IHY Options History — August 2023

In August 2023, IHY traded between $19.77 and $20.10. ATM implied volatility averaged 19.4%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 12.4% (HV 20d: 7.0%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.35.

Notable Days

2023-08-11: Highest Volume — 28 contracts
2023-08-03: Largest IV spike — 436.3% change
2023-08-30: Highest IV Rank — 34.6%
2023-08-30: Largest Expected Move — 19.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.94	$19.77	$20.10	$20.09	$19.96
Max Pain	$18.00	$18.00	$18.00	$18.00	$18.00
ATM IV	19.4%	5.5%	66.2%	5.5%	38.8%
Expected Move	5.8%	1.6%	19.0%	1.6%	11.1%
HV 20d	7.0%	5.7%	8.5%	8.5%	5.8%
HV 60d	6.6%	6.4%	6.8%	6.8%	6.8%
IV Rank	8.2%	0.4%	34.6%	0.4%	19.1%
IV Percentile	41.0%	2.4%	94.0%	2.4%	79.8%
Term Structure	-4.8%	-53.1%	12.6%	12.6%	-11.0%
Skew 25d	-7.6%	-26.8%	3.8%	-10.3%	-2.4%
Skew 10d	-4.4%	-18.3%	8.0%	-1.1%	0.1%
Call IV 25d	25.0%	7.6%	45.0%	26.5%	19.5%
Put IV 25d	17.4%	7.6%	44.0%	16.2%	17.1%
Bid-Ask Spread %	151.35	127.94	192.61	147.87	186.97
Gamma HHI	0.61	0.42	0.92	0.80	0.44
Net GEX	3.8K	1.3K	6.0K	1.4K	4.1K
Net DEX	-167.7K	-209.4K	-109.6K	-171.5K	-157.2K
Net VEX	-368	-438	-244	-370	-395
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.00	1.80	0.00	0.00
Total Volume	3.652	0	28	0	4
Total OI	161.087	135	181	171	147

Daily Data (23 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
2023-08-01	$20.09	$18.00	5.5%	1.6%	8.5%	0.4%	0.0%	-10.3%	12.6%	1.4K	-171.5K	-370	0.00	147.87	0	0	127	44
2023-08-02	$19.98	$18.00	5.9%	1.7%	8.2%	0.6%	0.0%	-1.2%	6.0%	1.6K	-161.8K	-378	0.00	139.15	0	0	127	44
2023-08-03	$19.96	$0.00	31.8%	8.0%	8.2%	15.2%	0.0%	-0.2%	-5.5%	3.6K	-146.9K	-438	0.00	150.57	0	0	127	44
2023-08-04	$20.04	$0.00	19.9%	6.1%	8.1%	8.5%	0.0%	1.7%	-11.7%	2.5K	-159.8K	-404	0.00	147.99	0	0	127	44
2023-08-07	$20.10	$0.00	6.9%	2.9%	8.1%	1.1%	0.0%	-1.4%	-2.5%	1.8K	-160.0K	-407	0.00	139.04	0	0	127	44
2023-08-08	$20.02	$0.00	6.5%	7.1%	8.3%	0.9%	0.0%	-18.2%	-5.6%	1.7K	-163.0K	-370	0.00	142.10	0	0	127	44
2023-08-09	$20.09	$0.00	9.3%	2.7%	7.4%	2.5%	0.0%	-15.9%	-3.7%	1.3K	-172.3K	-346	0.00	136.00	0	0	127	44
2023-08-10	$20.06	$0.00	9.8%	2.8%	6.6%	2.8%	0.0%	-7.0%	-2.1%	1.7K	-154.4K	-415	0.00	127.94	10	0	127	44
2023-08-11	$20.02	$0.00	13.7%	3.9%	6.7%	5.0%	0.0%	-10.8%	-3.1%	1.7K	-184.8K	-351	1.80	134.57	10	18	137	44
2023-08-14	$19.99	$0.00	14.9%	4.3%	6.7%	5.6%	0.0%	-15.5%	4.9%	5.0K	-209.4K	-321	0.00	141.94	0	0	145	26
2023-08-15	$19.86	$0.00	10.7%	3.1%	6.9%	3.3%	0.0%	-8.6%	1.9%	5.5K	-206.0K	-244	0.00	135.52	0	0	145	26
2023-08-16	$19.85	$0.00	14.8%	4.2%	6.8%	5.6%	0.0%	-8.2%	-1.7%	6.0K	-203.9K	-272	0.00	143.73	0	0	145	26
2023-08-17	$19.79	$0.00	11.0%	3.2%	6.8%	3.5%	0.0%	-7.6%	0.5%	5.7K	-197.1K	-313	0.00	136.02	0	0	145	26
2023-08-18	$19.82	$0.00	12.9%	3.7%	6.8%	4.6%	0.0%	-26.8%	0.5%	3.6K	-185.2K	-393	0.00	151.02	6	0	145	26
2023-08-21	$19.82	$0.00	13.7%	3.9%	6.8%	5.0%	0.0%	3.8%	9.8%	2.4K	-109.6K	-408	0.00	134.02	8	0	109	26
2023-08-22	$19.77	$0.00	45.6%	13.1%	6.9%	23.0%	0.0%	-0.8%	-18.0%	5.9K	-136.5K	-327	1.00	192.61	12	12	117	26
2023-08-23	$19.89	$0.00	45.3%	13.0%	7.1%	22.8%	0.0%	-5.1%	-9.1%	3.4K	-149.4K	-421	0.00	192.12	2	0	129	14
2023-08-24	$19.79	$0.00	14.4%	4.1%	6.8%	5.4%	0.0%	-9.0%	-0.2%	5.7K	-157.3K	-394	0.00	157.06	2	0	131	14
2023-08-25	$19.84	$0.00	14.2%	4.1%	6.2%	5.3%	0.0%	-10.4%	-3.3%	5.8K	-163.0K	-394	0.00	147.61	0	0	133	14
2023-08-28	$19.87	$0.00	15.4%	4.4%	6.2%	5.9%	0.0%	-8.9%	-3.6%	5.9K	-164.7K	-373	0.00	149.86	0	0	133	14
2023-08-29	$20.01	$0.00	18.9%	5.4%	6.0%	7.9%	0.0%	-3.9%	-12.3%	5.8K	-171.6K	-370	0.00	155.33	0	0	133	14
2023-08-30	$20.02	$0.00	66.2%	19.0%	5.7%	34.6%	0.0%	-8.3%	-53.1%	5.7K	-170.8K	-367	0.00	192.04	0	0	133	14
2023-08-31	$19.96	$0.00	38.8%	11.1%	5.8%	19.1%	0.0%	-2.4%	-11.0%	4.1K	-157.2K	-395	0.00	186.97	4	0	133	14