IHF Options History — February 2019

In February 2019, IHF traded between $34.99 and $37.11. ATM implied volatility averaged 13.0%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded below realized volatility by 1.5% (HV 20d: 14.5%). Max pain ranged from $35.40 to $37.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 4.52.

Notable Days

  • 2019-02-26: Highest Volume — 4,875 contracts
  • 2019-02-19: Largest IV spike — 20.2% change
  • 2019-02-07: Highest IV Rank — 31.2%
  • 2019-02-07: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.15$34.99$37.11$35.96$34.99
Max Pain$35.57$35.40$37.00$35.40$37.00
ATM IV13.0%10.7%14.7%13.5%14.1%
Expected Move3.7%3.1%4.2%4.0%4.0%
HV 20d14.5%12.9%17.2%14.6%16.5%
HV 60d24.0%23.0%25.4%25.4%23.4%
IV Rank24.2%14.7%31.2%26.3%28.7%
IV Percentile41.7%21.4%57.1%42.9%55.6%
Term Structure1.0%-0.2%3.2%0.7%0.1%
VWIV13.4%10.9%16.1%14.6%13.5%
Skew 25d3.2%0.2%5.9%4.0%3.8%
Skew 10d3.6%0.5%8.7%8.7%2.7%
Call IV 25d10.8%9.1%12.6%12.6%11.0%
Put IV 25d14.0%9.7%17.4%16.6%14.8%
Bid-Ask Spread %85.5848.46104.7648.4699.26
Gamma HHI0.170.090.560.090.55
Net GEX172.3K-675.9K485.0K274.5K-675.9K
Net DEX-515.0K-3.8M12.2M-1.7M12.2M
Net VEX-11.1K-29.4K-6.9K-11.4K-28.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.520.0043.320.553.06
Total Volume450.78904,875155630
Total OI3,476.8421,7556,7053,8156,705

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$35.96$35.4013.5%4.0%14.6%26.3%14.6%4.0%0.7%274.5K-1.7M-11.4K0.5548.46N/AN/A100552,6801,135
2019-02-04$36.03$35.4012.8%3.8%13.2%23.2%0.0%3.1%1.4%299.8K-1.9M-10.7K0.0072.62N/AN/A002,6651,165
2019-02-05$36.11$35.4012.9%3.6%13.0%23.7%0.0%3.1%1.8%298.0K-2.0M-10.1K0.0073.09N/AN/A052,6651,165
2019-02-06$36.05$35.4012.9%3.7%13.0%23.9%0.0%3.7%1.0%312.5K-1.9M-10.0K0.0058.37N/AN/A002,6651,165
2019-02-07$36.12$35.4014.7%4.2%12.9%31.2%0.0%4.3%0.4%288.4K-2.0M-10.4K0.0065.84N/AN/A0102,6651,165
2019-02-08$35.46$35.4013.8%4.0%15.1%27.7%16.1%5.9%0.9%256.9K-791.8K-8.9K1.0071.05N/AN/A25252,6651,175
2019-02-11$35.44$35.4014.1%4.0%14.9%28.7%14.8%4.2%0.8%263.0K-952.2K-8.5K10.0083.16N/AN/A101002,6751,135
2019-02-12$35.95$35.4012.8%3.7%15.3%23.2%13.2%2.5%1.7%413.5K-1.9M-8.5K1.8287.08N/AN/A551002,6751,135
2019-02-13$36.27$35.4013.1%3.8%13.8%24.6%13.3%2.5%1.4%485.0K-2.8M-8.8K0.9591.68N/AN/A1051002,7201,135
2019-02-14$36.46$35.4012.4%3.6%13.7%21.8%14.1%2.9%1.6%414.4K-3.0M-8.8K1.0085.27N/AN/A1051052,6851,135
2019-02-15$37.11$35.4010.7%3.1%14.8%14.7%11.4%3.9%3.2%249.2K-3.8M-8.7K1.0492.21N/AN/A1201252,6751,140
2019-02-19$37.08$35.4012.9%3.7%14.7%23.7%0.0%0.4%0.5%179.1K-1.9M-8.5K0.0095.55N/AN/A1001,420335
2019-02-20$36.87$35.4012.1%3.5%14.3%20.4%0.0%2.6%0.6%177.8K-1.9M-8.3K0.0099.83N/AN/A31501,425335
2019-02-21$36.39$35.4012.5%3.6%15.1%22.2%0.0%3.4%0.8%174.1K-1.6M-8.5K0.0095.21N/AN/A31501,585335
2019-02-22$36.63$35.4012.3%3.5%15.0%21.2%0.0%0.2%0.6%188.0K-1.8M-8.7K0.00101.03N/AN/A31001,595335
2019-02-25$36.48$35.4012.2%3.5%14.7%20.9%11.9%2.7%-0.2%163.1K-1.5M-6.9K0.00101.85N/AN/A2001,450325
2019-02-26$36.20$35.4013.5%3.9%14.3%26.4%10.9%3.4%1.0%153.6K-1.4M-7.3K43.3299.63N/AN/A1104,7651,465325
2019-02-27$35.27$37.0013.8%4.0%17.2%27.6%13.5%3.5%1.5%-640.7K10.7M-29.4K5.10104.76N/AN/A1557901,5554,785
2019-02-28$34.99$37.0014.1%4.0%16.5%28.7%13.5%3.8%0.1%-675.9K12.2M-28.0K3.0699.26N/AN/A1554751,5905,115