IMCG Options History — July 2024

In July 2024, IMCG traded between $67.21 and $70.77. ATM implied volatility averaged 19.1%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 7.2% (HV 20d: 11.9%). Max pain ranged from $66.00 to $70.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.00.

Notable Days

2024-07-26: Highest Volume — 2 contracts
2024-07-10: Largest IV drop — 34.3% change
2024-07-09: Highest IV Rank — 40.5%
2024-07-29: Largest Expected Move — 6.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.64	$67.21	$70.77	$67.21	$69.61
Max Pain	$69.37	$66.00	$70.00	$70.00	$66.00
ATM IV	19.1%	11.7%	23.9%	19.7%	19.1%
Expected Move	5.2%	3.4%	6.6%	5.6%	5.5%
HV 20d	11.9%	8.7%	15.3%	9.8%	15.3%
HV 60d	11.7%	10.9%	12.3%	12.1%	12.2%
IV Rank	25.7%	3.2%	40.5%	27.5%	25.7%
IV Percentile	46.2%	1.2%	84.5%	51.6%	39.7%
Term Structure	-1.2%	-7.3%	2.1%	-4.1%	-0.1%
VWIV	19.8%	19.8%	19.8%	19.8%	19.8%
Skew 25d	1.3%	-1.0%	4.1%	0.4%	0.7%
Skew 10d	1.9%	-0.5%	8.4%	1.2%	2.0%
Call IV 25d	19.6%	13.1%	25.0%	22.8%	25.0%
Put IV 25d	20.9%	17.2%	25.7%	23.2%	25.7%
Bid-Ask Spread %	137.09	126.70	170.43	165.00	128.39
Gamma HHI	0.99	0.93	1.00	1.00	0.95
Net GEX	8.0K	6.1K	10.1K	6.1K	10.1K
Net DEX	-37.2K	-63.1K	-22.0K	-24.0K	-48.0K
Net VEX	-102	-120	-85	-105	-89
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	1.00	1.00	1.00	1.00
Total Volume	0.091	0	2	0	0
Total OI	14.273	14	16	14	16

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-07-01	$67.21	$0.00	19.7%	5.6%	9.8%	27.5%	0.0%	0.4%	-4.1%	6.1K	-24.0K	-105	0.00	165.00	N/A	N/A	0	0	14	0
2024-07-02	$67.50	$0.00	20.3%	5.8%	9.8%	29.5%	0.0%	1.0%	-3.5%	6.5K	-26.4K	-112	0.00	170.37	N/A	N/A	0	0	14	0
2024-07-03	$67.70	$0.00	19.5%	5.6%	9.8%	26.9%	0.0%	1.1%	-3.8%	6.8K	-28.2K	-118	0.00	170.43	N/A	N/A	0	0	14	0
2024-07-05	$67.82	$70.00	20.4%	4.5%	8.9%	29.8%	0.0%	3.0%	0.3%	7.3K	-28.0K	-108	0.00	137.06	N/A	N/A	0	0	14	0
2024-07-08	$67.93	$70.00	22.8%	4.5%	8.7%	37.0%	0.0%	3.3%	-0.8%	7.8K	-27.4K	-104	0.00	136.69	N/A	N/A	0	0	14	0
2024-07-09	$67.53	$70.00	23.9%	4.7%	9.0%	40.5%	0.0%	4.1%	-1.6%	7.2K	-22.0K	-97	0.00	138.78	N/A	N/A	0	0	14	0
2024-07-10	$67.87	$70.00	15.7%	4.5%	8.8%	15.4%	0.0%	3.7%	0.9%	7.7K	-26.3K	-101	0.00	137.27	N/A	N/A	0	0	14	0
2024-07-11	$68.81	$70.00	15.7%	4.5%	9.9%	15.4%	0.0%	1.0%	0.3%	8.9K	-38.2K	-115	0.00	136.41	N/A	N/A	0	0	14	0
2024-07-12	$69.59	$70.00	11.7%	3.4%	10.2%	3.2%	0.0%	1.3%	2.1%	8.9K	-49.0K	-120	0.00	131.92	N/A	N/A	0	0	14	0
2024-07-15	$69.61	$70.00	12.6%	3.6%	10.1%	5.8%	0.0%	0.7%	1.5%	8.7K	-48.9K	-115	0.00	132.75	N/A	N/A	0	0	14	0
2024-07-16	$70.77	$70.00	16.8%	4.8%	10.8%	18.7%	0.0%	2.1%	1.8%	8.3K	-63.1K	-108	0.00	126.70	N/A	N/A	0	0	14	0
2024-07-17	$69.75	$70.00	16.2%	4.6%	12.0%	16.7%	0.0%	0.2%	2.1%	8.4K	-51.7K	-112	0.00	126.89	N/A	N/A	0	0	14	0
2024-07-18	$68.90	$70.00	18.1%	5.2%	12.9%	22.7%	0.0%	-1.0%	-2.3%	7.5K	-40.4K	-105	0.00	130.25	N/A	N/A	0	0	14	0
2024-07-19	$68.57	$70.00	19.5%	5.6%	13.0%	27.0%	0.0%	0.3%	-0.5%	7.8K	-35.6K	-100	0.00	132.73	N/A	N/A	0	0	14	0
2024-07-22	$69.38	$70.00	18.7%	5.4%	13.6%	24.6%	0.0%	2.5%	0.9%	9.0K	-44.7K	-100	0.00	131.31	N/A	N/A	0	0	14	0
2024-07-23	$69.36	$70.00	20.3%	5.8%	13.5%	29.2%	0.0%	1.8%	-3.4%	9.8K	-47.6K	-99	0.00	128.78	N/A	N/A	0	0	14	0
2024-07-24	$67.95	$70.00	21.0%	6.0%	15.3%	31.6%	0.0%	-0.9%	-7.3%	6.4K	-30.5K	-86	0.00	129.76	N/A	N/A	0	0	14	0
2024-07-25	$68.05	$70.00	20.6%	5.9%	15.1%	30.3%	0.0%	1.5%	-2.2%	7.1K	-29.2K	-85	0.00	128.67	N/A	N/A	0	0	14	0
2024-07-26	$68.58	$70.00	21.6%	6.2%	15.2%	33.4%	19.8%	-0.3%	-2.2%	7.6K	-34.0K	-85	1.00	131.32	N/A	N/A	1	1	14	0
2024-07-29	$68.82	$66.00	23.1%	6.6%	15.2%	37.9%	0.0%	1.3%	-2.4%	8.9K	-37.8K	-89	0.00	133.44	N/A	N/A	0	0	15	1
2024-07-30	$68.80	$66.00	22.7%	6.5%	14.9%	36.8%	0.0%	0.7%	-3.3%	9.0K	-37.2K	-86	0.00	130.98	N/A	N/A	0	0	15	1
2024-07-31	$69.61	$66.00	19.1%	5.5%	15.3%	25.7%	0.0%	0.7%	-0.1%	10.1K	-48.0K	-89	0.00	128.39	N/A	N/A	0	0	15	1