IYE Options History — February 2007

In February 2007, IYE traded between $32.81 and $34.15. ATM implied volatility averaged 20.6%. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 1.7% (HV 20d: 18.9%). Max pain ranged from $31.67 to $33.33. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.76.

Notable Days

  • 2007-02-20: Highest Volume — 2,136 contracts
  • 2007-02-27: Largest IV spike — 17.6% change
  • 2007-02-27: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.67$32.81$34.15$33.92$32.87
Max Pain$33.25$31.67$33.33$31.67$33.33
ATM IV20.6%19.1%23.6%20.2%22.1%
Expected Move6.0%5.5%6.8%5.8%6.3%
HV 20d18.9%13.7%23.3%23.3%18.6%
Term Structure0.1%-1.7%1.6%1.6%-0.4%
VWIV21.1%18.9%23.3%20.1%21.9%
Skew 25d2.3%1.2%4.9%2.0%2.9%
Skew 10d4.3%-1.2%9.3%8.1%5.4%
Call IV 25d19.9%17.0%23.2%18.9%22.0%
Put IV 25d22.1%19.4%28.1%20.8%24.9%
Bid-Ask Spread %25.418.3840.2321.2828.82
Gamma HHI0.370.280.530.280.36
Net GEX410.6K186.0K644.7K306.3K260.1K
Net DEX-7.0M-10.0M-1.6M-7.9M-2.7M
Net VEX-41.5K-45.4K-38.3K-38.6K-45.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.072.690.240.42
Total Volume485.8421112,136324357
Total OI11,971.1058,04914,25612,18310,473

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-02-01$33.92$31.6720.2%5.8%23.3%0.0%20.1%2.0%1.6%306.3K-7.9M-38.6K0.2421.28N/AN/A261637,5844,599
2007-02-02$34.01$33.3319.8%6.2%21.9%0.0%23.0%2.0%0.1%366.3K-8.7M-38.8K1.4813.11N/AN/A1502227,8094,626
2007-02-05$33.97$33.3320.4%6.3%21.9%0.0%22.2%2.2%0.1%371.5K-8.8M-39.2K1.1916.73N/AN/A81967,9534,677
2007-02-06$33.82$33.3319.9%6.3%22.0%0.0%21.6%2.6%-0.2%359.6K-8.2M-39.5K0.1114.44N/AN/A420458,0014,773
2007-02-07$33.63$33.3320.1%6.2%21.8%0.0%21.4%2.5%0.3%398.8K-7.5M-40.1K0.6833.43N/AN/A66458,2384,776
2007-02-08$33.95$33.3321.8%6.2%20.6%0.0%21.7%2.3%0.2%418.6K-8.7M-39.9K0.8521.71N/AN/A1771508,2504,809
2007-02-09$33.82$33.3321.8%6.3%20.4%0.0%21.8%1.9%0.3%408.0K-8.2M-39.9K1.1720.90N/AN/A871028,2684,875
2007-02-12$33.41$33.3321.9%6.3%19.3%0.0%22.0%2.8%-0.3%413.6K-6.6M-38.3K0.1020.04N/AN/A549548,2834,908
2007-02-13$33.82$33.3321.1%6.1%19.0%0.0%20.7%2.0%0.1%482.3K-8.9M-39.8K0.1122.69N/AN/A783908,6554,875
2007-02-14$33.91$33.3320.9%6.0%18.8%0.0%20.9%2.1%0.5%540.0K-10.0M-43.2K0.5232.59N/AN/A174909,2404,920
2007-02-15$33.54$33.3320.8%6.0%19.1%0.0%22.5%1.8%0.4%644.7K-8.4M-42.4K0.7228.54N/AN/A87639,2734,983
2007-02-16$33.56$33.3320.2%5.8%17.0%0.0%20.4%1.2%0.6%638.8K-8.9M-41.3K0.0734.99N/AN/A444309,2344,968
2007-02-20$33.24$33.3319.7%5.6%17.3%0.0%19.6%1.5%0.3%330.3K-3.8M-39.2K2.6940.23N/AN/A5791,5575,2232,826
2007-02-21$33.57$33.3319.5%5.6%15.3%0.0%19.7%1.7%0.6%321.4K-4.3M-44.8K0.078.38N/AN/A267185,4814,341
2007-02-22$33.88$33.3319.1%5.5%15.6%0.0%18.9%2.2%0.3%415.7K-5.8M-44.1K0.1725.88N/AN/A420725,5954,347
2007-02-23$33.93$33.3319.2%5.5%13.7%0.0%18.9%3.0%0.1%443.2K-6.1M-45.4K2.0732.48N/AN/A2074295,7574,377
2007-02-26$34.15$33.3320.1%5.8%13.8%0.0%19.6%1.5%-0.1%496.1K-7.1M-44.2K0.6829.55N/AN/A2461685,8234,317
2007-02-27$32.81$33.3323.6%6.8%20.2%0.0%23.3%4.9%-1.7%186.0K-1.6M-44.7K1.0236.92N/AN/A2882945,8354,479
2007-02-28$32.87$33.3322.1%6.3%18.6%0.0%21.9%2.9%-0.4%260.1K-2.7M-45.3K0.4228.82N/AN/A2521056,0214,452