IHAK Options History — January 2024

In January 2024, IHAK traded between $43.27 and $47.47. ATM implied volatility averaged 23.5%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 5.5% (HV 20d: 18.0%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.21.

Notable Days

  • 2024-01-05: Highest Volume — 106 contracts
  • 2024-01-09: Largest IV drop — 29.4% change
  • 2024-01-04: Highest IV Rank — 26.4%
  • 2024-01-31: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.65$43.27$47.47$44.17$46.30
Max Pain$43.76$40.00$45.00$40.00$45.00
ATM IV23.5%19.3%29.4%23.8%27.2%
Expected Move6.4%5.5%7.8%6.8%7.8%
HV 20d18.0%15.1%20.0%15.1%18.0%
HV 60d17.5%16.2%18.6%18.5%17.0%
IV Rank17.9%11.8%26.4%18.2%23.3%
IV Percentile33.8%8.3%69.8%31.3%58.3%
Term Structure-3.4%-9.0%2.7%-5.3%-7.4%
VWIV23.0%10.5%52.8%16.9%52.8%
Skew 25d0.7%-3.6%4.8%0.8%4.8%
Skew 10d1.6%-14.9%17.5%4.2%-8.9%
Call IV 25d19.2%15.3%23.8%19.6%19.7%
Put IV 25d19.9%16.8%24.5%20.5%24.5%
Bid-Ask Spread %128.52108.99140.92140.59108.99
Gamma HHI0.290.200.430.210.26
Net GEX46.0K29.6K60.5K31.0K40.2K
Net DEX-742.3K-976.9K-287.5K-344.2K-732.1K
Net VEX-1.8K-2.1K-878-961-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.0019.000.000.00
Total Volume11.905010621
Total OI302.429194351194314

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$44.17$40.0023.8%6.8%15.1%18.2%16.9%0.8%-5.3%31.0K-344.2K-9610.00140.59N/AN/A2017816
2024-01-03$43.63$40.0025.0%7.2%15.7%20.1%0.0%-3.2%-8.9%29.6K-287.5K-8780.03137.83N/AN/A40117816
2024-01-04$43.48$43.0029.4%6.0%15.8%26.4%0.0%2.0%-0.4%34.6K-403.7K-1.2K0.00136.50N/AN/A0021817
2024-01-05$43.27$43.0028.0%5.8%15.7%24.4%15.7%3.1%2.7%31.3K-392.4K-1.3K0.00125.84N/AN/A106021817
2024-01-08$44.13$43.0029.0%6.5%17.1%25.9%0.0%0.7%-3.1%55.7K-661.6K-2.1K0.00124.12N/AN/A2032217
2024-01-09$44.92$43.0020.5%5.6%18.0%13.4%0.0%-3.6%0.8%58.9K-811.0K-2.1K0.00138.43N/AN/A5032417
2024-01-10$45.55$43.0020.4%5.9%18.3%13.4%16.4%0.7%-3.9%53.9K-864.0K-1.9K0.00122.14N/AN/A5031517
2024-01-11$45.88$43.0019.3%5.5%18.3%11.8%0.0%1.1%-2.0%57.9K-934.3K-1.9K0.00139.07N/AN/A5031917
2024-01-12$46.22$43.0020.8%6.0%17.9%13.9%0.0%1.4%-0.5%56.2K-976.9K-1.9K0.00133.72N/AN/A3032417
2024-01-16$45.84$43.0020.9%6.0%18.2%14.0%26.2%-2.6%-4.5%57.8K-908.3K-1.9K0.17140.92N/AN/A6132617
2024-01-17$45.39$45.0021.2%6.1%18.5%14.5%0.0%2.1%-2.0%60.5K-845.6K-2.0K0.00126.95N/AN/A1033218
2024-01-18$45.75$45.0020.6%5.9%18.7%13.6%0.0%0.2%-1.9%57.9K-902.7K-2.0K0.00135.39N/AN/A0033318
2024-01-19$45.95$45.0022.4%6.4%18.4%16.2%0.0%0.6%0.4%57.5K-918.5K-1.9K0.00140.89N/AN/A18033318
2024-01-22$46.95$45.0021.2%6.1%19.0%14.4%21.5%2.1%-0.8%43.0K-805.1K-1.8K0.00127.55N/AN/A13026314
2024-01-23$46.80$45.0024.7%7.1%19.1%19.6%10.5%3.4%-9.0%42.9K-808.7K-1.9K1.33132.79N/AN/A6826614
2024-01-24$46.70$45.0024.8%7.1%19.1%19.7%26.2%0.1%-4.8%44.5K-815.6K-1.8K19.00116.11N/AN/A11926922
2024-01-25$46.47$45.0023.0%6.6%19.0%17.1%0.0%2.3%-4.5%38.9K-738.2K-1.9K0.00110.16N/AN/A0026941
2024-01-26$46.73$45.0023.4%6.7%19.0%17.6%20.4%0.7%-4.8%38.3K-776.1K-1.8K0.00135.50N/AN/A4026941
2024-01-29$47.47$45.0024.2%6.9%19.7%18.8%52.8%0.8%-4.4%36.3K-852.4K-1.8K0.00109.41N/AN/A3027241
2024-01-30$47.06$45.0024.7%7.1%20.0%19.6%0.0%-2.9%-6.2%38.7K-810.4K-1.8K0.00115.96N/AN/A0027341
2024-01-31$46.30$45.0027.2%7.8%18.0%23.3%0.0%4.8%-7.4%40.2K-732.1K-1.9K0.00108.99N/AN/A1027341