IHAK Options History — August 2024

In August 2024, IHAK traded between $43.35 and $48.86. ATM implied volatility averaged 31.3%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 7.6% (HV 20d: 23.7%). Max pain ranged from $43.00 to $46.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2024-08-02: Highest Volume — 224 contracts
  • 2024-08-05: Largest IV spike — 79.6% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.07$43.35$48.86$45.42$48.63
Max Pain$43.68$43.00$46.00$46.00$44.00
ATM IV31.3%19.5%60.1%29.1%23.2%
Expected Move7.4%5.6%11.0%8.3%6.7%
HV 20d23.7%18.5%26.1%19.5%18.5%
HV 60d18.3%16.3%19.1%16.3%17.8%
IV Rank43.0%16.9%100.0%48.4%24.5%
IV Percentile64.8%13.1%100.0%86.9%48.0%
Term Structure-2.3%-10.4%6.3%1.0%-2.0%
VWIV22.0%13.7%31.1%25.2%15.3%
Skew 25d1.6%-7.8%7.0%4.6%1.2%
Skew 10d10.6%-1.0%19.9%1.6%4.0%
Call IV 25d22.0%15.4%33.8%24.0%15.4%
Put IV 25d23.6%16.2%34.6%28.6%16.6%
Bid-Ask Spread %122.52102.04136.74124.90131.75
Gamma HHI0.290.170.510.510.43
Net GEX15.0K-35.8K52.1K-32.7K52.1K
Net DEX-141.6K-348.8K356.3K186.1K-346.5K
Net VEX-1.0K-2.2K-529-1.9K-771
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.007.004.000.11
Total Volume19.86402242039
Total OI287.727226421421321

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$45.42$46.0029.1%8.3%19.5%48.4%25.2%4.6%1.0%-32.7K186.1K-1.9K4.00124.90N/AN/A41671350
2024-08-02$44.61$46.0027.7%7.9%20.3%44.5%0.0%-4.5%-4.6%-35.8K356.3K-2.2K0.00132.94N/AN/A022474340
2024-08-05$43.35$43.0049.7%11.0%22.4%100.0%0.0%5.8%-10.4%-10.3K176.6K-1.2K0.00120.60N/AN/A0074152
2024-08-06$44.23$43.0060.1%10.0%23.7%100.0%29.6%-1.2%-8.8%-9.6K168.1K-1.2K0.07136.74N/AN/A15174152
2024-08-07$44.71$43.0037.1%7.4%24.1%53.0%31.1%5.9%-2.9%-7.0K61.0K-1.2K4.00102.04N/AN/A1489152
2024-08-08$45.81$43.0048.4%8.4%25.5%76.0%25.4%-2.7%-1.2%-3.4K-14.3K-1.0K0.40112.06N/AN/A5290153
2024-08-09$46.38$43.0039.5%8.0%25.7%57.8%24.5%2.6%-0.6%4.3K-42.6K-1.1K0.00103.45N/AN/A36095155
2024-08-12$46.01$43.0049.3%7.8%25.6%77.9%24.7%4.0%-2.1%4.6K-67.5K-1.2K0.14110.08N/AN/A71127155
2024-08-13$46.80$43.0050.7%7.6%26.1%80.7%0.0%2.3%-2.1%7.8K-140.7K-1.1K0.00109.84N/AN/A02131156
2024-08-14$47.13$43.0025.2%7.2%25.7%28.5%20.6%0.6%-3.2%7.5K-163.9K-1.0K0.00113.14N/AN/A20131157
2024-08-15$47.50$43.0024.3%7.0%24.9%26.7%13.7%0.2%0.4%7.5K-194.9K-1.1K0.00130.32N/AN/A10133157
2024-08-16$47.67$43.0022.4%6.4%24.8%22.9%25.1%-7.8%-2.6%31.3K-241.1K-5290.00127.87N/AN/A210134157
2024-08-19$48.12$43.0019.5%5.6%24.9%16.9%15.0%1.7%6.3%31.5K-275.1K-6710.00121.18N/AN/A10122145
2024-08-20$48.50$44.0022.7%6.5%24.9%23.5%17.4%0.2%-3.6%29.2K-280.6K-7080.00120.81N/AN/A80124147
2024-08-21$48.67$44.0021.9%6.3%23.7%21.7%0.0%2.2%-0.3%39.3K-332.4K-7150.00129.72N/AN/A00131147
2024-08-22$48.37$44.0022.5%6.5%23.9%23.1%0.0%5.0%-1.6%35.7K-323.6K-7270.00116.64N/AN/A40131147
2024-08-23$48.84$44.0021.7%6.2%24.0%21.5%0.0%4.4%-0.8%36.1K-335.2K-7067.00134.21N/AN/A214131147
2024-08-26$48.73$44.0023.2%6.6%24.1%24.4%0.0%7.0%-1.8%36.3K-348.8K-7670.00129.55N/AN/A00133161
2024-08-27$48.86$44.0023.2%6.6%24.0%24.4%0.0%3.2%-1.4%35.1K-337.5K-7690.00133.18N/AN/A00133161
2024-08-28$48.47$44.0023.6%6.8%24.0%25.3%0.0%1.9%-2.9%35.5K-305.3K-7310.00128.24N/AN/A20133161
2024-08-29$48.66$44.0023.5%6.7%20.1%25.1%18.7%-2.1%-4.7%34.2K-313.6K-7330.00126.28N/AN/A250135161
2024-08-30$48.63$44.0023.2%6.7%18.5%24.5%15.3%1.2%-2.0%52.1K-346.5K-7710.11131.75N/AN/A354160161