IPOS Options History — January 2024

In January 2024, IPOS traded between $12.52 and $13.71. ATM implied volatility averaged 72.2%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 52.2% (HV 20d: 20.1%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2024-01-03: Largest IV drop — 45.0% change
  • 2024-01-02: Highest IV Rank — 34.7%
  • 2024-01-02: Largest Expected Move — 39.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.96$12.52$13.71$13.71$12.53
ATM IV72.2%54.5%136.2%136.2%78.5%
Expected Move19.0%9.6%39.1%39.1%22.5%
HV 20d20.1%17.7%22.2%18.8%18.8%
HV 60d22.6%21.5%23.2%22.7%21.5%
IV Rank10.9%4.3%34.7%34.7%13.2%
IV Percentile10.1%0.8%78.2%78.2%11.1%
Term Structure-16.1%-24.0%4.7%-19.9%-23.4%
Skew 25d9.1%-5.2%170.8%170.8%0.2%
Skew 10d23.0%7.8%290.4%290.4%10.9%
Call IV 25d79.1%44.3%115.2%115.2%100.2%
Put IV 25d88.2%39.1%286.0%286.0%100.4%
Bid-Ask Spread %143.06140.18146.31146.31141.36
Gamma HHI0.630.540.680.540.68
Net GEX-37-50-18-18-42
Net DEX1.7K1.0K2.0K1.0K2.0K
Net VEX-12-15-10-15-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI55555

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$13.71$0.00136.2%39.1%18.8%34.7%0.0%170.8%-19.9%-181.0K-150.00146.31N/AN/A0023
2024-01-03$13.61$0.0074.9%21.5%17.7%11.9%0.0%0.6%-22.0%-351.4K-140.00141.46N/AN/A0023
2024-01-04$13.54$0.0059.1%9.6%17.8%6.0%0.0%-5.2%4.7%-501.7K-130.00143.74N/AN/A0023
2024-01-05$13.41$0.0083.5%15.7%17.9%15.1%0.0%2.4%-15.1%-361.6K-130.00144.12N/AN/A0023
2024-01-08$13.43$0.0091.4%16.0%17.8%18.0%0.0%2.5%-14.5%-371.6K-130.00144.19N/AN/A0023
2024-01-09$13.05$0.0088.9%15.5%20.3%17.1%0.0%2.3%-16.6%-361.7K-130.00144.22N/AN/A0023
2024-01-10$13.25$0.0057.2%16.4%21.1%5.3%0.0%0.9%-15.7%-371.6K-130.00144.53N/AN/A0023
2024-01-11$13.21$0.0056.5%16.2%21.0%5.1%0.0%0.9%-18.5%-381.7K-120.00142.93N/AN/A0023
2024-01-12$13.11$0.0054.5%15.6%20.8%4.3%0.0%0.9%-14.6%-381.7K-120.00143.91N/AN/A0023
2024-01-16$12.79$0.0058.6%16.8%20.7%5.9%0.0%0.4%-18.6%-371.8K-110.00143.19N/AN/A0023
2024-01-17$12.57$0.0064.3%18.4%21.1%8.0%0.0%2.0%-20.5%-361.9K-110.00143.51N/AN/A0023
2024-01-18$12.77$0.0060.6%17.4%22.2%6.6%0.0%2.8%-9.8%-361.8K-120.00143.86N/AN/A0023
2024-01-19$12.61$0.0064.7%18.5%21.3%8.1%0.0%2.6%-12.0%-371.9K-110.00142.73N/AN/A0023
2024-01-22$12.54$0.0068.6%19.7%21.0%9.6%0.0%1.9%-14.0%-371.9K-110.00143.74N/AN/A0023
2024-01-23$12.71$0.0066.7%19.1%20.7%8.9%0.0%2.3%-14.4%-371.9K-110.00143.55N/AN/A0023
2024-01-24$12.79$0.0064.1%18.4%20.9%7.9%0.0%0.9%-14.8%-381.8K-110.00142.96N/AN/A0023
2024-01-25$12.72$0.0065.6%18.8%20.8%8.5%0.0%1.3%-16.2%-381.9K-110.00141.74N/AN/A0023
2024-01-26$12.67$0.0067.3%19.3%20.4%9.1%0.0%0.4%-15.6%-381.9K-110.00140.61N/AN/A0023
2024-01-29$12.52$0.0077.4%22.2%20.2%12.8%0.0%0.1%-24.0%-382.0K-100.00141.34N/AN/A0023
2024-01-30$12.55$0.0078.4%22.5%20.0%13.2%0.0%-0.0%-22.5%-402.0K-100.00140.18N/AN/A0023
2024-01-31$12.53$0.0078.5%22.5%18.8%13.2%0.0%0.2%-23.4%-422.0K-100.00141.36N/AN/A0023