IBKR Options History — April 2023

In April 2023, IBKR traded between $19.27 and $21.23. ATM implied volatility averaged 33.2%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 2.6% (HV 20d: 35.9%). Max pain ranged from $16.25 to $20.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.92.

Notable Days

  • 2023-04-18: Highest Volume — 15,416 contracts
  • 2023-04-19: Largest IV drop — 16.8% change
  • 2023-04-11: Highest IV Rank — 29.7%
  • 2023-04-04: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.25$19.27$21.23$20.63$19.45
Max Pain$19.41$16.25$20.00$16.25$20.00
ATM IV33.2%26.7%41.1%35.8%26.7%
Expected Move9.3%7.6%11.2%10.3%7.6%
HV 20d35.9%21.8%54.5%54.2%22.8%
HV 60d37.0%36.0%37.8%37.8%36.0%
IV Rank14.3%1.4%29.7%19.3%1.4%
IV Percentile35.8%2.0%83.7%52.4%2.0%
Term Structure-0.4%-2.1%1.4%-0.9%1.4%
VWIV33.4%26.9%45.4%38.6%28.4%
Skew 25d5.3%3.5%8.0%6.1%3.5%
Skew 10d10.9%6.1%15.9%11.1%6.1%
Call IV 25d30.6%25.5%38.4%35.2%27.2%
Put IV 25d36.0%29.4%42.8%41.3%30.8%
Bid-Ask Spread %56.4912.9470.3967.7246.28
Gamma HHI0.160.140.240.170.16
Net GEX160.5K-411.3K1.2M358.0K-411.3K
Net DEX-28.8M-56.6M5.7M-42.7M4.1M
Net VEX-237.4K-267.0K-204.8K-266.0K-204.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.122.090.881.63
Total Volume3,908.2111,20015,4162,6841,644
Total OI106,937.68479,624126,104111,40882,528

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$20.63$16.2535.8%10.3%54.2%19.3%38.6%6.1%-0.9%358.0K-42.7M-266.0K0.8867.72N/AN/A1,4241,26058,18453,224
2023-04-04$20.20$16.2539.2%11.2%54.5%26.0%45.4%4.3%-2.0%69.4K-33.4M-267.0K1.8961.47N/AN/A46888457,87653,360
2023-04-05$19.95$16.2538.9%11.1%54.4%25.3%39.1%5.8%-2.1%-133.7K-27.3M-262.1K0.5563.26N/AN/A1,57686457,80053,460
2023-04-06$19.85$20.0037.9%10.2%52.3%23.4%36.2%8.0%-0.5%-173.8K-26.2M-257.3K2.0959.88N/AN/A38881258,32053,880
2023-04-10$20.03$20.0040.9%10.2%47.9%29.3%39.2%6.9%-0.9%-122.3K-29.0M-250.9K0.1264.99N/AN/A2,05624858,43654,096
2023-04-11$20.11$20.0041.1%10.1%44.9%29.7%36.0%6.3%-0.5%-49.9K-31.0M-248.5K1.7666.35N/AN/A6281,10459,04054,196
2023-04-12$20.41$20.0036.2%10.4%43.0%20.1%33.7%7.0%-1.2%187.0K-36.7M-251.1K0.1465.92N/AN/A4,05257659,23654,160
2023-04-13$20.59$20.0035.3%10.1%37.3%18.4%36.0%6.2%-1.1%393.2K-41.7M-252.3K0.2067.37N/AN/A1,19624461,24454,108
2023-04-14$20.85$20.0032.0%9.2%35.8%11.8%33.2%6.3%-0.4%595.7K-47.9M-248.7K0.3269.68N/AN/A2,03664461,35654,236
2023-04-17$20.92$20.0031.8%9.1%33.7%11.4%33.2%6.3%-0.9%704.1K-49.0M-236.9K0.5058.01N/AN/A3,8041,90461,62854,420
2023-04-18$21.23$20.0032.2%9.2%32.2%12.2%33.8%4.5%-1.4%1.2M-55.9M-241.0K0.6068.69N/AN/A9,6405,77662,31255,712
2023-04-19$21.12$20.0026.8%7.7%26.5%1.6%26.9%3.9%0.1%1.2M-56.6M-230.9K1.1056.25N/AN/A6,3446,94866,56059,544
2023-04-20$20.47$20.0028.8%8.3%25.5%5.7%28.7%4.0%0.5%-58.3K-38.4M-225.9K1.1842.40N/AN/A1,8722,20065,54859,012
2023-04-21$20.26$20.0027.9%8.0%25.8%3.8%27.3%4.4%1.1%11.6K-36.7M-226.2K0.3643.90N/AN/A2,15677665,45259,100
2023-04-24$20.24$20.0028.3%8.1%22.6%4.6%27.8%4.7%0.2%128.2K-8.2M-211.3K1.5812.94N/AN/A1,2201,92838,86040,764
2023-04-25$19.72$20.0030.2%8.7%21.8%8.3%31.0%4.4%0.6%-165.9K-269.6K-213.6K0.4770.39N/AN/A3,2121,50839,36441,744
2023-04-26$19.27$20.0033.0%9.5%23.1%13.8%30.9%4.9%-0.1%-364.8K5.7M-205.6K0.7725.06N/AN/A76859239,24042,208
2023-04-27$19.48$20.0028.6%8.2%22.9%5.2%28.9%4.0%0.8%-303.3K3.6M-210.1K1.2862.67N/AN/A66084439,39642,212
2023-04-28$19.45$20.0026.7%7.6%22.8%1.4%28.4%3.5%1.4%-411.3K4.1M-204.8K1.6346.28N/AN/A6241,02039,56442,964