IPOS Options History — May 2025

In May 2025, IPOS traded between $13.36 and $14.25. ATM implied volatility averaged 58.1%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 26.3% (HV 20d: 31.7%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2025-05-14: Largest IV drop — 60.4% change
  • 2025-05-12: Highest IV Rank — 38.8%
  • 2025-05-02: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.85$13.36$14.25$13.36$14.20
ATM IV58.1%36.0%107.4%64.3%42.5%
Expected Move12.7%10.0%18.5%18.4%12.2%
HV 20d31.7%18.3%60.7%60.2%18.5%
HV 60d40.5%38.4%41.3%40.5%38.4%
IV Rank11.0%0.0%38.8%11.1%3.9%
IV Percentile30.0%0.0%90.5%43.7%2.4%
Term Structure-9.0%-20.6%-4.6%-18.9%-10.1%
Skew 25d2.5%0.9%4.5%1.3%2.3%
Skew 10d5.9%-7.5%10.2%6.4%4.1%
Call IV 25d52.7%41.7%78.2%78.2%50.2%
Put IV 25d55.1%42.8%81.2%79.5%52.5%
Bid-Ask Spread %156.62148.57162.32154.53149.09
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
2025-05-01$13.36$0.0064.3%18.4%60.2%11.1%0.0%1.3%-18.9%0000.00154.53N/AN/A0000
2025-05-02$13.70$0.0064.6%18.5%60.7%11.3%0.0%3.9%-20.6%0000.00156.10N/AN/A0000
2025-05-05$13.74$0.0070.2%12.6%47.2%14.9%0.0%4.2%-8.8%0000.00162.32N/AN/A0000
2025-05-06$13.73$0.0072.3%12.6%38.9%16.2%0.0%4.0%-8.3%0000.00161.39N/AN/A0000
2025-05-07$13.53$0.0077.6%13.0%38.9%19.7%0.0%3.4%-7.7%0000.00161.20N/AN/A0000
2025-05-08$13.76$0.0080.7%12.7%33.7%21.7%0.0%4.5%-7.4%0000.00162.04N/AN/A0000
2025-05-09$13.70$0.0086.4%12.6%34.0%25.3%0.0%2.8%-7.1%0000.00160.87N/AN/A0000
2025-05-12$13.84$0.00107.4%12.5%32.1%38.8%0.0%3.1%-8.9%0000.00161.41N/AN/A0000
2025-05-13$13.71$0.0091.5%10.0%31.0%28.6%0.0%1.0%-4.6%0000.00152.28N/AN/A0000
2025-05-14$13.70$0.0036.2%10.4%30.9%0.0%0.0%0.9%-7.3%0000.00151.89N/AN/A0000
2025-05-15$13.70$0.0036.0%10.3%29.3%0.0%0.0%2.2%-6.7%0000.00152.04N/AN/A0000
2025-05-16$13.70$0.0036.5%10.5%29.3%0.3%0.0%1.0%-5.9%0000.00151.66N/AN/A0000
2025-05-19$13.87$0.0046.4%13.3%29.3%6.3%0.0%1.7%-7.5%0000.00161.20N/AN/A0000
2025-05-20$14.13$0.0045.9%13.2%22.6%6.0%0.0%2.9%-6.8%0000.00161.31N/AN/A0000
2025-05-21$13.87$0.0046.4%13.3%23.9%6.2%0.0%1.2%-9.5%0000.00161.44N/AN/A0000
2025-05-22$13.87$0.0038.3%11.0%22.4%1.4%0.0%1.9%-7.7%0000.00150.94N/AN/A0000
2025-05-23$14.18$0.0045.8%13.1%23.4%5.9%0.0%3.3%-7.8%0000.00160.25N/AN/A0000
2025-05-27$14.14$0.0039.0%11.2%22.6%1.8%0.0%1.7%-8.1%0000.00148.57N/AN/A0000
2025-05-28$14.14$0.0039.9%11.4%18.8%2.3%0.0%2.9%-8.1%0000.00150.29N/AN/A0000
2025-05-29$14.25$0.0051.4%14.7%18.3%9.3%0.0%2.1%-10.4%0000.00158.13N/AN/A0000
2025-05-30$14.20$0.0042.5%12.2%18.5%3.9%0.0%2.3%-10.1%0000.00149.09N/AN/A0000