IHF Options History — May 2025

In May 2025, IHF traded between $46.14 and $50.30. ATM implied volatility averaged 23.9%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 7.7% (HV 20d: 31.6%). Max pain ranged from $48.00 to $49.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2025-05-15: Highest Volume — 226 contracts
  • 2025-05-05: Largest IV spike — 50.5% change
  • 2025-05-13: Highest IV Rank — 56.4%
  • 2025-05-27: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.32$46.14$50.30$49.95$47.59
Max Pain$48.38$48.00$49.00$48.00$48.00
ATM IV23.9%16.9%34.9%21.4%20.8%
Expected Move6.1%4.8%7.4%6.1%6.0%
HV 20d31.6%24.4%39.3%39.3%27.6%
HV 60d27.6%26.0%28.7%26.9%28.7%
IV Rank33.0%18.3%56.4%27.8%26.2%
IV Percentile71.7%44.8%93.7%69.8%60.7%
Term Structure-0.1%-6.7%5.5%-5.6%-4.6%
VWIV23.3%16.4%30.9%22.7%28.0%
Skew 25d1.5%-10.5%8.4%7.9%-2.0%
Skew 10d2.7%-3.4%10.2%-1.9%9.4%
Call IV 25d19.9%14.2%28.2%23.1%26.2%
Put IV 25d21.4%14.5%31.0%31.0%24.2%
Bid-Ask Spread %113.37102.45122.44116.09112.99
Gamma HHI0.190.150.250.190.19
Net GEX26.1K6.4K45.2K33.9K28.3K
Net DEX-293.8K-567.4K-56.0K-364.2K-381.1K
Net VEX-3.1K-4.6K-1.8K-2.2K-4.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.002.750.000.04
Total Volume39.42902262110
Total OI589.381535809535643

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$49.95$48.0021.4%6.1%39.3%27.8%0.0%7.9%-5.6%33.9K-364.2K-2.2K0.00116.09N/AN/A20385150
2025-05-02$50.05$48.0016.9%4.8%38.5%18.3%22.7%8.4%1.8%38.6K-375.1K-2.3K0.00114.04N/AN/A60385150
2025-05-05$50.29$49.0025.4%5.4%37.2%36.3%0.0%3.6%-0.8%45.2K-448.9K-2.1K1.50117.66N/AN/A23388150
2025-05-06$50.06$49.0026.5%6.7%36.4%38.5%0.0%2.4%-1.2%43.4K-397.9K-2.3K0.00115.86N/AN/A00390152
2025-05-07$50.30$49.0028.1%5.6%35.9%42.0%0.0%3.7%5.5%39.4K-399.6K-2.1K0.00122.44N/AN/A02390152
2025-05-08$50.22$49.0031.1%6.1%32.9%48.4%0.0%2.8%-2.2%44.8K-425.2K-2.2K0.00119.14N/AN/A20393152
2025-05-09$49.69$49.0029.4%5.5%32.9%44.7%0.0%2.3%0.6%26.7K-330.7K-2.0K0.00120.20N/AN/A00395152
2025-05-12$49.80$49.0026.9%5.8%32.4%39.4%0.0%5.4%-0.7%25.9K-337.8K-1.9K2.75119.33N/AN/A411395152
2025-05-13$47.24$49.0034.9%6.6%36.5%56.4%21.1%4.5%-3.2%6.4K-56.0K-1.8K0.44110.50N/AN/A3214397163
2025-05-14$46.87$48.0021.5%6.2%36.5%28.0%23.7%4.7%3.9%8.3K-70.8K-2.0K2.00107.34N/AN/A48426164
2025-05-15$46.63$48.0021.3%6.1%36.5%27.7%20.6%-3.2%-0.8%6.7K-81.7K-2.6K0.71110.00N/AN/A13294480172
2025-05-16$47.91$49.0019.4%5.6%30.5%23.6%19.7%-1.8%5.2%15.9K-324.4K-3.6K0.27110.09N/AN/A11832547262
2025-05-19$48.55$48.0021.1%6.0%25.8%27.2%20.5%-1.8%1.0%27.9K-454.9K-4.2K0.16107.91N/AN/A508328217
2025-05-20$49.04$48.0023.7%6.8%24.4%32.8%23.3%-2.3%-0.6%30.6K-567.4K-4.1K0.13102.45N/AN/A567339225
2025-05-21$47.63$48.0021.8%6.3%25.8%28.7%20.3%-10.5%-6.7%26.7K-328.5K-4.2K0.00105.38N/AN/A330352230
2025-05-22$46.57$48.0018.1%5.2%26.6%20.9%16.4%1.1%3.0%18.1K-143.3K-4.0K0.65112.44N/AN/A2013365230
2025-05-23$46.14$48.0022.9%6.6%26.6%30.9%0.0%6.0%1.2%16.4K-83.5K-4.1K0.00114.47N/AN/A20380233
2025-05-27$46.56$48.0025.8%7.4%26.9%36.8%28.6%6.3%-2.9%18.7K-153.9K-4.1K0.07112.45N/AN/A141382233
2025-05-28$46.54$48.0021.9%6.3%26.6%28.5%30.9%-4.4%1.1%19.4K-165.9K-4.2K0.41116.59N/AN/A229393233
2025-05-29$47.01$48.0022.3%6.4%27.0%29.3%27.5%-2.5%4.9%26.0K-278.8K-4.5K0.00113.50N/AN/A170410242
2025-05-30$47.59$48.0020.8%6.0%27.6%26.2%28.0%-2.0%-4.6%28.3K-381.1K-4.6K0.04112.99N/AN/A1064404239