IHY Options History — February 2024

In February 2024, IHY traded between $20.42 and $20.77. ATM implied volatility averaged 48.6%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 43.1% (HV 20d: 5.5%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-02-23: Largest IV spike — 99.8% change
  • 2024-02-02: Highest IV Rank — 52.1%
  • 2024-02-26: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.63$20.42$20.77$20.73$20.69
ATM IV48.6%29.2%74.6%37.7%36.2%
Expected Move12.5%6.7%18.5%9.3%10.4%
HV 20d5.5%5.1%6.3%5.8%5.1%
HV 60d6.6%6.2%7.0%6.8%6.3%
IV Rank32.6%18.2%52.1%24.5%23.4%
IV Percentile87.9%72.2%98.0%81.7%80.2%
Term Structure-10.0%-23.2%21.7%-4.0%-9.0%
Skew 25d-1.6%-32.1%17.5%0.3%-6.5%
Skew 10d6.7%-21.8%21.4%2.3%-21.8%
Call IV 25d50.8%12.9%87.1%28.0%38.0%
Put IV 25d49.2%12.8%87.8%28.2%31.5%
Bid-Ask Spread %186.34169.55192.87192.87179.34
Gamma HHI0.380.360.400.390.38
Net GEX321218982365289
Net DEX-7.0K-7.6K-6.2K-7.5K-7.2K
Net VEX-101-111-58-105-98
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2323232323

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$20.73$0.0037.7%9.3%5.8%24.5%0.0%0.3%-4.0%365-7.5K-1050.00192.87001310
2024-02-02$20.65$0.0074.6%12.9%6.0%52.1%0.0%2.8%-9.0%227-7.2K-1110.00192.18001310
2024-02-05$20.54$0.0057.0%6.7%6.3%38.9%0.0%3.1%21.7%264-6.7K-1080.00191.91001310
2024-02-06$20.59$0.0054.4%6.8%6.0%36.9%0.0%17.5%3.3%306-6.9K-1060.00178.63001310
2024-02-07$20.63$0.0048.5%13.9%5.9%32.6%0.0%2.6%-11.4%226-7.1K-1090.00192.09001310
2024-02-08$20.59$0.0031.2%8.9%5.4%19.7%0.0%3.6%-7.3%327-6.9K-1050.00192.74001310
2024-02-09$20.58$0.0029.2%8.4%5.2%18.2%0.0%-0.1%-13.9%982-6.2K-580.00174.38001310
2024-02-12$20.58$0.0051.7%14.8%5.2%34.9%0.0%-13.1%-12.7%224-6.9K-1060.00191.31001310
2024-02-13$20.42$0.0053.5%15.3%5.1%36.3%0.0%1.8%-14.4%218-6.2K-1070.00190.87001310
2024-02-14$20.52$0.0055.6%15.9%5.4%37.8%0.0%2.8%-14.0%219-6.6K-1050.00189.39001310
2024-02-15$20.61$0.0053.7%15.4%5.7%36.5%0.0%2.1%-14.2%225-7.0K-1060.00189.15001310
2024-02-16$20.59$0.0055.2%15.8%5.6%37.6%0.0%2.3%-14.9%225-6.9K-1050.00188.57001310
2024-02-20$20.63$0.0058.4%16.7%5.6%40.0%0.0%-32.1%-17.3%230-7.0K-1050.00187.59001310
2024-02-21$20.66$0.0034.7%10.0%5.3%22.3%0.0%4.1%-18.2%442-7.1K-960.00169.55001310
2024-02-22$20.73$0.0030.5%8.8%5.4%19.2%0.0%-0.1%-6.0%461-7.5K-930.00174.28001310
2024-02-23$20.77$0.0061.0%17.5%5.4%41.9%0.0%0.8%-18.6%239-7.6K-1040.00188.13001310
2024-02-26$20.71$0.0064.6%18.5%5.4%44.6%0.0%0.7%-23.2%234-7.3K-1030.00187.14001310
2024-02-27$20.72$0.0050.2%14.4%5.3%33.9%0.0%-24.0%-9.8%320-7.3K-960.00187.86001310
2024-02-28$20.74$0.0033.6%9.6%5.3%21.5%0.0%-0.9%-8.1%397-7.5K-960.00188.73001310
2024-02-29$20.69$0.0036.2%10.4%5.1%23.4%0.0%-6.5%-9.0%289-7.2K-980.00179.34001310