IHF Options History — November 2023

In November 2023, IHF traded between $49.17 and $51.44. ATM implied volatility averaged 14.6%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 1.9% (HV 20d: 12.7%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.75.

Notable Days

  • 2023-11-08: Highest Volume — 380 contracts
  • 2023-11-10: Largest IV drop — 13.5% change
  • 2023-11-01: Highest IV Rank — 21.0%
  • 2023-11-01: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.28$49.17$51.44$49.31$50.92
Max Pain$49.43$48.00$50.00$48.00$50.00
ATM IV14.6%13.1%16.7%16.7%15.0%
Expected Move4.2%3.8%4.8%4.8%4.3%
HV 20d12.7%11.3%14.8%13.2%14.8%
HV 60d12.3%11.4%12.9%12.7%12.9%
IV Rank10.9%3.5%21.0%21.0%12.7%
IV Percentile15.3%2.8%35.7%35.7%23.0%
Term Structure0.6%-0.5%1.6%0.5%-0.4%
VWIV14.9%13.1%18.1%17.5%14.4%
Skew 25d2.0%-0.2%3.8%-0.2%1.3%
Skew 10d4.9%2.0%9.7%6.2%2.6%
Call IV 25d13.7%12.3%16.0%16.0%14.6%
Put IV 25d15.7%13.2%17.9%15.8%15.9%
Bid-Ask Spread %88.0580.8396.7192.9193.71
Gamma HHI0.180.140.340.150.15
Net GEX149.5K-4.9K287.3K103.8K142.9K
Net DEX-1.0M-1.5M-282.9K-568.0K-1.2M
Net VEX-8.0K-9.5K-6.9K-9.5K-7.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.0011.673.001.83
Total Volume83.8103802025
Total OI2,095.7141,2702,6502,4851,445

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$49.31$48.0016.7%4.8%13.2%21.0%17.5%-0.2%0.5%103.8K-568.0K-9.5K3.0092.91N/AN/A5151,610875
2023-11-02$49.67$50.0014.7%4.4%13.2%11.2%0.0%3.2%0.4%141.1K-734.7K-8.9K0.5080.83N/AN/A1051,610880
2023-11-03$49.79$50.0014.1%4.4%12.4%8.1%15.7%3.8%-0.5%168.1K-886.0K-8.8K3.0083.68N/AN/A15451,615880
2023-11-06$50.05$49.0015.9%4.2%12.4%17.2%13.7%2.5%1.2%222.0K-1.1M-8.4K0.5082.40N/AN/A1051,600885
2023-11-07$50.31$50.0015.6%4.3%12.4%15.8%0.0%2.8%1.1%269.3K-1.3M-8.2K0.1881.67N/AN/A110201,605890
2023-11-08$49.83$50.0014.9%4.3%12.4%12.2%14.4%2.4%0.9%175.2K-919.5K-8.3K11.6784.28N/AN/A303501,705875
2023-11-09$49.17$50.0016.6%4.7%13.1%20.6%18.1%3.8%0.4%-4.9K-282.9K-8.5K5.4083.48N/AN/A251351,705945
2023-11-10$49.53$49.0014.3%4.1%12.9%9.5%16.3%3.0%1.6%57.4K-584.3K-8.1K1.5084.50N/AN/A20301,700930
2023-11-13$49.64$50.0014.8%4.3%12.3%12.1%0.0%2.9%1.3%39.4K-570.5K-7.8K0.0085.51N/AN/A051,680955
2023-11-14$50.39$50.0014.9%4.3%13.5%12.1%15.8%0.3%1.4%242.6K-1.1M-7.5K1.1387.66N/AN/A75851,680960
2023-11-15$50.43$50.0015.0%4.3%13.5%12.6%0.0%1.6%0.9%287.3K-1.3M-7.3K0.0086.91N/AN/A0851,635910
2023-11-16$50.38$50.0014.8%4.3%13.1%12.0%15.5%2.0%-0.5%261.4K-1.2M-6.9K0.2188.20N/AN/A170351,635910
2023-11-17$50.38$49.0014.1%4.0%12.7%8.2%13.6%1.7%0.6%87.8K-1.2M-7.8K0.0089.81N/AN/A11001,695905
2023-11-20$50.63$49.0013.1%3.8%12.1%3.5%13.1%2.0%0.7%116.3K-1.1M-7.6K0.0090.04N/AN/A50690580
2023-11-21$50.68$49.0013.3%3.8%12.1%4.4%13.5%1.5%0.4%121.8K-1.1M-7.7K0.5091.20N/AN/A5025695580
2023-11-22$51.31$49.0013.9%4.0%12.5%7.3%13.5%1.4%0.3%124.9K-1.4M-7.8K0.0089.12N/AN/A300705590
2023-11-24$51.44$49.0013.4%3.8%12.2%4.8%14.5%0.9%0.8%136.6K-1.5M-7.8K0.3392.14N/AN/A9030715590
2023-11-27$51.19$49.0013.6%3.9%11.5%6.1%13.5%1.1%0.3%159.0K-1.5M-7.8K0.0092.78N/AN/A250775590
2023-11-28$50.98$49.0013.7%3.9%11.3%6.4%0.0%1.1%0.1%165.3K-1.3M-7.9K0.0091.42N/AN/A00800590
2023-11-29$49.93$49.0014.4%4.1%13.4%9.8%14.4%3.1%0.5%120.9K-722.7K-7.8K1.8396.71N/AN/A3055800590
2023-11-30$50.92$50.0015.0%4.3%14.8%12.7%0.0%1.3%-0.4%142.9K-1.2M-7.7K0.0093.71N/AN/A025805640