IHY Options History — July 2020

In July 2020, IHY traded between $23.70 and $24.66. ATM implied volatility averaged 54.3%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 47.3% (HV 20d: 7.0%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.63.

Notable Days

2020-07-15: Highest Volume — 50 contracts
2020-07-13: Largest IV spike — 287.6% change
2020-07-08: Highest IV Rank — 77.8%
2020-07-08: Largest Expected Move — 42.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.13	$23.70	$24.66	$23.70	$24.58
Max Pain	$23.00	$23.00	$23.00	$23.00	$23.00
ATM IV	54.3%	16.4%	147.9%	143.9%	51.6%
Expected Move	12.4%	4.7%	42.4%	12.8%	14.8%
HV 20d	7.0%	4.8%	12.0%	12.0%	5.2%
HV 60d	10.5%	9.9%	11.8%	11.8%	9.9%
IV Rank	27.4%	6.9%	77.8%	75.7%	25.9%
IV Percentile	83.1%	63.5%	99.6%	99.6%	91.7%
Term Structure	-20.0%	-135.3%	21.2%	-10.1%	-14.8%
Skew 25d	6.6%	-109.4%	153.4%	153.4%	8.5%
Skew 10d	8.6%	-109.4%	153.4%	153.4%	40.9%
Call IV 25d	51.8%	14.8%	182.5%	27.4%	59.6%
Put IV 25d	58.4%	27.9%	180.8%	180.8%	68.1%
Bid-Ask Spread %	171.42	144.39	195.22	180.71	182.08
Gamma HHI	0.88	0.52	1.00	0.98	1.00
Net GEX	-14.9K	-42.6K	779	-34.0K	779
Net DEX	60.6K	-6.0K	210.8K	87.9K	-6.0K
Net VEX	-158	-397	0	-289	-15
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.63	0.00	4.56	3.60	0.00
Total Volume	5	0	50	0	0
Total OI	330.091	39	573	573	43

Daily Data (22 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
2020-07-01	$23.70	$23.00	143.9%	0.0%	12.0%	75.7%	0.0%	153.4%	0.0%	-34.0K	87.9K	-289	0.00	180.71	0	0	9	564
2020-07-02	$23.75	$23.00	44.5%	12.8%	11.9%	22.1%	0.0%	-10.1%	-10.1%	-42.6K	104.6K	-396	0.00	164.86	0	0	9	564
2020-07-06	$23.90	$0.00	111.4%	31.9%	11.5%	58.2%	0.0%	1.7%	-100.8%	-26.7K	95.6K	-249	3.60	195.22	10	36	9	564
2020-07-07	$23.81	$0.00	111.0%	31.8%	11.2%	58.0%	0.0%	-12.7%	-91.1%	-29.4K	122.7K	-397	0.00	191.19	0	0	9	564
2020-07-08	$23.82	$0.00	147.9%	42.4%	10.3%	77.8%	0.0%	-109.4%	-135.3%	-31.8K	97.2K	-263	0.00	183.07	0	0	9	564
2020-07-09	$23.72	$0.00	28.1%	4.8%	10.4%	13.2%	0.0%	13.1%	-9.0%	-30.8K	121.4K	-321	0.00	146.83	0	5	9	564
2020-07-10	$23.81	$0.00	32.0%	6.0%	6.6%	15.4%	0.0%	14.4%	-10.3%	-31.1K	106.7K	-311	0.00	172.28	0	0	9	564
2020-07-13	$23.77	$0.00	124.1%	8.5%	6.3%	65.0%	0.0%	7.2%	-21.7%	-14.9K	210.8K	-356	0.00	190.18	0	0	9	564
2020-07-14	$23.85	$0.00	53.2%	8.1%	6.3%	26.8%	0.0%	-7.6%	-24.6%	-25.5K	131.4K	-246	0.00	188.31	4	0	9	564
2020-07-15	$23.92	$0.00	21.4%	6.1%	5.3%	9.6%	0.0%	23.0%	-5.1%	-24.4K	111.1K	-114	4.56	156.50	9	41	5	564
2020-07-16	$24.01	$0.00	31.2%	9.0%	5.3%	14.9%	0.0%	3.5%	6.1%	-26.7K	105.3K	-131	0.00	153.77	0	0	5	564
2020-07-17	$24.06	$0.00	42.7%	12.2%	5.2%	21.1%	0.0%	6.3%	-9.8%	-2.8K	12.2K	-85	0.00	144.39	1	0	5	564
2020-07-20	$24.14	$0.00	29.0%	8.3%	5.2%	13.8%	0.0%	6.4%	21.2%	-1.9K	9.2K	-70	0.00	191.90	0	0	0	39
2020-07-21	$24.34	$0.00	36.4%	10.4%	5.9%	17.7%	0.0%	20.9%	2.1%	-332	41	0	0.00	175.77	0	0	0	39
2020-07-22	$24.41	$0.00	36.0%	10.3%	5.8%	17.5%	0.0%	-8.7%	-20.2%	-1.7K	11.9K	-86	0.00	164.09	0	0	0	39
2020-07-23	$24.43	$0.00	28.0%	8.0%	5.1%	13.2%	0.0%	3.3%	-5.5%	-440	0	0	0.00	172.10	0	0	0	39
2020-07-24	$24.48	$0.00	22.6%	6.5%	5.1%	10.3%	0.0%	9.0%	4.2%	-1.6K	12.4K	-93	0.00	163.56	0	0	0	39
2020-07-27	$24.58	$0.00	16.4%	4.7%	4.9%	6.9%	0.0%	0.9%	-1.2%	-110	160	-1	0.00	172.94	0	0	0	39
2020-07-28	$24.56	$0.00	20.8%	6.0%	4.8%	9.3%	0.0%	7.3%	12.2%	-1.8K	3.7K	-33	0.00	159.56	0	0	0	39
2020-07-29	$24.65	$0.00	38.6%	11.1%	4.8%	18.9%	0.0%	-5.8%	-13.2%	-171	0	0	0.00	167.67	4	0	0	39
2020-07-30	$24.66	$0.00	24.4%	7.0%	4.8%	11.3%	0.0%	20.8%	6.1%	712	-6.0K	-15	0.00	154.16	0	0	4	39
2020-07-31	$24.58	$0.00	51.6%	14.8%	5.2%	25.9%	0.0%	8.5%	-14.8%	779	-6.0K	-15	0.00	182.08	0	0	4	39