IPOS Options History — October 2025

In October 2025, IPOS traded between $16.68 and $18.14. ATM implied volatility averaged 52.2%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 23.7% (HV 20d: 28.5%). Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-10-02: Highest Volume — 18 contracts
  • 2025-10-24: Largest IV spike — 70.3% change
  • 2025-10-14: Highest IV Rank — 42.0%
  • 2025-10-24: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.40$16.68$18.14$17.50$17.42
ATM IV52.2%39.5%99.1%48.0%46.0%
Expected Move12.0%9.6%19.4%13.8%13.2%
HV 20d28.5%25.6%31.5%26.9%28.9%
HV 60d24.8%23.3%25.7%23.8%24.9%
IV Rank15.6%8.5%42.0%13.3%12.2%
IV Percentile32.4%8.7%92.1%26.6%26.6%
Term Structure-9.0%-18.2%-2.5%-11.9%-10.8%
VWIV60.1%60.1%60.1%60.1%60.1%
Skew 25d2.5%0.2%5.6%1.4%0.8%
Skew 10d6.6%3.3%31.3%8.0%4.6%
Call IV 25d48.7%38.2%85.5%57.6%53.0%
Put IV 25d51.1%39.9%88.7%59.0%53.8%
Bid-Ask Spread %145.69137.83159.58159.58142.91
Gamma HHI0.600.490.760.740.59
Net GEX1.1K7701.3K1.1K910
Net DEX-33.5K-39.3K-25.9K-37.5K-33.2K
Net VEX-86-95-67-75-94
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.91301800
Total OI28.39127312731

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$17.50$0.0048.0%13.8%26.9%13.3%0.0%1.4%-11.9%1.1K-37.5K-750.00159.58N/AN/A00270
2025-10-02$17.82$0.0046.6%13.3%26.9%12.5%60.1%0.2%-15.2%962-38.8K-750.00157.81N/AN/A180270
2025-10-03$17.94$0.0048.1%13.8%25.7%13.3%0.0%0.3%-18.2%879-38.6K-790.00157.74N/AN/A00270
2025-10-06$18.14$0.0051.9%9.8%25.6%15.5%0.0%1.7%-6.1%770-38.4K-840.00144.89N/AN/A00270
2025-10-07$17.74$0.0056.0%9.6%27.0%17.8%0.0%1.0%-6.4%1.0K-39.3K-670.00144.02N/AN/A00270
2025-10-08$17.80$0.0056.8%9.8%27.0%18.2%0.0%2.0%-6.9%986-39.0K-720.00145.27N/AN/A00270
2025-10-09$17.45$0.0064.5%10.4%26.1%22.6%0.0%1.8%-17.4%1.1K-36.3K-760.00142.66N/AN/A00270
2025-10-10$16.68$0.0062.8%9.6%30.8%21.6%0.0%0.5%-6.6%1.1K-25.9K-920.00137.83N/AN/A00270
2025-10-13$16.99$0.0091.6%11.2%31.5%37.8%0.0%3.4%-6.8%1.1K-27.9K-890.00145.15N/AN/A00270
2025-10-14$17.10$0.0099.1%10.8%30.1%42.0%0.0%5.3%-2.5%1.1K-28.9K-840.00143.38N/AN/A10270
2025-10-15$16.97$0.0039.5%11.3%29.2%8.5%0.0%2.5%-8.3%1.1K-28.7K-950.00144.28N/AN/A00280
2025-10-16$17.20$0.0041.4%11.9%29.6%9.6%0.0%4.3%-6.3%1.1K-32.2K-930.00144.41N/AN/A01280
2025-10-17$17.26$0.0040.7%11.7%28.4%9.2%0.0%5.6%-6.4%1.2K-31.6K-900.00144.66N/AN/A00281
2025-10-20$17.45$0.0039.7%11.4%28.5%8.6%0.0%4.4%-4.8%1.1K-33.7K-890.00142.91N/AN/A00281
2025-10-21$16.98$0.0041.2%11.8%29.6%9.5%0.0%4.2%-7.2%1.1K-30.2K-940.00144.22N/AN/A00281
2025-10-22$16.94$0.0040.6%11.6%28.9%9.1%0.0%2.6%-9.2%1.1K-29.8K-930.00142.91N/AN/A00281
2025-10-23$17.16$0.0039.7%11.4%28.8%8.6%0.0%2.3%-5.2%1.3K-30.5K-870.00145.09N/AN/A00282
2025-10-24$17.64$0.0067.5%19.4%29.4%24.3%0.0%3.1%-12.6%1.2K-35.2K-820.00150.13N/AN/A00282
2025-10-27$17.46$0.0043.5%12.5%29.4%10.7%0.0%2.3%-8.4%996-33.7K-910.00142.64N/AN/A00282
2025-10-28$17.41$0.0044.5%12.8%28.6%11.3%0.0%2.4%-8.8%1.0K-32.9K-930.00142.86N/AN/A00282
2025-10-29$17.70$0.0041.9%12.0%28.8%9.8%0.0%2.6%-8.3%1.0K-35.0K-860.00141.78N/AN/A00282
2025-10-30$17.34$0.0048.1%13.8%28.9%13.4%0.0%1.9%-11.5%968-33.8K-900.00143.79N/AN/A01282
2025-10-31$17.42$0.0046.0%13.2%28.9%12.2%0.0%0.8%-10.8%910-33.2K-940.00142.91N/AN/A00283