IHF Options History — March 2021

In March 2021, IHF traded between $46.65 and $50.50. ATM implied volatility averaged 21.1%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 3.5% (HV 20d: 17.6%). Max pain ranged from $45.00 to $49.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.80.

Notable Days

  • 2021-03-05: Highest Volume — 100 contracts
  • 2021-03-08: Largest IV spike — 24.2% change
  • 2021-03-08: Highest IV Rank — 18.5%
  • 2021-03-04: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.22$46.65$50.50$47.71$50.41
Max Pain$45.52$45.00$49.00$49.00$45.00
ATM IV21.1%17.9%28.1%23.2%19.1%
Expected Move6.0%5.1%7.4%6.7%5.5%
HV 20d17.6%14.0%19.5%16.2%14.0%
HV 60d18.0%17.6%18.2%17.8%18.0%
IV Rank8.6%3.3%18.5%11.1%7.8%
IV Percentile16.4%0.8%68.7%30.2%4.8%
Term Structure0.6%-0.9%1.7%0.3%1.6%
VWIV18.6%17.5%19.7%19.7%17.5%
Skew 25d6.2%2.6%10.2%2.9%2.6%
Skew 10d7.2%2.9%15.8%7.2%6.9%
Call IV 25d17.5%14.2%22.9%22.6%15.3%
Put IV 25d23.7%18.0%28.1%25.5%18.0%
Bid-Ask Spread %100.7292.61106.5599.73106.55
Gamma HHI0.200.150.410.160.24
Net GEX101.7K62.6K275.8K79.5K63.5K
Net DEX-2.4M-2.9M-1.9M-2.2M-2.4M
Net VEX-5.1K-6.5K-3.0K-6.5K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.008.000.000.50
Total Volume27.1740100075
Total OI1,133.0438901,2851,175890

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$47.71$49.0023.2%6.7%16.2%11.1%0.0%2.9%0.3%79.5K-2.2M-6.5K0.0099.73N/AN/A00975200
2021-03-02$47.75$49.0023.3%6.7%15.7%11.2%0.0%5.1%-0.5%81.3K-2.2M-6.5K0.00104.07N/AN/A05975200
2021-03-03$47.19$49.0023.2%6.6%16.0%11.0%0.0%3.9%0.8%73.3K-2.0M-6.2K0.00106.42N/AN/A05975205
2021-03-04$46.65$45.0027.3%7.4%16.4%17.2%0.0%4.8%-0.9%63.7K-1.9M-6.3K0.0092.61N/AN/A200975210
2021-03-05$47.81$45.0022.6%6.2%18.8%10.1%0.0%7.4%1.7%84.4K-2.1M-6.0K0.0092.71N/AN/A1000975210
2021-03-08$48.36$45.0028.1%6.7%19.2%18.5%0.0%10.2%1.2%68.7K-2.1M-5.4K0.0094.08N/AN/A550875210
2021-03-09$48.54$45.0021.8%6.2%19.2%8.8%0.0%6.5%1.1%80.7K-2.3M-5.8K0.0095.43N/AN/A500925210
2021-03-10$48.61$45.0020.8%6.0%18.7%7.4%0.0%4.4%1.6%95.5K-2.3M-5.7K0.0099.05N/AN/A00975210
2021-03-11$49.14$45.0020.6%5.9%19.1%7.0%0.0%9.7%0.7%104.6K-2.4M-5.5K0.0099.63N/AN/A00975210
2021-03-12$49.71$45.0020.1%5.8%19.5%6.3%0.0%7.3%1.2%118.6K-2.6M-5.1K0.0099.22N/AN/A1000975210
2021-03-15$49.88$45.0021.3%6.1%19.5%8.2%0.0%4.0%0.8%171.0K-2.8M-5.4K0.00101.59N/AN/A001,075210
2021-03-16$49.69$45.0021.1%6.1%18.5%7.8%0.0%3.1%0.6%184.1K-2.8M-5.3K0.0099.83N/AN/A001,075210
2021-03-17$49.46$45.0021.0%6.0%18.6%7.9%0.0%5.3%0.8%148.5K-2.6M-5.2K0.11101.40N/AN/A4551,075210
2021-03-18$49.87$45.0020.1%5.8%18.7%6.4%0.0%9.6%0.6%177.8K-2.7M-5.1K0.0099.46N/AN/A001,075210
2021-03-19$50.43$45.0018.9%5.4%19.0%4.9%19.7%9.3%1.3%275.8K-2.9M-4.4K8.0099.58N/AN/A5401,075210
2021-03-22$50.20$45.0019.7%5.7%18.7%6.4%0.0%3.3%0.0%69.5K-2.6M-4.4K0.00103.26N/AN/A50860175
2021-03-23$49.54$45.0017.9%5.1%19.5%3.3%0.0%6.4%1.0%62.9K-2.5M-4.5K0.00103.13N/AN/A100860175
2021-03-24$49.88$45.0018.8%5.4%19.5%5.3%0.0%8.9%1.4%62.6K-2.5M-4.6K0.00102.71N/AN/A00865175
2021-03-25$49.97$45.0018.9%5.4%15.1%5.7%0.0%5.8%0.0%75.4K-2.6M-3.9K0.00102.11N/AN/A00865175
2021-03-26$50.26$45.0018.8%5.4%15.1%6.6%17.5%6.9%-0.0%66.5K-2.6M-4.3K0.00103.95N/AN/A50865175
2021-03-29$50.50$45.0019.2%5.5%14.8%7.7%0.0%7.2%-0.2%67.3K-2.4M-4.1K1.00103.69N/AN/A5050815175
2021-03-30$50.37$45.0020.4%5.8%14.9%10.9%0.0%7.3%-0.2%63.0K-2.4M-3.1K0.00106.26N/AN/A00765125
2021-03-31$50.41$45.0019.1%5.5%14.0%7.8%0.0%2.6%1.6%63.5K-2.4M-3.0K0.50106.55N/AN/A5025765125