IHY Options History — May 2024

In May 2024, IHY traded between $20.30 and $20.69. ATM implied volatility averaged 38.3%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 33.7% (HV 20d: 4.7%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days.

Notable Days

  • 2024-05-16: Largest IV spike — 304.9% change
  • 2024-05-14: Highest IV Rank — 69.7%
  • 2024-05-03: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.56$20.30$20.69$20.30$20.64
ATM IV38.3%7.7%104.0%29.4%16.3%
Expected Move6.1%2.2%10.0%8.4%4.7%
HV 20d4.7%3.8%6.3%5.8%4.2%
HV 60d5.3%5.1%5.5%5.4%5.3%
IV Rank23.6%2.0%69.7%17.3%8.1%
IV Percentile60.6%11.9%99.6%61.1%34.1%
Term Structure-3.3%-25.8%32.5%-9.0%1.8%
Skew 25d-7.4%-39.1%3.4%0.4%-11.8%
Skew 10d6.5%-7.9%45.8%7.1%-4.6%
Call IV 25d47.2%18.2%83.0%80.6%37.9%
Put IV 25d39.8%8.0%81.0%81.0%26.1%
Bid-Ask Spread %153.63141.69173.10148.65160.03
Gamma HHI0.510.470.620.470.48
Net GEX532288824419377
Net DEX-3.5K-4.6K-2.3K-2.3K-4.4K
Net VEX-38-56-18-40-44
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2121212121

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$20.30$0.0029.4%8.4%5.8%17.3%0.0%0.4%-9.0%419-2.3K-400.00148.65001110
2024-05-02$20.37$0.0034.8%10.0%6.0%21.1%0.0%-2.1%-16.8%397-2.9K-490.00149.20001110
2024-05-03$20.48$0.0034.9%10.0%6.3%21.1%0.0%-4.8%-6.0%355-3.7K-550.00149.81001110
2024-05-06$20.50$0.0027.1%3.6%6.2%15.6%0.0%-6.2%10.7%451-3.7K-480.00156.46001110
2024-05-07$20.50$0.0051.7%3.2%6.2%33.0%0.0%-2.0%-9.2%693-2.4K-230.00141.69001110
2024-05-08$20.48$0.0060.6%3.3%5.1%39.2%0.0%-4.1%-3.5%654-2.6K-260.00143.78001110
2024-05-09$20.51$0.0065.8%6.4%5.1%42.9%0.0%-4.9%-25.8%674-2.8K-280.00156.38001110
2024-05-10$20.50$0.0081.1%5.0%4.5%53.6%0.0%0.1%-2.7%519-3.4K-410.00147.37001110
2024-05-13$20.49$0.0096.8%2.9%3.8%64.7%0.0%-2.3%0.4%594-3.0K-310.00149.03001110
2024-05-14$20.55$0.00104.0%7.0%3.8%69.7%0.0%-8.8%-3.5%435-3.9K-450.00145.67001110
2024-05-15$20.68$0.007.7%2.2%4.2%2.0%0.0%-18.1%2.3%731-4.1K-330.00147.38001110
2024-05-16$20.66$0.0031.2%8.9%4.2%18.5%0.0%1.7%7.4%288-4.6K-560.00162.23001110
2024-05-17$20.63$0.0018.8%5.4%4.3%9.8%0.0%-13.6%-10.7%750-3.4K-270.00164.93001110
2024-05-20$20.67$0.0015.0%4.3%4.0%7.2%0.0%3.4%-6.9%637-4.2K-360.00149.45001110
2024-05-21$20.69$0.0022.4%6.4%3.9%12.3%0.0%-15.8%32.5%554-4.5K-390.00151.10001110
2024-05-22$20.60$0.0027.2%7.8%4.2%15.7%0.0%-39.1%-22.9%490-2.9K-420.00159.69001110
2024-05-23$20.57$0.0030.4%8.7%4.3%18.0%0.0%-0.7%-9.2%352-3.9K-470.00151.22001110
2024-05-24$20.64$0.0031.8%9.1%4.4%19.0%0.0%0.2%-1.8%824-2.9K-180.00155.89001110
2024-05-28$20.63$0.0014.6%4.2%4.4%6.9%0.0%-11.0%4.3%550-4.1K-340.00157.34001110
2024-05-29$20.56$0.0018.7%5.4%4.4%9.7%0.0%-10.2%-6.6%462-3.8K-370.00159.51001110
2024-05-30$20.59$0.0023.3%6.7%4.3%12.9%0.0%-12.3%3.3%503-4.0K-330.00173.10001110
2024-05-31$20.64$0.0016.3%4.7%4.2%8.1%0.0%-11.8%1.8%377-4.4K-440.00160.03001110