IHF Options History — January 2022

In January 2022, IHF traded between $51.84 and $57.96. ATM implied volatility averaged 22.9%, placing in the 66.2% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 3.9% (HV 20d: 19.0%). Max pain ranged from $44.00 to $57.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.34.

Notable Days

  • 2022-01-13: Highest Volume — 2,420 contracts
  • 2022-01-21: Largest IV spike — 19.8% change
  • 2022-01-25: Highest IV Rank — 100.0%
  • 2022-01-25: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.22$51.84$57.96$57.96$53.42
Max Pain$53.05$44.00$57.00$56.00$53.00
ATM IV22.9%17.9%29.6%19.1%24.6%
Expected Move6.5%5.1%8.5%5.5%7.1%
HV 20d19.0%13.1%21.1%13.8%21.1%
HV 60d18.5%16.8%19.1%16.8%18.5%
IV Rank66.2%39.1%100.0%46.1%73.8%
IV Percentile80.3%41.3%100.0%59.1%92.1%
Term Structure-0.1%-2.9%2.1%0.3%-2.1%
VWIV22.4%17.8%27.3%17.8%23.8%
Skew 25d4.2%-4.4%12.8%2.2%8.5%
Skew 10d8.6%-7.7%22.8%-3.3%21.1%
Call IV 25d21.4%17.6%27.0%17.6%22.6%
Put IV 25d25.6%17.7%36.8%19.8%31.1%
Bid-Ask Spread %95.2282.61102.27102.2799.22
Gamma HHI0.120.090.150.150.10
Net GEX54.5K-14.4K165.3K165.3K-14.4K
Net DEX-3.1M-5.2M-1.7M-5.2M-2.3M
Net VEX-15.4K-17.7K-10.7K-11.7K-14.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.230.460.230.27
Total Volume2,161.51,8152,4201,8151,975
Total OI2,307.251,8002,5701,8002,405

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$57.96$56.0019.1%5.5%13.8%46.1%17.8%2.2%0.3%165.3K-5.2M-11.7K0.23102.27N/AN/A1,4753401,565235
2022-01-04$57.36$56.0017.9%5.1%13.1%39.1%17.9%-4.4%1.8%162.3K-5.1M-11.8K0.23101.37N/AN/A1,4753451,575235
2022-01-05$56.92$57.0019.1%5.5%13.1%45.9%19.3%-1.3%1.1%153.5K-4.8M-11.6K0.24100.88N/AN/A1,4753501,575240
2022-01-06$54.73$44.0021.2%6.0%19.5%57.4%22.3%1.3%1.0%122.1K-3.9M-10.7K0.4094.63N/AN/A1,6506551,575235
2022-01-07$54.30$53.0021.6%6.1%19.7%59.5%21.3%2.7%0.6%69.5K-3.3M-16.7K0.4094.18N/AN/A1,6456651,745535
2022-01-10$54.51$53.0022.0%6.1%19.3%61.7%20.9%5.9%0.3%64.8K-3.3M-16.7K0.4282.61N/AN/A1,6456901,775555
2022-01-11$55.59$53.0019.0%5.3%20.6%45.5%20.0%5.1%1.8%83.8K-4.0M-16.9K0.3485.40N/AN/A1,6505651,770570
2022-01-12$55.08$53.0020.5%5.9%20.8%53.5%20.7%4.5%0.9%70.5K-3.7M-17.3K0.4689.83N/AN/A1,6507551,785600
2022-01-13$54.76$53.0020.2%5.8%19.4%52.0%21.2%3.6%0.7%43.5K-3.5M-17.7K0.4589.68N/AN/A1,6657551,805705
2022-01-14$54.81$53.0021.2%6.1%19.4%57.8%20.7%2.8%0.8%47.0K-3.4M-17.1K0.3994.29N/AN/A1,6556451,805700
2022-01-18$53.50$53.0022.8%6.5%21.0%66.4%24.4%1.3%2.1%15.5K-2.8M-17.2K0.3994.80N/AN/A1,6756451,805705
2022-01-19$53.28$53.0023.3%6.7%20.6%69.2%23.1%3.8%0.3%40.9K-2.6M-17.0K0.4194.35N/AN/A1,6856851,830720
2022-01-20$53.54$53.0021.6%6.2%20.3%59.5%21.9%5.3%1.0%22.4K-2.7M-16.6K0.4197.52N/AN/A1,6856851,825745
2022-01-21$52.67$53.0025.8%7.4%20.3%83.1%24.3%4.7%-2.9%-10.1K-2.1M-16.3K0.4097.28N/AN/A1,6856801,825745
2022-01-24$52.78$53.0028.8%8.3%19.8%99.6%26.0%12.8%-2.7%28.5K-2.2M-16.2K0.2494.84N/AN/A1,6203951,760620
2022-01-25$52.43$53.0029.6%8.5%19.7%100.0%26.1%9.4%-2.1%23.0K-2.0M-16.0K0.2495.52N/AN/A1,6303951,760645
2022-01-26$51.84$53.0028.1%8.0%19.4%92.1%27.3%3.9%-2.5%18.9K-1.8M-15.5K0.2398.18N/AN/A1,7203901,775645
2022-01-27$52.25$53.0027.5%7.9%19.7%89.1%26.1%4.9%-1.6%-6.5K-1.7M-14.9K0.2898.15N/AN/A1,5404251,705650
2022-01-28$52.67$53.0024.3%7.0%19.9%72.1%22.9%7.1%-0.7%-10.7K-1.8M-14.8K0.2899.49N/AN/A1,5404251,725670
2022-01-31$53.42$53.0024.6%7.1%21.1%73.8%23.8%8.5%-2.1%-14.4K-2.3M-14.8K0.2799.22N/AN/A1,5504251,735670