IBKR Options History — January 2008

In January 2008, IBKR traded between $7.63 and $8.70. ATM implied volatility averaged 40.7%, placing in the 45.2% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 7.3% (HV 20d: 33.4%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2008-01-31: Highest Volume — 37,192 contracts
  • 2008-01-24: Largest IV drop — 22.0% change
  • 2008-01-23: Highest IV Rank — 93.4%
  • 2008-01-23: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.08$7.63$8.70$7.98$8.70
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV40.7%29.1%59.7%42.9%34.6%
Expected Move11.8%8.3%17.1%12.3%9.9%
HV 20d33.4%28.4%43.5%30.8%43.5%
HV 60d31.1%29.6%34.0%30.4%32.7%
IV Rank45.2%15.8%93.4%50.7%29.8%
IV Percentile67.0%6.7%98.3%87.0%30.9%
Term Structure-2.3%-11.5%4.6%0.8%3.6%
VWIV41.7%28.4%58.3%42.5%34.2%
Skew 25d6.5%2.4%15.7%3.8%5.0%
Skew 10d14.3%4.0%29.8%11.9%9.2%
Call IV 25d36.2%32.1%40.1%38.9%36.3%
Put IV 25d42.7%36.5%55.1%42.7%41.3%
Bid-Ask Spread %37.8220.7964.8429.0327.53
Gamma HHI0.610.540.720.610.72
Net GEX2.2M1.6M3.1M1.7M2.8M
Net DEX-58.1M-88.4M-37.5M-47.2M-88.4M
Net VEX-219.5K-235.2K-205.2K-212.7K-227.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.071.220.790.32
Total Volume10,609.9051,18037,19210,26437,192
Total OI200,104175,548215,488175,548213,820

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-01-02$7.98$7.5042.9%12.3%30.8%50.7%42.5%3.8%0.8%1.7M-47.2M-212.7K0.7929.03N/AN/A5,7484,516139,78035,768
2008-01-03$7.90$7.5038.6%11.1%30.9%39.9%38.3%3.2%4.6%1.6M-45.3M-218.7K1.2220.79N/AN/A532648141,86838,220
2008-01-04$7.75$7.5037.3%11.7%31.5%36.5%40.7%5.4%-4.4%1.6M-37.5M-205.9K0.2125.75N/AN/A9,5961,988141,54838,380
2008-01-07$7.84$7.5042.2%11.5%30.4%49.0%40.0%5.7%-1.8%1.8M-43.1M-217.0K0.4157.41N/AN/A3,7761,552148,99639,528
2008-01-08$7.83$7.5039.0%11.3%30.3%40.9%40.1%6.1%-3.5%1.9M-41.8M-210.3K0.0730.79N/AN/A4,624336150,42840,472
2008-01-09$7.95$7.5045.2%14.1%29.5%56.6%47.1%9.8%-7.7%2.0M-48.2M-220.2K0.1147.71N/AN/A18,5562,080153,80040,532
2008-01-10$8.15$7.5038.8%11.1%29.0%40.5%43.8%7.2%-5.4%2.4M-66.6M-235.2K0.4243.53N/AN/A5,0282,116166,54841,608
2008-01-11$8.19$7.5039.1%11.2%29.0%41.3%40.5%6.1%-4.0%2.3M-65.9M-233.0K0.2029.03N/AN/A3,168628163,37643,104
2008-01-14$8.47$7.5040.9%11.7%29.1%45.9%42.1%8.5%-2.9%2.5M-79.1M-228.8K0.6837.94N/AN/A5,3603,620164,83643,260
2008-01-15$8.22$7.5039.3%11.3%31.4%41.6%40.9%5.3%-2.8%2.3M-70.7M-229.6K0.4644.71N/AN/A5,7642,636166,39645,568
2008-01-16$8.13$7.5038.2%10.9%30.6%38.8%39.0%6.7%-2.4%2.2M-68.0M-228.6K0.5064.84N/AN/A1,032516168,64846,568
2008-01-17$7.86$7.5042.0%12.1%33.4%48.6%39.7%2.4%-1.9%2.1M-54.7M-220.6K0.2964.84N/AN/A4,2521,232168,38845,900
2008-01-18$7.83$7.5046.4%13.3%31.2%59.5%46.3%8.4%-1.5%1.9M-51.4M-217.2K0.4644.85N/AN/A6,2122,856169,21246,276
2008-01-22$7.63$7.5055.0%15.8%28.4%81.5%53.9%8.3%-11.5%1.8M-38.9M-205.2K0.4129.27N/AN/A5,4482,236152,15635,016
2008-01-23$7.97$7.5059.7%17.1%32.5%93.4%58.3%15.7%-9.7%1.9M-51.5M-219.6K0.1539.25N/AN/A13,9722,040152,98836,112
2008-01-24$8.21$7.5046.6%13.4%34.3%60.2%53.3%7.5%-4.9%2.2M-64.8M-227.3K0.7533.38N/AN/A10,1767,644158,68037,412
2008-01-25$7.86$7.5037.6%10.8%37.3%37.5%36.1%5.6%1.3%2.3M-46.1M-210.7K0.2042.07N/AN/A7,2601,484162,07241,856
2008-01-28$8.34$7.5032.2%9.2%42.6%23.8%37.6%5.6%0.8%2.8M-67.3M-211.7K0.2323.95N/AN/A8,5121,924162,63242,324
2008-01-29$8.34$7.5030.1%8.6%42.6%18.3%28.4%5.3%2.2%2.9M-69.3M-215.2K0.1725.03N/AN/A13,2762,200165,22042,956
2008-01-30$8.44$7.5029.1%8.3%42.7%15.8%33.3%4.4%3.5%3.1M-74.9M-214.6K0.1132.50N/AN/A9,9321,140167,29242,640
2008-01-31$8.70$7.5034.6%9.9%43.5%29.8%34.2%5.0%3.6%2.8M-88.4M-227.7K0.3227.53N/AN/A28,2368,956169,80044,020