IYE Options History — March 2023

In March 2023, IYE traded between $40.66 and $46.22. ATM implied volatility averaged 32.8%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 3.0% (HV 20d: 29.7%). Max pain ranged from $41.00 to $47.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 4.29.

Notable Days

  • 2023-03-21: Highest Volume — 128 contracts
  • 2023-03-13: Largest IV spike — 38.8% change
  • 2023-03-13: Highest IV Rank — 99.4%
  • 2023-03-16: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.26$40.66$46.22$45.34$43.67
Max Pain$43.26$41.00$47.00$47.00$43.00
ATM IV32.8%24.5%54.6%28.0%27.0%
Expected Move8.8%7.0%10.9%8.0%7.7%
HV 20d29.7%22.8%34.1%29.6%33.3%
HV 60d28.1%26.5%29.9%27.8%28.3%
IV Rank27.3%0.0%99.4%10.8%8.3%
IV Percentile28.5%0.0%99.6%5.6%2.0%
Term Structure0.6%-1.6%2.9%0.4%1.4%
VWIV28.9%19.3%37.9%27.8%28.9%
Skew 25d6.5%1.8%14.2%5.5%6.5%
Skew 10d15.0%-0.8%31.4%15.1%12.5%
Call IV 25d26.8%20.3%38.9%24.3%20.3%
Put IV 25d33.3%26.7%41.2%29.8%26.9%
Bid-Ask Spread %87.0872.73102.2189.8695.01
Gamma HHI0.170.090.360.160.15
Net GEX6.8K-29.4K25.8K4.8K25.8K
Net DEX26.4K-247.2K280.9K22.0K-247.2K
Net VEX-1.9K-3.5K-957-1.6K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.290.0083.000.002.00
Total Volume28.4780128815
Total OI435.652259613376613

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$45.34$47.0028.0%8.0%29.6%10.8%27.8%5.5%0.4%4.8K22.0K-1.6K0.0089.86N/AN/A80227149
2023-03-02$45.70$47.0027.3%7.8%29.7%8.4%27.3%8.0%2.9%8.7K-31.9K-1.6K0.00102.21N/AN/A30240149
2023-03-03$46.22$46.0024.5%7.0%27.4%0.0%0.0%6.9%0.6%13.0K-126.0K-1.7K0.0091.11N/AN/A00241149
2023-03-06$46.19$44.0026.6%7.4%27.4%7.0%23.6%5.8%1.9%13.1K-101.7K-1.6K0.0078.63N/AN/A130241149
2023-03-07$45.47$44.0028.8%7.2%28.0%14.3%25.7%4.0%1.5%12.0K-36.4K-1.5K0.3183.77N/AN/A165251149
2023-03-08$44.91$44.0027.4%7.7%26.0%9.5%19.3%2.6%1.7%10.3K59.9K-1.5K0.0087.11N/AN/A10263154
2023-03-09$44.44$43.0029.3%8.7%26.2%16.1%0.0%1.8%0.1%10.0K46.6K-1.5K0.0096.21N/AN/A50264154
2023-03-10$43.53$43.0039.3%9.4%26.9%49.1%30.1%8.9%-0.8%4.7K145.3K-1.5K1.2090.45N/AN/A56269154
2023-03-13$42.91$43.0054.6%9.9%22.8%99.4%0.0%14.2%-0.2%2.1K146.0K-1.3K0.50101.37N/AN/A21267134
2023-03-14$43.06$43.0052.1%9.7%23.0%91.0%27.7%7.9%-1.5%9158.4K-1.2K0.0099.18N/AN/A70266134
2023-03-15$40.78$43.0036.0%10.3%28.8%38.0%36.2%2.3%0.1%-4.1K280.9K-1.0K0.0792.88N/AN/A141261134
2023-03-16$41.45$41.0038.1%10.9%29.8%45.0%35.3%9.1%1.0%-5.2K256.9K-1.0K83.0089.00N/AN/A183271135
2023-03-17$40.66$41.0035.4%10.1%30.1%35.9%37.9%5.9%-1.4%-29.4K242.9K-9572.2185.74N/AN/A1431271157
2023-03-20$41.53$41.0031.3%9.0%29.2%22.4%31.1%6.5%2.1%4.2K29.1K-1.0K0.0379.68N/AN/A68216792
2023-03-21$43.05$41.0029.7%8.5%32.4%17.2%29.7%6.1%2.2%16.6K-126.0K-1.4K0.8882.87N/AN/A686022194
2023-03-22$42.34$43.0031.0%8.9%32.6%21.7%0.0%5.0%0.1%8.1K-18.2K-2.0K0.0079.14N/AN/A110270154
2023-03-23$41.14$43.0034.1%9.8%32.7%31.7%22.2%7.2%-0.6%6.3K66.0K-2.0K2.6072.81N/AN/A3078283154
2023-03-24$41.20$43.0035.0%10.0%32.7%34.9%0.0%9.4%-1.6%2.7K158.6K-3.0K0.2972.97N/AN/A72289231
2023-03-27$42.16$43.0032.2%9.2%33.9%25.6%29.8%7.5%-0.0%6.0K45.6K-3.1K0.1372.73N/AN/A152295233
2023-03-28$42.59$43.0029.8%8.5%34.1%17.5%33.4%6.5%1.7%9.5K-22.4K-3.2K1.0075.48N/AN/A11306235
2023-03-29$43.28$43.0028.8%8.3%33.7%14.3%27.5%6.9%1.4%12.2K-99.7K-3.2K0.0086.23N/AN/A740306235
2023-03-30$43.41$43.0027.4%7.9%33.6%9.8%27.2%6.1%2.0%23.9K-241.1K-3.5K0.2598.35N/AN/A41374235
2023-03-31$43.67$43.0027.0%7.7%33.3%8.3%28.9%6.5%1.4%25.8K-247.2K-3.5K2.0095.01N/AN/A510377236