IHDG Options History — February 2026

In February 2026, IHDG traded between $50.17 and $52.10. ATM implied volatility averaged 26.7%, placing in the 10.6% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 12.8% (HV 20d: 13.8%). Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-05: Highest Volume — 2 contracts
  • 2026-02-11: Largest IV drop — 35.6% change
  • 2026-02-10: Highest IV Rank — 21.9%
  • 2026-02-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.25$50.17$52.10$50.64$51.84
ATM IV26.7%22.5%35.1%27.4%25.7%
Expected Move7.0%6.1%8.3%7.9%7.4%
HV 20d13.8%12.4%15.8%13.0%12.8%
HV 60d12.1%11.5%12.9%12.2%11.5%
IV Rank10.6%5.1%21.9%11.6%9.3%
IV Percentile33.1%4.0%79.4%43.3%25.4%
Term Structure-4.9%-7.8%-3.0%-6.4%-5.0%
Skew 25d14.6%1.0%20.4%2.2%15.7%
Skew 10d22.8%2.6%29.4%8.8%29.4%
Call IV 25d15.5%8.0%35.2%33.5%17.0%
Put IV 25d30.1%26.1%36.2%35.7%32.6%
Bid-Ask Spread %180.67160.31186.91163.12181.32
Gamma HHI0.850.731.001.000.86
Net GEX188-76390-76253
Net DEX-5.1K-8.0K691691-6.8K
Net VEX-23-31-4-6-27
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1580200
Total OI2.5791313

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$50.64$0.0027.4%7.9%13.0%11.6%0.0%2.2%-6.4%-76691-60.00163.12N/AN/A0001
2026-02-03$50.30$0.0028.9%8.3%13.1%13.5%0.0%1.2%-6.6%-76503-50.00161.85N/AN/A0001
2026-02-04$50.92$0.0028.5%8.2%13.5%13.0%0.0%1.0%-7.8%-69464-40.00160.31N/AN/A0001
2026-02-05$50.17$0.0031.4%6.6%14.6%17.0%0.0%11.5%-4.1%-73416-40.00186.71N/AN/A2001
2026-02-06$51.05$0.0029.5%6.1%15.8%14.3%0.0%17.9%-3.0%230-6.2K-310.00186.91N/AN/A0021
2026-02-09$51.25$0.0032.8%6.2%15.2%18.7%0.0%17.7%-3.1%252-6.4K-290.00186.10N/AN/A0021
2026-02-10$51.23$0.0035.1%6.5%15.1%21.9%0.0%18.9%-4.3%232-6.4K-290.00186.62N/AN/A0021
2026-02-11$51.37$0.0022.6%6.5%15.1%5.2%0.0%18.5%-4.8%234-6.4K-290.00185.87N/AN/A0021
2026-02-12$50.92$0.0022.5%6.5%15.3%5.1%0.0%18.3%-4.2%232-6.1K-300.00185.83N/AN/A0021
2026-02-13$50.77$0.0023.3%6.7%15.2%6.1%0.0%18.9%-4.8%238-6.0K-300.00186.77N/AN/A0021
2026-02-17$51.23$0.0023.9%6.9%15.6%7.0%0.0%19.1%-5.0%231-6.3K-290.00185.78N/AN/A0021
2026-02-18$51.62$0.0023.4%6.7%13.0%6.2%0.0%19.9%-5.2%235-6.6K-290.00183.85N/AN/A0021
2026-02-19$51.55$0.0024.7%7.1%12.4%7.9%0.0%15.8%-4.3%239-6.6K-280.00182.99N/AN/A0021
2026-02-20$51.88$0.0023.3%6.7%12.5%6.1%0.0%19.6%-3.1%390-7.8K-240.00181.07N/AN/A0021
2026-02-23$51.59$0.0025.2%7.2%12.6%8.6%0.0%12.8%-5.1%188-6.4K-280.00180.65N/AN/A0121
2026-02-24$51.44$0.0027.6%7.9%12.6%11.8%0.0%6.8%-7.5%306-6.8K-270.00181.83N/AN/A0021
2026-02-25$51.94$0.0025.7%7.4%12.9%9.3%0.0%20.4%-4.9%239-6.9K-270.00182.95N/AN/A0021
2026-02-26$52.10$0.0025.3%7.2%12.5%8.7%0.0%20.4%-4.0%374-8.0K-230.00182.23N/AN/A0021
2026-02-27$51.84$0.0025.7%7.4%12.8%9.3%0.0%15.7%-5.0%253-6.8K-270.00181.32N/AN/A0021