IHDG Options History — September 2016

In September 2016, IHDG traded between $25.94 and $26.80. ATM implied volatility averaged 15.7%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 3.9% (HV 20d: 11.8%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 19 of 21 days.

Notable Days

  • 2016-09-29: Largest IV spike — 99.8% change
  • 2016-09-13: Highest IV Rank — 11.3%
  • 2016-09-29: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.40$25.94$26.80$26.40$26.41
ATM IV15.7%10.7%26.4%14.2%14.1%
Expected Move4.1%3.0%7.0%4.1%4.0%
HV 20d11.8%8.5%15.5%8.5%15.5%
HV 60d15.3%11.2%18.5%18.4%11.7%
IV Rank5.9%3.2%11.3%5.3%5.0%
IV Percentile27.9%1.2%69.4%19.4%19.4%
Term Structure1.4%-1.9%3.3%0.6%1.0%
Skew 25d2.6%1.2%4.1%1.7%2.8%
Skew 10d3.2%1.4%5.7%1.8%3.8%
Call IV 25d13.2%10.3%27.4%15.1%12.9%
Put IV 25d15.8%13.0%29.4%16.8%15.7%
Bid-Ask Spread %129.03118.92165.68128.61130.20
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-09-01$26.40$0.0014.2%4.1%8.5%5.3%0.0%1.7%0.6%0000.00128.61N/AN/A0000
2016-09-02$26.75$0.0012.9%3.7%9.5%4.6%0.0%2.5%-1.9%0000.00132.65N/AN/A0000
2016-09-06$26.66$0.0014.3%3.3%9.4%5.4%0.0%2.2%2.0%0000.00128.28N/AN/A0000
2016-09-07$26.69$0.0014.4%3.0%9.0%5.4%0.0%2.5%2.1%0000.00129.81N/AN/A0000
2016-09-08$26.69$0.0015.3%3.1%8.9%5.6%0.0%2.8%3.3%0000.00129.82N/AN/A0000
2016-09-09$26.16$0.0017.2%4.2%10.5%6.6%0.0%1.9%1.2%0000.00123.73N/AN/A0000
2016-09-12$26.37$0.0022.9%4.0%11.0%9.6%0.0%4.1%2.9%0000.00126.75N/AN/A0000
2016-09-13$26.11$0.0026.4%4.8%11.4%11.3%0.0%1.8%0.4%0000.00118.92N/AN/A0000
2016-09-14$25.94$0.0016.2%4.7%11.0%6.1%0.0%1.9%1.0%0000.00122.83N/AN/A0000
2016-09-15$26.21$0.0015.3%4.4%11.7%5.6%0.0%3.4%1.0%0000.00122.98N/AN/A0000
2016-09-16$26.17$0.0015.2%4.4%11.7%5.6%0.0%2.5%1.8%0000.00124.79N/AN/A0000
2016-09-19$26.23$0.0015.3%4.4%11.7%5.7%0.0%3.1%0.9%0000.00123.63N/AN/A0000
2016-09-20$26.36$0.0014.7%4.2%11.8%5.3%0.0%3.9%2.9%0000.00124.64N/AN/A0000
2016-09-21$26.50$0.0014.7%4.2%12.0%5.3%0.0%3.4%1.4%0000.00127.30N/AN/A0000
2016-09-22$26.80$0.0010.7%3.1%12.6%3.2%0.0%2.4%2.8%0000.00130.42N/AN/A0000
2016-09-23$26.64$0.0011.1%3.2%12.7%3.5%0.0%2.9%3.1%0000.00130.14N/AN/A0000
2016-09-26$26.18$0.0014.0%4.0%14.2%5.0%0.0%1.2%0.3%0000.00130.72N/AN/A0000
2016-09-27$26.33$0.0013.3%3.8%14.2%4.6%0.0%2.6%2.4%0000.00128.27N/AN/A0000
2016-09-28$26.59$0.0012.2%3.5%14.5%4.0%0.0%2.4%-0.2%0000.00129.52N/AN/A0000
2016-09-29$26.22$0.0024.4%7.0%15.3%10.3%0.0%2.0%0.3%0000.00165.68N/AN/A0000
2016-09-30$26.41$0.0014.1%4.0%15.5%5.0%0.0%2.8%1.0%0000.00130.20N/AN/A0000