IHAK Options History — April 2021

In April 2021, IHAK traded between $38.70 and $42.07. ATM implied volatility averaged 31.1%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 12.2% (HV 20d: 18.9%). Max pain ranged from $38.00 to $41.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.27.

Notable Days

  • 2021-04-13: Highest Volume — 135 contracts
  • 2021-04-12: Largest IV spike — 61.0% change
  • 2021-04-12: Highest IV Rank — 28.0%
  • 2021-04-01: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.40$38.70$42.07$38.70$40.62
Max Pain$40.38$38.00$41.00$38.00$41.00
ATM IV31.1%23.4%50.8%37.7%26.3%
Expected Move8.0%6.7%10.8%10.8%7.5%
HV 20d18.9%13.4%25.5%25.3%17.8%
HV 60d24.5%23.4%25.4%25.4%23.4%
IV Rank9.5%2.3%28.0%15.7%5.0%
IV Percentile24.3%1.2%87.7%56.7%3.6%
Term Structure0.1%-13.2%9.0%-13.2%0.9%
VWIV27.3%22.6%38.6%38.6%22.6%
Skew 25d0.8%-8.8%12.3%12.3%6.4%
Skew 10d0.1%-15.1%5.3%0.5%2.8%
Call IV 25d26.8%21.2%38.6%21.2%23.7%
Put IV 25d27.6%19.3%33.5%33.5%30.1%
Bid-Ask Spread %122.83103.41134.70126.82132.78
Gamma HHI0.160.140.180.140.17
Net GEX37.9K24.9K52.2K24.9K45.1K
Net DEX-527.2K-738.7K-389.5K-389.5K-494.8K
Net VEX-2.4K-2.6K-2.1K-2.6K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.001.670.000.17
Total Volume10.571013500
Total OI464450489468465

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$38.70$38.0037.7%10.8%25.3%15.7%0.0%12.3%-13.2%24.9K-389.5K-2.6K0.00126.82N/AN/A0040464
2021-04-05$39.16$41.0038.3%8.0%25.5%16.2%0.0%1.3%9.0%25.3K-398.6K-2.4K0.00128.57N/AN/A11040464
2021-04-06$39.35$41.0034.0%8.4%25.4%12.3%38.6%-8.8%-0.2%25.4K-457.0K-2.6K0.00103.41N/AN/A3040464
2021-04-07$39.13$41.0030.9%7.6%21.9%9.3%36.8%-7.3%5.3%26.3K-418.6K-2.5K0.00125.81N/AN/A3040764
2021-04-08$39.68$41.0040.2%8.8%22.3%18.1%0.0%6.9%-3.6%30.0K-465.3K-2.5K0.00116.39N/AN/A1040864
2021-04-09$39.62$41.0031.6%9.4%19.3%10.0%24.1%-4.7%-5.6%28.5K-442.4K-2.4K0.00134.70N/AN/A2040964
2021-04-12$39.91$41.0050.8%7.5%19.4%28.0%27.1%-5.1%1.9%32.5K-447.9K-2.4K0.00128.89N/AN/A5040464
2021-04-13$40.51$41.0046.1%8.1%19.9%23.5%26.7%3.1%-1.2%39.0K-534.2K-2.5K0.75119.40N/AN/A775840964
2021-04-14$40.36$41.0024.9%7.1%20.0%3.7%28.2%4.2%2.5%38.1K-524.4K-2.5K0.43114.85N/AN/A7341164
2021-04-15$41.02$39.0028.6%8.2%20.7%7.2%24.8%0.1%2.5%40.5K-628.8K-2.6K1.50105.16N/AN/A2341867
2021-04-16$41.05$39.0028.2%8.1%16.1%6.9%0.0%0.0%2.6%41.0K-628.3K-2.6K0.00118.58N/AN/A0042069
2021-04-19$40.81$39.0028.1%8.0%16.1%6.7%0.0%3.2%1.5%43.0K-570.6K-2.5K0.00123.65N/AN/A2040250
2021-04-20$40.16$39.0026.3%7.5%17.0%5.0%0.0%5.7%1.4%38.0K-475.1K-2.3K0.00132.10N/AN/A2040250
2021-04-21$40.40$39.0026.9%7.7%16.3%5.6%25.1%-3.8%1.0%39.9K-501.3K-2.3K1.67116.23N/AN/A3540250
2021-04-22$40.56$41.0027.2%7.8%13.4%5.9%24.7%3.9%1.5%41.6K-511.4K-2.4K0.00116.59N/AN/A8039855
2021-04-23$40.89$41.0027.9%8.0%13.4%6.6%24.9%-5.2%1.9%42.4K-508.1K-2.3K0.00130.00N/AN/A1039755
2021-04-26$42.07$41.0023.6%6.8%16.0%2.6%24.6%6.4%2.2%52.2K-738.7K-2.4K0.00124.86N/AN/A4039555
2021-04-27$41.83$41.0027.0%7.7%16.3%5.7%26.6%0.5%-4.1%48.8K-726.3K-2.4K0.00124.17N/AN/A0239555
2021-04-28$41.55$41.0023.4%6.7%16.5%2.3%22.6%2.4%-3.4%44.7K-690.3K-2.5K0.00133.03N/AN/A6039557
2021-04-29$41.01$41.0024.8%7.1%17.3%3.6%0.0%-3.8%0.2%48.2K-518.9K-2.1K0.17123.36N/AN/A12239957
2021-04-30$40.62$41.0026.3%7.5%17.8%5.0%0.0%6.4%0.9%45.1K-494.8K-2.3K0.00132.78N/AN/A0040758