IYE Options History — April 2020

In April 2020, IYE traded between $14.49 and $20.46. ATM implied volatility averaged 69.8%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 19.2%. IV traded below realized volatility by 21.0% (HV 20d: 90.8%). Max pain ranged from $13.00 to $19.98. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 2.17.

Notable Days

  • 2020-04-20: Highest Volume — 114 contracts
  • 2020-04-08: Largest IV drop — 30.3% change
  • 2020-04-07: Highest IV Rank — 57.3%
  • 2020-04-01: Largest Expected Move — 26.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.59$14.49$20.46$14.49$20.04
Max Pain$15.52$13.00$19.98$19.98$17.00
ATM IV69.8%49.6%93.0%93.0%54.8%
Expected Move19.2%14.2%26.7%26.7%15.7%
HV 20d90.8%60.6%132.8%126.3%61.6%
HV 60d83.3%76.8%87.2%76.8%87.2%
IV Rank40.4%25.7%57.3%57.3%29.5%
IV Percentile90.3%83.3%96.4%96.4%85.3%
Term Structure-7.1%-21.5%18.5%-11.1%-2.4%
VWIV68.7%49.7%88.3%80.3%53.5%
Skew 25d21.7%4.9%47.4%47.4%23.5%
Skew 10d35.9%8.6%66.3%29.3%33.6%
Call IV 25d56.5%39.0%75.2%75.2%39.0%
Put IV 25d78.1%52.8%122.6%122.6%62.4%
Bid-Ask Spread %89.4572.59108.7095.0892.26
Gamma HHI0.190.140.260.230.18
Net GEX4.4K-78512.1K-53312.1K
Net DEX-126.6K-468.5K80.0K80.0K-430.1K
Net VEX-973-1.6K-602-602-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.170.0029.000.170.09
Total Volume40.14331145512
Total OI641.19309790641612

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$14.49$19.9893.0%26.7%126.3%57.3%80.3%47.4%-11.1%-53380.0K-6020.1795.08N/AN/A478467174
2020-04-02$15.88$13.0086.9%21.7%132.8%52.9%88.3%25.0%-5.7%10012.5K-85029.0075.23N/AN/A258507179
2020-04-03$15.57$13.0090.4%22.0%132.2%55.4%0.0%36.2%-21.5%-78533.4K-8800.0091.57N/AN/A260509224
2020-04-06$16.45$13.0087.7%19.9%114.1%53.5%71.7%18.2%-14.2%185-9.1K-9151.6374.66N/AN/A813535223
2020-04-07$17.20$14.0093.0%21.8%115.0%57.3%0.0%22.4%-16.4%14-62.6K-1.0K0.0092.66N/AN/A320541236
2020-04-08$17.84$14.0064.8%18.6%114.2%36.8%0.0%17.8%-16.6%1.3K-82.5K-9080.0072.59N/AN/A120543236
2020-04-09$17.86$14.0066.2%19.0%103.0%37.8%75.4%11.7%-9.8%1.0K-105.0K-9530.5077.67N/AN/A21549236
2020-04-13$17.89$14.0064.9%18.6%102.8%36.9%59.7%10.2%-9.8%2.7K-102.8K-8780.0083.88N/AN/A170550237
2020-04-14$17.77$14.0066.1%19.0%99.7%37.8%67.3%10.5%-11.2%4.0K-81.2K-8680.00100.26N/AN/A1000547237
2020-04-15$16.95$14.0060.5%17.3%100.9%33.7%73.5%27.9%-1.2%1.5K-16.0K-6720.00108.70N/AN/A05538237
2020-04-16$16.31$15.0067.8%19.4%81.7%39.0%64.8%13.4%-15.5%3.8K2.8K-6280.2991.35N/AN/A247538242
2020-04-17$17.69$16.0063.6%18.2%83.0%36.0%70.4%25.6%-7.3%4.1K-46.6K-6710.9285.35N/AN/A1211541249
2020-04-20$17.39$16.0072.6%20.8%83.5%42.5%71.9%27.2%18.5%4.0K-114.2K-6940.1191.43N/AN/A1031123475
2020-04-21$17.20$17.0080.7%23.1%77.5%48.3%80.3%34.0%-16.2%4.3K-106.8K-8640.4093.81N/AN/A20828786
2020-04-22$17.72$17.0067.5%19.4%66.2%38.8%70.7%19.7%-4.7%5.3K-138.4K-8850.2397.20N/AN/A841930287
2020-04-23$18.31$17.0067.1%19.2%63.3%38.5%69.2%24.6%-1.9%8.6K-230.1K-1.2K9.5096.11N/AN/A219385105
2020-04-24$18.43$17.0059.4%17.0%63.2%32.9%71.5%20.2%0.9%8.2K-223.1K-1.2K0.1186.28N/AN/A465385124
2020-04-27$18.78$17.0054.1%15.5%60.8%29.0%56.9%18.8%-1.5%9.9K-266.5K-1.3K0.0090.86N/AN/A660430121
2020-04-28$19.07$17.0054.6%15.7%60.6%29.4%60.9%15.5%-2.5%10.6K-304.8K-1.4K0.2987.13N/AN/A3410436121
2020-04-29$20.46$17.0049.6%14.2%64.0%25.7%49.7%4.9%0.1%12.0K-468.5K-1.5K0.2794.37N/AN/A154469131
2020-04-30$20.04$17.0054.8%15.7%61.6%29.5%53.5%23.5%-2.4%12.1K-430.1K-1.6K0.0992.26N/AN/A111477135