IPOS Options History — April 2023

In April 2023, IPOS traded between $15.55 and $16.70. ATM implied volatility averaged 104.3%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 27.2%. IV traded above realized volatility by 85.1% (HV 20d: 19.2%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 2 of 19 days.

Notable Days

  • 2023-04-19: Largest IV spike — 53.1% change
  • 2023-04-10: Highest IV Rank — 48.8%
  • 2023-04-05: Largest Expected Move — 36.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.29$15.55$16.70$16.56$16.16
ATM IV104.3%61.4%158.4%107.4%110.1%
Expected Move27.2%17.6%36.4%30.8%31.6%
HV 20d19.2%16.4%22.0%21.6%21.7%
HV 60d21.7%21.1%22.6%21.4%21.5%
IV Rank28.2%11.9%48.8%29.4%30.4%
IV Percentile70.2%14.7%96.4%79.4%79.8%
Term Structure-11.1%-18.8%6.0%-13.4%-16.1%
Skew 25d104.6%-0.6%143.6%134.4%128.4%
Skew 10d135.6%-32.9%197.7%180.1%175.4%
Call IV 25d73.2%24.4%101.7%92.6%88.2%
Put IV 25d177.8%23.9%245.3%226.9%216.6%
Bid-Ask Spread %144.07120.84149.59144.19144.92
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$16.56$0.00107.4%30.8%21.6%29.4%0.0%134.4%-13.4%0000.00144.19N/AN/A0000
2023-04-04$16.59$0.00111.3%31.9%20.0%30.9%0.0%138.2%-16.2%0000.00144.75N/AN/A0000
2023-04-05$16.40$0.00127.0%36.4%20.4%36.8%0.0%143.6%-18.1%0000.00139.64N/AN/A0000
2023-04-06$16.60$0.00116.6%20.9%18.5%32.9%0.0%81.8%-8.8%0000.00143.72N/AN/A0000
2023-04-10$16.47$0.00158.4%25.4%18.4%48.8%0.0%105.6%-14.2%0000.00149.59N/AN/A0000
2023-04-11$16.68$0.00142.5%22.0%18.8%42.7%0.0%91.4%-8.7%0000.00145.11N/AN/A0000
2023-04-12$16.34$0.0086.9%24.9%20.3%21.6%0.0%94.4%-11.6%0000.00144.21N/AN/A0000
2023-04-13$16.70$0.0081.8%23.5%20.0%19.7%0.0%91.1%-18.8%0000.00146.86N/AN/A0000
2023-04-14$16.45$0.0088.3%25.3%18.6%22.2%0.0%96.1%-9.3%0000.00147.74N/AN/A0000
2023-04-17$16.49$0.0092.2%26.4%18.2%23.6%0.0%118.2%-13.5%0000.00144.19N/AN/A0000
2023-04-18$16.34$0.0061.4%17.6%18.4%11.9%0.0%67.9%-12.6%0000.00147.91N/AN/A0000
2023-04-19$16.26$0.0094.0%26.9%16.4%24.3%0.0%106.7%-13.9%0000.00145.33N/AN/A0000
2023-04-20$16.02$0.0094.2%27.0%17.2%24.4%0.0%110.7%5.2%0000.00144.42N/AN/A0000
2023-04-21$15.93$0.0093.9%26.9%17.2%24.3%0.0%113.5%-7.9%0000.00144.49N/AN/A0000
2023-04-24$15.96$0.00100.8%28.9%17.3%26.9%0.0%-0.6%-12.5%0000.00120.84N/AN/A0000
2023-04-25$15.55$0.00105.4%30.2%19.4%28.7%0.0%113.8%-15.2%0000.00147.64N/AN/A0000
2023-04-26$15.79$0.00103.1%29.6%20.3%27.8%0.0%126.2%6.0%0000.00144.16N/AN/A0000
2023-04-27$16.16$0.00106.0%30.4%22.0%28.9%0.0%125.4%-10.9%0000.00147.68N/AN/A0000
2023-04-28$16.16$0.00110.1%31.6%21.7%30.4%0.0%128.4%-16.1%0000.00144.92N/AN/A0000