IBKR Options History — March 2021

In March 2021, IBKR traded between $18.11 and $19.80. ATM implied volatility averaged 36.5%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 6.2% (HV 20d: 30.3%). Max pain ranged from $15.00 to $18.75. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 1.94.

Notable Days

  • 2021-03-23: Highest Volume — 13,056 contracts
  • 2021-03-29: Largest IV spike — 10.0% change
  • 2021-03-08: Highest IV Rank — 20.1%
  • 2021-03-03: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.06$18.11$19.80$19.23$18.35
Max Pain$18.26$15.00$18.75$15.00$18.75
ATM IV36.5%30.2%43.2%38.6%31.5%
Expected Move10.4%8.7%11.8%11.1%9.0%
HV 20d30.3%25.2%36.2%36.2%25.6%
HV 60d35.6%34.6%36.4%35.8%35.0%
IV Rank11.4%3.0%20.1%13.8%6.7%
IV Percentile41.4%6.7%74.6%53.6%15.9%
Term Structure0.8%-1.6%2.5%1.1%-0.4%
VWIV37.0%30.5%42.0%40.4%30.5%
Skew 25d3.0%0.2%6.9%4.4%6.9%
Skew 10d8.1%1.3%15.4%13.6%8.8%
Call IV 25d35.8%30.2%39.9%37.7%30.2%
Put IV 25d38.7%32.4%44.3%42.1%37.1%
Bid-Ask Spread %71.4456.1590.2060.6485.54
Gamma HHI0.140.110.190.120.19
Net GEX600.4K-597.6K1.3M1.1M-483.3K
Net DEX-38.5M-65.3M4.4M-54.9M19.4K
Net VEX-317.5K-357.6K-275.6K-340.2K-317.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.0519.770.300.32
Total Volume2,950.95748813,0567,8641,940
Total OI148,537.391109,944163,732157,124134,032

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$19.23$15.0038.6%11.1%36.2%13.8%40.4%4.4%1.1%1.1M-54.9M-340.2K0.3060.64N/AN/A6,0401,82463,52093,604
2021-03-02$18.98$15.0039.1%11.2%31.1%14.5%39.0%5.2%0.5%1.2M-54.2M-351.1K1.6464.38N/AN/A1,3762,25268,52493,924
2021-03-03$19.13$15.0041.0%11.8%28.6%17.1%41.1%4.6%-1.4%1.2M-56.8M-357.6K0.4456.15N/AN/A85237267,80095,932
2021-03-04$18.66$18.7542.3%11.6%30.6%18.8%35.0%0.4%2.2%1.1M-50.4M-342.6K0.2990.20N/AN/A2,03258867,52495,892
2021-03-05$18.73$18.7539.9%11.5%30.5%15.6%41.1%4.6%-0.4%1.1M-51.2M-325.1K1.2860.97N/AN/A73694466,42895,412
2021-03-08$19.09$18.7543.2%11.7%29.8%20.1%41.4%3.6%-0.1%1.0M-55.2M-333.7K1.4569.86N/AN/A36452866,87695,120
2021-03-09$19.80$18.7540.2%11.0%32.0%16.0%38.7%4.4%0.3%1.3M-65.3M-316.9K0.5568.84N/AN/A1,18064466,78895,300
2021-03-10$19.59$18.7539.0%11.2%32.2%14.3%41.9%4.7%0.2%1.2M-61.4M-327.1K0.1870.35N/AN/A2,25239666,11295,312
2021-03-11$19.70$18.7538.4%11.0%31.5%13.6%42.0%4.3%1.8%1.1M-61.9M-317.5K0.0569.86N/AN/A3,00014064,80495,276
2021-03-12$19.66$18.7539.1%11.2%31.4%14.6%41.9%2.5%-0.6%1.1M-62.0M-297.4K0.1163.44N/AN/A1,14812864,23295,348
2021-03-15$19.62$18.7538.8%11.1%31.3%14.1%41.4%3.4%1.1%1.1M-60.4M-302.3K0.7071.02N/AN/A42029665,24895,440
2021-03-16$19.14$18.7539.4%11.3%30.1%15.0%40.2%2.8%1.5%738.9K-51.3M-304.5K0.8266.16N/AN/A68055664,57695,592
2021-03-17$19.39$18.7536.2%10.4%30.1%10.5%37.7%0.9%1.8%884.9K-56.1M-305.6K0.4268.84N/AN/A34414464,23295,716
2021-03-18$19.44$18.7536.2%10.4%30.1%10.5%38.8%4.0%0.3%892.3K-55.2M-304.4K0.2268.48N/AN/A71215664,23295,824
2021-03-19$19.69$18.7533.9%9.7%30.2%8.2%33.4%3.7%2.2%495.2K-59.0M-286.9K3.1174.48N/AN/A1,2523,89263,96895,904
2021-03-22$19.53$18.7531.7%9.1%30.2%4.9%31.4%3.4%2.5%401.0K-16.2M-294.9K0.2969.34N/AN/A1,84454035,23674,708
2021-03-23$18.99$18.7532.0%9.2%31.6%5.4%33.6%0.5%1.9%434.8K-15.2M-275.6K6.0385.13N/AN/A1,85611,20036,86475,392
2021-03-24$18.72$18.7530.4%8.7%30.6%3.5%31.7%0.9%0.6%-85.0K-6.9M-316.6K19.7769.00N/AN/A3126,16836,92886,128
2021-03-25$18.52$18.7530.2%8.7%30.7%3.0%31.7%0.2%1.8%-382.9K-1.2M-317.7K3.9483.54N/AN/A7242,85237,10891,476
2021-03-26$18.27$18.7531.1%8.9%30.9%4.8%30.9%1.1%1.7%-544.0K2.0M-329.2K0.7579.46N/AN/A94470837,21693,276
2021-03-29$18.14$18.7534.2%9.8%25.5%10.5%32.5%0.6%-1.6%-575.1K3.1M-313.9K1.5074.16N/AN/A66098837,38493,856
2021-03-30$18.11$18.7531.9%9.2%25.2%6.4%34.5%0.6%1.9%-597.6K4.4M-325.0K0.4673.30N/AN/A1,29259637,81694,480
2021-03-31$18.35$18.7531.5%9.0%25.6%6.7%30.5%6.9%-0.4%-483.3K19.4K-317.2K0.3285.54N/AN/A1,47246839,11294,920