IHF Options History — February 2020

In February 2020, IHF traded between $35.21 and $42.33. ATM implied volatility averaged 26.0%, placing in the 60.8% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 0.2% (HV 20d: 26.2%). Max pain ranged from $39.40 to $41.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 94.42.

Notable Days

  • 2020-02-24: Highest Volume — 10,145 contracts
  • 2020-02-24: Largest IV spike — 43.4% change
  • 2020-02-25: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.06$35.21$42.33$38.59$35.21
Max Pain$40.39$39.40$41.00$41.00$40.00
ATM IV26.0%19.1%57.6%26.9%57.6%
Expected Move7.5%5.5%16.5%7.7%16.5%
HV 20d26.2%18.5%35.9%18.5%35.9%
HV 60d18.3%15.6%23.7%15.6%23.7%
IV Rank60.8%40.2%100.0%77.8%100.0%
IV Percentile84.3%71.4%100.0%98.4%100.0%
Term Structure-2.2%-15.2%1.7%-0.7%-15.2%
VWIV25.6%18.1%64.6%28.0%64.6%
Skew 25d6.6%2.7%12.8%5.5%12.8%
Skew 10d13.5%8.6%24.1%13.9%22.3%
Call IV 25d22.7%17.0%48.5%22.0%48.5%
Put IV 25d29.2%22.2%61.3%27.5%61.3%
Bid-Ask Spread %56.7045.5098.1271.8858.90
Gamma HHI0.260.190.460.310.19
Net GEX-2.1M-3.1M-740.0K-2.8M-1.3M
Net DEX16.0M2.5M37.2M23.8M37.2M
Net VEX-89.9K-114.1K-59.9K-65.2K-104.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio94.420.00750.001.376.00
Total Volume1,008.9472510,1453070
Total OI24,619.73715,89033,53523,28517,520

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$38.59$41.0026.9%7.7%18.5%77.8%28.0%5.5%-0.7%-2.8M23.8M-65.2K0.0071.88N/AN/A0301,34521,940
2020-02-04$39.31$41.0021.8%6.2%19.5%53.2%22.6%7.0%-1.2%-3.1M18.3M-59.9K0.0081.66N/AN/A0851,34521,890
2020-02-05$40.78$41.0019.1%5.5%23.6%40.4%19.0%2.7%1.7%-2.6M13.3M-96.7K1.3798.12N/AN/A2303151,34525,375
2020-02-06$40.61$41.0019.2%5.9%23.2%41.0%0.0%5.8%-0.1%-2.8M12.9M-94.8K6.7560.76N/AN/A201351,56025,380
2020-02-07$40.31$41.0020.2%6.1%23.3%45.4%21.8%6.0%-0.5%-3.1M14.8M-98.4K2.2548.28N/AN/A20451,56025,450
2020-02-10$40.43$39.4020.3%6.2%23.3%46.1%18.7%5.5%-0.5%-3.0M12.7M-91.2K4.1348.77N/AN/A401651,58025,450
2020-02-11$41.07$39.4019.4%5.9%23.7%42.0%18.1%5.3%-0.3%-2.4M8.5M-84.1K0.5851.02N/AN/A155901,58525,605
2020-02-12$42.02$39.4020.3%5.8%25.0%45.9%19.5%4.9%-1.1%-1.4M3.1M-72.3K1.5349.34N/AN/A951451,69025,515
2020-02-13$42.03$39.4020.2%5.8%24.5%45.7%19.1%6.3%-0.5%-1.4M4.1M-71.6K0.0045.97N/AN/A5001,47025,445
2020-02-14$41.65$39.4019.4%5.6%24.6%41.7%19.3%5.6%-0.1%-1.6M5.1M-72.8K0.0047.75N/AN/A2501,47025,445
2020-02-18$41.97$39.4020.5%5.9%24.7%47.1%20.5%6.2%-0.8%-1.2M4.1M-78.4K0.0047.45N/AN/A01301,46526,565
2020-02-19$42.33$41.0019.8%5.7%24.9%40.2%22.3%5.9%-0.2%-740.0K2.5M-75.5K750.0046.61N/AN/A53,7501,45526,670
2020-02-20$41.77$41.0020.6%5.9%25.4%44.5%23.0%6.3%-0.5%-2.2M9.8M-94.0K352.0051.89N/AN/A51,7601,45030,420
2020-02-21$41.64$41.0021.4%6.1%25.4%48.6%0.0%7.3%-0.9%-3.0M14.3M-101.8K0.2551.71N/AN/A2051,36032,175
2020-02-24$39.56$41.0030.7%8.8%30.4%95.9%28.5%7.9%-4.1%-1.9M25.6M-110.0K337.1755.28N/AN/A3010,11565515,235
2020-02-25$37.81$41.0036.1%10.4%33.8%100.0%33.5%4.6%-4.6%-1.8M29.1M-110.9K44.4065.34N/AN/A251,11068515,325
2020-02-26$37.39$41.0036.1%10.3%33.4%100.0%31.4%9.8%-5.2%-2.0M31.2M-114.1K3.2245.50N/AN/A4514571016,390
2020-02-27$36.63$40.0043.8%12.6%33.9%100.0%0.0%9.5%-6.4%-1.7M33.4M-112.0K1.0051.06N/AN/A15515574516,505
2020-02-28$35.21$40.0057.6%16.5%35.9%100.0%64.6%12.8%-15.2%-1.3M37.2M-104.7K6.0058.90N/AN/A106091016,610