IMCG Options History — April 2024

In April 2024, IMCG traded between $65.28 and $70.21. ATM implied volatility averaged 20.2%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 6.7% (HV 20d: 13.5%). Max pain ranged from $63.00 to $68.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-04-23: Highest Volume — 3 contracts
2024-04-10: Largest IV drop — 25.8% change
2024-04-08: Highest IV Rank — 39.5%
2024-04-29: Largest Expected Move — 6.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.87	$65.28	$70.21	$70.21	$66.68
Max Pain	$63.68	$63.00	$68.00	$68.00	$63.00
ATM IV	20.2%	17.6%	24.0%	19.4%	21.0%
Expected Move	5.5%	4.8%	6.2%	5.6%	6.0%
HV 20d	13.5%	11.3%	15.6%	12.4%	15.4%
HV 60d	14.2%	13.2%	15.1%	13.2%	14.5%
IV Rank	27.8%	19.9%	39.5%	25.5%	30.3%
IV Percentile	55.8%	28.6%	84.1%	50.0%	67.9%
Term Structure	-2.5%	-7.0%	0.4%	-3.3%	-4.2%
VWIV	16.6%	16.6%	16.6%	16.6%	16.6%
Skew 25d	4.8%	0.2%	13.2%	7.9%	5.5%
Skew 10d	2.2%	-1.6%	9.2%	5.8%	1.1%
Call IV 25d	17.0%	9.3%	20.8%	14.9%	19.1%
Put IV 25d	21.8%	18.2%	24.7%	22.8%	24.6%
Bid-Ask Spread %	133.03	128.34	142.94	141.40	132.89
Gamma HHI	0.49	0.21	0.65	0.59	0.58
Net GEX	3.2K	663	5.9K	5.5K	2.7K
Net DEX	-20.8K	-39.9K	-33	-39.9K	-19.1K
Net VEX	-93	-123	-50	-123	-91
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.227	0	3	0	0
Total OI	24.591	16	27	27	21

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2024-04-01	$70.21	$68.00	19.4%	5.6%	12.4%	25.5%	0.0%	7.9%	-3.3%	5.5K	-39.9K	-123	141.40	N/A	N/A	0	13	14
2024-04-02	$69.50	$68.00	20.8%	6.0%	12.8%	29.7%	0.0%	3.9%	-4.2%	4.8K	-31.9K	-121	142.94	N/A	N/A	0	13	14
2024-04-03	$69.67	$68.00	20.9%	6.0%	11.5%	30.1%	0.0%	4.2%	-4.6%	5.0K	-33.7K	-120	141.70	N/A	N/A	0	13	14
2024-04-04	$68.73	$63.00	20.1%	4.8%	11.6%	27.6%	0.0%	0.2%	-3.9%	4.0K	-24.7K	-118	128.34	N/A	N/A	0	13	14
2024-04-05	$69.44	$63.00	21.8%	4.8%	11.5%	32.8%	0.0%	1.7%	0.4%	4.9K	-30.6K	-114	129.39	N/A	N/A	0	13	14
2024-04-08	$69.73	$63.00	24.0%	4.9%	11.4%	39.5%	0.0%	1.5%	-1.2%	5.1K	-33.6K	-107	133.31	N/A	N/A	0	13	14
2024-04-09	$69.77	$63.00	23.8%	4.8%	11.3%	39.0%	0.0%	0.8%	-2.4%	5.9K	-33.5K	-101	130.38	N/A	N/A	0	13	14
2024-04-10	$68.94	$63.00	17.6%	5.1%	11.9%	19.9%	0.0%	1.5%	-2.4%	4.5K	-24.9K	-98	130.90	N/A	N/A	0	13	14
2024-04-11	$69.30	$63.00	17.9%	5.1%	12.1%	20.6%	0.0%	1.0%	-1.8%	5.2K	-27.8K	-93	129.51	N/A	N/A	0	13	14
2024-04-12	$67.99	$63.00	18.6%	5.3%	13.2%	23.0%	0.0%	0.6%	-2.9%	3.2K	-14.3K	-88	130.08	N/A	N/A	0	13	14
2024-04-15	$66.86	$63.00	20.2%	5.8%	14.4%	27.9%	0.0%	0.5%	-7.0%	1.6K	-5.5K	-81	131.19	N/A	N/A	0	13	14
2024-04-16	$66.92	$63.00	19.3%	5.5%	14.2%	25.1%	0.0%	1.5%	-1.3%	1.8K	-4.1K	-72	131.96	N/A	N/A	0	13	14
2024-04-17	$66.32	$63.00	19.9%	5.7%	14.4%	26.8%	0.0%	5.6%	-3.1%	907	-33	-64	132.47	N/A	N/A	0	13	14
2024-04-18	$65.95	$63.00	19.5%	5.6%	13.8%	25.5%	0.0%	4.8%	0.2%	1.5K	-7.7K	-50	131.25	N/A	N/A	0	13	12
2024-04-19	$65.28	$63.00	20.1%	5.7%	13.3%	27.4%	0.0%	5.5%	-4.0%	663	-7.2K	-65	132.19	N/A	N/A	0	14	12
2024-04-22	$66.06	$63.00	19.7%	5.7%	14.3%	26.3%	0.0%	13.2%	-0.6%	711	-8.3K	-54	130.91	N/A	N/A	2	4	12
2024-04-23	$67.03	$63.00	19.1%	5.5%	15.6%	24.4%	16.6%	4.0%	-0.6%	1.8K	-18.4K	-83	131.84	N/A	N/A	3	6	12
2024-04-24	$66.94	$63.00	19.2%	5.5%	15.5%	24.6%	0.0%	9.9%	-1.8%	2.6K	-22.4K	-101	132.45	N/A	N/A	0	9	12
2024-04-25	$67.00	$63.00	19.2%	5.5%	15.2%	24.7%	0.0%	11.4%	0.0%	2.8K	-21.1K	-96	130.82	N/A	N/A	0	9	12
2024-04-26	$67.39	$63.00	20.5%	5.9%	15.3%	28.7%	0.0%	10.0%	-2.6%	2.8K	-24.0K	-99	135.13	N/A	N/A	0	9	12
2024-04-29	$67.49	$63.00	21.5%	6.2%	15.3%	31.7%	0.0%	10.7%	-4.6%	3.0K	-24.7K	-96	135.54	N/A	N/A	0	9	12
2024-04-30	$66.68	$63.00	21.0%	6.0%	15.4%	30.3%	0.0%	5.5%	-4.2%	2.7K	-19.1K	-91	132.89	N/A	N/A	0	9	12