IHY Options History — March 2025

In March 2025, IHY traded between $20.75 and $21.63. ATM implied volatility averaged 19.8%, placing in the 10.0% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 0.7% (HV 20d: 20.5%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-03-03: Highest Volume — 29 contracts
  • 2025-03-18: Largest IV spike — 230.7% change
  • 2025-03-26: Highest IV Rank — 27.2%
  • 2025-03-13: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.28$20.75$21.63$20.75$20.87
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV19.8%8.9%38.6%18.1%10.9%
Expected Move5.6%2.6%12.4%5.2%2.9%
HV 20d20.5%5.6%26.6%5.6%26.6%
HV 60d12.8%7.2%15.8%7.2%15.8%
IV Rank10.0%1.1%27.2%7.7%3.1%
IV Percentile36.7%4.0%75.0%31.7%12.7%
Term Structure-4.2%-19.7%11.4%-3.0%-0.3%
VWIV12.8%10.7%15.0%10.7%15.0%
Skew 25d-6.3%-21.9%3.8%-8.2%-9.3%
Skew 10d0.2%-25.0%18.4%-8.5%-20.2%
Call IV 25d28.3%15.3%45.4%28.1%24.5%
Put IV 25d22.0%11.6%40.6%19.9%15.2%
Bid-Ask Spread %153.07139.38175.47151.43155.81
Gamma HHI0.770.501.001.001.00
Net GEX-511-4.9K5.2K-11.9K
Net DEX254.3K201.1K300.9K300.9K280.5K
Net VEX-239-46000-133
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2029290
Total OI168.857145177145167

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$20.75$0.0018.1%5.2%5.6%7.7%10.7%-8.2%-3.0%-1300.9K00.00151.432900145
2025-03-04$21.39$21.008.9%2.6%11.8%1.1%0.0%-21.9%-3.6%414258.4K-2250.00154.140029145
2025-03-05$21.59$21.0022.3%6.4%12.1%10.7%0.0%0.2%5.7%-3.2K201.1K-4600.00141.040029145
2025-03-06$21.09$21.0021.2%6.1%15.1%9.9%0.0%-14.1%1.2%3.0K272.4K-1420.00151.033029145
2025-03-07$21.62$21.0031.3%9.0%17.3%17.1%0.0%-5.3%-18.3%-3.5K216.0K-4170.00139.380032145
2025-03-10$21.39$21.0016.3%4.7%17.8%6.4%0.0%-14.2%11.4%1.7K268.9K-1660.00149.060032145
2025-03-11$21.13$21.0017.8%5.6%18.5%7.5%0.0%3.8%-16.5%3.0K266.7K-1730.00140.740032145
2025-03-12$21.08$21.0011.4%3.8%18.5%2.9%15.0%-3.6%4.0%5.2K268.4K-1540.00141.0010032145
2025-03-13$21.51$0.0023.1%12.4%19.7%11.2%0.0%-7.3%-19.7%-3.6K208.5K-4500.00156.160022145
2025-03-14$21.05$0.0010.3%11.1%21.3%2.1%0.0%-4.3%5.9%1.5K280.8K-1410.00150.660022145
2025-03-17$21.09$0.009.7%4.5%21.3%2.1%0.0%-0.6%5.3%1.3K281.0K-1390.00155.530022145
2025-03-18$21.63$0.0032.0%6.1%23.1%21.5%0.0%-0.9%-9.9%-4.9K228.5K-3840.00157.150022145
2025-03-19$21.13$0.0010.0%2.9%24.7%2.3%0.0%-1.3%0.0%1.5K281.4K-1380.00154.150022145
2025-03-20$21.09$0.0012.4%3.0%24.7%4.4%0.0%-12.7%-1.2%1.3K280.9K-1400.00175.470022145
2025-03-21$21.38$0.0029.3%4.6%25.1%19.1%0.0%-7.0%-5.3%-3.8K223.5K-3680.00165.490022145
2025-03-24$21.54$0.0028.4%6.9%25.2%18.3%0.0%-9.8%-8.5%-2.8K259.1K-2540.00155.440022145
2025-03-25$21.59$0.0020.3%4.1%25.1%11.3%0.0%-5.0%-5.3%-4.2K216.8K-3700.00154.480022145
2025-03-26$21.51$0.0038.6%6.0%25.2%27.2%0.0%-6.6%-9.6%-3.0K255.8K-2650.00155.330022145
2025-03-27$21.49$0.0021.7%4.9%25.1%12.5%0.0%1.1%-11.1%-4.0K211.2K-3580.00151.220022145
2025-03-28$21.00$0.0021.7%4.7%26.5%12.5%0.0%-5.7%-10.1%1.5K280.4K-1390.00159.850022145
2025-03-31$20.87$0.0010.9%2.9%26.6%3.1%0.0%-9.3%-0.3%1.9K280.5K-1330.00155.810022145