ILCG Options History — December 2023

In December 2023, ILCG traded between $64.88 and $68.13. ATM implied volatility averaged 22.0%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 11.8% (HV 20d: 10.2%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-20: Highest Volume — 10 contracts
  • 2023-12-13: Largest IV drop — 58.4% change
  • 2023-12-12: Highest IV Rank — 50.4%
  • 2023-12-01: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.75$64.88$68.13$65.44$67.81
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV22.0%15.9%39.5%21.9%19.0%
Expected Move5.0%4.6%6.3%6.3%5.4%
HV 20d10.2%8.1%13.1%12.7%9.2%
HV 60d15.7%14.4%16.6%16.5%14.4%
IV Rank17.8%6.4%50.4%17.3%12.6%
IV Percentile37.9%6.3%97.6%37.7%23.8%
Term Structure-0.7%-5.4%2.9%-5.4%-2.4%
Skew 25d1.1%-0.1%2.2%1.3%0.8%
Skew 10d0.6%-7.5%4.1%1.6%1.1%
Call IV 25d19.2%16.9%25.6%25.6%21.8%
Put IV 25d20.3%16.9%26.9%26.9%22.6%
Bid-Ask Spread %140.31135.04143.97139.11143.97
Gamma HHI0.790.501.001.000.76
Net GEX1.4K-3234.5K-2414.5K
Net DEX-37.0K-62.1K-21.7K-22.8K-59.3K
Net VEX-98-161-60-86-146
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5501000
Total OI14.711221122

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$65.44$0.0021.9%6.3%12.7%17.3%0.0%1.3%-5.4%-241-22.8K-860.00139.11N/AN/A0056
2023-12-04$64.88$60.0024.7%4.8%13.1%22.5%0.0%2.2%1.1%-323-21.7K-850.00139.32N/AN/A0056
2023-12-05$65.09$60.0023.2%4.7%13.1%19.8%0.0%0.0%1.2%-287-22.2K-840.00138.36N/AN/A0056
2023-12-06$64.88$60.0026.1%4.9%12.7%25.1%0.0%-0.0%-1.1%-290-22.3K-830.00138.70N/AN/A0056
2023-12-07$65.44$60.0028.1%5.0%12.9%28.9%0.0%1.6%-1.3%-244-22.8K-810.00141.30N/AN/A0056
2023-12-08$65.81$60.0028.8%4.8%12.1%30.2%0.0%2.2%2.9%-168-23.9K-740.00140.55N/AN/A1056
2023-12-11$65.81$60.0036.7%4.8%10.6%45.1%0.0%1.0%-2.3%-17-29.0K-720.00142.07N/AN/A0066
2023-12-12$66.30$60.0039.5%4.7%10.8%50.4%0.0%1.5%1.5%287-28.8K-810.00141.17N/AN/A0066
2023-12-13$67.07$60.0016.4%4.7%8.7%7.0%0.0%1.7%-1.7%408-31.7K-660.00139.18N/AN/A0066
2023-12-14$67.03$60.0015.9%4.6%8.6%6.4%0.0%1.1%-0.1%459-31.8K-660.00138.23N/AN/A0066
2023-12-15$67.22$60.0016.7%4.8%8.6%8.0%0.0%1.1%-1.4%429-31.7K-710.00142.91N/AN/A0066
2023-12-18$67.80$60.0017.0%4.9%8.9%8.6%0.0%1.3%1.2%421-32.5K-640.00141.86N/AN/A0066
2023-12-19$67.97$60.0017.3%4.9%8.1%9.1%0.0%1.6%2.4%465-32.8K-620.00142.04N/AN/A0066
2023-12-20$67.23$60.0016.8%4.8%9.1%8.3%0.0%-0.1%-1.1%512-32.6K-600.00135.04N/AN/A10066
2023-12-21$67.63$60.0017.5%5.0%9.1%9.6%0.0%1.1%0.2%4.2K-55.5K-1610.00140.06N/AN/A00166
2023-12-22$67.66$60.0017.6%5.1%9.0%9.9%0.0%1.2%-0.5%4.3K-57.1K-1570.00135.99N/AN/A00166
2023-12-26$67.93$60.0019.0%5.5%9.1%12.7%0.0%0.9%-2.3%4.4K-59.3K-1560.00141.21N/AN/A00166
2023-12-27$67.89$60.0018.5%5.3%9.0%11.6%0.0%1.1%-1.9%4.5K-59.6K-1530.00141.18N/AN/A00166
2023-12-28$68.13$60.0018.9%5.4%9.0%12.4%0.0%1.0%-2.2%4.5K-62.1K-1420.00143.89N/AN/A00166
2023-12-29$67.81$60.0019.0%5.4%9.2%12.6%0.0%0.8%-2.4%4.5K-59.3K-1460.00143.97N/AN/A00166