IHAK Options History — September 2020

In September 2020, IHAK traded between $31.94 and $36.18. ATM implied volatility averaged 36.1%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 5.0% (HV 20d: 31.1%). Max pain ranged from $32.00 to $37.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.14.

Notable Days

  • 2020-09-03: Highest Volume — 43 contracts
  • 2020-09-04: Largest IV spike — 25.3% change
  • 2020-09-04: Highest IV Rank — 31.4%
  • 2020-09-03: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.93$31.94$36.18$35.74$32.78
Max Pain$36.52$32.00$37.00$32.00$37.00
ATM IV36.1%32.9%43.8%36.9%36.8%
Expected Move10.4%9.4%14.2%10.6%10.6%
HV 20d31.1%18.5%34.7%18.5%32.0%
HV 60d24.9%21.4%25.9%21.4%25.8%
IV Rank24.6%21.7%31.4%25.3%25.2%
IV Percentile42.0%31.3%63.5%45.6%44.4%
Term Structure-0.5%-6.2%5.8%-2.4%-4.5%
VWIV35.9%24.3%43.8%43.8%24.3%
Skew 25d0.9%-14.3%10.3%6.0%6.7%
Skew 10d6.6%-14.8%26.4%-6.7%16.0%
Call IV 25d36.5%30.1%45.1%39.5%37.5%
Put IV 25d37.4%27.4%54.1%45.5%44.2%
Bid-Ask Spread %139.15121.31150.73121.31150.47
Gamma HHI0.420.190.920.430.20
Net GEX11.4K2.5K57.8K6.5K4.0K
Net DEX-167.8K-330.4K-60.3K-316.4K-92.6K
Net VEX-385-495-253-379-389
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.001.000.001.00
Total Volume4.14304370
Total OI107.9054014413060

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$35.74$32.0036.9%10.6%18.5%25.3%43.8%6.0%-2.4%6.5K-316.4K-3790.00121.31N/AN/A7011119
2020-09-02$36.18$32.0037.6%10.8%18.8%25.9%40.6%10.3%2.9%7.3K-330.4K-3660.00121.71N/AN/A8011319
2020-09-03$34.01$37.0035.0%14.2%29.5%23.6%37.0%-14.3%-0.6%9.8K-266.4K-4810.05132.86N/AN/A41212019
2020-09-04$33.09$37.0043.8%10.7%30.7%31.4%33.9%-2.0%1.3%12.1K-212.0K-4950.25141.10N/AN/A4112018
2020-09-08$32.30$37.0040.8%11.4%31.3%28.8%0.0%4.3%-0.8%13.3K-174.9K-4770.00135.22N/AN/A0012419
2020-09-09$32.82$37.0033.5%9.6%31.6%22.3%0.0%2.0%4.8%14.2K-213.1K-4600.00126.39N/AN/A0012419
2020-09-10$32.45$37.0039.1%11.2%31.9%27.2%0.0%-0.3%-6.2%15.7K-187.8K-4530.00134.92N/AN/A0012419
2020-09-11$31.94$37.0035.8%10.3%31.9%24.3%0.0%5.7%-4.2%18.2K-148.9K-4280.00135.90N/AN/A0012419
2020-09-14$32.43$37.0034.5%9.9%32.4%23.1%0.0%1.0%5.8%14.0K-198.1K-3860.00145.98N/AN/A0012419
2020-09-15$32.48$37.0034.0%9.8%32.3%22.7%0.0%-0.2%4.3%13.0K-188.4K-3700.00147.59N/AN/A1012419
2020-09-16$32.52$37.0033.8%9.7%32.1%22.5%0.0%5.7%-0.3%13.7K-194.2K-3550.00147.66N/AN/A0012519
2020-09-17$32.03$37.0035.8%10.3%32.4%24.3%0.0%-9.9%1.0%14.8K-158.1K-3220.00148.96N/AN/A0012519
2020-09-18$32.21$37.0032.9%9.4%32.2%21.7%24.3%-7.3%-0.6%57.8K-264.3K-2650.00134.46N/AN/A2012519
2020-09-21$32.47$37.0037.5%10.8%32.3%25.9%0.0%2.0%-2.4%2.5K-60.3K-2530.00147.17N/AN/A00400
2020-09-22$33.14$37.0033.6%9.6%33.2%22.4%0.0%-0.3%-0.7%2.8K-67.0K-2530.00132.40N/AN/A180400
2020-09-23$32.43$37.0037.0%10.6%33.9%25.4%0.0%1.3%-2.0%3.7K-90.3K-3920.00139.84N/AN/A10580
2020-09-24$32.02$37.0032.9%9.4%33.3%21.8%0.0%0.9%-0.8%3.7K-85.0K-3871.00136.74N/AN/A11590
2020-09-25$32.67$37.0035.3%10.1%34.4%23.9%0.0%3.9%0.0%3.8K-88.4K-3940.00148.94N/AN/A00591
2020-09-28$33.00$37.0036.8%10.6%34.7%25.2%0.0%3.3%-1.6%4.0K-94.2K-3940.00150.73N/AN/A00591
2020-09-29$32.89$37.0034.6%9.9%34.6%23.3%0.0%-0.3%-3.2%3.9K-94.1K-3940.00141.90N/AN/A00591
2020-09-30$32.78$37.0036.8%10.6%32.0%25.2%0.0%6.7%-4.5%4.0K-92.6K-3890.00150.47N/AN/A00591