IHDG Options History — January 2022

In January 2022, IHDG traded between $42.24 and $46.08. ATM implied volatility averaged 32.2%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 19.4% (HV 20d: 12.8%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2022-01-10: Largest IV spike — 117.9% change
  • 2022-01-26: Highest IV Rank — 27.1%
  • 2022-01-26: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.08$42.24$46.08$46.01$43.04
ATM IV32.2%17.8%55.7%28.5%33.1%
Expected Move8.6%3.5%16.0%8.2%9.5%
HV 20d12.8%10.2%15.3%14.8%15.3%
HV 60d14.2%13.2%15.4%13.2%15.4%
IV Rank12.6%3.7%27.1%10.3%13.2%
IV Percentile55.9%5.2%93.3%46.8%67.9%
Term Structure-7.7%-18.1%-1.2%-6.7%-8.5%
Skew 25d3.7%0.7%23.8%1.6%3.6%
Skew 10d12.4%0.1%32.8%9.0%4.1%
Call IV 25d32.7%12.7%65.3%35.2%38.0%
Put IV 25d36.5%13.3%69.2%36.8%41.6%
Bid-Ask Spread %170.16155.26177.01177.01170.30
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
2022-01-03$46.01$0.0028.5%8.2%14.8%10.3%0.0%1.6%-6.7%0000.00177.01N/AN/A0000
2022-01-04$46.08$0.0029.0%8.3%14.4%10.6%0.0%2.4%-8.5%0000.00163.90N/AN/A0000
2022-01-05$45.74$0.0030.6%8.8%10.2%11.6%0.0%1.8%-9.2%0000.00174.71N/AN/A0000
2022-01-06$45.20$0.0031.8%6.4%11.1%12.4%0.0%2.3%-4.4%0000.00169.63N/AN/A0000
2022-01-07$45.05$0.0017.8%3.5%10.9%3.7%0.0%0.7%-1.2%0000.00155.26N/AN/A0000
2022-01-10$44.41$0.0038.7%6.9%12.0%16.6%0.0%2.5%-5.3%0000.00171.05N/AN/A0000
2022-01-11$44.75$0.0036.6%6.4%12.3%15.3%0.0%2.8%-4.9%0000.00169.01N/AN/A0000
2022-01-12$45.04$0.0032.4%9.3%12.1%12.7%0.0%23.8%-10.2%0000.00174.57N/AN/A0000
2022-01-13$44.45$0.0025.0%7.2%12.3%8.2%0.0%2.8%-6.5%0000.00168.77N/AN/A0000
2022-01-14$44.22$0.0024.1%6.9%12.4%7.6%0.0%2.5%-5.0%0000.00170.18N/AN/A0000
2022-01-18$43.94$0.0026.4%7.6%12.2%9.0%0.0%3.0%-7.9%0000.00171.08N/AN/A0000
2022-01-19$44.30$0.0026.7%7.7%12.5%9.2%0.0%0.8%-12.8%0000.00168.06N/AN/A0000
2022-01-20$44.10$0.0027.8%8.0%11.5%9.9%0.0%0.8%-5.6%0000.00163.91N/AN/A0000
2022-01-21$43.30$0.0033.5%9.6%12.4%13.4%0.0%2.8%-7.0%0000.00176.30N/AN/A0000
2022-01-24$42.31$0.0030.6%8.8%14.1%11.6%0.0%4.1%-3.6%0000.00163.74N/AN/A0000
2022-01-25$42.24$0.0043.5%12.5%13.6%19.6%0.0%5.2%-10.1%0000.00176.82N/AN/A0000
2022-01-26$42.34$0.0055.7%16.0%13.6%27.1%0.0%3.9%-18.1%0000.00174.80N/AN/A0000
2022-01-27$42.63$0.0032.4%9.3%14.1%12.7%0.0%3.7%-7.8%0000.00168.96N/AN/A0000
2022-01-28$42.48$0.0039.5%11.3%14.1%17.1%0.0%3.6%-10.2%0000.00175.16N/AN/A0000
2022-01-31$43.04$0.0033.1%9.5%15.3%13.2%0.0%3.6%-8.5%0000.00170.30N/AN/A0000