IHAK Options History — December 2021

In December 2021, IHAK traded between $42.23 and $45.08. ATM implied volatility averaged 32.3%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 0.1% (HV 20d: 32.4%). Max pain ranged from $40.00 to $47.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-12-01: Highest Volume — 164 contracts
  • 2021-12-15: Largest IV drop — 51.1% change
  • 2021-12-14: Highest IV Rank — 35.0%
  • 2021-12-03: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.61$42.23$45.08$43.36$44.73
Max Pain$43.18$40.00$47.00$42.00$43.00
ATM IV32.3%24.9%54.8%35.2%24.9%
Expected Move8.1%7.1%10.6%10.1%7.1%
HV 20d32.4%24.7%35.5%24.7%29.7%
HV 60d24.5%20.8%25.8%20.8%24.5%
IV Rank15.1%8.5%35.0%17.7%8.5%
IV Percentile62.5%40.5%97.2%74.6%40.5%
Term Structure-0.7%-22.3%9.9%-22.3%-5.7%
VWIV27.9%17.5%40.6%32.9%29.5%
Skew 25d3.2%-2.9%9.7%4.5%-2.9%
Skew 10d1.4%-3.7%8.0%5.8%-3.5%
Call IV 25d27.8%19.1%39.0%39.0%31.1%
Put IV 25d31.0%24.5%45.5%43.5%28.2%
Bid-Ask Spread %124.07108.65141.90117.71141.90
Gamma HHI0.160.110.230.110.17
Net GEX12.5K2.0K21.2K13.2K20.6K
Net DEX-240.9K-346.8K-119.6K-253.9K-334.7K
Net VEX-1.3K-1.8K-1.1K-1.4K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.230.690.640.23
Total Volume134.59170164164132
Total OI242.273139291279230

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$43.36$42.0035.2%10.1%24.7%17.7%32.9%4.5%-22.3%13.2K-253.9K-1.4K0.64117.71N/AN/A1006420277
2021-12-02$44.46$42.0032.1%9.2%26.5%14.9%40.6%9.7%-2.6%17.1K-346.8K-1.5K0.65122.75N/AN/A996421277
2021-12-03$42.25$42.0037.0%10.6%31.0%19.3%33.7%2.3%-11.5%10.4K-186.9K-1.4K0.65115.22N/AN/A996421277
2021-12-06$42.27$47.0038.6%9.5%31.0%20.7%29.5%1.3%-0.5%10.6K-172.2K-1.3K0.65123.73N/AN/A986421276
2021-12-07$43.55$47.0035.4%7.8%32.4%17.8%26.1%1.6%1.7%14.7K-300.0K-1.4K0.69136.93N/AN/A936421576
2021-12-08$44.16$47.0033.9%7.3%33.1%16.5%17.5%7.0%6.7%17.5K-344.1K-1.4K0.67136.05N/AN/A966421576
2021-12-09$43.43$47.0036.1%7.3%32.5%18.5%25.9%5.5%1.5%13.4K-267.6K-1.4K0.67110.16N/AN/A966421276
2021-12-10$43.00$47.0035.6%7.7%32.4%18.1%19.1%5.3%1.6%11.3K-225.0K-1.3K0.67116.28N/AN/A966421276
2021-12-13$43.07$47.0047.9%7.6%31.9%28.9%27.8%2.6%1.0%6.9K-220.9K-1.2K0.67124.67N/AN/A966421176
2021-12-14$42.23$47.0054.8%8.2%32.0%35.0%30.6%3.2%3.3%2.0K-119.6K-1.1K0.68108.65N/AN/A976621176
2021-12-15$43.33$40.0026.8%7.7%33.4%10.2%24.9%6.0%2.6%8.8K-228.5K-1.2K0.60111.29N/AN/A955721278
2021-12-16$42.48$40.0028.7%8.2%33.8%11.9%29.5%0.8%0.6%9.6K-168.9K-1.2K0.61128.71N/AN/A955821079
2021-12-17$42.94$40.0025.0%7.2%34.3%8.7%27.5%0.7%9.9%2.6K-185.0K-1.1K0.67119.95N/AN/A855721180
2021-12-20$42.57$40.0030.0%8.6%34.3%13.1%30.5%4.2%4.0%8.1K-145.4K-1.1K0.43109.56N/AN/A492111524
2021-12-21$43.68$40.0026.9%7.7%35.5%10.3%27.4%-0.4%2.6%9.7K-181.4K-1.2K0.31112.11N/AN/A682111824
2021-12-22$44.03$40.0026.1%7.5%35.2%9.6%26.0%8.7%2.4%14.0K-224.3K-1.3K0.33134.16N/AN/A752513424
2021-12-23$44.43$42.0026.9%7.7%35.2%10.3%25.3%4.8%1.2%14.7K-248.2K-1.3K0.35122.51N/AN/A602114228
2021-12-27$44.77$42.0033.0%9.4%35.1%15.7%31.7%1.0%-10.4%14.6K-267.3K-1.3K0.35135.95N/AN/A602114128
2021-12-28$44.83$42.0025.4%7.3%34.8%8.9%25.9%1.6%-1.1%16.5K-265.1K-1.3K0.42131.06N/AN/A622614128
2021-12-29$44.85$43.0025.5%7.3%34.2%9.1%24.9%-0.2%-1.5%16.7K-269.4K-1.3K0.24133.24N/AN/A1052514433
2021-12-30$45.08$43.0025.5%7.3%30.8%9.1%27.9%3.1%1.0%21.2K-345.6K-1.8K0.24136.96N/AN/A1062519633
2021-12-31$44.73$43.0024.9%7.1%29.7%8.5%29.5%-2.9%-5.7%20.6K-334.7K-1.8K0.23141.90N/AN/A1072519733