IPOS Options History — December 2023

In December 2023, IPOS traded between $13.57 and $14.05. ATM implied volatility averaged 141.1%, placing in the 37.8% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded above realized volatility by 121.1% (HV 20d: 20.1%). Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2023-12-28: Highest Volume — 1 contracts
  • 2023-12-13: Largest IV drop — 70.6% change
  • 2023-12-12: Highest IV Rank — 100.0%
  • 2023-12-01: Largest Expected Move — 42.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.78$13.57$14.05$13.94$14.05
ATM IV141.1%88.5%311.8%148.0%124.3%
Expected Move28.6%17.5%42.4%42.4%35.6%
HV 20d20.1%15.5%25.7%25.7%16.6%
HV 60d22.5%22.2%22.9%22.6%22.2%
IV Rank37.8%17.0%100.0%42.0%30.3%
IV Percentile61.5%15.1%100.0%85.7%69.8%
Term Structure-10.1%-24.5%-6.3%-24.5%-14.5%
Skew 25d120.5%49.9%186.6%186.6%148.6%
Skew 10d224.3%140.1%327.6%327.6%278.9%
Call IV 25d89.0%70.3%122.4%122.4%101.5%
Put IV 25d209.5%142.3%309.0%309.0%250.1%
Bid-Ask Spread %147.46144.24154.49144.24145.72
Gamma HHI0.540.510.560.540.55
Net GEX8-181111-18
Net DEX-153-549994-260994
Net VEX-10-10-8-10-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.10101
Total OI3.053434

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$13.94$0.00148.0%42.4%25.7%42.0%0.0%186.6%-24.5%11-260-100.00144.24N/AN/A0021
2023-12-04$13.68$0.00112.7%17.5%24.6%27.9%0.0%101.8%-6.8%10-161-100.00148.02N/AN/A0021
2023-12-05$13.68$0.00118.2%17.7%24.6%30.1%0.0%104.1%-7.0%10-191-100.00148.77N/AN/A0021
2023-12-06$13.58$0.00183.3%25.2%24.7%56.1%0.0%105.8%-8.4%10-166-100.00147.66N/AN/A0021
2023-12-07$13.67$0.00193.9%25.4%24.7%60.3%0.0%102.6%-6.3%10-504-100.00154.49N/AN/A0021
2023-12-08$13.69$0.00207.2%25.7%24.1%65.6%0.0%107.3%-6.5%10-185-100.00147.78N/AN/A0021
2023-12-11$13.57$0.00270.2%26.1%24.4%90.8%0.0%112.5%-6.9%10-153-100.00146.89N/AN/A0021
2023-12-12$13.58$0.00311.8%26.5%23.9%100.0%0.0%113.9%-7.2%10-152-100.00146.88N/AN/A0021
2023-12-13$13.69$0.0091.8%26.3%18.0%18.2%0.0%114.3%-6.4%9-89-90.00144.91N/AN/A0021
2023-12-14$13.96$0.0096.0%27.5%19.3%19.8%0.0%113.0%-7.5%11-236-100.00146.11N/AN/A0021
2023-12-15$13.81$0.0097.8%28.0%17.8%20.4%0.0%116.2%-8.5%10-100-90.00146.67N/AN/A0021
2023-12-18$13.70$0.00100.2%28.7%17.7%21.3%0.0%122.8%-7.9%10-170-90.00146.77N/AN/A0021
2023-12-19$13.91$0.0088.5%25.4%16.7%17.0%0.0%49.9%-9.9%10-549-100.00154.06N/AN/A0021
2023-12-20$13.71$0.00103.4%29.7%15.5%22.5%0.0%128.3%-8.9%10-172-90.00144.67N/AN/A0021
2023-12-21$13.93$0.00106.2%30.5%16.6%23.6%0.0%127.9%-10.5%11-222-90.00145.72N/AN/A0021
2023-12-22$13.78$0.00108.5%31.1%16.5%24.4%0.0%132.0%-11.8%10-187-90.00146.15N/AN/A0021
2023-12-26$13.82$0.00116.2%33.3%16.5%27.3%0.0%138.3%-12.7%10-517-100.00153.55N/AN/A0021
2023-12-27$13.90$0.00123.2%35.3%16.6%29.9%0.0%138.5%-14.3%11-207-90.00144.53N/AN/A0021
2023-12-28$13.97$0.00120.8%34.6%16.6%29.0%0.0%146.3%-14.7%4161-80.00145.67N/AN/A0121
2023-12-29$14.05$0.00124.3%35.6%16.6%30.3%0.0%148.6%-14.5%-18994-100.00145.72N/AN/A0122