IPOS Options History — September 2023

In September 2023, IPOS traded between $13.50 and $14.60. ATM implied volatility averaged 139.2%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 29.9%. IV traded above realized volatility by 119.7% (HV 20d: 19.5%). Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-09-15: Highest Volume — 2 contracts
  • 2023-09-12: Largest IV drop — 41.8% change
  • 2023-09-11: Highest IV Rank — 99.7%
  • 2023-09-01: Largest Expected Move — 39.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.07$13.50$14.60$14.60$13.66
ATM IV139.2%90.9%292.6%137.7%111.3%
Expected Move29.9%20.5%39.5%39.5%31.9%
HV 20d19.5%16.6%22.5%22.5%17.2%
HV 60d23.9%23.1%24.8%24.3%23.2%
IV Rank40.8%22.2%99.7%40.2%30.0%
IV Percentile70.9%31.3%99.6%87.3%61.1%
Term Structure-8.6%-27.8%23.3%-27.8%5.2%
Skew 25d111.2%-29.0%179.8%129.0%179.8%
Skew 10d143.5%-9.3%240.8%-9.3%240.8%
Call IV 25d78.0%18.2%103.0%102.3%76.5%
Put IV 25d189.2%17.0%256.3%231.2%256.3%
Bid-Ask Spread %142.73103.71148.43145.93143.19
Gamma HHI1.001.001.001.001.00
Net GEX12026019
Net DEX-394-90800-528
Net VEX-4-800-6
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.10200
Total OI10202

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$14.60$0.00137.7%39.5%22.5%40.2%0.0%129.0%-27.8%0000.00145.93N/AN/A0000
2023-09-05$14.52$0.00161.8%20.5%22.5%49.4%0.0%96.7%-3.8%0000.00144.54N/AN/A0000
2023-09-06$14.49$0.00198.0%26.8%21.7%63.3%0.0%97.7%-7.2%0000.00143.04N/AN/A0000
2023-09-07$14.21$0.00204.5%26.7%22.4%65.9%0.0%100.9%-6.2%0000.00146.93N/AN/A0000
2023-09-08$14.20$0.00217.1%26.8%22.4%70.7%0.0%62.4%-9.4%0000.00103.71N/AN/A0000
2023-09-11$14.47$0.00292.6%28.1%20.1%99.7%0.0%24.3%-8.3%0000.00148.32N/AN/A0000
2023-09-12$14.39$0.00170.3%28.6%19.8%52.7%0.0%106.1%-8.9%0000.00148.43N/AN/A0000
2023-09-13$14.30$0.00100.6%28.9%18.9%25.9%0.0%108.1%-9.4%0000.00148.21N/AN/A0000
2023-09-14$14.33$0.0099.8%28.6%18.7%25.6%0.0%109.4%-6.4%0000.00147.91N/AN/A0000
2023-09-15$14.24$0.00102.2%29.3%18.8%26.6%0.0%-29.0%-9.7%0000.00118.97N/AN/A2000
2023-09-18$14.13$0.00102.8%29.5%17.3%26.8%0.0%117.8%-8.2%26-908-80.00146.32N/AN/A0020
2023-09-19$13.97$0.00104.2%29.9%17.7%27.3%0.0%121.6%-11.2%25-883-80.00146.82N/AN/A0020
2023-09-20$13.95$0.00106.0%30.4%17.7%28.0%0.0%125.6%-11.9%25-869-80.00147.09N/AN/A0020
2023-09-21$13.66$0.00106.2%30.4%18.3%28.1%0.0%131.2%-11.3%23-824-70.00147.78N/AN/A0020
2023-09-22$13.94$0.0090.9%26.1%20.0%22.2%0.0%130.2%23.3%25-872-80.00145.91N/AN/A0020
2023-09-25$13.77$0.00114.0%32.7%20.3%31.1%0.0%139.9%-13.5%24-844-80.00145.20N/AN/A0020
2023-09-26$13.54$0.00108.0%31.0%20.4%28.8%0.0%169.9%-12.3%24-706-70.00143.63N/AN/A0020
2023-09-27$13.50$0.00135.8%38.9%16.8%39.5%0.0%149.3%-18.1%23-793-70.00147.03N/AN/A0020
2023-09-28$13.54$0.00120.3%34.5%16.6%33.5%0.0%152.2%-16.3%20-643-60.00145.72N/AN/A0020
2023-09-29$13.66$0.00111.3%31.9%17.2%30.0%0.0%179.8%5.2%19-528-60.00143.19N/AN/A0020