IHY Options History — January 2018

In January 2018, IHY traded between $25.69 and $26.13. ATM implied volatility averaged 5.7%, placing in the 1.8% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 2.6% (HV 20d: 3.0%). Max pain ranged from $26.00 to $26.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 6.77.

Notable Days

  • 2018-01-29: Highest Volume — 210 contracts
  • 2018-01-10: Largest IV drop — 37.7% change
  • 2018-01-31: Highest IV Rank — 3.6%
  • 2018-01-31: Largest Expected Move — 2.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.90$25.69$26.13$25.70$26.07
Max Pain$26.00$26.00$26.00$26.00$26.00
ATM IV5.7%3.9%7.4%4.8%7.4%
Expected Move1.5%1.0%2.1%1.4%2.1%
HV 20d3.0%2.5%3.6%2.5%3.6%
HV 60d3.7%3.5%3.8%3.5%3.8%
IV Rank1.8%0.0%3.6%0.8%3.6%
IV Percentile23.8%0.0%67.5%2.0%67.5%
Term Structure4.2%-1.8%90.0%-1.5%0.5%
VWIV7.8%7.7%7.9%7.9%7.7%
Skew 25d-99.7%-181.7%1.8%-97.6%1.6%
Skew 10d-106.1%-182.6%2.7%-145.3%2.5%
Call IV 25d108.5%5.4%193.1%103.3%6.3%
Put IV 25d8.7%5.7%11.4%5.7%7.9%
Bid-Ask Spread %173.55156.16188.87182.77180.20
Gamma HHI0.660.351.000.561.00
Net GEX-25.4K-49.6K0-29.9K-1.1K
Net DEX81.1K0140.7K140.7K8.8K
Net VEX-346-5480-484-31
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.774.259.505.309.50
Total Volume155.476105210126210
Total OI287.571219324279324

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-01-02$25.70$26.004.8%1.4%2.5%0.8%7.9%-97.6%-1.5%-29.9K140.7K-4845.30182.77201060279
2018-01-03$25.69$26.006.3%1.8%2.5%2.4%7.7%-148.4%-1.7%-39.2K115.3K-5485.30176.44201060279
2018-01-04$25.80$0.005.7%1.3%2.7%1.7%0.0%-148.7%-1.1%-38.3K98.1K-4795.30171.66201060279
2018-01-05$25.80$0.005.9%1.0%2.6%1.9%0.0%-149.8%-1.2%-37.0K96.2K-4725.30169.32201060279
2018-01-08$25.75$0.007.1%1.0%2.7%3.3%0.0%-155.8%-0.7%-41.0K112.2K-5345.30159.40201060279
2018-01-09$25.70$0.006.3%1.1%2.8%2.4%0.0%-158.8%90.0%-30.7K122.8K-4765.30156.16201060279
2018-01-10$25.70$0.003.9%1.1%2.8%0.0%0.0%-160.9%-1.8%-34.1K126.9K-5015.30163.54201060279
2018-01-11$25.77$0.005.0%1.4%2.7%1.1%0.0%-162.7%-1.1%-34.1K121.6K-4775.30171.85201060279
2018-01-12$25.86$0.004.5%1.3%2.9%0.6%0.0%-163.5%-1.1%-40.9K95.2K-4525.30180.14201060279
2018-01-16$25.92$0.005.3%1.5%3.0%1.4%0.0%-173.5%1.4%-39.2K91.1K-2985.30173.14201060279
2018-01-17$26.01$0.004.6%1.3%3.1%0.7%0.0%-175.4%2.0%-46.0K78.0K-2806.50180.22201300279
2018-01-18$25.96$0.005.1%1.4%3.2%1.2%0.0%-178.9%1.4%-49.6K106.7K-4006.50172.21201300304
2018-01-19$25.93$0.005.6%1.6%3.3%1.7%0.0%-181.7%1.3%064.8K06.50180.60201300304
2018-01-22$25.93$0.005.4%1.6%3.2%1.5%0.0%1.3%-1.2%-15.1K67.1K-3784.25172.6320850219
2018-01-23$25.99$0.005.1%1.5%3.3%1.2%0.0%-49.3%-0.4%-13.1K69.6K-3779.25175.96201850219
2018-01-24$26.08$0.006.3%1.8%3.4%2.4%0.0%1.6%0.3%-13.7K59.5K-3569.25171.49201850319
2018-01-25$26.09$0.006.3%1.8%3.3%2.4%0.0%1.7%-0.6%-14.0K60.2K-3549.25170.52201850319
2018-01-26$26.13$0.006.2%1.8%3.2%2.4%0.0%1.8%0.7%0009.25170.13201850319
2018-01-29$26.06$0.006.4%1.8%3.4%2.5%0.0%1.1%1.7%-14.9K60.2K-3459.50177.38201900319
2018-01-30$26.00$0.006.1%1.7%3.6%2.2%0.0%1.1%1.1%-1.0K8.8K-329.50188.87201900324
2018-01-31$26.07$0.007.4%2.1%3.6%3.6%0.0%1.6%0.5%-1.1K8.8K-319.50180.20201900324