IHAK Options History — August 2023

In August 2023, IHAK traded between $36.67 and $39.83. ATM implied volatility averaged 23.2%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 1.1% (HV 20d: 22.1%). Max pain ranged from $35.00 to $36.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 2.99.

Notable Days

  • 2023-08-16: Highest Volume — 34 contracts
  • 2023-08-31: Largest IV spike — 132.9% change
  • 2023-08-07: Highest IV Rank — 32.2%
  • 2023-08-31: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.10$36.67$39.83$39.83$39.81
Max Pain$35.91$35.00$36.00$35.00$36.00
ATM IV23.2%12.0%34.1%26.9%27.9%
Expected Move6.2%3.4%8.0%7.7%8.0%
HV 20d22.1%18.7%24.0%18.7%21.0%
HV 60d19.8%18.5%20.6%18.5%20.6%
IV Rank16.1%0.0%32.2%21.6%23.4%
IV Percentile17.6%0.0%57.5%24.6%36.1%
Term Structure-1.2%-13.8%17.5%0.7%-10.3%
VWIV22.7%18.1%31.4%18.7%18.1%
Skew 25d2.2%-8.0%8.8%0.4%2.9%
Skew 10d6.1%-7.4%22.2%-7.4%17.4%
Call IV 25d19.7%15.2%33.8%17.6%18.6%
Put IV 25d22.0%16.7%28.3%18.0%21.5%
Bid-Ask Spread %120.47107.29132.74109.18126.47
Gamma HHI0.220.170.270.200.23
Net GEX21.2K11.5K30.7K21.2K29.4K
Net DEX-260.2K-406.3K-143.7K-383.1K-406.3K
Net VEX-919-1.0K-767-874-767
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.990.0019.000.002.00
Total Volume4.65203419
Total OI204.696172230173223

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$39.83$35.0026.9%7.7%18.7%21.6%0.0%0.4%0.7%21.2K-383.1K-8740.00109.18N/AN/A1014726
2023-08-02$38.44$35.0026.9%7.7%23.0%21.5%0.0%8.8%6.9%21.1K-319.0K-9110.00131.65N/AN/A0314726
2023-08-03$38.60$36.0029.0%5.8%21.4%24.7%18.7%1.8%6.5%19.9K-316.3K-9400.00117.36N/AN/A12014729
2023-08-04$37.80$36.0028.6%6.1%22.9%24.1%23.4%3.6%-2.4%20.9K-265.3K-91713.00107.29N/AN/A11315029
2023-08-07$37.94$36.0034.1%5.5%22.4%32.2%21.4%4.1%-2.6%21.2K-254.3K-88819.00112.39N/AN/A11915022
2023-08-08$37.34$36.0027.8%5.6%22.8%22.9%0.0%1.5%-1.6%17.1K-194.7K-1.0K0.00115.04N/AN/A0015141
2023-08-09$37.43$36.0018.3%5.2%22.9%8.8%19.1%3.5%5.0%18.9K-201.6K-9950.00118.22N/AN/A2015141
2023-08-10$37.85$36.0020.7%5.9%21.9%12.5%0.0%2.0%-9.7%18.2K-232.6K-1.0K0.00108.30N/AN/A0015341
2023-08-11$38.04$36.0017.1%4.9%21.4%7.1%28.6%6.2%-6.5%20.8K-235.5K-9910.00116.53N/AN/A1015341
2023-08-14$38.11$36.0024.1%6.9%21.1%17.5%0.0%3.5%-6.4%20.7K-255.3K-9950.00117.99N/AN/A1015341
2023-08-15$37.73$36.0023.8%6.8%21.2%17.0%23.9%2.1%-1.6%20.5K-229.0K-9690.00121.23N/AN/A0115441
2023-08-16$37.45$36.0020.0%5.7%21.2%11.3%31.4%4.7%1.7%18.8K-210.4K-9471.83117.59N/AN/A122215442
2023-08-17$36.67$36.0020.9%6.0%21.1%12.7%0.0%-1.1%17.5%11.5K-143.7K-9600.00112.96N/AN/A0016664
2023-08-18$36.94$36.0025.5%7.3%21.2%19.4%0.0%-8.0%-6.0%15.7K-158.3K-9120.00122.92N/AN/A0016664
2023-08-21$37.88$36.0016.7%4.8%23.2%6.5%19.3%1.3%8.7%19.9K-232.6K-9520.00125.81N/AN/A4016161
2023-08-22$37.77$36.0025.2%7.2%23.0%19.0%0.0%4.8%-13.8%20.3K-221.2K-9510.00127.80N/AN/A0016561
2023-08-23$38.38$36.0026.5%7.6%23.5%21.0%0.0%-0.7%-5.3%24.7K-263.2K-9130.00124.72N/AN/A0016561
2023-08-24$37.83$36.0027.8%8.0%23.8%22.9%22.9%4.6%-10.6%21.0K-251.6K-9380.00125.41N/AN/A0316561
2023-08-25$38.36$36.0020.2%5.8%24.0%11.6%0.0%-0.9%-6.7%21.0K-267.5K-8300.00125.84N/AN/A1016558
2023-08-28$38.44$36.0020.4%5.8%23.5%11.9%0.0%2.2%-4.0%25.9K-282.6K-8660.00132.74N/AN/A0016658
2023-08-29$38.73$36.0012.8%3.7%23.4%0.7%0.0%2.6%6.1%28.7K-321.6K-8090.00124.40N/AN/A0016658
2023-08-30$38.97$36.0012.0%3.4%19.7%0.0%0.0%1.5%7.3%30.7K-339.0K-7830.00129.02N/AN/A1016658
2023-08-31$39.81$36.0027.9%8.0%21.0%23.4%18.1%2.9%-10.3%29.4K-406.3K-7672.00126.47N/AN/A3616558