IHDG Options History — November 2019

In November 2019, IHDG traded between $34.62 and $35.68. ATM implied volatility averaged 36.8%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 29.3% (HV 20d: 7.5%). Max pain ranged from $34.00 to $34.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-11-06: Highest Volume — 8 contracts
  • 2019-11-26: Largest IV spike — 269.8% change
  • 2019-11-12: Highest IV Rank — 68.7%
  • 2019-11-01: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.13$34.62$35.68$34.62$35.52
Max Pain$34.00$34.00$34.00$34.00$34.00
ATM IV36.8%8.3%85.8%44.0%36.0%
Expected Move7.2%2.4%12.6%12.6%10.3%
HV 20d7.5%6.6%9.4%9.2%7.4%
HV 60d10.7%9.7%12.5%12.5%9.7%
IV Rank25.1%0.0%68.7%31.2%24.6%
IV Percentile68.9%0.0%99.2%95.6%90.5%
Term Structure3.9%-16.6%80.7%-16.6%-10.6%
VWIV46.9%46.9%46.9%46.9%46.9%
Skew 25d4.5%-23.4%29.1%15.2%-9.2%
Skew 10d11.6%-19.6%35.2%30.7%16.0%
Call IV 25d26.9%7.8%42.7%42.7%39.7%
Put IV 25d31.3%9.7%57.9%57.9%30.6%
Bid-Ask Spread %186.80133.96195.25182.13190.62
Gamma HHI1.001.001.001.001.00
Net GEX28901.4K1.1K0
Net DEX-4.7K-20.6K0-16.4K0
Net VEX-4-210-210
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.450810
Total OI2.10980

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$34.62$34.0044.0%12.6%9.2%31.2%46.9%15.2%-16.6%1.1K-16.4K-210.00182.13N/AN/A1080
2019-11-04$34.92$0.0047.0%7.7%9.4%33.9%0.0%7.3%-6.1%1.2K-19.8K-210.00194.84N/AN/A0090
2019-11-05$34.94$0.0048.7%7.7%8.5%35.4%0.0%7.3%-5.7%1.2K-19.8K-200.00195.04N/AN/A0090
2019-11-06$34.99$0.0051.3%7.8%8.2%37.8%0.0%7.2%-6.4%1.4K-20.6K-180.00194.84N/AN/A8090
2019-11-07$35.16$0.0055.5%7.9%8.2%41.5%0.0%7.5%-6.5%135-2.3K-20.00192.83N/AN/A0010
2019-11-08$35.13$0.0058.0%8.1%7.2%43.8%0.0%8.0%-6.9%136-2.3K-20.00194.38N/AN/A0010
2019-11-11$35.10$0.0076.8%7.2%7.0%60.6%0.0%7.6%-0.2%136-2.3K-10.00194.38N/AN/A0010
2019-11-12$35.03$0.0085.8%8.4%6.9%68.7%0.0%7.8%-8.3%140-2.3K-10.00194.29N/AN/A0010
2019-11-13$35.08$0.0020.2%5.8%6.8%9.9%0.0%7.0%10.7%142-2.3K-10.00194.56N/AN/A0010
2019-11-14$35.01$0.0020.5%5.9%6.9%10.2%0.0%28.1%10.5%148-2.3K-10.00194.56N/AN/A0010
2019-11-15$35.11$0.0018.4%5.3%6.7%8.3%0.0%6.9%13.6%0-3.5K00.00189.31N/AN/A0010
2019-11-18$35.21$0.008.3%2.4%6.6%0.0%0.0%1.9%80.7%0000.00133.96N/AN/A0000
2019-11-19$35.20$0.0021.1%6.0%6.6%11.3%0.0%-12.1%13.4%0000.00193.41N/AN/A0000
2019-11-20$34.95$0.0021.9%6.3%7.4%12.1%0.0%-19.5%12.1%0000.00194.96N/AN/A0000
2019-11-21$34.89$0.0022.6%6.5%7.3%12.7%0.0%29.1%11.1%0000.00195.25N/AN/A0000
2019-11-22$35.07$0.0022.3%6.4%7.3%12.4%0.0%-0.2%12.3%0000.00194.56N/AN/A0000
2019-11-25$35.39$0.009.2%2.6%7.6%0.8%0.0%2.1%-1.2%0000.00134.51N/AN/A0000
2019-11-26$35.52$0.0034.1%9.8%7.5%22.9%0.0%10.8%-8.9%0000.00188.34N/AN/A0000
2019-11-27$35.68$0.0034.4%9.9%7.5%23.2%0.0%-23.4%-9.2%0000.00189.26N/AN/A0000
2019-11-29$35.52$0.0036.0%10.3%7.4%24.6%0.0%-9.2%-10.6%0000.00190.62N/AN/A0000