IHAK Options History — July 2023

In July 2023, IHAK traded between $36.91 and $39.41. ATM implied volatility averaged 25.3%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 6.1% (HV 20d: 19.2%). Max pain ranged from $33.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-19: Highest Volume — 23 contracts
  • 2023-07-12: Largest IV drop — 42.4% change
  • 2023-07-11: Highest IV Rank — 32.6%
  • 2023-07-27: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.23$36.91$39.41$37.86$39.41
Max Pain$34.80$33.00$35.00$33.00$35.00
ATM IV25.3%19.8%34.4%25.6%26.5%
Expected Move6.6%4.7%8.7%7.3%7.6%
HV 20d19.2%17.9%20.6%18.7%18.4%
HV 60d19.8%18.4%21.2%19.6%18.4%
IV Rank19.2%11.1%32.6%19.7%21.0%
IV Percentile19.0%2.8%52.8%13.9%21.8%
Term Structure-3.9%-16.6%7.4%-7.9%-8.7%
VWIV17.9%16.3%20.6%20.6%16.3%
Skew 25d1.3%-4.9%7.9%-0.8%5.1%
Skew 10d-1.2%-11.4%9.7%7.7%-0.4%
Call IV 25d19.7%14.8%28.1%18.9%21.1%
Put IV 25d21.0%15.7%30.1%18.1%26.1%
Bid-Ask Spread %125.50104.11140.24137.04140.24
Gamma HHI0.230.170.310.220.20
Net GEX27.4K15.5K41.5K27.1K20.7K
Net DEX-325.9K-427.6K-219.8K-294.9K-354.7K
Net VEX-1.1K-1.2K-908-1.2K-908
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.5502300
Total OI195.8170207201173

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$37.86$33.0025.6%7.3%18.7%19.7%0.0%-0.8%-7.9%27.1K-294.9K-1.2K0.00137.04N/AN/A0017427
2023-07-05$37.71$33.0029.2%8.4%18.8%25.0%0.0%-4.9%-7.8%29.2K-293.3K-1.2K0.00137.59N/AN/A10017427
2023-07-06$36.91$35.0030.9%4.7%20.2%27.6%0.0%-4.3%-2.7%21.7K-219.8K-1.2K0.00118.82N/AN/A6017927
2023-07-07$37.07$35.0030.6%5.7%19.4%27.1%0.0%2.3%4.4%21.0K-231.9K-1.2K0.00128.95N/AN/A0017927
2023-07-10$37.61$35.0030.7%6.3%19.8%27.3%0.0%1.8%-5.6%27.5K-282.5K-1.1K0.00117.03N/AN/A1017927
2023-07-11$37.98$35.0034.4%5.8%20.0%32.6%0.0%-2.1%-3.4%32.2K-307.0K-1.1K0.00131.26N/AN/A0018027
2023-07-12$37.89$35.0019.8%5.7%19.0%11.1%0.0%2.2%-3.4%35.4K-316.2K-1.1K0.00133.39N/AN/A0018027
2023-07-13$38.68$35.0020.6%5.9%19.8%12.2%0.0%2.8%-2.4%38.5K-389.6K-1.1K0.00104.11N/AN/A0018027
2023-07-14$38.11$35.0023.1%6.6%20.6%16.0%0.0%7.2%0.3%29.5K-344.5K-1.1K0.00127.91N/AN/A0018027
2023-07-17$38.49$35.0021.5%6.2%19.8%13.6%0.0%1.1%7.4%41.5K-366.6K-1.1K0.00116.59N/AN/A0018027
2023-07-18$38.74$35.0022.2%6.4%19.6%14.6%0.0%2.7%-6.4%34.3K-405.1K-1.0K0.00117.19N/AN/A0018027
2023-07-19$38.84$35.0021.0%6.0%18.9%12.8%20.6%-4.0%-7.7%33.5K-427.6K-1.0K0.00112.35N/AN/A23018027
2023-07-20$37.98$35.0023.7%6.8%19.8%16.8%0.0%7.9%4.0%26.7K-312.4K-1.1K0.00118.77N/AN/A0017827
2023-07-21$38.15$35.0022.7%6.5%19.8%15.4%0.0%2.3%2.7%27.2K-332.6K-1.0K0.00131.67N/AN/A2017827
2023-07-24$38.25$35.0022.1%6.4%18.8%14.6%16.8%0.4%-16.6%15.5K-283.4K-1.0K0.00125.53N/AN/A6014426
2023-07-25$38.58$35.0021.3%6.1%18.8%13.3%0.0%6.3%-3.8%23.0K-335.1K-9540.00127.84N/AN/A0015026
2023-07-26$38.90$35.0024.6%7.1%17.9%18.2%16.3%0.8%-7.0%22.7K-346.6K-9560.00122.20N/AN/A11015026
2023-07-27$38.50$35.0030.4%8.7%18.3%26.8%0.0%2.1%1.6%21.4K-326.4K-9360.00127.38N/AN/A10014526
2023-07-28$38.96$35.0025.1%7.2%18.4%18.8%0.0%-2.5%-14.7%20.4K-347.6K-9100.00134.09N/AN/A2014526
2023-07-31$39.41$35.0026.5%7.6%18.4%21.0%0.0%5.1%-8.7%20.7K-354.7K-9080.00140.24N/AN/A0014726