IPOS Options History — October 2023

In October 2023, IPOS traded between $12.50 and $13.78. ATM implied volatility averaged 134.3%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 114.7% (HV 20d: 19.6%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days.

Notable Days

  • 2023-10-25: Largest IV spike — 52.1% change
  • 2023-10-04: Highest IV Rank — 74.6%
  • 2023-10-04: Largest Expected Move — 65.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.16$12.50$13.78$13.43$12.72
ATM IV134.3%73.7%227.2%152.8%144.9%
Expected Move34.8%21.1%65.1%43.8%41.5%
HV 20d19.6%17.4%21.8%17.8%21.0%
HV 60d21.9%19.8%23.1%23.0%20.3%
IV Rank38.9%15.6%74.6%46.0%43.0%
IV Percentile70.1%7.1%97.2%91.3%84.5%
Term Structure-17.9%-88.0%8.6%-24.6%-19.6%
Skew 25d143.5%101.7%198.4%169.9%186.8%
Skew 10d194.3%50.4%378.5%238.7%272.9%
Call IV 25d96.2%63.1%198.7%114.1%124.6%
Put IV 25d239.7%186.2%315.2%284.0%311.4%
Bid-Ask Spread %146.41141.61155.32146.03145.64
Gamma HHI1.001.001.001.001.00
Net GEX2012242215
Net DEX-670-998-292-774-487
Net VEX-6-8-3-7-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$13.43$0.00152.8%43.8%17.8%46.0%0.0%169.9%-24.6%22-774-70.00146.03N/AN/A0020
2023-10-03$13.29$0.00150.2%43.1%18.0%45.0%0.0%177.1%-20.3%22-696-70.00144.94N/AN/A0020
2023-10-04$13.25$0.00227.2%65.1%18.0%74.6%0.0%116.5%-88.0%19-956-80.00154.21N/AN/A0020
2023-10-05$13.36$0.00164.2%29.1%17.6%50.4%0.0%115.9%-19.9%22-800-70.00147.02N/AN/A0020
2023-10-06$13.59$0.00145.8%26.4%19.0%43.3%0.0%107.8%5.4%22-852-80.00144.98N/AN/A0020
2023-10-09$13.47$0.00192.3%30.4%17.4%61.2%0.0%113.3%-16.4%22-790-70.00148.20N/AN/A0020
2023-10-10$13.75$0.00174.5%26.9%19.4%54.3%0.0%112.1%-13.1%24-829-70.00147.94N/AN/A0020
2023-10-11$13.78$0.0098.3%28.2%19.4%25.0%0.0%113.2%-12.7%24-843-80.00146.00N/AN/A0020
2023-10-12$13.56$0.0095.5%27.4%19.9%24.0%0.0%117.0%-14.2%24-683-70.00147.38N/AN/A0020
2023-10-13$13.37$0.00110.7%31.7%20.3%29.8%0.0%140.8%-17.6%22-776-70.00147.45N/AN/A0020
2023-10-16$13.34$0.00115.0%33.0%20.2%31.5%0.0%147.4%-19.4%17-471-50.00144.00N/AN/A0020
2023-10-17$13.38$0.00115.9%33.2%20.1%31.8%0.0%141.9%-17.4%22-721-70.00145.55N/AN/A0020
2023-10-18$13.03$0.00114.3%32.8%21.8%31.2%0.0%135.9%-17.3%21-696-60.00146.34N/AN/A0020
2023-10-19$13.03$0.00117.1%33.6%20.9%32.3%0.0%138.2%-12.2%21-646-60.00145.60N/AN/A0020
2023-10-20$12.86$0.00118.0%33.8%19.4%32.6%0.0%143.3%-12.7%20-660-60.00145.87N/AN/A0020
2023-10-23$12.90$0.0073.7%21.1%19.3%15.6%0.0%173.1%-10.4%14-352-40.00141.61N/AN/A0020
2023-10-24$12.97$0.0083.5%23.9%18.8%19.4%0.0%151.6%5.6%17-998-70.00155.32N/AN/A0020
2023-10-25$12.62$0.00127.0%36.4%20.8%36.1%0.0%101.7%-15.9%19-480-50.00144.94N/AN/A0020
2023-10-26$12.50$0.00137.0%39.3%20.8%39.9%0.0%170.9%8.6%19-535-60.00144.85N/AN/A0020
2023-10-27$12.50$0.00155.6%44.6%20.3%47.0%0.0%184.0%-42.8%12-292-30.00142.58N/AN/A0020
2023-10-30$12.72$0.00142.0%40.7%21.1%41.8%0.0%198.4%-18.9%15-412-40.00144.52N/AN/A0020
2023-10-31$12.72$0.00144.9%41.5%21.0%43.0%0.0%186.8%-19.6%15-487-50.00145.64N/AN/A0020