IHAK Options History — March 2020

In March 2020, IHAK traded between $20.98 and $26.68. ATM implied volatility averaged 75.7%, placing in the 63.1% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 30.4% (HV 20d: 45.2%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-03-20: Highest Volume — 20 contracts
  • 2020-03-23: Largest IV spike — 79.0% change
  • 2020-03-10: Highest IV Rank — 100.0%
  • 2020-03-16: Largest Expected Move — 33.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.77$20.98$26.68$26.30$24.91
ATM IV75.7%45.0%120.9%59.5%55.4%
Expected Move20.0%10.2%33.1%17.0%15.9%
HV 20d45.2%25.5%62.4%25.8%60.7%
HV 60d29.1%17.5%38.2%17.5%38.2%
IV Rank63.1%32.4%100.0%56.6%41.7%
IV Percentile88.2%56.8%100.0%88.1%76.9%
Term Structure-15.0%-37.5%13.1%-15.0%-8.0%
Skew 25d5.1%-13.8%24.2%5.0%17.8%
Skew 10d1.3%-26.5%45.3%45.3%9.4%
Call IV 25d67.8%30.4%128.6%56.1%44.8%
Put IV 25d72.9%35.1%114.8%61.2%62.6%
Bid-Ask Spread %165.61122.55186.11180.68130.25
Gamma HHI0.750.620.840.800.66
Net GEX522951.7K3361.7K
Net DEX-10.8K-28.5K-2.1K-6.0K-26.4K
Net VEX-56-127-16-35-121
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.04502000
Total OI12.591627627

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$26.30$0.0059.5%17.0%25.8%56.6%0.0%5.0%-15.0%336-6.0K-350.00180.68N/AN/A0060
2020-03-03$26.11$0.0058.7%16.8%25.5%55.7%0.0%5.1%-15.9%325-5.7K-330.00186.11N/AN/A2060
2020-03-04$26.68$0.0059.2%17.0%26.4%56.3%0.0%4.8%-17.7%354-6.5K-350.00185.14N/AN/A0060
2020-03-05$26.23$0.0068.3%13.5%26.8%66.4%0.0%2.2%-11.9%301-6.1K-340.00176.82N/AN/A0060
2020-03-06$25.61$0.0067.0%10.2%27.5%65.0%0.0%-0.7%-2.4%306-4.9K-310.00172.38N/AN/A0060
2020-03-09$24.18$0.0068.2%12.0%33.0%66.3%0.0%24.2%13.1%216-3.7K-260.00157.69N/AN/A0060
2020-03-10$24.42$0.00120.9%20.9%33.1%100.0%0.0%0.5%-20.3%188-5.3K-310.00182.91N/AN/A0060
2020-03-11$23.55$0.0057.3%16.4%34.3%43.4%0.0%2.6%-16.1%197-3.4K-240.00164.38N/AN/A0060
2020-03-12$21.62$0.0099.5%28.5%43.4%81.0%0.0%-1.1%-1.9%95-5.2K-270.00173.95N/AN/A0060
2020-03-13$22.20$0.0066.3%19.0%45.2%51.4%0.0%8.8%-18.1%148-2.7K-210.00159.40N/AN/A0060
2020-03-16$21.24$0.00115.3%33.1%46.1%95.1%0.0%-13.8%-37.5%107-4.2K-250.00178.17N/AN/A0060
2020-03-17$21.93$0.00114.7%32.9%48.7%94.4%0.0%9.7%-36.7%134-2.2K-160.00179.40N/AN/A0060
2020-03-18$20.98$0.0099.2%28.4%49.2%80.7%0.0%-3.6%-27.1%108-3.6K-230.00164.29N/AN/A0060
2020-03-19$21.95$0.0074.4%21.3%53.8%58.6%0.0%9.9%-23.1%140-2.7K-200.00163.28N/AN/A0060
2020-03-20$21.64$0.0052.4%15.0%53.7%39.1%0.0%-0.2%3.7%131-2.1K-170.00181.97N/AN/A20060
2020-03-23$21.77$0.0093.8%26.9%53.8%75.9%0.0%2.0%-20.5%650-18.0K-1020.00173.30N/AN/A00260
2020-03-24$23.40$0.0092.3%26.5%60.8%74.6%0.0%8.3%-26.3%805-23.6K-1150.00169.68N/AN/A10260
2020-03-25$24.14$0.0093.1%26.7%62.3%75.2%0.0%11.2%-23.9%868-28.5K-1270.00170.34N/AN/A00270
2020-03-26$24.54$0.0055.1%15.8%62.4%41.5%0.0%5.5%-12.7%1.4K-24.1K-1200.00145.54N/AN/A00270
2020-03-27$24.59$0.0049.1%14.1%61.8%36.1%0.0%6.9%-6.5%1.4K-25.7K-1210.00125.09N/AN/A00270
2020-03-30$24.94$0.0045.0%12.9%60.8%32.4%0.0%8.1%-4.3%1.6K-25.9K-1210.00122.55N/AN/A00270
2020-03-31$24.91$0.0055.4%15.9%60.7%41.7%0.0%17.8%-8.0%1.7K-26.4K-1210.00130.25N/AN/A00270