IMCG Options History — September 2025

In September 2025, IMCG traded between $81.08 and $83.21. ATM implied volatility averaged 19.3%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 8.3% (HV 20d: 10.9%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-09-29: Highest Volume — 9 contracts
  • 2025-09-10: Largest IV drop — 25.7% change
  • 2025-09-09: Highest IV Rank — 11.0%
  • 2025-09-03: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$82.20$81.08$83.21$81.30$82.56
ATM IV19.3%17.2%23.9%20.9%18.9%
Expected Move5.3%4.9%6.0%6.0%5.4%
HV 20d10.9%9.7%11.9%11.0%10.4%
HV 60d11.6%11.1%12.0%11.9%11.2%
IV Rank5.2%2.6%11.0%7.3%4.7%
IV Percentile30.7%7.5%74.6%52.0%27.8%
Term Structure-0.5%-5.7%3.2%0.1%-0.4%
Skew 25d0.6%-7.1%8.2%3.2%-4.1%
Skew 10d3.0%-7.6%14.2%14.2%2.1%
Call IV 25d17.7%12.1%22.5%21.3%19.9%
Put IV 25d18.2%13.1%24.5%24.5%15.8%
Bid-Ask Spread %149.79136.74160.44158.68159.60
Gamma HHI0.310.200.600.380.60
Net GEX1.2K5685.8K5745.8K
Net DEX-36.8K-76.0K-26.7K-27.0K-76.0K
Net VEX-83-230-62-79-230
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.6670901
Total OI8.476719719

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$81.30$0.0020.9%6.0%11.0%7.3%0.0%3.2%0.1%574-27.0K-790.00158.68N/AN/A0052
2025-09-03$81.08$0.0021.1%6.0%10.8%7.4%0.0%2.0%-2.3%614-26.7K-810.00159.86N/AN/A0152
2025-09-04$81.84$0.0020.9%5.0%11.3%7.3%0.0%0.8%-0.5%568-28.5K-750.00140.16N/AN/A0052
2025-09-05$81.78$0.0019.5%5.2%11.1%5.5%0.0%1.9%0.2%620-30.4K-650.00138.02N/AN/A0052
2025-09-08$82.25$0.0022.4%5.1%11.0%9.1%0.0%2.4%0.2%623-31.4K-620.00149.02N/AN/A1052
2025-09-09$82.25$0.0023.9%5.6%10.9%11.0%0.0%2.8%-2.3%1.0K-34.4K-790.00141.13N/AN/A0062
2025-09-10$82.02$0.0017.8%5.1%10.6%3.4%0.0%3.2%0.1%1.1K-34.9K-780.00142.20N/AN/A0062
2025-09-11$83.21$0.0017.2%4.9%11.4%2.6%0.0%1.2%1.0%1.0K-36.4K-740.00149.61N/AN/A0062
2025-09-12$82.58$0.0017.3%5.0%11.5%2.7%0.0%1.5%-0.4%1.0K-37.0K-690.00150.46N/AN/A0062
2025-09-15$82.54$0.0018.8%5.4%11.5%4.6%0.0%1.4%-3.1%1.1K-36.5K-700.00149.22N/AN/A0062
2025-09-16$81.97$0.0018.2%5.2%11.8%3.9%0.0%4.2%1.7%1.1K-35.3K-710.00145.55N/AN/A0062
2025-09-17$82.04$0.0019.0%5.4%11.7%4.8%0.0%-0.0%-1.3%1.1K-35.5K-700.00136.74N/AN/A0062
2025-09-18$82.64$0.0017.4%5.0%11.9%2.8%0.0%0.5%-0.3%1.1K-37.0K-660.00149.83N/AN/A0062
2025-09-19$82.62$0.0018.8%5.4%11.6%4.6%0.0%1.6%-2.6%1.1K-37.1K-660.00147.54N/AN/A0062
2025-09-22$82.89$0.0017.8%5.1%9.9%3.4%0.0%8.2%3.2%1.0K-34.7K-760.00150.77N/AN/A0062
2025-09-23$82.50$0.0018.6%5.3%9.7%4.4%0.0%-4.7%-0.7%1.1K-36.7K-650.00153.89N/AN/A0062
2025-09-24$81.95$0.0020.6%5.9%10.1%6.8%0.0%-7.1%-5.7%1.1K-35.8K-670.00146.12N/AN/A1062
2025-09-25$81.28$0.0019.0%5.4%10.2%4.8%0.0%-6.0%1.7%1.3K-36.1K-1020.00156.79N/AN/A0072
2025-09-26$82.06$0.0017.8%5.1%10.6%3.4%0.0%-4.9%1.4%1.3K-38.0K-980.00159.94N/AN/A1072
2025-09-29$82.77$0.0018.7%5.4%10.7%4.5%0.0%4.1%-0.5%1.6K-47.3K-1090.00160.44N/AN/A9082
2025-09-30$82.56$0.0018.9%5.4%10.4%4.7%0.0%-4.1%-0.4%5.8K-76.0K-2300.00159.60N/AN/A10172