IHAK Options History — June 2021

In June 2021, IHAK traded between $40.67 and $43.84. ATM implied volatility averaged 21.3%, placing in the 2.3% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 6.1% (HV 20d: 15.1%). Max pain ranged from $38.00 to $41.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.22.

Notable Days

  • 2021-06-17: Highest Volume — 187 contracts
  • 2021-06-17: Largest IV drop — 23.1% change
  • 2021-06-03: Highest IV Rank — 7.0%
  • 2021-06-02: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.58$40.67$43.84$40.78$43.20
Max Pain$39.95$38.00$41.00$38.00$41.00
ATM IV21.3%16.7%28.4%23.7%20.5%
Expected Move5.9%4.8%7.2%6.8%5.9%
HV 20d15.1%11.8%20.2%20.2%13.1%
HV 60d18.3%16.8%21.0%21.0%17.0%
IV Rank2.3%0.0%7.0%2.6%3.5%
IV Percentile2.8%0.0%15.5%2.4%4.0%
Term Structure1.3%-5.5%6.3%0.2%0.1%
VWIV21.9%15.3%28.1%22.0%28.1%
Skew 25d0.9%-7.4%8.0%-0.7%8.0%
Skew 10d0.1%-11.1%6.6%-3.7%2.8%
Call IV 25d19.8%14.9%27.6%20.2%19.2%
Put IV 25d20.7%15.7%27.2%19.5%27.2%
Bid-Ask Spread %125.65111.08151.47111.94133.46
Gamma HHI0.250.180.710.210.20
Net GEX82.8K25.8K141.7K62.8K39.2K
Net DEX-886.9K-1.4M-432.9K-533.7K-562.2K
Net VEX-1.5K-1.8K-1.2K-1.6K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.002.000.000.23
Total Volume41.7731187471
Total OI461.455189668510246

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$40.78$38.0023.7%6.8%20.2%2.6%22.0%-0.7%0.2%62.8K-533.7K-1.6K0.00111.94N/AN/A47044565
2021-06-02$41.11$38.0025.0%7.2%18.7%3.8%27.3%0.1%-2.7%80.2K-719.6K-1.7K0.00112.25N/AN/A15049165
2021-06-03$40.67$40.0028.4%6.1%19.0%7.0%0.0%7.0%-0.9%73.0K-647.7K-1.8K0.27111.08N/AN/A11349665
2021-06-04$41.08$40.0023.4%5.9%18.8%2.4%0.0%6.8%3.8%87.7K-713.6K-1.6K0.00117.38N/AN/A52049068
2021-06-07$41.67$40.0027.5%6.6%18.8%6.2%0.0%3.1%1.4%119.5K-987.7K-1.7K0.00151.47N/AN/A11053468
2021-06-08$42.17$40.0022.7%5.7%18.4%1.7%19.9%-2.0%5.6%121.0K-1.2M-1.4K0.00117.10N/AN/A5053368
2021-06-09$41.93$40.0022.0%6.3%18.7%1.1%0.0%0.2%6.3%119.2K-1.1M-1.6K0.00128.29N/AN/A5053368
2021-06-10$42.53$40.0019.1%5.5%16.2%0.0%23.7%2.6%4.6%111.2K-1.3M-1.2K0.01121.71N/AN/A97153468
2021-06-11$42.83$40.0020.2%5.8%16.2%1.0%19.8%4.4%2.4%106.9K-1.2M-1.2K0.00113.48N/AN/A87049569
2021-06-14$42.94$40.0020.5%5.9%15.0%1.3%27.0%0.3%0.4%135.5K-1.4M-1.5K0.00124.06N/AN/A15054669
2021-06-15$42.68$40.0019.5%5.6%14.5%0.4%0.0%-5.1%-2.4%134.2K-1.3M-1.4K0.00129.06N/AN/A20055669
2021-06-16$42.75$40.0022.9%6.6%14.2%3.5%0.0%0.5%0.3%131.7K-1.3M-1.4K2.00134.38N/AN/A1254669
2021-06-17$43.22$40.0017.6%5.1%13.4%0.0%0.0%-5.4%5.7%141.7K-1.4M-1.3K1.43133.64N/AN/A7711054471
2021-06-18$42.98$40.0020.7%5.9%12.5%2.8%19.8%0.3%-0.4%127.7K-1.1M-1.3K0.00126.03N/AN/A360487181
2021-06-21$42.92$40.0020.3%5.8%12.6%2.4%22.6%-2.4%0.9%25.8K-432.9K-1.3K0.02132.80N/AN/A45117415
2021-06-22$43.45$40.0020.8%6.0%12.7%2.9%17.1%3.1%-5.5%29.0K-532.4K-1.4K0.02112.80N/AN/A44119715
2021-06-23$43.39$40.0016.7%4.8%12.5%0.0%27.7%-7.4%5.4%35.7K-564.9K-1.6K0.14120.60N/AN/A1161622116
2021-06-24$43.38$40.0019.4%5.6%12.0%2.5%15.3%1.1%1.2%35.9K-586.1K-1.6K0.00130.98N/AN/A2022318
2021-06-25$43.55$40.0016.9%4.8%11.9%0.2%17.2%4.9%5.4%33.7K-591.6K-1.5K0.40126.47N/AN/A5222418
2021-06-28$43.84$41.0018.3%5.2%11.8%1.5%0.0%-2.4%-2.1%35.4K-621.5K-1.5K0.00135.19N/AN/A6022520
2021-06-29$43.73$41.0021.7%6.2%12.0%4.5%18.8%1.7%-0.0%35.8K-629.2K-1.5K0.23140.24N/AN/A691622720
2021-06-30$43.20$41.0020.5%5.9%13.1%3.5%28.1%8.0%0.1%39.2K-562.2K-1.5K0.00133.46N/AN/A0122620