IHF Options History — May 2020

In May 2020, IHF traded between $36.68 and $40.34. ATM implied volatility averaged 27.3%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 4.6% (HV 20d: 31.9%). Max pain ranged from $35.00 to $37.80. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.89.

Notable Days

  • 2020-05-14: Highest Volume — 890 contracts
  • 2020-05-11: Largest IV spike — 19.6% change
  • 2020-05-01: Highest IV Rank — 26.7%
  • 2020-05-01: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.28$36.68$40.34$36.84$40.03
Max Pain$37.06$35.00$37.80$35.00$37.80
ATM IV27.3%21.4%31.6%31.6%24.9%
Expected Move7.8%6.8%9.1%9.1%7.1%
HV 20d31.9%25.6%45.1%45.1%25.6%
HV 60d65.7%61.6%66.9%66.2%61.6%
IV Rank20.4%11.7%26.7%26.7%16.8%
IV Percentile78.0%64.7%83.3%83.3%73.4%
Term Structure0.6%-2.1%3.2%0.1%0.8%
VWIV28.9%25.2%33.0%30.6%31.4%
Skew 25d8.9%5.8%12.1%12.1%5.8%
Skew 10d18.4%13.0%26.3%18.3%15.3%
Call IV 25d23.3%21.1%26.3%23.6%22.6%
Put IV 25d32.2%28.4%37.2%35.7%28.4%
Bid-Ask Spread %41.4625.5794.5894.5874.35
Gamma HHI0.250.170.290.260.26
Net GEX-207.6K-245.9K-95.7K-242.6K-201.3K
Net DEX4.6M2.0M7.0M6.0M2.7M
Net VEX-69.2K-74.9K-66.6K-67.9K-68.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.006.671.091.00
Total Volume13708901150
Total OI8,043.757,5659,4457,9557,755

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$36.84$35.0031.6%9.1%45.1%26.7%30.6%12.1%0.1%-242.6K6.0M-67.9K1.0994.58N/AN/A55601,5556,400
2020-05-04$36.98$36.6031.6%8.7%42.9%26.7%0.0%10.2%-0.7%-245.4K6.2M-67.4K1.0025.57N/AN/A15151,5706,460
2020-05-05$37.73$36.6027.3%8.1%37.2%20.3%25.6%7.9%1.0%-212.6K5.0M-67.0K1.7239.50N/AN/A1252151,5606,475
2020-05-06$37.26$36.6028.8%8.1%37.4%22.5%0.0%9.1%1.7%-208.3K5.3M-68.9K0.0036.02N/AN/A3001,6106,690
2020-05-07$37.11$36.6025.7%7.6%31.9%17.9%33.0%8.6%1.9%-213.3K5.8M-69.0K0.0033.90N/AN/A0201,6356,715
2020-05-08$37.99$36.6021.4%6.8%32.7%11.7%0.0%7.9%2.4%-232.5K5.0M-68.1K0.0037.37N/AN/A2001,6356,735
2020-05-11$38.33$36.6025.6%7.0%31.8%17.9%0.0%7.7%3.2%-216.1K4.4M-67.0K0.0030.78N/AN/A001,6256,730
2020-05-12$37.83$36.6025.5%7.2%30.0%17.6%0.0%7.3%2.0%-189.5K4.6M-66.6K6.6736.10N/AN/A302001,6206,730
2020-05-13$36.68$36.6029.7%8.5%32.2%23.9%27.4%9.3%-1.2%-180.8K7.0M-67.7K0.0537.02N/AN/A10051,6456,825
2020-05-14$37.48$36.6031.6%9.0%31.5%26.6%31.9%10.9%-2.1%-95.7K5.5M-68.5K0.2434.34N/AN/A7151751,7456,820
2020-05-15$38.11$36.6030.4%8.7%32.0%24.9%31.0%10.3%0.2%-141.4K3.1M-74.9K1.2026.66N/AN/A50602,4506,995
2020-05-18$38.83$37.8027.4%7.8%31.8%20.4%27.0%8.8%1.0%-194.1K4.1M-73.3K0.0336.03N/AN/A435151,7006,005
2020-05-19$38.82$37.8027.0%7.7%29.3%19.9%0.0%9.1%0.2%-238.3K4.6M-71.5K0.0041.45N/AN/A501,5506,020
2020-05-20$38.56$37.8027.4%7.8%29.1%20.5%0.0%7.3%-0.0%-222.5K4.4M-71.4K0.0036.54N/AN/A1001,5556,020
2020-05-21$38.88$37.8027.7%7.9%28.6%20.9%0.0%9.6%-0.6%-225.9K4.6M-71.1K0.0032.57N/AN/A001,5556,020
2020-05-22$38.74$37.8026.2%7.5%28.2%18.7%25.4%9.4%0.4%-228.5K4.6M-71.0K0.0038.07N/AN/A9501,5556,020
2020-05-26$39.21$37.8025.4%7.3%26.9%17.6%25.2%9.7%1.7%-229.7K3.4M-68.8K0.4244.24N/AN/A60251,5556,020
2020-05-27$39.91$37.8024.3%7.0%26.6%16.0%31.4%8.7%0.9%-245.9K3.2M-67.7K1.0039.49N/AN/A1001001,5206,045
2020-05-28$40.34$37.8026.8%7.7%26.5%19.6%0.0%8.8%-0.1%-188.3K2.0M-68.0K0.0054.62N/AN/A051,7006,055
2020-05-29$40.03$37.8024.9%7.1%25.6%16.8%0.0%5.8%0.8%-201.3K2.7M-68.4K0.0074.35N/AN/A001,7006,055