IBRN Options History — May 2025

In May 2025, IBRN traded between $20.62 and $22.50. ATM implied volatility averaged 55.0%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 18.6% (HV 20d: 36.5%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2025-05-14: Largest IV drop — 61.4% change
  • 2025-05-12: Highest IV Rank — 67.0%
  • 2025-05-02: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.67$20.62$22.50$22.24$22.34
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV55.0%34.0%105.5%55.9%38.1%
Expected Move11.9%9.8%16.4%16.0%10.9%
HV 20d36.5%26.5%54.3%54.3%31.1%
HV 60d37.6%36.1%39.3%36.3%39.0%
IV Rank22.8%4.4%67.0%23.5%8.0%
IV Percentile69.7%29.0%98.0%86.5%48.4%
Term Structure-8.4%-22.1%-3.4%-22.1%-3.4%
Skew 25d3.5%-0.6%9.3%2.8%9.3%
Skew 10d10.4%4.4%26.1%5.4%12.1%
Call IV 25d42.9%34.2%58.4%57.6%37.9%
Put IV 25d46.4%37.8%61.9%60.4%47.3%
Bid-Ask Spread %154.64148.60159.42149.61151.02
Gamma HHI1.001.001.001.001.00
Net GEX6431946294
Net DEX-790-1.1K-587-1.0K-903
Net VEX-2-3-2-3-2
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$22.24$0.0055.9%16.0%54.3%23.5%0.0%2.8%-22.1%62-1.0K-30.00149.61N/AN/A0010
2025-05-02$22.50$0.0057.3%16.4%53.0%24.8%0.0%3.5%-22.0%64-1.1K-30.00149.61N/AN/A0010
2025-05-05$21.89$23.0063.4%11.2%49.5%30.1%0.0%0.4%-4.7%50-945-30.00155.62N/AN/A0010
2025-05-06$21.21$23.0072.7%11.8%49.5%38.2%0.0%4.8%-6.3%50-724-30.00156.52N/AN/A0010
2025-05-07$21.00$23.0069.5%11.4%46.1%35.4%0.0%4.9%-4.5%49-656-30.00158.25N/AN/A0010
2025-05-08$21.40$23.0078.7%12.0%38.7%43.5%0.0%5.4%-6.1%54-756-30.00157.42N/AN/A0010
2025-05-09$21.36$23.0084.2%11.6%31.5%48.4%0.0%5.8%-6.3%54-741-30.00157.56N/AN/A0010
2025-05-12$21.40$23.00105.5%12.0%29.8%67.0%0.0%1.9%-6.7%56-733-30.00158.93N/AN/A0010
2025-05-13$21.19$23.0088.2%9.9%27.3%51.8%0.0%2.6%-5.6%60-589-20.00148.60N/AN/A0010
2025-05-14$21.20$23.0034.0%9.8%27.3%4.4%0.0%3.9%-4.5%60-587-20.00151.00N/AN/A0010
2025-05-15$21.31$23.0034.3%9.8%26.5%4.6%0.0%4.6%-4.4%62-619-20.00151.00N/AN/A0010
2025-05-16$20.62$23.0049.0%14.0%29.0%17.5%0.0%-0.1%-12.3%31-801-20.00158.52N/AN/A0010
2025-05-19$21.73$23.0039.7%11.4%34.0%9.4%0.0%1.3%-7.5%67-765-20.00158.86N/AN/A0010
2025-05-20$21.89$23.0042.7%12.3%34.0%12.0%0.0%-0.6%-11.7%70-816-20.00157.70N/AN/A0010
2025-05-21$21.76$23.0041.5%11.9%34.1%10.9%0.0%0.8%-9.2%67-780-20.00157.44N/AN/A0010
2025-05-22$21.65$23.0035.6%10.2%33.9%5.8%0.0%0.5%-5.0%74-667-20.00149.93N/AN/A0010
2025-05-23$21.61$23.0043.6%12.5%33.9%12.7%0.0%2.2%-10.1%65-725-20.00158.91N/AN/A0010
2025-05-27$22.26$23.0038.0%10.9%35.4%7.9%0.0%5.9%-8.3%93-869-20.00149.65N/AN/A0010
2025-05-28$22.26$23.0038.8%11.1%35.4%8.6%0.0%7.2%-7.4%92-871-20.00151.78N/AN/A0010
2025-05-29$22.34$23.0044.8%12.8%31.3%13.8%0.0%5.9%-8.7%80-952-20.00159.42N/AN/A0010
2025-05-30$22.34$23.0038.1%10.9%31.1%8.0%0.0%9.3%-3.4%94-903-20.00151.02N/AN/A0010