IHDG Options History — August 2021

In August 2021, IHDG traded between $45.26 and $46.39. ATM implied volatility averaged 25.9%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 16.5% (HV 20d: 9.5%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 4 of 22 days.

Notable Days

  • 2021-08-09: Largest IV spike — 230.9% change
  • 2021-08-09: Highest IV Rank — 20.7%
  • 2021-08-04: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.84$45.26$46.39$45.45$45.76
ATM IV25.9%11.7%49.4%30.5%29.1%
Expected Move6.8%3.3%8.8%8.7%8.3%
HV 20d9.5%6.7%13.8%13.6%6.7%
HV 60d9.6%9.2%10.1%10.1%9.7%
IV Rank7.4%0.0%20.7%8.1%10.2%
IV Percentile18.0%0.0%75.0%29.4%32.1%
Term Structure-3.9%-9.1%3.3%-7.6%-7.8%
Skew 25d9.0%1.4%26.2%2.8%15.4%
Skew 10d12.7%-5.5%33.9%12.7%8.5%
Call IV 25d21.1%11.7%37.4%35.6%22.2%
Put IV 25d30.1%13.4%39.9%38.5%37.6%
Bid-Ask Spread %172.57159.17185.36160.13177.91
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
2021-08-02$45.45$0.0030.5%8.7%13.6%8.1%0.0%2.8%-7.6%0000.00160.13N/AN/A0000
2021-08-03$45.82$0.0029.7%8.5%13.8%7.6%0.0%2.5%-8.3%0000.00159.73N/AN/A0000
2021-08-04$45.98$0.0030.6%8.8%13.3%8.2%0.0%2.5%-9.1%0000.00159.17N/AN/A0000
2021-08-05$46.04$0.0031.2%6.3%11.7%8.6%0.0%12.2%-3.7%0000.00177.86N/AN/A0000
2021-08-06$45.85$0.0014.9%3.3%10.9%0.0%0.0%1.7%1.0%0000.00161.73N/AN/A0000
2021-08-09$46.05$0.0049.4%8.7%10.6%20.7%0.0%26.2%-6.4%0000.00185.36N/AN/A0000
2021-08-10$46.19$0.0035.7%6.3%10.6%12.4%0.0%12.4%-4.1%0000.00178.08N/AN/A0000
2021-08-11$46.37$0.0022.3%6.4%10.7%4.4%0.0%13.3%-3.7%0000.00177.71N/AN/A0000
2021-08-12$46.36$0.0022.4%6.4%10.5%4.5%0.0%13.0%-3.6%0000.00176.81N/AN/A0000
2021-08-13$46.39$0.0011.7%3.4%10.1%0.0%0.0%1.5%0.1%0000.00161.94N/AN/A0000
2021-08-16$46.24$0.0022.9%6.6%8.1%6.6%0.0%12.4%-4.5%0000.00176.06N/AN/A0000
2021-08-17$45.96$0.0023.4%6.7%7.9%6.9%0.0%9.6%-4.4%0000.00176.46N/AN/A0000
2021-08-18$45.57$0.0024.0%6.9%8.3%7.2%0.0%6.5%-5.7%0000.00177.75N/AN/A0000
2021-08-19$45.26$0.0026.1%7.5%8.7%8.4%0.0%6.2%3.3%0000.00177.41N/AN/A0000
2021-08-20$45.38$0.0026.0%7.4%8.1%8.4%0.0%6.2%3.2%0000.00178.94N/AN/A0000
2021-08-23$45.62$0.0025.0%7.2%8.3%7.8%0.0%14.0%-4.2%0000.00177.63N/AN/A0000
2021-08-24$45.65$0.0018.3%5.3%7.7%3.9%0.0%5.3%-3.0%0000.00160.78N/AN/A0000
2021-08-25$45.58$0.0026.1%7.5%6.9%8.4%0.0%5.8%-5.0%0000.00178.69N/AN/A0000
2021-08-26$45.42$0.0027.9%8.0%7.0%9.5%0.0%11.5%-5.3%0000.00177.65N/AN/A0000
2021-08-27$45.65$0.0015.0%4.3%7.2%1.9%0.0%1.4%-1.1%0000.00160.65N/AN/A0000
2021-08-30$45.86$0.0027.6%7.9%7.3%9.3%0.0%15.9%-6.0%0000.00178.10N/AN/A0000
2021-08-31$45.76$0.0029.1%8.3%6.7%10.2%0.0%15.4%-7.8%0000.00177.91N/AN/A0000