IBKR Options History — February 2024

In February 2024, IBKR traded between $22.74 and $27.21. ATM implied volatility averaged 25.6%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 2.9% (HV 20d: 28.5%). Max pain ranged from $21.25 to $22.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.75.

Notable Days

  • 2024-02-27: Highest Volume — 33,624 contracts
  • 2024-02-13: Largest IV spike — 8.8% change
  • 2024-02-13: Highest IV Rank — 11.0%
  • 2024-02-13: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.34$22.74$27.21$22.74$27.21
Max Pain$21.69$21.25$22.50$21.25$22.50
ATM IV25.6%24.0%27.3%24.7%25.0%
Expected Move7.3%6.9%7.8%7.0%7.2%
HV 20d28.5%18.0%30.9%18.0%28.9%
HV 60d26.2%24.1%27.4%24.1%24.8%
IV Rank7.9%5.0%11.0%6.2%6.8%
IV Percentile27.6%17.5%40.1%20.2%23.8%
Term Structure1.7%0.3%3.3%1.8%3.3%
VWIV26.3%23.8%29.1%24.9%26.5%
Skew 25d1.7%0.5%3.5%3.5%1.4%
Skew 10d4.6%1.1%9.1%9.1%3.4%
Call IV 25d25.4%22.6%27.3%22.6%25.6%
Put IV 25d27.2%25.6%29.1%26.1%27.0%
Bid-Ask Spread %53.2730.0272.6347.0956.48
Gamma HHI0.300.230.430.230.27
Net GEX2.7M1.6M3.7M1.6M3.3M
Net DEX-77.7M-111.4M-34.2M-34.2M-98.4M
Net VEX-231.6K-291.3K-203.1K-236.1K-291.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.052.222.220.38
Total Volume7,016.21,38033,6241,3802,748
Total OI116,775.2106,768131,464109,512131,464

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$22.74$21.2524.7%7.0%18.0%6.2%24.9%3.5%1.8%1.6M-34.2M-236.1K2.2247.09N/AN/A42895259,61649,896
2024-02-02$24.00$21.2524.0%7.0%25.7%5.0%25.4%1.9%1.5%2.4M-60.5M-216.5K0.4767.00N/AN/A8,7364,12459,70849,944
2024-02-05$23.87$21.2525.8%7.1%25.9%8.3%25.5%2.2%0.9%2.7M-59.3M-226.4K0.7343.15N/AN/A1,22088862,54451,332
2024-02-06$23.26$21.2525.3%6.9%27.9%7.4%24.9%2.3%1.5%2.4M-46.5M-226.0K0.8041.43N/AN/A2,0441,62862,62451,712
2024-02-07$23.60$21.2524.0%6.9%28.2%5.1%23.8%2.5%1.6%2.7M-52.5M-226.1K1.0950.50N/AN/A3,2123,51662,13652,172
2024-02-08$23.84$21.2524.2%6.9%28.0%5.4%25.2%2.0%1.6%2.8M-59.7M-224.5K1.0462.94N/AN/A1,9402,00863,53251,420
2024-02-09$24.50$21.2524.1%6.9%29.0%5.3%24.9%2.4%1.5%2.6M-72.3M-218.5K0.4249.53N/AN/A5,7842,45664,06853,032
2024-02-12$24.53$21.2525.1%7.2%29.1%7.0%26.0%1.6%1.0%2.7M-74.8M-213.5K0.5430.02N/AN/A1,9641,06465,16452,404
2024-02-13$25.20$21.2527.3%7.8%29.0%11.0%26.9%1.6%0.3%2.3M-86.1M-203.1K0.1754.29N/AN/A12,9402,25264,74052,776
2024-02-14$25.31$21.2526.2%7.5%28.4%9.0%26.1%2.3%1.7%3.1M-92.7M-216.0K0.2268.68N/AN/A5,6801,26472,10052,328
2024-02-15$26.14$21.2526.7%7.6%29.5%9.8%27.2%1.0%0.3%3.3M-110.2M-219.7K0.3246.97N/AN/A8,8362,80873,92852,688
2024-02-16$26.20$21.2527.0%7.7%29.6%10.4%27.5%1.2%1.3%3.7M-111.4M-236.6K0.3251.27N/AN/A5,6681,81676,22053,812
2024-02-20$25.79$21.2526.8%7.7%30.4%10.0%29.0%1.8%1.8%2.5M-70.8M-235.1K0.9350.79N/AN/A1,7881,65664,64442,124
2024-02-21$26.22$22.5027.0%7.7%30.5%10.4%29.1%1.5%1.8%2.6M-76.8M-236.8K1.3851.39N/AN/A9121,26064,83643,236
2024-02-22$26.77$22.5026.7%7.7%30.9%9.9%27.4%1.4%1.9%2.6M-87.1M-220.3K0.6244.57N/AN/A3,7122,30464,99643,928
2024-02-23$26.67$22.5025.2%7.2%30.4%7.3%26.4%1.6%2.8%2.6M-85.1M-236.0K1.5247.30N/AN/A1,5442,34066,20845,304
2024-02-26$27.04$22.5025.9%7.4%30.5%8.4%27.2%1.3%1.9%2.6M-91.6M-229.1K0.7365.59N/AN/A1,7481,27266,77246,604
2024-02-27$26.79$22.5025.8%7.4%30.3%8.3%25.9%1.0%2.9%2.7M-87.9M-235.0K0.0572.63N/AN/A31,9921,63267,52047,368
2024-02-28$27.09$22.5025.5%7.3%29.6%7.8%26.2%0.5%3.0%3.3M-96.8M-285.8K0.9563.76N/AN/A1,1201,06881,91248,692
2024-02-29$27.21$22.5025.0%7.2%28.9%6.8%26.5%1.4%3.3%3.3M-98.4M-291.3K0.3856.48N/AN/A1,99675282,17649,288