IHAK Options History — March 2023

In March 2023, IHAK traded between $33.57 and $36.23. ATM implied volatility averaged 33.4%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 14.3% (HV 20d: 19.1%). Max pain ranged from $30.00 to $34.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.28.

Notable Days

  • 2023-03-31: Highest Volume — 64 contracts
  • 2023-03-13: Largest IV spike — 86.9% change
  • 2023-03-14: Highest IV Rank — 100.0%
  • 2023-03-20: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.81$33.57$36.23$34.45$36.23
Max Pain$32.84$30.00$34.00$30.00$34.00
ATM IV33.4%20.1%79.8%28.2%27.4%
Expected Move7.4%5.4%9.5%8.1%7.9%
HV 20d19.1%14.5%21.3%20.6%21.3%
HV 60d20.8%19.8%21.6%21.5%20.4%
IV Rank25.8%4.6%100.0%17.6%16.3%
IV Percentile28.3%1.2%100.0%11.5%11.9%
Term Structure1.3%-11.6%18.0%-3.5%-2.5%
VWIV23.4%16.6%29.7%27.1%16.6%
Skew 25d3.0%-13.4%14.1%3.1%-0.4%
Skew 10d8.4%-3.9%18.5%10.6%7.9%
Call IV 25d22.9%15.4%38.0%25.9%22.7%
Put IV 25d25.9%15.0%33.7%29.0%22.3%
Bid-Ask Spread %118.3093.11138.50128.62131.04
Gamma HHI0.570.220.810.590.22
Net GEX3.9K-20.1K26.9K16.0K1.4K
Net DEX-42.7K-192.6K147.4K-128.2K-80.9K
Net VEX-438-757-195-355-458
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.003.000.000.00
Total Volume6.739064064
Total OI170.783136239137239

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$34.45$30.0028.2%8.1%20.6%17.6%0.0%3.1%-3.5%16.0K-128.2K-3550.00128.62N/AN/A0012512
2023-03-02$35.08$30.0032.7%9.4%17.9%24.7%0.0%9.7%-11.6%17.8K-159.9K-3580.00126.48N/AN/A0012512
2023-03-03$35.55$30.0024.0%6.9%17.9%10.8%0.0%13.6%-3.7%17.9K-192.6K-3290.00126.68N/AN/A0012512
2023-03-06$35.50$0.0041.4%7.2%16.9%38.8%0.0%-0.6%1.9%16.1K-183.2K-3430.0097.20N/AN/A0012512
2023-03-07$35.22$0.0038.8%6.9%16.1%34.5%0.0%0.8%-9.0%20.7K-168.4K-3080.00106.30N/AN/A0212512
2023-03-08$35.17$0.0041.5%5.4%14.5%38.9%0.0%-2.9%2.9%21.4K-162.4K-3060.00104.23N/AN/A0012512
2023-03-09$34.37$0.0040.7%7.7%16.5%37.6%27.1%6.6%2.4%18.2K-115.8K-2760.0093.11N/AN/A0312511
2023-03-10$33.57$33.0036.3%7.0%18.2%30.6%0.0%8.8%-5.4%12.0K-70.5K-2430.00114.49N/AN/A15012514
2023-03-13$33.67$33.0067.9%8.9%18.1%81.1%0.0%6.6%0.0%12.7K-60.0K-2060.50112.94N/AN/A2112414
2023-03-14$34.20$33.0079.8%6.8%19.1%100.0%0.0%6.6%1.1%20.4K-79.5K-2150.00107.74N/AN/A3012415
2023-03-15$34.14$33.0026.0%7.5%18.8%14.0%0.0%5.6%1.8%15.9K-97.2K-2340.00117.50N/AN/A0012615
2023-03-16$34.63$33.0026.4%7.6%19.3%14.6%22.1%1.0%18.0%26.9K-118.5K-2300.00121.07N/AN/A1012615
2023-03-17$34.24$33.0025.9%7.4%19.2%13.8%0.0%-0.7%-0.4%17.4K-98.8K-1950.00114.63N/AN/A1012715
2023-03-20$34.48$33.0033.0%9.5%19.3%25.2%24.3%0.7%-4.5%-20.1K147.4K-7250.0098.41N/AN/A5027158
2023-03-21$35.19$33.0024.6%7.0%20.2%11.7%0.0%1.3%0.6%-15.5K92.3K-6600.00123.16N/AN/A1030158
2023-03-22$34.58$33.0020.6%5.9%21.1%5.3%18.3%6.3%10.2%-17.6K77.8K-6010.00121.58N/AN/A12031158
2023-03-23$34.92$33.0021.0%6.0%21.3%6.0%29.7%-2.2%13.1%-18.4K86.4K-6690.00127.91N/AN/A01443158
2023-03-24$34.88$34.0024.5%7.0%20.3%11.6%23.9%14.1%3.0%-20.0K100.5K-6960.00128.41N/AN/A10043172
2023-03-27$35.17$34.0020.1%5.8%20.5%4.6%22.8%6.1%15.4%-14.3K58.7K-6843.00126.27N/AN/A1353172
2023-03-28$34.84$34.0030.4%8.7%20.8%21.0%25.7%-12.5%-3.4%-13.4K92.7K-7570.00138.50N/AN/A0554172
2023-03-29$35.14$34.0028.4%8.1%21.0%17.8%23.1%-13.4%1.7%-17.0K79.6K-7090.10122.51N/AN/A10154177
2023-03-30$35.39$34.0027.9%8.0%20.1%17.0%0.0%11.0%2.8%-8.1K-2.1K-5270.00132.04N/AN/A1054177
2023-03-31$36.23$34.0027.4%7.9%21.3%16.3%16.6%-0.4%-2.5%1.4K-80.9K-4580.00131.04N/AN/A64062177