IHF Options History — December 2018

In December 2018, IHF traded between $32.53 and $40.36. ATM implied volatility averaged 22.7%, placing in the 73.1% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 2.9% (HV 20d: 25.7%). Max pain ranged from $35.40 to $39.60. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.38.

Notable Days

  • 2018-12-24: Highest Volume — 1,600 contracts
  • 2018-12-04: Largest IV spike — 26.8% change
  • 2018-12-24: Highest IV Rank — 100.0%
  • 2018-12-24: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.02$32.53$40.36$40.36$33.00
Max Pain$37.78$35.40$39.60$39.60$35.40
ATM IV22.7%14.3%31.2%14.3%24.5%
Expected Move6.4%4.1%8.9%4.1%7.0%
HV 20d25.7%21.7%30.8%23.1%29.2%
HV 60d21.5%18.4%25.3%18.4%25.3%
IV Rank73.1%35.5%100.0%35.5%72.2%
IV Percentile94.0%67.5%100.0%67.5%96.4%
Term Structure-0.9%-2.7%1.5%-0.3%-0.8%
VWIV19.8%15.0%27.6%15.0%25.1%
Skew 25d4.6%1.6%7.3%4.9%5.4%
Skew 10d7.3%-1.2%16.7%5.6%5.8%
Call IV 25d19.7%11.9%28.7%11.9%21.0%
Put IV 25d24.3%16.7%33.9%16.7%26.4%
Bid-Ask Spread %72.4450.9092.7682.3189.61
Gamma HHI0.100.090.140.130.09
Net GEX79.1K19.2K167.0K92.7K39.2K
Net DEX284.5K-3.9M3.1M-3.9M2.3M
Net VEX-14.6K-19.6K-7.3K-16.8K-8.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.002.460.040.06
Total Volume487.5201,60025595
Total OI3,222.252,6853,8652,6853,180

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$40.36$39.6014.3%4.1%23.1%35.5%15.0%4.9%-0.3%92.7K-3.9M-16.8K0.0482.31N/AN/A245101,6751,010
2018-12-04$39.42$39.6018.1%5.2%24.9%54.6%17.8%3.8%-2.0%167.0K-3.2M-19.4K0.1673.14N/AN/A285451,9201,020
2018-12-05$39.38$39.6019.3%5.5%24.7%60.5%18.6%3.4%-2.2%165.4K-3.1M-19.3K0.1673.31N/AN/A285451,9201,020
2018-12-06$38.59$39.0019.8%5.0%21.7%63.0%16.2%4.0%-0.5%135.1K-1.9M-19.6K0.0055.64N/AN/A4001,9601,035
2018-12-07$38.05$39.0021.0%5.3%22.1%69.0%18.0%4.9%-0.3%112.8K-1.3M-19.2K0.5050.90N/AN/A3101551,9651,045
2018-12-10$37.45$39.0022.1%5.5%22.6%74.1%17.2%5.7%0.4%79.7K-286.4K-18.3K0.0050.99N/AN/A2001,9851,110
2018-12-11$37.60$39.0020.6%5.5%22.6%66.8%16.1%3.9%-0.4%84.4K-504.7K-18.5K0.0053.42N/AN/A4502,0051,110
2018-12-12$38.05$39.0017.8%5.1%22.4%53.0%15.2%5.0%0.3%99.0K-1.0M-18.8K0.0954.41N/AN/A5552,0101,110
2018-12-13$37.93$39.0017.6%5.1%22.3%52.0%17.2%4.3%1.5%79.5K-727.0K-18.4K0.0856.45N/AN/A300251,9951,135
2018-12-14$36.46$39.0020.9%6.0%26.1%68.4%16.8%4.3%0.1%82.4K580.2K-18.0K0.0967.78N/AN/A350302,2551,130
2018-12-17$35.29$39.0023.8%6.8%27.9%82.9%23.7%1.6%-1.2%74.1K1.5M-14.9K0.0874.01N/AN/A185152,3051,125
2018-12-18$35.01$38.6023.1%6.6%26.8%79.3%22.2%6.9%-0.6%99.1K1.3M-13.6K0.2569.46N/AN/A220552,4451,015
2018-12-19$34.44$36.0024.6%7.1%27.0%86.7%21.8%7.3%-2.1%89.1K1.7M-11.1K1.5088.35N/AN/A2603902,480975
2018-12-20$33.49$36.0025.4%7.3%28.0%90.9%18.2%3.9%-1.1%43.6K2.5M-10.1K2.4685.21N/AN/A2957252,5101,145
2018-12-21$33.05$36.0026.5%7.6%27.6%96.0%18.0%1.6%-2.3%19.2K3.1M-8.9K1.2586.05N/AN/A5857302,5451,320
2018-12-24$32.53$36.0031.2%8.9%26.6%100.0%22.3%5.2%-2.2%25.9K2.2M-8.8K0.8679.65N/AN/A8607402,0951,090
2018-12-26$33.75$36.0028.5%8.2%30.8%88.9%26.2%7.2%-2.7%28.9K2.0M-11.0K0.0082.47N/AN/A74002,0951,155
2018-12-27$33.77$35.4029.3%8.4%27.9%92.0%27.6%7.2%-1.9%36.7K1.8M-12.4K0.0082.86N/AN/A78002,1051,155
2018-12-28$32.70$35.4025.6%7.3%28.5%76.6%22.7%1.6%-0.2%27.9K2.6M-7.3K0.0492.76N/AN/A795302,1351,155
2018-12-31$33.00$35.4024.5%7.0%29.2%72.2%25.1%5.4%-0.8%39.2K2.3M-8.3K0.0689.61N/AN/A9052,0801,100