IHF Options History — April 2019

In April 2019, IHF traded between $30.27 and $34.31. ATM implied volatility averaged 16.9%, placing in the 40.5% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 8.0% (HV 20d: 24.9%). Max pain ranged from $32.00 to $37.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.71.

Notable Days

  • 2019-04-17: Highest Volume — 6,725 contracts
  • 2019-04-17: Largest IV spike — 41.0% change
  • 2019-04-17: Highest IV Rank — 72.4%
  • 2019-04-17: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.77$30.27$34.31$33.66$32.74
Max Pain$34.86$32.00$37.00$37.00$32.00
ATM IV16.9%11.9%24.6%14.8%17.9%
Expected Move4.9%3.7%7.0%4.3%5.1%
HV 20d24.9%16.7%31.7%22.2%31.3%
HV 60d22.0%19.4%24.9%20.1%24.9%
IV Rank40.5%19.6%72.4%31.7%44.6%
IV Percentile69.7%32.9%96.8%63.1%80.6%
Term Structure-0.2%-4.3%2.5%0.4%1.2%
VWIV17.7%11.9%22.6%20.0%20.2%
Skew 25d4.3%1.4%7.0%5.3%3.4%
Skew 10d8.1%0.5%16.6%6.0%0.5%
Call IV 25d15.1%9.9%22.1%10.5%18.0%
Put IV 25d19.3%13.6%27.4%15.8%21.4%
Bid-Ask Spread %88.4473.21102.6986.1896.51
Gamma HHI0.150.110.250.110.11
Net GEX-55.1K-304.8K538.8K-286.6K524.8K
Net DEX4.7M-5.2M10.5M6.6M-3.6M
Net VEX-22.1K-41.0K-9.0K-12.7K-39.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.710.479.270.503.11
Total Volume1,728.333456,725751,295
Total OI8,120.9525,30013,9405,30012,125

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$33.66$37.0014.8%4.3%22.2%31.7%20.0%5.3%0.4%-286.6K6.6M-12.7K0.5086.18N/AN/A50251,8553,445
2019-04-02$33.56$37.0014.1%4.3%22.1%28.7%18.3%5.4%0.7%-276.6K6.6M-12.9K0.5081.16N/AN/A60301,9153,430
2019-04-03$33.65$37.0013.5%4.1%19.1%26.3%18.4%3.8%-0.5%-277.1K6.5M-12.3K0.4789.08N/AN/A85401,9153,430
2019-04-04$33.91$37.0013.4%4.1%18.9%26.0%14.1%4.9%1.4%-283.8K6.4M-12.1K1.8382.97N/AN/A901651,9203,425
2019-04-05$34.31$37.0011.9%3.8%19.3%19.6%13.3%1.4%0.8%-304.8K5.5M-12.8K0.6573.21N/AN/A2751801,9303,370
2019-04-08$34.19$37.0012.3%4.1%18.7%21.5%13.1%3.9%0.5%-261.3K5.8M-11.0K2.0082.35N/AN/A15301,9253,375
2019-04-09$34.21$37.0014.6%4.1%18.1%30.9%12.3%4.7%1.0%-284.8K5.8M-11.6K0.8686.13N/AN/A35301,9353,400
2019-04-10$34.18$37.0013.0%3.7%16.7%24.1%13.9%2.8%2.3%-286.5K5.8M-11.1K0.5090.92N/AN/A70351,9553,405
2019-04-11$33.22$37.0015.3%4.4%19.4%33.6%15.6%2.2%-0.8%-243.0K6.8M-10.8K0.6887.60N/AN/A95651,9903,405
2019-04-12$32.12$37.0015.0%4.3%22.3%32.7%14.9%5.1%2.4%-175.0K8.1M-9.0K2.6093.96N/AN/A1754552,0503,430
2019-04-15$32.76$37.0014.8%4.2%23.0%31.6%11.9%6.0%0.9%-184.5K7.4M-10.8K1.70102.69N/AN/A1001702,1203,540
2019-04-16$31.27$37.0017.4%5.0%27.4%42.7%16.8%4.1%-0.4%-173.1K8.8M-9.6K0.6990.35N/AN/A3,9302,7102,1203,545
2019-04-17$30.27$32.0024.6%7.0%28.8%72.4%22.6%2.6%-4.3%-66.2K10.5M-20.5K1.3497.73N/AN/A2,8703,8555,8305,010
2019-04-18$30.84$32.0021.3%6.1%29.5%58.5%21.8%7.0%-2.3%-262.7K9.6M-38.7K1.2781.38N/AN/A2,8753,6407,3356,605
2019-04-22$31.00$32.0022.0%6.3%29.2%61.7%22.0%6.4%-1.8%71.3K7.8M-37.6K1.2183.48N/AN/A4004855,5055,895
2019-04-23$31.89$32.0021.2%6.1%31.4%58.5%20.9%3.6%-2.5%160.7K3.6M-40.4K2.1486.19N/AN/A1,1052,3655,5056,320
2019-04-24$32.07$32.0020.9%6.0%30.8%57.2%22.3%6.5%-1.6%287.8K595.4K-41.0K1.7190.60N/AN/A8251,4105,8455,630
2019-04-25$32.35$32.0020.3%5.8%31.0%54.8%21.9%5.4%-2.9%294.4K-781.5K-39.9K1.7888.41N/AN/A1,0151,8055,8305,540
2019-04-26$32.95$32.0016.8%4.8%31.7%39.8%18.4%2.9%2.5%329.8K-4.1M-35.8K1.0495.24N/AN/A1,4101,4605,7305,270
2019-04-29$33.00$32.0019.9%5.7%31.3%53.1%19.6%2.0%-2.4%538.8K-5.2M-35.6K9.2791.15N/AN/A555106,4655,270
2019-04-30$32.74$32.0017.9%5.1%31.3%44.6%20.2%3.4%1.2%524.8K-3.6M-39.1K3.1196.51N/AN/A3159806,4705,655