IHDG Options History — December 2024

In December 2024, IHDG traded between $43.45 and $45.47. ATM implied volatility averaged 41.4%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 30.6% (HV 20d: 10.8%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2024-12-11: Largest IV drop — 44.2% change
  • 2024-12-10: Highest IV Rank — 42.8%
  • 2024-12-03: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.53$43.45$45.47$44.72$43.45
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV41.4%27.3%62.6%45.3%33.8%
Expected Move10.6%7.8%17.0%13.0%9.7%
HV 20d10.8%9.2%12.2%11.8%9.5%
HV 60d11.7%11.1%12.1%12.1%11.1%
IV Rank29.2%14.1%42.8%25.9%26.2%
IV Percentile75.5%38.9%96.4%90.9%65.5%
Term Structure-6.7%-18.3%-3.6%-9.1%-11.1%
Skew 25d23.2%-1.5%44.8%41.8%-1.5%
Skew 10d31.1%-4.0%58.0%49.0%-4.0%
Call IV 25d35.5%10.3%69.4%44.2%41.1%
Put IV 25d58.8%35.5%88.8%86.0%39.6%
Bid-Ask Spread %192.50177.94199.54194.79177.94
Gamma HHI0.570.351.000.351.00
Net GEX300146386330279
Net DEX-5.9K-8.9K-2.1K-6.6K-2.1K
Net VEX-24-39-11-39-11
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI6.2862882

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$44.72$42.0045.3%13.0%11.8%25.9%0.0%41.8%-9.1%330-6.6K-390.00194.79N/AN/A0053
2024-12-03$45.09$42.0059.5%17.0%12.0%39.7%0.0%19.4%-18.3%252-7.5K-380.00199.54N/AN/A0053
2024-12-04$45.34$42.0050.4%14.4%12.1%30.9%0.0%6.0%-10.5%365-8.7K-360.00197.25N/AN/A0053
2024-12-05$45.24$0.0051.8%9.3%12.2%32.2%0.0%27.4%-4.4%357-8.4K-350.00199.17N/AN/A0053
2024-12-06$45.36$0.0053.1%9.4%11.6%33.5%0.0%41.5%-4.5%376-8.7K-350.00199.17N/AN/A0053
2024-12-09$45.47$0.0061.4%9.9%10.6%41.6%0.0%44.8%-4.5%377-8.9K-320.00199.18N/AN/A0053
2024-12-10$45.21$0.0062.6%9.5%10.8%42.8%0.0%26.7%-3.6%367-8.3K-310.00197.38N/AN/A0053
2024-12-11$45.45$0.0034.9%10.0%9.2%15.7%0.0%28.3%-4.7%386-8.8K-310.00197.40N/AN/A0053
2024-12-12$44.97$0.0033.2%9.5%10.1%14.1%0.0%27.2%-3.8%363-7.6K-300.00197.13N/AN/A0053
2024-12-13$44.86$0.0033.2%9.5%10.2%25.3%0.0%28.1%-4.5%335-7.2K-280.00195.32N/AN/A0053
2024-12-16$44.67$0.0034.3%9.8%9.6%27.2%0.0%29.0%-4.8%344-6.6K-250.00195.18N/AN/A0053
2024-12-17$44.59$0.0034.6%9.9%9.7%27.7%0.0%28.9%-5.0%316-6.5K-240.00194.63N/AN/A0053
2024-12-18$44.04$0.0037.4%10.7%10.8%32.5%0.0%26.6%-5.0%156-5.7K-210.00195.04N/AN/A0053
2024-12-19$44.08$0.0038.3%11.0%10.8%34.1%0.0%26.7%-5.7%146-6.0K-190.00194.13N/AN/A0053
2024-12-20$43.55$0.0037.3%10.7%11.7%32.3%0.0%28.2%-4.7%218-3.0K-130.00189.98N/AN/A0053
2024-12-23$43.85$0.0039.7%11.4%11.3%36.5%0.0%30.3%-7.1%226-3.1K-130.00191.27N/AN/A0020
2024-12-24$44.03$0.0040.6%11.6%11.4%38.1%0.0%31.1%-6.3%241-3.1K-130.00191.38N/AN/A0020
2024-12-26$43.90$0.0027.3%7.8%11.0%14.9%0.0%-0.3%-6.6%302-2.5K-120.00179.22N/AN/A0020
2024-12-27$43.70$0.0028.9%8.3%11.1%17.6%0.0%-1.3%-7.3%289-2.4K-110.00179.30N/AN/A0020
2024-12-30$43.55$0.0032.2%9.2%10.2%23.4%0.0%-1.3%-9.9%282-2.2K-110.00178.15N/AN/A0020
2024-12-31$43.45$0.0033.8%9.7%9.5%26.2%0.0%-1.5%-11.1%279-2.1K-110.00177.94N/AN/A0020