IHY Options History — December 2023

In December 2023, IHY traded between $20.17 and $20.91. ATM implied volatility averaged 16.7%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 9.9% (HV 20d: 6.8%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days.

Notable Days

  • 2023-12-27: Largest IV spike — 104.9% change
  • 2023-12-07: Highest IV Rank — 17.6%
  • 2023-12-27: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.56$20.17$20.91$20.22$20.86
ATM IV16.7%5.9%36.1%16.2%6.1%
Expected Move3.8%1.7%7.2%4.6%1.7%
HV 20d6.8%5.5%7.5%7.5%6.8%
HV 60d7.1%6.8%7.7%6.8%6.8%
IV Rank7.5%0.8%17.6%6.4%0.9%
IV Percentile46.5%4.8%79.8%49.6%5.6%
Term Structure-0.3%-12.2%11.2%-12.2%8.0%
Skew 25d-1.9%-28.1%57.0%-14.3%-13.0%
Skew 10d16.2%-25.6%93.5%-0.4%-25.6%
Call IV 25d25.4%6.0%70.8%41.0%36.3%
Put IV 25d23.6%7.2%127.8%26.7%23.3%
Bid-Ask Spread %144.81139.28168.55149.38149.31
Gamma HHI0.400.340.660.360.39
Net GEX465109865392485
Net DEX-5.6K-9.2K-2.4K-3.6K-7.3K
Net VEX-95-120-40-110-103
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2222222222

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$20.22$0.0016.2%4.6%7.5%6.4%0.0%-14.3%-12.2%392-3.6K-1100.00149.38001210
2023-12-04$20.23$0.0018.2%3.1%6.8%7.5%0.0%1.8%-8.4%492-3.6K-930.00141.20001210
2023-12-05$20.19$0.0018.4%3.0%6.7%7.6%0.0%0.5%-9.2%491-3.7K-1100.00141.54001210
2023-12-06$20.17$0.0018.4%2.9%6.7%7.7%0.0%-0.1%-8.0%352-2.4K-1030.00141.36001210
2023-12-07$20.25$0.0036.1%3.1%6.8%17.6%0.0%1.5%-8.0%673-3.7K-920.00141.29001210
2023-12-08$20.23$0.0021.8%3.0%6.3%9.5%0.0%0.6%-8.6%467-4.9K-400.00140.86001210
2023-12-11$20.27$0.0013.2%3.2%6.3%4.7%0.0%-7.8%-9.4%512-3.6K-740.00141.03001210
2023-12-12$20.27$0.0015.3%3.2%6.3%5.9%0.0%-0.4%-9.6%386-4.3K-1110.00145.16001210
2023-12-13$20.49$0.0012.4%3.5%5.5%4.2%0.0%-10.2%-7.2%638-5.2K-780.00145.22001210
2023-12-14$20.75$0.0024.3%7.0%6.6%11.0%0.0%23.4%6.9%544-7.2K-1020.00145.19001210
2023-12-15$20.63$0.0015.2%4.4%7.1%7.7%0.0%-8.4%5.4%109-6.8K-670.00141.17001210
2023-12-18$20.70$0.0021.1%6.1%7.1%12.1%0.0%5.3%6.2%439-6.2K-1070.00142.18001210
2023-12-19$20.77$0.0014.3%4.1%7.0%7.0%0.0%-14.3%7.0%458-6.5K-1060.00139.28001210
2023-12-20$20.75$0.0017.1%4.9%6.9%9.1%0.0%3.1%7.8%494-6.4K-1060.00141.32001210
2023-12-21$20.84$0.0013.2%3.8%6.9%6.2%0.0%-13.7%5.3%420-6.8K-1110.00144.25001210
2023-12-22$20.89$0.009.2%2.6%6.9%3.2%0.0%-28.1%1.4%865-7.1K-480.00144.23001210
2023-12-26$20.89$0.0012.2%3.5%6.9%5.5%0.0%-9.4%5.3%491-6.9K-1010.00149.59001210
2023-12-27$20.91$0.0025.0%7.2%6.9%15.0%0.0%57.0%11.2%138-9.2K-1200.00168.55001210
2023-12-28$20.84$0.005.9%1.7%7.1%0.8%0.0%-10.7%9.5%456-6.7K-1080.00144.06001210
2023-12-29$20.86$0.006.1%1.7%6.8%0.9%0.0%-13.0%8.0%485-7.3K-1030.00149.31001210