IBKR Options History — January 2023

In January 2023, IBKR traded between $17.85 and $20.20. ATM implied volatility averaged 31.8%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 5.2% (HV 20d: 26.6%). Max pain ranged from $17.50 to $18.75. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.38.

Notable Days

  • 2023-01-17: Highest Volume — 24,404 contracts
  • 2023-01-11: Largest IV drop — 16.8% change
  • 2023-01-05: Highest IV Rank — 39.7%
  • 2023-01-03: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.17$17.85$20.20$17.85$19.92
Max Pain$18.13$17.50$18.75$17.50$18.75
ATM IV31.8%26.0%39.5%39.4%27.9%
Expected Move8.8%7.4%11.3%11.3%8.0%
HV 20d26.6%24.2%29.1%26.3%26.9%
HV 60d31.4%29.3%33.2%33.1%30.6%
IV Rank17.1%0.0%39.7%39.4%5.7%
IV Percentile22.4%0.0%69.8%69.4%2.8%
Term Structure-0.9%-3.6%0.4%-2.6%-0.1%
VWIV31.1%25.9%39.2%38.2%29.5%
Skew 25d5.5%3.8%7.5%7.5%3.8%
Skew 10d11.2%7.3%18.4%17.0%9.9%
Call IV 25d28.2%24.7%35.4%35.4%25.9%
Put IV 25d33.7%29.4%42.9%42.9%29.7%
Bid-Ask Spread %49.7222.3870.1564.9339.81
Gamma HHI0.200.130.540.130.19
Net GEX460.1K-41.9K2.7M-41.9K430.7K
Net DEX-16.8M-46.8M-1.6M-6.1M-8.0M
Net VEX-102.1K-122.9K-87.9K-122.9K-101.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.283.182.960.41
Total Volume3,872.458024,4041,9321,576
Total OI81,78953,688113,68091,12458,308

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$17.85$17.5039.4%11.3%26.3%39.4%38.2%7.5%-2.6%-41.9K-6.1M-122.9K2.9664.93N/AN/A4881,44448,03643,088
2023-01-04$17.90$17.5038.9%11.2%26.0%38.2%39.2%6.4%-3.6%13.7K-8.0M-116.7K0.8556.00N/AN/A68458448,28442,776
2023-01-05$17.99$17.5039.5%10.0%25.6%39.7%31.7%6.2%-0.8%15.9K-8.1M-117.0K0.8670.15N/AN/A31226848,15642,560
2023-01-06$18.43$17.5034.2%9.1%26.0%24.3%34.4%6.8%-0.8%164.6K-15.5M-109.9K3.1869.44N/AN/A3281,04448,00042,620
2023-01-09$18.75$17.5038.0%9.3%26.8%35.4%32.5%6.4%-1.2%331.9K-20.8M-102.7K0.9969.19N/AN/A1,1641,15248,00442,724
2023-01-10$18.97$17.5039.5%9.5%27.0%39.7%33.1%6.5%-0.8%399.8K-23.6M-102.7K1.5666.94N/AN/A34854447,76442,856
2023-01-11$18.74$17.5032.8%9.4%26.6%20.2%33.0%6.3%-1.3%282.4K-20.8M-100.3K1.3851.70N/AN/A32444847,89642,980
2023-01-12$18.71$17.5032.0%9.2%24.4%17.8%33.3%5.2%-1.4%195.0K-19.6M-97.9K1.3560.09N/AN/A45661647,85643,096
2023-01-13$19.28$17.5032.3%9.3%25.8%18.5%32.4%6.2%-1.6%521.6K-28.0M-91.8K1.6254.79N/AN/A7921,28447,69643,192
2023-01-17$19.31$17.5033.6%9.6%24.2%22.3%32.6%6.3%-2.7%509.3K-28.1M-87.9K0.9155.51N/AN/A12,75611,64847,75243,864
2023-01-18$20.20$18.7529.5%8.5%27.5%10.3%30.0%5.4%-1.0%2.1M-46.8M-102.8K0.2849.06N/AN/A16,9924,68056,24452,756
2023-01-19$19.80$18.7528.6%8.2%29.1%7.5%28.9%4.6%0.4%2.7M-38.5M-105.2K0.5141.45N/AN/A2,9001,48059,68453,532
2023-01-20$19.66$18.7527.2%7.8%28.3%3.6%28.4%5.5%-0.0%210.4K-31.9M-100.2K0.4142.63N/AN/A2,20890460,03653,644
2023-01-23$19.89$18.7527.2%7.8%28.3%3.5%27.1%4.3%-0.3%368.6K-7.7M-97.3K0.5322.38N/AN/A1,35671222,76430,924
2023-01-24$19.79$18.7526.8%7.7%28.0%2.1%29.5%4.8%-0.1%343.7K-7.2M-95.4K2.8041.73N/AN/A3761,05223,02431,132
2023-01-25$19.68$18.7526.4%7.6%26.0%1.1%28.6%4.1%0.1%241.7K-5.6M-98.2K2.9934.40N/AN/A5241,56823,58431,908
2023-01-26$19.77$18.7526.0%7.4%25.1%0.0%25.9%4.6%0.1%266.7K-6.2M-98.9K0.6133.63N/AN/A57635223,45632,464
2023-01-27$19.34$18.7528.8%8.3%26.6%8.4%26.9%4.7%-0.7%-10.5K-1.6M-96.2K0.7941.46N/AN/A1,00479623,47632,528
2023-01-30$19.48$18.7527.1%7.8%26.7%3.3%27.7%4.7%-0.2%179.8K-3.6M-97.6K2.5929.09N/AN/A4761,23224,53232,584
2023-01-31$19.92$18.7527.9%8.0%26.9%5.7%29.5%3.8%-0.1%430.7K-8.0M-101.1K0.4139.81N/AN/A1,11646024,73633,572