IHY Options History — January 2019

In January 2019, IHY traded between $23.34 and $24.14. ATM implied volatility averaged 6.5%, placing in the 2.2% IV rank vs the trailing year. The 30-day expected move averaged 2.8%. IV traded above realized volatility by 1.9% (HV 20d: 4.6%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.20.

Notable Days

2019-01-22: Highest Volume — 84 contracts
2019-01-09: Largest IV drop — 28.5% change
2019-01-04: Highest IV Rank — 5.3%
2019-01-07: Largest Expected Move — 24.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.77	$23.34	$24.14	$23.35	$24.14
Max Pain	$23.00	$23.00	$23.00	$23.00	$23.00
ATM IV	6.5%	5.1%	9.1%	8.8%	7.0%
Expected Move	2.8%	1.5%	24.3%	2.5%	1.7%
HV 20d	4.6%	3.3%	5.1%	3.4%	4.8%
HV 60d	4.3%	3.9%	4.5%	3.9%	4.4%
IV Rank	2.2%	0.7%	5.3%	5.0%	2.4%
IV Percentile	27.7%	3.6%	76.6%	75.0%	42.9%
Term Structure	4.2%	-4.0%	105.9%	-4.0%	-0.1%
Skew 25d	-122.9%	-187.9%	2.2%	-160.6%	2.2%
Skew 10d	-131.3%	-185.6%	3.3%	-158.8%	3.3%
Call IV 25d	131.9%	5.9%	197.2%	171.1%	6.3%
Put IV 25d	9.0%	6.6%	10.5%	10.5%	8.5%
Bid-Ask Spread %	183.87	111.79	200.00	192.50	179.14
Gamma HHI	0.75	0.51	1.00	0.56	1.00
Net GEX	1.3K	-4.6K	14.7K	-3.8K	0
Net DEX	3.2K	-14.2K	69.8K	8.2K	0
Net VEX	-66	-500	0	-56	0
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.00	1.00	0.00	1.00
Total Volume	17.429	0	84	0	0
Total OI	60.571	8	92	43	92

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-01-02	$23.35	$23.00	8.8%	2.5%	3.4%	5.0%	0.0%	-160.6%	-4.0%	-3.8K	8.2K	-56	0.00	192.50	0	0	20	23
2019-01-03	$23.34	$0.00	8.4%	2.2%	3.3%	4.6%	0.0%	2.0%	-1.6%	-4.6K	8.7K	-50	0.00	176.19	0	0	20	23
2019-01-04	$23.41	$0.00	9.1%	1.8%	3.5%	5.3%	0.0%	-165.8%	-1.2%	-2.6K	5.3K	-48	0.00	186.11	0	0	20	23
2019-01-07	$23.60	$0.00	7.4%	24.3%	4.5%	3.6%	0.0%	-168.8%	-0.3%	1.0K	853	-73	0.00	186.00	5	0	20	23
2019-01-08	$23.61	$0.00	7.7%	1.8%	4.4%	3.9%	0.0%	-70.4%	-0.5%	2.1K	-2.9K	-74	0.00	165.39	5	0	24	23
2019-01-09	$23.81	$0.00	5.5%	1.6%	4.9%	1.6%	0.0%	-171.5%	-0.7%	14.7K	-14.2K	-42	0.00	187.75	5	0	24	23
2019-01-10	$23.77	$0.00	5.9%	1.7%	5.0%	2.1%	0.0%	-174.1%	-0.9%	3.1K	-9.7K	-67	0.00	188.57	5	0	24	23
2019-01-11	$23.77	$0.00	5.1%	1.5%	4.8%	0.7%	0.0%	-177.1%	105.9%	3.4K	-9.8K	-61	1.00	184.76	5	5	24	23
2019-01-14	$23.77	$0.00	5.3%	1.5%	4.8%	0.9%	0.0%	-185.3%	-0.1%	4.2K	-6.9K	-65	0.00	187.75	0	0	24	28
2019-01-15	$23.81	$0.00	5.5%	1.6%	4.7%	1.0%	0.0%	-187.9%	-0.0%	5.7K	-9.4K	-59	0.00	187.75	0	0	24	28
2019-01-16	$23.72	$0.00	5.9%	1.7%	5.0%	1.3%	0.0%	-46.1%	-0.9%	6.0K	-3.7K	-51	0.00	185.71	0	0	24	28
2019-01-17	$23.76	$0.00	6.1%	1.7%	5.0%	1.5%	0.0%	-112.2%	-1.9%	10.2K	-392	-48	0.00	187.75	0	0	24	28
2019-01-18	$23.84	$0.00	6.4%	1.8%	5.1%	1.8%	0.0%	-51.9%	-2.1%	-1.4K	4.4K	-29	0.00	192.59	0	0	24	28
2019-01-22	$23.81	$0.00	5.7%	1.6%	5.1%	1.1%	0.0%	-148.4%	-0.3%	-1.4K	4.5K	-29	0.00	186.81	0	84	0	8
2019-01-23	$23.84	$0.00	5.9%	1.7%	4.8%	1.3%	0.0%	-149.4%	-0.3%	-1.4K	4.4K	-28	0.00	190.48	0	84	0	92
2019-01-24	$23.85	$0.00	6.1%	1.7%	4.8%	1.5%	0.0%	-150.8%	-0.3%	-1.4K	4.1K	-26	0.00	190.48	0	84	0	92
2019-01-25	$23.95	$0.00	5.9%	1.7%	4.9%	1.2%	0.0%	-150.8%	-0.5%	-451	7.4K	-35	0.00	193.65	0	84	0	92
2019-01-28	$23.99	$0.00	5.8%	1.7%	4.8%	1.2%	0.0%	-0.5%	-0.6%	-2.7K	69.8K	-500	0.00	111.79	0	0	0	92
2019-01-29	$23.98	$0.00	6.0%	1.7%	4.9%	1.3%	0.0%	-157.1%	-0.7%	-1.3K	3.7K	-24	0.00	200.00	0	0	0	92
2019-01-30	$24.09	$0.00	7.5%	2.1%	5.0%	2.9%	0.0%	-157.1%	-1.7%	-1.2K	2.9K	-21	0.00	200.00	0	0	0	92
2019-01-31	$24.14	$0.00	7.0%	1.7%	4.8%	2.4%	0.0%	2.2%	-0.1%	0	0	0	0.00	179.14	0	0	0	92