IMCG Options History — January 2024

In January 2024, IMCG traded between $62.44 and $65.03. ATM implied volatility averaged 21.0%, placing in the 19.3% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 6.4% (HV 20d: 14.6%). Max pain ranged from $56.00 to $61.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2024-01-16: Highest Volume — 2 contracts
  • 2024-01-10: Largest IV drop — 28.0% change
  • 2024-01-09: Highest IV Rank — 29.2%
  • 2024-01-03: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.63$62.44$65.03$63.41$63.98
Max Pain$56.48$56.00$61.00$61.00$56.00
ATM IV21.0%17.6%25.9%23.3%21.7%
Expected Move5.7%5.0%7.1%6.7%6.2%
HV 20d14.6%13.2%16.4%14.8%13.3%
HV 60d16.5%15.1%17.9%17.7%15.1%
IV Rank19.3%12.7%29.2%23.9%20.8%
IV Percentile57.7%27.0%89.3%75.0%70.2%
Term Structure-2.9%-7.8%0.9%-7.3%-4.6%
VWIV18.3%18.3%18.3%18.3%18.3%
Skew 25d0.4%-8.6%2.0%0.3%-0.3%
Skew 10d-4.7%-17.3%12.8%12.8%-17.3%
Call IV 25d21.4%18.8%25.7%25.3%25.6%
Put IV 25d21.8%17.1%26.1%25.6%25.3%
Bid-Ask Spread %137.46135.17140.91137.31135.23
Gamma HHI0.350.240.480.240.48
Net GEX2.8K8944.2K3.7K1.1K
Net DEX-67.9K-77.8K-59.2K-75.4K-60.0K
Net VEX-72-116-36-116-41
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950200
Total OI31.14328343328

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$63.41$61.0023.3%6.7%14.8%23.9%0.0%0.3%-7.3%3.7K-75.4K-1160.00137.31N/AN/A001815
2024-01-03$62.44$61.0024.6%7.1%16.1%26.6%0.0%-8.6%-7.8%3.8K-67.4K-1160.00135.17N/AN/A001815
2024-01-04$62.64$56.0023.1%5.2%15.6%23.4%0.0%0.5%0.8%3.9K-69.8K-1140.00135.80N/AN/A001815
2024-01-05$62.47$56.0023.5%5.3%15.7%24.3%0.0%-0.7%-1.6%3.9K-68.7K-1110.00135.64N/AN/A001815
2024-01-08$63.42$56.0024.7%5.0%16.4%26.7%0.0%1.7%0.9%3.9K-76.5K-970.00136.52N/AN/A001815
2024-01-09$63.34$56.0025.9%5.2%16.4%29.2%0.0%1.3%-0.5%4.0K-75.8K-940.00138.32N/AN/A001815
2024-01-10$63.49$56.0018.7%5.4%16.1%14.7%0.0%1.3%-4.1%3.8K-76.9K-940.00140.91N/AN/A001815
2024-01-11$63.52$56.0017.6%5.1%16.1%12.7%0.0%1.6%-0.0%4.1K-77.8K-850.00137.15N/AN/A001815
2024-01-12$63.41$56.0018.1%5.2%14.6%13.6%0.0%-0.0%-3.9%3.8K-72.3K-780.00136.57N/AN/A001715
2024-01-16$62.94$56.0018.9%5.4%13.9%15.2%18.3%0.6%-2.2%4.2K-71.1K-610.00137.26N/AN/A021715
2024-01-17$62.55$56.0019.3%5.5%13.9%15.9%0.0%-0.0%-1.9%3.8K-66.0K-710.00138.35N/AN/A001717
2024-01-18$63.19$56.0019.1%5.5%14.3%15.6%0.0%2.0%-2.5%3.8K-68.5K-740.00138.44N/AN/A001717
2024-01-19$63.80$56.0018.4%5.3%14.5%14.1%0.0%1.6%-0.8%4.0K-74.9K-580.00136.92N/AN/A001717
2024-01-22$64.53$56.0019.2%5.5%13.8%15.7%0.0%1.2%-2.1%918-60.8K-490.00138.09N/AN/A001117
2024-01-23$64.49$56.0020.2%5.8%13.4%17.8%0.0%0.8%-3.6%894-60.9K-460.00140.19N/AN/A001117
2024-01-24$64.11$56.0020.2%5.8%13.5%17.8%0.0%0.6%-3.7%969-59.2K-480.00135.57N/AN/A001117
2024-01-25$64.24$56.0020.0%5.7%13.2%17.4%0.0%1.0%-3.5%957-59.9K-470.00138.54N/AN/A001117
2024-01-26$64.22$56.0020.7%5.9%13.2%18.8%0.0%0.9%-4.2%969-59.5K-470.00139.88N/AN/A001117
2024-01-29$64.91$56.0021.0%6.0%13.7%19.4%0.0%1.2%-4.2%985-62.8K-370.00135.91N/AN/A001117
2024-01-30$65.03$56.0022.3%6.4%13.6%21.9%0.0%1.2%-4.5%951-62.8K-360.00138.97N/AN/A001117
2024-01-31$63.98$56.0021.7%6.2%13.3%20.8%0.0%-0.3%-4.6%1.1K-60.0K-410.00135.23N/AN/A001117