IHDG Options History — November 2025

In November 2025, IHDG traded between $46.06 and $48.18. ATM implied volatility averaged 34.0%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 22.2% (HV 20d: 11.8%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2025-11-28: Largest IV spike — 42.2% change
  • 2025-11-28: Highest IV Rank — 44.9%
  • 2025-11-28: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.11$46.06$48.18$47.20$47.73
ATM IV34.0%22.1%52.3%28.7%52.3%
Expected Move9.1%6.1%15.0%8.2%15.0%
HV 20d11.8%9.1%14.3%11.7%14.3%
HV 60d11.2%10.0%12.3%10.0%12.2%
IV Rank20.4%4.4%44.9%13.3%44.9%
IV Percentile63.3%2.4%93.7%44.0%93.7%
Term Structure-7.0%-33.3%-3.6%-6.5%-33.3%
Skew 25d26.3%-20.7%63.1%-18.9%63.1%
Skew 10d30.3%-23.0%68.2%-20.9%68.2%
Call IV 25d19.3%8.2%35.8%33.5%12.1%
Put IV 25d45.7%14.6%75.3%14.6%75.3%
Bid-Ask Spread %183.89143.32197.14145.04197.05
Gamma HHI1.001.001.001.001.00
Net GEX-110-126-93-115-93
Net DEX1.3K9891.9K1.1K1.3K
Net VEX-11-11-10-11-11
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$47.20$0.0028.7%8.2%11.7%13.3%0.0%-18.9%-6.5%-1151.1K-110.00145.04N/AN/A0001
2025-11-04$46.87$0.0029.4%8.4%11.7%14.2%0.0%-19.6%-8.0%-1181.2K-110.00145.20N/AN/A0001
2025-11-05$47.17$0.0029.2%8.4%11.9%14.0%0.0%-20.7%-7.5%-1091.2K-110.00143.32N/AN/A0001
2025-11-06$46.72$0.0030.0%6.1%12.3%15.0%0.0%2.0%-4.4%-1201.2K-110.00184.54N/AN/A0001
2025-11-07$46.82$0.0031.0%6.1%9.1%16.4%0.0%17.8%-3.8%-1211.2K-100.00183.40N/AN/A0001
2025-11-10$47.39$0.0034.3%6.3%9.1%20.8%0.0%18.6%-4.7%-1141.1K-100.00183.54N/AN/A0001
2025-11-11$47.84$0.0034.7%6.1%9.5%21.4%0.0%3.6%-3.6%-108989-100.00182.62N/AN/A0001
2025-11-12$48.18$0.0022.1%6.3%9.7%4.4%0.0%3.8%-5.1%-1001.0K-100.00180.36N/AN/A0001
2025-11-13$47.53$0.0030.7%8.8%11.1%16.0%0.0%45.6%-4.9%-1041.2K-100.00197.14N/AN/A0001
2025-11-14$47.41$0.0033.0%9.5%11.2%19.1%0.0%45.8%-4.6%-1011.2K-110.00196.84N/AN/A0001
2025-11-17$46.82$0.0034.1%9.8%11.6%20.6%0.0%48.3%-6.8%-1261.9K-100.00194.45N/AN/A0001
2025-11-18$46.38$0.0036.1%10.3%12.0%23.2%0.0%28.4%-6.4%-1111.4K-110.00193.63N/AN/A0001
2025-11-19$46.70$0.0034.6%9.9%12.1%21.1%0.0%49.5%-6.8%-1071.4K-110.00194.31N/AN/A0001
2025-11-20$46.06$0.0037.5%10.8%12.5%25.1%0.0%37.3%-5.4%-1131.5K-110.00194.60N/AN/A0001
2025-11-21$46.75$0.0035.8%10.3%13.7%22.7%0.0%51.4%-5.0%-1071.4K-110.00193.66N/AN/A0001
2025-11-24$46.74$0.0037.3%10.7%13.5%24.8%0.0%32.3%-6.0%-1071.4K-110.00193.69N/AN/A0001
2025-11-25$47.14$0.0038.5%11.0%13.8%26.4%0.0%55.6%-5.6%-1041.3K-110.00193.71N/AN/A0001
2025-11-26$47.64$0.0036.8%10.6%14.3%24.2%0.0%56.6%-5.2%-1031.2K-100.00196.81N/AN/A0001
2025-11-28$47.73$0.0052.3%15.0%14.3%44.9%0.0%63.1%-33.3%-931.3K-110.00197.05N/AN/A0001