Options
ILF options
Figures as of 28 Sep 2026
The options figures are from the close on 28 Sep 2026.
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.
At a glance
| Figure | Value | Date |
|---|---|---|
| IV rank | 97 of 100 | 28 Sep |
| At the money IV | 44.2% | 28 Sep |
| Priced move to 16 Oct | 13.6% down, 8.7% up | 28 Sep |
| Call wall and put wall | Both 35 | 28 Sep |
Options Snapshot
ILF's IV rank is 97 of 100 on 28 Sep 2026.
| Figure | Value |
|---|---|
| IV rank | 97 of 100 |
| At the money IV | 44.2%, near month, 18 days |
| Put/call ratio, open interest | 0.43 |
| Call open interest, strikes captured near the price | 5,900 contracts |
| Put open interest, strikes captured near the price | 2,530 contracts |
| Cost to trade at the money | Wide, 167.0% of the option's mid price |
IV rank is where the at the money IV sits among ILF's own weekly readings, 0 the lowest and 100 the highest.
From the option chain at the close on 28 Sep 2026. Current on every plan.
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Priced Range
On 28 Sep 2026, ILF options priced a move of 13.6 percent down and 8.7 percent up by 16 Oct 2026.
| Expiry | Days | Down | Up | Range |
|---|---|---|---|---|
| 16 Oct 2026 | 18 | 13.6% | 8.7% | 29.54 to 37.17 |
| 20 Nov 2026 | 53 | 15.1% | 13.3% | 29.03 to 38.71 |
| 18 Dec 2026 | 81 | 24.3% | 24.4% | 25.86 to 42.53 |
| 19 Mar 2027 | 172 | 23.2% | 27.4% | 26.26 to 43.56 |
The range is one standard deviation either side of the close of 34.18, as the option prices imply it.
A priced move restates option prices at the close and says nothing certain about where the price goes.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Gamma Map
On 28 Sep 2026, ILF's call wall and put wall are both at the 35 strike.
| Figure | Value |
|---|---|
| Call wall, most open call gamma | 35 |
| Put wall, most open put gamma | 35 |
| Flip strike, where net gamma changes sign | 33.91 |
| Net dollar gamma, calls minus puts | $226,876 |
| Total dollar gamma, both sides | $637,855 |
| Close | 34.18 |
Dollar gamma is stated for a one percent move in the price.
Net is calls minus puts under the standard convention, not a record of who holds the contracts.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Volatility Weather
On 28 Sep 2026, ILF's at the money IV runs from 44.2 percent at 18 days to 37.0 percent at 172 days.
| Days to expiry | At the money IV |
|---|---|
| 18 | 44.2% |
| 53 | 37.2% |
| 81 | 35.6% |
| 172 | 37.0% |
Near expiries price more volatility than far ones, an inverted term structure.
From the option chain at the close on 28 Sep 2026. Current on every plan.
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Volatility Smile
On 28 Sep 2026, at the 53 day expiry, ILF's IV ten percent below the price sits 21.3 points above at the money IV.
| Strike area | Implied volatility | Against at the money |
|---|---|---|
| 10% below the price | 58.5% | +21.3 points |
| At the money | 37.2% | 0.0 points |
| 10% above the price | 39.8% | +2.7 points |
From the option chain at the close on 28 Sep 2026. Current on every plan.
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Volatility Surface
On 28 Sep 2026, ILF's surface spans 4 expiries out to 172 days, with IV from 32.4 to 65.5 percent near the price.
| Figure | Value |
|---|---|
| Expiries captured | 4 |
| Nearest expiry | 16 Oct 2026, 18 days |
| Farthest expiry | 19 Mar 2027, 172 days |
| Points within 10% of the price, 7 days out or more | 25 |
| Lowest IV among them | 32.4% |
| Highest IV among them | 65.5% |
From the option chain at the close on 28 Sep 2026. Current on every plan.
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Expiry Ladder
On 28 Sep 2026, ILF has 4 captured expiries, from 16 Oct 2026 to 19 Mar 2027.
| Expiry | Days | At the money IV | Call open interest | Put open interest |
|---|---|---|---|---|
| 16 Oct 2026 | 18 | 44.2% | 2,220 | 677 |
| 20 Nov 2026 | 53 | 37.2% | 277 | 186 |
| 18 Dec 2026 | 81 | 35.6% | 3,279 | 142 |
| 19 Mar 2027 | 172 | 37.0% | 124 | 1,523 |
Open interest is summed over the strikes captured near the price on each expiry.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Strike Table
On 28 Sep 2026, ILF's largest open interest sits at the 50 strike, with 2,003 contracts across the captured expiries.
| Strike | Call open interest | Put open interest | Total |
|---|---|---|---|
| 50 | 2,000 | 3 | 2,003 |
| 35 | 866 | 807 | 1,673 |
| 33 | 139 | 1,514 | 1,653 |
| 37 | 949 | 12 | 961 |
| 36 | 828 | 48 | 876 |
| 40 | 682 | 0 | 682 |
From the option chain at the close on 28 Sep 2026. Current on every plan.
Since Yesterday
From 25 Sep 2026 to 28 Sep 2026, ILF's at the money IV moved from 38.8 percent to 44.2 percent.
| Figure | 25 Sep | 28 Sep | Change |
|---|---|---|---|
| At the money IV | 38.8% | 44.2% | +5.4 points |
| Open interest, strikes captured near the price | 8,249 | 8,428 | +179 |
| Put/call ratio, open interest | 0.44 | 0.43 | -0.01 |
Open interest changes cannot identify buyers or sellers.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Changed Hands
On 28 Sep 2026, 1,902 ILF option contracts traded, 0.9 times its own recent average.
| Figure | Value |
|---|---|
| Calls traded | 286 |
| Puts traded | 1,616 |
| Against its recent average | 0.9 times |
| Busier than | 7 of its last 9 trading days |
| Open interest, whole chain | 8,431 contracts |
| Volume to open interest | 0.23 |
| Unusual volume flag | No |
Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Positioning Replay
The replay holds 10 trading days of ILF's option positioning, from 15 Sep 2026 to 28 Sep 2026.
| Date | Close | Net dollar gamma | Top call strike | Top put strike |
|---|---|---|---|---|
| 15 Sep 2026 | 35.51 | $573,429 | 35 | 33 |
| 21 Sep 2026 | 35.49 | $117,406 | 40 | 36 |
| 28 Sep 2026 | 34.18 | $226,876 | 35 | 35 |
Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.
From the option chain at the close on 28 Sep 2026. Current on every plan.
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Questions
- What is ILF's IV rank?
- ILF's IV rank is 97 of 100 on 28 Sep 2026.
- What move are ILF options pricing?
- On 28 Sep 2026, ILF options priced a move of 13.6 percent down and 8.7 percent up by 16 Oct 2026.
- Where are ILF's call wall and put wall?
- On 28 Sep 2026, ILF's call wall and put wall are both at the 35 strike.
Guides and the full list
- Every covered stock, fund and index, A to Z
- Reading the options suite
- Options for beginners
- How Trade Cards work
- Words the desk uses
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.