IHAK Options History — August 2019

In August 2019, IHAK traded between $24.70 and $26.57. ATM implied volatility averaged 38.7%. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 13.2% (HV 20d: 25.5%). Max pain ranged from $25.00 to $29.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-08-14: Highest Volume — 20 contracts
  • 2019-08-21: Largest IV spike — 133.6% change
  • 2019-08-23: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.23$24.70$26.57$26.57$25.07
Max Pain$25.80$25.00$29.00$29.00$25.00
ATM IV38.7%13.7%74.7%17.5%37.1%
Expected Move8.6%3.9%13.3%5.0%10.6%
HV 20d25.5%24.7%27.1%27.1%24.7%
Term Structure11.9%-16.6%105.5%10.4%105.5%
VWIV31.2%31.2%31.2%31.2%31.2%
Skew 25d3.0%-7.1%15.8%7.9%4.1%
Skew 10d5.2%-8.1%23.2%2.8%13.5%
Call IV 25d30.5%12.9%53.4%13.7%40.2%
Put IV 25d33.5%13.8%69.2%21.6%44.3%
Bid-Ask Spread %149.40117.85163.58143.50155.53
Gamma HHI0.680.460.940.830.48
Net GEX1.1K1382.3K1.5K304
Net DEX-17.7K-39.8K-185-32.3K-7.9K
Net VEX-166-229-94-94-203
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.27302000
Total OI34.72718461846

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$26.57$0.0017.5%5.0%0.0%0.0%0.0%7.9%10.4%1.5K-32.3K-940.00143.50N/AN/A00180
2019-08-02$25.98$0.0030.8%8.8%0.0%0.0%0.0%3.7%-9.4%1.3K-28.2K-960.00141.13N/AN/A00180
2019-08-05$24.99$29.0046.2%8.7%0.0%0.0%0.0%4.2%-7.7%1.2K-22.5K-1010.00149.31N/AN/A00180
2019-08-06$25.02$29.0040.9%5.5%0.0%0.0%0.0%-2.6%-1.3%1.4K-22.4K-980.00137.28N/AN/A00180
2019-08-07$25.07$29.0061.4%10.1%0.0%0.0%0.0%3.9%-7.3%1.0K-23.2K-1010.00163.58N/AN/A00180
2019-08-08$25.85$29.0048.9%8.1%0.0%0.0%31.2%4.0%-5.5%1.2K-27.3K-980.00154.89N/AN/A80180
2019-08-09$25.69$25.0051.5%8.0%0.0%0.0%0.0%-7.1%-4.8%2.2K-39.8K-1230.00150.57N/AN/A00260
2019-08-12$25.28$25.0074.7%9.4%0.0%0.0%0.0%4.2%-9.1%1.9K-35.6K-1250.00152.53N/AN/A00260
2019-08-13$25.63$25.0074.5%8.5%0.0%0.0%0.0%4.9%-6.5%2.0K-38.7K-1220.00152.53N/AN/A00260
2019-08-14$24.94$25.0037.0%10.6%0.0%0.0%0.0%3.8%-14.4%2.3K-29.1K-1180.00146.71N/AN/A020260
2019-08-15$24.81$25.0032.5%9.3%0.0%0.0%0.0%4.7%-16.6%239-3.4K-2240.00153.96N/AN/A002620
2019-08-16$25.05$25.0031.6%9.1%27.1%0.0%0.0%2.8%-16.4%492-8.5K-2290.00153.56N/AN/A002620
2019-08-19$25.06$25.0016.8%4.8%26.3%0.0%0.0%-2.3%43.0%1.3K-11.8K-2260.00117.85N/AN/A002620
2019-08-20$24.97$25.0013.7%3.9%25.5%0.0%0.0%0.9%2.7%1.6K-8.7K-2250.00133.02N/AN/A002620
2019-08-21$25.38$25.0032.0%9.2%26.0%0.0%0.0%-4.6%27.0%625-14.8K-2170.00152.18N/AN/A002620
2019-08-22$25.31$25.0032.2%9.2%25.3%0.0%0.0%3.8%97.0%473-13.6K-2170.00154.57N/AN/A002620
2019-08-23$24.85$25.0046.4%13.3%25.1%0.0%0.0%15.8%28.6%138-5.5K-2190.00159.01N/AN/A002620
2019-08-26$24.95$25.0033.1%9.5%25.1%0.0%0.0%-3.2%5.7%754-7.4K-2170.00159.31N/AN/A002620
2019-08-27$24.82$25.0021.5%6.2%25.1%0.0%0.0%10.9%2.7%693-1.6K-2030.00147.13N/AN/A002620
2019-08-28$24.70$25.0035.6%10.2%25.0%0.0%0.0%3.2%5.4%271-185-2030.00153.48N/AN/A002620
2019-08-29$25.00$25.0035.3%10.1%25.6%0.0%0.0%3.6%32.2%294-6.3K-2030.00155.21N/AN/A002620
2019-08-30$25.07$25.0037.1%10.6%24.7%0.0%0.0%4.1%105.5%304-7.9K-2030.00155.53N/AN/A002620