IHDG Options History — January 2026

In January 2026, IHDG traded between $49.20 and $50.92. ATM implied volatility averaged 30.2%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 19.3% (HV 20d: 11.0%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2026-01-14: Largest IV drop — 61.0% change
  • 2026-01-13: Highest IV Rank — 49.1%
  • 2026-01-02: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.26$49.20$50.92$49.20$50.11
ATM IV30.2%21.6%55.5%29.9%26.6%
Expected Move6.6%5.7%8.6%8.6%7.6%
HV 20d11.0%8.7%13.3%9.5%12.9%
HV 60d11.6%10.7%12.1%11.8%12.1%
IV Rank15.4%3.9%49.1%14.9%10.5%
IV Percentile41.9%2.0%95.6%56.0%34.5%
Term Structure-3.9%-8.1%-2.3%-8.1%-5.8%
Skew 25d1.6%1.2%2.6%1.2%1.3%
Skew 10d1.9%-11.1%10.7%10.7%-5.5%
Call IV 25d27.3%22.7%37.9%37.9%31.7%
Put IV 25d28.9%25.3%39.2%39.2%33.0%
Bid-Ask Spread %166.07163.67176.79176.79164.48
Gamma HHI1.001.001.001.001.00
Net GEX-77-91-69-91-81
Net DEX581480766702766
Net VEX-6-7-5-6-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$49.20$0.0029.9%8.6%9.5%14.9%0.0%1.2%-8.1%-91702-60.00176.79N/AN/A0001
2026-01-05$49.52$0.0034.0%5.7%9.2%20.4%0.0%2.6%-2.8%-87689-60.00168.37N/AN/A0001
2026-01-06$49.91$0.0033.7%5.8%9.2%20.0%0.0%1.5%-3.0%-81582-60.00168.37N/AN/A0001
2026-01-07$49.78$0.0035.9%6.0%9.3%23.0%0.0%1.3%-3.3%-83605-60.00168.62N/AN/A0001
2026-01-08$49.94$0.0036.8%6.0%8.8%24.2%0.0%1.5%-3.4%-81612-60.00167.90N/AN/A0001
2026-01-09$50.58$0.0040.0%5.8%9.5%28.3%0.0%2.5%-3.3%-73528-50.00164.64N/AN/A0001
2026-01-12$50.90$0.0049.9%6.0%9.4%41.6%0.0%1.5%-4.1%-69500-50.00165.12N/AN/A0001
2026-01-13$50.80$0.0055.5%6.0%9.1%49.1%0.0%1.2%-3.3%-70507-50.00164.41N/AN/A0001
2026-01-14$50.57$0.0021.7%6.2%9.4%3.9%0.0%1.2%-4.3%-74566-60.00164.41N/AN/A0001
2026-01-15$50.87$0.0021.7%6.2%9.3%4.0%0.0%1.2%-2.3%-70515-50.00164.21N/AN/A0001
2026-01-16$50.92$0.0021.6%6.2%8.7%3.9%0.0%1.7%-2.6%-70517-50.00164.60N/AN/A0001
2026-01-20$49.74$0.0023.7%6.8%12.6%6.6%0.0%2.1%-3.2%-85661-60.00165.60N/AN/A0001
2026-01-21$50.38$0.0022.6%6.5%13.2%5.1%0.0%1.8%-3.2%-74508-50.00163.77N/AN/A0001
2026-01-22$50.53$0.0023.4%6.7%13.1%6.2%0.0%1.7%-3.3%-73508-50.00164.82N/AN/A0001
2026-01-23$50.30$0.0024.3%7.0%13.3%7.4%0.0%1.8%-3.6%-76518-50.00165.25N/AN/A0001
2026-01-26$50.50$0.0025.1%7.2%13.3%8.5%0.0%1.5%-4.4%-72480-50.00165.14N/AN/A0001
2026-01-27$50.42$0.0026.7%7.6%13.2%10.6%0.0%1.5%-5.3%-74497-50.00164.85N/AN/A0001
2026-01-28$50.07$0.0026.2%7.5%13.2%10.0%0.0%1.4%-5.1%-81610-50.00166.31N/AN/A0001
2026-01-29$50.16$0.0025.7%7.4%13.0%9.3%0.0%1.4%-3.8%-81757-60.00163.67N/AN/A0001
2026-01-30$50.11$0.0026.6%7.6%12.9%10.5%0.0%1.3%-5.8%-81766-70.00164.48N/AN/A0001