34.8%	66.7%	36.5%	8.1%	-2.5%	-10.4M	315.7M	-2.3M	0.77	82.11	19,520	14,935	127,385	163,190
2022-04-29	$60.42	$68.00	42.1%	12.1%	36.2%	77.5%	41.8%	9.3%	-3.1%	-11.6M	395.2M	-2.1M	0.90	81.04	16,115	14,575	129,915	163,755