IBKR Options History — April 2020

In April 2020, IBKR traded between $9.68 and $11.48. ATM implied volatility averaged 55.8%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 18.5% (HV 20d: 74.2%). Max pain ranged from $10.00 to $11.25. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2020-04-22: Highest Volume — 23,660 contracts
  • 2020-04-06: Largest IV drop — 21.5% change
  • 2020-04-01: Highest IV Rank — 65.7%
  • 2020-04-01: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.78$9.68$11.48$10.85$10.28
Max Pain$10.83$10.00$11.25$11.25$10.00
ATM IV55.8%44.4%75.3%75.3%48.0%
Expected Move15.7%12.7%21.6%21.6%13.8%
HV 20d74.2%47.0%98.3%98.3%52.9%
HV 60d68.9%67.4%70.9%67.4%68.8%
IV Rank40.7%26.2%65.7%65.7%30.8%
IV Percentile88.5%83.3%94.0%94.0%84.5%
Term Structure-4.0%-16.1%0.7%-16.1%-4.7%
VWIV55.8%44.7%73.5%71.1%47.2%
Skew 25d8.8%3.0%15.1%6.7%7.1%
Skew 10d21.9%10.5%46.6%46.6%23.6%
Call IV 25d52.1%41.1%71.8%71.8%46.0%
Put IV 25d61.0%48.3%78.5%78.5%53.2%
Bid-Ask Spread %40.6215.6895.3895.3839.15
Gamma HHI0.230.170.380.220.26
Net GEX-112.6K-328.0K254.1K-109.4K-140.2K
Net DEX7.0M700.9K14.6M5.9M8.9M
Net VEX-86.2K-96.1K-72.7K-92.1K-87.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.102.060.260.10
Total Volume4,698.28677623,6601,1969,740
Total OI71,934.66755,75292,49659,68492,496

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$10.85$11.2575.3%21.6%98.3%65.7%71.1%6.7%-16.1%-109.4K5.9M-92.1K0.2695.38N/AN/A94824828,47631,208
2020-04-02$10.99$10.0066.1%18.2%97.5%53.9%73.5%15.1%-2.4%-108.3K5.5M-94.1K0.4852.25N/AN/A1,09252428,81231,376
2020-04-03$10.68$11.2572.6%17.8%97.8%62.2%72.5%12.5%-3.9%-145.0K7.5M-87.6K0.8258.23N/AN/A1,11291629,66431,780
2020-04-06$11.25$11.2557.0%16.4%95.7%42.2%62.9%13.2%-2.3%-66.5K4.2M-91.3K1.6553.38N/AN/A6241,03230,50032,124
2020-04-07$11.07$11.2563.8%16.2%93.4%51.0%57.0%8.6%-1.1%-111.9K5.7M-87.2K0.6955.07N/AN/A1,26086830,79632,964
2020-04-08$11.26$11.2555.2%15.8%92.3%39.9%51.4%12.3%-3.5%-62.6K4.3M-89.4K0.4345.64N/AN/A54423231,56432,896
2020-04-09$11.48$11.2556.5%16.2%88.1%41.6%57.9%9.0%-3.7%9.4K2.6M-90.4K1.6547.77N/AN/A6321,04431,70833,020
2020-04-13$11.20$11.2558.2%16.7%88.4%43.8%55.2%10.3%-4.3%-85.1K5.0M-85.6K0.1640.28N/AN/A1,19219631,72034,184
2020-04-14$11.30$11.2555.5%15.9%86.7%40.4%51.3%12.3%-5.1%-11.1K3.9M-85.3K0.8244.88N/AN/A1,8521,51232,76834,236
2020-04-15$11.23$11.2558.1%16.7%86.5%43.7%57.6%11.9%-5.6%37.7K4.0M-88.7K0.7832.33N/AN/A1,4401,12034,78835,672
2020-04-16$11.29$11.2556.9%16.3%76.1%42.2%55.9%8.5%-6.4%254.1K2.6M-89.2K0.1832.72N/AN/A1,11620035,69635,556
2020-04-17$11.46$11.2553.6%15.4%70.7%37.9%51.0%9.8%-4.5%-11.2K700.9K-89.3K0.1751.64N/AN/A1,63627236,63235,528
2020-04-20$11.24$11.2557.5%16.5%68.6%42.9%59.4%6.9%-5.6%-16.4K4.1M-86.5K0.5851.92N/AN/A6,8163,92428,72427,028
2020-04-21$10.91$11.2559.7%17.1%62.1%45.7%62.7%6.8%-7.3%-129.1K7.2M-96.1K0.3426.48N/AN/A6,1762,12834,09636,040
2020-04-22$9.91$11.2549.7%14.3%58.7%33.0%52.1%7.5%-0.8%-293.9K13.6M-72.7K0.9228.11N/AN/A12,29211,36838,88435,808
2020-04-23$9.84$10.0047.1%13.5%48.6%29.6%50.5%5.9%0.7%-250.6K13.1M-79.3K1.4221.74N/AN/A2,5203,56846,12038,428
2020-04-24$9.68$10.0045.2%13.0%47.0%27.2%47.1%3.0%0.1%-313.4K14.6M-75.1K0.4718.63N/AN/A2,2721,07645,68440,336
2020-04-27$9.99$10.0044.4%12.7%48.6%26.2%45.2%6.3%-2.7%-328.0K12.8M-78.9K0.8821.37N/AN/A3,1602,78845,94441,036
2020-04-28$9.92$10.0045.0%12.9%48.2%27.0%45.7%4.7%-2.2%-299.5K12.7M-79.0K2.0615.68N/AN/A44491646,98840,828
2020-04-29$10.50$10.0045.9%13.2%52.7%28.1%44.7%7.2%-1.9%-183.6K8.2M-85.1K0.1320.44N/AN/A6,96889647,46841,052
2020-04-30$10.28$10.0048.0%13.8%52.9%30.8%47.2%7.1%-4.7%-140.2K8.9M-87.7K0.1039.15N/AN/A8,88885251,38841,108