ILCG Options History — September 2025

In September 2025, ILCG traded between $99.28 and $104.90. ATM implied volatility averaged 18.2%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 7.2% (HV 20d: 11.1%). Max pain ranged from $103.00 to $103.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 12 of 21 days.

Notable Days

  • 2025-09-26: Highest Volume — 25 contracts
  • 2025-09-10: Largest IV drop — 30.1% change
  • 2025-09-08: Highest IV Rank — 14.6%
  • 2025-09-02: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$102.47$99.28$104.90$99.28$104.08
Max Pain$103.00$103.00$103.00$103.00$103.00
ATM IV18.2%15.4%22.1%21.3%20.4%
Expected Move4.9%4.4%6.1%6.1%5.9%
HV 20d11.1%8.9%11.9%11.8%8.9%
HV 60d11.9%11.0%12.7%12.6%11.0%
IV Rank7.3%2.0%14.6%13.1%11.4%
IV Percentile28.7%3.6%65.1%55.6%50.4%
Term Structure0.2%-4.7%4.5%-3.4%-1.0%
VWIV15.3%14.5%16.2%16.2%14.5%
Skew 25d3.1%-2.4%6.7%2.9%2.5%
Skew 10d7.8%0.6%15.4%0.6%7.7%
Call IV 25d16.6%12.0%21.3%21.3%20.6%
Put IV 25d19.6%13.7%24.4%24.2%23.1%
Bid-Ask Spread %158.43150.01166.96159.87156.82
Gamma HHI0.290.210.730.220.72
Net GEX-153-17.6K2.4K2.4K-16.1K
Net DEX-101.5K-116.8K-41.4K-92.1K-41.4K
Net VEX-119-260-60-173-260
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.23802500
Total OI19.76217431743

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$99.28$0.0021.3%6.1%11.8%13.1%0.0%2.9%-3.4%2.4K-92.1K-1730.00159.87N/AN/A00125
2025-09-03$99.57$0.0020.9%6.0%11.6%12.4%0.0%3.1%-4.7%2.3K-94.0K-1680.00166.42N/AN/A00125
2025-09-04$100.50$0.0020.6%4.6%11.7%11.7%0.0%5.9%1.6%2.2K-99.5K-1450.00157.59N/AN/A00125
2025-09-05$100.22$0.0019.6%4.4%11.6%9.9%0.0%4.9%2.4%2.3K-100.2K-1430.00150.01N/AN/A00125
2025-09-08$101.11$0.0022.1%4.5%11.8%14.6%0.0%3.5%4.5%2.2K-103.4K-1300.00166.33N/AN/A00125
2025-09-09$101.24$0.0022.1%4.5%11.8%14.5%0.0%3.6%1.0%2.2K-105.7K-1140.00166.96N/AN/A00125
2025-09-10$102.00$0.0015.4%4.4%11.6%2.0%0.0%3.5%1.0%2.0K-109.5K-1010.00161.51N/AN/A00125
2025-09-11$102.64$0.0016.0%4.6%11.8%3.0%0.0%3.0%-0.4%1.7K-111.4K-910.00160.54N/AN/A00125
2025-09-12$102.87$0.0015.7%4.5%11.8%2.5%0.0%3.0%0.6%1.8K-112.3K-860.00163.30N/AN/A00125
2025-09-15$103.42$0.0016.4%4.7%11.8%3.7%0.0%3.2%0.8%1.7K-113.8K-810.00162.26N/AN/A00125
2025-09-16$103.19$0.0016.4%4.7%11.9%3.9%0.0%2.4%0.5%1.7K-113.7K-810.00161.37N/AN/A00125
2025-09-17$102.78$0.0015.9%4.6%10.6%2.9%0.0%6.7%1.9%1.8K-111.4K-920.00150.28N/AN/A00125
2025-09-18$103.44$0.0016.1%4.6%10.6%3.2%16.2%1.9%0.7%1.6K-115.5K-710.00158.00N/AN/A01125
2025-09-19$103.94$103.0016.8%4.8%10.3%4.6%0.0%3.2%-0.0%837-110.0K-920.00157.89N/AN/A00126
2025-09-22$104.90$103.0016.2%4.6%9.6%3.4%0.0%3.9%1.9%395-116.8K-600.00154.93N/AN/A00126
2025-09-23$103.80$103.0017.1%4.9%10.6%5.2%0.0%1.5%0.3%706-111.3K-830.00152.71N/AN/A00126
2025-09-24$103.33$103.0018.1%5.2%10.9%7.0%0.0%3.5%-0.0%924-109.1K-830.00155.23N/AN/A00126
2025-09-25$102.69$103.0017.9%5.1%11.1%6.6%0.0%2.6%-0.4%867-106.8K-930.00155.83N/AN/A00126
2025-09-26$103.22$103.0018.9%5.4%11.1%8.6%14.5%-2.4%-0.2%879-106.6K-940.00150.14N/AN/A025126
2025-09-29$103.75$103.0019.0%5.5%9.8%8.8%0.0%2.0%-2.2%-17.6K-46.6K-2600.00159.08N/AN/A001231
2025-09-30$104.08$103.0020.4%5.9%8.9%11.4%0.0%2.5%-1.0%-16.1K-41.4K-2600.00156.82N/AN/A001231