IGRO Options History — January 2023

In January 2023, IGRO traded between $57.95 and $62.00. ATM implied volatility averaged 33.4%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 18.3% (HV 20d: 15.1%). Max pain ranged from $57.00 to $57.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2023-01-11: Largest IV drop — 47.9% change
  • 2023-01-10: Highest IV Rank — 49.6%
  • 2023-01-04: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.65$57.95$62.00$57.95$61.73
Max Pain$57.00$57.00$57.00$57.00$57.00
ATM IV33.4%25.8%49.5%38.9%33.8%
Expected Move8.6%7.4%11.3%11.1%9.7%
HV 20d15.1%12.0%18.1%14.8%12.0%
HV 60d18.2%17.1%19.2%19.2%17.1%
IV Rank26.1%15.5%49.6%34.3%26.4%
IV Percentile72.2%39.7%96.8%91.3%81.0%
Term Structure-3.2%-7.1%3.4%-5.9%-5.4%
Skew 25d26.7%21.0%36.0%23.7%36.0%
Skew 10d31.4%25.1%40.8%35.6%40.8%
Call IV 25d24.1%19.6%32.7%28.5%27.3%
Put IV 25d50.8%42.0%67.4%52.2%63.4%
Bid-Ask Spread %139.78133.02144.00139.23138.14
Gamma HHI1.001.001.001.001.00
Net GEX44301.3K1.3K0
Net DEX-9.0K-18.4K0-11.4K0
Net VEX-5-140-140
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1.950330

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$57.95$57.0038.9%11.1%14.8%34.3%0.0%23.7%-5.9%1.3K-11.4K-140.00139.23N/AN/A0030
2023-01-04$58.89$57.0039.4%11.3%15.3%35.1%0.0%34.7%-7.1%742-11.8K-140.00138.26N/AN/A0030
2023-01-05$58.22$0.0039.9%7.5%15.8%35.8%0.0%22.8%-0.4%884-11.1K-130.00137.28N/AN/A0030
2023-01-06$59.42$0.0040.7%8.1%17.4%37.0%0.0%21.8%3.4%734-12.7K-120.00133.02N/AN/A0030
2023-01-09$59.60$0.0044.3%7.4%17.3%42.2%0.0%21.0%-2.3%735-13.0K-100.00144.00N/AN/A0030
2023-01-10$59.45$0.0049.5%8.1%17.4%49.6%0.0%22.0%-2.6%730-12.7K-100.00141.40N/AN/A0030
2023-01-11$59.90$0.0025.8%7.4%17.5%15.5%0.0%24.0%-0.5%754-13.8K-90.00138.78N/AN/A0030
2023-01-12$60.77$0.0026.6%7.6%18.0%16.6%0.0%22.2%-2.6%625-14.5K-80.00140.50N/AN/A0030
2023-01-13$61.23$0.0026.3%7.5%18.1%16.2%0.0%24.5%-2.9%590-15.4K-60.00139.43N/AN/A0030
2023-01-17$61.40$0.0029.5%8.4%15.1%20.8%0.0%23.7%-3.4%570-15.3K-40.00143.49N/AN/A0030
2023-01-18$61.10$0.0029.4%8.4%15.2%20.0%0.0%24.1%-4.1%599-14.9K-40.00143.56N/AN/A0030
2023-01-19$61.17$0.0029.8%8.6%14.7%20.6%0.0%24.5%-3.7%595-15.0K-30.00141.81N/AN/A0030
2023-01-20$61.45$0.0030.2%8.7%14.4%21.2%0.0%24.9%-3.1%0-18.4K00.00141.24N/AN/A0030
2023-01-23$61.64$0.0029.8%8.5%14.2%20.6%0.0%26.3%-4.1%0000.00142.17N/AN/A0000
2023-01-24$61.73$0.0029.2%8.4%13.4%19.8%0.0%29.7%-3.5%0000.00139.61N/AN/A0000
2023-01-25$61.96$0.0030.0%8.6%13.3%20.9%0.0%30.5%-2.8%0000.00136.84N/AN/A0000
2023-01-26$61.89$0.0030.5%8.7%13.4%21.6%0.0%31.2%-3.3%0000.00137.25N/AN/A0000
2023-01-27$62.00$0.0031.2%8.9%12.4%22.6%0.0%32.1%-3.5%0000.00140.91N/AN/A0000
2023-01-30$61.55$0.0032.9%9.4%12.6%25.0%0.0%34.9%-5.5%0000.00138.61N/AN/A0000
2023-01-31$61.73$0.0033.8%9.7%12.0%26.4%0.0%36.0%-5.4%0000.00138.14N/AN/A0000