IHAK Options History — July 2021

In July 2021, IHAK traded between $42.68 and $44.79. ATM implied volatility averaged 24.0%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 10.2% (HV 20d: 13.8%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 2.54.

Notable Days

  • 2021-07-15: Highest Volume — 151 contracts
  • 2021-07-12: Largest IV spike — 65.3% change
  • 2021-07-12: Highest IV Rank — 15.8%
  • 2021-07-20: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.77$42.68$44.79$43.01$43.90
Max Pain$42.24$41.00$44.00$41.00$44.00
ATM IV24.0%19.6%34.2%24.7%21.3%
Expected Move6.3%5.0%9.4%7.1%6.1%
HV 20d13.8%11.2%17.2%12.4%16.9%
HV 60d16.7%16.0%17.5%17.0%16.1%
IV Rank6.6%2.6%15.8%7.3%4.2%
IV Percentile14.4%2.8%56.3%10.7%8.3%
Term Structure-1.2%-19.2%6.2%-8.8%-0.6%
VWIV20.9%16.3%25.0%20.7%25.0%
Skew 25d1.7%-14.2%11.1%3.9%1.1%
Skew 10d1.2%-13.5%15.4%-2.2%1.4%
Call IV 25d19.9%11.1%33.3%20.2%16.9%
Put IV 25d21.6%17.2%26.1%24.2%18.0%
Bid-Ask Spread %131.89112.16157.70133.64127.25
Gamma HHI0.190.150.290.180.18
Net GEX33.3K10.8K53.1K37.3K10.8K
Net DEX-611.4K-784.9K-407.2K-541.0K-407.2K
Net VEX-2.1K-2.6K-1.4K-1.4K-2.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.540.0040.000.000.00
Total Volume21.333115111
Total OI331.762246434247400

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$43.01$41.0024.7%7.1%12.4%7.3%0.0%3.9%-8.8%37.3K-541.0K-1.4K0.00133.64N/AN/A1022621
2021-07-02$43.17$41.0022.6%6.5%12.1%5.3%20.7%10.7%-3.1%40.6K-575.2K-1.4K0.17142.20N/AN/A12222521
2021-07-06$43.91$41.0031.4%6.0%12.5%13.2%21.2%-0.2%-1.5%36.9K-646.2K-1.4K0.00132.45N/AN/A46023423
2021-07-07$43.91$41.0026.0%6.1%12.0%8.4%23.4%5.5%3.8%46.5K-757.4K-1.8K0.19112.16N/AN/A26527223
2021-07-08$43.78$42.0021.2%5.0%11.8%4.1%21.5%-1.9%-0.8%43.8K-746.5K-1.8K1.00123.39N/AN/A1127528
2021-07-09$44.14$42.0020.7%5.0%11.2%3.6%0.0%-1.7%0.4%53.1K-784.9K-1.7K0.00136.09N/AN/A4027629
2021-07-12$43.84$42.0034.2%6.3%11.4%15.8%0.0%11.1%6.2%52.8K-722.0K-1.8K0.00148.50N/AN/A26027629
2021-07-13$43.70$42.0025.7%5.7%11.5%8.1%16.3%5.1%2.0%51.6K-728.5K-1.8K2.00118.00N/AN/A1228529
2021-07-14$43.17$42.0019.8%5.7%12.2%2.9%0.0%10.9%0.6%52.0K-656.7K-1.9K0.00127.11N/AN/A17028628
2021-07-15$42.80$42.0021.3%6.1%12.6%4.2%0.0%-2.8%-2.3%45.8K-584.5K-1.8K0.72123.79N/AN/A886327328
2021-07-16$42.87$42.0022.6%6.5%12.0%5.4%0.0%10.5%-2.5%37.1K-620.7K-2.6K0.00149.77N/AN/A11034391
2021-07-19$42.68$42.0025.5%7.3%11.9%8.0%24.7%-2.7%-1.0%23.0K-429.8K-2.6K0.71115.83N/AN/A7527786
2021-07-20$43.95$42.0032.6%9.4%15.9%14.3%0.0%-14.2%-19.2%23.7K-573.4K-2.6K0.00126.50N/AN/A3027991
2021-07-21$44.02$42.0020.0%5.7%15.3%3.0%17.9%1.6%1.3%24.3K-602.0K-2.5K0.00120.64N/AN/A0127891
2021-07-22$44.33$42.0023.6%6.8%15.5%6.2%18.7%7.6%-1.2%24.5K-641.0K-2.5K0.19142.50N/AN/A27527892
2021-07-23$44.79$43.0022.8%6.5%15.8%5.5%18.0%-9.0%-1.3%19.5K-676.1K-2.2K0.53127.83N/AN/A191026197
2021-07-26$44.52$43.0020.8%6.0%16.0%3.7%22.9%4.1%6.2%19.7K-595.0K-2.2K5.33130.95N/AN/A31625197
2021-07-27$43.94$43.0022.8%6.5%16.6%5.5%25.0%-3.6%-1.4%18.9K-475.3K-2.3K0.00132.35N/AN/A2025297
2021-07-28$44.52$44.0024.4%7.0%17.2%7.0%0.0%-4.1%-1.2%18.8K-553.8K-2.2K40.00141.00N/AN/A140252108
2021-07-29$44.30$44.0019.6%5.6%16.7%2.6%0.0%3.0%-1.7%18.4K-523.0K-2.2K0.00157.70N/AN/A20251108
2021-07-30$43.90$44.0021.3%6.1%16.9%4.2%0.0%1.1%-0.6%10.8K-407.2K-2.6K0.00127.25N/AN/A10252148