IHAK Options History — August 2021

In August 2021, IHAK traded between $42.70 and $46.16. ATM implied volatility averaged 22.1%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 6.7% (HV 20d: 15.4%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2021-08-31: Highest Volume — 972 contracts
  • 2021-08-24: Largest IV spike — 53.8% change
  • 2021-08-24: Highest IV Rank — 13.2%
  • 2021-08-24: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.10$42.70$46.16$44.10$46.01
Max Pain$43.14$43.00$44.00$44.00$43.00
ATM IV22.1%15.3%30.2%23.9%25.3%
Expected Move6.2%4.4%8.7%6.8%7.3%
HV 20d15.4%12.7%17.1%17.0%15.4%
HV 60d14.7%13.8%16.0%16.0%14.5%
IV Rank5.6%0.0%13.2%6.5%8.9%
IV Percentile12.3%0.0%42.9%15.1%24.6%
Term Structure1.3%-3.1%9.2%-3.1%0.8%
VWIV22.6%16.4%46.9%25.7%22.2%
Skew 25d1.1%-10.6%6.1%-1.7%-1.2%
Skew 10d5.0%-9.2%17.4%5.3%-9.2%
Call IV 25d21.3%14.7%35.2%31.5%23.4%
Put IV 25d22.4%17.1%29.7%29.7%22.2%
Bid-Ask Spread %108.5491.21142.78142.78115.56
Gamma HHI0.200.170.300.180.23
Net GEX9.2K-10.6K13.7K10.5K10.8K
Net DEX-457.7K-866.3K-174.0K-426.1K-849.0K
Net VEX-2.1K-2.5K-1.4K-2.5K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.005.000.000.10
Total Volume6209728972
Total OI406.182374427401399

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$44.10$44.0023.9%6.8%17.0%6.5%25.7%-1.7%-3.1%10.5K-426.1K-2.5K0.00142.78N/AN/A80253148
2021-08-03$44.12$44.0022.9%6.6%15.9%5.6%0.0%-1.1%1.7%11.2K-462.3K-2.4K0.00128.18N/AN/A00254148
2021-08-04$44.27$44.0024.7%7.1%15.9%7.3%0.0%1.6%0.1%13.4K-483.4K-2.4K0.00135.11N/AN/A40258148
2021-08-05$44.31$43.0027.2%6.2%15.9%9.5%0.0%1.2%0.2%13.5K-492.4K-2.4K0.00107.34N/AN/A02258148
2021-08-06$43.79$43.0022.1%5.5%16.2%4.9%0.0%4.5%1.8%13.0K-410.3K-2.4K0.0091.21N/AN/A00260148
2021-08-09$43.90$43.0024.1%6.2%16.0%6.7%0.0%3.2%-1.0%12.6K-422.8K-2.4K0.00100.20N/AN/A011260150
2021-08-10$43.41$43.0021.1%5.5%16.5%4.0%16.4%5.3%4.2%9.4K-358.6K-2.3K5.0094.71N/AN/A210260150
2021-08-11$43.15$43.0020.7%5.9%16.1%3.7%0.0%6.1%0.2%7.3K-249.4K-2.4K0.0092.62N/AN/A00260161
2021-08-12$43.66$43.0019.7%5.6%16.2%2.7%18.9%1.6%1.7%7.9K-347.2K-2.2K0.00100.55N/AN/A80259168
2021-08-13$43.61$43.0015.3%4.4%16.2%0.0%0.0%1.9%6.6%7.6K-357.0K-2.3K0.0098.39N/AN/A00259168
2021-08-16$42.98$43.0018.4%5.3%17.1%2.8%18.0%1.0%2.5%7.3K-258.1K-2.2K0.0099.72N/AN/A010257165
2021-08-17$42.70$43.0020.3%5.8%13.3%4.5%20.8%2.8%-0.1%3.2K-174.0K-2.2K0.2595.51N/AN/A41257165
2021-08-18$42.81$43.0020.2%5.8%13.4%4.4%0.0%4.5%-0.7%7.2K-193.5K-2.1K0.00106.72N/AN/A00257165
2021-08-19$42.76$43.0022.6%6.5%13.0%6.5%20.5%1.5%4.2%7.7K-196.3K-2.2K0.00100.30N/AN/A10253166
2021-08-20$43.08$43.0020.1%5.8%12.7%4.3%21.1%6.0%-0.8%-10.6K-226.8K-2.0K0.00102.22N/AN/A70253166
2021-08-23$43.76$43.0019.6%5.6%14.0%3.9%0.0%0.3%5.2%8.8K-411.1K-1.8K0.00106.64N/AN/A00234140
2021-08-24$44.77$43.0030.2%8.7%15.6%13.2%46.9%-10.6%9.2%12.9K-582.4K-1.8K0.00128.84N/AN/A70241140
2021-08-25$45.38$43.0017.7%5.1%15.6%2.1%18.5%-1.1%2.3%13.7K-701.0K-1.7K0.40107.25N/AN/A52241140
2021-08-26$45.47$43.0021.9%6.3%15.4%5.8%17.4%-4.5%-2.4%10.5K-736.7K-1.6K0.00113.13N/AN/A01248140
2021-08-27$45.99$43.0022.0%6.3%15.3%5.9%24.3%2.4%-2.1%12.5K-864.7K-1.4K0.40107.05N/AN/A52253142
2021-08-30$46.16$43.0025.5%7.3%15.3%9.1%22.7%0.8%-2.4%11.3K-866.3K-1.4K0.00113.91N/AN/A3011253143
2021-08-31$46.01$43.0025.3%7.3%15.4%8.9%22.2%-1.2%0.8%10.8K-849.0K-1.5K0.10115.56N/AN/A88389254145