IHF Options History — September 2019

In September 2019, IHF traded between $31.97 and $34.26. ATM implied volatility averaged 17.7%, placing in the 40.0% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 0.2% (HV 20d: 17.4%). Max pain ranged from $32.20 to $34.40. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 3.65.

Notable Days

  • 2019-09-13: Highest Volume — 355 contracts
  • 2019-09-05: Largest IV drop — 20.9% change
  • 2019-09-03: Highest IV Rank — 57.4%
  • 2019-09-03: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.48$31.97$34.26$33.38$32.43
Max Pain$33.50$32.20$34.40$34.40$34.00
ATM IV17.7%15.7%21.6%21.6%19.2%
Expected Move5.1%4.5%6.2%6.2%5.5%
HV 20d17.4%14.2%21.7%21.7%15.5%
HV 60d18.3%17.7%18.9%18.3%18.9%
IV Rank40.0%31.6%57.4%57.4%46.3%
IV Percentile52.4%30.6%84.5%84.5%67.5%
Term Structure1.0%-1.1%2.4%-1.1%0.1%
VWIV18.3%13.4%23.7%23.7%21.4%
Skew 25d4.5%2.3%6.5%5.9%5.8%
Skew 10d7.6%4.6%10.9%10.9%7.7%
Call IV 25d15.9%13.6%20.0%18.6%15.5%
Put IV 25d20.4%17.6%24.5%24.5%21.3%
Bid-Ask Spread %58.9133.5881.6360.6581.63
Gamma HHI0.130.050.260.120.07
Net GEX-56.3K-133.3K148.3K-70.4K-114.7K
Net DEX261.8K-999.1K1.5M917.8K995.4K
Net VEX-12.5K-14.9K-10.2K-14.9K-12.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.650.0032.000.678.00
Total Volume116.55355545
Total OI4,557.53,4355,3054,5054,100

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$33.38$34.4021.6%6.2%21.7%57.4%23.7%5.9%-1.1%-70.4K917.8K-14.9K0.0060.65N/AN/A052,1852,320
2019-09-04$33.19$34.4019.8%5.7%21.4%49.5%0.0%4.5%2.4%-90.2K1.2M-14.5K0.6762.85N/AN/A15102,1852,320
2019-09-05$33.38$32.2015.7%5.6%20.7%31.6%17.6%2.3%-0.7%-110.9K950.4K-13.6K0.5778.52N/AN/A2001152,2002,320
2019-09-06$33.49$32.2015.8%5.0%20.5%32.3%16.3%5.3%2.1%-83.9K824.2K-14.0K5.6752.86N/AN/A15852,3302,400
2019-09-09$33.76$32.2017.5%4.9%20.8%39.5%21.9%4.7%2.0%-111.8K408.9K-13.8K0.6041.76N/AN/A50302,3252,440
2019-09-10$34.08$32.2018.9%5.0%20.5%45.4%0.0%3.6%1.9%-29.6K-443.1K-14.1K2.5033.58N/AN/A10252,3652,470
2019-09-11$34.04$32.2016.9%4.8%19.0%36.8%22.0%6.5%1.2%-47.1K-374.2K-14.1K1.4061.53N/AN/A25352,3752,475
2019-09-12$33.78$32.2016.5%4.7%16.4%35.1%16.5%3.6%1.2%-68.7K113.2K-12.6K11.0072.49N/AN/A101102,3902,450
2019-09-13$34.03$34.0015.8%4.5%16.7%32.1%14.5%4.4%1.8%-118.6K-236.0K-12.6K0.1352.64N/AN/A315402,3952,560
2019-09-16$34.26$34.0017.0%4.9%16.5%37.1%16.6%4.1%0.3%-18.6K-999.1K-13.1K0.0045.33N/AN/A17002,5502,585
2019-09-17$34.01$34.0016.9%4.9%16.5%37.1%0.0%3.9%1.6%-38.6K-511.0K-13.0K0.0042.43N/AN/A1502,7102,585
2019-09-18$33.80$34.0017.5%5.0%16.1%39.4%17.2%3.9%0.7%10.5K276.0K-11.6K0.0050.28N/AN/A0452,7202,585
2019-09-19$34.06$34.0015.7%4.5%16.3%31.6%0.0%3.8%0.8%-95.5K-404.1K-11.3K0.0052.40N/AN/A5502,7202,560
2019-09-20$34.07$34.0015.8%4.5%15.1%32.2%13.4%3.9%0.7%148.3K-185.5K-10.8K0.0045.05N/AN/A15002,7402,560
2019-09-23$33.81$34.0016.6%4.8%14.2%35.5%15.3%4.9%0.3%22.7K-631.0K-10.2K0.5761.97N/AN/A35201,6001,835
2019-09-24$33.13$34.0018.8%5.4%16.1%44.7%21.3%5.2%0.3%-15.5K32.8K-10.6K32.0058.56N/AN/A51601,6501,855
2019-09-25$32.84$34.0019.0%5.5%14.2%45.5%16.6%4.8%0.6%-57.7K493.7K-11.3K0.0068.49N/AN/A2001,6552,015
2019-09-26$32.11$34.0019.1%5.5%16.1%45.9%19.7%5.2%1.3%-102.7K1.3M-10.4K2.2576.91N/AN/A1002251,6552,015
2019-09-27$31.97$34.0019.0%5.5%14.7%45.5%0.0%3.4%1.7%-133.3K1.5M-11.9K0.3678.17N/AN/A140501,7302,220
2019-09-30$32.43$34.0019.2%5.5%15.5%46.3%21.4%5.8%0.1%-114.7K995.4K-12.2K8.0081.63N/AN/A5401,8402,260