IHDG Options History — October 2018

In October 2018, IHDG traded between $29.14 and $32.24. ATM implied volatility averaged 23.2%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 9.1% (HV 20d: 14.1%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2018-10-01: Highest Volume — 4 contracts
2018-10-11: Largest IV spike — 66.8% change
2018-10-29: Highest IV Rank — 86.8%
2018-10-29: Largest Expected Move — 10.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.29	$29.14	$32.24	$32.24	$30.07
Max Pain	$29.00	$29.00	$29.00	$29.00	$29.00
ATM IV	23.2%	18.7%	35.4%	21.4%	24.9%
Expected Move	6.3%	4.8%	10.1%	6.1%	7.1%
HV 20d	14.1%	6.7%	19.8%	8.0%	19.8%
HV 60d	10.7%	7.9%	13.3%	8.2%	13.3%
IV Rank	54.3%	42.5%	86.8%	49.7%	58.9%
IV Percentile	81.7%	65.5%	98.0%	81.7%	89.3%
Term Structure	-5.0%	-11.9%	-0.9%	-5.6%	-6.9%
VWIV	24.1%	18.3%	38.9%	20.2%	27.6%
Skew 25d	2.6%	-7.0%	19.9%	0.8%	7.3%
Skew 10d	0.4%	-13.6%	9.9%	4.1%	8.1%
Call IV 25d	22.1%	14.0%	37.8%	23.2%	21.7%
Put IV 25d	24.7%	12.6%	46.3%	24.0%	29.1%
Bid-Ask Spread %	161.16	148.25	173.62	163.52	167.91
Gamma HHI	0.38	0.36	0.41	0.41	0.37
Net GEX	1.1K	797	1.3K	875	1.3K
Net DEX	-12.4K	-20.2K	-7.7K	-20.0K	-11.4K
Net VEX	-29	-34	-23	-29	-24
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	4	4	4	4	4
Total OI	8	8	8	8	8

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2018-10-01	$32.24	$0.00	21.4%	6.1%	8.0%	49.7%	0.0%	0.8%	-5.6%	875	-20.0K	-29	163.52	N/A	N/A	4	8
2018-10-02	$32.12	$0.00	19.9%	5.7%	7.7%	45.5%	0.0%	5.5%	-4.2%	935	-20.0K	-30	169.27	N/A	N/A	4	8
2018-10-03	$32.17	$0.00	21.4%	6.1%	6.7%	49.5%	0.0%	-7.0%	-7.3%	926	-20.2K	-29	161.36	N/A	N/A	4	8
2018-10-04	$31.48	$29.00	24.4%	5.2%	10.2%	57.5%	20.2%	1.5%	-3.3%	1.0K	-17.3K	-33	164.45	N/A	N/A	4	8
2018-10-05	$31.25	$29.00	24.0%	4.8%	10.2%	56.6%	19.1%	1.4%	-3.0%	1.1K	-16.6K	-33	166.49	N/A	N/A	4	8
2018-10-08	$31.03	$29.00	25.0%	5.0%	10.4%	59.1%	18.5%	2.3%	-2.7%	1.2K	-15.6K	-33	167.06	N/A	N/A	4	8
2018-10-09	$30.78	$29.00	24.4%	4.9%	10.7%	57.6%	18.3%	2.4%	-3.1%	1.2K	-14.6K	-33	166.30	N/A	N/A	4	8
2018-10-10	$29.90	$29.00	19.1%	5.5%	14.3%	43.6%	21.6%	0.3%	-4.7%	1.2K	-10.8K	-32	160.75	N/A	N/A	4	8
2018-10-11	$29.55	$29.00	31.9%	9.1%	14.6%	77.5%	31.7%	19.9%	-6.1%	797	-10.5K	-33	167.39	N/A	N/A	4	8
2018-10-12	$29.77	$29.00	29.8%	8.5%	14.7%	71.9%	31.6%	-2.3%	-7.4%	810	-11.1K	-34	173.62	N/A	N/A	4	8
2018-10-15	$29.67	$29.00	18.7%	5.4%	14.7%	42.5%	21.5%	1.6%	-0.9%	1.2K	-9.8K	-30	159.67	N/A	N/A	4	8
2018-10-16	$30.13	$29.00	18.9%	5.4%	15.9%	42.9%	20.5%	2.3%	-4.1%	1.2K	-11.7K	-30	163.21	N/A	N/A	4	8
2018-10-17	$30.26	$29.00	19.5%	5.6%	16.0%	44.5%	20.8%	1.9%	-4.2%	1.3K	-12.3K	-30	161.79	N/A	N/A	4	8
2018-10-18	$29.91	$29.00	19.3%	5.5%	16.0%	43.9%	22.6%	-0.6%	-5.1%	1.3K	-10.7K	-29	156.62	N/A	N/A	4	8
2018-10-19	$29.90	$29.00	20.0%	5.7%	15.9%	45.9%	22.4%	3.3%	-5.5%	1.3K	-10.6K	-28	154.53	N/A	N/A	4	8
2018-10-22	$29.95	$29.00	20.4%	5.8%	16.0%	46.8%	23.0%	4.1%	-3.3%	1.3K	-10.8K	-27	148.25	N/A	N/A	4	8
2018-10-23	$29.68	$29.00	20.4%	5.8%	16.0%	46.9%	22.2%	0.6%	-3.7%	1.2K	-9.5K	-25	149.93	N/A	N/A	4	8
2018-10-24	$29.26	$29.00	22.6%	6.5%	16.2%	52.8%	25.0%	0.7%	-5.4%	1.1K	-7.7K	-23	150.37	N/A	N/A	4	8
2018-10-25	$29.62	$29.00	22.1%	6.3%	17.3%	51.5%	24.8%	3.5%	-5.1%	1.2K	-9.4K	-25	164.21	N/A	N/A	4	8
2018-10-26	$29.25	$29.00	24.1%	6.9%	17.5%	56.8%	25.9%	3.0%	-5.4%	1.1K	-7.9K	-23	159.82	N/A	N/A	4	8
2018-10-29	$29.14	$29.00	35.4%	10.1%	17.0%	86.8%	38.9%	8.5%	-11.9%	925	-8.3K	-24	155.72	N/A	N/A	4	8
2018-10-30	$29.64	$29.00	25.7%	7.4%	18.8%	60.9%	26.7%	-2.4%	-5.9%	1.2K	-9.4K	-23	154.54	N/A	N/A	4	8
2018-10-31	$30.07	$29.00	24.9%	7.1%	19.8%	58.9%	27.6%	7.3%	-6.9%	1.3K	-11.4K	-24	167.91	N/A	N/A	4	8