IHF Options History — April 2021

In April 2021, IHF traded between $49.72 and $52.94. ATM implied volatility averaged 17.3%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 5.7% (HV 20d: 11.6%). Max pain ranged from $39.40 to $51.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.90.

Notable Days

  • 2021-04-15: Highest Volume — 3,720 contracts
  • 2021-04-12: Largest IV spike — 106.0% change
  • 2021-04-13: Highest IV Rank — 49.9%
  • 2021-04-05: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.55$49.72$52.94$50.04$52.50
Max Pain$47.06$39.40$51.00$45.00$51.00
ATM IV17.3%10.8%25.1%18.4%16.3%
Expected Move4.8%4.5%5.3%5.3%4.7%
HV 20d11.6%10.9%13.4%13.4%11.6%
HV 60d15.7%14.2%18.1%18.1%14.3%
IV Rank18.1%0.0%49.9%6.1%19.2%
IV Percentile6.5%0.0%58.3%2.0%3.2%
Term Structure0.9%-0.8%2.7%1.5%0.5%
VWIV15.8%11.6%20.5%20.5%13.0%
Skew 25d2.8%-0.8%7.6%-0.8%0.5%
Skew 10d4.0%0.5%9.2%4.7%2.6%
Call IV 25d15.5%11.9%18.1%18.1%15.9%
Put IV 25d18.3%16.4%20.4%17.3%16.4%
Bid-Ask Spread %102.14100.42105.74105.74104.19
Gamma HHI0.600.240.930.240.85
Net GEX-588.6K-1.4M164.2K63.8K-1.2M
Net DEX-278.3K-2.9M3.6M-2.3M1.3M
Net VEX-10.8K-22.6K-2.3K-3.1K-15.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.0015.910.030.00
Total Volume291.66703,72000
Total OI2,841.198404,6659004,595

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$50.04$45.0018.4%5.3%13.4%6.1%0.0%-0.8%1.5%63.8K-2.3M-3.1K0.00105.74N/AN/A00765135
2021-04-05$50.35$39.4019.9%5.3%11.0%11.1%0.0%1.6%1.4%65.4K-2.3M-2.6K0.03100.57N/AN/A2005715125
2021-04-06$49.91$39.4016.9%5.2%11.2%2.9%0.0%2.1%1.3%70.0K-2.7M-2.7K0.00100.42N/AN/A00815125
2021-04-07$49.72$39.4016.8%5.0%11.3%3.0%20.5%3.6%2.0%69.1K-2.6M-2.7K0.00100.52N/AN/A070815125
2021-04-08$49.82$44.0019.0%4.9%11.3%10.9%0.0%2.6%1.5%59.0K-2.6M-2.9K0.00101.64N/AN/A00815195
2021-04-09$50.52$44.0010.8%4.7%11.7%0.0%0.0%4.5%1.6%61.4K-2.7M-2.7K0.00100.57N/AN/A00815195
2021-04-12$50.68$44.0022.3%4.9%11.1%39.9%19.7%4.0%1.6%131.3K-2.4M-2.8K0.00101.26N/AN/A50850195
2021-04-13$50.71$44.0025.1%4.7%11.0%49.9%16.0%2.3%2.7%136.3K-2.4M-2.6K0.16101.68N/AN/A1,435230850195
2021-04-14$50.91$44.0016.9%4.9%10.9%21.4%0.0%3.0%1.7%136.4K-2.4M-2.5K1.00101.61N/AN/A2525850195
2021-04-15$51.98$44.0016.1%4.6%12.7%18.4%17.2%7.6%0.5%164.2K-2.9M-2.3K15.91101.65N/AN/A2203,500850195
2021-04-16$52.29$51.0015.8%4.5%12.6%17.4%0.0%-0.0%0.7%-1.2M2.3M-22.6K0.00102.01N/AN/A009703,695
2021-04-19$51.99$51.0016.3%4.7%12.5%19.3%11.9%1.3%0.5%-1.2M3.4M-21.7K0.00101.98N/AN/A0457053,620
2021-04-20$52.07$51.0016.9%4.8%12.3%21.3%0.0%2.4%-0.2%-1.3M3.6M-21.5K0.00101.93N/AN/A10007053,665
2021-04-21$52.63$51.0016.0%4.6%11.3%18.1%11.6%4.8%-0.8%-1.3M2.2M-18.6K0.00102.56N/AN/A13007553,665
2021-04-22$52.71$51.0016.0%4.6%11.2%18.2%16.6%3.7%0.8%-1.1M1.5M-19.1K0.00102.21N/AN/A0308853,665
2021-04-23$52.93$51.0015.7%4.5%11.2%16.9%13.0%4.3%1.3%-1.3M1.2M-16.8K0.00102.49N/AN/A10008853,675
2021-04-26$52.94$51.0017.1%4.9%11.2%22.0%0.0%5.2%-0.2%-1.0M920.1K-16.8K0.00102.91N/AN/A009353,655
2021-04-27$52.65$51.0017.2%4.9%11.5%22.4%0.0%2.2%-0.4%-1.1M774.9K-16.0K0.00102.39N/AN/A009353,655
2021-04-28$52.40$51.0017.5%5.0%11.6%23.4%0.0%1.7%0.2%-1.2M1.5M-16.6K0.00102.97N/AN/A009353,655
2021-04-29$52.79$51.0016.0%4.6%11.8%18.2%0.0%2.3%0.8%-1.4M939.9K-14.9K0.00103.71N/AN/A509353,655
2021-04-30$52.50$51.0016.3%4.7%11.6%19.2%0.0%0.5%0.5%-1.2M1.3M-15.9K0.00104.19N/AN/A009403,655