IYE Options History — March 2024

In March 2024, IYE traded between $45.11 and $49.39. ATM implied volatility averaged 17.5%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 4.0% (HV 20d: 13.6%). Max pain ranged from $44.00 to $48.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 2.11.

Notable Days

2024-03-01: Highest Volume — 61 contracts
2024-03-11: Largest IV spike — 19.3% change
2024-03-11: Highest IV Rank — 15.9%
2024-03-06: Largest Expected Move — 5.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.30	$45.11	$49.39	$45.64	$49.39
Max Pain	$45.95	$44.00	$48.00	$44.00	$48.00
ATM IV	17.5%	14.6%	21.5%	18.5%	14.8%
Expected Move	5.0%	4.2%	5.8%	5.3%	4.2%
HV 20d	13.6%	9.9%	17.5%	16.7%	10.5%
HV 60d	16.8%	15.8%	18.3%	18.3%	15.9%
IV Rank	7.1%	0.0%	15.9%	8.4%	1.0%
IV Percentile	7.4%	0.0%	41.7%	3.6%	0.8%
Term Structure	1.4%	-1.0%	2.7%	1.1%	2.2%
VWIV	16.8%	14.6%	19.6%	18.3%	14.6%
Skew 25d	0.4%	-1.6%	1.8%	-0.6%	0.7%
Skew 10d	0.7%	-5.1%	5.6%	2.8%	1.2%
Call IV 25d	17.1%	14.8%	18.9%	18.8%	14.8%
Put IV 25d	17.5%	14.8%	20.2%	18.2%	15.4%
Bid-Ask Spread %	65.80	42.94	86.49	58.01	42.94
Gamma HHI	0.17	0.14	0.21	0.14	0.19
Net GEX	57.0K	38.0K	73.7K	66.6K	38.7K
Net DEX	-2.0M	-2.5M	-1.4M	-1.5M	-2.5M
Net VEX	-3.8K	-4.3K	-3.0K	-4.0K	-3.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.11	0.00	11.00	0.49	0.40
Total Volume	22.05	1	61	61	14
Total OI	794.2	694	858	694	822

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
2024-03-01	$45.64	$44.00	18.5%	5.3%	16.7%	8.4%	18.3%	-0.6%	1.1%	66.6K	-1.5M	-4.0K	0.49	58.01	N/A	N/A	41	20	598	96
2024-03-04	$45.11	$45.00	20.3%	5.5%	17.4%	12.8%	19.6%	1.0%	0.4%	56.3K	-1.4M	-4.2K	0.00	64.61	N/A	N/A	41	0	616	116
2024-03-05	$45.33	$45.00	20.2%	5.6%	17.3%	12.7%	0.0%	1.6%	1.3%	61.1K	-1.5M	-4.3K	0.00	67.07	N/A	N/A	0	10	637	116
2024-03-06	$45.63	$45.00	19.9%	5.8%	17.4%	11.8%	0.0%	1.8%	-1.0%	59.4K	-1.6M	-4.3K	0.00	64.94	N/A	N/A	0	20	637	126
2024-03-07	$46.03	$45.00	18.3%	5.4%	17.5%	7.9%	18.9%	1.0%	1.7%	57.3K	-1.7M	-4.3K	11.00	70.19	N/A	N/A	2	22	642	146
2024-03-08	$46.05	$45.00	18.0%	5.4%	17.3%	7.1%	19.3%	0.5%	1.9%	53.8K	-1.7M	-4.3K	0.23	65.68	N/A	N/A	43	10	645	169
2024-03-11	$46.53	$45.00	21.5%	5.4%	16.2%	15.9%	18.6%	-0.5%	1.9%	70.6K	-1.9M	-4.1K	6.67	63.97	N/A	N/A	3	20	667	159
2024-03-12	$46.61	$45.00	20.1%	5.3%	15.7%	12.3%	16.7%	1.1%	1.5%	73.7K	-2.0M	-4.0K	0.00	69.05	N/A	N/A	1	0	667	179
2024-03-13	$47.22	$45.00	17.7%	5.1%	15.0%	6.4%	17.0%	0.3%	1.7%	72.7K	-2.2M	-3.8K	0.00	75.03	N/A	N/A	11	0	667	179
2024-03-14	$47.47	$45.00	16.7%	4.8%	14.9%	4.1%	0.0%	-1.1%	1.8%	73.4K	-2.3M	-3.7K	0.00	81.23	N/A	N/A	2	0	677	179
2024-03-15	$47.73	$45.00	17.2%	4.9%	12.1%	8.8%	16.3%	0.0%	1.7%	70.3K	-2.4M	-3.5K	0.56	83.25	N/A	N/A	36	20	679	179
2024-03-18	$47.92	$46.00	17.4%	5.0%	12.1%	9.6%	0.0%	1.1%	0.0%	59.3K	-2.1M	-3.9K	1.25	48.13	N/A	N/A	4	5	624	126
2024-03-19	$48.34	$46.00	17.3%	5.0%	10.8%	10.5%	17.3%	-0.1%	0.8%	58.7K	-2.2M	-3.7K	9.00	47.14	N/A	N/A	2	18	628	131
2024-03-20	$48.51	$47.00	16.2%	4.6%	9.9%	4.8%	16.3%	0.1%	1.8%	56.0K	-2.3M	-3.6K	2.20	74.54	N/A	N/A	5	11	630	147
2024-03-21	$48.47	$47.00	15.6%	4.5%	10.0%	2.2%	15.6%	0.8%	1.2%	50.1K	-2.2M	-3.6K	0.00	71.88	N/A	N/A	0	20	610	158
2024-03-22	$48.30	$47.00	15.3%	4.4%	9.9%	0.8%	15.0%	0.7%	1.6%	47.8K	-2.1M	-3.6K	3.13	46.83	N/A	N/A	8	25	610	168
2024-03-25	$48.72	$48.00	16.0%	4.6%	10.1%	4.0%	16.0%	0.5%	1.7%	38.3K	-2.3M	-3.4K	0.50	80.24	N/A	N/A	8	4	618	193
2024-03-26	$48.36	$48.00	14.8%	4.2%	10.3%	0.0%	14.6%	-1.6%	2.7%	38.1K	-2.2M	-3.6K	0.50	54.75	N/A	N/A	6	3	624	197
2024-03-27	$48.70	$48.00	14.6%	4.2%	10.0%	0.0%	15.5%	0.6%	2.3%	38.0K	-2.3M	-3.4K	0.00	86.49	N/A	N/A	6	0	623	199
2024-03-28	$49.39	$48.00	14.8%	4.2%	10.5%	1.0%	14.6%	0.7%	2.2%	38.7K	-2.5M	-3.0K	0.40	42.94	N/A	N/A	10	4	623	199