IHF Options History — January 2018

In January 2018, IHF traded between $31.61 and $34.40. ATM implied volatility averaged 10.4%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded below realized volatility by 0.0% (HV 20d: 10.4%). Max pain ranged from $31.00 to $33.60. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.65.

Notable Days

  • 2018-01-30: Highest Volume — 5,145 contracts
  • 2018-01-16: Largest IV spike — 17.6% change
  • 2018-01-30: Highest IV Rank — 86.2%
  • 2018-01-30: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.98$31.61$34.40$31.61$33.54
Max Pain$31.97$31.00$33.60$31.00$33.60
ATM IV10.4%8.7%14.5%8.7%14.2%
Expected Move3.0%2.5%4.2%2.5%4.1%
HV 20d10.4%8.0%14.0%8.9%14.0%
HV 60d12.7%11.8%13.6%13.6%12.5%
IV Rank37.7%17.0%86.2%17.2%83.0%
IV Percentile43.5%5.2%99.6%5.6%99.2%
Term Structure0.9%-1.5%2.2%1.7%-0.8%
VWIV12.6%9.5%16.4%10.7%13.5%
Skew 25d1.9%0.6%4.7%2.1%4.7%
Skew 10d5.0%3.6%7.7%5.0%7.7%
Call IV 25d10.1%8.8%13.1%8.8%12.5%
Put IV 25d12.0%9.5%17.2%10.9%17.2%
Bid-Ask Spread %66.9753.2583.2458.3075.51
Gamma HHI0.230.130.310.270.27
Net GEX-62.4K-217.7K248.9K50.7K248.9K
Net DEX-1.4M-2.4M-112.3K-1.2M-1.9M
Net VEX-12.4K-26.4K-5.3K-6.2K-26.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.650.742.870.850.74
Total Volume2,604.7629455,1459454,970
Total OI2,693.0951,3355,9501,3355,950

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-01-02$31.61$31.008.7%2.5%8.9%17.2%10.7%2.1%1.7%50.7K-1.2M-6.2K0.8558.30N/AN/A510435755580
2018-01-03$31.69$31.008.7%2.5%8.3%17.0%9.5%0.6%1.1%50.7K-1.3M-6.1K0.8572.07N/AN/A510435760580
2018-01-04$31.86$31.009.0%2.8%8.0%20.3%13.8%1.4%2.0%40.8K-1.5M-5.7K0.8557.68N/AN/A510435760580
2018-01-05$32.26$31.0010.5%2.9%8.8%38.3%14.7%0.8%1.6%30.2K-1.6M-5.3K2.8661.85N/AN/A5101,460760585
2018-01-08$31.86$31.0010.2%2.9%10.2%35.6%14.7%2.3%1.8%-203.3K-112.3K-12.6K2.8764.66N/AN/A5101,4657601,610
2018-01-09$32.15$31.009.1%2.6%10.3%22.5%15.4%1.9%1.8%-215.0K-535.4K-11.6K2.8756.11N/AN/A5101,4657601,615
2018-01-10$31.99$31.009.5%2.7%10.5%26.5%15.1%2.5%1.9%-217.7K-278.1K-12.1K2.2253.25N/AN/A6601,4657601,615
2018-01-11$32.47$31.0010.0%2.9%11.5%32.1%15.5%1.0%1.6%-138.8K-1.2M-11.8K2.2260.64N/AN/A6601,4659101,615
2018-01-12$32.77$31.009.0%2.6%11.8%20.6%16.4%1.5%2.1%-116.8K-1.4M-11.3K2.3972.97N/AN/A6601,5759101,615
2018-01-16$32.88$31.0010.6%3.0%10.2%39.4%10.8%1.1%1.1%-105.0K-1.5M-11.6K1.4373.97N/AN/A1,1051,5759101,725
2018-01-17$33.22$31.009.7%2.8%10.2%29.4%10.9%1.6%2.2%-46.2K-1.9M-13.5K1.5271.18N/AN/A1,1051,6851,1101,725
2018-01-18$33.25$31.0010.7%3.1%10.3%40.6%10.9%2.2%0.2%-64.3K-1.7M-14.4K1.5783.24N/AN/A1,1051,7351,1101,835
2018-01-19$33.50$31.009.9%2.8%10.4%31.3%9.5%1.1%1.7%-57.4K-1.9M-13.7K1.6777.88N/AN/A1,1051,8451,1101,885
2018-01-22$33.72$33.2010.2%2.9%10.3%34.5%9.8%0.9%0.1%-106.5K-1.4M-13.2K1.5776.85N/AN/A1,0351,6209401,770
2018-01-23$33.75$33.609.6%2.7%10.3%27.8%10.9%2.4%0.6%-147.5K-1.3M-13.2K1.6561.50N/AN/A1,0851,7859401,880
2018-01-24$33.81$33.6010.5%3.0%10.2%38.4%11.2%2.4%0.2%-133.4K-1.3M-13.7K1.3760.89N/AN/A1,3051,7859901,935
2018-01-25$33.92$33.6010.0%2.9%10.2%32.9%11.2%2.1%0.7%-57.0K-1.9M-14.7K1.4363.98N/AN/A1,2451,7851,2101,935
2018-01-26$34.34$33.6011.4%3.3%10.5%48.9%12.3%1.6%-0.2%-30.1K-2.4M-13.7K1.5867.82N/AN/A1,2051,9051,2601,935
2018-01-29$34.40$33.6013.1%3.8%10.5%69.4%13.3%1.1%-1.5%-76.6K-2.3M-14.0K1.3473.20N/AN/A1,4251,9051,2702,055
2018-01-30$33.64$33.6014.5%4.2%13.8%86.2%14.3%3.3%-1.3%-15.8K-1.6M-16.4K0.8262.84N/AN/A2,8252,3201,4902,055
2018-01-31$33.54$33.6014.2%4.1%14.0%83.0%13.5%4.7%-0.8%248.9K-1.9M-26.4K0.7475.51N/AN/A2,8602,1103,1502,800