IGV Options History — March 2026

In March 2026, IGV traded between $76.97 and $87.95. ATM implied volatility averaged 35.9%, placing in the 42.8% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 2.1% (HV 20d: 33.8%). Max pain ranged from $80.00 to $83.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2026-03-04: Highest Volume — 203,161 contracts
  • 2026-03-27: Largest IV spike — 9.2% change
  • 2026-03-11: Highest IV Rank — 52.2%
  • 2026-03-03: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.59$76.97$87.95$82.63$80.03
Max Pain$82.41$80.00$83.00$82.00$80.00
ATM IV35.9%32.4%39.9%37.3%35.0%
Expected Move10.2%9.0%11.5%11.1%10.0%
HV 20d33.8%26.3%45.2%44.5%31.1%
HV 60d33.2%32.2%35.1%32.2%35.1%
IV Rank42.8%34.7%52.2%46.1%40.8%
IV Percentile87.8%81.7%95.2%92.5%83.7%
Term Structure-0.3%-7.4%1.9%0.5%-0.1%
VWIV35.9%32.1%40.3%38.6%34.6%
Skew 25d6.7%-2.3%11.6%8.3%6.5%
Skew 10d15.0%6.6%26.6%18.1%26.6%
Call IV 25d33.4%28.7%42.0%35.0%33.0%
Put IV 25d40.1%36.1%45.0%43.3%39.4%
Bid-Ask Spread %35.0319.0961.7457.2721.66
Gamma HHI0.090.080.100.080.08
Net GEX80.3M-17.6M160.4M103.1M17.6M
Net DEX-630.6M-2.25B919.7M-933.8M325.7M
Net VEX-14.3M-15.7M-12.4M-12.9M-13.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.171.970.171.85
Total Volume90,156.72717,901203,16193,17195,092
Total OI1,187,007.182978,3641,337,5771,168,7071,075,107

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$82.63$82.0037.3%11.1%44.5%46.1%38.6%8.3%0.5%103.1M-933.8M-12.9M0.1757.2779,72013,451800,048368,659
2026-03-03$84.13$82.0037.9%11.5%45.2%47.5%40.3%7.5%0.2%128.8M-1.33B-13.8M0.3556.58115,87940,601831,377380,405
2026-03-04$85.93$82.0036.1%10.5%42.5%43.3%36.1%7.5%-0.1%159.3M-1.83B-14.7M0.7655.42115,64587,516854,235396,437
2026-03-05$87.57$82.0037.5%10.3%42.5%46.6%37.0%6.5%0.7%160.4M-2.25B-15.5M0.3049.64137,53641,782854,973423,018
2026-03-06$87.95$82.0038.1%10.7%37.0%47.9%37.7%11.0%-0.6%153.9M-2.25B-15.7M0.3249.5171,76223,090853,321436,603
2026-03-09$87.81$82.0038.1%11.3%35.6%48.0%36.8%3.4%-0.5%141.4M-1.91B-15.2M0.2757.2663,20717,007797,866429,561
2026-03-10$85.87$82.0036.9%10.4%34.8%45.2%37.9%11.6%-2.0%120.9M-1.27B-14.5M1.9761.7447,15793,107772,813432,183
2026-03-11$85.63$83.0039.9%10.2%34.8%52.2%36.3%-2.3%-7.4%105.7M-986.9M-15.2M1.0857.7838,99241,954775,633500,885
2026-03-12$85.07$83.0037.1%9.9%33.1%45.7%34.8%4.0%-1.7%99.3M-864.9M-14.9M0.9330.2960,17256,077773,415494,489
2026-03-13$83.94$83.0035.2%9.8%32.2%41.1%33.7%7.4%-0.9%56.4M-486.0M-15.5M0.1720.14142,04823,441802,391535,186
2026-03-16$84.87$83.0033.5%9.4%31.9%37.2%32.1%7.1%0.1%89.5M-582.4M-14.7M0.6922.2729,14320,084731,869520,227
2026-03-17$85.43$83.0032.4%9.2%30.9%34.7%34.9%6.3%1.2%115.7M-825.1M-14.8M0.3723.8833,51612,316746,850525,269
2026-03-18$84.60$83.0032.7%9.0%30.8%35.4%32.5%6.5%-1.7%98.0M-597.5M-14.7M1.0328.5610,40810,722762,453528,072
2026-03-19$84.41$83.0033.3%9.7%30.7%36.9%35.2%6.3%-0.4%80.9M-475.0M-14.4M0.7728.5917,87113,782762,690534,146
2026-03-20$82.64$83.0034.7%9.9%31.5%40.1%34.2%6.9%0.1%31.8M9.7M-14.1M0.6120.8545,60127,980763,468532,261
2026-03-23$84.75$83.0033.7%9.7%26.3%37.7%34.4%7.3%0.7%59.3M-404.1M-14.1M0.7019.0910,5507,351531,739446,625
2026-03-24$81.10$83.0035.8%10.0%31.0%42.5%36.4%7.4%0.6%32.6M252.3M-13.5M0.5320.2257,97130,978533,748450,078
2026-03-25$80.39$83.0034.1%9.6%29.1%38.7%33.9%6.8%0.7%20.5M406.9M-13.3M0.2819.4840,80511,221546,196459,367
2026-03-26$79.82$83.0034.4%9.7%27.9%39.3%37.1%7.0%0.5%9.5M501.8M-13.1M0.7224.3225,74418,630568,207461,935
2026-03-27$76.97$83.0037.6%10.4%30.1%46.7%36.4%6.9%1.0%-17.6M919.7M-12.4M0.2823.0795,06126,482583,638469,240
2026-03-30$77.45$80.0038.2%10.9%29.2%48.2%38.8%6.9%1.9%-888.1K694.4M-12.9M0.2822.9825,0316,965597,428470,047
2026-03-31$80.03$80.0035.0%10.0%31.1%40.8%34.6%6.5%-0.1%17.6M325.7M-13.4M1.8521.6633,34161,751602,838472,269