IBKR Options History — February 2023

In February 2023, IBKR traded between $20.11 and $21.79. ATM implied volatility averaged 29.9%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 0.0% (HV 20d: 29.9%). Max pain ranged from $18.75 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.32.

Notable Days

  • 2023-02-06: Highest Volume — 11,524 contracts
  • 2023-02-02: Largest IV spike — 15.5% change
  • 2023-02-07: Highest IV Rank — 19.1%
  • 2023-02-13: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.42$20.11$21.79$20.67$21.59
Max Pain$19.47$18.75$20.00$18.75$20.00
ATM IV29.9%26.6%32.5%26.6%30.0%
Expected Move8.5%7.6%8.8%7.6%8.6%
HV 20d29.9%25.6%34.0%28.5%25.6%
HV 60d29.2%26.8%33.1%31.5%26.8%
IV Rank11.5%1.8%19.1%1.8%12.0%
IV Percentile10.2%1.2%17.5%1.2%12.3%
Term Structure0.2%-1.1%1.4%-0.6%1.4%
VWIV29.5%27.6%31.8%27.6%30.2%
Skew 25d4.3%2.2%5.3%2.2%4.6%
Skew 10d9.0%5.6%11.2%5.6%10.2%
Call IV 25d27.1%26.1%28.3%26.3%27.5%
Put IV 25d31.5%28.5%32.6%28.5%32.1%
Bid-Ask Spread %55.3718.8067.4952.7860.25
Gamma HHI0.240.200.300.240.20
Net GEX1.4M627.1K2.1M904.3K970.7K
Net DEX-26.7M-37.9M-10.4M-17.0M-20.8M
Net VEX-121.9K-136.9K-100.7K-100.7K-136.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.320.076.390.145.33
Total Volume4,638.9471,10411,5243,0522,000
Total OI72,821.89558,72081,72858,72078,684

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$20.67$18.7526.6%7.6%28.5%1.8%27.6%2.2%-0.6%904.3K-17.0M-100.7K0.1452.78N/AN/A2,68037224,97633,744
2023-02-02$20.11$18.7530.7%8.3%31.1%14.0%27.7%5.3%-1.1%627.1K-10.4M-104.4K0.1848.67N/AN/A9,0721,67225,77633,780
2023-02-03$21.02$18.7528.9%7.9%34.0%8.6%27.7%4.1%0.6%1.2M-22.7M-107.6K0.1858.03N/AN/A7,2481,28828,48834,772
2023-02-06$21.05$18.7531.2%8.5%33.5%15.3%28.9%3.6%-0.9%1.4M-24.5M-110.3K0.1438.40N/AN/A10,1121,41229,81635,156
2023-02-07$21.53$18.7532.5%8.6%33.7%19.1%27.8%4.8%-0.8%1.6M-30.7M-123.0K0.0718.80N/AN/A5,88440434,44836,080
2023-02-08$21.64$18.7530.3%8.7%33.7%12.7%29.9%4.6%-0.8%1.8M-33.7M-126.0K0.4931.42N/AN/A2,3881,16037,22436,224
2023-02-09$21.58$18.7530.5%8.8%33.2%13.5%29.6%4.6%-0.2%1.8M-31.9M-131.8K0.6662.95N/AN/A2,2281,48038,30836,920
2023-02-10$21.53$18.7530.0%8.6%33.2%12.0%30.8%4.7%-0.0%1.8M-31.3M-127.2K1.1055.52N/AN/A1,0881,19638,31637,476
2023-02-13$21.65$20.0030.9%8.8%32.1%14.4%30.8%4.3%-0.9%1.9M-34.4M-121.5K0.7261.47N/AN/A1,34096038,31637,724
2023-02-14$21.61$20.0029.1%8.4%32.2%9.4%29.9%4.4%0.1%2.1M-33.2M-119.4K2.0161.15N/AN/A2,1644,35238,28438,448
2023-02-15$21.75$20.0028.9%8.3%28.6%8.5%27.9%4.4%0.1%2.0M-36.1M-128.7K0.3861.09N/AN/A1,12442839,44041,016
2023-02-16$21.79$20.0029.0%8.3%27.2%8.9%28.8%3.8%1.4%1.6M-37.9M-122.6K0.2364.12N/AN/A4,08492439,64841,180
2023-02-17$21.72$20.0029.2%8.4%27.0%9.6%29.4%4.7%1.1%1.3M-35.8M-123.4K0.6767.49N/AN/A2,3561,57240,04041,688
2023-02-21$21.74$20.0030.6%8.8%26.9%13.7%31.8%4.4%0.4%1.2M-25.3M-118.5K2.6763.22N/AN/A1,2723,39233,81234,940
2023-02-22$21.48$20.0030.4%8.7%27.3%13.0%31.0%4.8%0.6%964.0K-21.1M-122.0K0.8064.53N/AN/A61249234,37237,112
2023-02-23$21.41$20.0029.0%8.3%27.2%8.9%29.9%4.9%1.2%913.9K-19.8M-120.7K6.3957.18N/AN/A9125,82434,56837,356
2023-02-24$21.61$20.0030.1%8.6%27.3%12.2%29.9%3.5%1.3%1.0M-22.0M-136.0K1.9460.96N/AN/A8081,56434,84442,208
2023-02-27$21.55$20.0029.8%8.5%25.6%11.3%30.3%4.5%1.0%935.3K-19.6M-134.7K0.9363.96N/AN/A1,1801,09635,12843,304
2023-02-28$21.59$20.0030.0%8.6%25.6%12.0%30.2%4.6%1.4%970.7K-20.8M-136.9K5.3360.25N/AN/A3161,68434,82443,860