IPOS Options History — March 2024

In March 2024, IPOS traded between $13.21 and $13.89. ATM implied volatility averaged 76.6%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 57.7% (HV 20d: 18.9%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2024-03-13: Largest IV drop — 67.1% change
  • 2024-03-12: Highest IV Rank — 39.4%
  • 2024-03-01: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.68$13.21$13.89$13.65$13.70
ATM IV76.6%48.9%148.8%77.7%63.7%
Expected Move15.8%14.0%22.3%22.3%18.3%
HV 20d18.9%16.5%22.0%19.3%16.5%
HV 60d19.9%18.9%20.7%19.3%18.9%
IV Rank12.6%2.2%39.4%13.0%7.8%
IV Percentile22.6%0.4%86.9%15.5%11.9%
Term Structure-10.4%-26.9%-6.3%-26.9%-15.9%
Skew 25d1.9%-0.3%8.8%2.8%0.4%
Skew 10d15.7%9.0%50.8%9.0%14.4%
Call IV 25d67.4%55.1%96.6%96.6%78.6%
Put IV 25d69.3%59.3%99.4%99.4%79.1%
Bid-Ask Spread %175.36144.64178.70144.64177.01
Gamma HHI0.670.640.690.640.69
Net GEX-54-59-48-48-59
Net DEX1.7K1.6K1.9K1.7K1.8K
Net VEX-9-10-8-10-8
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
2024-03-01$13.65$0.0077.7%22.3%19.3%13.0%0.0%2.8%-26.9%-481.7K-100.00144.64N/AN/A0023
2024-03-04$13.46$0.0094.1%15.1%20.1%19.1%0.0%-0.3%-8.0%-511.8K-90.00178.64N/AN/A0023
2024-03-05$13.21$0.0097.1%15.1%21.4%20.2%0.0%1.9%-6.8%-481.9K-90.00178.06N/AN/A0023
2024-03-06$13.54$0.0097.1%14.1%21.7%20.2%0.0%2.8%-7.2%-501.7K-90.00178.63N/AN/A0023
2024-03-07$13.57$0.00103.0%14.9%21.7%22.4%0.0%1.4%-6.3%-491.7K-90.00178.70N/AN/A0023
2024-03-08$13.54$0.00108.5%14.1%21.6%24.4%0.0%1.5%-8.8%-531.8K-90.00177.27N/AN/A0023
2024-03-11$13.63$0.00140.6%15.0%21.6%36.3%0.0%1.9%-7.0%-521.7K-90.00177.46N/AN/A0023
2024-03-12$13.88$0.00148.8%14.0%22.0%39.4%0.0%8.8%-6.5%-541.6K-90.00175.15N/AN/A0023
2024-03-13$13.89$0.0048.9%14.0%18.5%2.2%0.0%2.3%-7.1%-531.6K-90.00176.97N/AN/A0023
2024-03-14$13.70$0.0049.1%14.1%18.0%2.3%0.0%0.9%-7.4%-561.7K-90.00176.21N/AN/A0023
2024-03-15$13.74$0.0050.5%14.5%17.8%2.8%0.0%1.1%-9.1%-561.7K-90.00177.05N/AN/A0023
2024-03-18$13.75$0.0052.0%14.9%17.7%3.4%0.0%0.7%-7.7%-551.7K-90.00176.35N/AN/A0023
2024-03-19$13.74$0.0054.4%15.6%17.5%4.3%0.0%1.1%-11.0%-561.7K-80.00176.40N/AN/A0023
2024-03-20$13.85$0.0053.5%15.4%17.6%4.0%0.0%2.6%-11.0%-571.7K-80.00175.66N/AN/A0023
2024-03-21$13.84$0.0055.3%15.9%16.8%4.6%0.0%2.4%-10.9%-561.7K-80.00176.94N/AN/A0023
2024-03-22$13.72$0.0058.1%16.7%17.2%5.7%0.0%2.1%-11.1%-571.7K-80.00176.73N/AN/A0023
2024-03-25$13.70$0.0059.8%17.1%17.3%6.3%0.0%2.4%-11.0%-591.8K-80.00176.48N/AN/A0023
2024-03-26$13.78$0.0058.2%16.7%17.1%5.7%0.0%0.8%-13.6%-591.7K-80.00176.44N/AN/A0023
2024-03-27$13.69$0.0062.3%17.9%16.8%7.2%0.0%0.4%-13.8%-581.8K-80.00176.51N/AN/A0023
2024-03-28$13.70$0.0063.7%18.3%16.5%7.8%0.0%0.4%-15.9%-591.8K-80.00177.01N/AN/A0023