IHF Options History — January 2023

In January 2023, IHF traded between $51.55 and $53.28. ATM implied volatility averaged 19.6%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 7.1% (HV 20d: 12.4%). Max pain ranged from $52.00 to $56.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 14.88.

Notable Days

  • 2023-01-30: Highest Volume — 725 contracts
  • 2023-01-30: Largest IV spike — 14.3% change
  • 2023-01-11: Highest IV Rank — 24.8%
  • 2023-01-09: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.31$51.55$53.28$52.69$53.28
Max Pain$52.55$52.00$56.00$56.00$53.00
ATM IV19.6%17.4%21.4%20.7%19.3%
Expected Move5.7%5.0%6.3%5.9%5.5%
HV 20d12.4%11.4%13.3%12.0%13.3%
HV 60d16.0%15.1%18.2%18.2%15.4%
IV Rank15.7%4.8%24.8%21.2%14.2%
IV Percentile10.1%0.4%24.6%18.7%8.3%
Term Structure0.7%-1.0%3.2%0.6%-0.7%
VWIV19.2%15.9%21.8%21.1%18.5%
Skew 25d3.8%1.8%6.8%2.7%2.9%
Skew 10d7.3%1.1%14.4%5.5%14.4%
Call IV 25d17.9%14.9%20.2%19.5%18.6%
Put IV 25d21.7%19.9%24.2%22.1%21.4%
Bid-Ask Spread %90.7783.6399.5485.7896.97
Gamma HHI0.190.120.340.140.34
Net GEX-50.6K-293.2K19.0K-12.2K-293.2K
Net DEX-781.0K-1.4M3.2K-489.2K-258.3K
Net VEX-10.4K-14.1K-9.2K-11.7K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio14.880.00144.008.000.00
Total Volume121.25107254550
Total OI2,892.252,6203,6602,6553,660

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$52.69$56.0020.7%5.9%12.0%21.2%0.0%2.7%0.6%-12.2K-489.2K-11.7K8.0085.78N/AN/A5401,685970
2023-01-04$52.17$56.0019.7%5.6%12.2%16.2%0.0%4.4%0.9%-21.8K-199.0K-9.9K5.0090.61N/AN/A5251,680940
2023-01-05$51.55$53.0020.0%6.1%12.7%17.6%21.1%4.8%0.9%-29.6K3.2K-10.1K26.0085.70N/AN/A51301,685965
2023-01-06$51.90$53.0019.5%5.8%12.7%15.3%0.0%3.7%1.9%-19.5K-67.0K-9.7K0.0085.44N/AN/A0551,690945
2023-01-09$51.71$52.0020.4%6.3%12.4%19.9%21.8%4.3%1.0%-41.0K-7.2K-9.2K11.5088.88N/AN/A101151,690995
2023-01-10$51.70$52.0020.9%5.9%12.4%22.2%20.7%3.9%1.6%-62.5K-187.2K-9.5K0.9283.63N/AN/A65601,6951,005
2023-01-11$52.29$52.0021.4%6.1%13.0%24.8%19.8%4.2%1.0%-31.2K-649.3K-10.3K12.0085.40N/AN/A5601,7651,005
2023-01-12$52.49$52.0020.0%5.7%13.0%17.7%19.9%2.7%1.6%-29.2K-684.8K-9.9K0.2686.09N/AN/A115301,7701,065
2023-01-13$52.76$52.0017.4%5.0%13.2%4.8%15.9%3.4%3.2%-21.9K-789.8K-9.5K34.0086.72N/AN/A51701,6751,080
2023-01-17$52.55$52.0018.0%5.2%11.4%8.1%18.1%3.1%2.1%-36.2K-1.2M-9.9K0.4086.82N/AN/A150601,7801,115
2023-01-18$51.87$52.0019.4%5.6%11.9%15.0%19.4%4.3%1.5%-76.6K-942.4K-10.8K0.5588.35N/AN/A100551,8751,145
2023-01-19$52.25$52.0019.8%5.7%12.2%17.0%19.5%4.5%-0.1%19.0K-1.1M-11.0K5.0087.97N/AN/A5251,9701,195
2023-01-20$52.27$52.0019.4%5.6%12.2%15.0%0.0%3.4%0.2%-61.1K-1.2M-10.9K0.0088.85N/AN/A02151,9751,190
2023-01-23$52.56$52.0018.9%5.4%12.0%12.4%17.9%2.8%-0.4%-50.1K-1.3M-10.4K0.3395.88N/AN/A30101,8301,060
2023-01-24$52.05$52.0018.9%5.4%12.4%12.3%17.6%4.3%0.4%-63.6K-1.2M-10.1K1.0098.41N/AN/A551,8451,070
2023-01-25$52.39$52.0019.7%5.7%12.6%16.4%18.7%6.8%-0.8%-61.9K-1.2M-10.4K4.0097.72N/AN/A5201,8451,075
2023-01-26$52.63$52.0018.6%5.3%12.8%11.1%18.9%2.6%-1.0%-46.6K-1.4M-10.7K0.0098.94N/AN/A5001,8501,095
2023-01-27$52.64$52.0018.4%5.3%12.5%9.9%18.8%5.4%-0.4%-39.4K-1.4M-10.4K0.0099.54N/AN/A0151,8951,095
2023-01-30$52.45$52.0021.0%6.0%12.0%22.9%20.6%1.8%0.1%-34.5K-1.4M-10.0K144.0097.71N/AN/A57201,8951,080
2023-01-31$53.28$53.0019.3%5.5%13.3%14.2%18.5%2.9%-0.7%-293.2K-258.3K-14.1K0.0096.97N/AN/A5001,9001,760