IHF Options History — April 2024

In April 2024, IHF traded between $50.45 and $54.20. ATM implied volatility averaged 15.1%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 3.2% (HV 20d: 18.3%). Max pain ranged from $51.00 to $52.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 3.17.

Notable Days

  • 2024-04-15: Highest Volume — 211 contracts
  • 2024-04-25: Largest IV spike — 33.6% change
  • 2024-04-12: Highest IV Rank — 48.2%
  • 2024-04-12: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.82$50.45$54.20$54.20$51.89
Max Pain$51.14$51.00$52.00$52.00$51.00
ATM IV15.1%11.8%19.1%14.9%15.7%
Expected Move4.3%3.4%5.5%4.3%4.5%
HV 20d18.3%9.3%20.1%9.3%11.1%
HV 60d14.6%11.6%15.1%11.6%14.4%
IV Rank25.0%6.3%48.2%24.1%28.7%
IV Percentile45.1%2.0%95.6%40.9%63.9%
Term Structure0.1%-5.6%13.7%-0.8%-5.6%
VWIV16.3%10.8%22.3%17.8%20.0%
Skew 25d2.3%-1.4%8.2%-1.4%8.2%
Skew 10d5.6%-2.1%13.7%2.0%5.1%
Call IV 25d15.8%11.9%20.0%19.4%11.9%
Put IV 25d18.1%13.2%22.4%18.0%20.1%
Bid-Ask Spread %114.01107.42127.99127.99113.67
Gamma HHI0.190.140.280.260.18
Net GEX-50.8K-165.4K72.2K72.2K-31.0K
Net DEX209.0K-684.1K786.1K-684.1K85.9K
Net VEX-4.5K-5.4K-3.6K-3.8K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.170.0035.000.000.00
Total Volume20.36402112023
Total OI1,047.0459781,2289781,038

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$54.20$52.0014.9%4.3%9.3%24.1%17.8%-1.4%-0.8%72.2K-684.1K-3.8K0.00127.99N/AN/A200315663
2024-04-02$51.84$52.0013.6%3.9%18.7%16.5%0.0%2.7%1.5%-32.6K199.3K-5.3K1.00122.46N/AN/A44328663
2024-04-03$52.08$52.0014.4%4.1%18.4%21.2%22.3%2.0%-0.4%-21.7K94.7K-5.0K1.40127.20N/AN/A57331666
2024-04-04$51.53$51.0017.0%4.9%18.5%36.0%17.8%1.0%-2.9%-46.7K314.5K-5.4K3.50111.02N/AN/A27328673
2024-04-05$51.97$51.0016.9%4.4%18.4%35.2%0.0%5.4%-0.9%-21.4K76.3K-5.0K3.00111.10N/AN/A13330679
2024-04-08$52.02$51.0015.4%4.4%18.4%27.2%0.0%-0.2%0.3%-38.4K227.0K-5.1K0.00109.98N/AN/A00331679
2024-04-09$52.02$51.0015.9%4.8%18.2%30.0%12.3%-0.7%-1.9%-37.9K197.4K-5.1K0.00111.14N/AN/A50331679
2024-04-10$51.57$51.0015.3%4.4%18.4%26.5%14.3%1.0%-2.8%-52.4K367.3K-5.0K0.00111.61N/AN/A10336679
2024-04-11$51.16$51.0014.8%4.2%18.5%23.4%0.0%2.5%1.6%-86.0K541.2K-4.8K0.00113.50N/AN/A00337679
2024-04-12$50.45$51.0019.1%5.5%19.0%48.2%21.6%2.6%-2.9%-98.1K760.1K-5.1K0.00109.82N/AN/A01337679
2024-04-15$50.47$51.0015.1%4.3%18.9%25.1%0.0%4.9%3.7%-96.1K786.1K-5.0K3.22107.42N/AN/A50161337680
2024-04-16$51.05$51.0015.3%4.4%19.4%26.4%0.0%3.1%-1.2%-154.1K460.3K-4.6K0.32108.10N/AN/A5016387841
2024-04-17$51.16$51.0014.1%4.0%19.1%19.7%0.0%3.5%1.2%-165.4K564.1K-4.3K0.00112.16N/AN/A10347840
2024-04-18$51.67$51.0014.0%4.0%19.6%18.9%10.8%3.3%13.7%-130.7K364.4K-4.3K0.00114.72N/AN/A20348840
2024-04-19$52.18$51.0015.5%4.5%20.0%27.7%16.8%0.7%-0.2%-68.1K141.0K-4.0K35.00110.10N/AN/A135349840
2024-04-22$52.14$51.0012.6%3.6%20.0%11.0%15.0%-1.0%1.9%-31.4K-17.8K-3.6K0.08109.88N/AN/A262297694
2024-04-23$52.33$51.0013.2%3.8%20.1%14.4%13.4%4.6%-0.6%-8.6K-26.2K-3.8K0.00115.48N/AN/A110321700
2024-04-24$52.29$51.0011.8%3.4%19.7%6.3%0.0%2.3%3.8%-4.3K-6.6K-3.8K0.00116.70N/AN/A00332700
2024-04-25$51.98$51.0015.7%4.5%19.5%28.8%0.0%3.7%-1.4%-19.6K59.5K-4.0K0.00115.06N/AN/A00332700
2024-04-26$51.95$51.0014.1%4.0%19.4%19.6%13.4%0.7%-1.1%-23.1K76.3K-3.8K0.00112.57N/AN/A90332700
2024-04-29$52.05$51.0016.9%4.8%19.4%35.3%0.0%2.0%-2.0%-22.4K16.2K-3.7K0.00116.61N/AN/A01337700
2024-04-30$51.89$51.0015.7%4.5%11.1%28.7%20.0%8.2%-5.6%-31.0K85.9K-3.6K0.00113.67N/AN/A023337701