ILCG Options History — May 2023

In May 2023, ILCG traded between $54.80 and $58.61. ATM implied volatility averaged 18.0%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 3.0% (HV 20d: 15.0%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2023-05-18: Highest Volume — 10 contracts
2023-05-02: Largest IV spike — 61.5% change
2023-05-31: Highest IV Rank — 21.1%
2023-05-02: Largest Expected Move — 7.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$56.64	$54.80	$58.61	$55.92	$58.41
Max Pain	$50.00	$50.00	$50.00	$50.00	$50.00
ATM IV	18.0%	13.0%	25.2%	15.6%	24.1%
Expected Move	5.0%	3.7%	7.2%	4.5%	6.9%
HV 20d	15.0%	13.3%	16.0%	13.3%	15.1%
HV 60d	16.7%	15.7%	17.3%	17.1%	16.4%
IV Rank	11.0%	0.0%	21.1%	13.1%	21.1%
IV Percentile	16.8%	0.0%	37.6%	16.7%	37.6%
Term Structure	2.8%	-4.7%	11.0%	-1.2%	-2.4%
Skew 25d	4.8%	-1.3%	12.1%	1.3%	1.5%
Skew 10d	8.2%	0.9%	15.1%	0.9%	4.5%
Call IV 25d	15.9%	11.2%	28.4%	15.4%	28.4%
Put IV 25d	20.7%	14.4%	29.9%	16.7%	29.9%
Bid-Ask Spread %	129.63	124.00	137.19	134.35	130.41
Gamma HHI	0.88	0.51	1.00	0.77	1.00
Net GEX	531	191	1.1K	260	814
Net DEX	-28.0K	-49.0K	-17.5K	-30.5K	-21.3K
Net VEX	-40	-89	-11	-12	-86
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.455	0	10	0	0
Total OI	6.227	6	11	6	6

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2023-05-01	$55.92	$50.00	15.6%	4.5%	13.3%	0.0%	0.0%	1.3%	-1.2%	260	-30.5K	-12	134.35	N/A	N/A	0	6
2023-05-02	$55.31	$50.00	25.2%	7.2%	13.8%	0.0%	0.0%	2.9%	-4.7%	581	-29.1K	-17	136.37	N/A	N/A	0	6
2023-05-03	$55.13	$50.00	16.8%	4.8%	13.6%	0.0%	0.0%	-1.3%	2.4%	391	-29.4K	-14	137.19	N/A	N/A	0	6
2023-05-04	$54.80	$0.00	19.7%	5.2%	13.6%	0.0%	0.0%	6.2%	8.4%	487	-28.8K	-14	126.32	N/A	N/A	0	6
2023-05-05	$56.05	$0.00	23.1%	5.2%	15.7%	0.0%	0.0%	4.7%	1.3%	311	-30.8K	-13	127.86	N/A	N/A	0	6
2023-05-08	$56.14	$0.00	17.3%	4.0%	15.7%	0.0%	0.0%	2.4%	5.3%	214	-30.6K	-12	125.40	N/A	N/A	0	6
2023-05-09	$55.89	$0.00	17.5%	4.0%	15.8%	0.0%	0.0%	1.9%	5.3%	212	-30.5K	-12	124.60	N/A	N/A	0	6
2023-05-10	$56.40	$0.00	18.0%	5.2%	16.0%	0.0%	0.0%	9.9%	11.0%	199	-30.8K	-12	128.53	N/A	N/A	0	6
2023-05-11	$56.24	$0.00	17.9%	5.1%	15.0%	0.0%	0.0%	9.1%	10.4%	191	-30.7K	-11	129.63	N/A	N/A	0	6
2023-05-12	$56.07	$0.00	20.6%	5.9%	14.9%	0.0%	0.0%	3.0%	0.8%	345	-30.5K	-12	132.80	N/A	N/A	0	6
2023-05-15	$56.27	$0.00	14.5%	4.1%	15.0%	0.0%	0.0%	1.9%	-0.9%	269	-31.1K	-11	128.06	N/A	N/A	0	6
2023-05-16	$56.24	$0.00	13.9%	4.0%	14.9%	0.0%	0.0%	1.7%	2.8%	255	-30.9K	-11	130.22	N/A	N/A	0	6
2023-05-17	$56.77	$0.00	13.2%	3.8%	15.3%	0.0%	0.0%	2.9%	6.3%	254	-31.2K	-11	130.70	N/A	N/A	0	6
2023-05-18	$57.55	$0.00	13.0%	3.7%	15.4%	0.0%	0.0%	4.6%	10.5%	287	-31.9K	-11	131.29	N/A	N/A	10	6
2023-05-19	$57.45	$0.00	20.0%	5.7%	15.4%	13.1%	0.0%	7.9%	0.5%	1.1K	-49.0K	-89	124.00	N/A	N/A	0	11
2023-05-22	$57.61	$0.00	13.0%	3.7%	15.4%	0.0%	0.0%	1.8%	0.9%	947	-19.9K	-88	128.37	N/A	N/A	0	6
2023-05-23	$56.83	$0.00	17.1%	4.9%	14.9%	7.8%	0.0%	10.1%	0.6%	1.0K	-19.0K	-88	127.59	N/A	N/A	0	6
2023-05-24	$56.43	$0.00	17.2%	4.9%	15.2%	8.0%	0.0%	8.9%	1.8%	894	-17.5K	-88	129.87	N/A	N/A	0	6
2023-05-25	$57.56	$0.00	18.3%	5.2%	15.0%	10.0%	0.0%	12.1%	2.1%	932	-19.3K	-88	130.08	N/A	N/A	0	6
2023-05-26	$58.47	$0.00	21.1%	6.1%	15.7%	15.3%	0.0%	8.8%	0.6%	839	-21.2K	-87	128.91	N/A	N/A	0	6
2023-05-30	$58.61	$0.00	19.7%	5.7%	15.7%	12.7%	0.0%	3.6%	-1.2%	860	-22.4K	-85	129.24	N/A	N/A	0	6
2023-05-31	$58.41	$0.00	24.1%	6.9%	15.1%	21.1%	0.0%	1.5%	-2.4%	814	-21.3K	-86	130.41	N/A	N/A	0	6