IBRN Options History — September 2025

In September 2025, IBRN traded between $19.85 and $25.90. ATM implied volatility averaged 46.4%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 79.0% (HV 20d: 125.4%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2025-09-04: Largest IV spike — 338.3% change
  • 2025-09-04: Highest IV Rank — 100.0%
  • 2025-09-04: Largest Expected Move — 33.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.39$19.85$25.90$25.80$25.83
ATM IV46.4%31.7%197.2%42.0%45.4%
Expected Move11.5%8.6%33.5%12.0%13.0%
HV 20d125.4%47.9%138.3%47.9%132.3%
HV 60d74.9%30.9%80.9%30.9%80.3%
IV Rank10.7%1.5%100.0%11.3%9.7%
IV Percentile40.3%8.3%100.0%54.4%65.1%
Term Structure-13.3%-84.9%-5.0%-7.7%-19.2%
Skew 25d0.9%-15.2%5.6%5.6%-1.6%
Skew 10d4.3%-15.2%15.9%15.9%3.9%
Call IV 25d40.9%31.3%73.7%44.4%48.7%
Put IV 25d41.8%35.0%58.6%50.0%47.2%
Bid-Ask Spread %149.67148.02160.36160.36148.04
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$25.80$0.0042.0%12.0%47.9%11.3%0.0%5.6%-7.7%0000.00160.36N/AN/A0000
2025-09-03$25.38$0.0045.0%12.9%48.4%13.9%0.0%3.0%-16.4%0000.00158.94N/AN/A0000
2025-09-04$19.85$0.00197.2%33.5%101.1%100.0%0.0%-15.2%-84.9%0000.00149.34N/AN/A0000
2025-09-05$25.90$0.0043.2%8.6%138.1%8.4%0.0%3.7%-5.8%0000.00148.81N/AN/A0000
2025-09-08$25.88$0.0048.0%8.9%138.1%11.2%0.0%5.1%-6.7%0000.00149.09N/AN/A0000
2025-09-09$25.50$0.0059.7%10.2%138.3%18.2%0.0%3.0%-9.9%0000.00148.99N/AN/A0000
2025-09-10$25.50$0.0033.8%9.7%138.3%2.8%0.0%2.3%-9.0%0000.00148.02N/AN/A0000
2025-09-11$25.50$0.0034.2%9.8%138.3%3.1%0.0%2.3%-9.4%0000.00148.10N/AN/A0000
2025-09-12$25.77$0.0031.7%9.1%136.7%1.5%0.0%4.0%-5.2%0000.00148.10N/AN/A0000
2025-09-15$25.69$0.0032.7%9.4%135.4%2.2%0.0%3.0%-5.0%0000.00148.98N/AN/A0000
2025-09-16$25.69$0.0033.3%9.5%135.1%2.5%0.0%3.0%-7.7%0000.00149.24N/AN/A0000
2025-09-17$25.69$0.0033.4%9.6%135.0%2.5%0.0%1.9%-9.8%0000.00149.28N/AN/A0000
2025-09-18$25.69$0.0033.5%9.6%134.9%2.6%0.0%0.5%-8.6%0000.00148.64N/AN/A0000
2025-09-19$25.69$0.0032.8%9.4%134.9%2.2%0.0%0.5%-6.4%0000.00148.36N/AN/A0000
2025-09-22$25.69$0.0035.6%10.2%134.9%3.9%0.0%1.4%-10.3%0000.00148.51N/AN/A0000
2025-09-23$25.69$0.0035.9%10.3%134.9%4.0%0.0%-0.3%-9.6%0000.00148.32N/AN/A0000
2025-09-24$25.51$0.0036.7%10.5%133.8%4.5%0.0%-1.6%-9.3%0000.00148.75N/AN/A0000
2025-09-25$25.51$0.0037.5%10.8%132.9%5.0%0.0%-1.6%-9.9%0000.00148.37N/AN/A0000
2025-09-26$25.51$0.0038.9%11.2%132.2%5.8%0.0%0.4%-12.3%0000.00148.21N/AN/A0000
2025-09-29$25.83$0.0043.6%12.5%132.3%8.6%0.0%0.1%-15.7%0000.00148.51N/AN/A0000
2025-09-30$25.83$0.0045.4%13.0%132.3%9.7%0.0%-1.6%-19.2%0000.00148.04N/AN/A0000