ILCG Options History — August 2023

In August 2023, ILCG traded between $60.23 and $63.86. ATM implied volatility averaged 21.9%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 7.4% (HV 20d: 14.5%). Max pain ranged from $57.00 to $59.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days.

Notable Days

  • 2023-08-07: Largest IV spike — 38.0% change
  • 2023-08-07: Highest IV Rank — 32.9%
  • 2023-08-04: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.91$60.23$63.86$63.86$63.59
Max Pain$58.83$57.00$59.00$57.00$59.00
ATM IV21.9%17.7%30.4%22.0%17.7%
Expected Move6.2%5.1%6.8%6.3%5.1%
HV 20d14.5%12.8%16.9%13.3%15.4%
HV 60d14.3%13.8%14.7%14.0%14.7%
IV Rank16.8%8.9%32.9%17.0%8.9%
IV Percentile32.6%11.2%80.4%32.0%11.2%
Term Structure-0.6%-6.1%3.8%-2.2%-0.7%
Skew 25d3.3%-6.6%12.8%0.7%2.4%
Skew 10d1.0%-2.1%8.0%0.4%-0.9%
Call IV 25d18.6%14.8%24.2%23.4%18.3%
Put IV 25d21.9%15.6%29.7%24.1%20.7%
Bid-Ask Spread %125.73114.58140.15117.80135.09
Gamma HHI0.420.380.470.450.47
Net GEX1.4K1.0K1.8K1.0K1.2K
Net DEX-36.7K-43.1K-29.5K-43.1K-38.4K
Net VEX-55-62-35-52-37
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI7.5657887

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$63.86$57.0022.0%6.3%13.3%17.0%0.0%0.7%-2.2%1.0K-43.1K-520.00117.80N/AN/A0080
2023-08-02$62.60$57.0022.3%6.4%15.3%17.6%0.0%-1.3%2.8%1.2K-41.5K-580.00120.14N/AN/A0080
2023-08-03$62.48$59.0021.7%5.6%15.0%16.4%0.0%0.6%2.7%1.3K-41.0K-580.00122.15N/AN/A0080
2023-08-04$62.14$59.0022.0%6.8%15.1%17.1%0.0%4.9%-4.4%1.2K-40.3K-580.00118.44N/AN/A0080
2023-08-07$62.44$59.0030.4%6.7%15.2%32.9%0.0%12.8%-2.0%1.3K-39.4K-610.00116.09N/AN/A0080
2023-08-08$62.30$59.0024.0%6.2%15.0%20.8%0.0%7.2%-1.0%1.4K-40.0K-590.00114.80N/AN/A0080
2023-08-09$61.80$59.0020.3%5.8%14.7%13.7%0.0%0.2%-1.3%1.4K-39.1K-600.00124.50N/AN/A0080
2023-08-10$61.63$59.0020.6%5.9%13.7%14.4%0.0%4.5%-0.3%1.5K-38.7K-600.00123.54N/AN/A0080
2023-08-11$61.50$59.0022.5%6.5%13.7%18.0%0.0%8.0%-1.3%1.5K-37.5K-620.00114.58N/AN/A0080
2023-08-14$62.02$59.0021.8%6.3%13.8%16.6%0.0%3.0%-3.9%1.5K-38.4K-610.00120.36N/AN/A0080
2023-08-15$61.45$59.0022.9%6.6%13.3%18.6%0.0%9.6%-1.3%1.4K-37.6K-620.00119.81N/AN/A0080
2023-08-16$61.13$59.0023.0%6.6%13.4%18.9%0.0%2.0%-1.9%1.5K-37.7K-580.00119.30N/AN/A0080
2023-08-17$60.23$59.0020.3%5.8%12.8%13.8%0.0%-4.0%0.0%1.8K-35.3K-600.00126.74N/AN/A0080
2023-08-18$60.38$59.0020.5%5.9%13.0%14.3%0.0%3.2%2.8%1.6K-29.5K-620.00129.16N/AN/A0070
2023-08-21$61.10$59.0022.8%6.5%13.9%18.5%0.0%8.6%-6.1%1.6K-30.1K-610.00126.56N/AN/A0070
2023-08-22$60.94$59.0022.6%6.5%13.4%18.2%0.0%1.6%-2.2%1.5K-31.3K-550.00140.15N/AN/A0070
2023-08-23$61.97$59.0020.1%5.8%15.0%13.4%0.0%4.8%3.1%1.5K-32.2K-570.00133.20N/AN/A0070
2023-08-24$60.91$59.0023.3%6.7%15.7%19.4%0.0%-6.6%-3.4%1.5K-33.0K-480.00132.43N/AN/A0070
2023-08-25$61.43$59.0019.5%5.6%14.9%12.2%0.0%3.4%1.5%1.7K-32.0K-550.00133.57N/AN/A0070
2023-08-28$61.71$59.0020.8%6.0%15.0%14.7%0.0%3.1%3.8%1.6K-32.8K-500.00132.84N/AN/A0070
2023-08-29$62.94$59.0020.5%5.9%16.9%14.1%0.0%10.0%2.4%1.2K-38.1K-350.00134.35N/AN/A0070
2023-08-30$63.27$59.0021.9%6.3%15.4%16.9%0.0%-3.0%-2.0%1.3K-37.8K-380.00136.15N/AN/A0070
2023-08-31$63.59$59.0017.7%5.1%15.4%8.9%0.0%2.4%-0.7%1.2K-38.4K-370.00135.09N/AN/A0070