IGV Options History — May 2022

In May 2022, IGV traded between $52.83 and $62.27. ATM implied volatility averaged 42.9%, placing in the 73.6% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded below realized volatility by 2.8% (HV 20d: 45.7%). Max pain ranged from $60.00 to $68.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2022-05-09: Highest Volume — 70,295 contracts
  • 2022-05-09: Largest IV spike — 23.7% change
  • 2022-05-09: Highest IV Rank — 100.0%
  • 2022-05-12: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.09$52.83$62.27$60.73$57.44
Max Pain$64.86$60.00$68.00$68.00$60.00
ATM IV42.9%36.4%53.6%43.4%39.6%
Expected Move12.0%10.4%13.5%12.4%11.4%
HV 20d45.7%33.8%50.7%36.4%49.6%
HV 60d41.7%38.3%43.5%39.1%42.4%
IV Rank73.6%54.4%100.0%81.4%62.9%
IV Percentile92.6%77.0%100.0%98.0%85.3%
Term Structure-2.7%-4.5%-1.3%-3.8%-2.8%
VWIV41.6%35.7%46.2%44.6%39.9%
Skew 25d8.5%5.7%10.4%10.4%6.1%
Skew 10d15.5%11.1%20.5%18.7%11.8%
Call IV 25d37.8%33.5%42.7%39.0%36.3%
Put IV 25d46.3%39.3%51.8%49.4%42.4%
Bid-Ask Spread %79.8574.3384.9680.7083.32
Gamma HHI0.090.070.170.070.07
Net GEX-9.2M-13.9M9.6K-11.8M-607.5K
Net DEX448.9M132.6M620.8M387.6M165.9M
Net VEX-1.9M-2.2M-1.6M-2.1M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.461.510.901.51
Total Volume45,537.61930,53570,29530,53548,375
Total OI324,848.81275,365369,230293,210309,455

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$60.73$68.0043.4%12.4%36.4%81.4%44.6%10.4%-3.8%-11.8M387.6M-2.1M0.9080.7016,07014,465129,755163,455
2022-05-03$60.38$68.0042.5%12.2%33.8%78.7%43.9%9.7%-3.6%-12.9M400.9M-2.0M1.3783.9115,84021,625130,270164,605
2022-05-04$62.27$68.0037.8%10.8%35.7%64.8%38.5%7.5%-2.4%-12.5M330.3M-2.2M0.6884.9626,49518,040131,125170,055
2022-05-05$58.56$67.0043.1%11.2%40.3%80.6%40.4%9.5%-2.3%-13.5M470.8M-2.0M0.7079.5726,68518,745145,710172,375
2022-05-06$56.95$67.0043.3%11.5%40.6%81.2%38.8%9.8%-1.9%-13.9M527.2M-1.9M0.7677.2430,71023,365147,760172,485
2022-05-09$53.87$67.0053.6%13.3%43.9%100.0%46.2%10.4%-4.5%-12.2M603.5M-1.6M1.0074.6035,14035,155150,565175,465
2022-05-10$54.60$67.0052.6%12.8%44.6%97.3%44.6%9.6%-4.0%-12.9M601.1M-1.9M0.9276.3227,59025,295155,760193,520
2022-05-11$52.83$66.0046.1%13.2%45.4%80.2%44.5%10.0%-3.3%-9.8M617.5M-1.7M0.8375.5022,76518,980166,170184,705
2022-05-12$52.99$66.0047.1%13.5%44.0%82.8%44.4%9.1%-4.3%-10.1M612.9M-1.6M0.7274.3326,99019,560163,280184,640
2022-05-13$55.96$66.0042.6%12.2%49.5%70.9%41.2%9.2%-3.0%-13.2M525.8M-1.9M1.0077.7520,90020,820164,715185,910
2022-05-16$54.55$66.0042.6%12.2%49.8%70.8%41.4%8.6%-2.6%-12.0M585.0M-1.7M0.7277.9723,78517,090165,325186,205
2022-05-17$55.41$66.0039.9%11.4%48.6%63.7%38.5%8.0%-1.5%-13.5M562.2M-1.7M0.8779.8523,12020,040166,925187,555
2022-05-18$53.37$66.0043.6%12.5%49.7%73.6%43.8%8.7%-2.5%-9.8M620.8M-1.6M1.3180.5221,18527,670170,115187,380
2022-05-19$54.58$66.0041.4%11.9%49.9%67.7%40.6%8.7%-1.8%-12.0M591.9M-1.7M1.0481.3925,18526,275171,815192,635
2022-05-20$54.64$65.0040.8%11.7%49.7%66.0%41.1%8.2%-1.6%-7.4M584.0M-1.8M0.5581.3832,77517,935175,565193,665
2022-05-23$55.21$61.0041.2%11.8%49.7%67.2%40.6%7.6%-1.8%-5.6M295.8M-1.9M0.7180.6826,81519,025133,175142,190
2022-05-24$53.77$62.0042.5%12.2%49.4%70.5%41.6%7.9%-3.0%-6.0M341.6M-1.8M0.4682.0639,20517,990134,675142,775
2022-05-25$55.22$60.0041.8%12.0%50.7%68.7%44.8%6.9%-2.6%-2.8M258.4M-2.1M1.0179.6817,66017,760156,090146,075
2022-05-26$56.46$60.0039.0%11.2%49.3%61.2%38.4%6.7%-1.5%-1.7M210.5M-2.1M0.6881.9322,52515,350156,450147,045
2022-05-27$58.13$60.0036.4%10.4%49.6%54.4%35.7%5.7%-1.3%9.6K132.6M-2.2M0.9583.1716,08515,205157,110147,275
2022-05-31$57.44$60.0039.6%11.4%49.6%62.9%39.9%6.1%-2.8%-607.5K165.9M-2.1M1.5183.3219,27529,100159,080150,375