IYE Options History — May 2020

In May 2020, IYE traded between $18.78 and $20.98. ATM implied volatility averaged 47.4%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 9.0% (HV 20d: 56.5%). Max pain ranged from $15.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 1.05.

Notable Days

  • 2020-05-19: Highest Volume — 77 contracts
  • 2020-05-29: Largest IV spike — 29.8% change
  • 2020-05-04: Highest IV Rank — 34.6%
  • 2020-05-01: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.90$18.78$20.98$18.86$20.36
Max Pain$17.05$15.00$19.00$17.00$19.00
ATM IV47.4%33.2%61.7%59.9%43.1%
Expected Move13.3%9.5%17.2%17.2%12.4%
HV 20d56.5%49.3%60.6%60.6%51.8%
HV 60d88.9%87.4%90.5%87.4%89.5%
IV Rank24.2%13.9%34.6%33.2%21.1%
IV Percentile79.6%73.0%86.9%86.5%75.8%
Term Structure0.2%-5.9%9.5%-3.4%-5.9%
VWIV52.2%36.3%66.8%66.0%46.1%
Skew 25d13.6%0.5%26.2%12.8%8.4%
Skew 10d27.7%-6.1%49.1%32.1%-6.1%
Call IV 25d41.0%24.9%56.7%56.7%40.3%
Put IV 25d54.6%43.7%69.4%69.4%48.7%
Bid-Ask Spread %86.4031.31100.8989.9091.19
Gamma HHI0.220.180.410.190.19
Net GEX13.2K10.1K19.7K10.1K15.8K
Net DEX-394.8K-506.5K-301.4K-301.4K-417.9K
Net VEX-1.4K-1.6K-1.2K-1.3K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.005.000.510.00
Total Volume25.05277595
Total OI622.9537700562671

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$18.86$17.0059.9%17.2%60.6%33.2%66.0%12.8%-3.4%10.1K-301.4K-1.3K0.5189.90N/AN/A3920426136
2020-05-04$19.44$15.0061.7%15.9%60.1%34.6%66.4%19.2%2.2%10.2K-332.1K-1.3K0.5074.66N/AN/A105432156
2020-05-05$19.51$16.0056.7%15.7%57.8%31.0%66.8%13.8%5.2%10.5K-368.8K-1.4K0.3883.76N/AN/A135439161
2020-05-06$19.16$16.0057.0%14.3%56.9%31.2%61.1%13.2%2.9%10.4K-324.3K-1.3K0.6381.85N/AN/A1610448166
2020-05-07$19.51$17.0054.7%14.0%56.0%29.5%54.0%14.9%2.9%11.1K-361.6K-1.3K0.0089.57N/AN/A02450176
2020-05-08$20.34$17.0044.7%13.8%57.5%22.2%52.7%17.5%-0.3%11.7K-461.5K-1.2K3.6799.38N/AN/A311450177
2020-05-11$20.13$17.0048.6%13.0%57.8%25.1%55.2%14.2%-2.3%12.2K-448.4K-1.3K1.6789.29N/AN/A35451180
2020-05-12$19.79$17.0048.4%13.3%58.2%24.9%0.0%18.4%-2.2%11.7K-424.2K-1.2K0.2299.17N/AN/A276451175
2020-05-13$18.78$17.0047.3%13.6%58.8%24.1%58.4%16.1%9.5%11.5K-318.6K-1.3K0.18100.89N/AN/A397475178
2020-05-14$18.88$17.0050.7%14.5%56.5%26.6%58.7%15.5%0.0%13.4K-331.6K-1.4K1.2096.62N/AN/A56510183
2020-05-15$18.99$17.0049.9%14.3%49.3%26.0%48.4%20.4%0.3%19.7K-367.6K-1.4K0.00100.69N/AN/A20511189
2020-05-18$20.55$17.0043.7%12.5%55.4%21.5%52.6%26.2%-2.2%11.9K-353.5K-1.3K0.3188.45N/AN/A134415126
2020-05-19$20.04$17.0047.5%13.6%56.3%24.3%45.2%9.8%-0.8%10.4K-323.4K-1.4K0.1588.83N/AN/A6710414123
2020-05-20$20.70$17.0040.7%11.7%56.4%19.3%42.6%0.5%-0.3%13.1K-452.3K-1.6K0.0087.55N/AN/A520477133
2020-05-21$20.30$17.0043.5%12.5%56.4%21.3%44.1%10.9%-4.2%14.3K-427.6K-1.6K0.1786.25N/AN/A407491133
2020-05-22$20.20$17.0039.3%11.3%56.5%18.3%40.9%10.9%3.2%15.6K-407.7K-1.6K0.3382.41N/AN/A62498136
2020-05-26$20.91$18.0039.4%11.3%57.3%18.4%43.6%11.8%-2.7%16.2K-500.1K-1.5K5.0076.28N/AN/A210499137
2020-05-27$20.98$18.0038.5%11.0%57.2%17.7%36.3%8.6%0.9%17.3K-506.5K-1.4K0.0031.31N/AN/A130498136
2020-05-28$20.55$18.0033.2%9.5%52.3%13.9%46.1%9.5%1.7%16.8K-466.6K-1.5K5.0089.89N/AN/A630509142
2020-05-29$20.36$19.0043.1%12.4%51.8%21.1%0.0%8.4%-5.9%15.8K-417.9K-1.5K0.0091.19N/AN/A50513158