IBRN Options History — January 2023

In January 2023, IBRN traded between $25.45 and $27.30. ATM implied volatility averaged 40.0%. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 13.2% (HV 20d: 26.9%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-06: Highest Volume — 13 contracts
  • 2023-01-11: Largest IV drop — 45.9% change
  • 2023-01-03: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.61$25.45$27.30$25.45$26.84
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV40.0%29.8%57.8%51.7%38.8%
Expected Move10.5%8.5%14.8%14.8%11.1%
HV 20d26.9%22.4%29.9%29.9%22.4%
HV 60d29.1%27.7%30.2%30.1%27.7%
Term Structure-9.0%-19.9%2.5%-15.6%-10.9%
VWIV27.9%27.9%27.9%27.9%27.9%
Skew 25d1.2%-15.5%7.1%0.5%1.7%
Skew 10d2.4%-12.5%7.6%3.3%1.6%
Call IV 25d42.0%32.0%57.7%57.7%44.2%
Put IV 25d43.2%30.5%59.1%58.2%45.9%
Bid-Ask Spread %139.85135.25143.32143.25136.79
Gamma HHI1.001.001.001.001.00
Net GEX75401.3K01.1K
Net DEX-21.7K-34.6K00-27.9K
Net VEX-22-4200-22
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.6501300
Total OI10.4013013

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$25.45$0.0051.7%14.8%29.9%0.0%0.0%0.5%-15.6%0000.00143.25N/AN/A0000
2023-01-04$25.83$0.0047.9%13.7%28.4%0.0%0.0%1.6%-14.4%0000.00143.13N/AN/A0000
2023-01-05$25.80$0.0042.3%8.7%26.9%0.0%0.0%3.4%-4.7%0000.00136.87N/AN/A0000
2023-01-06$26.24$0.0042.8%8.8%27.4%0.0%27.9%-2.7%-11.4%0000.00135.39N/AN/A13000
2023-01-09$25.45$25.0057.8%10.5%29.5%0.0%0.0%0.7%2.5%833-19.5K-420.00141.74N/AN/A00130
2023-01-10$25.84$25.0057.7%10.3%29.7%0.0%0.0%2.6%-9.4%829-21.1K-410.00142.16N/AN/A00130
2023-01-11$26.23$25.0031.2%9.0%28.8%0.0%0.0%4.8%-6.7%878-22.9K-390.00135.25N/AN/A00130
2023-01-12$26.91$25.0034.8%10.0%29.5%0.0%0.0%7.1%-7.2%761-25.2K-380.00142.21N/AN/A00130
2023-01-13$27.26$25.0029.8%8.5%29.3%0.0%0.0%1.5%-6.0%893-29.4K-280.00136.13N/AN/A00130
2023-01-17$27.30$25.0036.0%10.3%26.5%0.0%0.0%2.6%-10.0%857-28.6K-290.00142.56N/AN/A00130
2023-01-18$26.99$25.0035.6%10.2%27.0%0.0%0.0%-15.5%-19.9%1.3K-34.6K00.00142.51N/AN/A00130
2023-01-19$26.88$25.0037.2%10.7%26.9%0.0%0.0%2.3%-7.1%926-26.6K-300.00143.03N/AN/A00130
2023-01-20$27.23$25.0037.1%10.6%26.0%0.0%0.0%2.3%-7.3%879-28.4K-280.00142.37N/AN/A00130
2023-01-23$26.96$25.0038.2%11.0%26.2%0.0%0.0%1.4%-8.1%932-27.1K-280.00143.16N/AN/A00130
2023-01-24$27.10$25.0039.8%11.4%26.2%0.0%0.0%1.8%-8.8%905-27.7K-260.00143.32N/AN/A00130
2023-01-25$26.99$25.0034.3%9.8%25.3%0.0%0.0%2.8%-7.2%997-28.5K-230.00136.81N/AN/A00130
2023-01-26$26.92$25.0035.0%10.0%24.4%0.0%0.0%1.5%-8.6%1.0K-28.1K-240.00137.35N/AN/A00130
2023-01-27$27.21$25.0034.6%9.9%24.3%0.0%0.0%1.7%-8.2%938-29.9K-200.00136.12N/AN/A00130
2023-01-30$26.81$25.0037.7%10.8%22.5%0.0%0.0%1.4%-10.2%1.1K-27.7K-220.00136.88N/AN/A00130
2023-01-31$26.84$25.0038.8%11.1%22.4%0.0%0.0%1.7%-10.9%1.1K-27.9K-220.00136.79N/AN/A00130