IPOS Options History — November 2025

In November 2025, IPOS traded between $15.80 and $17.45. ATM implied volatility averaged 52.6%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 29.3% (HV 20d: 23.3%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-11-06: Highest Volume — 1 contracts
  • 2025-11-28: Largest IV spike — 234.2% change
  • 2025-11-28: Highest IV Rank — 71.8%
  • 2025-11-28: Largest Expected Move — 43.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.74$15.80$17.45$17.45$16.63
ATM IV52.6%37.7%152.0%50.5%152.0%
Expected Move14.0%10.8%43.6%14.5%43.6%
HV 20d23.3%20.6%28.5%28.5%22.9%
HV 60d25.2%24.3%26.5%24.5%26.5%
IV Rank15.9%7.5%71.8%14.7%71.8%
IV Percentile31.8%4.8%98.8%32.5%98.8%
Term Structure-14.3%-54.6%-7.1%-13.3%-54.6%
Skew 25d4.9%1.3%34.9%2.6%34.9%
Skew 10d11.7%1.6%47.2%3.2%47.2%
Call IV 25d56.9%41.1%194.4%56.0%194.4%
Put IV 25d61.8%44.5%229.3%58.6%229.3%
Bid-Ask Spread %160.41142.91198.33142.91198.33
Gamma HHI0.530.460.620.570.61
Net GEX1.1K9421.3K9771.1K
Net DEX-25.8K-34.1K-16.4K-32.3K-23.9K
Net VEX-90-97-63-94-63
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2110100
Total OI32.36831343133

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$17.45$0.0050.5%14.5%28.5%14.7%0.0%2.6%-13.3%977-32.3K-940.00142.91N/AN/A00283
2025-11-04$17.42$0.0048.6%13.9%27.5%13.6%0.0%3.1%-10.2%958-34.1K-890.00143.33N/AN/A00283
2025-11-05$17.27$0.0050.5%14.5%27.6%14.7%0.0%5.1%-13.5%1.0K-30.0K-970.00143.78N/AN/A00283
2025-11-06$17.32$0.0052.1%10.8%26.7%15.6%0.0%3.4%-13.2%1.0K-31.6K-900.00162.05N/AN/A01283
2025-11-07$17.20$0.0053.3%11.0%21.1%16.2%0.0%3.1%-10.3%1.0K-29.1K-960.00165.18N/AN/A00284
2025-11-10$17.45$0.0059.2%11.1%20.7%19.6%0.0%1.5%-14.0%942-32.9K-890.00164.57N/AN/A00284
2025-11-11$17.38$0.0060.2%11.1%20.7%20.2%0.0%1.6%-15.4%958-32.1K-910.00164.12N/AN/A00284
2025-11-12$17.30$0.0038.4%11.0%20.6%7.9%0.0%3.3%-13.3%1.1K-30.7K-890.00163.92N/AN/A00284
2025-11-13$16.93$0.0037.7%10.8%21.5%7.5%0.0%2.3%-13.9%1.0K-27.2K-950.00164.58N/AN/A10284
2025-11-14$16.51$0.0039.1%11.2%23.1%8.3%0.0%2.1%-15.9%1.1K-24.9K-970.00161.36N/AN/A01294
2025-11-17$16.72$0.0042.1%12.1%23.2%10.0%0.0%3.8%-16.7%1.3K-24.9K-910.00161.64N/AN/A10295
2025-11-18$16.28$0.0044.6%12.8%23.1%11.4%0.0%2.8%-10.9%969-21.8K-970.00161.66N/AN/A00285
2025-11-19$16.27$0.0044.7%12.8%23.1%11.4%0.0%4.3%-12.3%972-21.8K-960.00161.90N/AN/A00285
2025-11-20$15.80$0.0042.7%12.2%24.3%10.3%0.0%1.3%-8.0%1.1K-16.4K-900.00154.65N/AN/A00285
2025-11-21$15.93$0.0044.7%12.8%21.8%11.5%0.0%3.2%-7.1%1.0K-18.2K-920.00156.18N/AN/A00285
2025-11-24$15.95$0.0046.6%13.4%21.8%12.5%0.0%5.8%-9.4%1.1K-17.7K-850.00158.86N/AN/A00285
2025-11-25$16.00$0.0047.5%13.6%22.0%13.0%0.0%3.4%-10.2%1.2K-18.1K-840.00159.32N/AN/A00285
2025-11-26$16.31$0.0045.5%13.0%22.4%11.9%0.0%5.2%-8.6%1.1K-21.9K-860.00159.43N/AN/A00285
2025-11-28$16.63$0.00152.0%43.6%22.9%71.8%0.0%34.9%-54.6%1.1K-23.9K-630.00198.33N/AN/A00285