IHDG Options History — May 2019

In May 2019, IHDG traded between $31.52 and $33.16. ATM implied volatility averaged 23.5%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 12.0% (HV 20d: 11.4%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2019-05-10: Largest IV spike — 62.2% change
  • 2019-05-10: Highest IV Rank — 75.4%
  • 2019-05-10: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.34$31.52$33.16$33.16$31.52
ATM IV23.5%11.9%50.8%20.3%21.6%
Expected Move5.3%3.4%7.5%5.8%6.2%
HV 20d11.4%4.7%15.0%4.7%15.0%
HV 60d9.8%8.1%11.0%8.2%11.0%
IV Rank25.9%4.8%75.4%20.1%22.4%
IV Percentile55.0%2.0%99.6%53.6%61.9%
Term Structure-4.5%-10.1%-2.4%-7.4%-4.4%
Skew 25d0.4%-6.9%3.1%1.2%-0.4%
Skew 10d-2.3%-12.0%11.9%11.9%-5.9%
Call IV 25d18.8%11.1%29.8%12.1%22.3%
Put IV 25d19.1%11.5%30.5%13.3%21.9%
Bid-Ask Spread %164.46116.55177.91143.71165.47
Gamma HHI1.001.001.001.001.00
Net GEX205103263143170
Net DEX-2.0K-2.7K-1.4K-2.4K-1.4K
Net VEX-6-7-5-6-6
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$33.16$0.0020.3%5.8%4.7%20.1%0.0%1.2%-7.4%143-2.4K-60.00143.71N/AN/A0010
2019-05-02$32.93$0.0019.2%5.5%5.4%18.1%0.0%1.1%-5.3%198-2.5K-50.00137.44N/AN/A0010
2019-05-03$33.10$0.0020.3%5.8%5.7%20.0%0.0%0.6%-5.6%189-2.7K-50.00116.55N/AN/A0010
2019-05-06$32.84$0.0022.4%4.4%6.2%23.9%0.0%2.4%-6.8%231-2.6K-50.00169.48N/AN/A0010
2019-05-07$32.31$0.0028.1%4.8%8.5%34.2%0.0%-2.6%-3.7%194-2.0K-70.00168.97N/AN/A0010
2019-05-08$32.53$0.0027.6%4.7%8.7%33.4%0.0%3.1%-3.3%153-2.0K-60.00173.36N/AN/A0010
2019-05-09$32.33$0.0031.4%4.9%8.9%40.1%0.0%2.5%-3.0%207-2.0K-60.00165.49N/AN/A0010
2019-05-10$32.51$0.0050.8%7.5%9.2%75.4%0.0%0.7%-10.1%103-1.9K-70.00177.91N/AN/A0010
2019-05-13$31.76$0.0038.3%5.2%12.2%52.7%0.0%0.7%-4.3%152-1.6K-60.00167.10N/AN/A0010
2019-05-14$32.11$0.0040.8%4.9%13.0%57.2%0.0%1.5%-3.2%243-1.9K-60.00170.03N/AN/A0010
2019-05-15$32.31$0.0017.3%5.0%13.1%14.7%0.0%2.4%-3.7%257-2.1K-60.00171.27N/AN/A0010
2019-05-16$32.60$0.0016.3%4.7%13.6%12.9%0.0%2.9%-6.8%247-2.3K-50.00171.61N/AN/A0010
2019-05-17$32.51$0.0017.2%4.9%13.5%14.4%0.0%2.1%-3.6%263-2.3K-60.00172.23N/AN/A0010
2019-05-20$32.24$0.0018.7%5.4%13.7%17.2%0.0%2.4%-3.3%253-2.0K-60.00171.70N/AN/A0010
2019-05-21$32.44$0.0019.1%5.5%13.9%18.0%0.0%2.3%-3.8%263-2.2K-60.00173.81N/AN/A0010
2019-05-22$32.41$0.0019.2%5.5%13.8%18.0%0.0%-4.3%-3.9%253-2.1K-60.00171.92N/AN/A0010
2019-05-23$31.97$0.0017.7%5.1%14.5%15.4%0.0%0.4%-3.4%182-1.7K-60.00169.08N/AN/A0010
2019-05-24$32.13$0.0011.9%3.4%14.5%4.8%0.0%0.4%-2.4%226-1.8K-60.00149.63N/AN/A0010
2019-05-28$32.02$0.0018.7%5.4%14.4%17.2%0.0%-6.0%-3.4%176-1.7K-60.00170.89N/AN/A0010
2019-05-29$31.80$0.0019.9%5.7%14.6%19.4%0.0%1.4%-3.9%224-1.6K-60.00168.45N/AN/A0010
2019-05-30$31.90$0.0019.9%5.7%14.7%19.4%0.0%-6.9%-4.2%182-1.7K-60.00171.97N/AN/A0010
2019-05-31$31.52$0.0021.6%6.2%15.0%22.4%0.0%-0.4%-4.4%170-1.4K-60.00165.47N/AN/A0010