IHDG Options History — June 2023

In June 2023, IHDG traded between $39.34 and $40.61. ATM implied volatility averaged 54.6%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 42.8% (HV 20d: 11.8%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-06-20: Highest Volume — 2 contracts
  • 2023-06-14: Largest IV drop — 69.6% change
  • 2023-06-13: Highest IV Rank — 52.0%
  • 2023-06-01: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.00$39.34$40.61$39.45$40.16
Max Pain$41.00$41.00$41.00$41.00$41.00
ATM IV54.6%33.0%123.6%58.3%37.9%
Expected Move11.0%9.5%16.7%16.7%10.9%
HV 20d11.8%10.4%12.8%10.7%10.9%
HV 60d10.7%9.9%12.2%11.7%10.1%
IV Rank20.5%10.6%52.0%22.2%12.8%
IV Percentile52.4%11.9%98.4%82.9%24.2%
Term Structure-1.7%-19.1%10.9%-12.3%10.9%
VWIV26.7%26.7%26.7%26.7%26.7%
Skew 25d12.7%-28.9%47.7%47.7%-28.9%
Skew 10d25.7%-29.8%60.7%49.9%36.4%
Call IV 25d36.0%30.0%52.9%52.9%38.6%
Put IV 25d48.7%9.7%100.6%100.6%9.7%
Bid-Ask Spread %172.19161.28179.33172.12161.28
Gamma HHI0.870.521.001.000.54
Net GEX2380397246159
Net DEX-2.4K-3.8K0-3.2K-266
Net VEX-10-290-6-28
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.190200
Total OI2.3330424

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$39.45$41.0058.3%16.7%10.7%22.2%0.0%47.7%-12.3%246-3.2K-60.00172.12N/AN/A0020
2023-06-02$40.14$41.0057.2%16.4%12.5%21.6%0.0%-12.0%-12.9%278-3.7K-60.00170.65N/AN/A0020
2023-06-05$39.91$0.0062.9%9.5%12.1%24.3%0.0%26.4%-1.6%319-3.3K-50.00177.52N/AN/A0020
2023-06-06$40.11$0.0066.8%9.7%12.3%26.0%0.0%27.0%-2.5%264-3.7K-50.00177.24N/AN/A0020
2023-06-07$39.91$0.0070.1%9.8%12.2%27.5%0.0%27.4%-2.3%252-3.5K-50.00164.24N/AN/A0020
2023-06-08$39.95$0.0073.8%9.8%12.1%29.2%0.0%32.5%-2.9%397-3.1K-50.00169.84N/AN/A0020
2023-06-09$39.91$0.0078.3%9.8%12.0%31.3%0.0%32.6%-3.0%389-3.1K-40.00170.23N/AN/A0020
2023-06-12$40.28$0.00105.2%10.4%12.4%43.6%0.0%28.9%-3.1%339-3.6K-30.00168.71N/AN/A0020
2023-06-13$40.44$0.00123.6%10.6%12.5%52.0%0.0%-21.1%-3.3%342-3.7K-30.00173.29N/AN/A0020
2023-06-14$40.39$0.0037.6%10.8%12.3%12.7%0.0%30.7%-3.6%280-3.8K-20.00175.93N/AN/A0020
2023-06-15$40.52$0.0034.6%9.9%12.3%11.3%0.0%-20.3%-19.1%337-3.8K-20.00177.21N/AN/A0020
2023-06-16$40.61$0.0035.9%10.3%12.3%11.9%0.0%31.6%-3.7%48-400.00168.97N/AN/A0020
2023-06-20$40.22$0.0040.2%11.5%12.7%13.8%26.7%32.5%-3.8%0000.00179.33N/AN/A2000
2023-06-21$39.97$41.0040.4%11.6%12.8%14.0%0.0%11.4%-5.7%297-3.4K-90.00165.75N/AN/A0020
2023-06-22$39.91$41.0033.0%9.5%11.6%10.6%0.0%10.8%8.9%306-3.3K-90.00174.21N/AN/A0120
2023-06-23$39.76$41.0033.6%9.6%11.1%10.9%0.0%-15.3%8.2%179-1.7K-180.00169.57N/AN/A0021
2023-06-26$39.34$41.0046.2%13.2%11.7%16.6%0.0%37.0%-6.5%154-1.5K-180.00179.23N/AN/A0021
2023-06-27$39.56$41.0036.3%10.4%11.4%12.1%0.0%-24.1%6.2%221-1.4K-170.00173.16N/AN/A0121
2023-06-28$39.72$41.0037.0%10.6%10.6%12.4%0.0%-27.6%8.0%108-101-290.00172.98N/AN/A0022
2023-06-29$39.75$41.0037.8%10.8%10.4%12.8%0.0%39.0%7.9%83-243-290.00174.57N/AN/A0022
2023-06-30$40.16$41.0037.9%10.9%10.9%12.8%0.0%-28.9%10.9%159-266-280.00161.28N/AN/A0022