IBKR Options History — October 2008

In October 2008, IBKR traded between $4.55 and $5.89. ATM implied volatility averaged 75.3%, placing in the 57.3% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded below realized volatility by 33.9% (HV 20d: 109.1%). Max pain ranged from $5.00 to $5.63. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.61.

Notable Days

  • 2008-10-28: Highest Volume — 21,620 contracts
  • 2008-10-15: Largest IV spike — 37.5% change
  • 2008-10-09: Highest IV Rank — 80.4%
  • 2008-10-10: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.31$4.55$5.89$5.72$5.34
Max Pain$5.46$5.00$5.63$5.63$5.63
ATM IV75.3%60.7%94.2%73.2%63.1%
Expected Move21.3%18.1%26.0%21.0%18.1%
HV 20d109.1%96.5%122.7%113.3%100.6%
HV 60d87.8%83.5%93.1%87.3%89.3%
IV Rank57.3%39.1%80.4%57.7%42.0%
IV Percentile92.9%80.2%98.8%96.0%80.2%
Term Structure-3.7%-12.8%4.9%-7.1%4.9%
VWIV75.8%64.8%94.1%71.7%68.6%
Skew 25d11.4%4.4%21.8%16.4%15.2%
Skew 10d21.8%3.5%47.0%47.0%31.8%
Call IV 25d70.1%61.0%88.2%64.4%62.9%
Put IV 25d81.5%70.5%96.4%80.9%78.1%
Bid-Ask Spread %32.6013.3852.9024.1827.44
Gamma HHI0.320.210.590.210.28
Net GEX-53.9K-190.7K134.2K39.6K-71.4K
Net DEX4.0M-153.5K7.6M386.3K4.2M
Net VEX-39.2K-53.9K-32.9K-39.8K-53.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.610.2012.290.490.53
Total Volume4,530.7831,28421,6202,7001,284
Total OI66,990.43549,66085,44456,10485,444

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-10-01$5.72$5.6373.2%21.0%113.3%57.7%71.7%16.4%-7.1%39.6K386.3K-39.8K0.4924.18N/AN/A1,80889231,03225,072
2008-10-02$5.63$5.6379.2%22.7%112.5%64.6%87.1%21.1%-10.9%28.4K1.3M-38.4K12.2944.00N/AN/A6768,30831,45625,564
2008-10-03$5.36$5.6373.5%21.1%112.4%54.9%75.5%11.6%-6.8%-52.4K3.4M-40.8K0.8052.90N/AN/A72458031,56832,744
2008-10-06$5.38$5.6378.5%21.7%112.1%61.1%74.3%11.7%-5.5%-61.4K3.8M-39.4K0.2620.77N/AN/A1,91649231,84033,260
2008-10-07$5.38$5.6372.9%20.4%109.4%54.1%69.8%8.1%-0.6%-69.5K3.8M-38.6K0.2634.05N/AN/A1,17630031,70833,408
2008-10-08$5.06$5.6383.5%21.6%111.2%67.2%75.6%4.4%-0.2%-100.8K5.9M-35.5K1.2529.47N/AN/A70087632,42033,456
2008-10-09$4.79$5.6394.2%24.0%111.8%80.4%85.0%4.9%-4.4%-98.4K7.3M-32.9K0.6547.30N/AN/A1,9401,25232,51633,600
2008-10-10$5.14$5.6383.6%26.0%114.8%67.3%91.2%14.5%-9.6%-89.1K5.1M-35.9K1.4945.06N/AN/A2,0843,10433,07633,492
2008-10-13$5.79$5.0083.2%20.7%121.5%66.8%71.6%14.9%-4.7%24.7K-153.5K-38.2K0.9839.24N/AN/A3,9443,85634,16034,772
2008-10-14$5.49$5.0060.7%20.2%122.7%39.1%74.8%7.1%-1.5%-16.5K2.2M-37.8K1.2140.56N/AN/A2,3562,85235,18837,772
2008-10-15$5.01$5.0083.5%21.7%111.9%67.2%76.9%6.6%-0.8%-190.7K6.9M-33.8K0.5237.63N/AN/A1,05255235,84438,508
2008-10-16$5.32$5.0072.0%20.6%113.7%53.0%94.1%21.8%-3.4%-100.1K4.7M-34.6K2.5227.53N/AN/A1,0642,67636,29238,264
2008-10-17$5.51$5.0070.8%20.3%107.2%51.5%71.9%11.5%-0.2%134.2K2.5M-35.1K0.5028.40N/AN/A2,0841,04036,37238,392
2008-10-20$5.85$5.0064.8%18.6%109.1%44.0%64.9%9.4%-1.1%-10.0K725.3K-36.0K0.9729.61N/AN/A1,9241,87223,84425,816
2008-10-21$5.89$5.6364.8%18.6%107.2%44.1%64.8%8.5%-1.4%-9.2K338.6K-37.0K0.4439.68N/AN/A2,01287625,04427,104
2008-10-22$5.48$5.6365.3%18.7%110.8%44.7%68.9%10.5%-5.1%-54.3K3.0M-33.6K3.5739.32N/AN/A1,4685,23625,53227,908
2008-10-23$5.40$5.6381.0%23.2%110.9%64.1%82.7%9.8%-12.8%-49.6K3.1M-45.0K1.7425.40N/AN/A2,2603,92429,65232,480
2008-10-24$5.00$5.6375.7%21.7%101.7%57.6%76.6%5.0%-6.6%-83.3K5.5M-40.9K1.3221.76N/AN/A1,9442,57230,80033,908
2008-10-27$4.55$5.6385.4%24.5%96.5%69.5%82.5%8.1%-5.8%-95.2K7.6M-33.2K1.5413.38N/AN/A1,7522,69630,94434,956
2008-10-28$4.94$5.6375.2%21.6%100.2%56.9%71.3%16.3%-1.2%-98.7K6.3M-37.6K3.2328.78N/AN/A5,11616,50431,13235,480
2008-10-29$4.94$5.6373.0%20.9%99.2%54.2%71.7%7.3%0.7%-115.5K7.0M-51.6K0.2027.61N/AN/A2,17643233,97650,084
2008-10-30$5.06$5.6374.4%21.3%99.7%55.9%71.5%16.8%-1.8%-101.5K6.2M-52.8K0.2325.72N/AN/A1,51234434,92849,972
2008-10-31$5.34$5.6363.1%18.1%100.6%42.0%68.6%15.2%4.9%-71.4K4.2M-53.9K0.5327.44N/AN/A84044435,46449,980