IHY Options History — August 2020

In August 2020, IHY traded between $24.56 and $24.99. ATM implied volatility averaged 26.2%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 21.2% (HV 20d: 5.1%). Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 5 of 21 days.

Notable Days

  • 2020-08-14: Highest Volume — 5 contracts
  • 2020-08-06: Largest IV spike — 168.7% change
  • 2020-08-06: Highest IV Rank — 29.2%
  • 2020-08-04: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.78$24.56$24.99$24.56$24.99
ATM IV26.2%16.5%57.7%26.4%17.4%
Expected Move6.8%4.7%12.4%7.6%5.0%
HV 20d5.1%4.0%6.0%4.9%5.6%
HV 60d8.9%7.9%9.9%9.9%7.9%
IV Rank12.3%7.0%29.2%12.4%7.5%
IV Percentile67.8%54.8%92.5%69.0%54.8%
Term Structure-1.5%-19.2%18.5%-5.8%-5.3%
Skew 25d2.2%-14.4%11.0%2.5%4.6%
Skew 10d-2.3%-23.0%11.3%3.3%1.6%
Call IV 25d27.1%19.7%47.4%29.7%20.1%
Put IV 25d29.3%22.3%50.0%32.3%24.7%
Bid-Ask Spread %169.09146.56186.35160.64159.54
Gamma HHI0.800.361.001.001.00
Net GEX6-1.6K912697912
Net DEX-5.2K-7.5K2.9K-5.9K-7.5K
Net VEX-22-75-9-15-9
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.2380500
Total OI45.61943484348

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$24.56$0.0026.4%7.6%4.9%12.4%0.0%2.5%-5.8%697-5.9K-150.00160.6400439
2020-08-04$24.65$0.0043.2%12.4%4.6%21.4%0.0%1.8%-19.2%434-5.7K-160.00186.3500439
2020-08-05$24.73$0.0021.5%6.2%4.6%9.7%0.0%4.0%2.0%632-6.3K-150.00161.0100439
2020-08-06$24.81$0.0057.7%10.5%4.0%29.2%0.0%2.7%-1.4%-1.1K-4.4K-170.00186.2100439
2020-08-07$24.74$0.0027.5%5.2%4.4%12.9%0.0%2.6%-0.9%-1.5K-2.3K-400.00159.1200439
2020-08-10$24.69$0.0024.4%5.4%4.4%11.3%0.0%2.0%-1.4%552-6.1K-150.00160.0500439
2020-08-11$24.70$0.0031.8%5.2%4.4%15.2%0.0%2.1%-0.6%-880-4.8K-170.00160.6300439
2020-08-12$24.82$0.0016.5%4.7%4.5%7.0%0.0%11.0%4.9%-1.5K-1.6K-490.00167.3200439
2020-08-13$24.80$0.0029.6%8.5%4.6%14.1%0.0%7.4%0.6%-1.4K2.9K-750.00166.1100439
2020-08-14$24.74$0.0017.7%5.1%4.8%7.7%0.0%5.7%-1.3%-1.6K-2.7K-400.00151.3905439
2020-08-17$24.77$0.0030.1%8.6%4.7%14.3%0.0%2.2%-0.7%667-6.3K-130.00165.2100444
2020-08-18$24.92$0.0019.3%5.5%4.3%8.5%0.0%1.4%-2.5%590-7.1K-130.00161.0100444
2020-08-19$24.67$0.0019.6%5.6%5.8%8.6%0.0%0.9%-3.2%516-6.2K-140.00184.1000444
2020-08-20$24.70$0.0020.8%6.0%5.8%9.3%0.0%0.5%-2.0%764-6.4K-130.00185.8400444
2020-08-21$24.80$0.0019.8%5.7%6.0%8.8%0.0%0.9%18.5%-106-5.8K-140.00184.8100444
2020-08-24$24.81$0.0020.5%5.9%5.8%9.2%0.0%1.4%-2.6%804-6.9K-120.00184.6700444
2020-08-25$24.85$0.0020.9%6.0%5.8%9.4%0.0%1.9%-2.0%784-6.9K-120.00185.1500444
2020-08-26$24.86$0.0021.4%6.1%5.7%9.6%0.0%-14.4%0.6%-430-4.6K-320.00177.8800444
2020-08-27$24.85$0.0025.0%7.2%5.7%11.6%0.0%2.5%-1.6%842-7.5K-110.00146.5600444
2020-08-28$24.92$0.0039.8%11.4%5.6%19.6%0.0%2.5%-7.6%425-6.3K-120.00157.2700444
2020-08-31$24.99$0.0017.4%5.0%5.6%7.5%0.0%4.6%-5.3%912-7.5K-90.00159.5400444