IHDG Options History — March 2019

In March 2019, IHDG traded between $31.44 and $32.18. ATM implied volatility averaged 19.0%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 10.2% (HV 20d: 8.8%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2019-03-25: Largest IV spike — 107.7% change
  • 2019-03-11: Highest IV Rank — 54.4%
  • 2019-03-08: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.79$31.44$32.18$31.69$32.12
ATM IV19.0%9.2%39.9%21.5%19.6%
Expected Move4.8%3.0%9.2%6.2%4.5%
HV 20d8.8%7.5%10.6%9.0%9.6%
HV 60d12.6%11.1%14.9%14.9%11.1%
IV Rank17.1%0.0%54.4%20.2%18.8%
IV Percentile37.1%0.0%98.4%59.9%46.8%
Term Structure-1.4%-5.6%5.0%-5.6%-4.1%
Skew 25d2.2%-5.1%4.2%3.5%3.4%
Skew 10d6.6%2.0%11.2%11.2%9.0%
Call IV 25d16.7%8.7%24.1%24.1%20.1%
Put IV 25d18.9%10.6%27.6%27.6%23.5%
Bid-Ask Spread %149.77113.23159.47158.68153.46
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$31.69$0.0021.5%6.2%9.0%20.2%0.0%3.5%-5.6%0000.00158.68N/AN/A0000
2019-03-04$31.70$0.0021.3%6.1%8.9%20.0%0.0%2.5%-1.3%0000.00155.79N/AN/A0000
2019-03-05$31.87$0.0013.6%3.9%8.9%5.5%0.0%2.0%2.1%0000.00138.16N/AN/A0000
2019-03-06$31.81$0.0014.2%4.1%8.2%6.8%0.0%2.1%2.1%0000.00121.17N/AN/A0000
2019-03-07$31.54$0.0028.2%8.1%8.8%32.7%0.0%2.1%-1.6%0000.00147.25N/AN/A0000
2019-03-08$31.44$0.0032.1%9.2%8.4%40.0%0.0%2.5%-1.6%0000.00159.47N/AN/A0000
2019-03-11$31.56$0.0039.9%4.3%8.2%54.4%0.0%3.1%-1.6%0000.00154.78N/AN/A0000
2019-03-12$31.55$0.0016.6%4.3%8.2%11.2%0.0%2.1%-1.3%0000.00156.25N/AN/A0000
2019-03-13$31.57$0.009.2%3.0%7.7%0.0%0.0%1.6%2.5%0000.00113.23N/AN/A0000
2019-03-14$31.64$0.0016.8%4.2%7.5%13.7%0.0%2.3%-1.4%0000.00156.52N/AN/A0000
2019-03-15$31.95$0.0015.4%4.0%8.1%11.2%0.0%3.2%-1.3%0000.00155.40N/AN/A0000
2019-03-18$32.09$0.0016.1%4.1%7.9%12.4%0.0%3.5%-1.6%0000.00155.37N/AN/A0000
2019-03-19$32.17$0.0016.3%4.0%7.8%12.8%0.0%-5.1%-2.5%0000.00153.91N/AN/A0000
2019-03-20$32.07$0.0016.3%4.1%8.0%12.8%0.0%3.3%-2.0%0000.00154.46N/AN/A0000
2019-03-21$32.18$0.0016.1%4.0%8.0%12.6%0.0%4.2%-1.7%0000.00150.66N/AN/A0000
2019-03-22$31.61$0.009.9%4.3%10.3%1.3%0.0%1.4%5.0%0000.00151.25N/AN/A0000
2019-03-25$31.57$0.0020.6%4.7%10.3%20.6%0.0%2.9%-3.6%0000.00154.71N/AN/A0000
2019-03-26$31.78$0.0018.3%4.4%10.6%16.5%0.0%1.6%-2.9%0000.00152.90N/AN/A0000
2019-03-27$31.78$0.0018.4%4.3%10.2%16.6%0.0%1.5%-3.4%0000.00149.98N/AN/A0000
2019-03-28$31.90$0.0019.2%4.3%10.2%18.1%0.0%2.4%-4.4%0000.00151.67N/AN/A0000
2019-03-29$32.12$0.0019.6%4.5%9.6%18.8%0.0%3.4%-4.1%0000.00153.46N/AN/A0000