IHAK Options History — September 2025

In September 2025, IHAK traded between $50.77 and $53.41. ATM implied volatility averaged 19.6%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 3.4% (HV 20d: 16.2%). Max pain ranged from $50.00 to $54.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.11.

Notable Days

  • 2025-09-22: Highest Volume — 44 contracts
  • 2025-09-10: Largest IV drop — 35.6% change
  • 2025-09-09: Highest IV Rank — 17.6%
  • 2025-09-03: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.12$50.77$53.41$51.16$52.27
Max Pain$51.95$50.00$54.00$50.00$52.00
ATM IV19.6%15.5%24.7%22.7%21.1%
Expected Move5.3%4.5%6.6%6.5%6.0%
HV 20d16.2%14.5%17.6%17.6%16.0%
HV 60d17.2%16.7%17.7%16.9%17.3%
IV Rank9.3%2.7%17.6%14.2%11.6%
IV Percentile25.5%1.2%61.1%46.4%38.5%
Term Structure-2.4%-7.2%3.2%-1.5%-3.2%
VWIV16.6%10.2%20.8%20.5%12.9%
Skew 25d-3.1%-11.8%8.2%-11.3%-2.0%
Skew 10d0.5%-8.7%11.9%-6.2%-0.0%
Call IV 25d19.2%9.9%25.1%24.8%23.5%
Put IV 25d16.1%12.2%22.8%13.5%21.5%
Bid-Ask Spread %156.90134.24165.17134.24159.14
Gamma HHI0.250.160.350.160.30
Net GEX10.4K27619.4K2.1K17.9K
Net DEX-132.7K-197.8K-41.9K-65.4K-168.6K
Net VEX-769-985-644-847-985
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.000.330.00
Total Volume6.8104400
Total OI150.619100229146229

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$51.16$50.0022.7%6.5%17.6%14.2%0.0%-11.3%-1.5%2.1K-65.4K-8470.00134.24N/AN/A006680
2025-09-03$51.16$50.0023.1%6.6%17.4%14.9%20.5%-11.8%-0.8%4.1K-68.9K-7060.33137.71N/AN/A626680
2025-09-04$50.77$54.0022.1%4.7%17.6%13.3%0.0%-3.2%0.9%276-41.9K-8070.00159.20N/AN/A206880
2025-09-05$51.50$54.0022.6%4.8%17.1%14.1%0.0%-5.1%-1.8%6.8K-95.1K-7090.00163.32N/AN/A007080
2025-09-08$51.93$54.0023.6%5.4%16.8%15.7%0.0%-5.0%-6.1%6.9K-109.7K-7700.00150.39N/AN/A007080
2025-09-09$51.71$54.0024.7%4.8%16.9%17.6%0.0%-5.0%-4.2%8.1K-115.4K-6910.00158.33N/AN/A007080
2025-09-10$51.61$54.0015.9%4.6%16.1%3.3%10.2%0.3%-1.0%5.4K-102.4K-7541.00156.60N/AN/A117080
2025-09-11$52.58$51.0015.5%4.5%15.6%2.7%0.0%-4.6%-5.6%9.5K-141.4K-6940.00163.11N/AN/A006981
2025-09-12$52.20$51.0017.3%5.0%14.7%5.6%17.7%-5.2%-4.4%9.8K-138.8K-6440.00155.99N/AN/A506981
2025-09-15$52.14$51.0018.0%5.2%14.7%6.7%0.0%-4.5%-5.0%10.8K-145.8K-6530.00162.61N/AN/A1007481
2025-09-16$52.11$51.0018.3%5.2%14.5%7.1%0.0%-6.6%-7.2%9.6K-136.9K-7390.00165.17N/AN/A207781
2025-09-17$51.95$51.0017.6%5.1%14.5%6.1%0.0%-5.2%2.4%7.4K-117.2K-7990.00162.59N/AN/A107781
2025-09-18$53.25$51.0016.9%4.8%16.7%4.8%0.0%3.3%-0.1%16.7K-197.8K-7220.00161.33N/AN/A207881
2025-09-19$53.09$51.0018.0%5.2%16.5%6.7%17.7%3.4%-5.6%18.5K-193.5K-6680.20142.26N/AN/A517781
2025-09-22$53.41$52.0015.8%4.5%15.3%3.1%0.0%2.3%3.2%9.5K-140.7K-6540.00160.43N/AN/A4405248
2025-09-23$52.63$52.0018.0%5.2%16.2%6.7%0.0%-6.6%-0.4%14.2K-171.5K-8080.00155.23N/AN/A508848
2025-09-24$52.16$52.0019.1%5.5%16.6%8.5%0.0%-7.8%-0.8%10.5K-129.6K-8710.00160.31N/AN/A1108648
2025-09-25$51.84$52.0020.9%6.0%16.5%11.3%20.8%-5.4%-1.9%14.1K-146.1K-8850.00164.72N/AN/A209648
2025-09-26$52.45$52.0019.4%5.5%16.8%8.9%0.0%7.1%-2.7%16.4K-169.4K-9100.00161.89N/AN/A009848
2025-09-29$52.61$52.0021.0%6.0%16.7%11.6%12.9%8.2%-4.8%19.4K-191.1K-8310.00160.26N/AN/A4309848
2025-09-30$52.27$52.0021.1%6.0%16.0%11.6%0.0%-2.0%-3.2%17.9K-168.6K-9850.00159.14N/AN/A0018148