IPOS Options History — August 2025

In August 2025, IPOS traded between $15.25 and $16.40. ATM implied volatility averaged 52.6%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 28.4% (HV 20d: 24.2%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-08-13: Highest Volume — 1 contracts
  • 2025-08-11: Largest IV spike — 114.3% change
  • 2025-08-12: Highest IV Rank — 57.2%
  • 2025-08-29: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.93$15.25$16.40$15.39$16.12
ATM IV52.6%30.4%126.0%40.4%48.0%
Expected Move11.7%10.2%13.8%11.6%13.8%
HV 20d24.2%20.0%27.6%24.2%21.0%
HV 60d24.7%23.9%25.2%24.1%23.9%
IV Rank15.9%3.4%57.2%9.0%13.3%
IV Percentile24.2%0.8%95.6%4.8%20.2%
Term Structure-8.3%-16.9%-4.5%-16.9%-13.3%
Skew 25d0.9%-25.8%9.0%-25.8%0.8%
Skew 10d11.7%-3.5%41.6%-3.5%6.4%
Call IV 25d48.6%42.7%65.6%65.6%56.3%
Put IV 25d49.5%39.8%57.1%39.8%57.1%
Bid-Ask Spread %163.39143.59166.27143.59161.83
Gamma HHI0.960.911.001.000.91
Net GEX505367649424473
Net DEX-7.0K-9.2K-4.5K-4.5K-8.4K
Net VEX-44-48-39-41-47
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950100
Total OI10.57110111011

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$15.39$0.0040.4%11.6%24.2%9.0%0.0%-25.8%-16.9%424-4.5K-410.00143.59N/AN/A00100
2025-08-04$15.25$0.0063.1%11.2%24.4%21.8%0.0%3.5%-7.6%367-4.5K-390.00164.77N/AN/A00100
2025-08-05$15.69$0.0065.5%10.7%26.1%23.2%0.0%4.5%-5.4%493-5.0K-400.00163.41N/AN/A00100
2025-08-06$15.60$0.0069.1%10.8%25.7%25.1%0.0%1.8%-6.1%440-5.2K-420.00166.25N/AN/A00100
2025-08-07$15.93$0.0030.4%10.2%26.6%3.4%0.0%2.7%-4.7%496-6.1K-440.00166.27N/AN/A00100
2025-08-08$15.63$0.0053.7%10.5%27.6%16.5%0.0%1.6%-6.2%414-5.5K-440.00165.93N/AN/A00100
2025-08-11$15.47$0.00115.0%12.6%27.0%51.0%0.0%1.5%-11.7%386-5.2K-410.00165.58N/AN/A00100
2025-08-12$15.45$0.00126.0%12.2%25.1%57.2%0.0%0.4%-11.3%390-5.0K-410.00164.90N/AN/A00100
2025-08-13$15.65$0.0037.9%10.9%25.3%7.6%0.0%0.6%-9.5%397-5.7K-430.00166.25N/AN/A10100
2025-08-14$15.90$0.0038.2%11.0%25.8%7.8%0.0%1.6%-6.2%507-7.4K-450.00164.65N/AN/A00110
2025-08-15$16.12$0.0039.1%11.2%25.3%8.3%0.0%2.4%-7.3%561-8.1K-470.00164.68N/AN/A00110
2025-08-18$16.20$0.0039.4%11.3%25.2%8.4%0.0%1.2%-5.7%630-8.2K-470.00164.29N/AN/A00110
2025-08-19$16.34$0.0039.1%11.2%24.7%8.3%0.0%2.0%-4.5%649-8.8K-480.00164.15N/AN/A00110
2025-08-20$16.09$0.0041.6%11.9%25.2%9.7%0.0%2.3%-6.9%549-8.0K-460.00165.14N/AN/A00110
2025-08-21$16.10$0.0040.9%11.7%25.0%9.3%0.0%2.4%-7.2%551-8.0K-460.00165.57N/AN/A00110
2025-08-22$16.29$0.0041.2%11.8%23.2%9.5%0.0%0.3%-7.6%512-9.0K-470.00164.26N/AN/A10110
2025-08-25$16.30$0.0042.9%12.3%20.7%10.4%0.0%9.0%-8.6%611-8.7K-470.00158.84N/AN/A00110
2025-08-26$16.36$0.0043.6%12.5%20.0%10.8%0.0%2.2%-8.8%595-9.0K-470.00163.01N/AN/A00110
2025-08-27$16.22$0.0044.1%12.6%20.3%11.1%0.0%1.6%-8.7%578-8.4K-450.00163.91N/AN/A00110
2025-08-28$16.40$0.0046.2%13.3%20.0%12.3%0.0%2.4%-10.3%590-9.2K-460.00164.00N/AN/A00110
2025-08-29$16.12$0.0048.0%13.8%21.0%13.3%0.0%0.8%-13.3%473-8.4K-470.00161.83N/AN/A00110