IHY Options History — May 2023

In May 2023, IHY traded between $19.66 and $20.05. ATM implied volatility averaged 14.7%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 8.2% (HV 20d: 6.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.99.

Notable Days

  • 2023-05-30: Highest Volume — 44 contracts
  • 2023-05-08: Largest IV spike — 552.7% change
  • 2023-05-26: Highest IV Rank — 24.0%
  • 2023-05-26: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.85$19.66$20.05$19.91$19.70
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV14.7%5.0%47.5%8.2%30.7%
Expected Move4.0%1.4%13.6%2.3%8.8%
HV 20d6.4%5.8%7.1%6.4%5.8%
HV 60d7.3%6.9%7.7%7.7%6.9%
IV Rank5.0%0.0%24.0%1.0%14.5%
IV Percentile20.5%0.0%83.3%1.2%67.1%
Term Structure-0.6%-12.0%8.4%0.1%-9.4%
Skew 25d-2.9%-24.2%24.1%-13.9%0.1%
Skew 10d-7.1%-35.0%24.0%-24.2%0.5%
Call IV 25d22.1%8.4%48.2%22.8%37.9%
Put IV 25d19.3%7.6%62.4%8.9%38.0%
Bid-Ask Spread %133.09103.36182.01118.08159.28
Gamma HHI0.860.670.980.870.86
Net GEX-490-4.1K2.3K-1.2K1.4K
Net DEX9.2K-16.0K39.0K13.8K11.8K
Net VEX-148-442-30-129-442
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.002.131.002.13
Total Volume7.045044025
Total OI73.9093913969139

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$19.91$20.008.2%2.3%6.4%1.0%0.0%-13.9%0.1%-1.2K13.8K-1290.00118.08003039
2023-05-02$19.99$20.008.4%2.4%6.6%1.2%0.0%-13.8%-0.3%-1.3K153-1260.00117.25003039
2023-05-03$20.01$20.008.8%2.5%6.5%1.4%0.0%-2.8%-0.6%-1.2K1.3K-1210.00123.66003039
2023-05-04$19.98$0.006.1%2.2%6.3%0.0%0.0%-9.4%-2.7%-1.3K4.6K-1210.00116.93003039
2023-05-05$20.05$0.006.8%2.4%6.4%0.4%0.0%-10.3%-0.1%-1.4K-7.9K-1130.00125.67003039
2023-05-08$19.99$0.0044.3%6.5%6.4%21.6%0.0%12.2%-1.4%-6494.9K-1100.00139.70003039
2023-05-09$19.93$0.006.6%2.4%6.4%0.2%0.0%-19.9%-3.0%-1.2K15.5K-1030.00117.59003039
2023-05-10$20.02$0.007.9%2.3%6.4%1.0%0.0%8.5%-2.6%-1.3K-2.3K-970.00118.60003039
2023-05-11$19.93$0.007.8%2.2%5.9%0.9%0.0%12.8%-2.5%-1.3K19.4K-930.00120.05003039
2023-05-12$19.80$0.005.9%1.7%5.9%0.0%0.0%-10.0%0.8%-1.1K39.0K-750.00111.37003039
2023-05-15$19.91$0.007.2%2.1%6.3%0.7%0.0%-2.3%1.9%-1.3K27.6K-690.00103.36003039
2023-05-16$19.83$0.006.8%1.9%6.4%0.5%0.0%-5.6%0.7%-1.3K12.1K-640.00118.38003039
2023-05-17$19.82$0.006.7%1.9%6.4%0.4%0.0%-6.7%2.3%-1.5K11.5K-550.00121.17003039
2023-05-18$19.77$0.008.0%2.3%6.5%1.2%0.0%-4.4%-0.4%2.3K-16.0K-301.00123.471010309
2023-05-19$19.76$0.006.1%1.8%6.4%0.1%0.0%-0.4%7.0%-1.1K17.1K-740.00117.930124019
2023-05-22$19.86$0.005.0%1.4%6.8%0.0%0.0%24.1%4.7%-4.1K26.7K-1190.00123.323001031
2023-05-23$19.71$0.0012.4%3.6%7.1%4.2%0.0%-7.0%-1.1%2.2K8.9K-2031.00169.3812124031
2023-05-24$19.66$0.0020.9%6.0%7.1%9.0%0.0%-4.5%-1.3%8931.0K-2900.00154.10005243
2023-05-25$19.66$0.0020.0%5.7%7.1%8.5%0.0%-24.2%-1.4%2.2K21.5K-2580.00182.01005243
2023-05-26$19.68$0.0047.5%13.6%6.7%24.0%0.0%14.2%-12.0%589-5.2K-2860.00176.06005243
2023-05-30$19.71$0.0040.9%11.7%6.0%20.2%0.0%-0.1%8.4%771-2.6K-2750.83170.6924205243
2023-05-31$19.70$0.0030.7%8.8%5.8%14.5%0.0%0.1%-9.4%1.4K11.8K-4422.13159.288177663