IHY Options History — March 2014

In March 2014, IHY traded between $27.34 and $27.60. ATM implied volatility averaged 30.0%. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 24.9% (HV 20d: 5.0%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2014-03-18: Highest Volume — 10 contracts
  • 2014-03-06: Largest IV spike — 1081.9% change
  • 2014-03-06: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.50$27.34$27.60$27.34$27.60
Max Pain$27.00$27.00$27.00$27.00$27.00
ATM IV30.0%6.2%108.5%8.1%7.7%
Expected Move8.5%1.5%31.1%2.3%2.2%
HV 20d5.0%3.2%5.8%5.8%3.2%
HV 60d4.5%4.3%4.8%4.8%4.3%
Term Structure-5.9%-44.4%35.0%-1.9%-0.6%
Skew 25d1.5%-4.5%21.0%0.2%2.5%
Skew 10d-2.5%-16.8%21.0%1.4%0.9%
Call IV 25d42.0%4.6%122.0%7.1%5.5%
Put IV 25d43.5%5.7%143.0%7.3%8.0%
Bid-Ask Spread %94.7733.51199.2270.6083.44
Gamma HHI1.001.001.001.001.00
Net GEX-668-2.7K-49-364-2.4K
Net DEX5.7K70413.7K1.0K12.1K
Net VEX-26-66-3-4-61
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.47601000
Total OI4.81111111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-03-03$27.34$0.008.1%2.3%5.8%0.0%0.0%0.2%-1.9%-3641.0K-40.0070.600001
2014-03-04$27.44$0.008.6%2.5%5.5%0.0%0.0%2.6%-0.7%-345910-30.0068.500001
2014-03-05$27.49$0.009.2%2.6%5.5%0.0%0.0%2.4%-1.5%-318880-30.0086.020001
2014-03-06$27.54$0.00108.5%31.1%5.3%0.0%0.0%21.0%-44.4%-491.2K-40.00199.220001
2014-03-07$27.60$27.006.9%1.5%5.1%0.0%0.0%2.2%-0.0%-319704-30.0033.510001
2014-03-10$27.57$27.008.2%1.7%5.2%0.0%0.0%2.2%-0.2%-320756-30.0043.620001
2014-03-11$27.57$27.008.6%1.7%5.2%0.0%0.0%1.5%-0.3%-328734-30.0042.100001
2014-03-12$27.53$27.008.7%1.6%5.1%0.0%0.0%0.4%35.0%-346765-30.0037.910001
2014-03-13$27.50$27.006.5%1.9%5.1%0.0%0.0%0.3%28.8%-352806-30.0039.720001
2014-03-14$27.47$27.006.6%1.9%5.1%0.0%0.0%0.1%31.2%-362838-30.0039.440001
2014-03-17$27.50$27.0040.2%11.5%5.1%0.0%0.0%0.1%-36.9%-581.2K-30.00175.300001
2014-03-18$27.55$27.0076.7%22.0%4.9%0.0%0.0%0.6%-40.9%-581.2K-30.00175.7201001
2014-03-19$27.48$27.0041.5%11.9%5.0%0.0%0.0%0.0%-39.0%-55913.6K-660.00175.3000011
2014-03-20$27.42$27.006.2%1.8%5.0%0.0%0.0%0.0%0.0%-1371.2K-30.0077.640001
2014-03-21$27.46$27.007.4%2.1%4.9%0.0%0.0%1.6%29.7%-88913.3K-650.0039.3500011
2014-03-24$27.40$27.0085.3%24.4%4.9%0.0%0.0%-2.0%-25.2%-54213.7K-640.00174.0600011
2014-03-25$27.49$27.0083.2%23.9%5.0%0.0%0.0%-4.5%-24.3%-50913.5K-640.00173.6500011
2014-03-26$27.55$27.0085.9%24.6%5.1%0.0%0.0%-3.4%-24.0%-50413.4K-630.00174.4600011
2014-03-27$27.53$27.007.3%2.1%5.0%0.0%0.0%1.1%-0.6%-2.7K13.4K-630.0039.2400011
2014-03-28$27.50$27.008.4%2.4%4.8%0.0%0.0%0.9%-3.2%-2.5K13.7K-630.0041.4400011
2014-03-31$27.60$27.007.7%2.2%3.2%0.0%0.0%2.5%-0.6%-2.4K12.1K-610.0083.4400011