IBRN Options History — March 2026

In March 2026, IBRN traded between $19.75 and $35.20. ATM implied volatility averaged 91.4%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 21.4%. IV traded below realized volatility by 19.2% (HV 20d: 110.6%). Max pain ranged from $32.00 to $32.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days.

Notable Days

  • 2026-03-27: Largest IV spike — 438.5% change
  • 2026-03-27: Highest IV Rank — 100.0%
  • 2026-03-27: Largest Expected Move — 138.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.70$19.75$35.20$34.25$35.20
Max Pain$32.00$32.00$32.00$32.00$32.00
ATM IV91.4%34.4%483.0%55.9%83.7%
Expected Move21.4%4.9%138.5%16.0%24.0%
HV 20d110.6%51.6%315.1%63.5%315.1%
HV 60d106.4%85.4%187.9%102.5%187.9%
IV Rank19.4%2.2%100.0%9.7%14.3%
IV Percentile72.0%13.9%100.0%71.0%86.5%
Term Structure-15.7%-249.8%10.4%-4.9%-25.5%
Skew 25d8.6%-72.4%22.0%18.6%22.0%
Skew 10d21.6%-72.4%40.0%34.6%29.8%
Call IV 25d40.3%20.1%130.0%38.2%20.1%
Put IV 25d48.9%32.6%63.2%56.8%42.1%
Bid-Ask Spread %96.2361.25154.58154.3268.75
Gamma HHI1.001.001.001.001.00
Net GEX12215292110128
Net DEX-4.1K-5.2K-2.1K-4.6K-5.2K
Net VEX-7-9-4-9-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$34.25$0.0055.9%16.0%63.5%9.7%0.0%18.6%-4.9%110-4.6K-90.00154.32N/AN/A0020
2026-03-03$34.25$0.0065.2%18.7%63.5%13.0%0.0%21.0%-4.7%97-4.5K-90.00154.58N/AN/A0020
2026-03-04$32.80$0.0044.8%12.8%65.3%5.8%0.0%2.2%-6.0%153-3.9K-90.00154.36N/AN/A0020
2026-03-05$34.25$32.0070.3%12.8%67.0%14.8%0.0%19.4%4.3%97-4.5K-90.00135.93N/AN/A0020
2026-03-06$33.69$32.0077.0%13.7%67.2%17.1%0.0%17.9%2.8%100-4.3K-90.00136.13N/AN/A0020
2026-03-09$34.74$32.0075.5%12.7%67.8%16.5%0.0%19.9%3.5%110-4.8K-80.00130.27N/AN/A0020
2026-03-10$33.45$32.0041.3%8.3%68.2%4.6%0.0%1.3%1.0%292-4.5K-70.00131.48N/AN/A0020
2026-03-11$34.23$32.0034.4%9.9%61.6%2.2%0.0%11.6%10.4%144-4.8K-80.00134.91N/AN/A0020
2026-03-12$34.23$32.0041.0%0.0%60.8%4.5%0.0%16.0%4.0%122-4.6K-80.0069.70N/AN/A0020
2026-03-13$33.92$32.0044.3%0.0%51.6%5.7%0.0%14.6%8.4%112-4.4K-80.0069.35N/AN/A0020
2026-03-16$31.20$32.0038.4%10.2%57.7%3.6%0.0%1.2%-0.3%222-2.8K-70.0077.52N/AN/A0020
2026-03-17$32.50$32.0045.5%6.6%59.1%6.1%0.0%5.5%9.2%196-3.8K-70.0070.52N/AN/A0020
2026-03-18$28.15$32.00124.7%29.7%77.0%34.9%0.0%-6.7%-42.1%57-2.5K-60.0068.07N/AN/A0020
2026-03-19$33.77$32.0081.4%5.7%99.7%20.0%0.0%16.2%-2.3%113-4.3K-70.0061.28N/AN/A0020
2026-03-20$33.75$32.0087.7%8.5%99.4%23.0%0.0%19.1%-12.4%104-4.3K-70.0081.35N/AN/A0020
2026-03-23$28.15$32.00138.5%33.1%118.2%40.3%0.0%-7.4%-34.1%56-2.6K-60.0071.44N/AN/A0020
2026-03-24$34.09$32.00100.6%5.6%137.8%27.4%0.0%22.0%-3.8%101-4.4K-60.0071.34N/AN/A0020
2026-03-25$34.44$32.0079.1%4.9%137.6%20.2%0.0%18.6%-2.2%124-4.7K-60.0061.25N/AN/A0020
2026-03-26$34.79$32.0089.7%25.7%137.1%24.4%0.0%6.6%3.6%116-4.8K-60.0068.17N/AN/A0020
2026-03-27$19.75$32.00483.0%138.5%242.8%100.0%0.0%-72.4%-249.8%15-2.1K-40.0075.51N/AN/A0020
2026-03-30$33.75$32.00108.4%31.1%314.7%19.6%0.0%21.9%-5.6%107-4.3K-60.0070.83N/AN/A0020
2026-03-31$35.20$32.0083.7%24.0%315.1%14.3%0.0%22.0%-25.5%128-5.2K-50.0068.75N/AN/A0020