IHDG Options History — June 2025

In June 2025, IHDG traded between $44.26 and $45.97. ATM implied volatility averaged 29.5%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 17.5% (HV 20d: 12.0%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2025-06-11: Largest IV drop — 36.6% change
  • 2025-06-10: Highest IV Rank — 23.3%
  • 2025-06-04: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.29$44.26$45.97$45.36$45.06
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV29.5%23.2%36.6%31.8%31.1%
Expected Move7.8%6.5%9.7%9.1%8.9%
HV 20d12.0%10.6%13.7%13.7%12.5%
HV 60d30.0%29.8%30.6%30.6%30.2%
IV Rank13.6%5.2%23.3%17.3%15.8%
IV Percentile40.6%3.2%72.2%53.6%50.8%
Term Structure-5.4%-11.6%-2.2%-9.0%-4.1%
Skew 25d0.9%-6.2%16.5%-0.3%0.6%
Skew 10d6.3%-0.9%24.4%7.0%3.3%
Call IV 25d31.8%11.9%40.7%38.6%36.4%
Put IV 25d32.7%27.7%40.6%38.4%37.0%
Bid-Ask Spread %180.73167.47184.03167.79182.57
Gamma HHI0.690.521.000.521.00
Net GEX1.1K4711.5K1.3K672
Net DEX-10.5K-14.7K-4.6K-13.0K-4.6K
Net VEX-29-39-17-39-17
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI5.83773

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$45.36$47.0031.8%9.1%13.7%17.3%0.0%-0.3%-9.0%1.3K-13.0K-390.00167.79N/AN/A0070
2025-06-03$45.27$47.0032.1%9.2%13.7%17.2%0.0%-0.1%-10.1%1.3K-12.7K-390.00167.65N/AN/A0070
2025-06-04$45.41$47.0034.0%9.7%13.1%19.7%0.0%-0.1%-11.6%1.3K-13.1K-380.00167.47N/AN/A0070
2025-06-05$45.41$0.0034.1%6.8%13.1%19.8%0.0%1.0%-3.1%1.3K-13.1K-370.00183.71N/AN/A0070
2025-06-06$45.70$0.0032.4%6.7%13.2%17.6%0.0%0.9%-2.9%1.4K-13.9K-380.00184.03N/AN/A0070
2025-06-09$45.69$0.0036.1%6.5%13.1%22.6%0.0%0.8%-3.3%1.4K-13.8K-350.00183.37N/AN/A0070
2025-06-10$45.97$0.0036.6%6.6%11.3%23.3%0.0%1.0%-3.5%1.5K-14.7K-350.00183.09N/AN/A0070
2025-06-11$45.81$0.0023.2%6.7%11.4%5.2%0.0%16.5%-2.5%1.4K-14.1K-340.00183.64N/AN/A0070
2025-06-12$45.78$0.0023.3%6.7%10.8%5.3%0.0%0.7%-3.2%1.4K-14.0K-330.00183.05N/AN/A0070
2025-06-13$45.21$0.0025.2%7.2%11.6%7.9%0.0%0.4%-4.3%1.3K-12.5K-320.00183.87N/AN/A0070
2025-06-16$45.41$0.0025.8%7.4%11.5%8.7%0.0%0.4%-4.0%1.4K-12.7K-290.00183.64N/AN/A0070
2025-06-17$45.25$0.0026.3%7.5%11.6%9.3%0.0%0.2%-4.1%1.4K-12.2K-280.00183.65N/AN/A0070
2025-06-18$45.25$0.0025.9%7.4%11.6%8.9%0.0%-6.2%-10.2%1.4K-12.1K-260.00181.43N/AN/A0070
2025-06-20$44.86$0.0027.0%7.7%11.0%10.3%0.0%-0.1%-5.5%510-5.7K-210.00184.00N/AN/A0070
2025-06-23$45.09$0.0027.4%7.9%11.1%10.9%0.0%0.8%-5.4%471-6.1K-200.00183.99N/AN/A0030
2025-06-24$45.28$0.0028.7%8.2%10.6%12.6%0.0%0.7%-5.6%552-6.1K-200.00182.73N/AN/A0030
2025-06-25$44.26$0.0030.4%8.7%11.2%14.9%0.0%0.4%-6.4%545-5.1K-190.00181.37N/AN/A0030
2025-06-26$44.55$0.0028.4%8.2%11.4%12.2%0.0%0.5%-6.4%512-5.6K-190.00181.51N/AN/A0030
2025-06-27$45.16$0.0029.2%8.4%12.5%13.3%0.0%0.6%-2.2%629-4.9K-180.00181.97N/AN/A0030
2025-06-30$45.06$0.0031.1%8.9%12.5%15.8%0.0%0.6%-4.1%672-4.6K-170.00182.57N/AN/A0030