IHF Options History — March 2024

In March 2024, IHF traded between $52.30 and $54.61. ATM implied volatility averaged 14.6%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 3.4% (HV 20d: 11.2%). Max pain ranged from $52.00 to $53.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-07: Highest Volume — 138 contracts
  • 2024-03-11: Largest IV spike — 90.2% change
  • 2024-03-11: Highest IV Rank — 90.6%
  • 2024-03-27: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.54$52.30$54.61$52.67$54.61
Max Pain$52.05$52.00$53.00$53.00$52.00
ATM IV14.6%10.7%28.3%13.4%11.4%
Expected Move3.9%3.1%4.8%3.8%3.3%
HV 20d11.2%9.0%13.0%13.0%9.0%
HV 60d12.3%11.5%13.0%12.7%11.5%
IV Rank18.0%0.0%90.6%9.4%4.4%
IV Percentile29.9%0.0%99.6%6.7%0.8%
Term Structure-0.2%-6.3%2.1%0.2%0.1%
VWIV14.2%11.8%17.5%17.5%14.1%
Skew 25d1.9%-0.1%6.8%1.3%2.5%
Skew 10d3.6%-10.2%36.3%2.2%3.3%
Call IV 25d13.8%11.6%16.3%12.8%13.6%
Put IV 25d15.7%12.2%18.8%14.1%16.1%
Bid-Ask Spread %115.5188.38129.7198.09129.71
Gamma HHI0.200.160.250.170.23
Net GEX-3.5K-100.2K65.4K-40.1K64.6K
Net DEX-381.8K-772.6K208.5K-93.9K-772.6K
Net VEX-5.2K-7.5K0-7.3K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume12.35013850
Total OI1,188.9501,5401,505978

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$52.67$53.0013.4%3.8%13.0%9.4%0.0%1.3%0.2%-40.1K-93.9K-7.3K0.0098.09N/AN/A054551,050
2024-03-04$52.88$52.0014.2%4.0%13.0%14.1%0.0%2.7%-0.0%-32.4K-241.0K-7.0K0.0088.38N/AN/A0404551,055
2024-03-05$52.30$52.0015.2%4.2%12.8%19.2%0.0%1.4%0.7%-70.1K208.5K-7.5K0.0088.80N/AN/A0254551,085
2024-03-06$52.72$52.0015.9%4.1%12.8%23.3%0.0%2.1%0.2%-44.2K-51.3K-7.4K0.0092.45N/AN/A004551,085
2024-03-07$53.27$0.0014.8%4.4%12.9%17.0%17.5%1.0%0.7%0000.00125.37N/AN/A138000
2024-03-08$53.28$52.0014.9%3.5%12.7%17.4%0.0%1.1%2.1%-36.2K-251.3K-6.2K0.00123.30N/AN/A003981,085
2024-03-11$53.56$52.0028.3%3.8%12.7%90.6%0.0%1.3%-1.0%-22.8K-352.7K-5.8K0.00122.79N/AN/A003981,085
2024-03-12$53.61$52.0016.7%4.3%11.9%27.2%0.0%2.7%-1.7%-38.7K-453.6K-5.4K0.00121.83N/AN/A1003981,085
2024-03-13$53.53$52.0014.7%4.2%10.8%16.4%0.0%1.3%-0.6%-14.6K-391.3K-5.7K0.00123.26N/AN/A004081,085
2024-03-14$53.31$52.0016.1%4.6%10.3%26.7%0.0%6.8%-2.1%-100.2K-266.7K-5.9K0.00117.98N/AN/A004081,085
2024-03-15$53.39$52.0015.0%4.3%10.1%20.1%0.0%1.5%0.8%-93.0K-372.9K-5.6K0.00121.35N/AN/A004081,085
2024-03-18$53.63$52.0013.6%3.9%10.2%11.8%13.2%1.4%-0.3%13.9K-319.1K-5.1K0.00113.86N/AN/A50303660
2024-03-19$54.11$52.0013.0%3.7%10.6%7.8%11.8%1.9%0.2%20.5K-464.5K-4.9K0.00105.28N/AN/A100303660
2024-03-20$54.11$52.0013.2%3.8%10.6%9.3%0.0%-0.1%-0.6%48.2K-586.3K-4.3K0.00115.97N/AN/A00313660
2024-03-21$54.02$52.0012.2%3.5%10.4%3.1%0.0%1.4%0.8%54.1K-655.8K-4.3K0.00115.92N/AN/A03313660
2024-03-22$53.87$52.0010.7%3.1%10.4%0.0%0.0%1.0%1.2%57.7K-655.2K-4.4K0.00128.35N/AN/A00313663
2024-03-25$53.56$52.0010.9%3.1%10.6%1.5%0.0%5.0%1.4%42.4K-541.5K-4.4K0.00129.40N/AN/A010313663
2024-03-26$54.03$52.0011.7%3.4%11.1%5.9%14.1%0.4%0.4%65.4K-651.1K-4.1K0.00124.89N/AN/A10313663
2024-03-27$54.39$52.0016.7%4.8%9.0%34.3%0.0%1.7%-6.3%55.5K-723.3K-4.3K0.00123.26N/AN/A00315663
2024-03-28$54.61$52.0011.4%3.3%9.0%4.4%0.0%2.5%0.1%64.6K-772.6K-4.0K0.00129.71N/AN/A00315663