IHAK Options History — September 2024

In September 2024, IHAK traded between $46.10 and $48.78. ATM implied volatility averaged 24.3%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 9.1% (HV 20d: 15.2%). Max pain ranged from $45.00 to $46.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.51.

Notable Days

2024-09-26: Highest Volume — 34 contracts
2024-09-11: Largest IV drop — 32.7% change
2024-09-10: Highest IV Rank — 45.7%
2024-09-04: Largest Expected Move — 7.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.62	$46.10	$48.78	$47.73	$48.62
Max Pain	$45.90	$45.00	$46.00	$45.00	$46.00
ATM IV	24.3%	20.2%	33.6%	24.3%	23.1%
Expected Move	6.6%	5.8%	7.6%	7.0%	6.6%
HV 20d	15.2%	13.9%	16.3%	16.3%	15.8%
HV 60d	18.5%	18.2%	19.0%	18.3%	18.5%
IV Rank	26.5%	18.0%	45.7%	26.8%	23.8%
IV Percentile	50.8%	15.1%	92.9%	57.1%	44.8%
Term Structure	-1.3%	-6.7%	3.8%	-4.2%	-3.3%
VWIV	17.7%	15.6%	22.5%	16.6%	16.1%
Skew 25d	2.6%	-1.8%	11.2%	11.2%	6.1%
Skew 10d	0.9%	-9.6%	18.2%	1.0%	1.7%
Call IV 25d	18.9%	13.8%	23.0%	17.5%	15.7%
Put IV 25d	21.5%	18.2%	28.7%	28.7%	21.9%
Bid-Ask Spread %	131.88	108.60	159.82	118.07	144.78
Gamma HHI	0.29	0.19	0.53	0.44	0.23
Net GEX	22.4K	3.9K	53.8K	53.8K	15.9K
Net DEX	-149.3K	-317.6K	-59.9K	-317.6K	-124.2K
Net VEX	-500	-840	-334	-840	-530
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.00	5.00	0.00	0.00
Total Volume	4.65	0	34	0	0
Total OI	268.45	50	360	360	100

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-09-03	$47.73	$45.00	24.3%	7.0%	16.3%	26.8%	0.0%	11.2%	-4.2%	53.8K	-317.6K	-840	0.00	118.07	N/A	N/A	0	0	195	165
2024-09-04	$47.30	$45.00	26.6%	7.6%	16.0%	31.4%	0.0%	0.3%	-5.5%	35.8K	-203.0K	-745	0.00	132.67	N/A	N/A	0	0	195	165
2024-09-05	$47.06	$46.00	26.7%	6.0%	16.0%	31.6%	0.0%	3.4%	0.6%	26.1K	-185.8K	-835	0.00	127.01	N/A	N/A	0	0	195	165
2024-09-06	$46.10	$46.00	27.0%	6.5%	15.9%	32.3%	0.0%	2.6%	-6.7%	13.2K	-87.0K	-699	0.00	114.78	N/A	N/A	1	0	195	165
2024-09-09	$46.23	$46.00	32.6%	7.1%	15.2%	43.8%	0.0%	-0.1%	-5.1%	19.9K	-109.1K	-571	0.00	120.34	N/A	N/A	21	0	194	165
2024-09-10	$46.13	$46.00	33.6%	6.9%	15.0%	45.7%	0.0%	0.6%	-3.2%	8.9K	-59.9K	-404	5.00	111.14	N/A	N/A	1	5	178	165
2024-09-11	$46.45	$46.00	22.6%	6.5%	13.9%	22.9%	0.0%	-1.8%	2.1%	11.5K	-69.2K	-420	0.00	108.60	N/A	N/A	0	0	178	164
2024-09-12	$46.93	$46.00	22.6%	6.5%	14.1%	22.8%	0.0%	2.5%	-0.1%	16.1K	-99.0K	-392	0.00	129.62	N/A	N/A	6	0	178	164
2024-09-13	$47.36	$46.00	22.5%	6.4%	14.2%	22.7%	0.0%	1.7%	-0.4%	18.8K	-135.7K	-425	0.00	126.08	N/A	N/A	0	0	184	164
2024-09-16	$47.81	$46.00	22.7%	6.5%	14.6%	23.1%	16.6%	4.4%	1.5%	25.1K	-162.6K	-417	0.00	132.54	N/A	N/A	1	0	184	164
2024-09-17	$47.84	$46.00	20.8%	6.0%	14.2%	19.2%	0.0%	2.1%	-2.1%	25.8K	-167.4K	-401	0.00	125.94	N/A	N/A	0	0	185	164
2024-09-18	$47.39	$46.00	23.4%	6.7%	14.2%	24.4%	22.5%	2.2%	-3.4%	31.0K	-190.1K	-490	0.00	153.72	N/A	N/A	0	2	185	164
2024-09-19	$48.22	$46.00	23.2%	6.6%	15.6%	24.0%	15.6%	6.0%	-1.2%	47.2K	-278.9K	-455	0.00	131.03	N/A	N/A	1	0	185	166
2024-09-20	$48.51	$46.00	21.1%	6.0%	15.6%	19.7%	0.0%	0.6%	3.8%	53.5K	-299.1K	-363	0.00	131.58	N/A	N/A	4	0	186	166
2024-09-23	$48.69	$46.00	23.0%	6.6%	15.2%	23.8%	16.1%	1.9%	2.5%	3.9K	-81.5K	-334	0.07	140.73	N/A	N/A	14	1	32	18
2024-09-24	$48.78	$46.00	20.2%	5.8%	15.2%	18.0%	0.0%	1.8%	2.7%	9.4K	-102.0K	-388	0.00	145.57	N/A	N/A	0	0	46	19
2024-09-25	$48.20	$46.00	21.9%	6.3%	15.8%	21.5%	0.0%	1.3%	-2.0%	8.3K	-93.2K	-379	0.00	135.76	N/A	N/A	0	1	46	19
2024-09-26	$48.59	$46.00	25.1%	7.2%	15.8%	28.0%	0.0%	3.4%	2.8%	9.1K	-97.5K	-380	0.00	159.82	N/A	N/A	34	0	46	20
2024-09-27	$48.47	$46.00	23.7%	6.8%	15.8%	25.1%	0.0%	2.1%	-4.7%	15.0K	-122.7K	-537	0.00	147.75	N/A	N/A	1	0	80	20
2024-09-30	$48.62	$46.00	23.1%	6.6%	15.8%	23.8%	0.0%	6.1%	-3.3%	15.9K	-124.2K	-530	0.00	144.78	N/A	N/A	0	0	80	20