IHF Options History — April 2023

In April 2023, IHF traded between $50.29 and $52.82. ATM implied volatility averaged 17.9%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 3.7% (HV 20d: 21.6%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.38.

Notable Days

  • 2023-04-20: Highest Volume — 305 contracts
  • 2023-04-26: Largest IV spike — 11.8% change
  • 2023-04-26: Highest IV Rank — 20.3%
  • 2023-04-26: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.38$50.29$52.82$50.68$51.31
Max Pain$50.16$50.00$51.00$51.00$50.00
ATM IV17.9%15.9%20.1%17.7%17.6%
Expected Move5.2%4.6%5.8%5.1%5.1%
HV 20d21.6%19.6%24.0%23.4%20.4%
HV 60d18.2%17.2%19.0%17.2%18.9%
IV Rank8.9%0.0%20.3%7.5%8.2%
IV Percentile7.3%0.0%30.2%4.0%6.3%
Term Structure0.4%-1.9%1.4%0.4%-0.2%
VWIV17.5%13.2%24.6%18.9%17.9%
Skew 25d4.5%3.0%5.3%5.0%4.2%
Skew 10d9.2%5.9%15.6%7.3%11.0%
Call IV 25d15.7%13.9%17.0%15.9%13.9%
Put IV 25d20.2%18.1%22.3%20.9%18.1%
Bid-Ask Spread %91.9286.9896.3393.5496.33
Gamma HHI0.100.090.130.090.10
Net GEX40.8K-48.7K146.4K-12.3K16.2K
Net DEX-1.6M-2.8M-885.3K-1.1M-1.6M
Net VEX-9.9K-11.3K-8.5K-10.6K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.0011.200.670.67
Total Volume72.10503052550
Total OI2,880.5262,4903,3302,8702,500

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$50.68$51.0017.7%5.1%23.4%7.5%18.9%5.0%0.4%-12.3K-1.1M-10.6K0.6793.54N/AN/A15101,5301,340
2023-04-04$50.44$51.0019.2%5.5%22.7%14.8%0.0%3.7%0.6%-22.4K-1.0M-10.6K1.0093.45N/AN/A551,5401,335
2023-04-05$51.61$51.0017.9%5.1%24.0%8.3%15.8%4.5%0.8%50.6K-1.8M-11.3K0.0093.64N/AN/A2001,5451,340
2023-04-06$51.65$50.0017.6%5.3%22.6%7.0%18.5%5.0%0.6%51.1K-1.8M-10.8K0.4786.98N/AN/A75351,5551,340
2023-04-10$51.75$50.0018.6%5.4%21.6%11.8%21.1%5.3%0.0%73.6K-1.9M-10.6K0.2588.86N/AN/A2051,6251,335
2023-04-11$52.46$50.0019.5%5.6%21.9%16.4%18.1%4.9%-0.3%130.1K-2.5M-10.6K0.5388.15N/AN/A150801,6251,340
2023-04-12$52.29$50.0018.8%5.4%22.0%12.9%24.6%4.6%1.0%114.6K-2.4M-10.5K3.5088.84N/AN/A10351,6101,395
2023-04-13$52.82$50.0018.2%5.2%22.0%9.8%15.5%4.8%0.3%146.4K-2.8M-10.2K0.0089.83N/AN/A9001,6201,380
2023-04-14$51.96$50.0017.4%5.0%22.3%5.8%13.2%4.5%1.1%117.7K-2.1M-10.0K0.5090.11N/AN/A80401,6851,380
2023-04-17$51.90$50.0017.2%4.9%21.4%4.8%15.8%4.9%0.8%86.9K-2.0M-10.0K0.0090.30N/AN/A0151,6851,410
2023-04-18$51.88$50.0017.2%4.9%21.1%4.9%0.0%4.8%0.8%86.7K-2.0M-9.7K0.0090.67N/AN/A001,6851,410
2023-04-19$50.60$50.0016.9%4.9%22.7%3.7%17.1%5.0%1.3%-5.3K-1.0M-9.0K0.6789.26N/AN/A30201,6851,410
2023-04-20$50.39$50.0017.0%4.9%22.6%4.1%21.0%4.0%0.4%-9.8K-885.3K-8.5K11.2092.75N/AN/A252801,6901,420
2023-04-21$50.68$50.0015.9%4.6%20.1%0.0%14.8%3.8%1.4%-48.7K-937.4K-9.1K0.3595.22N/AN/A155551,6701,660
2023-04-24$51.29$50.0017.3%5.0%20.0%6.8%16.9%4.4%-0.1%-12.0K-1.4M-9.3K0.5094.17N/AN/A30151,4551,035
2023-04-25$51.00$50.0018.0%5.2%19.9%10.0%13.7%4.6%-1.9%5.8K-1.4M-9.4K0.3394.04N/AN/A1551,4751,020
2023-04-26$50.29$50.0020.1%5.8%19.6%20.3%0.0%3.0%-0.1%-2.4K-1.0M-9.4K0.0095.52N/AN/A001,4851,015
2023-04-27$51.17$50.0018.4%5.3%20.4%11.6%0.0%4.5%0.6%9.4K-1.4M-9.3K0.0094.74N/AN/A001,4851,015
2023-04-28$51.31$50.0017.6%5.1%20.4%8.2%17.9%4.2%-0.2%16.2K-1.6M-8.7K0.6796.33N/AN/A30201,4851,015