IHDG Options History — December 2025

In December 2025, IHDG traded between $47.55 and $48.91. ATM implied volatility averaged 28.9%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 17.2% (HV 20d: 11.7%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2025-12-30: Largest IV spike — 97.8% change
  • 2025-12-30: Highest IV Rank — 51.2%
  • 2025-12-30: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.26$47.55$48.91$47.61$48.70
ATM IV28.9%22.8%57.1%27.7%29.0%
Expected Move7.7%6.4%16.4%7.9%8.3%
HV 20d11.7%8.2%14.4%14.4%9.0%
HV 60d12.0%11.7%12.3%12.2%11.7%
IV Rank13.5%5.4%51.2%12.0%13.8%
IV Percentile38.8%4.0%96.0%40.9%52.8%
Term Structure-5.8%-25.1%-1.9%-6.9%-9.4%
Skew 25d3.0%0.8%20.3%3.4%0.8%
Skew 10d14.0%8.0%34.2%31.8%8.8%
Call IV 25d29.4%8.6%38.0%32.9%36.8%
Put IV 25d32.4%27.8%41.2%36.3%37.6%
Bid-Ask Spread %182.69178.47198.08181.99178.47
Gamma HHI1.001.001.001.001.00
Net GEX-104-115-90-114-98
Net DEX9427271.1K1.0K764
Net VEX-8-9-7-9-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$47.61$0.0027.7%7.9%14.4%12.0%0.0%3.4%-6.9%-1141.0K-90.00181.99N/AN/A0001
2025-12-02$47.55$0.0030.0%8.6%14.4%15.1%0.0%1.5%-8.6%-1151.0K-90.00181.68N/AN/A0001
2025-12-03$47.72$0.0029.3%8.4%14.2%14.2%0.0%6.5%-8.6%-1121.0K-90.00181.29N/AN/A0001
2025-12-04$48.20$0.0030.8%6.4%14.4%16.1%0.0%2.3%-1.9%-104967-90.00184.78N/AN/A0001
2025-12-05$47.97$0.0031.3%6.4%14.0%16.8%0.0%1.5%-2.9%-1051.1K-90.00184.39N/AN/A0001
2025-12-08$48.04$0.0034.9%6.6%14.0%21.7%0.0%1.8%-2.6%-1041.0K-90.00184.70N/AN/A0001
2025-12-09$47.75$0.0035.9%6.7%13.6%23.0%0.0%1.8%-2.3%-1081.1K-90.00184.60N/AN/A0001
2025-12-10$48.09$0.0022.8%6.5%13.5%5.4%0.0%20.3%-2.5%-106979-80.00183.98N/AN/A0001
2025-12-11$48.41$0.0023.0%6.6%13.4%5.7%0.0%2.3%-2.9%-102917-80.00183.71N/AN/A0001
2025-12-12$48.14$0.0022.8%6.5%12.6%5.4%0.0%1.3%-3.0%-107959-80.00181.58N/AN/A0001
2025-12-15$48.39$0.0024.2%6.9%12.6%7.3%0.0%1.8%-3.6%-104908-80.00182.31N/AN/A0001
2025-12-16$48.23$0.0024.4%7.0%11.7%7.6%0.0%2.3%-3.3%-106940-80.00183.43N/AN/A0001
2025-12-17$47.95$0.0024.7%7.1%11.3%7.9%0.0%1.6%-4.7%-1091.0K-90.00182.52N/AN/A0001
2025-12-18$48.32$0.0024.9%7.2%11.4%8.3%0.0%1.9%-4.1%-105926-80.00182.50N/AN/A0001
2025-12-19$48.63$0.0025.7%7.4%9.9%9.4%0.0%2.6%-4.3%-100893-80.00181.15N/AN/A0001
2025-12-22$48.61$0.0027.0%7.7%8.9%11.0%0.0%2.2%-5.4%-101899-80.00180.30N/AN/A0001
2025-12-23$48.64$0.0026.8%7.7%8.8%10.8%0.0%1.7%-6.2%-101883-80.00179.28N/AN/A0001
2025-12-24$48.55$0.0027.5%7.9%8.6%11.8%0.0%1.7%-5.8%-102907-80.00179.63N/AN/A0001
2025-12-26$48.91$0.0026.1%7.5%8.2%9.9%0.0%1.5%-6.0%-94727-70.00179.32N/AN/A0001
2025-12-29$48.55$0.0028.9%8.3%8.8%13.5%0.0%1.1%-7.8%-100785-70.00179.45N/AN/A0001
2025-12-30$48.87$0.0057.1%16.4%8.9%51.2%0.0%3.2%-25.1%-90965-80.00198.08N/AN/A0001
2025-12-31$48.70$0.0029.0%8.3%9.0%13.8%0.0%0.8%-9.4%-98764-70.00178.47N/AN/A0001