IHF Options History — March 2022

In March 2022, IHF traded between $53.89 and $57.50. ATM implied volatility averaged 24.0%, placing in the 60.1% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 0.9% (HV 20d: 23.1%). Max pain ranged from $42.00 to $55.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.16.

Notable Days

  • 2022-03-31: Highest Volume — 1,895 contracts
  • 2022-03-07: Largest IV spike — 19.8% change
  • 2022-03-01: Highest IV Rank — 100.0%
  • 2022-03-08: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.91$53.89$57.50$54.40$56.85
Max Pain$46.83$42.00$55.00$52.00$42.00
ATM IV24.0%16.4%33.4%30.9%16.4%
Expected Move7.1%5.3%9.8%8.9%5.3%
HV 20d23.1%20.6%26.0%21.5%20.7%
HV 60d20.9%19.6%21.6%20.0%21.5%
IV Rank60.1%24.7%100.0%100.0%24.7%
IV Percentile78.8%21.4%100.0%100.0%21.4%
Term Structure0.0%-2.4%3.2%-2.4%3.2%
VWIV24.3%17.8%33.3%29.9%19.0%
Skew 25d6.1%0.8%14.0%10.6%1.3%
Skew 10d9.3%0.7%19.9%3.2%5.3%
Call IV 25d21.4%16.7%26.3%24.0%20.9%
Put IV 25d27.5%18.5%34.6%34.6%22.3%
Bid-Ask Spread %93.5584.92101.9391.6894.63
Gamma HHI0.130.110.160.110.16
Net GEX113.0K79.0K166.3K91.0K166.3K
Net DEX-3.3M-4.5M-2.3M-2.6M-4.5M
Net VEX-13.8K-15.0K-12.8K-14.4K-14.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.110.210.110.14
Total Volume1,649.7831,4951,8951,4951,895
Total OI1,897.8261,7002,2001,7002,200

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$54.40$52.0030.9%8.9%21.5%100.0%29.9%10.6%-2.4%91.0K-2.6M-14.4K0.1191.68N/AN/A1,3451501,395305
2022-03-02$55.54$52.0025.3%7.2%22.5%72.0%28.1%14.0%0.0%103.8K-2.9M-13.7K0.1398.54N/AN/A1,3451701,405305
2022-03-03$55.28$55.0028.9%8.3%21.7%90.1%28.3%8.8%-0.9%98.4K-2.9M-13.8K0.1498.82N/AN/A1,3551901,415325
2022-03-04$55.66$55.0027.9%8.0%21.8%85.2%30.6%10.3%-0.7%101.3K-3.0M-14.2K0.1598.46N/AN/A1,3652001,430335
2022-03-07$54.76$55.0033.4%9.6%22.7%100.0%33.3%5.3%-1.5%95.7K-2.8M-14.1K0.1599.26N/AN/A1,3552001,440345
2022-03-08$54.01$55.0030.4%9.8%23.2%86.7%32.2%8.8%-2.3%88.9K-2.5M-13.5K0.1599.59N/AN/A1,3552001,440345
2022-03-09$55.38$55.0028.0%9.0%23.5%76.2%31.0%8.1%-1.3%101.5K-2.9M-13.3K0.1597.69N/AN/A1,3552001,440345
2022-03-10$55.13$55.0027.0%7.9%23.5%71.3%30.5%8.7%-1.1%100.6K-2.7M-12.8K0.18101.42N/AN/A1,3552501,440345
2022-03-11$54.81$55.0025.8%8.2%23.3%66.1%29.4%6.3%0.1%87.5K-2.6M-13.6K0.18101.93N/AN/A1,3552501,440395
2022-03-14$53.89$42.0028.5%7.8%23.5%78.3%24.6%5.1%-0.5%79.0K-2.3M-12.9K0.2186.71N/AN/A1,2652601,440395
2022-03-15$55.35$42.0026.6%7.5%25.1%69.9%25.5%8.7%-0.1%88.3K-2.8M-13.2K0.2186.32N/AN/A1,2652651,450405
2022-03-16$55.45$42.0025.4%7.2%24.9%64.4%22.7%6.6%-0.2%97.2K-2.9M-13.4K0.2188.64N/AN/A1,2752651,460410
2022-03-17$56.82$42.0021.6%6.3%26.0%47.7%21.5%9.6%1.0%108.4K-3.3M-12.8K0.2084.92N/AN/A1,3102651,460415
2022-03-18$56.97$42.0020.5%6.1%24.6%43.0%19.5%4.3%0.8%115.0K-3.7M-13.8K0.2191.86N/AN/A1,3352751,500415
2022-03-21$56.58$42.0019.5%5.9%24.4%38.5%19.7%0.8%1.2%125.0K-3.5M-14.5K0.1690.87N/AN/A1,4852401,560380
2022-03-22$57.06$42.0020.1%5.9%24.1%40.9%18.7%3.0%1.1%128.0K-3.6M-14.4K0.1692.70N/AN/A1,4852401,560390
2022-03-23$56.36$42.0020.3%6.1%24.5%42.0%20.3%3.0%0.8%114.5K-3.3M-13.7K0.1691.96N/AN/A1,4852401,560390
2022-03-24$56.84$42.0019.3%5.7%24.6%37.6%18.8%8.2%0.5%117.5K-3.4M-13.2K0.1688.63N/AN/A1,4852401,560390
2022-03-25$56.83$42.0019.2%5.6%21.7%37.1%18.9%2.6%-0.0%124.3K-3.5M-13.4K0.1594.43N/AN/A1,5902401,560390
2022-03-28$57.20$42.0019.8%5.7%21.5%39.7%19.4%2.7%1.0%146.1K-4.3M-15.0K0.1592.47N/AN/A1,5902401,765390
2022-03-29$57.50$42.0018.8%5.5%21.5%35.4%18.4%1.1%0.6%159.5K-4.5M-14.7K0.1590.74N/AN/A1,5902351,765390
2022-03-30$57.29$42.0018.9%5.6%20.6%35.9%17.8%3.1%0.8%160.7K-4.5M-14.5K0.1489.49N/AN/A1,6602301,765395
2022-03-31$56.85$42.0016.4%5.3%20.7%24.7%19.0%1.3%3.2%166.3K-4.5M-14.4K0.1494.63N/AN/A1,6602351,805395