IHAK Options History — April 2023

In April 2023, IHAK traded between $33.36 and $36.14. ATM implied volatility averaged 29.4%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 10.9% (HV 20d: 18.5%). Max pain ranged from $31.00 to $34.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.18.

Notable Days

  • 2023-04-25: Highest Volume — 72 contracts
  • 2023-04-12: Largest IV drop — 42.3% change
  • 2023-04-11: Highest IV Rank — 38.4%
  • 2023-04-25: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.22$33.36$36.14$36.14$33.49
Max Pain$31.58$31.00$34.00$34.00$33.00
ATM IV29.4%23.8%41.3%30.5%29.4%
Expected Move8.0%6.1%9.9%8.7%8.4%
HV 20d18.5%14.5%22.0%21.3%21.5%
HV 60d19.7%19.0%21.1%19.6%19.7%
IV Rank19.5%10.5%38.4%21.1%19.4%
IV Percentile20.8%3.2%67.1%23.0%22.2%
Term Structure-0.3%-7.6%15.6%-5.5%0.2%
VWIV20.9%15.0%25.6%21.0%24.1%
Skew 25d4.5%-8.9%15.6%3.8%13.7%
Skew 10d5.7%-13.0%23.6%2.7%1.2%
Call IV 25d21.0%13.4%32.4%19.2%15.9%
Put IV 25d25.5%12.5%34.2%23.0%29.6%
Bid-Ask Spread %127.9093.35153.03133.61132.32
Gamma HHI0.290.180.440.310.19
Net GEX9.8K-1.7K26.6K12.8K10.8K
Net DEX-107.2K-177.9K-16.7K-172.9K-59.2K
Net VEX-612-769-298-736-670
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.001.000.000.60
Total Volume7.63207268
Total OI274.105118319303201

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$36.14$34.0030.5%8.7%21.3%21.1%0.0%3.8%-5.5%12.8K-172.9K-7360.00133.61N/AN/A60126177
2023-04-04$36.06$34.0031.4%9.0%21.1%22.7%0.0%-7.8%-5.7%11.9K-177.9K-7690.00145.03N/AN/A00132177
2023-04-05$35.48$34.0028.4%8.1%22.0%17.8%0.0%4.5%-0.4%4.8K-115.4K-7430.00135.07N/AN/A00132177
2023-04-06$35.59$31.0031.0%6.7%20.2%22.0%0.0%-1.1%1.7%7.3K-113.5K-6950.00114.04N/AN/A00132177
2023-04-10$35.55$31.0030.1%6.1%17.9%20.5%0.0%3.4%15.6%11.0K-113.3K-6010.00116.97N/AN/A02132177
2023-04-11$35.54$31.0041.3%7.5%17.9%38.4%21.0%0.2%2.4%-147-70.6K-7600.0093.35N/AN/A60132178
2023-04-12$35.58$31.0023.8%6.8%17.2%10.5%0.0%3.6%1.1%15.1K-139.2K-6050.0099.09N/AN/A00137178
2023-04-13$36.08$31.0027.1%7.8%17.7%15.8%19.6%10.5%4.0%26.6K-177.4K-5790.00153.03N/AN/A10137178
2023-04-14$35.89$31.0028.5%8.2%17.4%17.9%0.0%4.4%-3.0%7.8K-149.0K-7140.00116.43N/AN/A02138178
2023-04-17$36.01$31.0027.6%7.9%16.7%16.5%0.0%4.2%3.3%7.5K-154.9K-6720.00121.02N/AN/A00138180
2023-04-18$35.92$31.0026.2%7.5%16.7%14.3%0.0%14.0%-0.6%10.9K-146.2K-6360.00123.38N/AN/A10138180
2023-04-19$35.56$31.0027.3%7.8%15.7%16.0%0.0%3.1%-7.6%12.3K-125.8K-5350.00123.55N/AN/A10138180
2023-04-20$35.20$31.0025.1%7.2%14.8%12.6%0.0%-8.9%2.4%-1.7K-62.4K-5650.00138.94N/AN/A00139180
2023-04-21$35.37$31.0027.8%8.0%14.5%16.9%0.0%15.6%4.5%6.1K-16.7K-4750.00133.16N/AN/A00139180
2023-04-24$35.02$31.0028.4%8.1%14.9%17.8%0.0%-0.8%-4.8%14.5K-84.4K-3800.00134.04N/AN/A601099
2023-04-25$33.49$31.0034.7%9.9%21.5%27.8%15.0%7.7%-1.2%8.3K-47.6K-2980.16126.89N/AN/A62101159
2023-04-26$33.36$31.0032.0%9.2%21.4%23.6%20.3%1.2%-6.9%9.1K-47.4K-5370.00143.57N/AN/A38016019
2023-04-27$33.77$31.0028.6%8.2%21.7%18.2%25.6%14.6%-5.4%11.0K-63.5K-6611.00146.69N/AN/A1118019
2023-04-28$33.49$33.0029.4%8.4%21.5%19.4%24.1%13.7%0.2%10.8K-59.2K-6700.60132.32N/AN/A5318120