IGV Options History — April 2024

In April 2024, IGV traded between $78.32 and $84.88. ATM implied volatility averaged 23.3%, placing in the 56.0% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 5.9% (HV 20d: 17.5%). Max pain ranged from $81.00 to $85.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 6.79.

Notable Days

  • 2024-04-22: Highest Volume — 44,146 contracts
  • 2024-04-04: Largest IV spike — 16.8% change
  • 2024-04-15: Highest IV Rank — 80.6%
  • 2024-04-15: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$81.94$78.32$84.88$84.88$79.34
Max Pain$82.32$81.00$85.00$85.00$82.00
ATM IV23.3%21.1%26.2%21.1%23.8%
Expected Move6.6%6.1%7.5%6.1%6.8%
HV 20d17.5%14.6%22.9%22.7%20.1%
HV 60d21.8%21.1%22.7%21.6%22.3%
IV Rank56.0%37.4%80.6%37.4%60.4%
IV Percentile79.5%56.3%97.2%56.3%88.5%
Term Structure-0.4%-2.5%3.6%-0.3%-1.5%
VWIV23.6%21.0%26.6%21.7%23.0%
Skew 25d3.1%2.2%4.6%3.0%2.7%
Skew 10d6.8%4.4%9.0%5.5%5.0%
Call IV 25d21.8%19.5%25.1%19.9%22.4%
Put IV 25d25.0%22.8%28.4%22.9%25.1%
Bid-Ask Spread %76.8265.5282.8282.2265.97
Gamma HHI0.160.120.220.150.13
Net GEX-13.2M-25.1M-5.1M-9.7M-10.7M
Net DEX48.6M-9.0M192.1M-9.0M54.7M
Net VEX-661.2K-733.6K-581.0K-643.2K-581.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.790.0329.580.752.31
Total Volume6,872.31887344,1461,4341,847
Total OI79,476.59168,19886,68875,99571,300

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$84.88$85.0021.1%6.1%22.7%37.4%21.7%3.0%-0.3%-9.7M-9.0M-643.2K0.7582.2282161321,68754,308
2024-04-02$84.13$85.0021.2%6.1%22.9%38.0%21.5%2.4%-0.6%-11.5M7.6M-659.6K1.9780.487221,42122,09354,579
2024-04-03$84.34$85.0021.2%6.1%17.3%38.0%21.0%2.9%-0.1%-11.3M5.7M-651.5K0.8174.8748339022,03855,100
2024-04-04$83.42$81.0024.8%6.5%16.9%68.2%21.6%3.4%-0.4%-12.9M31.1M-676.3K5.3179.528394,45522,10555,186
2024-04-05$84.19$81.0022.0%6.3%16.5%45.0%23.0%3.1%-0.1%-12.8M12.1M-667.1K27.9578.112456,84822,33856,497
2024-04-08$84.48$82.0023.0%6.2%16.4%53.4%22.4%2.7%0.0%-12.5M5.4M-633.6K0.7279.2974653522,39157,802
2024-04-09$84.48$82.0023.5%6.2%16.4%57.6%25.6%3.1%-0.2%-12.8M8.6M-659.1K2.3680.1729268822,44457,909
2024-04-10$83.63$82.0021.7%6.2%14.6%42.2%22.6%3.1%0.1%-16.2M29.5M-650.5K9.8382.824564,48322,55158,373
2024-04-11$84.34$82.0021.3%6.1%14.9%39.1%22.4%3.5%0.3%-13.9M3.5M-606.3K5.1681.655742,96122,56257,574
2024-04-12$82.78$82.0023.5%6.7%16.0%57.3%23.5%3.9%-0.8%-18.9M54.2M-653.4K29.5880.612427,15822,78956,947
2024-04-15$80.41$82.0026.2%7.5%16.7%80.6%26.3%4.6%-2.2%-25.1M144.6M-638.1K21.0081.281,08422,76422,88660,225
2024-04-16$80.91$82.0025.1%7.2%16.0%70.7%26.6%3.9%-2.0%-24.8M118.5M-667.6K6.7381.966784,56222,87662,268
2024-04-17$80.25$82.0025.8%7.4%16.0%77.0%25.9%3.9%-2.5%-25.0M146.6M-656.0K5.2780.125522,90823,39862,542
2024-04-18$79.50$82.0025.3%7.3%15.3%72.8%25.4%2.9%3.6%-19.4M166.1M-638.9K6.4680.041,2077,79323,76161,309
2024-04-19$78.32$82.0026.1%7.5%15.0%79.2%26.2%3.2%2.4%-11.8M192.1M-651.8K9.3281.787076,58724,75161,937
2024-04-22$79.44$82.0024.8%7.1%16.5%68.1%24.9%2.5%-1.1%-10.6M66.8M-635.4K0.0475.2842,3081,83819,78448,414
2024-04-23$80.97$82.0022.8%6.5%18.4%51.6%23.9%3.0%-0.8%-6.0M5.9M-726.0K1.1273.071,9402,17829,37447,996
2024-04-24$80.91$82.0022.5%6.5%18.4%49.2%22.7%3.0%-0.5%-6.1M2.8M-729.8K2.3165.5238689330,96948,955
2024-04-25$80.05$82.0023.5%6.7%18.5%57.2%24.3%3.3%-1.3%-7.1M25.8M-733.6K9.3466.154634,32531,17248,930
2024-04-26$81.16$82.0021.6%6.2%19.5%41.5%23.2%2.2%-0.5%-5.1M-7.2M-714.1K0.9470.5979875031,45647,732
2024-04-29$80.73$82.0022.4%6.4%19.5%48.1%22.4%2.6%-1.1%-5.9M2.8M-674.5K0.0368.499,37727431,63647,541
2024-04-30$79.34$82.0023.8%6.8%20.1%60.4%23.0%2.7%-1.5%-10.7M54.7M-581.0K2.3165.975581,28923,57347,727