IHDG Options History — August 2020

In August 2020, IHDG traded between $35.19 and $36.43. ATM implied volatility averaged 47.5%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 33.5% (HV 20d: 13.9%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2020-08-12: Largest IV drop — 38.6% change
  • 2020-08-10: Highest IV Rank — 32.7%
  • 2020-08-05: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.80$35.19$36.43$35.31$35.90
ATM IV47.5%38.3%62.6%52.2%50.3%
Expected Move12.5%11.0%15.5%15.0%14.4%
HV 20d13.9%10.6%14.9%13.9%10.6%
HV 60d15.5%14.5%16.6%16.6%14.5%
IV Rank23.6%18.0%32.7%26.4%25.3%
IV Percentile62.7%44.8%81.3%75.8%70.6%
Term Structure-9.7%-16.7%-6.5%-13.4%-14.2%
Skew 25d5.7%-22.5%30.4%-22.5%3.7%
Skew 10d14.2%3.9%36.5%18.6%12.4%
Call IV 25d47.9%17.8%63.7%60.0%60.6%
Put IV 25d53.6%37.5%68.0%37.5%64.4%
Bid-Ask Spread %187.84154.39194.50157.36192.19
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
2020-08-03$35.31$0.0052.2%15.0%13.9%26.4%0.0%-22.5%-13.4%0000.00157.36N/AN/A0000
2020-08-04$35.19$0.0053.0%15.2%13.8%26.9%0.0%4.3%-14.3%0000.00155.69N/AN/A0000
2020-08-05$35.33$0.0054.0%15.5%13.9%27.6%0.0%3.8%-16.7%0000.00154.39N/AN/A0000
2020-08-06$35.26$0.0055.0%11.0%13.9%28.1%0.0%4.2%-6.5%0000.00194.16N/AN/A0000
2020-08-07$35.20$0.0056.5%11.2%13.7%29.1%0.0%3.8%-7.6%0000.00194.50N/AN/A0000
2020-08-10$35.29$0.0062.6%11.3%13.6%32.7%0.0%4.3%-7.3%0000.00194.14N/AN/A0000
2020-08-11$35.52$0.0062.4%11.1%13.6%32.6%0.0%3.3%-8.5%0000.00193.71N/AN/A0000
2020-08-12$36.12$0.0038.3%11.0%14.6%18.0%0.0%29.4%-7.8%0000.00193.66N/AN/A0000
2020-08-13$36.08$0.0038.8%11.1%14.4%18.4%0.0%30.4%-7.8%0000.00193.50N/AN/A0000
2020-08-14$35.72$0.0039.5%11.3%14.8%18.8%0.0%4.2%-8.6%0000.00193.55N/AN/A0000
2020-08-17$36.01$0.0040.1%11.5%14.8%19.1%0.0%4.8%-8.5%0000.00192.93N/AN/A0000
2020-08-18$35.92$0.0040.7%11.7%14.9%19.5%0.0%4.2%-9.9%0000.00192.64N/AN/A0000
2020-08-19$35.98$0.0040.8%11.7%14.8%19.6%0.0%4.6%-9.6%0000.00192.99N/AN/A0000
2020-08-20$35.85$0.0042.1%12.1%14.8%20.4%0.0%4.8%-7.5%0000.00193.16N/AN/A0000
2020-08-21$35.88$0.0041.6%11.9%14.1%20.1%0.0%4.8%-7.5%0000.00193.59N/AN/A0000
2020-08-24$36.32$0.0044.4%12.7%14.4%21.7%0.0%5.8%-9.2%0000.00192.56N/AN/A0000
2020-08-25$36.19$0.0044.7%12.8%14.4%21.9%0.0%5.1%-8.8%0000.00192.57N/AN/A0000
2020-08-26$36.43$0.0045.5%13.0%14.5%22.4%0.0%6.3%-9.2%0000.00192.25N/AN/A0000
2020-08-27$36.25$0.0046.7%13.4%13.1%23.1%0.0%6.3%-9.9%0000.00192.68N/AN/A0000
2020-08-28$35.95$0.0047.3%13.6%11.9%23.5%0.0%4.7%-10.4%0000.00192.47N/AN/A0000
2020-08-31$35.90$0.0050.3%14.4%10.6%25.3%0.0%3.7%-14.2%0000.00192.19N/AN/A0000