IMCG Options History — February 2023

In February 2023, IMCG traded between $57.37 and $60.58. ATM implied volatility averaged 19.2%. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 0.1% (HV 20d: 19.1%). Max pain ranged from $58.00 to $61.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-02-15: Highest Volume — 20 contracts
  • 2023-02-28: Largest IV spike — 34.7% change
  • 2023-02-22: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.10$57.37$60.58$59.95$57.70
Max Pain$60.78$58.00$61.00$60.00$58.00
ATM IV19.2%15.3%23.9%15.3%21.3%
Expected Move5.3%4.0%6.8%4.4%6.1%
HV 20d19.1%18.3%20.1%18.7%19.0%
HV 60d20.9%19.9%21.5%21.5%19.9%
Term Structure1.0%-11.7%13.1%0.7%-11.7%
VWIV17.5%17.3%17.8%17.8%17.4%
Skew 25d4.3%-2.6%13.7%-0.7%2.3%
Skew 10d7.9%-1.8%19.8%-1.8%8.7%
Call IV 25d15.8%10.9%23.1%23.1%15.0%
Put IV 25d20.1%14.3%27.1%22.4%17.4%
Bid-Ask Spread %125.06120.61130.11127.37126.50
Gamma HHI0.670.501.001.000.58
Net GEX7.4K1.9K17.1K1.9K9.7K
Net DEX-38.0K-82.1K-9.4K-9.4K-38.1K
Net VEX-128-230-15-15-142
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.57902030
Total OI20.737335335

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$59.95$60.0015.3%4.4%18.7%0.0%0.0%-0.7%0.7%1.9K-9.4K-150.00127.37N/AN/A3030
2023-02-02$60.58$0.0018.5%4.0%18.7%0.0%0.0%-2.6%-0.3%2.2K-22.0K-650.00122.53N/AN/A0060
2023-02-03$59.80$61.0018.0%4.7%19.1%0.0%0.0%3.6%-0.7%5.3K-36.5K-1200.00122.84N/AN/A00130
2023-02-06$59.41$61.0023.9%5.1%18.3%0.0%17.8%2.7%0.1%5.3K-32.0K-1150.00124.12N/AN/A20130
2023-02-07$60.13$61.0016.9%5.1%18.5%0.0%0.0%5.9%3.8%6.4K-43.8K-1320.00122.92N/AN/A00150
2023-02-08$59.63$61.0016.4%4.7%19.0%0.0%0.0%9.9%0.6%7.4K-41.9K-1310.00123.80N/AN/A00150
2023-02-09$59.07$61.0021.8%6.3%18.9%0.0%0.0%5.9%-4.1%5.7K-33.9K-1190.00124.76N/AN/A00150
2023-02-10$58.76$61.0020.6%5.9%19.1%0.0%0.0%9.0%-0.8%5.2K-30.3K-1150.00120.61N/AN/A00150
2023-02-13$59.52$61.0018.6%5.3%19.4%0.0%0.0%-0.3%8.2%6.4K-36.6K-1170.00123.02N/AN/A00150
2023-02-14$59.85$61.0020.4%5.9%19.4%0.0%0.0%2.8%1.5%7.9K-39.8K-1170.00124.34N/AN/A00150
2023-02-15$60.45$61.0017.5%5.0%18.7%0.0%17.3%6.1%0.2%7.3K-47.5K-1170.00126.50N/AN/A200150
2023-02-16$59.88$61.0020.6%5.9%18.5%0.0%0.0%1.8%2.5%17.1K-82.1K-2300.00126.73N/AN/A00330
2023-02-17$59.33$61.0018.6%5.3%18.4%0.0%0.0%8.8%13.1%14.3K-68.6K-2100.00121.70N/AN/A00330
2023-02-21$58.01$61.0018.2%5.2%19.5%0.0%0.0%7.3%3.3%8.7K-35.9K-1490.00127.87N/AN/A00300
2023-02-22$57.67$61.0023.7%6.8%19.6%0.0%0.0%13.7%-5.3%7.5K-42.9K-1640.00125.56N/AN/A10300
2023-02-23$58.14$61.0022.8%6.5%19.8%0.0%0.0%4.9%0.3%9.3K-35.9K-1520.00128.51N/AN/A00310
2023-02-24$57.37$61.0015.6%4.5%20.1%0.0%0.0%1.9%3.6%6.4K-20.7K-1110.00126.28N/AN/A00310
2023-02-27$57.61$61.0015.8%4.5%19.7%0.0%17.4%-1.5%4.9%7.0K-24.2K-1080.00130.11N/AN/A40310
2023-02-28$57.70$58.0021.3%6.1%19.0%0.0%0.0%2.3%-11.7%9.7K-38.1K-1420.00126.50N/AN/A00350