IPOS Options History — January 2023

In January 2023, IPOS traded between $17.24 and $18.41. ATM implied volatility averaged 98.8%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 25.3%. IV traded above realized volatility by 74.1% (HV 20d: 24.7%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2023-01-31: Largest IV spike — 79.7% change
  • 2023-01-10: Highest IV Rank — 51.3%
  • 2023-01-03: Largest Expected Move — 35.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.00$17.24$18.41$17.24$17.82
ATM IV98.8%59.9%145.5%122.4%107.7%
Expected Move25.3%17.2%35.1%35.1%30.9%
HV 20d24.7%18.9%29.1%28.2%19.7%
HV 60d30.9%27.0%33.5%33.5%27.0%
IV Rank30.5%13.3%51.3%41.0%34.5%
IV Percentile74.4%14.5%95.5%92.6%86.4%
Term Structure-13.4%-26.8%-5.3%-23.6%-16.3%
Skew 25d91.0%8.3%126.1%120.2%126.1%
Skew 10d119.6%16.0%162.8%162.2%162.2%
Call IV 25d73.6%43.6%104.9%104.2%88.9%
Put IV 25d164.6%79.4%225.3%224.3%215.0%
Bid-Ask Spread %145.13140.69148.75146.13143.24
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$17.24$0.00122.4%35.1%28.2%41.0%0.0%120.2%-23.6%0000.00146.13N/AN/A0000
2023-01-04$17.67$0.00114.7%32.9%29.1%37.6%0.0%120.4%-20.3%0000.00146.50N/AN/A0000
2023-01-05$17.67$0.00112.3%20.5%29.1%36.5%0.0%78.5%-7.8%0000.00144.09N/AN/A0000
2023-01-06$17.75$0.00116.1%20.4%28.7%38.2%0.0%80.0%-6.9%0000.00142.83N/AN/A0000
2023-01-09$18.09$0.00141.0%22.7%27.2%49.3%0.0%73.4%-9.9%0000.00148.75N/AN/A0000
2023-01-10$18.15$0.00145.5%23.0%27.1%51.3%0.0%73.1%-10.1%0000.00148.34N/AN/A0000
2023-01-11$18.25$0.0077.2%22.1%26.8%20.9%0.0%96.7%-19.9%0000.00141.36N/AN/A0000
2023-01-12$18.17$0.0078.4%22.5%25.8%21.5%0.0%80.2%-8.2%0000.00147.88N/AN/A0000
2023-01-13$18.41$0.0071.6%20.5%25.9%18.5%0.0%99.2%-5.3%0000.00140.69N/AN/A0000
2023-01-17$18.02$0.0086.7%24.9%24.7%25.2%0.0%85.7%-26.8%0000.00144.02N/AN/A0000
2023-01-18$17.98$0.0087.6%25.1%24.5%25.6%0.0%84.8%-14.2%0000.00148.69N/AN/A0000
2023-01-19$17.87$0.0088.1%25.2%24.6%25.8%0.0%86.8%-10.1%0000.00148.26N/AN/A0000
2023-01-20$18.02$0.0089.3%25.6%23.6%26.3%0.0%87.6%-9.2%0000.00147.70N/AN/A0000
2023-01-23$18.16$0.0096.1%27.6%22.9%29.4%0.0%91.8%-13.6%0000.00147.12N/AN/A0000
2023-01-24$18.04$0.0093.0%26.7%22.7%28.0%0.0%104.6%-10.6%0000.00143.63N/AN/A0000
2023-01-25$18.14$0.0093.3%26.7%22.7%28.1%0.0%106.1%-19.3%0000.00142.70N/AN/A0000
2023-01-26$18.23$0.0096.5%27.7%20.8%29.5%0.0%107.8%-11.1%0000.00143.57N/AN/A0000
2023-01-27$18.35$0.0098.4%28.2%18.9%30.4%0.0%109.4%-10.3%0000.00143.29N/AN/A0000
2023-01-30$17.87$0.0059.9%17.2%20.7%13.3%0.0%8.3%-14.8%0000.00143.78N/AN/A0000
2023-01-31$17.82$0.00107.7%30.9%19.7%34.5%0.0%126.1%-16.3%0000.00143.24N/AN/A0000