IHAK Options History — June 2023

In June 2023, IHAK traded between $36.36 and $38.55. ATM implied volatility averaged 28.3%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 10.5% (HV 20d: 17.8%). Max pain ranged from $33.00 to $36.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.28.

Notable Days

  • 2023-06-01: Highest Volume — 29 contracts
  • 2023-06-30: Largest IV drop — 52.5% change
  • 2023-06-12: Highest IV Rank — 54.8%
  • 2023-06-01: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.17$36.36$38.55$36.72$37.84
Max Pain$33.19$33.00$36.00$34.00$33.00
ATM IV28.3%12.3%51.4%30.6%12.3%
Expected Move6.4%3.5%8.8%8.8%3.5%
HV 20d17.8%15.8%19.8%18.3%18.7%
HV 60d19.9%19.4%20.7%20.7%19.9%
IV Rank18.5%0.0%54.8%21.8%0.0%
IV Percentile25.7%0.0%90.9%32.5%0.0%
Term Structure-0.1%-11.4%17.5%-11.4%17.5%
VWIV20.1%15.5%33.7%25.1%33.7%
Skew 25d3.6%-8.8%12.6%5.3%2.7%
Skew 10d6.0%-0.3%15.0%15.0%12.9%
Call IV 25d17.9%13.6%25.1%22.9%16.5%
Put IV 25d21.6%16.3%28.2%28.2%19.2%
Bid-Ask Spread %129.16113.53144.19127.37136.85
Gamma HHI0.260.190.350.250.24
Net GEX21.8K14.4K34.8K15.8K26.4K
Net DEX-214.9K-378.4K-112.5K-151.8K-311.6K
Net VEX-920-1.2K-649-726-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.002.000.710.00
Total Volume8.19029293
Total OI179.667136205152198

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$36.72$34.0030.6%8.8%18.3%21.8%25.1%5.3%-11.4%15.8K-151.8K-7260.71127.37N/AN/A171212329
2023-06-02$36.63$36.0023.8%6.8%18.4%11.0%0.0%5.9%0.8%18.0K-147.8K-7550.00134.62N/AN/A7012641
2023-06-05$36.62$33.0034.7%6.4%16.8%28.4%0.0%1.5%0.4%18.8K-139.5K-7622.00131.61N/AN/A1213241
2023-06-06$36.95$33.0029.2%5.5%16.0%19.6%16.3%2.1%0.4%23.1K-154.6K-7281.00128.48N/AN/A1113141
2023-06-07$36.36$33.0033.4%5.1%17.1%26.3%0.0%3.2%6.0%18.3K-112.5K-6490.00117.29N/AN/A13013240
2023-06-08$36.65$33.0042.1%6.3%15.8%40.1%0.0%2.3%-1.0%20.3K-164.2K-8490.00122.71N/AN/A0014540
2023-06-09$36.56$33.0034.8%5.7%15.8%28.5%0.0%5.5%1.0%21.5K-158.7K-8440.00123.71N/AN/A10014540
2023-06-12$37.24$33.0051.4%5.9%16.5%54.8%15.6%4.9%2.2%28.6K-216.2K-9031.00126.41N/AN/A1115540
2023-06-13$37.73$33.0045.4%6.7%16.5%45.3%15.9%5.3%-0.1%33.0K-268.1K-8760.00115.56N/AN/A14015540
2023-06-14$37.84$33.0023.6%6.8%16.1%10.7%0.0%6.2%-3.2%25.7K-294.3K-9860.00144.19N/AN/A5016540
2023-06-15$38.55$33.0022.4%6.4%16.8%8.8%21.9%12.6%-1.0%32.9K-378.4K-8980.00137.16N/AN/A7016340
2023-06-16$38.16$33.0019.4%5.6%17.6%4.0%15.5%6.3%-8.3%34.8K-354.0K-8560.00113.53N/AN/A4016240
2023-06-20$37.68$33.0022.7%6.5%18.5%9.2%17.2%5.7%-2.6%15.4K-200.5K-8380.00127.11N/AN/A3011422
2023-06-21$37.06$33.0023.0%6.6%19.7%9.8%0.0%6.1%1.7%14.8K-178.0K-8600.25128.21N/AN/A20511722
2023-06-22$37.19$33.0024.9%7.1%18.9%12.8%33.7%-8.8%3.9%14.4K-185.3K-1.0K0.00132.61N/AN/A10013727
2023-06-23$36.63$33.0020.2%5.8%19.8%5.3%0.0%3.9%-0.4%15.8K-169.0K-1.0K0.00133.21N/AN/A0014727
2023-06-26$36.48$33.0024.5%7.0%19.8%12.2%0.0%3.2%-0.2%15.9K-176.2K-9930.00138.73N/AN/A14014727
2023-06-27$37.19$33.0024.6%7.1%19.0%12.3%0.0%-2.3%0.7%18.5K-238.3K-1.2K0.00130.75N/AN/A20016027
2023-06-28$37.04$33.0025.6%7.3%18.9%13.8%0.0%4.7%-6.6%20.4K-239.4K-1.2K0.00126.14N/AN/A1017027
2023-06-29$37.43$33.0025.9%7.4%19.0%14.4%0.0%-0.1%-1.8%25.1K-273.2K-1.2K0.00136.09N/AN/A0017127
2023-06-30$37.84$33.0012.3%3.5%18.7%0.0%0.0%2.7%17.5%26.4K-311.6K-1.2K0.00136.85N/AN/A3017127