IT Options History — April 2024

In April 2024, IT traded between $413.91 and $477.39. ATM implied volatility averaged 32.0%, placing in the 49.7% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 11.7% (HV 20d: 20.3%). Max pain ranged from $470.00 to $490.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 5.65.

Notable Days

  • 2024-04-30: Highest Volume — 893 contracts
  • 2024-04-10: Largest IV spike — 45.7% change
  • 2024-04-29: Highest IV Rank — 87.5%
  • 2024-04-29: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$457.76$413.91$477.39$476.75$413.91
Max Pain$477.27$470.00$490.00$470.00$470.00
ATM IV32.0%20.4%44.3%20.4%24.4%
Expected Move9.7%5.8%12.7%5.8%7.0%
HV 20d20.3%15.9%33.4%19.2%33.4%
HV 60d21.7%20.4%26.6%20.4%26.6%
IV Rank49.7%14.2%87.5%14.2%26.5%
IV Percentile77.2%35.7%99.6%35.7%68.3%
Term Structure-4.5%-13.8%10.3%9.7%-2.8%
VWIV34.1%20.6%46.6%20.6%21.9%
Skew 25d1.9%0.8%3.5%1.1%2.0%
Skew 10d3.0%-4.2%10.3%6.2%2.9%
Call IV 25d33.3%21.0%43.3%21.1%24.1%
Put IV 25d35.2%21.8%46.8%22.2%26.1%
Bid-Ask Spread %76.1968.0090.1089.5984.60
Gamma HHI0.310.130.770.190.41
Net GEX-424.5K-3.4M739.6K564.7K-3.3M
Net DEX-1.1M-16.1M49.6M-15.6M49.6M
Net VEX-75.9K-116.6K-52.5K-55.5K-92.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.650.0964.172.202.16
Total Volume176.091389316893
Total OI1,848.3181,1953,0521,1953,052

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$476.75$470.0020.4%5.8%19.2%14.2%20.6%1.1%9.7%564.7K-15.6M-55.5K2.2089.59511782413
2024-04-02$469.81$470.0020.6%5.9%19.9%15.1%21.1%0.8%10.3%454.0K-13.3M-54.6K2.4790.101537786421
2024-04-03$473.64$470.0021.2%6.1%17.9%16.7%20.8%1.2%10.0%458.7K-14.4M-54.6K0.2089.57153801441
2024-04-04$465.29$490.0022.1%9.0%17.2%19.6%32.6%0.8%-3.8%301.9K-11.0M-54.8K1.0075.491414803444
2024-04-05$471.05$490.0021.9%9.1%17.7%19.0%0.0%1.5%-4.0%432.8K-13.4M-57.3K6.6071.21533811452
2024-04-08$472.38$490.0022.2%9.2%17.0%19.9%31.9%1.7%-4.6%421.0K-13.6M-52.5K1.2968.002836816465
2024-04-09$468.93$490.0021.8%9.2%17.2%18.5%0.0%2.9%-4.8%355.8K-12.1M-55.9K0.5070.9521837480
2024-04-10$464.85$490.0031.8%9.1%15.9%49.1%31.4%1.8%-4.5%284.1K-10.6M-53.6K0.2476.614110836481
2024-04-11$477.39$480.0032.0%9.2%18.7%49.8%31.3%0.9%-4.9%572.2K-16.1M-54.7K0.1473.6127037875486
2024-04-12$465.21$480.0033.3%9.5%20.4%53.6%32.7%2.4%-5.3%627.2K-12.5M-60.5K0.1275.99131161,037489
2024-04-15$465.08$480.0036.1%10.3%20.4%62.2%36.5%1.7%-5.8%739.6K-14.0M-64.0K1.0571.3141431,156489
2024-04-16$458.32$480.0037.8%10.8%20.0%67.6%39.6%2.8%-7.2%503.2K-9.5M-61.9K64.1774.40127701,150513
2024-04-17$450.70$480.0038.0%10.9%20.7%68.2%37.9%2.0%-6.7%-957.8K7.7M-97.3K2.2174.2114311,1501,325
2024-04-18$449.19$480.0038.2%11.0%20.5%68.9%38.0%2.8%-7.3%-983.6K10.0M-96.9K0.9574.0956531,1571,350
2024-04-19$439.75$470.0038.7%11.1%20.7%70.3%38.8%1.7%-7.1%-3.4M17.5M-92.5K6.0075.387421,1641,378
2024-04-22$444.26$470.0039.0%11.2%21.3%71.2%40.5%3.3%-8.3%-933.5K8.0M-92.2K2.1672.57491069091,159
2024-04-23$450.94$470.0038.4%11.0%22.0%69.3%37.2%2.1%-8.7%-884.8K4.8M-94.5K0.0976.243239401,227
2024-04-24$450.22$470.0039.5%11.3%21.8%72.8%40.1%1.7%-9.4%-835.0K5.0M-96.4K2.2372.7722499531,229
2024-04-25$447.00$470.0040.6%11.6%21.2%76.1%40.9%0.9%-10.3%-1.1M6.8M-103.5K12.2773.20111359771,298
2024-04-26$449.74$470.0040.8%11.7%21.4%76.8%42.2%2.1%-10.5%-1.1M8.4M-107.7K9.3274.12373459851,416
2024-04-29$446.42$470.0044.3%12.7%21.5%87.5%46.6%3.5%-13.8%-1.6M13.8M-116.6K6.9872.28503499971,733
2024-04-30$413.91$470.0024.4%7.0%33.4%26.5%21.9%2.0%-2.8%-3.3M49.6M-92.6K2.1684.602836101,0162,036