IBKR Options History — March 2020

In March 2020, IBKR traded between $8.98 and $13.50. ATM implied volatility averaged 79.4%, placing in the 85.2% IV rank vs the trailing year. The 30-day expected move averaged 22.2%. IV traded above realized volatility by 6.8% (HV 20d: 72.6%). Max pain ranged from $11.25 to $13.75. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 2.04.

Notable Days

  • 2020-03-02: Highest Volume — 6,324 contracts
  • 2020-03-09: Largest IV spike — 31.3% change
  • 2020-03-05: Highest IV Rank — 100.0%
  • 2020-03-18: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.92$8.98$13.50$13.50$10.69
Max Pain$11.93$11.25$13.75$13.75$11.25
ATM IV79.4%48.5%102.2%48.8%65.5%
Expected Move22.2%13.9%29.3%14.0%18.8%
HV 20d72.6%47.1%102.8%54.2%98.5%
HV 60d52.0%37.2%67.3%37.2%67.3%
IV Rank85.2%53.1%100.0%69.0%53.1%
IV Percentile98.4%93.3%100.0%99.2%93.3%
Term Structure-14.4%-29.3%-0.9%-2.7%-0.9%
VWIV74.9%48.5%97.1%52.7%62.0%
Skew 25d15.5%5.0%51.9%5.0%6.3%
Skew 10d28.2%-4.3%70.1%23.3%26.6%
Call IV 25d69.9%46.9%90.2%47.8%64.6%
Put IV 25d85.3%52.2%128.5%52.8%70.9%
Bid-Ask Spread %67.7531.1394.8640.8987.74
Gamma HHI0.220.160.350.350.24
Net GEX-180.5K-321.8K52.6K52.6K-157.2K
Net DEX10.3M-5.6M20.0M-5.6M7.4M
Net VEX-100.6K-131.8K-67.7K-131.8K-87.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.040.2111.475.271.31
Total Volume2,378.9098926,3246,3241,588
Total OI78,727.63652,45694,12484,28458,788

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$13.50$13.7548.8%14.0%54.2%69.0%52.7%5.0%-2.7%52.6K-5.6M-131.8K5.2740.89N/AN/A1,0085,31632,04852,236
2020-03-03$13.00$13.7556.2%16.1%48.8%89.5%54.8%8.2%-7.2%-78.3K-211.4K-127.6K0.6056.74N/AN/A96058032,23652,076
2020-03-04$12.49$13.7548.5%13.9%47.1%68.2%48.5%5.3%-5.9%-182.4K4.1M-118.3K0.7831.13N/AN/A97676432,38852,200
2020-03-05$11.95$12.5060.4%14.9%48.7%100.0%53.8%7.0%-8.2%-222.3K8.4M-117.3K0.2164.93N/AN/A3,18867232,92052,476
2020-03-06$11.96$12.5065.9%17.5%48.7%100.0%66.9%16.1%-9.1%-147.3K6.9M-123.2K0.8155.93N/AN/A76061634,20452,736
2020-03-09$11.04$12.5086.5%20.1%55.8%100.0%67.2%5.1%-12.0%-228.7K13.3M-105.2K2.0364.33N/AN/A7401,50034,07652,792
2020-03-10$11.70$12.5086.3%21.0%59.2%99.7%78.7%13.1%-15.4%-183.6K8.8M-115.4K11.4747.14N/AN/A4805,50834,58452,296
2020-03-11$11.19$12.5072.9%20.9%58.5%78.3%75.0%8.3%-18.2%-269.6K13.8M-107.7K1.8145.30N/AN/A1,5402,78834,60856,240
2020-03-12$10.39$12.5089.7%25.7%62.6%100.0%97.1%18.2%-22.7%-321.8K17.8M-103.5K2.1957.82N/AN/A1,0882,38435,22058,504
2020-03-13$10.64$11.2576.5%21.9%63.9%80.0%82.3%12.9%-28.8%-306.0K17.6M-99.3K2.1463.19N/AN/A9241,97635,30458,564
2020-03-16$10.19$11.2598.1%28.1%64.6%100.0%88.5%21.0%-25.6%-308.9K18.8M-93.6K2.2166.80N/AN/A5401,19635,64458,480
2020-03-17$10.43$11.2590.0%25.8%66.0%89.0%88.1%24.1%-15.8%-301.7K17.4M-101.3K1.0561.53N/AN/A43645635,66858,356
2020-03-18$9.38$11.25102.2%29.3%72.2%100.0%86.9%51.9%-29.3%-297.8K20.0M-82.6K1.7174.13N/AN/A55694835,86058,136
2020-03-19$10.21$11.2595.6%27.4%80.4%91.6%92.3%26.9%-22.7%-195.1K14.1M-93.7K1.0581.83N/AN/A70073636,31254,744
2020-03-20$9.74$11.2583.6%24.0%80.7%76.3%85.2%14.9%-11.9%-110.9K17.4M-82.5K1.1982.75N/AN/A81697236,39254,812
2020-03-23$8.98$11.2595.8%27.5%83.7%91.8%91.5%23.2%-14.0%-113.7K11.2M-67.7K0.2881.82N/AN/A1,16032426,22826,228
2020-03-24$10.12$11.2582.2%23.6%97.0%74.5%88.3%15.4%-12.4%-121.7K8.7M-83.1K1.5883.78N/AN/A1,2281,94426,61626,364
2020-03-25$11.04$11.2587.7%25.2%102.4%81.6%85.7%15.4%-11.4%-81.2K5.0M-99.6K0.3388.03N/AN/A98432827,04028,488
2020-03-26$10.59$11.2585.5%24.5%102.8%78.6%72.6%10.9%-10.5%-118.8K7.1M-91.5K3.3181.20N/AN/A3361,11227,14828,496
2020-03-27$10.46$11.2584.0%24.1%102.4%76.8%63.0%14.5%-14.7%-132.9K7.9M-88.5K3.1294.86N/AN/A23272427,37229,384
2020-03-30$10.61$11.2583.9%24.1%98.8%76.6%67.6%17.0%-16.7%-142.8K7.3M-91.1K0.4178.56N/AN/A88836427,41630,328
2020-03-31$10.69$11.2565.5%18.8%98.5%53.1%62.0%6.3%-0.9%-157.2K7.4M-87.7K1.3187.74N/AN/A68890028,28830,500