IHDG Options History — July 2019

In July 2019, IHDG traded between $33.03 and $33.61. ATM implied volatility averaged 17.9%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 8.5% (HV 20d: 9.4%). Max pain ranged from $32.00 to $32.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days.

Notable Days

  • 2019-07-26: Largest IV spike — 69.1% change
  • 2019-07-29: Highest IV Rank — 29.2%
  • 2019-07-29: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.29$33.03$33.61$33.17$33.21
Max Pain$32.00$32.00$32.00$32.00$32.00
ATM IV17.9%12.8%25.4%18.3%19.8%
Expected Move4.7%3.4%7.3%5.2%5.7%
HV 20d9.4%7.8%10.7%10.2%8.0%
HV 60d11.4%11.2%11.7%11.2%11.5%
IV Rank15.7%6.5%29.2%16.4%19.2%
IV Percentile31.5%2.0%81.3%31.0%45.6%
Term Structure2.8%-11.9%84.0%-3.8%-5.3%
Skew 25d-1.4%-11.8%11.6%-6.7%11.6%
Skew 10d2.1%-10.4%17.8%-6.6%17.8%
Call IV 25d19.1%15.0%30.6%20.3%18.1%
Put IV 25d17.7%11.3%31.2%13.6%29.7%
Bid-Ask Spread %145.10120.88168.86164.53141.63
Gamma HHI0.850.820.880.830.84
Net GEX2.3K1.9K2.8K1.9K2.2K
Net DEX-12.0K-14.6K-8.9K-12.1K-11.3K
Net VEX-31-40-23-39-23
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI99999

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$33.17$0.0018.3%5.2%10.2%16.4%0.0%-6.7%-3.8%1.9K-12.1K-390.00164.53N/AN/A0090
2019-07-02$33.34$0.0020.0%5.7%10.2%19.5%0.0%4.3%-11.9%2.1K-12.9K-390.00168.86N/AN/A0090
2019-07-03$33.59$0.0020.1%5.8%10.3%19.7%0.0%-0.9%-4.7%2.3K-14.5K-400.00157.19N/AN/A0090
2019-07-05$33.36$32.0021.0%3.5%10.7%21.3%0.0%1.2%3.7%2.1K-13.0K-380.00142.72N/AN/A0090
2019-07-08$33.34$32.0024.3%3.4%10.4%27.3%0.0%-3.1%4.3%2.2K-12.7K-360.00142.24N/AN/A0090
2019-07-09$33.17$32.0024.5%3.9%10.4%27.7%0.0%1.9%1.5%2.6K-10.2K-320.00139.67N/AN/A0090
2019-07-10$33.14$32.0015.4%4.4%10.1%11.3%0.0%-5.5%-2.8%2.0K-11.6K-350.00146.12N/AN/A0090
2019-07-11$33.09$32.0014.8%4.2%10.1%10.0%0.0%-5.9%-1.6%2.0K-11.2K-330.00146.46N/AN/A0090
2019-07-12$33.03$32.0013.5%3.9%10.0%7.7%0.0%-3.3%1.1%2.5K-8.9K-270.00144.28N/AN/A0090
2019-07-15$33.17$32.0013.8%3.9%10.0%8.3%0.0%-3.0%0.7%2.7K-9.9K-290.00143.14N/AN/A0090
2019-07-16$33.22$32.0012.9%3.7%9.9%6.7%0.0%0.8%3.2%2.2K-11.7K-320.00148.75N/AN/A0090
2019-07-17$33.19$32.0012.8%3.7%9.1%6.5%0.0%3.4%2.6%2.2K-11.3K-300.00143.59N/AN/A0090
2019-07-18$33.10$32.0016.1%4.6%9.1%12.5%0.0%1.6%-2.9%2.0K-11.2K-290.00144.09N/AN/A0090
2019-07-19$33.19$32.0013.7%3.9%9.1%8.2%0.0%-3.5%1.7%2.8K-9.5K-250.00134.40N/AN/A0090
2019-07-22$33.28$32.0013.6%3.9%8.8%7.9%0.0%-5.5%84.0%2.3K-11.8K-280.00138.95N/AN/A0090
2019-07-23$33.58$32.0017.6%5.0%8.2%15.1%0.0%-3.4%-3.4%2.5K-14.0K-290.00134.88N/AN/A0090
2019-07-24$33.59$32.0017.2%4.9%7.8%14.5%0.0%1.5%-3.3%2.5K-14.0K-280.00139.90N/AN/A0090
2019-07-25$33.35$32.0014.8%4.2%8.4%10.1%0.0%-6.3%3.3%2.5K-12.1K-260.00120.88N/AN/A0090
2019-07-26$33.52$32.0025.0%7.2%8.5%28.6%0.0%-11.8%-6.0%2.0K-14.0K-270.00151.58N/AN/A0090
2019-07-29$33.61$32.0025.4%7.3%8.4%29.2%0.0%2.2%-6.6%1.9K-14.6K-260.00147.31N/AN/A0090
2019-07-30$33.22$32.0018.7%5.4%8.2%17.3%0.0%0.6%7.8%1.9K-12.1K-240.00150.98N/AN/A0090
2019-07-31$33.21$32.0019.8%5.7%8.0%19.2%0.0%11.6%-5.3%2.2K-11.3K-230.00141.63N/AN/A0090