IMCG Options History — March 2024

In March 2024, IMCG traded between $68.39 and $70.70. ATM implied volatility averaged 21.2%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 7.0% (HV 20d: 14.1%). Max pain ranged from $65.00 to $71.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-03-19: Highest Volume — 2 contracts
  • 2024-03-13: Largest IV drop — 54.0% change
  • 2024-03-11: Highest IV Rank — 50.2%
  • 2024-03-01: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.61$68.39$70.70$69.10$70.70
Max Pain$69.65$65.00$71.00$65.00$68.00
ATM IV21.2%16.3%36.5%21.1%17.2%
Expected Move4.9%4.6%6.0%6.0%4.9%
HV 20d14.1%11.8%16.4%14.6%12.1%
HV 60d14.4%13.5%15.0%14.4%13.5%
IV Rank23.0%10.9%50.2%19.5%18.6%
IV Percentile45.9%13.9%97.2%63.9%22.6%
Term Structure-1.5%-4.7%1.6%-4.7%-1.9%
VWIV13.7%13.7%13.7%13.7%13.7%
Skew 25d1.0%-0.4%2.0%1.6%0.8%
Skew 10d0.5%-16.8%6.1%-16.8%1.0%
Call IV 25d18.4%15.6%24.7%24.7%20.4%
Put IV 25d19.3%16.7%26.3%26.3%21.2%
Bid-Ask Spread %138.22112.01143.75135.53143.06
Gamma HHI0.510.360.710.370.60
Net GEX3.9K-468.9K1.4K5.3K
Net DEX-33.7K-45.6K-19.1K-25.1K-45.6K
Net VEX-152-192-124-192-131
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.10200
Total OI37.2525464627

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$69.10$65.0021.1%6.0%14.6%19.5%0.0%1.6%-4.7%1.4K-25.1K-1920.00135.53N/AN/A001333
2024-03-04$69.45$71.0024.7%4.6%14.6%26.6%0.0%1.2%-1.5%2.0K-32.1K-1800.00139.07N/AN/A001333
2024-03-05$68.39$71.0024.9%4.7%15.6%27.1%0.0%0.8%-1.3%-46-19.3K-1880.00136.36N/AN/A001333
2024-03-06$69.29$71.0026.8%4.8%15.9%30.9%0.0%1.2%-1.4%1.7K-29.9K-1800.00138.95N/AN/A001333
2024-03-07$70.09$71.0020.2%4.6%16.0%17.8%0.0%2.0%0.1%3.5K-40.0K-1650.00140.55N/AN/A001333
2024-03-08$69.66$71.0026.2%4.6%16.3%29.7%0.0%0.1%-1.7%3.4K-35.9K-1630.00134.99N/AN/A001333
2024-03-11$69.44$71.0036.5%4.9%16.4%50.2%0.0%1.4%-2.1%2.4K-32.6K-1580.00138.56N/AN/A001333
2024-03-12$69.83$71.0036.5%4.7%16.4%50.1%0.0%1.3%1.6%3.6K-36.9K-1560.00138.28N/AN/A001333
2024-03-13$69.78$71.0016.8%4.8%14.5%10.9%0.0%0.9%-1.0%3.4K-37.5K-1510.00140.98N/AN/A001333
2024-03-14$68.93$71.0017.1%4.9%14.3%11.6%0.0%1.1%-2.5%1.7K-31.8K-1490.00112.01N/AN/A001333
2024-03-15$68.78$71.0017.5%5.0%14.0%19.4%0.0%1.2%-1.8%24-19.1K-1460.00143.75N/AN/A001333
2024-03-18$69.06$71.0017.6%5.1%13.8%19.9%0.0%1.7%-1.8%4.7K-33.6K-1380.00142.65N/AN/A001312
2024-03-19$69.13$71.0017.2%4.9%13.2%18.4%13.7%-0.4%-0.2%6.0K-25.8K-1240.00138.64N/AN/A021312
2024-03-20$69.83$68.0016.3%4.7%13.3%15.6%0.0%1.7%-0.7%4.7K-35.2K-1450.00139.07N/AN/A001314
2024-03-21$70.45$68.0016.8%4.8%11.8%17.2%0.0%1.1%-2.2%5.1K-43.4K-1450.00140.85N/AN/A001314
2024-03-22$69.93$68.0016.8%4.8%12.2%17.1%0.0%-0.2%-1.4%8.9K-34.4K-1360.00139.65N/AN/A001314
2024-03-25$69.92$68.0017.9%5.1%12.2%20.7%0.0%-0.2%-2.6%8.9K-33.5K-1310.00138.26N/AN/A001314
2024-03-26$69.97$68.0017.8%5.1%12.2%20.2%0.0%0.8%-2.3%5.0K-38.2K-1370.00141.82N/AN/A001314
2024-03-27$70.48$68.0017.3%4.9%12.4%18.7%0.0%1.3%-1.5%5.4K-43.1K-1340.00141.27N/AN/A001314
2024-03-28$70.70$68.0017.2%4.9%12.1%18.6%0.0%0.8%-1.9%5.3K-45.6K-1310.00143.06N/AN/A001314