IHF Options History — July 2018

In July 2018, IHF traded between $35.28 and $36.99. ATM implied volatility averaged 11.0%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 0.3% (HV 20d: 10.7%). Max pain ranged from $32.60 to $36.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2018-07-17: Highest Volume — 2,600 contracts
  • 2018-07-09: Largest IV drop — 17.4% change
  • 2018-07-02: Highest IV Rank — 33.3%
  • 2018-07-02: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.38$35.28$36.99$35.28$36.52
Max Pain$32.92$32.60$36.00$36.00$32.60
ATM IV11.0%9.3%14.0%14.0%10.8%
Expected Move3.2%2.7%4.0%4.0%3.1%
HV 20d10.7%9.8%11.4%11.2%10.8%
HV 60d11.1%10.6%11.8%11.7%11.3%
IV Rank16.8%7.4%33.3%33.3%15.6%
IV Percentile44.0%11.1%77.8%77.8%43.3%
Term Structure1.4%-0.6%3.1%-0.6%0.5%
VWIV11.6%10.1%13.8%12.7%11.0%
Skew 25d2.8%-0.6%5.1%4.4%1.8%
Skew 10d5.0%-2.0%9.4%6.5%2.3%
Call IV 25d10.1%8.6%12.0%12.0%10.1%
Put IV 25d12.9%10.6%16.4%16.4%11.9%
Bid-Ask Spread %85.0363.34100.0876.26100.08
Gamma HHI0.160.120.220.130.20
Net GEX198.5K21.9K385.3K70.6K385.3K
Net DEX-6.0M-7.5M-3.7M-3.7M-6.7M
Net VEX-11.5K-14.3K-9.5K-14.3K-10.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.311.101.100.41
Total Volume2,053.0951,4802,6002,2601,530
Total OI2,985.7142,7503,3502,7503,030

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$35.28$36.0014.0%4.0%11.2%33.3%12.7%4.4%-0.6%70.6K-3.7M-14.3K1.1076.26N/AN/A1,0751,1852,015735
2018-07-03$35.53$36.0013.2%3.8%11.2%29.0%13.8%4.5%-0.3%59.5K-4.1M-13.7K1.1071.49N/AN/A1,0751,1852,015735
2018-07-05$35.80$32.6012.7%3.8%11.1%26.1%13.5%5.1%1.1%49.0K-4.4M-13.4K1.0963.34N/AN/A1,0901,1852,015735
2018-07-06$36.04$32.6011.2%3.5%11.2%18.1%13.5%4.2%1.4%27.2K-4.8M-12.7K0.8767.30N/AN/A1,0909452,030735
2018-07-09$36.38$32.609.3%3.3%11.4%7.4%13.0%3.4%1.7%21.9K-5.4M-11.3K0.8767.30N/AN/A1,0909452,030735
2018-07-10$36.49$32.6010.3%3.1%10.5%12.8%13.2%4.3%2.2%24.2K-5.6M-11.1K0.8671.75N/AN/A1,0959452,030735
2018-07-11$36.44$32.6011.1%3.2%10.6%17.6%12.5%3.9%1.8%26.6K-5.5M-11.1K0.8673.31N/AN/A1,0959452,035735
2018-07-12$36.64$32.6011.0%3.1%10.3%16.7%11.0%2.2%1.9%31.8K-5.7M-10.4K0.5981.38N/AN/A1,5909452,035735
2018-07-13$36.80$32.6010.0%2.9%10.3%11.5%10.4%2.9%2.5%287.9K-6.9M-12.3K0.6082.82N/AN/A1,5909552,535735
2018-07-16$36.61$32.6010.6%3.0%10.5%14.5%10.7%3.1%3.1%261.7K-6.6M-12.4K0.6180.06N/AN/A1,5909752,535745
2018-07-17$36.45$32.6010.9%3.1%10.5%16.5%10.1%3.6%2.2%239.2K-6.2M-12.2K0.6088.75N/AN/A1,6259752,535760
2018-07-18$36.51$32.6010.8%3.1%10.4%15.6%10.8%2.5%2.1%236.5K-6.6M-12.0K0.7192.25N/AN/A1,3809752,585760
2018-07-19$36.47$32.6010.8%3.1%10.0%15.9%10.2%3.2%2.3%197.8K-6.6M-11.7K0.7191.45N/AN/A1,3809752,590760
2018-07-20$36.38$32.6011.1%3.2%9.8%17.5%10.6%2.3%1.8%201.3K-6.5M-11.4K0.7193.43N/AN/A1,3809752,590760
2018-07-23$36.73$32.6011.0%3.1%10.2%16.6%11.6%2.1%0.2%334.2K-6.9M-10.8K0.3195.58N/AN/A1,2804002,485435
2018-07-24$36.25$32.6010.8%3.1%10.8%15.6%10.7%-0.6%1.3%287.9K-6.2M-10.7K0.3196.52N/AN/A1,2804002,490435
2018-07-25$36.58$32.609.3%2.7%11.1%7.7%10.5%3.1%1.0%352.9K-6.6M-10.4K0.3797.76N/AN/A1,0804002,490435
2018-07-26$36.99$32.6010.2%2.9%11.1%12.3%11.7%1.6%0.7%370.0K-7.5M-9.5K0.3798.18N/AN/A1,0804002,540435
2018-07-27$36.68$32.6010.7%3.1%10.4%15.2%11.1%0.8%1.1%354.1K-7.0M-10.2K0.3797.79N/AN/A1,0804002,540435
2018-07-30$36.46$32.6011.1%3.2%10.8%17.5%11.5%1.4%0.8%349.7K-6.7M-10.0K0.4198.77N/AN/A1,0854452,540435
2018-07-31$36.52$32.6010.8%3.1%10.8%15.6%11.0%1.8%0.5%385.3K-6.7M-10.1K0.41100.08N/AN/A1,0854452,550480