IPOS Options History — March 2023

In March 2023, IPOS traded between $15.79 and $17.02. ATM implied volatility averaged 124.8%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 26.8%. IV traded above realized volatility by 102.8% (HV 20d: 22.0%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2023-03-15: Largest IV drop — 71.0% change
  • 2023-03-14: Highest IV Rank — 100.0%
  • 2023-03-03: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.38$15.79$17.02$16.80$16.45
ATM IV124.8%70.8%293.3%115.3%112.3%
Expected Move26.8%20.3%36.0%33.0%32.2%
HV 20d22.0%18.7%25.4%25.4%21.4%
HV 60d23.6%21.4%24.6%24.5%21.4%
IV Rank39.0%15.5%100.0%37.9%31.3%
IV Percentile79.0%33.3%100.0%88.5%83.7%
Term Structure-10.0%-24.0%-4.4%-18.0%-13.2%
Skew 25d103.0%30.4%149.2%139.1%125.2%
Skew 10d141.3%44.9%196.0%181.8%169.4%
Call IV 25d75.8%59.0%100.6%97.4%86.6%
Put IV 25d178.8%103.6%249.8%236.4%211.8%
Bid-Ask Spread %144.36142.07149.20143.77143.98
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$16.80$0.00115.3%33.0%25.4%37.9%0.0%139.1%-18.0%0000.00143.77N/AN/A0000
2023-03-02$16.97$0.00119.6%34.3%22.3%39.8%0.0%141.9%-19.9%0000.00143.76N/AN/A0000
2023-03-03$17.02$0.00125.5%36.0%22.3%42.4%0.0%149.2%-24.0%0000.00144.30N/AN/A0000
2023-03-06$16.98$0.00140.7%20.8%20.9%49.1%0.0%80.3%-4.4%0000.00145.12N/AN/A0000
2023-03-07$16.59$0.00144.2%20.9%20.9%50.7%0.0%84.3%-5.0%0000.00143.84N/AN/A0000
2023-03-08$16.55$0.00150.9%20.8%20.9%53.7%0.0%85.5%-4.9%0000.00145.13N/AN/A0000
2023-03-09$16.13$0.00111.3%23.3%22.3%36.1%0.0%89.0%-4.8%0000.00142.07N/AN/A0000
2023-03-10$15.98$0.00186.5%23.5%21.6%69.5%0.0%91.3%-5.9%0000.00144.29N/AN/A0000
2023-03-13$15.98$0.00255.3%25.3%19.9%100.0%0.0%85.6%-9.4%0000.00144.36N/AN/A0000
2023-03-14$16.12$0.00293.3%25.8%18.7%100.0%0.0%86.0%-8.9%0000.00149.20N/AN/A0000
2023-03-15$15.79$0.0085.2%24.4%19.6%21.0%0.0%98.7%-6.1%0000.00144.34N/AN/A0000
2023-03-16$16.23$0.0086.5%24.8%22.5%21.5%0.0%96.8%-6.6%0000.00143.70N/AN/A0000
2023-03-17$16.06$0.0087.6%25.1%22.6%21.9%0.0%99.5%-6.3%0000.00144.83N/AN/A0000
2023-03-20$15.97$0.0091.8%26.3%22.6%23.5%0.0%104.7%-8.8%0000.00144.70N/AN/A0000
2023-03-21$16.36$0.0094.1%27.0%24.0%24.4%0.0%102.7%-8.8%0000.00143.70N/AN/A0000
2023-03-22$16.35$0.0095.0%27.2%24.0%24.7%0.0%105.8%-8.0%0000.00144.44N/AN/A0000
2023-03-23$16.35$0.0097.3%27.9%23.9%25.6%0.0%107.7%-8.9%0000.00142.92N/AN/A0000
2023-03-24$16.32$0.0097.7%28.0%22.8%25.7%0.0%109.7%-8.8%0000.00144.08N/AN/A0000
2023-03-27$16.34$0.00103.3%29.6%22.2%27.9%0.0%115.7%-10.6%0000.00144.63N/AN/A0000
2023-03-28$16.37$0.00106.1%30.4%22.1%28.9%0.0%117.6%-12.7%0000.00144.19N/AN/A0000
2023-03-29$16.48$0.0070.8%20.3%21.3%15.5%0.0%30.4%-12.9%0000.00144.63N/AN/A0000
2023-03-30$16.62$0.0099.4%28.5%21.2%26.3%0.0%121.3%-13.1%0000.00144.36N/AN/A0000
2023-03-31$16.45$0.00112.3%32.2%21.4%31.3%0.0%125.2%-13.2%0000.00143.98N/AN/A0000