IPOS Options History — February 2024

In February 2024, IPOS traded between $12.65 and $13.52. ATM implied volatility averaged 67.9%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 48.0% (HV 20d: 19.9%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-02-07: Largest IV drop — 36.3% change
  • 2024-02-06: Highest IV Rank — 16.2%
  • 2024-02-28: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.09$12.65$13.52$12.75$13.51
ATM IV67.9%54.3%86.3%81.8%78.6%
Expected Move17.8%14.7%22.8%15.1%22.5%
HV 20d19.9%18.8%22.1%20.3%19.8%
HV 60d20.0%19.1%21.4%20.9%19.5%
IV Rank9.3%4.2%16.2%14.5%13.3%
IV Percentile8.7%0.8%17.5%12.3%16.3%
Term Structure-10.9%-30.0%53.0%-11.5%-29.8%
Skew 25d1.0%-0.8%2.8%2.0%-0.2%
Skew 10d8.8%7.4%10.7%9.1%10.4%
Call IV 25d76.5%64.2%96.8%64.2%96.8%
Put IV 25d77.5%66.2%96.6%66.2%96.6%
Bid-Ask Spread %144.50143.20145.74145.74143.73
Gamma HHI0.660.640.680.650.66
Net GEX-45-50-40-41-50
Net DEX1.8K1.7K2.0K1.9K1.8K
Net VEX-10-11-10-10-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI55555

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$12.75$0.0081.8%15.1%20.3%14.5%0.0%2.0%-11.5%-411.9K-100.00145.74N/AN/A0023
2024-02-02$12.69$0.0083.6%14.7%20.3%15.1%0.0%2.1%-9.4%-401.9K-100.00145.32N/AN/A0023
2024-02-05$12.65$0.0075.8%16.1%20.1%12.3%0.0%1.9%-11.9%-412.0K-100.00144.86N/AN/A0023
2024-02-06$12.94$0.0086.3%15.1%22.1%16.2%0.0%2.3%-11.9%-431.9K-100.00144.65N/AN/A0023
2024-02-07$12.95$0.0055.0%15.8%19.7%4.5%0.0%2.2%-12.9%-421.9K-110.00144.90N/AN/A0023
2024-02-08$12.89$0.0054.3%15.6%18.8%4.2%0.0%1.3%-12.6%-421.9K-100.00144.40N/AN/A0023
2024-02-09$12.88$0.0055.8%16.0%18.8%4.8%0.0%1.2%-15.8%-431.9K-100.00144.61N/AN/A0023
2024-02-12$13.05$0.0056.4%16.2%19.3%5.0%0.0%0.9%-14.6%-441.9K-100.00144.93N/AN/A0023
2024-02-13$12.68$0.0057.1%16.4%20.0%5.3%0.0%0.5%-16.9%-442.0K-100.00144.06N/AN/A0023
2024-02-14$13.00$0.0059.2%17.0%20.9%6.1%0.0%2.5%-18.4%-441.9K-100.00143.89N/AN/A0023
2024-02-15$13.11$0.0059.0%16.9%20.4%6.0%0.0%2.8%53.0%-441.8K-100.00144.49N/AN/A0023
2024-02-16$13.21$0.0059.8%17.1%19.8%6.3%0.0%0.7%51.4%-461.8K-100.00144.16N/AN/A0023
2024-02-20$13.13$0.0062.9%18.0%19.8%7.5%0.0%1.3%-16.1%-471.9K-100.00143.20N/AN/A0023
2024-02-21$13.18$0.0063.1%18.1%19.4%7.5%0.0%1.4%-16.6%-461.8K-100.00143.51N/AN/A0023
2024-02-22$13.40$0.0069.7%20.0%20.1%10.0%0.0%-0.8%-21.0%-471.8K-100.00144.62N/AN/A0023
2024-02-23$13.40$0.0069.3%19.9%19.9%9.9%0.0%-0.8%-21.5%-461.7K-100.00144.73N/AN/A0023
2024-02-26$13.40$0.0076.0%21.8%19.7%12.3%0.0%-0.8%-26.8%-471.8K-100.00144.78N/AN/A0023
2024-02-27$13.52$0.0073.9%21.2%19.1%11.5%0.0%-0.1%-24.8%-471.7K-100.00144.74N/AN/A0023
2024-02-28$13.38$0.0079.5%22.8%19.7%13.6%0.0%-0.7%-30.0%-481.8K-100.00144.63N/AN/A0023
2024-02-29$13.51$0.0078.6%22.5%19.8%13.3%0.0%-0.2%-29.8%-501.8K-100.00143.73N/AN/A0023