IYE Options History — April 2025

In April 2025, IYE traded between $39.84 and $49.65. ATM implied volatility averaged 36.7%, placing in the 48.8% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 21.7% (HV 20d: 58.3%). Max pain ranged from $43.00 to $50.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.91.

Notable Days

2025-04-17: Highest Volume — 75 contracts
2025-04-04: Largest IV spike — 116.7% change
2025-04-04: Highest IV Rank — 100.0%
2025-04-10: Largest Expected Move — 15.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.27	$39.84	$49.65	$49.48	$42.45
Max Pain	$46.05	$43.00	$50.00	$50.00	$44.00
ATM IV	36.7%	15.4%	68.6%	23.8%	36.2%
Expected Move	9.9%	5.7%	15.8%	7.0%	10.4%
HV 20d	58.3%	18.7%	69.6%	20.2%	69.6%
HV 60d	38.5%	21.1%	44.2%	21.1%	44.2%
IV Rank	48.8%	15.3%	100.0%	37.2%	45.2%
IV Percentile	90.0%	18.3%	100.0%	81.0%	96.4%
Term Structure	-3.7%	-17.6%	2.1%	0.1%	-5.3%
VWIV	31.4%	18.3%	51.3%	27.4%	29.8%
Skew 25d	8.1%	-7.0%	35.9%	-7.0%	5.7%
Skew 10d	9.1%	-10.7%	37.7%	3.3%	7.3%
Call IV 25d	23.2%	12.9%	70.5%	20.7%	17.3%
Put IV 25d	31.3%	13.7%	77.6%	13.7%	23.0%
Bid-Ask Spread %	102.71	87.04	139.53	96.45	102.37
Gamma HHI	0.26	0.14	0.42	0.36	0.42
Net GEX	5.1K	-2.8K	24.7K	18.0K	5.4K
Net DEX	-29.5K	-316.1K	89.5K	-228.9K	-34.9K
Net VEX	-574	-1.1K	-424	-635	-466
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.00	7.00	0.03	0.00
Total Volume	14.524	0	75	35	0
Total OI	150.952	71	209	159	86

Daily Data (21 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
2025-04-01	$49.48	$50.00	23.8%	7.0%	20.2%	37.2%	0.0%	-7.0%	0.1%	18.0K	-228.9K	-635	0.03	96.45	N/A	N/A	34	1	138	21
2025-04-02	$49.65	$50.00	15.4%	5.7%	18.7%	15.3%	0.0%	6.9%	0.3%	24.7K	-316.1K	-1.1K	0.00	95.17	N/A	N/A	1	0	169	21
2025-04-03	$45.95	$50.00	23.9%	8.0%	34.6%	37.5%	27.4%	0.4%	-1.8%	11.4K	-110.2K	-947	2.67	107.43	N/A	N/A	9	24	170	21
2025-04-04	$42.05	$47.00	51.8%	11.6%	46.3%	100.0%	34.8%	6.1%	-6.2%	5.0K	13.6K	-755	0.00	118.55	N/A	N/A	0	12	176	33
2025-04-07	$41.14	$47.00	68.6%	12.1%	46.6%	100.0%	30.1%	5.7%	-3.4%	4.5K	14.1K	-696	0.39	110.94	N/A	N/A	33	13	176	30
2025-04-08	$39.84	$47.00	67.8%	15.3%	47.5%	98.8%	51.3%	35.9%	-12.4%	279	89.5K	-424	1.20	87.04	N/A	N/A	5	6	149	43
2025-04-09	$43.76	$47.00	31.5%	9.0%	59.4%	37.3%	38.3%	23.3%	-0.3%	3.7K	3.1K	-594	0.00	116.66	N/A	N/A	0	42	154	41
2025-04-10	$40.17	$47.00	55.1%	15.8%	66.2%	77.2%	0.0%	7.1%	-17.6%	3.0K	27.7K	-567	0.00	139.53	N/A	N/A	3	0	154	40
2025-04-11	$41.80	$47.00	45.9%	13.2%	67.1%	61.6%	0.0%	15.0%	-7.9%	1.8K	35.4K	-537	0.00	116.06	N/A	N/A	0	0	157	40
2025-04-14	$42.05	$47.00	34.9%	10.0%	66.5%	43.1%	36.2%	11.4%	-3.7%	-205	50.5K	-448	0.00	88.98	N/A	N/A	0	5	157	40
2025-04-15	$41.89	$47.00	25.6%	7.3%	66.5%	27.1%	0.0%	15.7%	2.1%	-1.4K	65.6K	-457	0.00	96.94	N/A	N/A	4	0	157	46
2025-04-16	$42.11	$47.00	34.2%	9.8%	65.9%	41.8%	19.9%	4.4%	-3.0%	-2.8K	54.6K	-491	7.00	102.03	N/A	N/A	1	7	159	46
2025-04-17	$43.37	$43.00	32.5%	9.3%	67.1%	39.0%	31.4%	4.0%	-0.1%	3.2K	10.6K	-514	0.00	101.75	N/A	N/A	75	0	160	41
2025-04-21	$41.86	$43.00	36.8%	10.5%	67.9%	46.2%	24.7%	9.1%	-2.2%	2.9K	-18.4K	-441	0.20	91.12	N/A	N/A	5	1	53	18
2025-04-22	$43.17	$43.00	32.0%	9.2%	68.9%	38.0%	35.9%	6.8%	-2.4%	3.8K	-40.6K	-505	0.17	93.31	N/A	N/A	6	1	58	19
2025-04-23	$42.89	$45.00	34.3%	9.8%	68.8%	41.9%	29.4%	4.5%	-2.9%	4.2K	-45.2K	-517	0.14	94.80	N/A	N/A	7	1	62	19
2025-04-24	$43.66	$44.00	27.7%	8.0%	69.2%	30.9%	0.0%	10.5%	0.4%	4.4K	-45.2K	-506	0.00	97.50	N/A	N/A	0	0	59	20
2025-04-25	$43.59	$44.00	32.0%	9.2%	69.2%	38.1%	18.3%	2.9%	-5.0%	4.4K	-43.7K	-509	0.00	99.98	N/A	N/A	0	1	59	20
2025-04-28	$43.99	$44.00	29.8%	8.5%	69.5%	34.3%	0.0%	-5.8%	-4.8%	5.0K	-53.3K	-497	0.00	99.89	N/A	N/A	0	0	60	19
2025-04-29	$43.83	$44.00	30.3%	8.7%	69.1%	35.2%	29.8%	7.6%	-0.8%	5.2K	-47.7K	-480	0.00	100.50	N/A	N/A	8	0	60	19
2025-04-30	$42.45	$44.00	36.2%	10.4%	69.6%	45.2%	0.0%	5.7%	-5.3%	5.4K	-34.9K	-466	0.00	102.37	N/A	N/A	0	0	67	19