IBKR Options History — February 2026

In February 2026, IBKR traded between $69.59 and $78.37. ATM implied volatility averaged 41.5%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded below realized volatility by 2.7% (HV 20d: 44.2%). Max pain ranged from $61.25 to $72.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.42.

Notable Days

2026-02-02: Highest Volume — 11,556 contracts
2026-02-23: Largest IV spike — 14.1% change
2026-02-12: Highest IV Rank — 18.5%
2026-02-23: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$73.99	$69.59	$78.37	$75.09	$70.96
Max Pain	$64.08	$61.25	$72.00	$71.00	$65.00
ATM IV	41.5%	35.9%	45.9%	35.9%	44.6%
Expected Move	11.9%	10.5%	13.2%	10.5%	13.1%
HV 20d	44.2%	33.0%	50.5%	38.4%	48.1%
HV 60d	38.5%	36.7%	42.0%	37.1%	38.9%
IV Rank	12.9%	6.0%	18.5%	6.0%	16.9%
IV Percentile	62.8%	23.0%	84.5%	23.0%	78.2%
Term Structure	-0.8%	-4.6%	3.0%	-3.6%	-0.3%
VWIV	42.4%	36.4%	47.2%	36.4%	47.2%
Skew 25d	5.6%	-4.2%	12.1%	1.7%	7.3%
Skew 10d	10.1%	-9.0%	26.5%	1.9%	26.5%
Call IV 25d	39.2%	25.9%	52.4%	36.7%	41.6%
Put IV 25d	44.8%	35.6%	50.4%	38.4%	49.0%
Bid-Ask Spread %	66.10	51.85	80.52	68.49	59.25
Gamma HHI	0.09	0.06	0.29	0.07	0.07
Net GEX	2.7M	-2.4M	6.1M	4.4M	1.5M
Net DEX	-313.3M	-414.5M	-219.4M	-353.2M	-240.9M
Net VEX	-1.4M	-1.5M	-1.4M	-1.5M	-1.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.42	0.38	2.85	1.03	2.00
Total Volume	6,266.474	2,605	11,556	11,556	10,403
Total OI	136,796.632	127,827	143,983	131,525	134,440

Daily Data (19 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
2026-02-02	$75.09	$71.00	35.9%	10.5%	38.4%	6.0%	36.4%	1.7%	-3.6%	4.4M	-353.2M	-1.5M	1.03	68.49	N/A	N/A	5,685	5,871	79,604	51,921
2026-02-03	$74.88	$72.00	40.1%	11.2%	33.0%	11.2%	39.0%	7.0%	-0.1%	4.6M	-355.7M	-1.4M	1.45	63.65	N/A	N/A	2,070	2,993	82,113	54,057
2026-02-04	$73.46	$72.00	38.1%	11.2%	33.1%	8.8%	40.8%	6.7%	3.0%	3.4M	-304.2M	-1.5M	1.62	67.73	N/A	N/A	2,624	4,242	83,114	55,890
2026-02-05	$69.59	$61.25	41.6%	12.1%	37.8%	13.1%	43.1%	-4.2%	-1.6%	1.9M	-219.4M	-1.4M	1.37	69.00	N/A	N/A	3,371	4,614	83,012	57,696
2026-02-06	$74.11	$61.25	38.7%	10.7%	43.6%	9.5%	39.4%	2.9%	-0.1%	-2.4M	-327.7M	-1.5M	2.62	71.60	N/A	N/A	2,306	6,049	83,464	56,773
2026-02-09	$78.37	$61.25	38.5%	10.7%	47.5%	9.2%	39.0%	6.6%	-1.7%	5.0M	-414.5M	-1.4M	0.38	56.62	N/A	N/A	7,196	2,710	79,515	55,516
2026-02-10	$77.28	$61.25	41.5%	11.7%	48.0%	12.9%	42.8%	12.1%	-0.6%	4.4M	-381.9M	-1.5M	1.54	67.65	N/A	N/A	4,180	6,420	80,542	56,544
2026-02-11	$76.48	$62.50	42.1%	11.8%	48.1%	13.8%	42.3%	4.9%	-1.0%	3.8M	-366.5M	-1.5M	0.85	71.53	N/A	N/A	2,421	2,051	81,848	59,480
2026-02-12	$73.55	$62.50	45.9%	12.4%	50.5%	18.5%	43.3%	9.8%	-4.6%	2.0M	-296.7M	-1.5M	1.48	73.71	N/A	N/A	3,244	4,790	82,684	59,687
2026-02-13	$74.42	$62.50	41.6%	11.9%	48.3%	13.1%	41.7%	3.6%	-0.1%	2.7M	-314.6M	-1.5M	1.46	73.61	N/A	N/A	2,367	3,450	83,457	60,526
2026-02-17	$73.13	$62.50	44.9%	12.9%	48.7%	17.3%	44.3%	5.8%	-1.3%	1.6M	-288.0M	-1.5M	1.05	60.24	N/A	N/A	1,727	1,805	79,664	57,248
2026-02-18	$75.15	$62.50	41.7%	11.9%	49.0%	13.2%	42.3%	6.5%	-1.0%	2.2M	-332.3M	-1.4M	0.91	71.81	N/A	N/A	1,362	1,243	80,255	57,782
2026-02-19	$74.00	$62.50	41.3%	11.8%	43.5%	12.8%	43.2%	5.4%	0.3%	1.5M	-304.9M	-1.4M	0.96	74.17	N/A	N/A	1,529	1,462	80,790	58,296
2026-02-20	$73.95	$62.50	39.5%	11.3%	43.5%	10.5%	40.4%	5.8%	0.8%	6.1M	-300.7M	-1.4M	2.17	80.52	N/A	N/A	1,998	4,333	81,321	58,688
2026-02-23	$71.61	$62.50	45.1%	13.2%	44.6%	17.5%	46.0%	6.9%	-3.7%	1.9M	-266.7M	-1.4M	1.29	62.60	N/A	N/A	2,011	2,594	75,879	51,948
2026-02-24	$71.91	$62.50	42.9%	12.7%	44.1%	14.8%	45.4%	5.6%	0.5%	1.8M	-269.2M	-1.4M	1.03	55.45	N/A	N/A	1,929	1,985	76,550	53,324
2026-02-25	$73.44	$65.00	41.4%	12.5%	44.9%	12.9%	44.6%	5.1%	-0.2%	2.3M	-298.9M	-1.4M	0.89	51.85	N/A	N/A	1,634	1,459	77,711	54,347
2026-02-26	$74.42	$65.00	42.5%	11.9%	45.1%	14.2%	44.7%	7.3%	-0.5%	2.8M	-315.8M	-1.4M	2.85	56.48	N/A	N/A	763	2,172	78,447	55,003
2026-02-27	$70.96	$65.00	44.6%	13.1%	48.1%	16.9%	47.2%	7.3%	-0.3%	1.5M	-240.9M	-1.5M	2.00	59.25	N/A	N/A	3,464	6,939	78,593	55,847