IHDG Options History — November 2020

In November 2020, IHDG traded between $35.44 and $38.47. ATM implied volatility averaged 45.9%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 27.6% (HV 20d: 18.3%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2020-11-11: Largest IV drop — 38.6% change
  • 2020-11-10: Highest IV Rank — 30.6%
  • 2020-11-02: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.68$35.44$38.47$35.44$38.22
ATM IV45.9%37.7%61.4%56.9%46.7%
Expected Move12.0%10.4%16.3%16.3%13.4%
HV 20d18.3%14.4%20.4%15.7%14.4%
HV 60d15.5%14.3%16.0%14.6%14.3%
IV Rank21.5%17.0%30.6%28.0%21.4%
IV Percentile48.2%25.0%77.0%74.6%54.4%
Term Structure-10.5%-16.4%-6.4%-16.4%-12.1%
Skew 25d15.4%2.8%32.8%5.1%32.8%
Skew 10d29.8%16.8%50.7%17.1%50.7%
Call IV 25d37.1%13.9%63.2%63.2%26.7%
Put IV 25d52.4%45.1%68.7%68.3%59.4%
Bid-Ask Spread %180.05153.74188.47156.73181.53
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$35.44$0.0056.9%16.3%15.7%28.0%0.0%5.1%-16.4%0000.00156.73N/AN/A0000
2020-11-03$36.22$0.0053.9%15.5%17.5%26.3%0.0%6.0%-15.4%0000.00155.59N/AN/A0000
2020-11-04$36.62$0.0051.6%14.8%17.5%25.0%0.0%3.5%-14.8%0000.00153.74N/AN/A0000
2020-11-05$37.18$0.0053.4%10.7%18.3%26.0%0.0%31.3%-9.1%0000.00188.31N/AN/A0000
2020-11-06$37.34$0.0054.2%10.7%18.3%26.5%0.0%31.4%-6.4%0000.00188.47N/AN/A0000
2020-11-09$38.11$0.0058.4%10.4%19.5%28.9%0.0%7.5%-8.6%0000.00180.90N/AN/A0000
2020-11-10$37.88$0.0061.4%10.7%19.6%30.6%0.0%4.9%-9.0%0000.00185.25N/AN/A0000
2020-11-11$38.27$0.0037.7%10.8%19.9%17.0%0.0%6.4%-9.3%0000.00183.87N/AN/A0000
2020-11-12$37.85$0.0037.9%10.9%20.2%17.1%0.0%4.3%-10.4%0000.00184.54N/AN/A0000
2020-11-13$38.17$0.0037.8%10.8%20.4%17.0%0.0%26.7%-8.4%0000.00183.69N/AN/A0000
2020-11-16$38.07$0.0039.0%11.2%20.1%17.7%0.0%27.2%-11.7%0000.00184.15N/AN/A0000
2020-11-17$37.80$0.0039.2%11.2%20.2%17.8%0.0%12.1%-11.7%0000.00185.22N/AN/A0000
2020-11-18$37.60$0.0038.7%11.1%19.7%17.1%0.0%2.8%-10.4%0000.00186.33N/AN/A0000
2020-11-19$37.82$0.0039.9%11.4%19.8%17.8%0.0%3.5%-6.9%0000.00184.74N/AN/A0000
2020-11-20$37.98$0.0040.0%11.5%19.8%17.8%0.0%29.4%-8.2%0000.00184.25N/AN/A0000
2020-11-23$38.00$0.0041.7%11.9%17.6%18.8%0.0%30.9%-9.6%0000.00183.56N/AN/A0000
2020-11-24$38.22$0.0042.3%12.1%17.4%19.2%0.0%4.8%-10.0%0000.00183.93N/AN/A0000
2020-11-25$38.27$0.0042.5%12.2%15.1%19.0%0.0%5.1%-9.2%0000.00183.47N/AN/A0000
2020-11-27$38.47$0.0044.9%12.9%14.9%20.3%0.0%31.9%-11.7%0000.00182.75N/AN/A0000
2020-11-30$38.22$0.0046.7%13.4%14.4%21.4%0.0%32.8%-12.1%0000.00181.53N/AN/A0000