IHDG Options History — April 2026

In April 2026, IHDG traded between $48.77 and $48.80. ATM implied volatility averaged 40.3%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 18.4% (HV 20d: 21.9%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 0 of 2 days.

Notable Days

  • 2026-04-02: Largest IV spike — 1.0% change
  • 2026-04-02: Highest IV Rank — 29.1%
  • 2026-04-02: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.78$48.77$48.80$48.80$48.77
Max Pain$44.00$44.00$44.00$44.00$44.00
ATM IV40.3%40.1%40.5%40.1%40.5%
Expected Move11.6%11.5%11.6%11.5%11.6%
HV 20d21.9%21.4%22.3%22.3%21.4%
HV 60d17.8%17.7%17.8%17.8%17.7%
IV Rank28.8%28.6%29.1%28.6%29.1%
IV Percentile88.9%88.5%89.3%88.5%89.3%
Term Structure-7.5%-11.5%-3.5%-11.5%-3.5%
Skew 25d2.8%2.5%3.0%2.5%3.0%
Skew 10d4.0%3.0%4.9%3.0%4.9%
Call IV 25d33.8%27.8%39.9%39.9%27.8%
Put IV 25d36.6%30.8%42.4%42.4%30.8%
Bid-Ask Spread %103.2390.19116.2790.19116.27
Gamma HHI0.590.590.590.590.59
Net GEX148145150145150
Net DEX-4.3K-4.3K-4.3K-4.3K-4.3K
Net VEX-28-28-28-28-28
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$48.80$0.0040.1%11.5%22.3%28.6%0.0%2.5%-11.5%145-4.3K-280.0090.19N/AN/A0021
2026-04-02$48.77$44.0040.5%11.6%21.4%29.1%0.0%3.0%-3.5%150-4.3K-280.00116.27N/AN/A0021