IHF Options History — July 2020

In July 2020, IHF traded between $38.18 and $41.38. ATM implied volatility averaged 25.4%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 2.4% (HV 20d: 23.0%). Max pain ranged from $37.00 to $40.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.31.

Notable Days

  • 2020-07-15: Highest Volume — 2,195 contracts
  • 2020-07-13: Largest IV spike — 22.5% change
  • 2020-07-13: Highest IV Rank — 29.2%
  • 2020-07-09: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.90$38.18$41.38$39.12$40.76
Max Pain$39.73$37.00$40.00$37.00$40.00
ATM IV25.4%21.8%33.3%24.2%21.8%
Expected Move7.2%6.3%8.3%7.0%6.3%
HV 20d23.0%16.0%35.8%35.8%17.8%
HV 60d28.1%25.5%32.3%32.3%25.8%
IV Rank17.5%12.2%29.2%15.8%12.2%
IV Percentile64.1%48.4%83.7%65.1%48.4%
Term Structure2.0%0.1%3.5%2.3%1.7%
VWIV25.6%21.3%31.1%22.9%22.8%
Skew 25d7.2%2.9%9.9%7.6%4.7%
Skew 10d15.2%8.2%24.3%12.4%8.2%
Call IV 25d21.6%17.4%25.1%21.5%19.3%
Put IV 25d28.8%24.0%33.4%29.0%24.0%
Bid-Ask Spread %80.6252.63101.5652.6393.69
Gamma HHI0.280.220.320.320.25
Net GEX-230.8K-287.3K-151.0K-267.3K-190.8K
Net DEX3.2M941.5K5.6M4.6M1.5M
Net VEX-56.9K-62.6K-50.0K-62.6K-51.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.001.600.000.00
Total Volume236.36402,19500
Total OI7,377.57,1807,6057,2457,440

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$39.12$37.0024.2%7.0%35.8%15.8%0.0%7.6%2.3%-267.3K4.6M-62.6K0.0052.63N/AN/A001,4405,805
2020-07-02$39.20$37.0023.0%6.6%34.9%14.0%22.9%5.6%2.4%-268.8K4.3M-61.6K0.0056.25N/AN/A2001,4405,805
2020-07-06$39.54$40.0024.3%7.3%32.6%15.9%27.8%8.7%3.1%-258.9K3.8M-59.9K1.4268.31N/AN/A8651,2301,4555,800
2020-07-07$39.04$40.0026.7%7.5%32.3%19.4%0.0%8.0%3.5%-271.9K4.3M-60.2K0.0065.87N/AN/A001,4705,800
2020-07-08$38.89$40.0026.4%7.6%32.2%19.0%24.0%8.3%3.0%-287.3K4.7M-60.1K0.1764.53N/AN/A120201,4705,800
2020-07-09$38.18$40.0029.1%8.3%32.4%23.0%29.2%9.3%2.7%-281.8K5.6M-61.4K0.4070.29N/AN/A25101,5805,820
2020-07-10$38.38$40.0027.2%7.9%21.3%20.2%27.9%8.1%3.3%-280.5K5.5M-61.0K0.0077.34N/AN/A2001,5855,820
2020-07-13$38.79$40.0033.3%8.2%21.5%29.2%31.1%6.4%2.6%-235.3K4.5M-59.5K1.6082.61N/AN/A25401,6055,820
2020-07-14$39.40$40.0031.0%7.9%21.9%25.8%26.3%9.5%3.1%-235.8K4.2M-59.1K0.0375.84N/AN/A14551,6305,860
2020-07-15$40.00$40.0027.4%7.8%20.8%20.4%29.8%8.9%3.2%-151.0K2.8M-58.8K1.2075.88N/AN/A1,0001,1951,7255,860
2020-07-16$40.19$40.0027.1%7.8%20.5%20.0%26.4%7.0%1.1%-151.6K2.4M-58.1K0.0077.27N/AN/A4501,7455,860
2020-07-17$40.43$40.0026.2%7.5%20.3%18.7%24.6%7.7%1.8%-219.8K2.0M-56.4K0.0089.08N/AN/A4001,7455,860
2020-07-20$40.08$40.0024.6%7.0%20.4%16.3%22.9%7.0%3.4%-258.9K3.3M-56.5K0.0088.05N/AN/A1501,3855,795
2020-07-21$40.32$40.0024.8%7.1%20.3%16.6%25.0%6.9%0.3%-256.8K3.0M-55.3K0.2190.24N/AN/A95201,3955,795
2020-07-22$40.74$40.0022.5%6.5%20.4%13.3%22.8%9.9%1.6%-229.1K2.3M-53.5K0.1792.72N/AN/A3051,4905,805
2020-07-23$40.76$40.0022.8%6.5%16.7%13.7%0.0%2.9%0.9%-213.3K1.7M-52.3K0.00101.56N/AN/A13001,5205,810
2020-07-24$40.54$40.0023.6%6.8%17.0%14.9%0.0%7.1%0.8%-212.8K2.1M-54.7K0.0090.84N/AN/A001,6005,810
2020-07-27$40.38$40.0024.3%7.0%16.0%15.9%0.0%7.3%0.1%-213.9K2.4M-55.0K0.0087.81N/AN/A1001,6005,810
2020-07-28$40.26$40.0023.7%6.8%16.2%15.0%0.0%7.2%0.3%-226.7K2.5M-53.9K0.0086.16N/AN/A001,5955,810
2020-07-29$41.38$40.0022.1%6.3%17.5%12.6%21.3%5.5%1.3%-180.2K941.5K-50.0K0.0093.69N/AN/A8501,5955,810
2020-07-30$41.31$40.0022.8%6.5%16.9%13.7%22.8%4.4%1.0%-185.5K1.1M-51.4K0.0092.86N/AN/A501,6305,810
2020-07-31$40.76$40.0021.8%6.3%17.8%12.2%0.0%4.7%1.7%-190.8K1.5M-51.3K0.0093.69N/AN/A001,6305,810