IYE Options History — December 2018

In December 2018, IYE traded between $29.36 and $36.94. ATM implied volatility averaged 32.0%, placing in the 79.3% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 1.6% (HV 20d: 30.5%). Max pain ranged from $33.00 to $37.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.49.

Notable Days

2018-12-14: Highest Volume — 160 contracts
2018-12-10: Largest IV spike — 20.2% change
2018-12-24: Highest IV Rank — 100.0%
2018-12-24: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.14	$29.36	$36.94	$36.94	$31.16
Max Pain	$35.50	$33.00	$37.00	$37.00	$33.00
ATM IV	32.0%	24.9%	41.2%	24.9%	31.7%
Expected Move	8.9%	7.1%	11.8%	7.1%	9.1%
HV 20d	30.5%	27.5%	35.4%	29.2%	34.5%
HV 60d	26.3%	23.9%	29.5%	23.9%	29.5%
IV Rank	79.3%	56.6%	100.0%	56.6%	66.7%
IV Percentile	95.3%	84.9%	100.0%	87.3%	93.7%
Term Structure	-3.2%	-7.7%	-0.0%	-3.0%	-1.4%
VWIV	29.9%	22.4%	37.3%	29.4%	27.3%
Skew 25d	5.2%	1.3%	10.5%	5.2%	1.9%
Skew 10d	9.7%	-1.7%	22.9%	5.5%	21.6%
Call IV 25d	28.8%	23.2%	35.3%	23.2%	32.9%
Put IV 25d	34.0%	27.4%	44.2%	28.3%	34.8%
Bid-Ask Spread %	85.63	79.17	100.90	84.02	84.51
Gamma HHI	0.20	0.16	0.23	0.21	0.20
Net GEX	6.3K	1.9K	10.6K	7.1K	9.1K
Net DEX	193.7K	-110.3K	346.5K	-110.3K	162.5K
Net VEX	-1.7K	-2.5K	-1.1K	-2.5K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.49	0.00	1.28	0.55	0.37
Total Volume	77.15	17	160	17	20
Total OI	641.6	580	753	580	669

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-12-03	$36.94	$37.00	24.9%	7.1%	29.2%	56.6%	0.0%	5.2%	-3.0%	7.1K	-110.3K	-2.5K	0.55	84.02	N/A	N/A	11	6	401	179
2018-12-04	$35.95	$37.00	29.1%	8.4%	30.0%	72.9%	29.4%	3.9%	-3.7%	4.1K	39.0K	-2.3K	0.82	79.17	N/A	N/A	11	9	400	185
2018-12-05	$35.91	$37.00	32.1%	9.2%	30.0%	84.2%	29.0%	7.9%	-5.5%	3.2K	62.3K	-2.3K	0.82	81.71	N/A	N/A	11	9	400	185
2018-12-06	$35.16	$37.00	32.1%	7.8%	29.5%	84.0%	26.9%	3.4%	-2.2%	1.9K	164.9K	-2.2K	0.17	84.48	N/A	N/A	18	3	400	187
2018-12-07	$35.61	$37.00	29.1%	7.5%	29.1%	72.7%	25.2%	6.8%	-2.5%	2.0K	63.8K	-2.3K	0.34	82.45	N/A	N/A	29	10	407	188
2018-12-10	$34.45	$37.00	35.0%	8.3%	30.9%	95.0%	0.0%	1.3%	-1.7%	3.8K	234.3K	-1.9K	0.00	81.22	N/A	N/A	64	0	409	188
2018-12-11	$34.47	$37.00	31.8%	8.1%	29.9%	83.0%	0.0%	4.7%	-1.9%	10.2K	219.4K	-1.9K	0.00	80.84	N/A	N/A	65	0	438	188
2018-12-12	$34.70	$37.00	26.6%	7.6%	28.7%	63.0%	0.0%	4.0%	-0.4%	10.5K	205.8K	-1.9K	0.03	84.67	N/A	N/A	65	2	438	190
2018-12-13	$34.66	$37.00	25.1%	7.2%	28.7%	57.4%	0.0%	3.6%	-0.7%	10.6K	233.6K	-1.8K	0.03	84.56	N/A	N/A	65	2	439	190
2018-12-14	$33.68	$37.00	26.9%	7.7%	29.7%	64.3%	26.9%	3.8%	-0.0%	8.7K	311.4K	-1.6K	0.19	87.61	N/A	N/A	135	25	439	190
2018-12-17	$32.74	$35.00	31.1%	8.9%	30.2%	80.2%	27.7%	2.2%	-4.9%	9.8K	346.5K	-1.7K	0.00	91.46	N/A	N/A	58	0	499	212
2018-12-18	$32.25	$35.00	32.8%	9.4%	30.4%	85.2%	30.9%	5.5%	-3.6%	9.1K	179.7K	-1.5K	1.06	80.09	N/A	N/A	48	51	517	145
2018-12-19	$31.68	$35.00	30.4%	8.7%	29.4%	75.1%	22.4%	1.6%	-7.7%	5.2K	241.6K	-1.6K	1.02	100.90	N/A	N/A	50	51	532	175
2018-12-20	$30.77	$35.00	34.4%	9.9%	29.1%	92.0%	29.6%	9.6%	-6.2%	3.2K	335.3K	-1.2K	1.19	90.42	N/A	N/A	73	87	534	174
2018-12-21	$30.44	$34.00	35.8%	10.2%	27.5%	97.7%	29.9%	8.6%	-5.1%	3.2K	342.9K	-1.3K	1.28	86.31	N/A	N/A	68	87	559	194
2018-12-24	$29.36	$34.00	41.2%	11.8%	28.1%	100.0%	37.3%	10.5%	-5.4%	2.2K	303.0K	-1.1K	0.91	93.76	N/A	N/A	32	29	460	168
2018-12-26	$30.89	$33.00	37.9%	10.9%	35.4%	88.5%	36.9%	7.4%	-3.5%	5.7K	213.7K	-1.4K	0.27	84.58	N/A	N/A	77	21	476	169
2018-12-27	$31.07	$33.00	38.6%	11.1%	34.8%	91.1%	35.9%	5.7%	-2.4%	7.5K	162.1K	-1.5K	0.22	84.80	N/A	N/A	97	21	479	170
2018-12-28	$30.95	$33.00	34.5%	9.9%	34.1%	76.6%	32.6%	6.5%	-1.6%	8.3K	162.3K	-1.4K	0.37	85.07	N/A	N/A	97	36	489	170
2018-12-31	$31.16	$33.00	31.7%	9.1%	34.5%	66.7%	27.3%	1.9%	-1.4%	9.1K	162.5K	-1.4K	0.00	84.51	N/A	N/A	0	20	499	170