IHY Options History — September 2023

In September 2023, IHY traded between $19.49 and $19.86. ATM implied volatility averaged 36.9%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 31.3% (HV 20d: 5.6%). Max pain ranged from $18.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2023-09-21: Highest Volume — 28 contracts
2023-09-05: Largest IV spike — 725.0% change
2023-09-11: Highest IV Rank — 48.0%
2023-09-14: Largest Expected Move — 12.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.74	$19.49	$19.86	$19.82	$19.60
Max Pain	$18.05	$18.00	$19.00	$18.00	$19.00
ATM IV	36.9%	6.5%	90.0%	6.9%	13.4%
Expected Move	7.6%	1.9%	12.4%	2.0%	3.8%
HV 20d	5.6%	4.6%	6.2%	6.1%	5.1%
HV 60d	6.7%	6.4%	7.0%	7.0%	6.4%
IV Rank	18.1%	0.9%	48.0%	1.2%	4.8%
IV Percentile	63.3%	6.3%	96.4%	10.3%	34.5%
Term Structure	-1.8%	-29.8%	16.7%	10.7%	7.0%
VWIV	36.2%	6.7%	54.1%	54.1%	45.8%
Skew 25d	-0.2%	-24.0%	14.2%	12.3%	-5.7%
Skew 10d	3.9%	-12.4%	15.9%	4.3%	-3.2%
Call IV 25d	24.8%	7.0%	50.5%	18.7%	15.5%
Put IV 25d	24.7%	7.9%	51.0%	31.0%	9.8%
Bid-Ask Spread %	170.26	138.25	188.63	143.42	144.28
Gamma HHI	0.51	0.45	0.76	0.45	0.57
Net GEX	5.5K	3.6K	8.4K	5.7K	6.2K
Net DEX	-125.4K	-170.2K	-63.0K	-170.2K	-63.0K
Net VEX	-229	-377	-86	-377	-130
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	2.9	0	28	0	0
Total OI	121.55	88	151	151	88

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	Spread %	Call Vol	Call OI	Put OI
2023-09-01	$19.82	$0.00	6.9%	2.0%	6.1%	1.2%	0.0%	12.3%	10.7%	5.7K	-170.2K	-377	143.42	0	137	14
2023-09-05	$19.73	$18.00	57.1%	9.3%	6.1%	29.4%	54.1%	0.5%	3.5%	5.7K	-165.0K	-360	186.51	10	137	14
2023-09-06	$19.71	$18.00	31.8%	7.3%	6.0%	15.2%	0.0%	0.6%	-5.9%	5.8K	-127.9K	-263	173.75	0	107	14
2023-09-07	$19.79	$18.00	63.8%	9.4%	6.0%	33.2%	0.0%	0.3%	4.4%	4.2K	-117.0K	-278	187.94	0	102	14
2023-09-08	$19.80	$18.00	68.1%	9.5%	6.0%	35.7%	0.0%	0.2%	4.3%	4.2K	-117.3K	-275	188.16	0	102	14
2023-09-11	$19.86	$18.00	90.0%	8.0%	6.2%	48.0%	0.0%	0.2%	16.7%	4.4K	-120.2K	-258	188.63	0	102	14
2023-09-12	$19.83	$18.00	86.6%	11.2%	6.2%	46.0%	0.0%	14.2%	-18.8%	4.5K	-119.8K	-255	183.98	0	102	14
2023-09-13	$19.85	$18.00	26.8%	7.7%	5.7%	12.3%	0.0%	0.4%	-9.4%	5.5K	-127.1K	-228	160.20	0	102	14
2023-09-14	$19.84	$18.00	43.3%	12.4%	5.7%	21.7%	0.0%	0.5%	-29.8%	3.6K	-116.1K	-262	188.61	6	102	14
2023-09-15	$19.84	$18.00	36.3%	10.4%	5.6%	17.7%	0.0%	-0.1%	-13.2%	4.2K	-130.3K	-252	188.18	0	108	14
2023-09-18	$19.85	$18.00	38.5%	11.0%	5.6%	18.9%	0.0%	-24.0%	-13.1%	4.4K	-126.9K	-255	187.85	0	108	14
2023-09-19	$19.82	$18.00	39.6%	11.4%	5.6%	19.6%	0.0%	-0.2%	-2.4%	4.4K	-127.2K	-248	188.17	10	108	14
2023-09-20	$19.75	$18.00	29.0%	8.3%	5.7%	13.6%	6.7%	0.1%	6.2%	5.9K	-147.4K	-240	186.68	2	118	14
2023-09-21	$19.70	$18.00	42.2%	12.1%	5.3%	21.0%	38.3%	0.7%	-15.4%	5.1K	-141.0K	-255	187.37	28	118	14
2023-09-22	$19.73	$18.00	18.6%	5.3%	5.0%	7.7%	0.0%	-14.8%	4.1%	7.0K	-140.2K	-177	144.59	0	110	14
2023-09-25	$19.69	$18.00	6.5%	1.9%	5.0%	0.9%	45.8%	0.0%	5.4%	8.4K	-131.3K	-121	145.99	2	110	14
2023-09-26	$19.56	$18.00	8.0%	2.3%	5.4%	1.8%	0.0%	0.9%	5.3%	7.5K	-102.1K	-86	139.75	0	104	14
2023-09-27	$19.49	$18.00	14.5%	4.2%	4.6%	5.4%	0.0%	2.2%	-1.7%	7.5K	-105.7K	-126	138.25	0	100	14
2023-09-28	$19.59	$18.00	17.0%	4.9%	5.1%	6.8%	0.0%	8.1%	7.0%	6.8K	-112.0K	-126	152.91	0	100	14
2023-09-29	$19.60	$19.00	13.4%	3.8%	5.1%	4.8%	0.0%	-5.7%	7.0%	6.2K	-63.0K	-130	144.28	0	74	14