IHY Options History — March 2018

In March 2018, IHY traded between $25.40 and $25.59. ATM implied volatility averaged 10.9%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 2.8%. IV traded above realized volatility by 7.3% (HV 20d: 3.6%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 10.18.

Notable Days

  • 2018-03-02: Highest Volume — 327 contracts
  • 2018-03-26: Largest IV spike — 527.9% change
  • 2018-03-26: Highest IV Rank — 52.3%
  • 2018-03-26: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.48$25.40$25.59$25.48$25.47
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV10.9%6.0%54.8%10.5%6.5%
Expected Move2.8%1.5%15.7%3.0%1.9%
HV 20d3.6%3.1%4.1%4.1%3.5%
HV 60d3.7%3.6%3.9%3.6%3.9%
IV Rank7.2%2.1%52.3%6.8%2.6%
IV Percentile75.2%31.0%91.7%87.7%48.8%
Term Structure-1.6%-5.3%1.0%-5.3%1.0%
VWIV9.0%7.5%11.6%9.1%11.6%
Skew 25d-24.1%-176.6%5.1%4.0%4.0%
Skew 10d-97.6%-174.1%-56.2%-91.2%-66.7%
Call IV 25d33.0%4.2%188.2%5.2%4.8%
Put IV 25d8.9%6.6%11.6%9.1%8.7%
Bid-Ask Spread %157.10126.43180.79174.02175.36
Gamma HHI0.500.360.700.580.36
Net GEX-60.3K-70.5K-36.6K-60.4K-36.6K
Net DEX328.1K221.3K452.6K221.3K452.6K
Net VEX-1.5K-1.8K-852-852-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.185.2015.3513.605.65
Total Volume223.524124327292133
Total OI441.19387515394403

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$25.48$25.0010.5%3.0%4.1%6.8%9.1%4.0%-5.3%-60.4K221.3K-85213.60174.02202720394
2018-03-02$25.46$25.0011.7%3.4%4.1%8.0%11.1%3.5%-5.2%-59.3K238.1K-93615.35174.97203070413
2018-03-05$25.49$25.009.8%2.1%4.0%6.0%7.5%3.7%-1.3%-63.8K271.5K-1.3K15.35151.02203070467
2018-03-06$25.52$25.006.0%1.6%3.9%2.1%8.6%5.1%-0.1%-64.8K262.4K-1.3K15.35126.43203070467
2018-03-07$25.55$25.006.1%1.7%3.9%2.3%8.7%3.2%-0.1%-64.3K254.5K-1.3K15.35131.85203070467
2018-03-08$25.47$25.0012.6%2.3%4.0%8.9%8.1%3.9%-2.1%-66.2K282.7K-1.3K15.35146.06203070467
2018-03-09$25.54$25.009.4%1.5%4.0%5.6%8.4%3.1%-0.6%-70.5K281.9K-1.3K13.25132.16202650467
2018-03-12$25.56$25.009.1%1.6%3.6%5.3%8.1%-79.9%-0.4%-65.9K312.8K-1.5K12.20142.86202440499
2018-03-13$25.59$25.0013.5%1.6%3.2%9.9%8.0%-79.3%0.0%-64.4K298.7K-1.5K12.15145.65202430504
2018-03-14$25.49$25.006.8%1.9%3.4%2.9%8.2%-69.6%-2.0%-64.2K357.3K-1.7K12.15156.90202430505
2018-03-15$25.47$25.006.9%2.0%3.4%3.1%8.8%-160.4%-2.1%-49.8K412.8K-1.7K11.60157.78202320505
2018-03-16$25.47$25.008.3%2.4%3.2%4.5%8.0%3.8%-1.9%-64.4K314.5K-1.5K11.60142.23202320515
2018-03-19$25.49$25.008.5%2.4%3.1%4.7%8.3%3.2%-1.8%-66.7K305.6K-1.5K5.20168.06201040387
2018-03-20$25.41$25.008.3%2.4%3.2%4.5%8.2%3.0%-1.5%-67.0K328.5K-1.5K5.65167.43201130387
2018-03-21$25.46$25.007.2%2.1%3.3%3.3%9.3%-176.6%-0.6%-41.9K438.6K-1.8K5.65180.79201130403
2018-03-22$25.40$25.008.6%2.5%3.4%4.8%8.5%3.1%-1.5%-67.3K355.1K-1.6K5.65157.03201130403
2018-03-23$25.40$25.008.7%2.5%3.3%4.9%8.5%3.4%-1.9%-68.1K345.3K-1.5K5.65152.56201130403
2018-03-26$25.53$25.0054.8%15.7%3.9%52.3%10.3%4.0%-1.6%-63.5K319.6K-1.5K5.65156.97201130403
2018-03-27$25.47$25.008.0%2.3%3.8%4.2%10.3%4.2%-1.6%-48.4K415.2K-1.7K5.65179.49201130403
2018-03-28$25.46$25.008.2%2.4%3.7%4.4%10.5%4.3%-2.0%-48.9K420.2K-1.7K5.65179.49201130403
2018-03-29$25.47$25.006.5%1.9%3.5%2.6%11.6%4.0%1.0%-36.6K452.6K-1.7K5.65175.36201130403