IHDG Options History — January 2021

In January 2021, IHDG traded between $39.58 and $41.06. ATM implied volatility averaged 65.4%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 53.6% (HV 20d: 11.8%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 2 of 19 days.

Notable Days

  • 2021-01-27: Largest IV spike — 100.3% change
  • 2021-01-12: Highest IV Rank — 74.1%
  • 2021-01-27: Largest Expected Move — 30.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.54$39.58$41.06$39.83$39.58
ATM IV65.4%45.5%137.2%56.5%86.5%
Expected Move14.6%9.3%30.9%9.6%24.8%
HV 20d11.8%10.6%15.5%10.8%15.5%
HV 60d13.5%11.9%14.0%13.8%13.2%
IV Rank32.3%20.7%74.1%27.1%44.6%
IV Percentile72.3%47.6%98.4%72.6%90.1%
Term Structure-8.4%-29.4%23.5%-6.5%-25.7%
Skew 25d16.6%1.0%79.4%24.9%79.4%
Skew 10d36.8%20.2%101.7%35.9%101.7%
Call IV 25d48.1%15.3%115.1%17.0%35.4%
Put IV 25d64.7%40.6%142.9%41.9%114.8%
Bid-Ask Spread %183.11172.60193.88177.20193.88
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$39.83$0.0056.5%9.6%10.8%27.1%0.0%24.9%-6.5%0000.00177.20N/AN/A0000
2021-01-05$39.95$0.0058.8%9.5%10.7%28.4%0.0%25.9%-6.5%0000.00177.27N/AN/A0000
2021-01-06$40.22$0.0060.7%9.6%10.6%29.5%0.0%22.9%-7.0%0000.00176.37N/AN/A0000
2021-01-07$40.58$0.0062.1%9.4%10.8%30.4%0.0%26.1%-6.5%0000.00174.80N/AN/A0000
2021-01-08$40.99$0.0063.5%9.3%11.2%31.2%0.0%8.4%-5.8%0000.00172.60N/AN/A0000
2021-01-11$40.73$0.0083.4%9.6%11.6%42.7%0.0%22.0%-6.4%0000.00173.97N/AN/A0000
2021-01-12$40.52$0.00137.2%13.0%11.8%74.1%0.0%8.2%-11.9%0000.00185.76N/AN/A0000
2021-01-13$40.52$0.0045.5%13.0%11.7%20.7%0.0%8.6%-12.9%0000.00185.90N/AN/A0000
2021-01-14$40.75$0.0045.5%13.0%11.7%20.7%0.0%8.5%23.0%0000.00185.04N/AN/A0000
2021-01-15$40.35$0.0046.9%13.5%12.4%21.5%0.0%7.1%23.5%0000.00186.27N/AN/A0000
2021-01-19$40.68$0.0049.1%14.1%12.7%22.8%0.0%6.4%-9.4%0000.00185.47N/AN/A0000
2021-01-20$40.97$0.0048.7%14.0%12.8%22.5%0.0%6.1%-9.7%0000.00184.45N/AN/A0000
2021-01-21$40.92$0.0049.5%14.2%11.0%23.0%0.0%6.5%-10.2%0000.00183.99N/AN/A0000
2021-01-22$40.92$0.0050.4%14.5%11.0%23.5%0.0%4.3%-10.4%0000.00184.10N/AN/A0000
2021-01-25$41.02$0.0053.3%15.3%11.0%25.2%0.0%1.8%-12.4%0000.00183.50N/AN/A0000
2021-01-26$41.06$0.0053.8%15.4%10.9%25.5%0.0%1.0%-12.2%0000.00183.11N/AN/A0000
2021-01-27$40.21$0.00107.7%30.9%13.4%56.9%0.0%27.8%-29.4%0000.00192.50N/AN/A0000
2021-01-28$40.43$0.0083.6%24.0%13.3%42.9%0.0%19.6%-23.1%0000.00193.00N/AN/A0000
2021-01-29$39.58$0.0086.5%24.8%15.5%44.6%0.0%79.4%-25.7%0000.00193.88N/AN/A0000