IBRN Options History — March 2023

In March 2023, IBRN traded between $23.07 and $25.56. ATM implied volatility averaged 46.5%. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 23.3% (HV 20d: 23.2%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 5 of 23 days.

Notable Days

  • 2023-03-15: Largest IV drop — 65.4% change
  • 2023-03-03: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.06$23.07$25.56$25.56$23.84
ATM IV46.5%32.8%97.9%41.7%37.7%
Expected Move10.3%8.7%12.6%12.0%10.8%
HV 20d23.2%17.8%26.3%19.5%25.9%
HV 60d23.1%22.2%24.4%24.4%22.2%
Term Structure-1.0%-13.2%28.1%-11.7%-8.0%
Skew 25d2.7%-0.6%6.8%4.1%2.2%
Skew 10d4.7%2.0%8.8%3.5%2.0%
Call IV 25d39.6%31.3%49.9%46.6%43.6%
Put IV 25d42.3%34.7%53.7%50.6%45.8%
Bid-Ask Spread %152.58137.09157.29137.09156.00
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$25.56$0.0041.7%12.0%19.5%0.0%0.0%4.1%-11.7%0000.00137.09N/AN/A0000
2023-03-02$25.33$0.0042.9%12.3%18.7%0.0%0.0%3.4%-13.1%0000.00137.09N/AN/A0000
2023-03-03$25.49$0.0044.1%12.6%18.9%0.0%0.0%3.9%-13.2%0000.00137.09N/AN/A0000
2023-03-06$25.22$0.0050.3%8.7%19.1%0.0%0.0%3.4%-6.4%0000.00152.84N/AN/A0000
2023-03-07$25.02$0.0053.1%8.8%17.8%0.0%0.0%2.5%-7.3%0000.00152.84N/AN/A0000
2023-03-08$24.87$0.0056.1%8.9%17.9%0.0%0.0%1.8%-8.0%0000.00152.84N/AN/A0000
2023-03-09$24.27$0.0057.0%9.0%19.2%0.0%0.0%2.5%-8.1%0000.00154.05N/AN/A0000
2023-03-10$23.38$0.0065.3%9.9%22.5%0.0%0.0%3.4%-8.0%0000.00154.38N/AN/A0000
2023-03-13$23.72$0.0085.1%9.7%23.6%0.0%0.0%5.5%-6.2%0000.00157.29N/AN/A0000
2023-03-14$23.98$0.0097.9%9.8%23.9%0.0%0.0%6.8%-4.3%0000.00157.29N/AN/A0000
2023-03-15$23.62$0.0033.9%9.7%24.2%0.0%0.0%3.3%-9.5%0000.00154.76N/AN/A0000
2023-03-16$24.09$0.0032.8%9.4%25.7%0.0%0.0%2.8%28.1%0000.00154.39N/AN/A0000
2023-03-17$23.63$0.0034.4%9.9%26.3%0.0%0.0%0.5%27.4%0000.00153.81N/AN/A0000
2023-03-20$23.81$0.0035.9%10.3%26.1%0.0%0.0%1.5%27.6%0000.00153.81N/AN/A0000
2023-03-21$23.80$0.0036.5%10.5%23.8%0.0%0.0%1.5%27.5%0000.00153.81N/AN/A0000
2023-03-22$23.13$0.0042.8%12.3%25.5%0.0%0.0%-0.6%13.9%0000.00153.81N/AN/A0000
2023-03-23$23.07$0.0036.2%10.4%25.2%0.0%0.0%2.9%-5.8%0000.00155.86N/AN/A0000
2023-03-24$23.24$0.0037.6%10.8%25.4%0.0%0.0%3.5%-6.9%0000.00155.85N/AN/A0000
2023-03-27$23.59$0.0036.2%10.4%26.1%0.0%0.0%2.6%-6.2%0000.00156.41N/AN/A0000
2023-03-28$23.27$0.0038.5%11.0%25.8%0.0%0.0%2.0%-8.3%0000.00155.83N/AN/A0000
2023-03-29$23.71$0.0036.1%10.3%25.9%0.0%0.0%1.5%-7.4%0000.00156.25N/AN/A0000
2023-03-30$23.66$0.0036.9%10.6%25.8%0.0%0.0%1.3%-8.1%0000.00156.00N/AN/A0000
2023-03-31$23.84$0.0037.7%10.8%25.9%0.0%0.0%2.2%-8.0%0000.00156.00N/AN/A0000