IMCG Options History — April 2023

In April 2023, IMCG traded between $55.11 and $57.33. ATM implied volatility averaged 19.3%. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 1.4% (HV 20d: 17.9%). Max pain ranged from $56.00 to $59.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-04-24: Highest Volume — 3 contracts
  • 2023-04-10: Largest IV spike — 63.7% change
  • 2023-04-04: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.52$55.11$57.33$57.33$56.36
Max Pain$56.86$56.00$59.00$57.00$56.00
ATM IV19.3%14.2%27.7%25.3%20.6%
Expected Move5.4%4.1%8.0%7.3%5.9%
HV 20d17.9%12.8%24.3%24.0%15.2%
HV 60d19.6%18.6%20.4%20.4%18.6%
Term Structure0.9%-7.9%9.7%-7.9%-6.8%
VWIV19.9%13.0%26.8%19.8%13.0%
Skew 25d4.9%-3.1%14.4%9.3%5.7%
Skew 10d4.0%-5.2%14.3%-0.8%4.0%
Call IV 25d15.7%12.5%28.4%14.4%13.7%
Put IV 25d20.6%15.1%32.4%23.8%19.4%
Bid-Ask Spread %126.43119.23138.15127.12125.96
Gamma HHI0.390.301.000.320.41
Net GEX2.4K4773.8K2.9K2.0K
Net DEX-12.8K-19.6K-1.7K-19.6K-8.7K
Net VEX-50-67-36-67-59
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3680300
Total OI8.368310910

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$57.33$57.0025.3%7.3%24.0%0.0%0.0%9.3%-7.9%2.9K-19.6K-670.00127.12N/AN/A0090
2023-04-04$56.50$57.0027.7%8.0%24.1%0.0%0.0%2.2%-6.7%2.3K-17.1K-650.00128.84N/AN/A0090
2023-04-05$55.89$57.0025.6%7.3%24.3%0.0%0.0%14.4%5.7%2.0K-14.6K-600.00119.23N/AN/A0090
2023-04-06$55.96$0.0016.8%4.2%22.9%0.0%0.0%3.1%5.5%2.4K-11.3K-510.00123.68N/AN/A0090
2023-04-10$56.35$0.0027.5%5.8%19.9%0.0%0.0%6.3%-1.0%2.7K-13.6K-520.00126.36N/AN/A0090
2023-04-11$56.83$0.0017.2%5.0%20.0%0.0%0.0%4.4%-1.9%3.2K-15.1K-530.00123.36N/AN/A0090
2023-04-12$56.63$0.0018.3%5.3%19.9%0.0%0.0%1.0%9.0%2.4K-14.3K-520.00122.62N/AN/A0090
2023-04-13$57.13$0.0020.9%6.0%19.1%0.0%0.0%10.0%1.4%2.5K-18.9K-550.00138.15N/AN/A0090
2023-04-14$56.83$0.0017.0%4.9%18.1%0.0%0.0%2.3%1.4%3.0K-15.1K-520.00125.28N/AN/A0090
2023-04-17$57.02$0.0014.2%4.1%16.5%0.0%0.0%4.0%5.2%3.6K-14.4K-470.00124.31N/AN/A0090
2023-04-18$57.20$0.0014.4%4.1%16.2%0.0%0.0%2.0%-0.6%3.8K-16.6K-460.00125.67N/AN/A0090
2023-04-19$56.99$0.0014.3%4.1%14.8%0.0%0.0%2.6%5.0%3.6K-13.4K-430.00125.07N/AN/A0090
2023-04-20$56.66$0.0014.2%4.1%13.5%0.0%0.0%3.1%9.7%3.2K-13.0K-420.00128.72N/AN/A0090
2023-04-21$56.73$0.0021.3%6.1%12.8%0.0%0.0%5.9%-3.2%2.8K-14.7K-360.00129.68N/AN/A0090
2023-04-24$56.84$0.0014.5%4.2%12.8%0.0%19.8%-3.1%-2.1%653-7.1K-370.00126.32N/AN/A3030
2023-04-25$55.61$59.0022.9%6.6%14.9%0.0%26.8%12.5%3.0%1.3K-8.1K-460.00130.53N/AN/A0160
2023-04-26$55.11$56.0017.0%4.9%15.2%0.0%0.0%1.2%1.9%477-1.7K-400.00126.39N/AN/A0061
2023-04-27$55.99$56.0015.9%4.6%15.1%0.0%13.0%6.2%0.2%743-5.3K-480.00124.94N/AN/A3061
2023-04-28$56.36$56.0020.6%5.9%15.2%0.0%0.0%5.7%-6.8%2.0K-8.7K-590.00125.96N/AN/A0091