IHF Options History — December 2023

In December 2023, IHF traded between $51.38 and $52.95. ATM implied volatility averaged 14.9%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 0.3% (HV 20d: 14.6%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 12.09.

Notable Days

  • 2023-12-20: Highest Volume — 805 contracts
  • 2023-12-26: Largest IV spike — 20.9% change
  • 2023-12-11: Highest IV Rank — 24.2%
  • 2023-12-07: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.01$51.38$52.95$51.42$52.53
Max Pain$50.95$50.00$51.00$50.00$51.00
ATM IV14.9%12.3%17.3%15.6%14.6%
Expected Move4.2%3.5%4.9%4.5%4.2%
HV 20d14.6%11.9%15.9%15.0%11.9%
HV 60d13.2%12.9%13.8%13.0%13.2%
IV Rank13.1%0.0%24.2%16.0%12.7%
IV Percentile23.2%0.0%53.2%30.6%19.8%
Term Structure0.2%-1.4%2.2%-1.4%0.6%
VWIV14.6%12.5%16.6%13.6%13.8%
Skew 25d0.2%-5.7%2.9%1.0%0.6%
Skew 10d1.6%-1.4%4.0%-1.4%3.9%
Call IV 25d14.7%12.9%19.7%14.9%15.1%
Put IV 25d14.9%12.2%16.0%15.8%15.7%
Bid-Ask Spread %83.2175.3395.9195.9190.12
Gamma HHI0.190.140.300.140.21
Net GEX41.6K-187.7K167.9K150.8K-150.7K
Net DEX-1.2M-2.5M-206.2K-1.5M-438.1K
Net VEX-8.9K-12.6K-6.6K-8.0K-11.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.090.00160.000.755.00
Total Volume127.50805350
Total OI1,958.751,4652,7401,4652,720

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$51.42$50.0015.6%4.5%15.0%16.0%13.6%1.0%-1.4%150.8K-1.5M-8.0K0.7595.91N/AN/A2015805660
2023-12-04$51.53$51.0016.6%4.6%15.0%20.7%0.0%0.4%-0.6%150.0K-1.5M-8.2K0.0077.74N/AN/A50805675
2023-12-05$51.62$51.0016.6%4.3%14.9%20.8%15.1%1.0%-0.1%156.0K-1.6M-7.7K0.2075.33N/AN/A255810675
2023-12-06$51.50$51.0014.2%4.5%14.9%8.8%16.6%2.9%-1.2%167.9K-1.6M-7.9K5.0077.30N/AN/A1575815670
2023-12-07$51.38$51.0015.7%4.9%14.4%16.1%16.6%0.0%-1.1%153.4K-1.4M-8.2K0.0078.33N/AN/A100815745
2023-12-08$51.78$51.0014.3%4.2%13.5%9.4%0.0%-2.4%0.1%160.7K-1.7M-8.1K0.0082.22N/AN/A150820745
2023-12-11$51.87$51.0017.3%4.1%13.4%24.2%12.5%1.6%0.6%163.2K-1.7M-7.3K0.3378.70N/AN/A480160815745
2023-12-12$52.33$51.0015.6%3.9%13.6%15.7%12.6%1.3%0.1%126.7K-2.0M-7.3K0.2580.86N/AN/A255651,145780
2023-12-13$52.95$51.0013.4%3.8%13.2%5.0%0.0%1.7%1.4%141.7K-2.5M-6.6K7.0085.71N/AN/A5351,150785
2023-12-14$52.61$51.0015.7%4.5%13.6%17.6%0.0%0.8%-0.3%133.8K-2.2M-7.3K0.0081.85N/AN/A001,150785
2023-12-15$51.70$51.0014.4%4.1%15.2%11.6%0.0%-0.4%0.3%73.5K-1.6M-7.2K0.0982.89N/AN/A115101,150785
2023-12-18$51.77$51.0014.8%4.2%15.2%13.7%15.6%-0.3%-0.2%78.8K-973.0K-7.5K0.0078.91N/AN/A150980660
2023-12-19$52.00$51.0014.7%4.2%15.2%13.2%14.9%0.2%0.1%85.6K-1.1M-7.2K9.0082.51N/AN/A545980660
2023-12-20$51.42$51.0014.7%4.2%15.9%13.2%14.5%0.4%1.2%63.7K-842.1K-8.0K160.0089.92N/AN/A5800985700
2023-12-21$52.02$51.0014.6%4.2%15.8%12.7%0.0%-0.7%1.1%-187.7K-206.2K-11.1K5.0083.39N/AN/A10509901,480
2023-12-22$52.28$51.0012.3%3.5%15.8%0.0%0.0%-5.7%2.2%-149.3K-447.7K-11.2K25.0090.20N/AN/A102509951,500
2023-12-26$52.50$51.0014.9%4.3%15.7%14.6%0.0%0.7%-0.4%-164.6K-321.9K-12.6K0.0083.00N/AN/A501,0001,730
2023-12-27$52.33$51.0014.0%4.0%15.7%9.4%13.8%1.0%0.4%-177.8K-232.8K-12.2K0.0084.24N/AN/A1509951,730
2023-12-28$52.61$51.0013.7%3.9%13.4%7.6%0.0%0.3%0.7%-143.2K-548.3K-11.9K5.0085.14N/AN/A5251,0101,730
2023-12-29$52.53$51.0014.6%4.2%11.9%12.7%0.0%0.6%0.6%-150.7K-438.1K-11.8K0.0090.12N/AN/A001,0151,705