IHF Options History — March 2018

In March 2018, IHF traded between $31.23 and $33.12. ATM implied volatility averaged 15.9%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 1.5% (HV 20d: 14.5%). Max pain ranged from $32.00 to $33.40. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.10.

Notable Days

  • 2018-03-06: Highest Volume — 4,470 contracts
  • 2018-03-12: Largest IV spike — 30.9% change
  • 2018-03-28: Highest IV Rank — 68.3%
  • 2018-03-28: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.29$31.23$33.12$32.01$31.58
Max Pain$32.13$32.00$33.40$33.40$32.00
ATM IV15.9%11.2%20.2%19.7%17.4%
Expected Move4.5%3.6%5.8%5.6%5.0%
HV 20d14.5%12.1%20.4%19.6%14.2%
HV 60d15.4%15.0%16.3%15.0%16.2%
IV Rank45.8%20.6%68.3%65.4%53.2%
IV Percentile92.7%68.3%98.4%98.0%95.6%
Term Structure-0.3%-2.9%1.4%-2.9%-0.7%
VWIV15.0%12.7%18.3%17.0%15.0%
Skew 25d3.2%1.4%7.2%7.2%4.5%
Skew 10d4.5%0.7%13.0%5.4%6.2%
Call IV 25d14.1%11.2%19.1%15.3%14.8%
Put IV 25d17.3%14.0%22.5%22.5%19.4%
Bid-Ask Spread %59.0139.0584.3578.3383.61
Gamma HHI0.180.130.230.130.22
Net GEX-117.5K-274.9K-12.0K-122.8K-65.5K
Net DEX269.9K-817.7K1.7M1.7M346.8K
Net VEX-15.9K-19.4K-13.8K-19.1K-13.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.731.640.731.52
Total Volume3,475.4762,2054,4704,4252,270
Total OI4,5303,0355,7355,5453,100

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$32.01$33.4019.7%5.6%19.6%65.4%17.0%7.2%-2.9%-122.8K1.7M-19.1K0.7378.33N/AN/A2,5651,8603,1652,380
2018-03-02$32.48$33.4017.3%5.0%20.4%53.0%15.0%6.2%-1.6%-139.4K988.2K-19.4K0.7484.35N/AN/A2,5651,9003,1702,395
2018-03-05$32.67$32.0015.2%4.3%19.6%41.8%15.3%3.2%0.4%-167.7K578.6K-18.4K0.7439.37N/AN/A2,5651,9003,1802,405
2018-03-06$32.72$32.0015.7%4.1%15.2%44.7%15.5%2.9%0.3%-66.1K97.6K-18.6K0.7439.36N/AN/A2,5701,9003,1802,405
2018-03-07$32.88$32.0016.3%4.3%14.5%47.6%15.1%3.4%-0.5%-79.0K-202.9K-18.4K0.7439.05N/AN/A2,5701,9003,1902,405
2018-03-08$32.76$32.0013.7%4.1%14.6%34.0%14.7%2.9%0.0%-273.7K476.4K-17.3K0.7843.70N/AN/A2,4251,9003,1902,405
2018-03-09$33.12$32.0011.2%3.6%12.1%20.6%14.0%3.0%0.7%-208.7K-751.2K-16.8K0.8055.71N/AN/A2,3851,9003,2302,405
2018-03-12$32.92$32.0014.6%3.7%12.4%38.7%14.2%3.1%0.7%-274.9K-104.8K-16.0K0.8044.89N/AN/A2,3851,9003,2302,405
2018-03-13$32.67$32.0017.0%4.0%12.8%51.3%14.1%1.6%1.4%-245.0K607.4K-15.8K0.7747.00N/AN/A2,4801,9003,2302,405
2018-03-14$32.59$32.0014.5%4.1%12.8%38.0%13.8%2.2%-0.3%-173.4K926.6K-15.6K0.7742.73N/AN/A2,4801,9003,3302,405
2018-03-15$32.72$32.0013.3%3.8%12.7%31.9%13.8%1.9%0.3%-232.2K303.5K-15.3K0.7751.87N/AN/A2,4801,9003,3302,340
2018-03-16$32.70$32.0012.7%3.6%12.7%28.6%12.7%3.9%0.9%-12.0K657.4K-14.7K0.7751.76N/AN/A2,4801,9003,3302,340
2018-03-19$32.36$32.0015.1%4.3%12.7%41.4%14.6%3.0%-0.7%-38.3K-543.7K-14.8K1.6450.32N/AN/A8351,3701,5001,535
2018-03-20$32.29$32.0015.2%4.4%12.3%42.0%14.3%3.2%0.1%-38.5K-603.1K-14.5K1.6447.97N/AN/A8351,3701,5001,535
2018-03-21$32.28$32.0013.5%3.9%12.2%32.9%12.7%2.7%0.1%-38.8K-817.7K-14.5K1.5371.84N/AN/A8951,3701,5001,535
2018-03-22$31.63$32.0017.3%5.0%14.1%52.7%16.1%1.4%-0.6%-48.4K126.2K-14.7K1.5366.87N/AN/A8951,3701,5601,535
2018-03-23$31.23$32.0018.5%5.3%14.5%59.0%16.9%1.5%-0.2%-62.4K667.9K-14.5K1.5378.81N/AN/A8951,3701,5601,535
2018-03-26$31.63$32.0017.6%5.0%15.0%54.5%14.7%4.0%-1.1%-57.5K314.3K-14.1K1.5372.06N/AN/A8951,3701,5601,535
2018-03-27$31.32$32.0018.9%5.4%15.0%61.4%18.3%2.4%-0.2%-62.9K522.1K-13.9K1.5377.98N/AN/A8951,3701,5601,535
2018-03-28$31.47$32.0020.2%5.8%14.5%68.3%16.9%3.1%-2.2%-59.8K366.7K-13.9K1.5271.73N/AN/A9001,3701,5601,535
2018-03-29$31.58$32.0017.4%5.0%14.2%53.2%15.0%4.5%-0.7%-65.5K346.8K-13.8K1.5283.61N/AN/A9001,3701,5651,535