IHDG Options History — July 2020

In July 2020, IHDG traded between $34.73 and $36.25. ATM implied volatility averaged 66.4%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 53.2% (HV 20d: 13.3%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2020-07-23: Largest IV spike — 85.6% change
  • 2020-07-01: Highest IV Rank — 100.0%
  • 2020-07-01: Largest Expected Move — 50.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.76$34.73$36.25$35.20$34.73
ATM IV66.4%22.6%174.2%174.2%48.0%
Expected Move16.5%6.5%50.0%50.0%13.8%
HV 20d13.3%9.4%18.6%18.5%13.0%
HV 60d17.5%15.8%19.1%19.1%16.7%
IV Rank35.0%8.6%100.0%100.0%23.9%
IV Percentile73.7%16.7%100.0%100.0%68.7%
Term Structure-13.3%-75.8%-1.7%-75.8%-12.3%
Skew 25d4.7%-33.2%34.5%32.1%-0.5%
Skew 10d26.0%-11.3%95.9%39.3%16.6%
Call IV 25d61.1%44.8%114.0%109.7%57.7%
Put IV 25d65.8%20.1%148.5%141.7%57.2%
Bid-Ask Spread %162.51144.28198.49198.49155.25
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$35.20$0.00174.2%50.0%18.5%100.0%0.0%32.1%-75.8%0000.00198.49N/AN/A0000
2020-07-02$35.51$0.0082.3%23.6%18.5%44.6%0.0%-33.2%-7.1%0000.00193.66N/AN/A0000
2020-07-06$35.85$0.0081.6%21.2%18.5%44.1%0.0%22.6%-15.0%0000.00173.01N/AN/A0000
2020-07-07$35.63$0.00101.7%29.2%18.6%56.3%0.0%34.5%-43.3%0000.00176.16N/AN/A0000
2020-07-08$35.66$0.00107.2%27.2%18.1%59.6%0.0%31.4%-33.5%0000.00159.74N/AN/A0000
2020-07-09$35.53$0.0073.3%12.5%18.2%39.1%0.0%7.0%-5.8%0000.00162.85N/AN/A0000
2020-07-10$35.76$0.0076.3%12.3%13.1%40.9%0.0%7.3%-4.5%0000.00162.79N/AN/A0000
2020-07-13$35.61$0.0094.2%12.5%12.2%51.8%0.0%7.1%-6.0%0000.00160.84N/AN/A0000
2020-07-14$35.84$0.00109.6%12.7%12.1%61.0%0.0%8.3%-5.4%0000.00161.32N/AN/A0000
2020-07-15$36.16$0.0044.3%12.7%11.8%21.7%0.0%8.5%-6.0%0000.00159.68N/AN/A0000
2020-07-16$35.89$0.0044.5%12.8%11.5%21.8%0.0%7.3%-5.1%0000.00160.63N/AN/A0000
2020-07-17$35.98$0.0044.0%12.6%11.5%21.5%0.0%7.5%-4.5%0000.00161.27N/AN/A0000
2020-07-20$36.24$0.0045.2%13.0%11.6%22.2%0.0%7.4%-5.1%0000.00157.60N/AN/A0000
2020-07-21$36.18$0.0044.8%12.8%11.5%22.0%0.0%-0.8%-5.5%0000.00155.83N/AN/A0000
2020-07-22$36.25$0.0022.6%6.5%11.3%8.6%0.0%-20.1%-1.7%0000.00144.28N/AN/A0000
2020-07-23$36.07$0.0042.0%12.0%9.4%20.3%0.0%4.3%-7.8%0000.00154.46N/AN/A0000
2020-07-24$35.64$0.0042.3%12.1%10.0%20.5%0.0%3.1%-8.0%0000.00154.47N/AN/A0000
2020-07-27$35.99$0.0044.7%12.8%10.1%21.9%0.0%-5.0%-9.2%0000.00154.43N/AN/A0000
2020-07-28$35.85$0.0044.3%12.7%10.2%21.7%0.0%-32.2%-9.7%0000.00156.09N/AN/A0000
2020-07-29$35.92$0.0045.2%13.0%10.2%22.2%0.0%3.5%-10.1%0000.00155.82N/AN/A0000
2020-07-30$35.31$0.0049.4%14.2%12.1%24.8%0.0%4.4%-12.5%0000.00156.53N/AN/A0000
2020-07-31$34.73$0.0048.0%13.8%13.0%23.9%0.0%-0.5%-12.3%0000.00155.25N/AN/A0000