IHDG Options History — October 2019

In October 2019, IHDG traded between $32.54 and $34.41. ATM implied volatility averaged 31.2%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 18.8% (HV 20d: 12.4%). Max pain ranged from $34.00 to $34.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2019-10-21: Highest Volume — 8 contracts
2019-10-04: Largest IV spike — 53.6% change
2019-10-08: Highest IV Rank — 40.7%
2019-10-21: Largest Expected Move — 10.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.57	$32.54	$34.41	$33.30	$34.22
Max Pain	$34.00	$34.00	$34.00	$34.00	$34.00
ATM IV	31.2%	21.8%	54.6%	21.8%	24.3%
Expected Move	8.1%	5.9%	10.1%	6.2%	7.0%
HV 20d	12.4%	8.5%	13.6%	9.3%	8.9%
HV 60d	13.7%	12.4%	14.3%	12.7%	12.4%
IV Rank	19.7%	11.3%	40.7%	11.3%	13.5%
IV Percentile	78.6%	52.8%	98.4%	56.7%	67.9%
Term Structure	2.5%	-14.1%	58.9%	-7.4%	20.7%
VWIV	35.5%	35.5%	35.5%	35.5%	35.5%
Skew 25d	8.4%	-18.3%	29.0%	-6.9%	-18.3%
Skew 10d	16.1%	-19.0%	38.4%	-10.3%	19.7%
Call IV 25d	28.8%	10.5%	43.9%	22.5%	43.9%
Put IV 25d	37.2%	11.8%	51.3%	15.6%	25.6%
Bid-Ask Spread %	185.62	152.26	196.11	156.59	186.30
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	1.2K	0	2.6K	2.1K	1.5K
Net DEX	-11.2K	-15.9K	0	-9.1K	-15.2K
Net VEX	-17	-28	0	-21	-22
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.348	0	8	0	0
Total OI	7.652	0	8	8	8

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2019-10-01	$33.30	$34.00	21.8%	6.2%	9.3%	11.3%	0.0%	-6.9%	-7.4%	2.1K	-9.1K	-21	156.59	N/A	N/A	0	8
2019-10-02	$32.54	$34.00	29.5%	8.5%	11.9%	18.2%	0.0%	-13.4%	-10.6%	1.3K	-6.9K	-18	177.68	N/A	N/A	0	8
2019-10-03	$32.69	$0.00	30.0%	5.9%	11.8%	18.7%	0.0%	3.1%	-4.8%	1.4K	-7.6K	-19	178.70	N/A	N/A	0	8
2019-10-04	$33.01	$0.00	46.1%	8.8%	12.3%	33.1%	0.0%	25.0%	-8.9%	995	-10.8K	-20	195.63	N/A	N/A	0	8
2019-10-07	$33.11	$0.00	51.9%	9.1%	12.3%	38.2%	0.0%	5.0%	-10.1%	1.0K	-11.2K	-18	194.73	N/A	N/A	0	8
2019-10-08	$32.83	$0.00	54.6%	9.2%	12.4%	40.7%	0.0%	4.7%	-10.1%	968	-10.2K	-17	196.11	N/A	N/A	0	8
2019-10-09	$33.13	$0.00	32.8%	9.4%	12.6%	21.1%	0.0%	25.1%	-10.7%	1.0K	-11.2K	-16	194.51	N/A	N/A	0	8
2019-10-10	$33.15	$0.00	32.3%	9.3%	12.5%	20.7%	0.0%	6.3%	-9.8%	1.1K	-10.9K	-15	194.43	N/A	N/A	0	8
2019-10-11	$33.61	$0.00	32.3%	9.3%	13.4%	20.7%	0.0%	27.1%	-11.0%	1.1K	-12.7K	-15	190.48	N/A	N/A	0	8
2019-10-14	$33.50	$0.00	35.2%	10.1%	13.4%	23.3%	0.0%	28.4%	-14.1%	1.1K	-12.4K	-11	191.44	N/A	N/A	0	8
2019-10-15	$33.75	$0.00	32.4%	9.3%	13.6%	20.7%	0.0%	29.0%	-11.0%	1.1K	-13.2K	-10	189.77	N/A	N/A	0	8
2019-10-16	$33.68	$0.00	32.6%	9.3%	13.6%	20.9%	0.0%	28.7%	-11.6%	1.1K	-12.9K	-8	190.30	N/A	N/A	0	8
2019-10-17	$33.68	$0.00	33.5%	9.6%	13.6%	21.7%	0.0%	7.4%	-11.4%	1.2K	-12.8K	-6	190.34	N/A	N/A	0	8
2019-10-18	$33.59	$0.00	34.8%	10.0%	13.5%	22.9%	0.0%	7.2%	-12.9%	0	0	0	190.57	N/A	N/A	0	8
2019-10-21	$33.74	$0.00	35.3%	10.1%	13.6%	23.4%	35.5%	8.3%	58.9%	0	0	0	189.85	N/A	N/A	8	0
2019-10-22	$33.73	$34.00	22.3%	6.4%	13.0%	11.7%	0.0%	1.3%	1.1%	2.6K	-11.9K	-28	152.26	N/A	N/A	0	8
2019-10-23	$33.76	$34.00	22.8%	6.5%	13.0%	12.2%	0.0%	6.7%	16.6%	1.2K	-13.3K	-27	189.41	N/A	N/A	0	8
2019-10-24	$33.98	$34.00	22.1%	6.3%	13.0%	11.6%	0.0%	8.0%	18.0%	1.3K	-14.1K	-27	187.98	N/A	N/A	0	8
2019-10-25	$34.13	$34.00	21.8%	6.2%	13.0%	11.3%	0.0%	9.0%	19.0%	1.3K	-14.7K	-26	187.53	N/A	N/A	0	8
2019-10-28	$34.34	$34.00	22.3%	6.4%	12.9%	11.8%	0.0%	8.5%	23.2%	1.4K	-15.7K	-24	184.40	N/A	N/A	0	8
2019-10-29	$34.25	$34.00	23.6%	6.8%	12.4%	12.9%	0.0%	-16.7%	20.8%	1.5K	-15.3K	-23	184.38	N/A	N/A	0	8
2019-10-30	$34.41	$34.00	23.4%	6.7%	8.5%	12.7%	0.0%	10.4%	24.2%	1.4K	-15.9K	-23	175.81	N/A	N/A	0	8
2019-10-31	$34.22	$34.00	24.3%	7.0%	8.9%	13.5%	0.0%	-18.3%	20.7%	1.5K	-15.2K	-22	186.30	N/A	N/A	0	8