IHDG Options History — May 2022

In May 2022, IHDG traded between $38.94 and $41.79. ATM implied volatility averaged 44.9%, placing in the 35.6% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 22.3% (HV 20d: 22.7%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2022-05-24: Largest IV spike — 44.5% change
  • 2022-05-09: Highest IV Rank — 78.8%
  • 2022-05-09: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.39$38.94$41.79$41.34$41.55
ATM IV44.9%28.3%85.3%41.5%43.5%
Expected Move11.7%8.1%15.4%11.9%12.5%
HV 20d22.7%17.0%26.4%17.5%23.8%
HV 60d21.3%20.2%22.2%20.2%20.5%
IV Rank35.6%17.8%78.8%31.9%34.0%
IV Percentile79.7%37.3%99.2%83.3%83.7%
Term Structure-7.9%-13.4%2.3%-9.9%-13.2%
Skew 25d9.2%-1.3%21.6%3.7%2.6%
Skew 10d3.4%-6.0%10.5%2.6%10.5%
Call IV 25d38.8%19.0%58.7%39.4%50.6%
Put IV 25d47.9%36.3%62.4%43.1%53.2%
Bid-Ask Spread %157.23145.95171.87145.95164.95
Gamma HHI1.001.001.001.001.00
Net GEX-880-1.0K-661-957-831
Net DEX19.8K18.1K21.2K19.1K18.2K
Net VEX-113-120-110-120-110
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1010101010

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$41.34$0.0041.5%11.9%17.5%31.9%0.0%3.7%-9.9%-95719.1K-1200.00145.95N/AN/A00010
2022-05-03$41.37$0.0042.0%12.0%17.0%32.5%0.0%6.6%-6.3%-98918.5K-1190.00150.42N/AN/A00010
2022-05-04$41.79$0.0044.3%12.7%17.3%34.9%0.0%3.2%-8.8%-1.0K18.5K-1190.00153.60N/AN/A00010
2022-05-05$40.60$0.0052.9%10.7%19.6%44.1%0.0%1.8%-5.9%-75718.1K-1160.00153.81N/AN/A00010
2022-05-06$40.16$0.0063.0%13.1%19.5%54.9%0.0%2.6%-13.4%-91220.8K-1150.00157.05N/AN/A00010
2022-05-09$38.94$0.0085.3%15.4%21.8%78.8%0.0%-1.3%-9.4%-66120.7K-1100.00151.20N/AN/A00010
2022-05-10$39.34$0.0062.8%11.3%22.2%54.7%0.0%14.0%-0.5%-77320.2K-1110.00148.63N/AN/A00010
2022-05-11$39.21$0.0046.8%13.4%22.2%37.6%0.0%15.7%-9.5%-69119.9K-1100.00149.89N/AN/A00010
2022-05-12$39.08$0.0041.7%11.9%21.5%32.1%0.0%11.2%-9.2%-81421.2K-1100.00146.67N/AN/A00010
2022-05-13$40.19$0.0034.5%9.9%24.3%24.4%0.0%15.7%-7.4%-90020.6K-1130.00147.53N/AN/A00010
2022-05-16$40.15$0.0040.6%11.6%24.4%30.9%0.0%8.6%-9.5%-83420.6K-1120.00155.50N/AN/A00010
2022-05-17$40.85$0.0037.8%10.8%25.3%27.9%0.0%3.0%-10.1%-90919.3K-1140.00169.87N/AN/A00010
2022-05-18$39.87$0.0042.0%12.0%26.4%32.4%0.0%6.8%-7.6%-86420.7K-1110.00164.00N/AN/A00010
2022-05-19$39.83$0.0038.9%11.1%25.6%29.0%0.0%21.6%-11.3%-95320.8K-1110.00171.01N/AN/A00010
2022-05-20$40.17$0.0034.0%9.7%25.8%23.8%0.0%19.7%-3.5%-99321.0K-1110.00150.52N/AN/A00010
2022-05-23$40.60$0.0028.3%8.1%26.1%17.8%0.0%19.4%2.3%-86518.7K-1110.00148.67N/AN/A00010
2022-05-24$40.41$0.0040.9%11.7%24.9%31.3%0.0%20.5%-9.4%-95720.3K-1110.00165.44N/AN/A00010
2022-05-25$40.50$0.0043.1%12.4%23.9%33.6%0.0%11.0%-10.5%-92919.9K-1110.00171.87N/AN/A00010
2022-05-26$40.89$0.0040.5%11.6%23.5%30.8%0.0%2.9%-5.4%-93819.5K-1110.00171.79N/AN/A00010
2022-05-27$41.37$0.0039.3%11.3%23.8%29.5%0.0%2.7%-7.9%-94518.8K-1120.00163.47N/AN/A00010
2022-05-31$41.55$0.0043.5%12.5%23.8%34.0%0.0%2.6%-13.2%-83118.2K-1100.00164.95N/AN/A00010