IHAK Options History — May 2021

In May 2021, IHAK traded between $38.28 and $40.82. ATM implied volatility averaged 29.6%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 9.3% (HV 20d: 20.3%). Max pain ranged from $38.00 to $41.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.35.

Notable Days

2021-05-06: Highest Volume — 41 contracts
2021-05-11: Largest IV spike — 40.9% change
2021-05-11: Highest IV Rank — 25.9%
2021-05-17: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.58	$38.28	$40.82	$40.39	$40.69
Max Pain	$38.45	$38.00	$41.00	$41.00	$38.00
ATM IV	29.6%	21.2%	48.7%	29.4%	21.2%
Expected Move	8.1%	6.1%	9.5%	8.4%	6.1%
HV 20d	20.3%	17.6%	22.9%	17.6%	20.3%
HV 60d	23.4%	21.0%	24.2%	23.3%	21.0%
IV Rank	8.1%	0.3%	25.9%	7.9%	0.3%
IV Percentile	21.5%	0.4%	86.1%	18.3%	0.4%
Term Structure	-2.9%	-12.5%	3.9%	-7.8%	1.1%
VWIV	26.0%	22.0%	30.0%	23.2%	25.0%
Skew 25d	3.5%	-8.6%	14.0%	3.5%	1.8%
Skew 10d	6.1%	-15.3%	22.3%	4.9%	0.1%
Call IV 25d	25.7%	17.9%	32.3%	23.1%	17.9%
Put IV 25d	29.2%	15.7%	42.7%	26.6%	19.7%
Bid-Ask Spread %	115.00	104.73	142.52	121.80	113.91
Gamma HHI	0.17	0.16	0.19	0.17	0.19
Net GEX	36.7K	23.2K	57.2K	46.0K	57.2K
Net DEX	-348.2K	-522.2K	-201.9K	-454.6K	-519.1K
Net VEX	-1.8K	-2.1K	-1.6K	-2.1K	-1.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.00	1.67	0.09	0.00
Total Volume	14.85	0	41	0	29
Total OI	504.1	467	555	467	487

Daily Data (20 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
2021-05-03	$40.39	$41.00	29.4%	8.4%	17.6%	7.9%	0.0%	3.5%	-7.8%	46.0K	-454.6K	-2.1K	0.00	121.80	N/A	N/A	0	0	409	58
2021-05-04	$39.56	$41.00	29.8%	8.5%	19.3%	8.3%	0.0%	2.0%	-5.3%	36.1K	-318.5K	-1.8K	0.09	141.95	N/A	N/A	23	2	409	58
2021-05-05	$39.31	$41.00	32.4%	9.3%	19.3%	10.8%	0.0%	7.0%	-5.9%	32.1K	-262.3K	-1.7K	1.67	142.52	N/A	N/A	6	10	409	60
2021-05-06	$38.96	$38.00	32.7%	7.7%	18.9%	11.0%	23.2%	5.4%	-6.7%	30.0K	-229.3K	-1.6K	0.32	104.73	N/A	N/A	31	10	411	70
2021-05-07	$39.52	$38.00	26.2%	7.6%	19.6%	5.0%	26.0%	0.6%	-1.3%	36.8K	-330.4K	-1.9K	0.00	108.96	N/A	N/A	4	0	421	61
2021-05-10	$39.10	$38.00	34.6%	8.0%	19.7%	12.8%	23.6%	7.7%	-8.5%	34.1K	-331.5K	-1.9K	0.00	109.80	N/A	N/A	27	0	425	61
2021-05-11	$39.17	$38.00	48.7%	8.9%	18.9%	25.9%	27.6%	14.0%	-4.2%	32.5K	-299.5K	-1.8K	0.00	120.07	N/A	N/A	0	1	440	61
2021-05-12	$38.28	$38.00	31.9%	9.1%	20.3%	10.2%	27.4%	6.8%	-3.4%	25.7K	-212.0K	-1.7K	1.33	106.94	N/A	N/A	12	16	440	62
2021-05-13	$38.37	$38.00	27.6%	7.9%	19.2%	6.2%	30.0%	7.4%	3.9%	23.2K	-201.9K	-1.8K	0.00	112.61	N/A	N/A	7	0	448	77
2021-05-14	$39.22	$38.00	28.4%	8.2%	21.2%	7.1%	26.6%	7.1%	2.6%	31.3K	-314.7K	-2.0K	0.27	108.74	N/A	N/A	22	6	447	77
2021-05-17	$38.81	$38.00	33.3%	9.5%	21.3%	11.6%	26.1%	12.2%	-12.5%	29.9K	-284.3K	-1.9K	0.14	109.07	N/A	N/A	7	1	462	83
2021-05-18	$39.30	$38.00	26.5%	7.6%	21.3%	5.3%	26.9%	1.6%	-1.2%	32.2K	-322.2K	-1.9K	0.17	114.05	N/A	N/A	6	1	466	84
2021-05-19	$38.93	$38.00	31.4%	9.0%	21.4%	9.9%	26.6%	12.6%	-5.5%	27.4K	-270.0K	-1.9K	0.55	114.74	N/A	N/A	20	11	470	85
2021-05-20	$39.78	$38.00	28.6%	8.2%	22.9%	7.2%	28.3%	-4.7%	-0.7%	33.4K	-349.0K	-1.8K	0.00	109.92	N/A	N/A	7	0	457	86
2021-05-21	$39.98	$38.00	24.8%	7.1%	22.7%	3.6%	25.1%	0.5%	3.3%	39.9K	-395.9K	-1.8K	0.60	110.39	N/A	N/A	5	3	451	86
2021-05-24	$40.43	$38.00	28.2%	8.1%	20.5%	6.9%	26.7%	-2.6%	0.4%	45.2K	-433.1K	-1.7K	0.40	111.47	N/A	N/A	5	2	420	69
2021-05-25	$40.27	$38.00	28.2%	8.1%	20.4%	6.8%	22.0%	2.9%	-0.6%	43.1K	-423.5K	-1.7K	0.00	112.82	N/A	N/A	8	0	420	69
2021-05-26	$40.82	$38.00	24.7%	7.1%	21.0%	3.5%	25.1%	-8.6%	-3.0%	49.5K	-522.2K	-1.7K	0.20	111.17	N/A	N/A	10	2	427	69
2021-05-27	$40.73	$38.00	23.4%	6.7%	20.6%	2.4%	0.0%	-6.5%	-3.5%	49.1K	-489.3K	-1.6K	0.50	114.39	N/A	N/A	2	1	422	65
2021-05-28	$40.69	$38.00	21.2%	6.1%	20.3%	0.3%	25.0%	1.8%	1.1%	57.2K	-519.1K	-1.6K	0.00	113.91	N/A	N/A	29	0	422	65