IHF Options History — February 2015

In February 2015, IHF traded between $23.82 and $25.45. ATM implied volatility averaged 17.9%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 1.0% (HV 20d: 16.9%). Max pain ranged from $21.00 to $24.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.35.

Notable Days

  • 2015-02-09: Highest Volume — 1,170 contracts
  • 2015-02-10: Largest IV spike — 109.0% change
  • 2015-02-10: Highest IV Rank — 37.9%
  • 2015-02-04: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.71$23.82$25.45$23.82$25.45
Max Pain$23.50$21.00$24.00$21.00$24.00
ATM IV17.9%11.5%29.1%24.1%11.9%
Expected Move4.7%3.3%8.3%6.9%3.4%
HV 20d16.9%14.1%20.5%20.5%14.1%
HV 60d16.4%15.9%17.0%16.9%16.3%
IV Rank16.1%3.7%37.9%28.1%4.5%
IV Percentile28.7%0.4%86.1%71.0%1.6%
Term Structure-1.7%-11.3%2.2%-2.9%0.8%
VWIV15.6%10.4%25.6%25.6%12.6%
Skew 25d3.1%1.0%7.1%5.0%2.1%
Skew 10d4.7%-0.3%11.4%11.4%2.4%
Call IV 25d17.1%10.7%26.2%25.4%11.4%
Put IV 25d20.2%12.9%33.3%30.4%13.5%
Bid-Ask Spread %85.2940.43134.76134.7681.35
Gamma HHI0.420.210.730.530.21
Net GEX78.5K16.3K221.4K110.1K16.9K
Net DEX-1.4M-2.2M-912.0K-1.1M-990.8K
Net VEX-2.6K-3.1K-2.1K-2.7K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.000.710.150.53
Total Volume737.10501,1700460
Total OI1,076.5796951,3301,055740

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$23.82$21.0024.1%6.9%20.5%28.1%0.0%5.0%-2.9%110.1K-1.1M-2.7K0.00134.76N/AN/A00875180
2015-02-03$24.08$21.0027.8%8.0%19.9%35.4%25.6%7.1%-9.7%108.4K-1.2M-2.5K0.15125.10N/AN/A845125875180
2015-02-04$24.18$21.0029.1%8.3%19.7%37.9%23.0%3.3%-11.3%110.5K-1.3M-2.5K0.15128.24N/AN/A845125875180
2015-02-05$24.36$0.0028.4%5.2%19.2%36.5%19.6%5.5%-6.6%106.4K-1.4M-2.5K0.14104.23N/AN/A895125875180
2015-02-06$24.16$24.0027.8%5.2%16.6%35.3%14.1%2.3%1.1%111.0K-1.4M-2.6K0.25121.87N/AN/A895225925180
2015-02-09$23.94$24.0013.9%3.8%16.8%8.4%15.7%1.8%1.0%221.4K-1.2M-3.1K0.3185.37N/AN/A895275925280
2015-02-10$24.43$24.0029.1%5.2%17.1%37.9%14.6%2.5%-6.6%129.1K-1.3M-3.0K0.31125.70N/AN/A895275925330
2015-02-11$24.73$24.0018.2%5.2%17.5%16.8%14.8%4.6%-9.9%112.2K-1.5M-2.8K0.37115.68N/AN/A745275925330
2015-02-12$24.73$24.0014.1%4.0%17.5%8.8%17.4%2.8%1.4%117.0K-1.9M-2.7K0.3740.43N/AN/A745275975330
2015-02-13$24.68$24.0014.2%4.1%17.5%9.0%15.4%3.4%0.9%121.2K-1.9M-2.8K0.3741.78N/AN/A745275975330
2015-02-17$24.76$24.0013.7%3.9%17.0%8.0%15.6%2.2%1.3%90.9K-1.9M-2.5K0.3751.49N/AN/A745275975330
2015-02-18$24.79$24.0013.7%3.9%16.7%7.9%15.8%3.0%1.3%16.3K-2.0M-2.3K0.3751.72N/AN/A745275975330
2015-02-19$24.79$24.0013.2%3.8%16.1%7.0%0.0%2.6%1.7%20.7K-2.0M-2.1K0.0053.66N/AN/A750975280
2015-02-20$25.04$24.0012.1%3.5%15.1%4.8%0.0%2.5%2.2%25.2K-2.2M-2.5K0.0055.80N/AN/A501,050280
2015-02-23$25.44$24.0013.2%3.8%15.3%7.0%11.8%1.0%0.7%16.5K-912.0K-2.4K0.7170.06N/AN/A280200495200
2015-02-24$25.33$24.0012.0%3.4%15.5%4.6%10.7%1.4%0.5%18.2K-941.2K-2.3K0.6777.31N/AN/A300200510200
2015-02-25$25.31$24.0011.6%3.3%15.2%3.8%10.4%2.2%1.1%20.8K-960.1K-2.5K0.6876.08N/AN/A300205530200
2015-02-26$25.40$24.0011.5%3.3%14.2%3.7%11.6%2.6%1.4%18.6K-980.1K-2.4K0.5379.89N/AN/A300160530205
2015-02-27$25.45$24.0011.9%3.4%14.1%4.5%12.6%2.1%0.8%16.9K-990.8K-2.4K0.5381.35N/AN/A300160530210