IYE Options History — May 2023

In May 2023, IYE traded between $40.47 and $44.09. ATM implied volatility averaged 28.3%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 2.1% (HV 20d: 26.2%). Max pain ranged from $41.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2023-05-02: Highest Volume — 66 contracts
  • 2023-05-03: Largest IV spike — 28.9% change
  • 2023-05-04: Highest IV Rank — 36.5%
  • 2023-05-04: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.70$40.47$44.09$44.09$40.47
Max Pain$42.73$41.00$45.00$42.00$41.00
ATM IV28.3%23.7%32.0%23.9%28.9%
Expected Move8.2%6.8%9.4%6.9%8.3%
HV 20d26.2%21.1%28.8%26.0%21.1%
HV 60d29.1%28.2%30.3%28.7%28.3%
IV Rank26.2%13.6%36.5%14.1%28.0%
IV Percentile18.3%2.0%32.1%2.0%25.0%
Term Structure0.5%-2.0%6.3%2.2%-0.8%
VWIV24.5%15.8%31.3%22.2%27.8%
Skew 25d5.0%-6.9%13.0%4.0%3.9%
Skew 10d10.8%-2.9%20.1%13.3%8.5%
Call IV 25d26.0%21.8%28.9%21.8%28.0%
Put IV 25d31.0%22.1%36.2%25.9%31.9%
Bid-Ask Spread %90.4476.82104.5286.0390.76
Gamma HHI0.160.130.190.140.18
Net GEX12.4K2.4K32.6K32.6K7.6K
Net DEX4.8K-239.3K84.1K-239.3K82.6K
Net VEX-2.5K-3.0K-2.2K-3.0K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.001.001.000.17
Total Volume8.90906667
Total OI467.364382495445443

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$44.09$42.0023.9%6.9%26.0%14.1%22.2%4.0%2.2%32.6K-239.3K-3.0K1.0086.03N/AN/A33318127
2023-05-02$42.16$42.0024.6%7.0%25.2%15.9%21.5%5.6%4.9%19.5K-40.8K-2.6K0.0079.72N/AN/A660320130
2023-05-03$41.39$42.0031.7%9.1%24.9%35.7%31.3%6.6%-1.1%14.7K21.1K-2.5K0.00101.36N/AN/A60358130
2023-05-04$40.95$45.0032.0%9.4%24.0%36.5%0.0%-6.9%-0.5%12.1K33.7K-2.6K0.0091.69N/AN/A60363129
2023-05-05$42.17$45.0028.8%8.9%26.6%27.6%0.0%7.0%-0.3%17.1K-29.7K-2.8K0.0088.93N/AN/A70366129
2023-05-08$42.19$45.0027.4%8.1%26.2%23.8%0.0%6.9%0.4%19.9K-94.4K-2.9K0.0083.45N/AN/A10365129
2023-05-09$42.27$45.0027.1%8.2%25.8%23.0%0.0%8.6%1.1%17.6K-20.0K-2.7K0.0088.27N/AN/A50365129
2023-05-10$41.77$45.0028.6%8.2%25.9%27.0%0.0%13.0%0.1%14.4K-9.9K-2.6K0.0094.76N/AN/A00368127
2023-05-11$41.05$45.0030.3%8.7%25.9%31.8%0.0%6.3%0.5%9.3K63.4K-2.4K0.0088.72N/AN/A80368127
2023-05-12$41.28$45.0028.6%8.2%26.2%27.2%26.3%2.5%1.2%9.0K57.5K-2.3K0.5096.22N/AN/A21360127
2023-05-15$41.56$42.0031.3%9.0%26.4%34.7%0.0%3.7%-2.0%10.1K45.5K-2.4K0.0089.25N/AN/A00362128
2023-05-16$40.59$42.0030.6%8.8%27.2%32.7%16.4%2.6%-1.7%6.2K75.4K-2.2K0.0094.34N/AN/A20362128
2023-05-17$41.31$42.0030.9%8.9%28.4%33.6%15.8%5.5%0.3%5.3K84.1K-2.2K0.00100.22N/AN/A30364127
2023-05-18$41.64$42.0023.7%6.8%28.6%13.6%0.0%2.3%6.3%10.9K54.1K-2.2K0.00104.52N/AN/A00368127
2023-05-19$41.86$42.0027.9%8.0%28.8%25.1%29.4%5.9%-0.7%11.9K16.0K-2.3K0.0090.26N/AN/A03368127
2023-05-22$41.89$42.0024.9%7.1%27.7%16.9%0.0%5.2%1.7%2.4K61.8K-2.2K0.0093.22N/AN/A00260122
2023-05-23$42.30$42.0027.1%7.8%27.2%23.0%26.7%10.8%2.2%4.4K24.0K-2.3K0.0092.83N/AN/A660260122
2023-05-24$42.31$41.0028.4%8.1%26.5%26.5%0.0%5.2%-0.8%14.1K-84.9K-2.7K0.0092.21N/AN/A10322122
2023-05-25$41.69$41.0028.8%8.3%26.7%27.6%27.9%4.8%-1.1%12.4K-25.2K-2.6K0.0082.52N/AN/A10323122
2023-05-26$41.48$41.0028.5%8.2%25.8%26.9%0.0%2.3%-0.3%11.4K-10.1K-2.5K0.0083.50N/AN/A00323122
2023-05-30$41.03$41.0028.0%8.0%25.8%25.4%27.8%4.7%-0.8%10.0K41.0K-2.3K0.0076.82N/AN/A50323122
2023-05-31$40.47$41.0028.9%8.3%21.1%28.0%0.0%3.9%-0.8%7.6K82.6K-2.2K0.1790.76N/AN/A61321122