IHAK Options History — January 2021

In January 2021, IHAK traded between $39.31 and $43.31. ATM implied volatility averaged 47.4%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded above realized volatility by 23.8% (HV 20d: 23.6%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.29.

Notable Days

2021-01-27: Highest Volume — 89 contracts
2021-01-08: Largest IV spike — 105.4% change
2021-01-04: Highest IV Rank — 100.0%
2021-01-13: Largest Expected Move — 22.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.37	$39.31	$43.31	$39.73	$41.07
Max Pain	$40.00	$40.00	$40.00	$40.00	$40.00
ATM IV	47.4%	20.9%	128.0%	128.0%	44.6%
Expected Move	13.6%	10.3%	22.5%	11.2%	12.8%
HV 20d	23.6%	19.2%	27.1%	25.5%	23.6%
HV 60d	25.0%	24.0%	25.6%	24.8%	24.9%
IV Rank	32.0%	10.4%	100.0%	100.0%	28.5%
IV Percentile	62.2%	1.2%	100.0%	100.0%	70.6%
Term Structure	-4.8%	-51.5%	5.7%	4.6%	-0.5%
VWIV	46.6%	33.0%	115.1%	34.3%	55.6%
Skew 25d	-4.3%	-59.1%	15.3%	1.5%	1.1%
Skew 10d	6.3%	-5.2%	23.8%	10.9%	5.2%
Call IV 25d	44.0%	26.9%	100.3%	30.1%	51.5%
Put IV 25d	39.7%	30.6%	53.7%	31.6%	52.6%
Bid-Ask Spread %	120.23	110.83	127.44	121.76	125.42
Gamma HHI	0.45	0.35	0.93	0.41	0.40
Net GEX	136.8K	43.5K	1.2M	73.6K	52.4K
Net DEX	-1.7M	-2.2M	-1.2M	-1.5M	-1.4M
Net VEX	-4.7K	-5.0K	-4.3K	-4.4K	-4.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.00	2.00	0.61	0.00
Total Volume	27.526	0	89	29	4
Total OI	810.632	694	996	803	745

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-01-04	$39.73	$40.00	128.0%	11.2%	25.5%	100.0%	0.0%	1.5%	4.6%	73.6K	-1.5M	-4.4K	0.61	121.76	N/A	N/A	18	11	745	58
2021-01-05	$39.73	$40.00	29.7%	10.3%	25.5%	17.8%	0.0%	-57.9%	4.0%	82.8K	-1.4M	-4.4K	2.00	119.37	N/A	N/A	1	2	754	69
2021-01-06	$39.31	$40.00	42.7%	11.1%	26.1%	28.6%	34.3%	-59.1%	-1.5%	83.6K	-1.2M	-4.3K	0.00	123.40	N/A	N/A	35	0	752	71
2021-01-07	$40.38	$40.00	20.9%	10.3%	27.1%	10.4%	0.0%	7.2%	4.6%	123.3K	-1.5M	-4.5K	0.00	115.58	N/A	N/A	0	0	791	71
2021-01-08	$40.89	$40.00	42.9%	20.4%	24.4%	28.8%	34.4%	2.5%	-16.1%	100.3K	-1.8M	-4.5K	0.04	118.78	N/A	N/A	25	1	791	72
2021-01-11	$40.98	$40.00	53.9%	20.4%	24.1%	38.0%	0.0%	15.3%	-15.1%	100.5K	-1.9M	-4.4K	0.00	118.51	N/A	N/A	33	0	809	73
2021-01-12	$41.55	$40.00	45.8%	20.7%	24.2%	31.2%	33.0%	-0.9%	-51.5%	109.4K	-2.2M	-4.3K	0.05	120.77	N/A	N/A	37	2	815	73
2021-01-13	$40.80	$40.00	78.6%	22.5%	25.8%	58.7%	115.1%	10.8%	-19.5%	138.1K	-1.8M	-4.5K	0.00	122.99	N/A	N/A	70	0	845	75
2021-01-14	$41.17	$40.00	38.0%	10.9%	25.8%	24.7%	44.8%	-3.3%	5.7%	146.3K	-2.1M	-5.0K	0.00	120.35	N/A	N/A	29	0	912	75
2021-01-15	$41.01	$40.00	40.3%	11.6%	25.8%	26.6%	47.1%	-6.4%	2.2%	1.2M	-2.1M	-5.0K	0.00	118.71	N/A	N/A	58	0	921	75
2021-01-19	$41.93	$40.00	38.5%	11.0%	26.3%	25.2%	38.3%	2.6%	4.0%	50.0K	-1.5M	-4.8K	0.83	118.59	N/A	N/A	6	5	631	63
2021-01-20	$42.30	$40.00	39.7%	11.4%	22.0%	26.2%	38.7%	-0.2%	4.5%	50.3K	-1.6M	-4.8K	0.00	121.21	N/A	N/A	31	0	635	68
2021-01-21	$42.07	$40.00	40.8%	11.7%	22.2%	27.1%	41.4%	6.1%	5.6%	50.0K	-1.7M	-5.0K	1.00	115.34	N/A	N/A	4	4	659	68
2021-01-22	$42.41	$40.00	41.7%	12.0%	19.5%	26.0%	34.9%	9.0%	-0.4%	52.8K	-1.7M	-4.9K	0.00	112.32	N/A	N/A	2	0	660	72
2021-01-25	$42.57	$40.00	40.8%	11.7%	19.5%	25.1%	0.0%	1.8%	-13.4%	49.3K	-1.8M	-4.9K	0.00	125.50	N/A	N/A	25	0	662	72
2021-01-26	$42.65	$40.00	38.9%	11.1%	19.2%	23.5%	41.6%	-3.2%	-10.8%	52.0K	-1.8M	-4.8K	0.59	110.83	N/A	N/A	17	10	660	72
2021-01-27	$43.31	$40.00	50.0%	14.3%	19.7%	33.0%	55.6%	-9.1%	-1.7%	43.5K	-1.8M	-4.8K	0.13	127.44	N/A	N/A	79	10	664	82
2021-01-28	$42.10	$40.00	45.2%	12.9%	21.6%	28.9%	0.0%	0.7%	4.9%	49.0K	-1.6M	-4.8K	0.00	127.41	N/A	N/A	4	0	660	82
2021-01-29	$41.07	$40.00	44.6%	12.8%	23.6%	28.5%	0.0%	1.1%	-0.5%	52.4K	-1.4M	-4.8K	0.00	125.42	N/A	N/A	4	0	663	82