IMCG Options History — May 2023

In May 2023, IMCG traded between $55.19 and $57.29. ATM implied volatility averaged 18.6%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 3.7% (HV 20d: 15.0%). Max pain ranged from $56.00 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-22: Highest Volume — 3 contracts
  • 2023-05-02: Largest IV spike — 42.4% change
  • 2023-05-30: Highest IV Rank — 14.9%
  • 2023-05-02: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.30$55.19$57.29$56.51$56.63
Max Pain$58.67$56.00$60.00$56.00$60.00
ATM IV18.6%14.1%21.8%15.3%21.0%
Expected Move5.2%4.0%6.2%4.4%6.0%
HV 20d15.0%13.9%16.6%14.1%13.9%
HV 60d18.3%17.9%18.7%18.5%18.0%
IV Rank12.4%10.0%14.9%13.4%14.6%
IV Percentile37.9%32.3%48.5%36.5%45.9%
Term Structure1.2%-5.9%8.3%-2.2%3.5%
VWIV11.8%11.8%11.8%11.8%11.8%
Skew 25d4.9%0.3%14.8%2.9%3.2%
Skew 10d6.3%0.2%14.4%3.3%9.5%
Call IV 25d14.4%12.0%25.8%15.4%15.4%
Put IV 25d19.3%14.9%29.9%18.3%18.6%
Bid-Ask Spread %127.45123.39130.51127.36130.12
Gamma HHI0.570.331.000.401.00
Net GEX1.5K5472.6K1.8K1.6K
Net DEX-7.4K-12.2K-3.0K-7.2K-9.3K
Net VEX-51-62-42-52-48
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1820300
Total OI9.409411107

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$56.51$56.0015.3%4.4%14.1%0.0%0.0%2.9%-2.2%1.8K-7.2K-520.00127.36N/AN/A0091
2023-05-02$55.59$56.0021.8%6.2%15.1%0.0%0.0%0.7%1.0%1.5K-6.3K-500.00127.75N/AN/A0091
2023-05-03$55.58$56.0020.8%6.0%14.3%0.0%0.0%2.1%-5.4%1.3K-5.3K-490.00127.12N/AN/A0091
2023-05-04$55.19$0.0021.2%6.1%14.0%0.0%0.0%3.0%-2.3%1.1K-3.8K-430.00127.41N/AN/A1091
2023-05-05$56.08$0.0018.7%4.0%15.2%0.0%0.0%4.5%8.3%1.7K-7.5K-620.00126.00N/AN/A00101
2023-05-08$56.10$0.0017.3%4.3%15.0%0.0%0.0%2.2%4.2%1.3K-6.0K-570.00127.08N/AN/A00101
2023-05-09$56.02$0.0017.5%4.3%14.7%0.0%0.0%4.1%5.6%1.2K-7.2K-570.00124.29N/AN/A00101
2023-05-10$56.30$0.0018.4%5.3%14.8%0.0%0.0%8.9%4.3%1.9K-8.6K-580.00129.59N/AN/A00101
2023-05-11$56.02$0.0014.1%4.0%14.4%0.0%0.0%3.0%5.2%983-5.5K-520.00129.35N/AN/A00101
2023-05-12$55.96$0.0018.3%5.2%14.3%0.0%0.0%1.7%2.8%1.5K-5.5K-510.00129.13N/AN/A00101
2023-05-15$56.48$0.0020.6%5.9%14.7%0.0%0.0%4.2%-5.9%1.7K-8.0K-530.00125.38N/AN/A00101
2023-05-16$55.78$0.0014.4%4.1%15.2%0.0%0.0%2.1%-0.4%547-3.0K-420.00127.66N/AN/A00101
2023-05-17$56.38$0.0014.3%4.1%15.8%0.0%0.0%4.4%4.2%1.5K-5.6K-450.00128.22N/AN/A00101
2023-05-18$57.11$0.0017.5%5.0%16.3%0.0%0.0%5.7%6.6%2.6K-12.2K-540.00125.98N/AN/A00101
2023-05-19$56.90$0.0020.4%5.9%16.4%13.4%0.0%0.3%-4.8%2.4K-8.7K-460.00126.05N/AN/A00101
2023-05-22$57.29$0.0018.8%5.4%16.6%10.0%11.8%4.4%-5.1%898-8.9K-470.00127.69N/AN/A3040
2023-05-23$56.53$60.0019.1%5.5%15.3%10.6%0.0%10.7%1.0%1.6K-8.9K-510.00127.75N/AN/A0070
2023-05-24$55.98$60.0019.7%5.6%15.3%11.7%0.0%9.2%2.8%1.4K-7.8K-480.00127.48N/AN/A0070
2023-05-25$56.19$60.0020.3%5.8%14.3%13.0%0.0%13.1%2.0%1.4K-7.0K-450.00128.57N/AN/A0070
2023-05-26$56.98$60.0019.4%5.6%15.0%11.2%0.0%2.7%-2.2%1.6K-10.1K-540.00123.39N/AN/A0070
2023-05-30$57.02$60.0021.2%6.1%15.0%14.9%0.0%14.8%2.9%1.7K-10.7K-530.00130.51N/AN/A0070
2023-05-31$56.63$60.0021.0%6.0%13.9%14.6%0.0%3.2%3.5%1.6K-9.3K-480.00130.12N/AN/A0070