IHF Options History — January 2024

In January 2024, IHF traded between $50.97 and $53.44. ATM implied volatility averaged 14.9%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 2.1% (HV 20d: 12.7%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 2.92.

Notable Days

  • 2024-01-18: Highest Volume — 1,215 contracts
  • 2024-01-08: Largest IV spike — 30.3% change
  • 2024-01-02: Highest IV Rank — 23.8%
  • 2024-01-02: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.45$50.97$53.44$53.38$51.98
Max Pain$50.48$50.00$51.00$51.00$51.00
ATM IV14.9%11.7%16.5%16.5%15.3%
Expected Move4.3%3.8%4.7%4.7%4.4%
HV 20d12.7%11.2%13.9%12.6%12.4%
HV 60d13.3%12.9%13.6%13.4%13.4%
IV Rank17.2%0.0%23.8%23.8%20.0%
IV Percentile28.8%0.0%47.2%47.2%37.3%
Term Structure0.1%-1.5%1.9%-0.6%0.0%
VWIV15.5%14.4%17.7%15.0%14.8%
Skew 25d1.4%-1.4%3.2%-1.4%-0.0%
Skew 10d3.5%-1.1%6.6%-0.6%3.3%
Call IV 25d14.8%13.7%16.9%16.9%15.5%
Put IV 25d16.1%14.9%17.4%15.5%15.5%
Bid-Ask Spread %92.9681.7098.3991.1498.39
Gamma HHI0.220.180.400.180.23
Net GEX-120.6K-895.7K102.1K-29.5K-180.7K
Net DEX-536.5K-1.4M952.0K-1.3M-23.6K
Net VEX-10.0K-12.2K-7.6K-10.0K-11.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.920.0028.000.000.00
Total Volume110.71401,2152010
Total OI2,690.7142,4803,7352,7202,670

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$53.38$51.0016.5%4.7%12.6%23.8%0.0%-1.4%-0.6%-29.5K-1.3M-10.0K0.0091.14N/AN/A2001,0151,705
2024-01-03$53.06$51.0015.6%4.5%12.9%18.6%0.0%-0.1%0.0%-71.4K-963.2K-10.6K0.0088.95N/AN/A0501,0201,705
2024-01-04$53.30$50.0011.7%4.5%13.0%0.0%0.0%1.7%1.1%8.8K-1.3M-9.7K0.0081.70N/AN/A2501,0201,685
2024-01-05$53.11$50.0012.0%3.8%13.0%2.0%15.0%1.4%1.9%24.4K-1.2M-10.1K0.0085.25N/AN/A501,0351,685
2024-01-08$53.29$50.0015.7%4.4%13.0%21.9%0.0%1.2%1.3%24.1K-1.3M-9.4K0.0084.90N/AN/A3001,0401,685
2024-01-09$53.44$50.0015.3%4.3%12.8%19.9%15.9%-0.1%0.2%55.1K-1.4M-8.7K0.0086.88N/AN/A12501,0451,685
2024-01-10$53.23$50.0014.9%4.3%13.0%17.9%0.0%1.2%-0.2%59.0K-1.3M-8.2K0.0089.47N/AN/A009401,685
2024-01-11$53.41$50.0014.6%4.2%12.7%16.2%0.0%2.1%0.9%102.1K-1.4M-7.6K0.0094.79N/AN/A009351,685
2024-01-12$52.65$50.0014.5%4.2%13.1%15.6%14.4%1.9%0.7%-38.9K-858.6K-8.4K2.2093.19N/AN/A25559501,685
2024-01-16$52.47$50.0015.4%4.4%13.0%20.7%0.0%1.2%0.2%-41.3K-804.3K-8.1K0.0093.03N/AN/A009751,740
2024-01-17$52.47$50.0015.8%4.5%11.2%22.7%0.0%1.1%0.7%40.8K-915.8K-7.8K0.0094.40N/AN/A5009751,740
2024-01-18$51.93$50.0014.8%4.3%11.9%17.3%17.7%3.2%0.0%-216.4K-408.6K-7.9K5.7595.92N/AN/A1801,0359601,740
2024-01-19$51.47$50.0015.9%4.6%12.2%23.2%15.4%1.9%-1.5%-895.7K679.7K-11.8K0.0096.11N/AN/A02301,0652,670
2024-01-22$52.15$51.0015.8%4.5%12.4%22.5%14.5%3.0%-0.9%-134.9K-161.2K-11.7K0.2594.88N/AN/A2056201,860
2024-01-23$52.18$51.0014.4%4.1%11.7%14.7%0.0%2.2%-0.5%-117.0K-247.1K-11.4K0.0096.13N/AN/A006301,860
2024-01-24$51.94$51.0013.9%4.0%11.7%12.4%0.0%1.7%0.3%-134.2K-187.5K-11.0K0.0096.71N/AN/A1506301,860
2024-01-25$50.97$51.0014.9%4.3%13.3%17.8%15.5%2.3%-0.0%-302.1K952.0K-12.2K1.7096.94N/AN/A50856251,860
2024-01-26$51.37$51.0015.2%4.4%13.7%19.2%16.1%0.8%-0.5%-265.8K628.9K-11.8K28.0097.35N/AN/A51405751,935
2024-01-29$51.74$51.0014.8%4.2%13.8%16.8%14.8%2.0%-0.6%-226.3K253.8K-11.4K0.0097.91N/AN/A12005802,075
2024-01-30$51.94$51.0014.9%4.3%13.9%17.7%0.0%2.0%-0.6%-192.0K26.8K-10.9K0.0098.24N/AN/A0455802,075
2024-01-31$51.98$51.0015.3%4.4%12.4%20.0%0.0%-0.0%0.0%-180.7K-23.6K-11.0K0.0098.39N/AN/A0105802,090