IPOS Options History — April 2025

In April 2025, IPOS traded between $10.63 and $13.48. ATM implied volatility averaged 78.6%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 28.3% (HV 20d: 50.2%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2025-04-07: Largest IV spike — 46.2% change
  • 2025-04-07: Highest IV Rank — 91.3%
  • 2025-04-07: Largest Expected Move — 31.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.29$10.63$13.48$12.71$13.35
ATM IV78.6%56.3%188.7%64.0%62.3%
Expected Move19.0%13.0%31.5%13.0%17.9%
HV 20d50.2%24.0%60.2%25.9%60.2%
HV 60d35.4%22.9%40.8%23.3%40.7%
IV Rank20.3%5.9%91.3%10.9%9.8%
IV Percentile44.7%13.1%98.8%40.9%35.7%
Term Structure-15.2%-33.5%56.4%-20.4%-17.8%
Skew 25d2.0%-13.6%8.6%1.7%1.5%
Skew 10d6.9%-10.9%19.6%8.4%6.1%
Call IV 25d75.9%53.0%125.0%80.2%76.0%
Put IV 25d77.9%41.8%133.6%81.9%77.6%
Bid-Ask Spread %160.78152.98179.17161.28154.02
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$12.71$0.0064.0%13.0%25.9%10.9%0.0%1.7%-20.4%0000.00161.28N/AN/A0000
2025-04-02$12.69$0.0066.1%13.1%24.0%12.2%0.0%-11.2%-11.1%0000.00162.25N/AN/A0000
2025-04-03$12.69$0.0096.2%18.3%24.0%31.6%0.0%1.9%-16.0%0000.00174.79N/AN/A0000
2025-04-04$11.50$0.00129.1%23.5%41.8%52.9%0.0%4.2%-21.6%0000.00172.88N/AN/A0000
2025-04-07$10.79$0.00188.7%31.5%45.6%91.3%0.0%8.6%-33.5%0000.00178.98N/AN/A0000
2025-04-08$10.63$0.00150.3%25.0%45.4%66.6%0.0%5.8%-24.7%0000.00165.91N/AN/A0000
2025-04-09$11.34$0.00101.2%29.0%51.5%34.9%0.0%8.2%-20.5%0000.00179.17N/AN/A0000
2025-04-10$11.43$0.0085.3%24.5%51.6%24.6%0.0%5.3%-26.1%0000.00167.84N/AN/A0000
2025-04-11$11.89$0.0058.8%16.9%52.9%7.5%0.0%5.0%-19.3%0000.00155.72N/AN/A0000
2025-04-14$12.31$0.0061.1%17.5%54.9%9.0%0.0%2.3%-19.3%0000.00155.54N/AN/A0000
2025-04-15$12.29$0.0059.4%17.0%54.9%7.9%0.0%2.4%-19.5%0000.00156.43N/AN/A0000
2025-04-16$12.02$0.0057.6%16.5%55.2%6.8%0.0%2.8%-18.6%0000.00155.65N/AN/A0000
2025-04-17$12.11$0.0059.3%17.0%55.0%7.8%0.0%1.6%56.4%0000.00156.01N/AN/A0000
2025-04-21$12.09$0.0061.9%17.7%55.0%9.5%0.0%1.5%-15.3%0000.00153.47N/AN/A0000
2025-04-22$12.82$0.0056.9%16.3%59.3%6.3%0.0%5.1%-15.4%0000.00156.05N/AN/A0000
2025-04-23$12.77$0.0056.3%16.1%59.1%5.9%0.0%1.7%-14.7%0000.00153.49N/AN/A0000
2025-04-24$13.11$0.0056.8%16.3%59.9%6.2%0.0%3.6%-13.2%0000.00155.93N/AN/A0000
2025-04-25$13.17$0.0056.9%16.3%59.9%6.3%0.0%-13.6%-12.4%0000.00153.40N/AN/A0000
2025-04-28$12.98$0.0061.0%17.5%58.8%8.9%0.0%1.3%-18.8%0000.00154.58N/AN/A0000
2025-04-29$13.48$0.0060.9%17.5%60.1%8.9%0.0%1.9%-16.8%0000.00152.98N/AN/A0000
2025-04-30$13.35$0.0062.3%17.9%60.2%9.8%0.0%1.5%-17.8%0000.00154.02N/AN/A0000