IHAK Options History — November 2020

In November 2020, IHAK traded between $30.80 and $34.62. ATM implied volatility averaged 33.5%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 6.2% (HV 20d: 27.3%). Max pain ranged from $24.00 to $34.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.09.

Notable Days

  • 2020-11-25: Highest Volume — 12 contracts
  • 2020-11-11: Largest IV drop — 23.2% change
  • 2020-11-02: Highest IV Rank — 31.8%
  • 2020-11-02: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.20$30.80$34.62$30.80$34.62
Max Pain$25.75$24.00$34.00$34.00$29.00
ATM IV33.5%26.8%44.3%44.3%30.9%
Expected Move9.0%7.7%12.7%12.7%8.9%
HV 20d27.3%18.8%29.6%18.8%23.4%
HV 60d26.5%23.0%27.3%24.3%23.0%
IV Rank22.2%16.3%31.8%31.8%20.0%
IV Percentile29.5%6.3%65.1%65.1%21.8%
Term Structure-5.4%-9.6%-0.9%-8.0%-2.9%
VWIV39.6%26.1%84.9%31.7%84.9%
Skew 25d3.7%-5.5%11.9%5.1%0.0%
Skew 10d2.4%-4.9%8.8%3.5%1.2%
Call IV 25d31.7%24.6%45.2%45.2%35.8%
Put IV 25d35.4%24.0%50.4%50.4%35.8%
Bid-Ask Spread %132.92123.82145.24145.24131.70
Gamma HHI0.280.200.450.200.35
Net GEX10.3K4.7K20.6K4.7K18.5K
Net DEX-217.0K-467.9K-102.5K-102.5K-422.1K
Net VEX-432-765-277-330-708
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.001.001.000.00
Total Volume1.9501205
Total OI109.158218783176

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$30.80$34.0044.3%12.7%18.8%31.8%0.0%5.1%-8.0%4.7K-102.5K-3300.00145.24N/AN/A00812
2020-11-03$31.65$34.0041.4%11.9%21.9%29.3%31.7%-0.7%-8.8%5.1K-118.2K-3441.00138.72N/AN/A11812
2020-11-04$33.01$34.0036.8%10.5%26.8%25.1%0.0%-0.8%-5.6%5.9K-145.8K-3670.00142.91N/AN/A00812
2020-11-05$33.53$24.0038.3%8.5%27.4%26.5%0.0%5.7%-5.3%6.1K-159.0K-3740.00129.53N/AN/A00812
2020-11-06$33.56$24.0040.2%9.2%27.0%28.2%0.0%11.9%-9.3%6.0K-159.2K-3720.00123.82N/AN/A00812
2020-11-09$32.89$24.0040.5%8.3%27.1%28.5%0.0%7.6%-7.2%6.3K-144.5K-3470.00128.06N/AN/A00812
2020-11-10$32.00$24.0041.4%8.3%28.1%29.3%0.0%5.4%-0.9%6.0K-123.2K-3260.00125.53N/AN/A00812
2020-11-11$32.60$24.0031.8%9.1%29.2%20.8%0.0%7.5%-2.3%6.3K-136.7K-3330.00126.13N/AN/A00812
2020-11-12$32.67$24.0028.4%8.2%29.3%17.8%0.0%7.0%-3.0%6.6K-138.4K-3280.00126.77N/AN/A10812
2020-11-13$32.97$24.0029.2%8.4%29.6%18.4%0.0%1.8%-3.8%6.8K-144.2K-3210.00135.61N/AN/A00812
2020-11-16$33.09$24.0029.3%8.4%29.4%18.5%0.0%5.2%-6.1%7.8K-146.7K-3000.00138.00N/AN/A10812
2020-11-17$33.39$24.0030.2%8.7%29.6%19.3%26.1%2.6%-9.6%7.9K-152.6K-2770.00136.43N/AN/A80802
2020-11-18$33.24$24.0030.3%8.7%29.1%19.5%27.6%5.1%-3.9%8.2K-156.1K-3210.00136.33N/AN/A10872
2020-11-19$33.61$24.0030.2%8.6%29.3%19.3%27.7%4.1%-5.8%8.5K-166.5K-3240.00132.13N/AN/A30872
2020-11-20$33.90$24.0026.8%7.7%29.4%16.3%0.0%-5.5%-5.1%16.6K-169.3K-3150.00124.69N/AN/A10882
2020-11-23$33.85$24.0029.6%8.5%28.8%18.8%0.0%4.9%-4.2%20.1K-414.4K-7420.00133.93N/AN/A401830
2020-11-24$33.90$24.0030.9%8.9%28.8%20.0%0.0%4.4%-5.8%20.6K-426.5K-7650.00135.27N/AN/A001870
2020-11-25$34.20$24.0030.0%8.6%26.4%19.1%84.9%2.9%-4.6%19.3K-446.3K-7430.00133.85N/AN/A1201870
2020-11-27$34.55$24.0029.1%8.3%26.1%18.3%0.0%-0.7%-5.5%18.6K-467.9K-6950.00133.73N/AN/A101870
2020-11-30$34.62$29.0030.9%8.9%23.4%20.0%0.0%0.0%-2.9%18.5K-422.1K-7080.00131.70N/AN/A501760