IHAK Options History — May 2024

In May 2024, IHAK traded between $43.66 and $46.00. ATM implied volatility averaged 25.0%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 9.2% (HV 20d: 15.8%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2024-05-17: Highest Volume — 42 contracts
  • 2024-05-24: Largest IV spike — 82.6% change
  • 2024-05-14: Highest IV Rank — 91.9%
  • 2024-05-31: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.10$43.66$46.00$44.62$43.66
Max Pain$43.14$43.00$44.00$44.00$43.00
ATM IV25.0%11.5%48.2%26.0%27.7%
Expected Move5.4%3.3%7.9%7.5%7.9%
HV 20d15.8%12.3%19.9%19.1%15.2%
HV 60d18.0%15.5%20.9%20.9%15.5%
IV Rank34.3%0.5%91.9%36.7%41.0%
IV Percentile47.7%0.4%99.6%63.9%73.4%
Term Structure-0.5%-8.3%10.3%-5.6%-8.3%
VWIV19.7%17.6%23.9%23.9%19.6%
Skew 25d-0.7%-6.2%7.5%0.6%-4.8%
Skew 10d2.4%-6.4%10.4%1.7%2.9%
Call IV 25d20.0%15.3%30.7%23.5%26.8%
Put IV 25d19.3%14.3%27.7%24.1%22.0%
Bid-Ask Spread %125.47113.08144.10123.89120.31
Gamma HHI0.210.170.340.170.23
Net GEX24.2K11.0K34.0K16.7K22.5K
Net DEX-340.3K-473.4K-125.7K-267.4K-197.4K
Net VEX-1.4K-1.8K-1.1K-1.8K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.003.001.001.00
Total Volume6.18204222
Total OI342.955329379329379

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$44.62$44.0026.0%7.5%19.1%36.7%23.9%0.6%-5.6%16.7K-267.4K-1.8K1.00123.89N/AN/A11216113
2024-05-02$44.80$44.0026.9%7.7%18.8%38.8%0.0%-3.6%-5.8%17.9K-298.8K-1.7K0.00140.15N/AN/A00217112
2024-05-03$44.83$44.0023.1%6.6%18.6%29.5%0.0%7.5%1.3%19.0K-292.3K-1.7K0.00144.10N/AN/A00217112
2024-05-06$45.54$43.0029.8%5.7%19.5%46.3%20.1%1.9%0.9%24.2K-383.2K-1.6K0.00113.08N/AN/A150217112
2024-05-07$45.56$43.0030.1%5.7%19.5%46.8%22.4%1.5%-0.6%28.9K-399.4K-1.5K0.08119.35N/AN/A121224112
2024-05-08$44.84$43.0031.0%4.3%19.9%49.1%17.6%1.7%3.3%22.2K-288.2K-1.6K0.00124.75N/AN/A10222112
2024-05-09$44.98$43.0032.9%4.2%19.6%53.9%0.0%1.7%2.8%21.6K-288.6K-1.5K0.00122.14N/AN/A00222112
2024-05-10$44.70$43.0033.7%4.0%18.1%55.9%0.0%2.8%1.1%20.2K-282.0K-1.4K0.00124.75N/AN/A00222112
2024-05-13$44.78$43.0042.5%4.2%14.6%77.9%17.6%1.8%0.0%20.8K-284.5K-1.4K3.00127.20N/AN/A13222112
2024-05-14$45.13$43.0048.2%4.4%14.7%91.9%0.0%1.9%-2.5%21.8K-310.0K-1.4K0.00121.90N/AN/A00221115
2024-05-15$45.73$43.0021.3%6.1%14.9%24.9%19.4%-1.4%-4.7%25.6K-394.2K-1.4K0.50123.51N/AN/A21221115
2024-05-16$45.83$43.0020.6%5.9%14.8%23.3%0.0%-2.1%10.3%28.4K-445.7K-1.3K0.00125.23N/AN/A00223115
2024-05-17$45.80$43.0019.2%5.5%14.4%19.7%19.4%-5.5%-0.3%27.9K-432.3K-1.3K0.00125.09N/AN/A420223115
2024-05-20$46.00$43.0020.5%5.9%13.8%23.1%18.6%-0.3%-2.9%26.5K-429.7K-1.3K0.00122.96N/AN/A250226104
2024-05-21$45.66$43.0020.4%5.8%12.8%22.7%0.0%-3.1%-2.6%29.8K-423.1K-1.3K0.00126.76N/AN/A00239104
2024-05-22$45.48$43.0012.4%3.5%12.9%2.8%0.0%-6.2%5.7%30.4K-408.2K-1.2K0.00127.69N/AN/A200239104
2024-05-23$45.20$43.0011.5%3.3%12.5%0.5%0.0%1.3%9.2%32.5K-443.6K-1.3K0.00123.18N/AN/A00259104
2024-05-24$45.59$43.0021.0%6.0%12.3%24.2%19.7%-0.9%-2.8%34.0K-473.4K-1.3K0.00124.70N/AN/A20259104
2024-05-28$44.94$43.0013.9%4.0%13.4%6.7%0.0%-6.2%-1.5%25.4K-324.7K-1.3K0.00130.17N/AN/A00258104
2024-05-29$44.77$43.0015.0%4.3%13.0%9.3%18.6%-1.4%-0.7%24.4K-294.5K-1.3K1.00129.45N/AN/A11258104
2024-05-30$43.72$43.0022.9%6.6%15.3%29.0%0.0%-2.1%-7.1%11.0K-125.7K-1.1K1.50119.86N/AN/A23259105
2024-05-31$43.66$43.0027.7%7.9%15.2%41.0%19.6%-4.8%-8.3%22.5K-197.4K-1.4K1.00120.31N/AN/A11271108