IHY Options History — October 2020

In October 2020, IHY traded between $24.25 and $24.72. ATM implied volatility averaged 36.4%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 30.4% (HV 20d: 6.0%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 9 of 22 days.

Notable Days

  • 2020-10-15: Largest IV spike — 213.7% change
  • 2020-10-13: Highest IV Rank — 45.9%
  • 2020-10-02: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.54$24.25$24.72$24.33$24.25
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV36.4%11.9%88.6%22.1%23.9%
Expected Move7.3%3.4%11.5%6.3%6.8%
HV 20d6.0%5.1%6.7%5.5%6.6%
HV 60d5.5%5.3%5.9%5.5%5.9%
IV Rank17.7%4.5%45.9%10.0%11.0%
IV Percentile70.4%37.7%95.6%57.1%53.6%
Term Structure-1.8%-23.5%36.8%12.2%1.4%
Skew 25d4.3%-24.1%35.7%0.5%19.5%
Skew 10d-0.3%-30.3%29.5%17.0%-4.4%
Call IV 25d33.8%14.3%64.5%39.4%33.4%
Put IV 25d38.1%14.1%91.5%40.0%52.9%
Bid-Ask Spread %167.49149.44178.26149.44165.14
Gamma HHI0.560.361.000.361.00
Net GEX-102-1.4K1.0K-4120
Net DEX-1.6K-9.8K8.5K-2.5K0
Net VEX-9-520-220
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI26.182048480

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$24.33$22.0022.1%6.3%5.5%10.0%0.0%0.5%12.2%-412-2.5K-220.00149.4400444
2020-10-02$24.28$22.0040.3%11.5%5.5%19.8%0.0%35.7%36.8%-1.4K8.5K-520.00164.6100444
2020-10-05$24.45$0.0038.9%5.6%6.2%19.1%0.0%-3.1%7.8%17-4.6K-130.00162.5100444
2020-10-06$24.49$0.0046.4%6.9%6.2%23.1%0.0%-7.2%7.1%-1.1K3.0K-330.00172.2400444
2020-10-07$24.56$0.0047.1%6.2%6.2%23.5%0.0%-2.2%-13.4%-173-4.1K-150.00158.0600444
2020-10-08$24.63$0.0037.0%6.9%6.3%18.1%0.0%13.4%-16.9%-7-5.0K-110.00163.6100444
2020-10-09$24.72$0.0079.1%6.4%6.5%40.7%0.0%-20.0%-3.5%-1.2K5.4K-310.00168.4900444
2020-10-12$24.71$0.0062.2%7.0%6.4%31.7%0.0%13.2%0.1%653-7.3K-40.00157.4300444
2020-10-13$24.67$0.0088.6%7.4%6.4%45.9%0.0%-13.2%-5.6%281-6.1K-50.00177.7700444
2020-10-14$24.61$0.0011.9%3.4%6.5%4.5%0.0%-15.8%2.4%-10-4.6K-70.00172.1200444
2020-10-15$24.49$0.0037.3%10.7%6.7%18.2%0.0%-24.1%-23.5%1.0K-7.4K-20.00174.3700444
2020-10-16$24.52$0.0016.7%4.8%6.7%7.1%0.0%2.2%-2.7%0-9.8K00.00175.7200444
2020-10-19$24.49$0.0026.5%7.6%5.6%12.4%0.0%-4.4%8.5%0000.00178.260000
2020-10-20$24.57$0.0028.8%8.3%5.4%13.6%0.0%16.5%-5.5%0000.00175.840000
2020-10-21$24.66$0.0024.0%6.9%5.2%11.0%0.0%15.7%-4.1%0000.00160.270000
2020-10-22$24.60$0.0019.4%5.6%5.2%8.5%0.0%-8.9%-8.8%0000.00174.570000
2020-10-23$24.72$0.0031.7%9.1%5.1%15.2%0.0%15.5%-12.4%0000.00162.950000
2020-10-26$24.62$0.0028.7%8.2%5.4%13.6%0.0%5.8%-11.5%0000.00160.750000
2020-10-27$24.62$0.0028.8%8.3%5.2%13.6%0.0%24.9%-12.1%0000.00172.420000
2020-10-28$24.39$0.0029.3%8.4%6.2%13.9%0.0%14.3%6.1%0000.00171.530000
2020-10-29$24.43$0.0032.1%9.2%6.1%15.4%0.0%16.6%-1.5%0000.00166.690000
2020-10-30$24.25$0.0023.9%6.8%6.6%11.0%0.0%19.5%1.4%0000.00165.140000