ILCG Options History — March 2024

In March 2024, ILCG traded between $73.32 and $75.93. ATM implied volatility averaged 19.9%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 2.3% (HV 20d: 17.6%). Max pain ranged from $73.00 to $73.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 9 of 20 days.

Notable Days

  • 2024-03-04: Highest Volume — 10 contracts
  • 2024-03-06: Largest IV spike — 69.8% change
  • 2024-03-12: Highest IV Rank — 46.2%
  • 2024-03-01: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.95$73.32$75.93$75.02$75.61
Max Pain$73.00$73.00$73.00$73.00$73.00
ATM IV19.9%14.0%34.4%19.2%17.3%
Expected Move4.7%4.3%5.5%5.5%5.0%
HV 20d17.6%14.2%20.1%18.4%14.2%
HV 60d15.9%14.9%16.4%14.9%15.5%
IV Rank22.5%6.9%46.2%16.9%22.4%
IV Percentile35.3%3.6%96.8%35.7%22.2%
Term Structure-0.5%-5.3%2.4%-3.7%-2.0%
Skew 25d1.1%-3.5%2.5%-3.5%1.2%
Skew 10d4.6%-4.3%11.2%-4.3%5.1%
Call IV 25d17.6%15.8%21.3%21.3%19.2%
Put IV 25d18.7%17.0%20.4%17.8%20.4%
Bid-Ask Spread %156.40137.22164.04137.22163.27
Gamma HHI0.380.300.440.300.41
Net GEX-8.4K-16.0K-3.0K-7.9K-3.6K
Net DEX-10.6K-33.5K19.4K-10.7K-30.2K
Net VEX-225-346-131-240-136
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.501000
Total OI57.751655551

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$75.02$73.0019.2%5.5%18.4%16.9%0.0%-3.5%-3.7%-7.9K-10.7K-2400.00137.22N/AN/A00748
2024-03-04$74.87$0.0021.9%4.4%17.4%22.2%0.0%1.5%-0.4%-9.5K-6.4K-2460.00159.18N/AN/A010748
2024-03-05$73.32$0.0014.0%4.4%19.2%6.9%0.0%0.4%-1.4%-16.0K15.5K-3460.00153.74N/AN/A00758
2024-03-06$73.94$0.0023.8%4.5%19.4%25.7%0.0%1.7%1.4%-13.4K7.0K-3190.00156.61N/AN/A00758
2024-03-07$75.00$0.0023.7%4.7%19.3%25.6%0.0%1.7%0.8%-11.0K2.5K-2890.00152.63N/AN/A00758
2024-03-08$74.31$0.0025.6%4.8%19.6%29.2%0.0%0.4%-5.3%-11.6K2.3K-2920.00145.96N/AN/A00758
2024-03-11$73.92$0.0034.3%4.8%19.4%46.0%0.0%1.6%0.9%-13.9K19.4K-3190.00157.35N/AN/A00758
2024-03-12$75.12$0.0034.4%4.3%20.1%46.2%0.0%0.5%1.5%-11.2K-2.7K-2590.00149.93N/AN/A00758
2024-03-13$74.84$0.0016.3%4.7%19.2%11.3%0.0%1.8%0.4%-11.0K-2.7K-2480.00160.37N/AN/A00758
2024-03-14$74.66$0.0015.8%4.5%18.7%10.5%0.0%0.9%0.2%-11.2K-4.2K-2340.00156.90N/AN/A00758
2024-03-15$74.01$0.0017.5%5.0%19.0%23.1%0.0%1.6%-0.5%-13.7K8.6K-2580.00164.04N/AN/A00758
2024-03-18$74.82$0.0017.1%4.9%19.2%21.8%0.0%1.9%-0.3%-5.3K-17.3K-2210.00157.65N/AN/A00744
2024-03-19$74.99$0.0017.0%4.9%18.4%21.4%0.0%2.5%2.4%-6.4K-14.6K-2260.00155.44N/AN/A00744
2024-03-20$75.73$0.0016.1%4.6%18.5%18.6%0.0%2.5%0.7%-4.6K-23.7K-1790.00155.70N/AN/A00744
2024-03-21$75.91$0.0016.6%4.8%14.4%20.3%0.0%1.7%-2.2%-3.0K-33.5K-1310.00158.71N/AN/A00744
2024-03-22$75.93$0.0016.3%4.7%14.3%19.3%0.0%0.9%-0.8%-3.4K-30.9K-1440.00160.43N/AN/A00744
2024-03-25$75.81$0.0016.7%4.8%14.4%20.4%0.0%1.3%0.2%-3.7K-28.4K-1470.00160.68N/AN/A00744
2024-03-26$75.56$0.0016.7%4.8%14.4%20.5%0.0%0.7%-2.3%-3.4K-31.2K-1380.00161.04N/AN/A00744
2024-03-27$75.61$0.0016.9%4.8%14.4%21.2%0.0%1.2%-0.5%-3.5K-30.3K-1310.00161.20N/AN/A00744
2024-03-28$75.61$0.0017.3%5.0%14.2%22.4%0.0%1.2%-2.0%-3.6K-30.2K-1360.00163.27N/AN/A00744