IHF Options History — August 2023

In August 2023, IHF traded between $49.70 and $52.50. ATM implied volatility averaged 15.6%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 1.3% (HV 20d: 14.3%). Max pain ranged from $50.00 to $54.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 1.13.

Notable Days

  • 2023-08-17: Highest Volume — 245 contracts
  • 2023-08-16: Largest IV spike — 16.2% change
  • 2023-08-18: Highest IV Rank — 30.6%
  • 2023-08-18: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.21$49.70$52.50$52.22$49.70
Max Pain$52.91$50.00$54.00$50.00$52.00
ATM IV15.6%13.6%18.7%14.7%14.9%
Expected Move4.5%3.9%5.4%4.2%4.3%
HV 20d14.3%10.7%16.9%16.9%14.9%
HV 60d17.2%16.7%17.7%17.3%17.1%
IV Rank15.2%5.3%30.6%10.8%11.7%
IV Percentile14.9%2.0%41.7%8.7%11.1%
Term Structure0.5%-0.7%2.3%0.3%0.7%
VWIV15.5%7.7%21.3%16.4%7.7%
Skew 25d3.1%0.3%7.5%2.5%2.5%
Skew 10d5.8%0.8%11.9%3.6%0.8%
Call IV 25d13.9%11.1%15.9%14.7%13.9%
Put IV 25d17.0%14.4%21.8%17.1%16.4%
Bid-Ask Spread %92.5081.46104.5495.4798.12
Gamma HHI0.180.140.250.180.14
Net GEX88.2K-53.2K147.1K133.5K39.5K
Net DEX-1.3M-2.8M-8.6K-2.6M-90.0K
Net VEX-11.8K-13.7K-9.2K-13.5K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.0011.250.200.00
Total Volume32.39102451020
Total OI2,311.5221,6502,8202,6451,680

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$52.22$50.0014.7%4.2%16.9%10.8%16.4%2.5%0.3%133.5K-2.6M-13.5K0.0095.47N/AN/A0101,4751,170
2023-08-02$52.47$50.0016.0%4.6%16.7%17.2%15.8%2.2%-0.3%135.1K-2.8M-13.4K0.2096.34N/AN/A2551,4751,170
2023-08-03$52.12$54.0016.6%4.6%16.6%20.1%0.0%3.5%-0.0%130.7K-2.4M-13.7K0.0081.46N/AN/A001,4901,175
2023-08-04$51.89$54.0015.5%4.4%16.4%14.8%0.0%3.6%0.4%116.8K-2.1M-13.4K0.3382.33N/AN/A60201,4901,175
2023-08-07$52.50$54.0015.3%4.4%16.6%13.4%21.3%3.0%0.2%141.9K-2.7M-13.3K0.1885.14N/AN/A55101,5301,185
2023-08-08$52.19$54.0016.9%4.5%16.8%21.5%0.0%3.4%0.7%135.5K-2.5M-13.1K0.0086.48N/AN/A501,5101,185
2023-08-09$51.83$54.0015.9%4.6%15.5%16.8%0.0%4.0%1.0%119.9K-2.1M-13.0K0.0085.31N/AN/A0501,5151,185
2023-08-10$51.65$54.0015.9%4.6%15.6%16.6%0.0%3.4%0.6%115.2K-2.0M-12.8K0.0088.75N/AN/A001,5151,190
2023-08-11$52.08$54.0015.6%4.5%12.3%15.2%0.0%4.1%0.5%147.1K-2.4M-12.4K0.0088.40N/AN/A2501,5151,190
2023-08-14$52.10$54.0015.0%4.3%12.3%12.3%0.0%2.9%0.9%138.0K-2.4M-11.8K0.0090.73N/AN/A001,5001,190
2023-08-15$51.58$54.0013.8%3.9%11.7%6.0%0.0%0.9%2.3%145.5K-2.2M-11.4K0.0097.24N/AN/A0151,5001,190
2023-08-16$51.34$54.0016.0%4.6%10.7%17.1%0.0%3.9%-0.6%102.6K-1.9M-11.3K0.2596.87N/AN/A2051,5001,205
2023-08-17$50.02$54.0016.4%4.7%13.4%19.0%15.6%1.7%0.6%-53.2K-163.4K-10.6K11.2592.58N/AN/A202251,5051,200
2023-08-18$50.48$53.0018.7%5.4%14.0%30.6%0.0%7.5%-0.7%11.0K-1.3M-11.5K0.00102.37N/AN/A2001,5051,315
2023-08-21$50.76$53.0015.8%4.5%14.2%16.1%13.9%3.7%0.5%58.9K-321.0K-11.2K1.5090.42N/AN/A1015885765
2023-08-22$50.42$53.0016.4%4.7%14.0%19.3%14.9%2.9%1.3%50.6K-198.7K-11.2K0.0092.08N/AN/A200900780
2023-08-23$50.32$52.0016.4%4.7%13.8%18.9%0.0%2.9%0.9%56.8K-103.5K-10.9K1.0092.37N/AN/A1010920780
2023-08-24$50.06$52.0015.9%4.6%13.5%16.8%16.0%1.9%0.9%51.4K-10.4K-10.8K0.0092.25N/AN/A50925780
2023-08-25$50.23$52.0014.3%4.1%13.7%8.9%0.0%5.0%1.3%64.5K-10.2K-10.6K0.0095.84N/AN/A060930780
2023-08-28$50.37$52.0015.6%4.5%13.2%15.3%17.4%2.7%-0.2%52.2K-8.6K-10.4K0.0096.49N/AN/A020930845
2023-08-29$50.64$52.0013.6%3.9%13.5%5.3%7.7%2.5%0.9%61.7K-131.1K-10.6K0.0095.99N/AN/A50930830
2023-08-30$50.75$52.0013.8%4.0%13.3%6.4%0.0%0.3%-0.2%74.2K-228.6K-10.6K0.00104.54N/AN/A00925830
2023-08-31$49.70$52.0014.9%4.3%14.9%11.7%0.0%2.5%0.7%39.5K-90.0K-9.2K0.0098.12N/AN/A020925755