IHF Options History — December 2021

In December 2021, IHF traded between $51.90 and $58.53. ATM implied volatility averaged 20.1%, placing in the 51.5% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 1.4% (HV 20d: 18.6%). Max pain ranged from $52.00 to $56.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2021-12-30: Highest Volume — 1,895 contracts
  • 2021-12-13: Largest IV spike — 22.0% change
  • 2021-12-03: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.75$51.90$58.53$52.00$58.26
Max Pain$54.73$52.00$56.00$53.00$56.00
ATM IV20.1%16.0%28.9%24.1%17.4%
Expected Move5.7%4.6%8.3%6.9%5.0%
HV 20d18.6%14.1%20.9%18.0%14.5%
HV 60d17.7%17.2%18.1%17.6%17.2%
IV Rank51.5%28.9%100.0%76.0%36.8%
IV Percentile55.1%13.5%100.0%90.5%36.5%
Term Structure0.9%-3.5%3.3%-0.7%-1.0%
VWIV23.1%17.7%30.7%26.2%18.3%
Skew 25d5.2%1.3%11.7%5.2%2.7%
Skew 10d7.4%-1.0%16.7%-1.0%2.0%
Call IV 25d18.0%13.7%26.4%22.1%17.9%
Put IV 25d23.2%19.0%31.4%27.3%20.6%
Bid-Ask Spread %93.7376.67104.4498.58104.44
Gamma HHI0.130.100.170.110.16
Net GEX108.7K26.5K167.6K26.5K167.6K
Net DEX-3.8M-5.3M-2.1M-2.1M-5.3M
Net VEX-10.3K-12.1K-8.4K-9.9K-12.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.170.300.300.23
Total Volume1,524.7731,2851,8951,2901,805
Total OI1,679.7731,5651,7901,5651,790

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$52.00$53.0024.1%6.9%18.0%76.0%26.2%5.2%-0.7%26.5K-2.1M-9.9K0.3098.58N/AN/A9903001,105460
2021-12-02$52.48$53.0026.8%7.7%16.1%91.0%29.7%11.7%-3.5%32.4K-2.2M-10.2K0.2999.04N/AN/A1,0052951,135465
2021-12-03$51.90$53.0028.9%8.3%16.2%100.0%27.6%2.5%-2.7%28.0K-2.1M-10.6K0.30100.44N/AN/A9902951,135465
2021-12-06$53.15$52.0026.1%7.0%18.8%84.8%30.7%9.7%-0.1%43.0K-2.4M-10.1K0.3084.84N/AN/A9902951,115470
2021-12-07$53.91$52.0021.3%5.9%19.3%58.0%23.4%9.7%2.1%59.8K-2.7M-9.5K0.3086.75N/AN/A1,0003051,115470
2021-12-08$54.49$55.0017.6%5.5%19.9%37.4%22.9%4.6%1.7%71.4K-3.0M-8.4K0.3094.76N/AN/A1,0003051,115480
2021-12-09$54.65$55.0018.4%5.3%19.9%42.3%24.2%3.9%3.3%65.0K-3.0M-8.8K0.2876.67N/AN/A1,0953051,115480
2021-12-10$55.30$55.0017.9%5.2%20.4%39.2%22.2%5.3%2.2%107.7K-3.4M-9.5K0.2896.92N/AN/A1,0953051,210480
2021-12-13$55.45$55.0021.8%5.3%20.1%61.0%21.6%4.0%1.4%133.1K-3.4M-9.5K0.2898.94N/AN/A1,1003051,225480
2021-12-14$55.50$55.0018.9%5.3%19.6%44.9%24.8%1.7%1.3%116.8K-3.5M-9.5K0.2890.58N/AN/A1,1003051,220480
2021-12-15$56.65$55.0017.8%5.1%20.9%38.4%22.7%9.2%2.4%128.2K-3.9M-9.4K0.2895.75N/AN/A1,1003051,220480
2021-12-16$56.60$55.0019.2%5.5%20.9%46.4%23.8%5.4%0.3%128.1K-4.0M-9.6K0.2696.61N/AN/A1,1703051,220480
2021-12-17$56.65$55.0020.4%5.8%20.6%52.9%24.1%6.5%1.0%157.2K-4.3M-10.4K0.2293.01N/AN/A1,3703051,305480
2021-12-20$55.92$55.0022.0%6.3%19.6%61.8%25.2%4.8%0.3%114.8K-4.2M-11.5K0.1790.72N/AN/A1,3252201,380400
2021-12-21$56.49$55.0021.3%6.1%19.8%57.8%24.5%6.3%1.5%121.6K-4.3M-11.3K0.1783.84N/AN/A1,3302201,380400
2021-12-22$57.01$55.0018.1%5.2%19.9%40.6%21.4%5.9%1.9%133.5K-4.6M-10.9K0.2589.82N/AN/A1,3353351,385400
2021-12-23$57.58$56.0016.1%4.6%20.1%29.3%19.6%4.9%1.4%134.6K-4.8M-10.9K0.2691.31N/AN/A1,3403451,390225
2021-12-27$57.68$56.0016.8%4.8%18.3%32.9%18.9%1.7%1.6%141.9K-4.9M-10.3K0.2590.78N/AN/A1,3503401,395220
2021-12-28$58.04$56.0017.3%5.0%18.3%36.1%19.7%6.2%0.9%148.0K-5.1M-10.4K0.2296.55N/AN/A1,5503351,400225
2021-12-29$58.22$56.0017.3%5.0%14.5%36.2%18.5%1.3%1.5%164.1K-5.2M-12.1K0.22100.34N/AN/A1,5503351,550230
2021-12-30$58.53$56.0016.0%4.6%14.1%28.9%17.7%1.6%2.0%167.4K-5.3M-12.0K0.21101.36N/AN/A1,5603351,550230
2021-12-31$58.26$56.0017.4%5.0%14.5%36.8%18.3%2.7%-1.0%167.6K-5.3M-12.1K0.23104.44N/AN/A1,4653401,560230