IBKR Options History — January 2022

In January 2022, IBKR traded between $16.28 and $19.86. ATM implied volatility averaged 35.7%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 6.3% (HV 20d: 29.4%). Max pain ranged from $17.50 to $18.75. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.91.

Notable Days

2022-01-31: Highest Volume — 72,156 contracts
2022-01-12: Largest IV drop — 22.2% change
2022-01-25: Highest IV Rank — 55.0%
2022-01-25: Largest Expected Move — 12.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.17	$16.28	$19.86	$19.43	$16.94
Max Pain	$17.75	$17.50	$18.75	$18.75	$17.50
ATM IV	35.7%	29.6%	43.2%	30.2%	39.4%
Expected Move	10.0%	8.5%	12.4%	8.7%	11.3%
HV 20d	29.4%	25.9%	33.3%	25.9%	33.3%
HV 60d	27.3%	25.3%	29.1%	25.3%	28.2%
IV Rank	34.0%	16.2%	55.0%	17.9%	52.1%
IV Percentile	78.5%	49.2%	98.8%	56.0%	88.9%
Term Structure	-1.6%	-5.0%	0.3%	0.0%	-5.0%
VWIV	36.7%	31.1%	65.0%	35.6%	65.0%
Skew 25d	5.4%	3.0%	14.7%	4.8%	14.7%
Skew 10d	11.1%	5.7%	21.7%	11.8%	21.7%
Call IV 25d	33.2%	29.6%	39.3%	30.3%	36.1%
Put IV 25d	38.5%	33.0%	50.8%	35.1%	50.8%
Bid-Ask Spread %	61.69	44.03	72.15	57.11	59.37
Gamma HHI	0.34	0.12	0.86	0.27	0.21
Net GEX	172.1K	-1.2M	5.6M	437.9K	208.0K
Net DEX	-22.2M	-58.1M	16.5M	-43.9M	-8.8M
Net VEX	-185.1K	-223.0K	-145.9K	-223.0K	-163.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.91	0.39	17.41	0.99	17.41
Total Volume	10,502.6	2,728	72,156	6,752	72,156
Total OI	94,062.2	42,968	123,944	103,828	58,228

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-01-03	$19.43	$18.75	30.2%	8.7%	25.9%	17.9%	35.6%	4.8%	0.0%	437.9K	-43.9M	-223.0K	0.99	57.11	N/A	N/A	3,388	3,364	55,948	47,880
2022-01-04	$19.86	$18.75	30.6%	8.8%	26.5%	19.0%	31.7%	3.0%	0.3%	593.4K	-58.1M	-212.6K	0.76	64.24	N/A	N/A	2,812	2,140	56,432	47,452
2022-01-05	$19.18	$18.75	35.2%	10.1%	29.4%	32.2%	34.6%	3.3%	-3.5%	242.8K	-43.3M	-214.4K	3.13	70.88	N/A	N/A	2,508	7,856	56,404	47,208
2022-01-06	$19.33	$17.50	35.1%	9.4%	29.3%	31.8%	32.2%	4.1%	-1.4%	-262.6K	-41.4M	-221.9K	0.61	64.57	N/A	N/A	3,312	2,020	56,404	53,220
2022-01-07	$19.30	$17.50	34.4%	9.1%	29.1%	29.9%	32.4%	4.0%	-0.6%	-463.7K	-42.7M	-220.3K	0.39	65.67	N/A	N/A	4,904	1,900	56,724	53,268
2022-01-10	$18.95	$17.50	38.0%	9.4%	29.9%	40.3%	32.9%	3.6%	-0.7%	-732.7K	-33.4M	-212.1K	0.60	59.86	N/A	N/A	4,344	2,612	58,520	53,264
2022-01-11	$19.26	$17.50	38.0%	9.2%	30.3%	40.2%	33.2%	4.3%	-0.7%	-637.3K	-42.5M	-206.0K	0.82	62.68	N/A	N/A	3,004	2,460	58,520	52,824
2022-01-12	$19.39	$17.50	29.6%	8.5%	30.3%	16.2%	33.2%	4.7%	-0.3%	-559.3K	-44.2M	-201.1K	0.87	60.42	N/A	N/A	2,352	2,036	57,808	52,836
2022-01-13	$19.01	$17.50	31.8%	9.1%	31.2%	22.4%	32.1%	3.6%	-0.7%	-930.8K	-33.8M	-204.0K	0.71	61.13	N/A	N/A	2,976	2,104	57,908	52,856
2022-01-14	$18.66	$17.50	32.3%	9.2%	29.9%	23.8%	33.8%	3.7%	-0.9%	-1.2M	-24.5M	-197.9K	0.89	59.77	N/A	N/A	3,216	2,876	58,804	52,904
2022-01-18	$17.97	$17.50	36.9%	10.6%	32.2%	36.8%	36.2%	3.7%	-2.0%	-343.0K	-4.2M	-177.0K	0.80	58.47	N/A	N/A	11,280	9,064	59,984	52,976
2022-01-19	$18.02	$17.50	32.0%	9.2%	30.6%	23.1%	31.1%	3.3%	0.2%	-75.3K	-3.6M	-165.5K	0.76	63.34	N/A	N/A	7,088	5,356	66,752	57,192
2022-01-20	$18.07	$17.50	33.1%	9.5%	28.5%	26.2%	31.4%	4.8%	-0.4%	664.3K	-4.1M	-157.8K	0.48	54.55	N/A	N/A	3,992	1,924	64,476	54,800
2022-01-21	$17.38	$18.75	34.3%	9.8%	30.0%	29.5%	34.0%	4.8%	-0.6%	5.6M	16.5M	-151.4K	1.20	72.15	N/A	N/A	3,120	3,732	63,704	54,644
2022-01-24	$16.91	$17.50	39.9%	11.4%	29.1%	45.5%	41.1%	7.0%	-2.6%	392.4K	-10.8M	-145.9K	0.60	61.86	N/A	N/A	3,368	2,032	30,596	12,372
2022-01-25	$16.55	$17.50	43.2%	12.4%	28.7%	55.0%	48.2%	8.2%	-4.0%	395.3K	-8.7M	-148.3K	5.41	59.45	N/A	N/A	2,260	12,220	32,080	13,592
2022-01-26	$16.52	$17.50	40.9%	11.7%	28.0%	48.5%	39.9%	7.2%	-3.5%	62.5K	-5.4M	-163.3K	0.82	68.11	N/A	N/A	2,100	1,724	33,216	23,796
2022-01-27	$16.30	$17.50	40.9%	11.7%	28.0%	48.4%	38.6%	7.6%	-3.9%	-1.9K	-3.3M	-158.4K	0.43	44.03	N/A	N/A	2,604	1,120	33,544	23,952
2022-01-28	$16.28	$17.50	38.1%	10.9%	28.2%	40.4%	37.8%	7.4%	-1.7%	-17.8K	-3.8M	-157.4K	0.58	66.05	N/A	N/A	1,732	996	34,024	24,132
2022-01-31	$16.94	$17.50	39.4%	11.3%	33.3%	52.1%	65.0%	14.7%	-5.0%	208.0K	-8.8M	-163.9K	17.41	59.37	N/A	N/A	3,920	68,236	33,896	24,332