IHF Options History — May 2018

In May 2018, IHF traded between $32.85 and $34.77. ATM implied volatility averaged 12.6%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 1.1% (HV 20d: 11.5%). Max pain ranged from $31.60 to $33.20. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2018-05-17: Highest Volume — 3,240 contracts
  • 2018-05-29: Largest IV spike — 33.6% change
  • 2018-05-08: Highest IV Rank — 41.6%
  • 2018-05-08: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.80$32.85$34.77$32.91$34.18
Max Pain$33.05$31.60$33.20$31.60$33.20
ATM IV12.6%10.3%15.2%13.9%11.4%
Expected Move3.6%2.9%4.1%4.0%3.3%
HV 20d11.5%9.7%14.7%14.7%12.7%
HV 60d14.8%14.0%16.9%16.9%14.7%
IV Rank27.9%15.9%41.6%35.1%22.0%
IV Percentile68.8%40.1%86.1%80.6%60.3%
Term Structure0.1%-1.1%1.4%-1.1%0.1%
VWIV12.5%9.4%16.0%15.4%11.0%
Skew 25d1.7%0.0%4.5%3.3%4.5%
Skew 10d4.1%1.2%8.6%6.2%6.6%
Call IV 25d11.8%9.4%13.5%12.0%9.7%
Put IV 25d13.5%11.3%15.3%15.3%14.2%
Bid-Ask Spread %66.0736.1196.8290.8492.84
Gamma HHI0.170.120.230.160.15
Net GEX164.9K-42.3K420.7K-42.3K117.3K
Net DEX-3.6M-5.8M-1.8M-1.8M-2.8M
Net VEX-9.8K-12.2K-7.7K-7.7K-10.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.171.061.060.45
Total Volume2,365.4551,2503,2402,7951,620
Total OI2,926.3641,4503,8653,2001,730

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$32.91$31.6013.9%4.0%14.7%35.1%15.4%3.3%-1.1%-42.3K-1.8M-7.7K1.0690.84N/AN/A1,3601,4351,5651,635
2018-05-02$33.01$31.6013.9%4.0%14.0%35.2%16.0%1.4%-1.0%75.3K-3.1M-12.2K1.0496.82N/AN/A1,3801,4352,0751,635
2018-05-03$32.91$33.2014.1%3.8%14.0%36.2%12.6%2.6%1.1%28.4K-2.8M-12.0K1.0439.56N/AN/A1,3801,4352,0751,635
2018-05-04$33.18$33.2012.3%3.7%12.2%26.7%12.6%1.6%0.3%101.6K-3.4M-11.3K1.0444.13N/AN/A1,3801,4352,0801,635
2018-05-07$33.05$33.2014.1%3.9%12.3%35.8%13.0%2.1%-0.3%76.9K-3.2M-11.0K1.0441.41N/AN/A1,3801,4352,0851,635
2018-05-08$32.85$33.2015.2%4.1%12.6%41.6%13.2%2.0%-1.1%16.5K-2.7M-11.5K1.0444.01N/AN/A1,3801,4352,0901,635
2018-05-09$32.89$33.2013.2%3.8%12.1%31.3%12.0%2.2%0.1%64.6K-3.1M-10.3K1.0442.07N/AN/A1,3801,4352,0901,635
2018-05-10$33.28$33.2012.3%3.5%12.1%26.8%12.1%1.5%1.0%167.7K-3.8M-9.9K1.0436.11N/AN/A1,3801,4352,0901,635
2018-05-11$33.77$33.2013.0%3.7%12.6%30.4%13.2%0.9%-0.5%266.0K-4.5M-9.5K1.0463.53N/AN/A1,3801,4352,0901,635
2018-05-14$33.95$33.2012.4%3.6%11.1%27.3%12.7%0.3%0.5%345.7K-4.7M-9.0K0.8758.49N/AN/A1,6551,4352,0901,635
2018-05-15$33.80$33.2012.9%3.7%10.7%29.9%12.9%2.5%0.3%271.4K-4.5M-9.1K0.8749.64N/AN/A1,6551,4352,1051,635
2018-05-16$34.09$33.2011.7%3.3%10.8%23.3%13.1%1.3%1.0%377.0K-5.0M-8.7K0.8766.64N/AN/A1,6551,4352,1051,635
2018-05-17$34.32$33.2011.1%3.2%10.5%20.3%11.7%0.8%0.8%420.7K-5.3M-8.3K0.8073.07N/AN/A1,8051,4352,1051,635
2018-05-18$34.39$33.2010.8%3.1%10.0%18.4%11.5%1.0%1.4%312.5K-5.8M-9.0K0.8068.75N/AN/A1,8051,4352,2301,635
2018-05-21$34.50$33.2012.3%3.5%10.0%26.5%11.5%0.1%0.1%147.2K-3.3M-8.6K0.1771.08N/AN/A1,0651851,315135
2018-05-22$34.40$33.2012.2%3.5%10.1%26.2%10.0%0.0%-0.5%146.4K-3.2M-9.1K0.1777.31N/AN/A1,1101851,320185
2018-05-23$34.29$33.2011.9%3.4%10.0%24.5%11.9%1.0%0.3%157.2K-3.1M-9.4K0.1778.75N/AN/A1,1101851,365185
2018-05-24$34.32$33.2010.3%2.9%9.8%15.9%9.4%3.1%0.4%162.2K-3.1M-9.6K0.1778.75N/AN/A1,1101851,365185
2018-05-25$34.54$33.2010.5%3.0%9.8%17.4%11.3%1.2%1.1%154.9K-3.3M-9.3K0.1783.17N/AN/A1,1101851,365185
2018-05-29$34.29$33.2014.1%4.0%9.7%36.0%14.0%1.7%-0.6%158.3K-3.1M-9.6K0.1782.44N/AN/A1,1151901,370185
2018-05-30$34.77$33.2012.5%3.6%10.5%27.7%13.2%2.3%-0.7%102.4K-3.2M-9.5K0.4574.12N/AN/A1,1155051,375350
2018-05-31$34.18$33.2011.4%3.3%12.7%22.0%11.0%4.5%0.1%117.3K-2.8M-10.2K0.4592.84N/AN/A1,1155051,380350