IHF Options History — January 2020

In January 2020, IHF traded between $38.36 and $41.35. ATM implied volatility averaged 19.6%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 7.5% (HV 20d: 12.0%). Max pain ranged from $34.20 to $41.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 27.77.

Notable Days

  • 2020-01-24: Highest Volume — 8,300 contracts
  • 2020-01-24: Largest IV spike — 31.8% change
  • 2020-01-31: Highest IV Rank — 72.7%
  • 2020-01-31: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.32$38.36$41.35$39.81$38.36
Max Pain$36.76$34.20$41.00$39.60$41.00
ATM IV19.6%15.9%25.8%18.2%25.8%
Expected Move5.5%4.5%7.4%5.2%7.4%
HV 20d12.0%10.1%18.3%11.0%18.3%
HV 60d14.5%13.1%16.3%16.3%15.6%
IV Rank42.5%24.8%72.7%36.1%72.7%
IV Percentile67.6%31.3%98.4%62.3%98.4%
Term Structure0.6%-2.5%2.7%1.7%-2.5%
VWIV21.1%14.9%43.0%23.2%21.7%
Skew 25d5.2%3.0%8.8%5.2%8.8%
Skew 10d11.3%2.8%18.7%5.4%14.1%
Call IV 25d16.7%14.2%21.1%16.8%20.7%
Put IV 25d21.9%17.6%29.6%22.0%29.6%
Bid-Ask Spread %79.3660.2897.2989.3369.47
Gamma HHI0.280.100.680.100.26
Net GEX-367.2K-2.5M466.2K33.8K-1.4M
Net DEX381.9K-5.8M17.6M-3.3M14.4M
Net VEX-14.6K-40.0K-5.5K-12.0K-28.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio27.770.00331.000.7511.09
Total Volume860.714158,30030665
Total OI12,529.04810,22018,92011,03016,230

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$39.81$39.6018.2%5.2%11.0%36.1%23.2%5.2%1.7%33.8K-3.3M-12.0K0.0089.33N/AN/A0301,7159,315
2020-01-03$39.73$39.6018.9%5.4%10.6%39.2%0.0%3.5%0.4%22.0K-3.1M-12.5K0.0097.29N/AN/A0951,7209,295
2020-01-06$40.04$34.2018.0%5.5%10.9%35.1%27.3%6.4%0.4%64.9K-3.5M-11.4K0.7563.40N/AN/A100751,7209,225
2020-01-07$40.04$34.2018.6%5.1%10.7%38.0%18.3%6.0%1.2%71.1K-3.5M-10.4K0.0060.28N/AN/A3001,6859,215
2020-01-08$40.59$34.2016.3%5.1%10.7%26.8%20.8%5.5%1.7%136.3K-4.4M-9.1K0.7873.56N/AN/A45351,7009,215
2020-01-09$40.39$34.4019.1%5.3%10.7%40.2%19.4%5.1%1.9%154.5K-4.3M-8.0K0.5071.20N/AN/A20101,7009,200
2020-01-10$40.42$34.4018.2%5.1%10.6%36.0%19.1%4.9%2.2%166.3K-4.3M-7.7K0.0671.85N/AN/A8051,6909,205
2020-01-13$40.10$34.4023.1%5.4%10.8%59.8%18.6%5.3%0.9%146.9K-3.9M-7.7K10.0070.97N/AN/A151501,7209,195
2020-01-14$40.30$35.0021.3%5.3%10.8%51.1%19.8%4.8%1.3%169.5K-3.9M-8.0K91.0075.69N/AN/A54551,7259,345
2020-01-15$40.88$35.0016.8%4.8%10.8%29.3%16.8%3.4%2.0%264.5K-4.9M-6.6K2.2782.24N/AN/A751701,7259,740
2020-01-16$41.29$35.0015.9%4.5%10.7%24.8%14.9%3.0%2.5%268.3K-5.7M-6.0K0.7583.22N/AN/A20151,7659,765
2020-01-17$41.19$35.4016.4%4.7%10.4%27.3%16.7%4.2%2.7%466.2K-5.8M-6.0K1.6783.97N/AN/A45751,7709,780
2020-01-21$41.26$35.4017.2%4.9%10.3%31.1%16.2%4.3%0.8%10.5K-4.0M-5.5K0.5384.97N/AN/A170901,2558,965
2020-01-22$41.35$35.4016.7%4.8%10.3%28.8%43.0%3.9%0.9%56.5K-4.2M-6.1K0.0085.87N/AN/A0151,3858,980
2020-01-23$41.32$35.4016.9%4.8%10.1%29.6%20.0%4.2%0.1%52.9K-4.2M-6.0K7.0095.55N/AN/A10701,3858,985
2020-01-24$40.41$35.4022.2%6.4%13.2%55.4%20.5%6.4%-0.9%19.7K-3.4M-7.6K331.0078.37N/AN/A258,2751,3859,000
2020-01-27$39.72$41.0024.1%6.9%14.5%64.2%26.1%5.3%-1.8%-2.0M17.6M-40.0K2.5071.93N/AN/A20501,41017,260
2020-01-28$40.28$41.0023.2%6.6%15.4%60.0%20.8%5.1%-2.0%-2.4M15.0M-40.0K11.0082.96N/AN/A202201,41017,295
2020-01-29$39.94$41.0020.5%5.9%15.5%47.2%20.9%7.4%0.4%-2.5M17.3M-39.4K0.0087.88N/AN/A06,5701,41517,505
2020-01-30$39.29$41.0023.3%6.7%16.5%60.3%17.8%6.7%-1.0%-1.5M10.1M-28.0K1.1786.49N/AN/A1501751,41514,700
2020-01-31$38.36$41.0025.8%7.4%18.3%72.7%21.7%8.8%-2.5%-1.4M14.4M-28.6K11.0969.47N/AN/A556101,31014,920