IHF Options History — November 2018

In November 2018, IHF traded between $37.46 and $40.25. ATM implied volatility averaged 17.7%, placing in the 52.2% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded below realized volatility by 4.5% (HV 20d: 22.1%). Max pain ranged from $36.60 to $39.60. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2018-11-13: Highest Volume — 4,020 contracts
  • 2018-11-12: Largest IV spike — 49.9% change
  • 2018-11-13: Highest IV Rank — 73.1%
  • 2018-11-02: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.93$37.46$40.25$38.36$40.02
Max Pain$38.58$36.60$39.60$39.40$39.60
ATM IV17.7%13.6%21.9%18.8%14.7%
Expected Move4.8%4.0%5.8%5.4%4.2%
HV 20d22.1%20.3%23.9%20.4%23.0%
HV 60d16.0%13.4%18.4%13.5%18.3%
IV Rank52.2%32.0%73.1%57.8%37.4%
IV Percentile85.2%64.7%96.8%92.9%71.4%
Term Structure-0.8%-2.7%0.3%-1.4%-0.6%
VWIV15.5%13.5%18.7%14.2%16.1%
Skew 25d5.0%3.1%7.5%5.2%4.3%
Skew 10d7.1%4.0%10.5%9.3%9.5%
Call IV 25d14.1%11.9%17.4%14.5%13.8%
Put IV 25d19.1%15.6%23.0%19.7%18.0%
Bid-Ask Spread %68.0250.9884.4884.0571.27
Gamma HHI0.180.130.280.230.13
Net GEX-50.4K-339.3K243.3K-260.5K115.1K
Net DEX-4.0M-8.3M-1.4M-1.4M-4.3M
Net VEX-23.4K-25.4K-19.0K-23.2K-19.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.411.161.160.56
Total Volume3,3802,4554,0203,6352,905
Total OI4,308.3332,9805,4304,7152,985

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$38.36$39.4018.8%5.4%20.4%57.8%14.2%5.2%-1.4%-260.5K-1.4M-23.2K1.1684.05N/AN/A1,6801,9552,4652,250
2018-11-02$38.44$39.4020.4%5.8%20.4%65.7%17.9%6.0%-2.7%-252.8K-1.5M-23.3K1.0284.48N/AN/A1,9151,9552,4652,250
2018-11-05$38.44$36.6020.7%5.1%20.3%67.3%18.7%5.3%-1.4%-263.5K-1.8M-24.7K1.0354.04N/AN/A1,9051,9552,6852,250
2018-11-06$38.78$36.6021.4%4.8%20.5%70.9%16.3%5.8%-0.9%-333.2K-2.8M-24.6K1.0350.98N/AN/A1,9101,9752,6852,250
2018-11-07$40.25$36.6017.2%4.2%23.6%49.7%15.8%4.7%-0.9%-142.3K-7.9M-21.8K1.0068.53N/AN/A1,9751,9702,9852,220
2018-11-08$40.16$36.6013.6%4.0%22.1%32.0%13.5%3.7%0.1%-170.6K-8.3M-23.1K1.0964.38N/AN/A1,8151,9703,0852,185
2018-11-09$40.06$36.6013.9%4.1%22.0%33.6%13.7%5.2%0.0%-247.8K-7.9M-23.6K0.9965.82N/AN/A1,9851,9753,1002,185
2018-11-12$39.65$36.6020.9%4.6%22.4%68.2%15.1%6.0%-0.4%-339.3K-6.9M-24.6K0.9961.62N/AN/A2,0001,9753,1702,190
2018-11-13$38.95$36.6021.9%4.8%21.7%73.1%15.7%4.8%-0.2%-339.2K-3.8M-25.4K0.9762.23N/AN/A2,0451,9753,1752,190
2018-11-14$38.62$39.6017.4%5.0%21.9%50.8%15.7%7.5%-0.3%-286.5K-2.9M-25.1K0.9661.73N/AN/A2,0001,9303,2302,200
2018-11-15$38.64$39.6016.9%4.9%21.9%48.6%15.6%4.8%0.3%-136.1K-2.5M-24.6K0.9565.65N/AN/A2,0351,9303,2452,145
2018-11-16$38.90$39.6014.9%4.3%21.7%38.6%14.9%4.3%-0.1%-81.7K-3.1M-24.3K0.9565.04N/AN/A2,0401,9353,2752,085
2018-11-19$37.90$39.6018.6%5.3%23.6%56.7%14.9%5.1%-1.3%211.8K-2.9M-23.9K0.4162.52N/AN/A1,7407152,260795
2018-11-20$37.46$39.6019.4%5.6%23.9%60.8%15.4%3.1%-0.6%218.2K-2.3M-23.6K0.4467.39N/AN/A1,7507702,360805
2018-11-21$37.65$39.6018.1%5.2%22.7%54.2%14.6%5.1%-0.4%220.0K-2.6M-24.0K0.4468.09N/AN/A1,7557702,370860
2018-11-23$37.97$39.6017.4%5.0%22.8%51.0%15.0%5.7%-1.2%222.8K-2.9M-24.2K0.4476.13N/AN/A1,7407702,375860
2018-11-26$38.50$39.6017.3%5.0%22.2%50.3%15.1%3.7%-0.2%243.3K-3.8M-23.8K0.5066.03N/AN/A1,7558852,380860
2018-11-27$38.69$39.6016.3%4.7%22.0%45.6%14.5%5.6%-0.8%224.7K-3.8M-23.8K0.4872.73N/AN/A1,8258852,355920
2018-11-28$39.83$39.6015.7%4.5%23.2%42.6%16.2%4.0%-1.2%228.2K-5.7M-22.5K0.5878.39N/AN/A1,8651,0902,425920
2018-11-29$40.14$39.6015.7%4.5%22.9%42.2%16.2%5.4%-2.1%111.7K-4.6M-19.0K0.5877.28N/AN/A1,8651,0901,9551,025
2018-11-30$40.02$39.6014.7%4.2%23.0%37.4%16.1%4.3%-0.6%115.1K-4.3M-19.2K0.5671.27N/AN/A1,8651,0401,9601,025