IHY Options History — March 2024

In March 2024, IHY traded between $20.66 and $20.90. ATM implied volatility averaged 64.1%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 59.9% (HV 20d: 4.2%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2024-03-12: Largest IV spike — 105.9% change
  • 2024-03-12: Highest IV Rank — 100.0%
  • 2024-03-01: Largest Expected Move — 21.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.77$20.66$20.90$20.71$20.69
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV64.1%45.3%147.0%73.1%60.2%
Expected Move14.3%10.0%21.0%21.0%17.3%
HV 20d4.2%3.3%5.1%5.1%4.1%
HV 60d5.7%5.0%6.4%6.4%5.0%
IV Rank42.7%29.2%100.0%50.9%39.0%
IV Percentile91.8%84.9%100.0%98.4%93.3%
Term Structure-14.5%-27.9%-4.5%-27.9%-17.6%
Skew 25d9.1%0.4%38.2%0.4%2.2%
Skew 10d32.1%21.7%56.6%25.5%26.9%
Call IV 25d57.5%25.8%96.3%96.3%79.2%
Put IV 25d66.6%42.1%96.6%96.6%81.4%
Bid-Ask Spread %180.70164.57189.19189.19174.84
Gamma HHI0.390.370.430.380.38
Net GEX307250564250256
Net DEX-7.9K-8.7K-7.3K-7.8K-7.4K
Net VEX-91-101-81-101-88
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
2024-03-01$20.71$0.0073.1%21.0%5.1%50.9%0.0%0.4%-27.9%250-7.8K-1010.00189.19001310
2024-03-04$20.73$20.0080.7%12.3%4.9%56.6%0.0%1.8%-13.2%254-7.8K-1000.00184.03001310
2024-03-05$20.72$20.0045.3%12.6%4.5%30.2%0.0%10.7%-20.1%419-7.9K-890.00172.93001310
2024-03-06$20.77$20.0047.7%10.0%4.5%32.0%0.0%9.8%-15.9%462-8.2K-880.00168.11001310
2024-03-07$20.85$20.0090.4%12.5%4.6%63.8%0.0%2.7%-13.8%267-8.3K-960.00184.49001310
2024-03-08$20.85$20.0094.5%12.5%4.6%66.9%0.0%2.7%-13.7%263-8.3K-960.00184.75001310
2024-03-11$20.85$20.0071.4%10.6%4.5%49.7%0.0%5.2%-4.5%564-8.4K-810.00164.57001310
2024-03-12$20.86$20.00147.0%13.1%4.5%100.0%0.0%30.7%-15.4%267-8.3K-950.00183.72001310
2024-03-13$20.90$20.0046.3%13.3%3.3%29.2%0.0%25.4%-22.9%498-8.7K-830.00179.13001310
2024-03-14$20.78$20.0047.1%13.5%3.8%29.7%0.0%1.8%-10.4%269-7.9K-940.00184.13001310
2024-03-15$20.79$20.0047.7%13.7%3.5%30.2%0.0%37.0%-10.4%279-8.0K-930.00175.92001310
2024-03-18$20.80$20.0049.4%14.2%3.5%31.3%0.0%1.6%-10.6%265-8.0K-920.00184.07001310
2024-03-19$20.78$20.0050.7%14.5%3.5%32.3%0.0%1.4%-11.1%261-7.9K-920.00184.12001310
2024-03-20$20.84$20.0050.4%14.5%3.6%32.1%0.0%38.2%-11.4%277-8.2K-910.00177.68001310
2024-03-21$20.71$20.0052.5%15.0%4.1%33.5%0.0%2.0%-12.3%260-7.6K-890.00184.04001310
2024-03-22$20.66$20.0053.4%15.3%4.1%34.2%0.0%2.3%-12.7%255-7.3K-910.00184.52001310
2024-03-25$20.71$20.0057.1%16.4%4.1%36.7%0.0%2.2%-14.4%259-7.5K-910.00185.08001310
2024-03-26$20.72$20.0057.1%16.4%4.1%36.7%0.0%2.4%-15.1%263-7.5K-910.00184.21001310
2024-03-27$20.74$20.0059.5%17.1%4.1%38.4%0.0%2.1%-16.6%260-7.6K-880.00184.54001310
2024-03-28$20.69$20.0060.2%17.3%4.1%39.0%0.0%2.2%-17.6%256-7.4K-880.00174.84001310