IHF Options History — November 2021

In November 2021, IHF traded between $52.17 and $56.55. ATM implied volatility averaged 19.6%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 3.5% (HV 20d: 16.1%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-11-09: Highest Volume — 1,545 contracts
  • 2021-11-30: Largest IV spike — 21.4% change
  • 2021-11-30: Highest IV Rank — 79.6%
  • 2021-11-30: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.18$52.17$56.55$55.71$52.17
Max Pain$50.71$50.00$53.00$52.00$53.00
ATM IV19.6%17.3%24.8%17.3%24.8%
Expected Move5.6%5.0%7.1%5.0%7.1%
HV 20d16.1%13.6%18.2%15.9%18.2%
HV 60d16.3%15.3%17.6%15.3%17.6%
IV Rank48.2%22.6%79.6%22.6%79.6%
IV Percentile55.0%32.5%91.7%32.5%91.7%
Term Structure1.3%-1.8%3.6%0.9%-0.5%
VWIV20.5%17.0%29.9%19.3%23.1%
Skew 25d1.7%-3.9%6.7%1.6%1.3%
Skew 10d3.1%-5.3%9.5%1.1%0.7%
Call IV 25d18.6%13.5%25.9%16.9%23.4%
Put IV 25d20.4%13.3%26.1%18.4%24.7%
Bid-Ask Spread %97.5990.96102.0198.36100.70
Gamma HHI0.140.120.200.150.12
Net GEX114.4K55.9K163.0K109.1K59.7K
Net DEX-3.4M-4.2M-2.4M-3.5M-2.4M
Net VEX-7.7K-9.0K-7.0K-7.1K-9.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.170.400.240.40
Total Volume1,371.4291,0101,5451,2751,385
Total OI1,602.1431,1251,8051,6951,350

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$55.71$52.0017.3%5.0%15.9%22.6%19.3%1.6%0.9%109.1K-3.5M-7.1K0.2498.36N/AN/A1,0302451,065630
2021-11-02$55.18$52.0018.4%5.3%16.7%26.7%20.6%-3.9%0.7%101.5K-3.4M-7.0K0.2399.23N/AN/A1,0502401,065630
2021-11-03$56.43$52.0020.1%5.8%17.4%37.6%18.5%3.9%-1.8%114.6K-3.8M-7.0K0.2398.69N/AN/A1,0652401,090530
2021-11-04$55.88$50.0018.9%5.2%17.3%46.5%18.8%1.4%3.0%131.2K-3.8M-7.3K0.2293.31N/AN/A1,1702601,115530
2021-11-05$56.01$50.0019.3%5.7%17.2%48.4%20.0%1.8%1.8%127.8K-3.9M-9.0K0.2095.94N/AN/A1,2702601,220550
2021-11-08$56.49$50.0021.1%5.6%16.6%59.0%20.3%3.5%2.0%128.5K-4.0M-8.0K0.2090.96N/AN/A1,2702601,220550
2021-11-09$56.22$50.0019.9%5.6%16.8%51.7%20.2%2.6%2.4%127.9K-3.9M-8.5K0.2094.88N/AN/A1,2852601,220550
2021-11-10$55.97$50.0019.4%5.6%17.0%48.9%19.7%1.3%2.1%135.3K-3.9M-8.4K0.2094.71N/AN/A1,2852601,240550
2021-11-11$56.04$50.0019.0%5.4%15.9%46.8%18.5%4.2%2.3%137.3K-3.9M-7.9K0.1794.61N/AN/A1,2852151,240550
2021-11-12$56.55$50.0018.0%5.1%15.7%40.9%17.0%1.7%3.1%138.9K-4.2M-7.7K0.1894.23N/AN/A1,2852351,240550
2021-11-15$55.79$50.0017.8%5.1%16.4%39.9%19.2%-1.3%3.6%144.7K-4.0M-7.7K0.1897.21N/AN/A1,2852351,245560
2021-11-16$55.87$50.0018.4%5.3%16.3%43.5%19.0%6.7%2.3%148.9K-3.9M-7.5K0.18100.55N/AN/A1,2852351,240560
2021-11-17$55.68$50.0017.9%5.1%13.9%40.4%18.6%4.8%3.1%147.2K-3.8M-7.4K0.18101.69N/AN/A1,2852351,240560
2021-11-18$55.24$50.0018.1%5.2%13.6%41.4%18.6%0.1%1.5%163.0K-3.6M-7.2K0.18102.01N/AN/A1,2952351,235560
2021-11-19$54.09$50.0020.9%6.0%15.6%57.5%19.8%-3.5%-0.2%158.3K-3.0M-7.1K0.1999.71N/AN/A1,2952401,230560
2021-11-22$54.32$50.0019.5%5.6%15.7%49.6%17.7%-0.2%0.9%78.5K-2.8M-7.2K0.18100.44N/AN/A855155970155
2021-11-23$54.20$50.0020.3%5.8%15.3%54.5%21.0%2.8%-1.3%70.3K-2.7M-7.1K0.21100.86N/AN/A860180970215
2021-11-24$54.24$50.0019.8%5.7%15.1%51.1%22.7%6.3%0.2%61.9K-2.7M-7.3K0.2293.24N/AN/A860185975240
2021-11-26$53.20$53.0023.4%6.7%16.1%71.9%29.9%-0.5%1.1%55.9K-2.5M-8.2K0.2196.73N/AN/A865185975245
2021-11-29$53.54$53.0020.4%5.8%16.1%54.7%27.7%2.2%0.6%61.1K-2.5M-7.8K0.19101.26N/AN/A990185980245
2021-11-30$52.17$53.0024.8%7.1%18.2%79.6%23.1%1.3%-0.5%59.7K-2.4M-9.0K0.40100.70N/AN/A9903951,105245