IHY Options History — April 2023

In April 2023, IHY traded between $19.94 and $20.26. ATM implied volatility averaged 17.6%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 10.4% (HV 20d: 7.2%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 5 of 19 days.

Notable Days

  • 2023-04-06: Largest IV spike — 238.6% change
  • 2023-04-18: Highest IV Rank — 18.6%
  • 2023-04-18: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.05$19.94$20.26$20.05$20.09
Max Pain$19.84$19.00$20.00$19.00$20.00
ATM IV17.6%6.3%39.9%20.2%6.3%
Expected Move5.7%1.8%11.4%5.8%1.8%
HV 20d7.2%5.9%8.3%8.3%6.1%
HV 60d7.7%7.5%8.4%8.4%7.5%
IV Rank5.9%0.0%18.6%7.4%0.0%
IV Percentile27.9%0.0%77.0%46.8%0.0%
Term Structure-6.5%-34.3%14.6%-12.8%0.7%
Skew 25d-8.8%-46.9%28.9%-46.9%-11.6%
Skew 10d-0.0%-56.6%46.3%-56.6%-5.3%
Call IV 25d38.8%15.8%62.2%62.2%24.9%
Put IV 25d30.0%8.9%78.2%15.2%13.2%
Bid-Ask Spread %144.07116.47174.80131.13136.53
Gamma HHI0.820.390.990.510.88
Net GEX2.4K-4.8K17.4K774-1.5K
Net DEX-14.7K-28.1K8.2K-26.1K-11.4K
Net VEX-187-276-131-227-131
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI203.1056925125169

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$20.05$19.0020.2%5.8%8.3%7.4%0.0%-46.9%-12.8%774-26.1K-2270.00131.130048203
2023-04-04$20.08$19.0017.4%5.0%7.8%5.8%0.0%28.9%1.6%2.4K-23.8K-2190.00141.730048203
2023-04-05$19.98$19.008.9%2.6%8.0%0.9%0.0%-0.3%14.6%3.8K-21.4K-2190.00151.400048203
2023-04-06$20.04$20.0030.2%9.6%7.9%13.1%0.0%-17.3%-7.5%2.7K-21.1K-2110.00167.940048203
2023-04-10$19.98$20.0010.8%9.0%8.1%2.0%0.0%-13.6%-27.0%3.6K-20.3K-2040.00158.320048203
2023-04-11$20.03$20.0011.2%9.2%8.0%2.2%0.0%-10.9%-21.3%3.6K-22.8K-2000.00157.160048203
2023-04-12$20.11$20.0029.5%8.5%8.1%12.7%0.0%0.6%-10.1%4.0K-27.2K-1960.00170.110048203
2023-04-13$20.26$20.0039.8%11.4%7.1%18.6%0.0%-7.4%-13.9%-4.8K4.2K-2760.00174.800048203
2023-04-14$20.13$20.0031.5%9.0%7.6%13.8%0.0%-15.6%-9.7%-4.4K-278-2520.00145.040048203
2023-04-17$20.09$20.0029.1%8.4%7.7%12.5%0.0%-24.7%-9.3%2.7K-24.7K-1820.00154.580048203
2023-04-18$20.10$20.0039.9%11.4%7.7%18.6%0.0%-9.2%-34.3%6.9K-28.1K-1760.00148.310048203
2023-04-19$20.07$20.008.7%2.5%7.5%0.8%0.0%6.9%-0.1%5.7K-26.9K-1680.00134.530048203
2023-04-20$20.05$20.008.3%2.4%6.5%0.6%0.0%8.3%-1.1%6.8K-24.0K-1630.00137.170048203
2023-04-21$20.05$20.007.4%2.1%6.1%0.1%0.0%10.0%-1.2%17.4K-27.9K-1580.00138.700048203
2023-04-24$20.02$20.008.7%2.5%5.9%0.8%0.0%-6.1%6.0%-625-302-1510.00122.71003039
2023-04-25$19.94$20.008.4%2.4%6.1%0.6%0.0%-33.7%-0.1%-1.1K7.6K-1450.00131.08003039
2023-04-26$19.94$20.008.6%2.5%6.1%0.7%0.0%-10.1%-0.2%-1.4K8.2K-1380.00119.58003039
2023-04-27$19.97$20.008.9%2.5%6.0%0.9%0.0%-14.1%1.8%-1.2K7.1K-1420.00116.47003039
2023-04-28$20.09$20.006.3%1.8%6.1%0.0%0.0%-11.6%0.7%-1.5K-11.4K-1310.00136.53003039