IHY Options History — January 2022

In January 2022, IHY traded between $23.27 and $24.00. ATM implied volatility averaged 10.4%, placing in the 6.1% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded above realized volatility by 5.6% (HV 20d: 4.9%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 4.24.

Notable Days

2022-01-10: Highest Volume — 39 contracts
2022-01-18: Largest IV spike — 61.9% change
2022-01-27: Highest IV Rank — 13.0%
2022-01-27: Largest Expected Move — 4.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.68	$23.27	$24.00	$24.00	$23.36
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	10.4%	6.4%	17.2%	7.0%	15.6%
Expected Move	2.9%	1.8%	4.9%	2.0%	4.5%
HV 20d	4.9%	3.7%	6.0%	4.7%	6.0%
HV 60d	5.1%	4.8%	5.4%	5.1%	5.4%
IV Rank	6.1%	2.0%	13.0%	2.5%	11.3%
IV Percentile	27.6%	5.6%	55.6%	8.7%	52.4%
Term Structure	-1.5%	-9.5%	3.3%	-1.0%	-9.5%
VWIV	15.1%	13.8%	15.9%	15.6%	15.9%
Skew 25d	2.4%	-0.5%	6.6%	1.4%	3.8%
Skew 10d	3.2%	-1.6%	11.4%	0.8%	11.4%
Call IV 25d	9.8%	7.6%	13.6%	10.5%	13.2%
Put IV 25d	12.2%	8.3%	17.1%	11.8%	17.1%
Bid-Ask Spread %	147.45	124.87	181.93	160.71	141.85
Gamma HHI	0.59	0.37	0.87	0.49	0.63
Net GEX	-1.5K	-4.0K	367	-1.2K	-686
Net DEX	14.2K	5.7K	23.1K	15.4K	7.5K
Net VEX	-22	-39	-9	-14	-11
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.24	3.88	5.17	5.17	4.00
Total Volume	31.3	15	39	37	15
Total OI	48.9	11	66	64	11

Daily Data (20 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
2022-01-03	$24.00	$25.00	7.0%	2.0%	4.7%	2.5%	15.6%	1.4%	-1.0%	-1.2K	15.4K	-14	5.17	160.71	6	31	6	58
2022-01-04	$23.93	$25.00	7.2%	2.1%	4.8%	2.7%	13.8%	4.5%	-1.4%	-1.8K	16.7K	-14	5.17	159.50	6	31	6	58
2022-01-05	$23.92	$25.00	11.1%	3.2%	3.8%	6.6%	15.9%	-0.4%	-5.8%	-2.0K	16.0K	-18	5.17	129.78	6	31	6	58
2022-01-06	$23.86	$0.00	8.3%	2.1%	3.8%	3.7%	0.0%	5.1%	-0.0%	-1.5K	16.0K	-11	5.17	142.13	6	31	6	58
2022-01-07	$23.87	$0.00	9.2%	2.2%	3.8%	4.7%	0.0%	1.3%	2.6%	-1.5K	16.2K	-12	5.17	148.05	6	31	6	58
2022-01-10	$23.82	$0.00	14.1%	2.9%	3.8%	9.6%	0.0%	1.4%	3.3%	-2.3K	17.3K	-24	3.88	162.19	8	31	6	58
2022-01-11	$23.84	$0.00	10.1%	2.1%	3.7%	5.5%	0.0%	1.2%	-1.5%	-1.6K	13.9K	-28	3.88	156.59	8	31	8	58
2022-01-12	$23.87	$0.00	6.4%	1.8%	3.7%	2.0%	0.0%	-0.5%	-0.6%	-1.0K	14.1K	-21	3.88	181.93	8	31	8	58
2022-01-13	$23.77	$0.00	6.8%	1.9%	4.0%	2.4%	0.0%	0.6%	-1.6%	-1.5K	15.2K	-20	3.88	146.21	8	31	8	58
2022-01-14	$23.65	$0.00	7.5%	2.1%	4.3%	3.1%	0.0%	0.1%	-1.8%	-3.0K	20.2K	-39	3.88	151.11	8	31	8	58
2022-01-18	$23.46	$0.00	12.1%	3.5%	5.0%	8.0%	0.0%	1.9%	-3.8%	-4.0K	23.1K	-33	3.88	156.69	8	31	8	58
2022-01-19	$23.64	$0.00	9.5%	2.7%	5.8%	5.3%	0.0%	0.6%	-2.0%	-3.2K	20.3K	-30	3.88	141.40	8	31	8	58
2022-01-20	$23.62	$0.00	10.0%	2.9%	5.8%	5.7%	0.0%	3.2%	1.5%	-3.1K	21.0K	-34	3.88	124.87	8	31	8	58
2022-01-21	$23.67	$0.00	8.9%	2.5%	5.5%	4.6%	0.0%	4.6%	2.4%	-239	16.6K	-27	3.88	129.07	8	31	8	58
2022-01-24	$23.58	$0.00	9.1%	2.6%	5.6%	4.8%	0.0%	6.6%	1.3%	-324	7.2K	-29	4.00	131.40	3	12	3	8
2022-01-25	$23.58	$0.00	12.1%	3.5%	5.6%	8.0%	0.0%	3.8%	-1.9%	367	5.7K	-9	4.00	149.06	3	12	3	8
2022-01-26	$23.48	$0.00	12.0%	3.5%	5.7%	7.6%	0.0%	3.1%	-3.1%	-476	7.4K	-16	4.00	138.00	3	12	3	8
2022-01-27	$23.32	$0.00	17.2%	4.9%	6.0%	13.0%	0.0%	3.2%	-3.6%	-462	7.3K	-27	4.00	149.25	3	12	3	8
2022-01-28	$23.27	$0.00	14.7%	4.2%	5.9%	10.4%	0.0%	2.3%	-4.2%	-519	7.5K	-21	4.00	149.28	3	12	3	8
2022-01-31	$23.36	$0.00	15.6%	4.5%	6.0%	11.3%	0.0%	3.8%	-9.5%	-686	7.5K	-11	4.00	141.85	3	12	3	8