IBKR Options History — April 2008

In April 2008, IBKR traded between $6.47 and $7.91. ATM implied volatility averaged 55.9%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 9.9% (HV 20d: 65.9%). Max pain ranged from $6.25 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2008-04-25: Highest Volume — 28,840 contracts
  • 2008-04-25: Largest IV drop — 28.9% change
  • 2008-04-15: Highest IV Rank — 59.2%
  • 2008-04-15: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.14$6.47$7.91$7.11$7.89
Max Pain$6.99$6.25$7.50$6.25$7.50
ATM IV55.9%39.6%70.2%49.1%39.9%
Expected Move16.5%11.3%20.1%14.1%11.4%
HV 20d65.9%51.5%81.7%81.6%52.3%
HV 60d58.0%56.0%60.2%57.5%59.7%
IV Rank41.4%20.9%59.2%32.9%21.3%
IV Percentile88.7%64.6%98.7%89.6%65.0%
Term Structure-2.7%-8.2%5.3%2.3%2.9%
VWIV58.9%39.3%71.2%56.9%39.3%
Skew 25d7.3%3.0%14.3%12.4%5.6%
Skew 10d16.3%8.6%24.8%18.1%23.2%
Call IV 25d56.3%35.6%69.0%51.1%35.6%
Put IV 25d63.6%41.1%74.8%63.4%41.1%
Bid-Ask Spread %25.8016.8348.6246.6938.66
Gamma HHI0.440.350.490.460.45
Net GEX768.7K358.7K1.4M776.4K1.3M
Net DEX-16.3M-34.2M-2.2M-14.3M-33.1M
Net VEX-138.3K-154.2K-116.2K-150.5K-139.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.031.470.541.47
Total Volume9,801.63684428,8407,4722,812
Total OI151,714.182137,508161,328150,492157,284

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$7.11$6.2549.1%14.1%81.6%32.9%56.9%12.4%2.3%776.4K-14.3M-150.5K0.5446.69N/AN/A4,8562,616104,86445,628
2008-04-02$7.06$6.2556.0%16.1%81.6%41.5%56.7%5.1%-1.0%722.1K-16.2M-154.2K0.0548.62N/AN/A20,8921,128104,30045,616
2008-04-03$7.24$6.2557.6%16.5%81.7%43.5%58.7%6.4%-1.0%701.4K-17.7M-151.3K0.0929.32N/AN/A15,8321,36499,71246,060
2008-04-04$7.17$7.5061.1%17.0%80.5%47.8%60.6%6.2%0.6%720.0K-19.0M-152.3K0.1618.26N/AN/A12,5482,032100,91245,904
2008-04-07$7.18$7.5050.7%18.1%80.0%34.8%64.9%6.7%-5.6%773.4K-18.1M-148.9K0.1118.52N/AN/A11,9321,272100,97246,700
2008-04-08$7.22$7.5051.2%18.3%79.9%35.4%67.7%10.2%-6.1%785.5K-19.5M-149.2K0.1917.40N/AN/A4,196784102,72847,580
2008-04-09$6.95$7.5052.7%18.5%77.5%37.4%66.3%4.8%-4.6%633.9K-12.9M-140.1K1.1921.16N/AN/A1,7842,120102,55648,324
2008-04-10$6.99$7.5064.4%18.5%77.4%52.0%66.9%6.7%-4.3%652.9K-13.8M-140.6K0.9021.19N/AN/A444400102,23248,656
2008-04-11$6.82$7.5067.8%19.4%77.6%56.2%66.4%3.8%-4.6%545.9K-9.4M-132.6K0.5819.46N/AN/A1,9601,136102,25648,812
2008-04-14$6.47$7.5069.6%19.9%75.8%58.4%71.2%4.3%-6.9%358.7K-2.2M-116.2K1.3216.83N/AN/A4,5245,984103,71249,080
2008-04-15$6.67$7.5070.2%20.1%51.5%59.2%66.7%7.9%-6.7%425.1K-6.6M-124.4K0.7423.16N/AN/A2,1321,584106,41251,040
2008-04-16$7.03$7.5063.5%18.2%54.5%50.9%64.5%11.2%-6.5%718.6K-12.7M-133.4K0.5624.08N/AN/A1,096612106,46851,804
2008-04-17$7.03$7.5059.6%17.1%52.5%45.9%64.9%14.3%-4.3%526.3K-11.4M-128.2K0.6521.68N/AN/A1,7041,116107,00051,976
2008-04-18$6.97$7.5061.0%17.5%52.6%47.6%62.7%6.2%-5.2%508.4K-10.1M-124.2K0.1028.49N/AN/A16,6841,624107,31252,300
2008-04-21$7.07$6.2556.5%16.2%52.7%42.1%57.7%8.7%-3.4%685.5K-11.8M-127.6K0.1232.07N/AN/A6,63677694,96042,548
2008-04-22$6.90$6.2556.3%16.1%53.5%41.8%57.6%6.5%-3.3%610.3K-8.8M-121.2K0.0320.77N/AN/A11,28435694,96042,552
2008-04-23$6.87$6.2565.1%18.7%53.5%52.9%61.8%3.0%-8.2%744.1K-13.7M-139.4K0.0819.75N/AN/A1,956160106,69242,992
2008-04-24$6.97$6.2555.6%15.9%53.6%41.0%62.5%7.7%-2.5%789.3K-12.2M-131.3K0.7622.62N/AN/A11,8488,988105,82043,112
2008-04-25$7.73$6.2539.6%11.3%63.4%20.9%39.9%9.5%5.3%1.4M-31.9M-147.3K0.6626.22N/AN/A17,40411,436111,05248,996
2008-04-28$7.79$6.2541.9%12.0%62.8%23.9%42.5%9.0%2.2%1.2M-28.8M-151.5K0.2833.16N/AN/A8,5402,400106,94454,384
2008-04-29$7.91$7.5041.3%11.8%52.4%23.1%39.3%4.3%1.6%1.3M-34.2M-138.7K0.3819.49N/AN/A4,8481,836104,66849,832
2008-04-30$7.89$7.5039.9%11.4%52.3%21.3%39.3%5.6%2.9%1.3M-33.1M-139.6K1.4738.66N/AN/A1,1401,672106,33250,952