IPOS Options History — May 2024

In May 2024, IPOS traded between $14.02 and $14.80. ATM implied volatility averaged 73.6%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 51.9% (HV 20d: 21.7%). Max pain ranged from $14.00 to $14.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-05-15: Largest IV drop — 68.9% change
  • 2024-05-14: Highest IV Rank — 41.2%
  • 2024-05-03: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.55$14.02$14.80$14.02$14.04
Max Pain$14.00$14.00$14.00$14.00$14.00
ATM IV73.6%47.1%153.7%69.7%61.7%
Expected Move15.7%12.8%21.4%20.0%17.7%
HV 20d21.7%16.6%25.2%21.1%16.6%
HV 60d18.9%18.3%20.1%18.7%18.3%
IV Rank11.4%1.6%41.2%10.0%7.0%
IV Percentile24.9%0.4%90.9%22.2%16.3%
Term Structure-10.3%-27.1%54.2%-25.3%-19.0%
Skew 25d1.4%0.2%2.9%0.2%1.4%
Skew 10d15.8%8.6%52.9%9.6%8.6%
Call IV 25d66.5%54.3%90.2%89.4%78.0%
Put IV 25d67.9%56.5%92.6%89.6%79.4%
Bid-Ask Spread %168.46141.81174.98141.81169.86
Gamma HHI0.460.410.510.450.50
Net GEX-44-86-2-78-2
Net DEX497-3531.6K1.6K-125
Net VEX-9-12-7-12-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI4.9552772

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$14.02$14.0069.7%20.0%21.1%10.0%0.0%0.2%-25.3%-781.6K-120.00141.81N/AN/A0034
2024-05-02$14.57$14.0072.1%20.7%24.9%10.9%0.0%0.3%-23.9%-731.1K-120.00142.44N/AN/A0034
2024-05-03$14.65$14.0074.5%21.4%24.7%11.8%0.0%2.4%-27.1%-721.0K-120.00142.73N/AN/A0034
2024-05-06$14.71$0.0081.4%12.8%24.3%14.3%0.0%1.7%-10.0%-74978-110.00173.37N/AN/A0034
2024-05-07$14.73$0.0085.4%13.1%24.2%15.8%0.0%2.9%-8.6%-73958-110.00173.64N/AN/A0034
2024-05-08$14.42$0.0088.2%13.7%25.2%16.8%0.0%2.1%-4.6%-811.3K-110.00174.98N/AN/A0034
2024-05-09$14.54$0.0097.2%13.7%25.2%20.2%0.0%1.2%-8.9%-761.2K-110.00174.47N/AN/A0034
2024-05-10$14.50$0.00109.1%14.3%22.7%24.6%0.0%1.0%-9.3%-811.2K-100.00172.99N/AN/A0034
2024-05-13$14.49$0.00140.1%15.2%22.2%36.1%0.0%1.0%-13.0%-791.2K-100.00173.75N/AN/A0034
2024-05-14$14.54$0.00153.7%14.7%20.7%41.2%0.0%1.1%-12.6%-801.2K-90.00174.44N/AN/A0034
2024-05-15$14.78$0.0047.7%13.7%21.1%1.8%0.0%1.8%-10.6%-78939-90.00171.73N/AN/A0034
2024-05-16$14.69$0.0047.1%13.5%21.2%1.6%0.0%1.8%54.2%-861.0K-80.00172.05N/AN/A0034
2024-05-17$14.77$0.0047.7%13.7%20.2%1.8%0.0%2.0%-8.4%-5-346-70.00171.66N/AN/A0034
2024-05-20$14.80$0.0049.9%14.3%20.2%2.6%0.0%2.1%-8.9%-5-353-70.00172.31N/AN/A0011
2024-05-21$14.70$0.0049.3%14.1%20.6%2.4%0.0%0.8%-8.5%-5-324-70.00172.35N/AN/A0011
2024-05-22$14.61$0.0053.2%15.3%20.9%3.9%0.0%1.7%-9.8%-4-297-70.00172.50N/AN/A0011
2024-05-23$14.51$0.0052.7%15.1%21.1%3.7%0.0%1.1%-9.8%-4-267-70.00170.14N/AN/A0011
2024-05-24$14.53$0.0056.0%16.0%19.3%4.9%0.0%1.5%-10.3%-4-273-70.00173.42N/AN/A0011
2024-05-28$14.72$0.0054.3%15.6%19.0%4.3%0.0%0.5%-15.3%-5-325-70.00171.23N/AN/A0011
2024-05-29$14.39$0.0062.4%17.9%20.6%7.3%0.0%1.4%-16.4%-4-228-70.00171.93N/AN/A0011
2024-05-30$14.32$0.0064.9%18.6%20.7%8.2%0.0%1.3%-20.3%-3-208-70.00172.37N/AN/A0011
2024-05-31$14.04$0.0061.7%17.7%16.6%7.0%0.0%1.4%-19.0%-2-125-70.00169.86N/AN/A0011