IHF Options History — August 2019

In August 2019, IHF traded between $32.63 and $35.39. ATM implied volatility averaged 20.9%, placing in the 55.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 1.1% (HV 20d: 19.8%). Max pain ranged from $32.00 to $35.40. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2019-08-05: Highest Volume — 530 contracts
  • 2019-08-05: Largest IV spike — 35.8% change
  • 2019-08-05: Highest IV Rank — 75.9%
  • 2019-08-23: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.31$32.63$35.39$35.22$33.63
Max Pain$34.30$32.00$35.40$32.00$34.40
ATM IV20.9%18.0%25.7%18.0%19.1%
Expected Move5.8%5.2%6.9%5.2%5.5%
HV 20d19.8%14.9%23.1%17.9%23.1%
HV 60d17.1%15.4%18.3%15.4%18.3%
IV Rank55.2%44.5%75.9%44.5%46.4%
IV Percentile79.4%66.3%96.4%66.7%67.9%
Term Structure0.4%-1.6%3.0%0.2%3.0%
VWIV19.8%10.6%26.3%19.3%19.9%
Skew 25d6.2%2.6%8.5%2.6%5.1%
Skew 10d9.9%-2.2%15.4%-2.2%13.9%
Call IV 25d17.1%14.6%20.2%17.7%16.4%
Put IV 25d23.3%20.3%26.4%20.3%21.6%
Bid-Ask Spread %59.3741.2794.2390.9177.91
Gamma HHI0.130.090.300.120.12
Net GEX218.3K-50.5K610.5K368.7K-1.8K
Net DEX-2.7M-6.7M1.2M-5.4M-140.7K
Net VEX-20.2K-23.6K-17.3K-20.7K-18.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.003.000.030.06
Total Volume110.2271553020595
Total OI6,4304,3258,4507,5254,800

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$35.22$32.0018.0%5.2%17.9%44.5%19.3%2.6%0.2%368.7K-5.4M-20.7K0.0390.91N/AN/A20053,6353,890
2019-08-02$34.99$32.0018.9%5.4%18.0%48.1%10.6%4.4%0.3%353.8K-4.8M-21.1K0.2394.23N/AN/A65153,6653,890
2019-08-05$34.15$35.4025.7%6.3%20.0%75.9%19.4%8.5%-0.6%191.5K-2.3M-21.6K0.0856.98N/AN/A490403,6203,905
2019-08-06$34.45$34.6022.9%5.8%19.9%64.8%24.4%7.6%0.1%348.1K-3.7M-23.6K0.1254.15N/AN/A130154,0703,945
2019-08-07$34.97$34.6023.3%5.9%20.2%66.3%0.0%7.8%-1.6%423.0K-5.2M-23.5K3.0053.89N/AN/A5154,0853,945
2019-08-08$35.25$34.6018.6%5.3%15.9%46.8%20.1%6.9%-0.1%447.9K-6.3M-21.6K2.5051.31N/AN/A20504,0903,960
2019-08-09$35.29$34.6018.9%5.3%14.9%47.0%17.1%6.7%0.3%424.5K-6.4M-21.6K0.0044.38N/AN/A4504,0953,990
2019-08-12$34.71$34.6023.3%5.9%15.8%65.2%0.0%7.5%-0.8%420.4K-4.6M-21.2K0.5650.06N/AN/A45254,1103,990
2019-08-13$35.39$34.6021.2%5.4%17.5%56.3%18.0%6.7%1.0%394.1K-6.7M-20.4K0.0941.27N/AN/A110104,0654,015
2019-08-14$34.39$34.6022.4%6.4%20.1%61.5%26.3%7.4%-1.3%484.4K-3.7M-21.1K2.9150.28N/AN/A551604,1154,015
2019-08-15$34.35$34.6022.1%6.3%20.1%59.8%20.6%8.0%0.5%610.5K-3.4M-21.2K0.0049.24N/AN/A6004,1604,170
2019-08-16$34.67$34.4020.3%5.8%20.4%52.3%25.2%7.5%0.8%214.7K-4.9M-20.5K0.2755.78N/AN/A55154,2804,170
2019-08-19$34.81$34.4018.6%5.3%20.4%45.2%16.3%6.3%1.0%97.3K-2.1M-19.3K0.0061.10N/AN/A3002,1652,160
2019-08-20$34.39$34.4018.5%5.3%20.7%44.7%15.1%6.9%1.6%62.5K-1.3M-19.6K0.0048.40N/AN/A2002,1952,160
2019-08-21$34.52$34.4018.6%5.3%20.8%45.0%17.1%5.1%0.7%77.7K-1.5M-19.4K1.1146.90N/AN/A45502,2152,160
2019-08-22$33.93$34.4019.1%5.5%21.4%47.3%23.4%7.4%1.1%23.5K-533.7K-18.9K0.5656.65N/AN/A45252,2602,210
2019-08-23$33.40$34.4024.0%6.9%20.9%68.1%0.0%4.6%-0.3%-1.0K109.8K-18.8K0.0069.28N/AN/A0152,3002,235
2019-08-26$33.38$34.4021.6%6.2%20.6%57.9%0.0%5.4%0.8%-16.3K219.0K-18.4K0.0059.45N/AN/A1502,3002,285
2019-08-27$32.63$34.4022.9%6.6%21.7%63.4%23.0%2.9%0.8%-50.5K1.2M-17.3K0.0678.65N/AN/A325202,3602,285
2019-08-28$32.85$34.4022.1%6.4%22.0%60.2%23.0%6.8%1.2%-44.1K1.0M-17.7K3.0053.48N/AN/A15452,4352,295
2019-08-29$33.41$34.4019.2%5.5%22.9%47.8%18.1%4.3%1.1%-26.7K315.9K-18.1K0.4361.87N/AN/A35152,4452,320
2019-08-30$33.63$34.4019.1%5.5%23.1%46.4%19.9%5.1%3.0%-1.8K-140.7K-18.1K0.0677.91N/AN/A9052,4802,320