IHAK Options History — February 2021

In February 2021, IHAK traded between $39.43 and $43.00. ATM implied volatility averaged 40.0%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 16.7% (HV 20d: 23.3%). Max pain ranged from $34.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.16.

Notable Days

  • 2021-02-01: Highest Volume — 70 contracts
  • 2021-02-09: Largest IV spike — 24.5% change
  • 2021-02-02: Highest IV Rank — 29.1%
  • 2021-02-25: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.67$39.43$43.00$41.63$39.43
Max Pain$35.21$34.00$40.00$40.00$35.00
ATM IV40.0%32.8%47.1%44.3%36.3%
Expected Move11.4%9.7%13.5%12.7%10.4%
HV 20d23.3%21.7%25.0%24.0%23.1%
HV 60d23.3%22.4%24.8%24.5%24.8%
IV Rank19.8%12.0%29.1%28.2%14.3%
IV Percentile57.0%29.0%75.4%70.6%44.4%
Term Structure-2.1%-20.9%6.9%0.7%-3.8%
VWIV42.0%33.8%61.6%41.8%51.0%
Skew 25d3.7%-24.3%20.9%11.5%2.8%
Skew 10d9.6%-0.2%20.1%3.5%13.6%
Call IV 25d36.5%26.4%51.3%32.8%36.9%
Put IV 25d40.2%27.0%57.4%44.3%39.7%
Bid-Ask Spread %110.0595.24118.08116.4196.08
Gamma HHI0.310.210.400.400.23
Net GEX62.2K41.0K76.9K54.5K42.0K
Net DEX-1.6M-2.1M-885.1K-1.6M-885.4K
Net VEX-4.2K-4.7K-3.5K-4.7K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.001.000.000.00
Total Volume23.526070702
Total OI738.158553808747581

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$41.63$40.0044.3%12.7%24.0%28.2%41.8%11.5%0.7%54.5K-1.6M-4.7K0.00116.41N/AN/A70066582
2021-02-02$42.14$40.0045.4%13.0%23.3%29.1%0.0%-6.3%1.4%63.7K-1.8M-4.7K0.00115.51N/AN/A0471182
2021-02-03$41.20$40.0038.4%11.0%25.0%23.1%0.0%-24.3%-5.4%70.0K-1.6M-4.7K0.75118.08N/AN/A4371186
2021-02-04$41.67$34.0042.4%11.8%24.8%26.5%0.0%14.1%-6.9%68.8K-1.6M-4.7K0.00113.31N/AN/A5071589
2021-02-05$42.00$34.0041.0%11.1%23.2%25.4%34.2%7.7%-1.4%69.1K-1.8M-4.5K0.00106.96N/AN/A03870889
2021-02-08$42.24$34.0032.8%10.4%22.9%17.2%61.6%3.8%-0.8%75.1K-1.9M-4.3K0.13116.04N/AN/A16270885
2021-02-09$43.00$34.0040.8%9.9%23.7%18.6%0.0%3.5%3.5%73.7K-2.1M-4.3K0.00112.09N/AN/A51072286
2021-02-10$42.57$34.0033.8%9.7%23.6%12.0%0.0%3.6%6.9%71.4K-1.9M-4.5K0.00117.80N/AN/A0071886
2021-02-11$42.68$34.0038.0%10.9%22.5%16.0%33.8%2.6%-1.2%65.8K-1.9M-4.5K1.00111.65N/AN/A1171886
2021-02-12$42.82$34.0038.5%11.0%22.4%16.5%0.0%-1.0%0.8%66.4K-2.0M-4.4K0.00111.01N/AN/A0071986
2021-02-16$42.30$34.0037.7%10.8%22.8%15.7%39.9%1.1%-1.4%71.3K-1.9M-4.1K0.00116.01N/AN/A56071986
2021-02-17$41.82$34.0040.8%11.7%21.9%18.6%39.7%20.9%-1.0%73.7K-1.8M-4.1K0.20105.52N/AN/A5171986
2021-02-18$41.95$34.0040.0%11.5%21.7%17.8%43.3%2.6%-0.3%71.5K-1.9M-3.9K0.20112.11N/AN/A5172187
2021-02-19$42.24$34.0039.3%11.3%21.8%17.2%0.0%-4.5%3.1%76.9K-2.0M-3.8K0.00111.66N/AN/A58072088
2021-02-22$41.12$35.0039.4%11.3%23.5%17.3%0.0%7.5%-6.5%41.1K-1.1M-3.7K0.00109.33N/AN/A14050944
2021-02-23$40.72$35.0042.0%12.0%23.6%19.7%39.7%1.0%-3.4%41.2K-1.1M-3.6K0.05102.10N/AN/A21151344
2021-02-24$40.74$35.0041.7%12.0%23.6%19.4%37.0%4.9%-2.4%44.2K-1.1M-3.7K0.0895.24N/AN/A53453445
2021-02-25$39.49$35.0047.1%13.5%24.7%24.5%40.4%18.3%-20.9%41.0K-885.1K-3.6K0.03103.97N/AN/A30152849
2021-02-26$39.43$35.0036.3%10.4%23.1%14.3%51.0%2.8%-3.8%42.0K-885.4K-3.5K0.0096.08N/AN/A2053150