IHF Options History — March 2019

In March 2019, IHF traded between $33.04 and $35.48. ATM implied volatility averaged 15.6%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 8.4% (HV 20d: 24.0%). Max pain ranged from $35.40 to $37.20. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 9.08.

Notable Days

  • 2019-03-04: Highest Volume — 2,130 contracts
  • 2019-03-04: Largest IV spike — 34.7% change
  • 2019-03-07: Highest IV Rank — 50.3%
  • 2019-03-07: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.08$33.04$35.48$35.48$33.62
Max Pain$36.78$35.40$37.20$37.00$37.00
ATM IV15.6%12.2%19.3%12.2%13.3%
Expected Move4.5%3.5%5.5%3.5%4.2%
HV 20d24.0%17.2%26.5%17.2%25.2%
HV 60d23.0%20.4%25.0%23.6%20.5%
IV Rank35.1%20.9%50.3%20.9%25.4%
IV Percentile64.1%34.5%84.9%34.5%45.6%
Term Structure0.4%-1.1%1.5%1.2%1.2%
VWIV14.7%10.1%19.5%11.4%14.7%
Skew 25d4.2%2.3%6.5%2.3%6.5%
Skew 10d7.4%2.6%10.9%9.6%4.7%
Call IV 25d13.2%8.7%15.9%8.7%9.1%
Put IV 25d17.4%10.9%20.8%10.9%15.7%
Bid-Ask Spread %75.5955.17103.10103.1095.54
Gamma HHI0.240.140.560.560.17
Net GEX-403.2K-776.0K-215.3K-776.0K-378.4K
Net DEX8.4M6.0M13.4M11.0M8.0M
Net VEX-17.5K-31.3K-12.2K-31.3K-14.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.080.2941.604.0713.39
Total Volume882.8571202,1307351,295
Total OI5,904.5245,0106,8406,6655,785

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$35.48$37.0012.2%3.5%17.2%20.9%11.4%2.3%1.2%-776.0K11.0M-31.3K4.07103.10N/AN/A1455901,5955,070
2019-03-04$34.27$37.0016.4%4.7%21.1%38.5%14.5%3.6%0.1%-490.7K13.4M-20.7K41.6098.29N/AN/A502,0801,6005,040
2019-03-05$34.40$37.0015.3%4.4%21.1%33.7%14.6%4.6%0.5%-319.2K8.5M-15.1K9.4895.96N/AN/A1251,1851,6153,395
2019-03-06$33.35$35.4017.7%5.1%23.4%43.7%16.5%2.9%0.3%-215.3K9.3M-12.2K12.8191.44N/AN/A1051,3451,6953,760
2019-03-07$33.04$35.4019.3%5.5%23.4%50.3%17.2%4.9%0.4%-258.2K9.8M-13.3K10.4491.39N/AN/A1351,4101,7203,990
2019-03-08$33.09$35.4019.1%5.5%23.4%49.4%19.5%4.9%-0.2%-255.5K9.3M-13.2K4.2298.13N/AN/A3001,2651,7503,850
2019-03-11$33.61$37.2017.8%4.6%23.8%44.3%13.5%4.7%0.8%-227.3K8.4M-12.4K0.2960.17N/AN/A245701,8853,705
2019-03-12$34.06$37.0014.9%4.4%24.5%32.2%10.1%3.6%-0.2%-231.7K7.4M-13.8K0.7956.91N/AN/A1401102,1103,670
2019-03-13$34.70$37.0014.3%4.3%24.9%29.5%13.3%3.4%1.0%-256.2K6.0M-15.7K2.0361.28N/AN/A1452952,1203,525
2019-03-14$34.73$37.0014.1%4.4%24.6%28.7%14.8%4.3%1.5%-303.0K6.3M-15.5K16.4167.56N/AN/A851,3952,1203,625
2019-03-15$34.43$37.0013.6%4.2%24.6%26.9%13.8%4.0%1.1%-488.0K8.4M-20.6K17.8957.85N/AN/A901,6102,1154,725
2019-03-18$34.90$37.0013.4%3.9%24.1%25.8%13.4%3.3%0.3%-569.7K6.9M-21.3K1.1855.17N/AN/A55651,7404,175
2019-03-19$35.06$37.0013.4%4.0%24.2%26.1%12.0%2.9%0.7%-560.8K6.6M-22.1K2.4170.73N/AN/A1102651,7904,230
2019-03-20$34.51$37.0014.2%4.2%24.7%29.4%12.5%5.9%0.4%-530.4K7.3M-20.0K1.9664.64N/AN/A1402751,7604,140
2019-03-21$34.92$37.0014.1%4.0%24.9%28.7%12.2%4.1%0.1%-542.1K6.5M-20.8K2.5058.40N/AN/A1503751,8054,120
2019-03-22$34.18$37.0016.9%4.5%25.6%40.4%13.9%5.1%-1.1%-517.0K7.7M-20.4K2.5267.17N/AN/A1353401,7954,220
2019-03-25$33.87$37.0017.8%4.9%25.7%44.3%18.6%4.2%-0.1%-451.7K8.3M-19.1K0.0062.17N/AN/A04451,7954,190
2019-03-26$33.14$37.0016.7%4.8%26.5%39.8%19.3%4.3%0.4%-380.1K9.0M-16.0K23.0071.99N/AN/A153451,7954,135
2019-03-27$33.09$37.0017.6%5.1%25.2%43.3%17.1%4.1%0.5%-376.3K9.3M-15.1K7.3274.14N/AN/A956951,8104,140
2019-03-28$33.14$37.0015.7%4.6%25.2%35.6%14.8%4.9%0.3%-339.9K8.5M-13.9K7.2085.29N/AN/A1007201,8604,030
2019-03-29$33.62$37.0013.3%4.2%25.2%25.4%14.7%6.5%1.2%-378.4K8.0M-14.2K13.3995.54N/AN/A901,2051,8553,930