IHF Options History — March 2025

In March 2025, IHF traded between $50.40 and $53.11. ATM implied volatility averaged 18.6%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 0.3% (HV 20d: 18.3%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.19.

Notable Days

  • 2025-03-20: Highest Volume — 31 contracts
  • 2025-03-18: Largest IV drop — 26.8% change
  • 2025-03-13: Highest IV Rank — 34.4%
  • 2025-03-19: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.75$50.40$53.11$50.40$53.11
Max Pain$50.48$50.00$51.00$51.00$50.00
ATM IV18.6%14.0%24.5%20.5%15.5%
Expected Move5.7%4.4%6.9%5.9%5.8%
HV 20d18.3%13.7%21.5%21.4%14.3%
HV 60d18.8%17.8%20.7%20.6%18.0%
IV Rank21.9%12.3%34.4%26.0%15.4%
IV Percentile57.7%28.2%82.9%73.0%40.1%
Term Structure1.5%-2.6%12.2%-0.2%4.6%
VWIV18.5%18.5%18.5%18.5%18.5%
Skew 25d2.6%-0.9%9.6%0.6%9.6%
Skew 10d0.6%-6.8%2.8%2.3%-6.8%
Call IV 25d16.5%14.8%19.1%18.7%19.1%
Put IV 25d19.2%16.0%28.7%19.4%28.7%
Bid-Ask Spread %111.21100.98123.19116.68105.81
Gamma HHI0.400.340.540.350.46
Net GEX91.9K76.4K118.0K76.4K87.8K
Net DEX-785.1K-1.0M-577.2K-626.3K-807.3K
Net VEX-2.9K-3.4K-2.6K-3.0K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.001.000.000.00
Total Volume4.52403110
Total OI448.333412464461442

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$50.40$51.0020.5%5.9%21.4%26.0%0.0%0.6%-0.2%76.4K-626.3K-3.0K0.00116.68N/AN/A1042437
2025-03-04$50.70$51.0020.2%5.8%21.1%25.4%0.0%3.4%5.4%77.2K-691.4K-3.1K0.00108.17N/AN/A0042337
2025-03-05$50.97$51.0019.9%5.7%21.3%24.7%0.0%0.9%-2.2%84.7K-687.6K-3.2K0.00117.71N/AN/A0042337
2025-03-06$51.30$51.0018.1%5.2%21.5%20.9%0.0%2.6%-0.3%82.1K-791.5K-3.3K0.00120.54N/AN/A0142337
2025-03-07$51.91$51.0018.1%5.2%19.8%21.0%0.0%0.6%-2.6%95.8K-887.8K-3.4K0.00119.16N/AN/A1042338
2025-03-10$51.48$51.0022.8%6.5%20.0%30.9%0.0%1.5%-1.9%83.4K-822.0K-3.3K0.00121.55N/AN/A0042238
2025-03-11$51.17$51.0024.1%6.0%19.9%33.5%0.0%1.8%0.5%82.8K-757.0K-3.1K0.50123.19N/AN/A2142238
2025-03-12$50.81$51.0024.1%6.0%19.8%33.6%0.0%1.8%-0.5%82.6K-681.2K-2.9K0.00121.33N/AN/A0042138
2025-03-13$50.40$51.0024.5%6.7%20.0%34.4%0.0%1.4%-1.5%79.1K-577.2K-2.7K0.00122.50N/AN/A0042138
2025-03-14$50.91$51.0023.4%6.3%18.9%32.0%0.0%7.9%-1.6%88.9K-677.1K-2.9K0.00121.79N/AN/A0042138
2025-03-17$52.16$50.0020.4%5.5%20.8%25.8%0.0%4.4%-1.0%105.8K-886.1K-3.0K0.00104.35N/AN/A6042138
2025-03-18$52.30$50.0015.0%5.5%20.4%14.3%0.0%1.7%4.8%102.4K-912.2K-2.9K0.00103.15N/AN/A15042238
2025-03-19$52.34$50.0015.0%6.9%19.3%14.3%0.0%2.5%12.2%99.8K-1.0M-3.1K0.00105.62N/AN/A0042638
2025-03-20$52.28$50.0017.2%5.6%19.0%19.0%0.0%-0.9%0.6%107.8K-943.5K-2.9K0.00103.29N/AN/A31042638
2025-03-21$51.89$50.0014.4%4.4%15.1%13.0%0.0%1.4%-1.2%118.0K-851.2K-2.7K1.00106.20N/AN/A1142438
2025-03-24$52.58$50.0014.0%5.5%15.7%12.3%18.5%1.4%4.3%96.3K-843.0K-2.8K0.00100.98N/AN/A5038037
2025-03-25$52.29$50.0014.2%5.1%15.2%12.7%0.0%0.8%4.4%97.3K-718.9K-2.7K0.00103.76N/AN/A0037537
2025-03-26$52.59$50.0014.4%5.5%13.8%13.1%0.0%5.9%4.1%91.5K-755.2K-2.7K0.00102.85N/AN/A0037537
2025-03-27$52.70$50.0015.5%5.4%13.7%15.4%0.0%1.5%4.2%95.1K-774.5K-2.6K0.00103.34N/AN/A0037537
2025-03-28$52.39$50.0019.1%5.5%13.8%23.0%0.0%4.8%-1.4%94.4K-764.9K-2.6K0.00103.39N/AN/A03037537
2025-03-31$53.11$50.0015.5%5.8%14.3%15.4%0.0%9.6%4.6%87.8K-807.3K-2.7K0.00105.81N/AN/A0037567