IHDG Options History — November 2016

In November 2016, IHDG traded between $24.82 and $25.67. ATM implied volatility averaged 22.7%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 11.0% (HV 20d: 11.7%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days.

Notable Days

  • 2016-11-29: Largest IV spike — 713.8% change
  • 2016-11-29: Highest IV Rank — 67.1%
  • 2016-11-01: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.37$24.82$25.67$25.43$25.67
ATM IV22.7%13.5%134.1%19.8%17.7%
Expected Move4.7%3.9%5.7%5.7%5.1%
HV 20d11.7%8.3%13.2%8.3%12.4%
HV 60d11.9%10.9%12.4%11.1%12.0%
IV Rank9.5%4.7%67.1%7.9%6.9%
IV Percentile51.8%15.9%93.3%61.9%61.5%
Term Structure49.5%-6.3%90.6%-2.6%-6.3%
Skew 25d4.0%1.3%23.0%2.5%1.3%
Skew 10d3.8%-0.6%23.0%4.8%5.3%
Call IV 25d21.7%13.8%140.9%18.9%19.5%
Put IV 25d25.6%17.0%164.0%21.4%20.9%
Bid-Ask Spread %138.86126.12183.27133.41139.64
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
2016-11-01$25.43$0.0019.8%5.7%8.3%7.9%0.0%2.5%-2.6%0000.00133.41N/AN/A0000
2016-11-02$25.27$0.0018.9%5.4%8.4%7.5%0.0%4.8%0.5%0000.00133.93N/AN/A0000
2016-11-03$25.06$0.0019.7%4.9%8.7%8.0%0.0%2.8%79.8%0000.00132.75N/AN/A0000
2016-11-04$24.82$0.0020.8%5.1%8.7%8.5%0.0%7.2%86.0%0000.00126.12N/AN/A0000
2016-11-07$25.26$0.0023.6%5.5%11.0%10.0%0.0%2.4%78.1%0000.00126.28N/AN/A0000
2016-11-08$25.44$0.0023.4%4.6%11.4%9.9%0.0%3.8%80.6%0000.00136.06N/AN/A0000
2016-11-09$25.60$0.0013.5%3.9%11.7%4.7%0.0%3.2%86.1%0000.00138.72N/AN/A0000
2016-11-10$25.22$0.0015.0%4.3%12.7%5.5%0.0%3.2%84.1%0000.00138.09N/AN/A0000
2016-11-11$25.16$0.0015.6%4.5%12.5%5.8%0.0%2.3%90.6%0000.00137.05N/AN/A0000
2016-11-14$25.14$0.0015.2%4.3%12.2%5.6%0.0%2.9%86.8%0000.00138.40N/AN/A0000
2016-11-15$25.38$0.0014.7%4.2%12.2%5.4%0.0%3.4%85.8%0000.00138.43N/AN/A0000
2016-11-16$25.18$0.0015.2%4.4%12.3%5.6%0.0%2.4%87.5%0000.00139.19N/AN/A0000
2016-11-17$25.44$0.0014.6%4.2%13.0%5.3%0.0%2.9%86.6%0000.00139.16N/AN/A0000
2016-11-18$25.46$0.0015.8%4.5%13.0%5.9%0.0%2.4%85.1%0000.00139.72N/AN/A0000
2016-11-21$25.48$0.0016.2%4.6%13.0%6.1%0.0%2.9%-3.2%0000.00139.04N/AN/A0000
2016-11-22$25.48$0.0016.0%4.6%13.0%6.0%0.0%2.6%-4.1%0000.00140.71N/AN/A0000
2016-11-23$25.46$0.0015.9%4.6%12.9%6.0%0.0%2.6%-3.4%0000.00140.46N/AN/A0000
2016-11-25$25.64$0.0014.9%4.3%13.2%5.5%0.0%2.1%-3.2%0000.00137.66N/AN/A0000
2016-11-28$25.54$0.0016.5%4.7%12.9%6.3%0.0%2.5%-4.3%0000.00138.01N/AN/A0000
2016-11-29$25.63$0.00134.1%0.0%13.0%67.1%0.0%23.0%0.0%0000.00183.27N/AN/A0000
2016-11-30$25.67$0.0017.7%5.1%12.4%6.9%0.0%1.3%-6.3%0000.00139.64N/AN/A0000