IHDG Options History — April 2025

In April 2025, IHDG traded between $38.13 and $43.45. ATM implied volatility averaged 42.6%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 2.7% (HV 20d: 39.8%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2025-04-07: Largest IV spike — 47.9% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-07: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.38$38.13$43.45$43.45$43.38
ATM IV42.6%29.7%93.6%36.6%34.5%
Expected Move10.2%7.3%13.6%7.3%9.9%
HV 20d39.8%15.7%49.6%16.1%49.5%
HV 60d25.3%12.5%30.2%12.5%30.2%
IV Rank34.1%14.7%100.0%31.1%21.1%
IV Percentile72.7%48.0%100.0%75.0%67.1%
Term Structure-11.5%-21.5%-5.9%-11.8%-9.5%
Skew 25d0.1%-9.4%2.3%-0.1%-0.2%
Skew 10d-3.4%-21.9%4.7%-4.7%-0.3%
Call IV 25d42.9%27.5%68.4%42.6%43.1%
Put IV 25d43.0%28.9%59.0%42.5%42.9%
Bid-Ask Spread %168.52160.52186.84174.20162.30
Gamma HHI1.001.001.001.001.00
Net GEX287166403399388
Net DEX-3.5K-4.8K-2.1K-4.8K-4.6K
Net VEX-24-30-18-30-26
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$43.45$0.0036.6%7.3%16.1%31.1%0.0%-0.1%-11.8%399-4.8K-300.00174.20N/AN/A0030
2025-04-02$43.44$0.0037.4%7.3%15.7%32.6%0.0%1.4%-5.9%403-4.8K-300.00173.90N/AN/A0030
2025-04-03$41.70$0.0053.5%10.2%20.3%60.7%0.0%-2.9%-9.9%274-4.0K-260.00179.65N/AN/A0030
2025-04-04$39.95$0.0063.3%11.3%24.2%77.7%0.0%-3.2%-14.7%221-2.8K-220.00171.16N/AN/A0030
2025-04-07$38.97$0.0093.6%13.6%23.9%100.0%0.0%-9.4%-21.2%178-3.0K-230.00182.83N/AN/A0030
2025-04-08$38.13$0.0080.9%12.9%24.5%83.0%0.0%0.0%-14.5%166-2.1K-180.00168.88N/AN/A0030
2025-04-09$41.64$0.0045.3%13.0%41.9%35.5%0.0%1.3%-21.5%245-4.3K-270.00186.84N/AN/A0030
2025-04-10$39.45$0.0044.8%12.9%45.6%34.8%0.0%2.2%-21.5%199-2.8K-210.00172.34N/AN/A0030
2025-04-11$40.38$0.0032.7%9.4%45.8%18.6%0.0%2.3%-9.5%244-2.7K-220.00160.52N/AN/A0030
2025-04-14$40.89$0.0029.7%8.5%46.0%14.7%0.0%1.8%-8.4%266-2.9K-220.00161.43N/AN/A0030
2025-04-15$41.14$0.0030.1%8.6%46.2%15.1%0.0%0.7%-8.6%276-3.1K-230.00161.44N/AN/A0030
2025-04-16$40.48$0.0043.5%12.5%46.2%33.0%0.0%0.6%-19.2%231-3.2K-230.00174.28N/AN/A0030
2025-04-17$41.09$0.0041.8%12.0%46.8%30.8%0.0%-1.2%-8.5%249-3.6K-240.00175.05N/AN/A0030
2025-04-21$40.13$0.0033.2%9.5%47.3%19.2%0.0%2.1%-7.5%236-2.3K-190.00160.74N/AN/A0030
2025-04-22$41.30$0.0033.8%9.7%48.8%20.1%0.0%1.3%-9.7%285-3.1K-230.00161.63N/AN/A0030
2025-04-23$42.05$0.0031.5%9.0%49.3%17.0%0.0%1.8%-6.9%322-3.6K-240.00162.18N/AN/A0030
2025-04-24$42.53$0.0031.3%9.0%49.5%16.7%0.0%1.8%-7.6%345-4.0K-240.00161.82N/AN/A0030
2025-04-25$42.88$0.0030.4%8.7%49.6%15.6%0.0%0.9%-7.2%362-4.2K-260.00162.59N/AN/A0030
2025-04-28$42.85$0.0032.5%9.3%49.4%18.4%0.0%0.4%-10.0%364-4.2K-250.00162.72N/AN/A0030
2025-04-29$43.14$0.0033.3%9.6%49.5%19.5%0.0%0.1%-8.9%377-4.4K-250.00162.32N/AN/A0030
2025-04-30$43.38$0.0034.5%9.9%49.5%21.1%0.0%-0.2%-9.5%388-4.6K-260.00162.30N/AN/A0030