IPOS Options History — May 2023

In May 2023, IPOS traded between $15.11 and $16.19. ATM implied volatility averaged 107.4%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded above realized volatility by 84.8% (HV 20d: 22.6%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2023-05-02: Largest IV spike — 85.4% change
  • 2023-05-09: Highest IV Rank — 46.2%
  • 2023-05-31: Largest Expected Move — 38.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.72$15.11$16.19$16.16$15.31
ATM IV107.4%64.2%151.6%64.2%133.2%
Expected Move27.7%18.4%38.2%18.4%38.2%
HV 20d22.6%20.7%24.1%21.5%20.7%
HV 60d21.2%20.6%21.5%21.5%21.3%
IV Rank29.4%13.0%46.2%13.0%39.2%
IV Percentile69.1%18.3%95.2%18.3%90.9%
Term Structure-11.7%-21.6%15.1%-16.5%-20.1%
Skew 25d119.6%89.9%153.7%126.6%153.7%
Skew 10d160.5%126.3%208.7%171.1%208.7%
Call IV 25d78.5%52.7%107.0%82.1%107.0%
Put IV 25d198.1%153.7%260.7%208.7%260.7%
Bid-Ask Spread %144.47141.89147.28145.25144.02
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$16.16$0.0064.2%18.4%21.5%13.0%0.0%126.6%-16.5%0000.00145.25N/AN/A0000
2023-05-02$15.80$0.00119.0%34.1%22.6%33.8%0.0%146.6%-17.6%0000.00143.75N/AN/A0000
2023-05-03$15.76$0.00121.8%34.9%22.5%34.9%0.0%151.5%-17.4%0000.00144.18N/AN/A0000
2023-05-04$15.92$0.00126.3%22.6%22.7%36.6%0.0%90.6%-8.2%0000.00145.12N/AN/A0000
2023-05-05$16.19$0.00131.7%22.8%23.1%38.6%0.0%89.9%-7.0%0000.00144.32N/AN/A0000
2023-05-08$16.04$0.00148.2%23.8%23.2%44.9%0.0%104.8%-11.2%0000.00142.40N/AN/A0000
2023-05-09$15.76$0.00151.6%23.4%23.3%46.2%0.0%97.5%-8.3%0000.00145.57N/AN/A0000
2023-05-10$15.96$0.0083.0%23.8%22.9%20.1%0.0%97.4%-8.3%0000.00144.41N/AN/A0000
2023-05-11$15.96$0.0084.1%24.1%21.2%20.6%0.0%98.6%-8.7%0000.00145.07N/AN/A0000
2023-05-12$15.75$0.0084.4%24.2%21.1%20.7%0.0%100.1%-8.4%0000.00147.28N/AN/A0000
2023-05-15$16.15$0.0089.3%25.6%23.2%22.5%0.0%119.9%-10.9%0000.00143.55N/AN/A0000
2023-05-16$15.88$0.0085.3%24.5%23.7%21.0%0.0%123.1%-11.9%0000.00144.77N/AN/A0000
2023-05-17$15.69$0.0090.6%26.0%24.0%23.0%0.0%109.7%-12.6%0000.00144.84N/AN/A0000
2023-05-18$15.54$0.0085.3%24.4%23.7%21.0%0.0%112.8%15.1%0000.00145.08N/AN/A0000
2023-05-19$15.69$0.0093.8%26.9%23.9%24.2%0.0%113.5%-12.7%0000.00144.99N/AN/A0000
2023-05-22$15.82$0.0092.8%26.6%24.1%23.9%0.0%135.7%-10.7%0000.00141.89N/AN/A0000
2023-05-23$15.62$0.0099.9%28.6%22.7%26.5%0.0%123.0%-11.8%0000.00144.15N/AN/A0000
2023-05-24$15.39$0.00114.2%32.7%22.5%32.0%0.0%127.6%-15.0%0000.00144.94N/AN/A0000
2023-05-25$15.11$0.00115.3%33.1%21.3%32.4%0.0%133.2%-16.0%0000.00144.33N/AN/A0000
2023-05-26$15.21$0.00118.5%34.0%21.6%33.6%0.0%135.0%-18.0%0000.00144.46N/AN/A0000
2023-05-30$15.18$0.00130.8%37.5%21.6%38.3%0.0%140.9%-21.6%0000.00143.98N/AN/A0000
2023-05-31$15.31$0.00133.2%38.2%20.7%39.2%0.0%153.7%-20.1%0000.00144.02N/AN/A0000