IHF Options History — February 2014

In February 2014, IHF traded between $18.13 and $19.23. ATM implied volatility averaged 15.5%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 0.7% (HV 20d: 14.8%). Max pain ranged from $17.60 to $18.60. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.18.

Notable Days

  • 2014-02-20: Highest Volume — 575 contracts
  • 2014-02-07: Largest IV drop — 15.8% change
  • 2014-02-03: Highest IV Rank — 27.7%
  • 2014-02-03: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.60$18.13$19.23$18.18$19.23
Max Pain$18.12$17.60$18.60$17.60$18.60
ATM IV15.5%12.7%20.8%20.8%15.2%
Expected Move4.5%3.8%6.0%6.0%4.4%
HV 20d14.8%13.2%16.2%15.6%15.5%
HV 60d13.5%13.0%14.2%13.6%14.2%
IV Rank21.8%13.6%27.7%27.7%24.4%
IV Percentile60.9%15.9%98.4%98.4%67.9%
Term Structure0.5%-1.1%3.2%-1.0%-1.1%
VWIV16.5%12.9%21.6%20.1%12.9%
Skew 25d1.9%-5.2%4.2%4.2%-5.2%
Skew 10d4.0%-4.3%8.2%8.1%2.3%
Call IV 25d15.0%13.4%19.7%19.7%14.6%
Put IV 25d16.9%9.4%24.0%24.0%9.4%
Bid-Ask Spread %35.0220.2281.5038.4081.50
Gamma HHI0.290.210.570.280.23
Net GEX177.3K30.7K298.7K161.2K38.2K
Net DEX-1.5M-2.8M-343.2K-1.3M-454.2K
Net VEX-2.7K-3.6K-1.4K-3.6K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.008.001.258.00
Total Volume70057522545
Total OI1,9007402,5052,115745

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$18.18$17.6020.8%6.0%15.6%27.7%20.1%4.2%-1.0%161.2K-1.3M-3.6K1.2538.40N/AN/A1001251,575540
2014-02-04$18.13$17.6018.4%5.3%15.3%21.8%17.8%3.4%0.0%185.8K-1.2M-3.6K0.5637.80N/AN/A45251,625615
2014-02-05$18.18$17.6019.6%5.6%13.7%24.7%21.6%3.4%-0.4%192.8K-1.4M-3.6K0.0046.52N/AN/A0551,660590
2014-02-06$18.31$17.6017.7%5.1%14.0%20.0%0.0%3.3%-0.1%211.0K-1.5M-3.5K7.0041.41N/AN/A10701,660605
2014-02-07$18.16$18.2014.9%4.6%13.4%23.0%0.0%1.4%0.7%251.0K-1.4M-3.2K0.0022.75N/AN/A501,670580
2014-02-10$18.19$18.2014.8%4.3%13.5%22.4%14.4%1.3%0.9%277.0K-1.4M-2.9K0.0030.21N/AN/A3001,675580
2014-02-11$18.32$18.2012.7%4.1%13.7%13.6%14.5%1.9%1.4%286.7K-1.7M-2.7K0.8326.28N/AN/A60501,695580
2014-02-12$18.23$18.2014.1%4.3%13.2%19.4%0.0%2.2%1.2%298.7K-1.5M-2.8K0.0023.98N/AN/A001,755630
2014-02-13$18.49$18.2014.9%4.3%14.3%22.9%0.0%2.6%0.9%289.1K-2.1M-2.5K0.0020.22N/AN/A501,755630
2014-02-14$18.73$18.2014.2%4.1%15.0%19.9%0.0%2.5%0.8%210.3K-2.5M-2.1K0.0027.23N/AN/A501,755630
2014-02-18$18.81$18.2014.9%4.3%15.1%23.1%14.6%1.5%0.5%152.2K-2.7M-1.6K0.0030.36N/AN/A6501,735630
2014-02-19$18.71$18.2014.9%4.3%15.2%23.0%0.0%2.6%0.6%227.0K-2.5M-1.6K0.0024.82N/AN/A2001,720630
2014-02-20$18.82$18.2014.6%4.2%15.4%21.7%0.0%2.1%0.4%247.6K-2.8M-1.4K0.0035.25N/AN/A57501,710630
2014-02-21$18.79$18.2013.2%3.8%15.3%15.8%0.0%-2.8%3.2%209.8K-2.8M-2.7K0.0057.28N/AN/A2501,875630
2014-02-24$19.16$18.2014.3%4.1%15.2%20.2%0.0%1.6%0.9%33.4K-436.2K-2.6K0.0031.90N/AN/A00500250
2014-02-25$18.91$18.2014.8%4.2%16.1%22.5%0.0%3.5%0.3%30.7K-343.2K-2.6K0.0029.27N/AN/A00500250
2014-02-26$19.04$18.2015.0%4.3%16.2%23.4%17.5%4.1%-0.0%33.2K-379.8K-2.5K0.0030.13N/AN/A100500250
2014-02-27$19.08$18.6015.1%4.3%15.9%23.9%14.9%3.0%0.2%33.5K-379.5K-2.5K0.0030.08N/AN/A50490250
2014-02-28$19.23$18.6015.2%4.4%15.5%24.4%12.9%-5.2%-1.1%38.2K-454.2K-2.4K8.0081.50N/AN/A540495250