IMCG Options History — November 2025

In November 2025, IMCG traded between $77.27 and $82.13. ATM implied volatility averaged 25.9%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 10.3% (HV 20d: 15.6%). Max pain ranged from $60.00 to $84.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-11-14: Highest Volume — 161 contracts
  • 2025-11-18: Largest IV spike — 90.5% change
  • 2025-11-18: Highest IV Rank — 33.0%
  • 2025-11-18: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.31$77.27$82.13$82.09$81.11
Max Pain$80.21$60.00$84.00$60.00$84.00
ATM IV25.9%14.9%41.5%19.0%24.5%
Expected Move7.4%4.3%11.9%5.4%7.0%
HV 20d15.6%13.3%18.1%15.1%18.0%
HV 60d13.2%12.1%14.5%12.1%14.4%
IV Rank13.5%0.0%33.0%4.8%11.9%
IV Percentile60.3%0.0%98.4%34.9%77.0%
Term Structure1.1%-3.6%15.3%0.2%-2.7%
VWIV17.3%16.4%18.2%16.4%18.2%
Skew 25d11.2%-1.9%32.3%1.1%30.9%
Skew 10d12.8%0.6%30.9%1.4%30.9%
Call IV 25d17.0%9.8%22.1%14.9%19.1%
Put IV 25d28.2%15.0%50.0%16.1%50.0%
Bid-Ask Spread %156.29127.97187.62127.97187.62
Gamma HHI0.780.710.880.780.85
Net GEX64.1K29.6K107.8K96.2K29.6K
Net DEX-433.3K-676.1K-167.2K-517.7K-676.1K
Net VEX-1.5K-2.0K-731-2.0K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume9016100
Total OI198.263182204201184

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$82.09$60.0019.0%5.4%15.1%4.8%0.0%1.1%0.2%96.2K-517.7K-2.0K0.00127.97N/AN/A002001
2025-11-04$81.20$60.0019.6%5.6%15.4%5.7%0.0%1.2%-0.9%84.7K-404.0K-1.7K0.00129.01N/AN/A002001
2025-11-05$81.60$60.0017.5%5.0%15.0%3.0%0.0%1.5%3.8%85.2K-494.1K-1.9K0.00128.69N/AN/A002001
2025-11-06$80.70$84.0017.3%5.3%15.4%2.8%0.0%0.3%-0.8%83.0K-365.2K-1.5K0.00137.83N/AN/A002001
2025-11-07$81.09$84.0019.2%5.2%13.3%5.2%0.0%0.6%0.9%78.3K-326.7K-1.4K0.00130.45N/AN/A002001
2025-11-10$82.13$84.0019.3%5.5%13.5%5.2%0.0%-1.9%-0.3%95.6K-474.0K-1.7K0.00138.62N/AN/A002001
2025-11-11$81.95$84.0018.4%4.3%13.5%4.2%16.4%-1.0%2.8%107.8K-433.2K-1.6K0.00140.96N/AN/A102001
2025-11-12$82.13$84.0014.9%4.3%13.5%0.0%0.0%-0.7%2.8%104.0K-503.6K-1.7K0.00140.82N/AN/A002011
2025-11-13$80.25$84.0021.7%6.2%15.3%8.4%0.0%11.9%-2.2%65.5K-298.0K-1.2K0.00163.84N/AN/A102011
2025-11-14$80.07$84.0034.4%9.9%15.3%24.2%18.2%16.1%3.5%48.9K-548.1K-1.8K0.00171.46N/AN/A16102021
2025-11-17$78.53$84.0021.8%6.2%15.8%8.5%0.0%11.6%2.4%47.8K-202.1K-9120.00156.44N/AN/A102021
2025-11-18$78.69$84.0041.5%11.9%15.7%33.0%0.0%12.2%1.5%42.8K-462.8K-1.6K0.00166.39N/AN/A202031
2025-11-19$78.72$84.0036.8%10.5%15.4%27.2%0.0%13.9%1.1%46.0K-167.2K-7310.00168.39N/AN/A002031
2025-11-20$77.27$84.0024.8%7.1%16.0%12.3%0.0%12.4%-3.6%40.0K-267.2K-1.1K0.00174.75N/AN/A002031
2025-11-21$78.42$84.0038.4%11.0%17.0%29.2%0.0%16.8%15.3%33.5K-535.6K-1.6K0.00170.72N/AN/A302031
2025-11-24$78.97$84.0039.6%11.4%17.0%30.7%0.0%27.5%0.6%33.4K-518.5K-1.5K0.00173.66N/AN/A201820
2025-11-25$80.19$84.0039.6%11.3%18.1%30.7%0.0%25.4%-0.0%32.9K-603.3K-1.5K0.00175.67N/AN/A001840
2025-11-26$80.86$84.0023.2%6.6%18.1%10.3%0.0%32.3%-2.7%63.0K-435.9K-1.3K0.00186.23N/AN/A001840
2025-11-28$81.11$84.0024.5%7.0%18.0%11.9%0.0%30.9%-2.7%29.6K-676.1K-1.5K0.00187.62N/AN/A001840