IHF Options History — July 2025

In July 2025, IHF traded between $41.65 and $49.48. ATM implied volatility averaged 20.9%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 7.1% (HV 20d: 28.0%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.75.

Notable Days

  • 2025-07-28: Highest Volume — 838 contracts
  • 2025-07-09: Largest IV drop — 63.8% change
  • 2025-07-08: Highest IV Rank — 63.4%
  • 2025-07-31: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.29$41.65$49.48$49.48$41.65
Max Pain$45.23$45.00$47.00$47.00$45.00
ATM IV20.9%13.9%38.4%19.9%24.5%
Expected Move5.6%4.0%7.0%5.7%7.0%
HV 20d28.0%12.6%32.2%12.6%23.5%
HV 60d26.8%23.7%30.5%28.2%25.9%
IV Rank26.5%11.6%63.4%24.2%34.0%
IV Percentile54.4%12.7%96.4%52.4%75.8%
Term Structure-2.3%-9.1%4.1%-5.6%-8.2%
VWIV20.0%12.4%26.3%22.0%16.5%
Skew 25d0.6%-7.4%6.7%-0.0%0.2%
Skew 10d1.2%-11.9%15.0%-2.4%15.0%
Call IV 25d18.8%14.0%25.2%22.1%16.7%
Put IV 25d19.4%15.3%26.9%22.1%16.9%
Bid-Ask Spread %109.0693.16126.22126.22109.86
Gamma HHI0.350.210.730.210.30
Net GEX52.2K-68.7K299.0K31.9K207.7K
Net DEX170.3K-914.8K1.0M-749.3K-410.2K
Net VEX-8.5K-13.6K-2.9K-2.9K-12.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.750.0039.500.000.01
Total Volume204.9551883819291
Total OI1,726.4555343,6695343,543

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$49.48$47.0019.9%5.7%12.6%24.2%0.0%-0.0%-5.6%31.9K-749.3K-2.9K0.00126.22N/AN/A190349185
2025-07-02$46.34$47.0019.9%5.7%27.1%24.4%22.0%-2.6%2.5%5.3K-246.1K-3.8K2.76117.85N/AN/A130359366245
2025-07-03$46.51$45.0017.0%4.8%27.2%18.1%12.4%6.7%1.3%-54.7K286.2K-7.8K1.32113.81N/AN/A3141482600
2025-07-07$45.80$45.0024.7%5.7%27.6%34.5%20.6%3.5%-2.1%-68.7K550.3K-7.7K4.32109.23N/AN/A1982513641
2025-07-08$46.13$45.0038.4%4.5%27.5%63.4%20.5%3.0%-0.8%-42.4K332.6K-7.7K0.18109.16N/AN/A173532606
2025-07-09$46.00$45.0013.9%4.0%27.5%11.6%20.8%1.2%4.1%-54.1K412.6K-7.8K0.24117.47N/AN/A256547605
2025-07-10$45.74$45.0015.4%4.4%27.5%14.7%19.4%3.9%1.7%-51.4K357.5K-7.9K2.00112.23N/AN/A612573607
2025-07-11$45.19$45.0019.7%5.6%27.6%23.8%19.1%2.5%-1.1%-49.4K628.8K-7.6K5.25112.06N/AN/A421578603
2025-07-14$45.22$45.0020.6%5.9%27.4%25.8%20.5%-2.5%-3.4%-52.5K575.4K-7.6K0.33108.92N/AN/A5819582618
2025-07-15$44.38$45.0019.8%5.7%28.0%24.1%14.1%5.7%-2.3%-36.0K775.2K-7.5K39.50109.35N/AN/A279620621
2025-07-16$44.54$46.0021.7%6.2%28.1%28.2%21.7%2.9%-2.9%-50.4K833.7K-7.6K0.00108.57N/AN/A2381632647
2025-07-17$43.55$45.0021.9%6.3%28.8%28.5%20.2%-4.4%-5.2%-4.5K1.0M-7.3K0.58104.42N/AN/A248143870648
2025-07-18$42.55$45.0020.8%6.0%29.3%26.2%20.5%0.9%-2.8%52.5K962.3K-6.8K0.98109.51N/AN/A1131111,110583
2025-07-21$42.49$45.0022.3%6.4%29.3%29.4%16.0%-0.3%-1.6%49.3K538.5K-7.1K2.00100.28N/AN/A22441,104532
2025-07-22$42.88$45.0017.3%5.0%29.7%18.8%23.4%3.4%-4.5%65.3K462.6K-7.3K0.21108.54N/AN/A5061071,126509
2025-07-23$43.67$45.0021.7%6.2%30.1%28.1%22.4%-3.2%-3.1%172.3K-578.2K-10.9K0.1493.16N/AN/A182261,535490
2025-07-24$42.27$45.0023.4%6.7%31.7%31.7%21.8%5.0%-3.9%130.3K75.3K-10.1K0.3098.71N/AN/A183551,683512
2025-07-25$42.81$45.0019.1%5.5%32.2%22.6%19.3%-4.0%0.6%183.6K-425.6K-11.8K0.00105.15N/AN/A7601,834537
2025-07-28$42.59$45.0022.3%6.4%31.6%29.4%19.0%-7.4%-9.1%175.7K-505.1K-12.0K0.06104.52N/AN/A794441,908538
2025-07-29$41.95$45.0017.5%5.0%31.2%19.2%22.8%-3.2%0.6%238.5K-244.5K-12.3K0.1498.75N/AN/A302413,098571
2025-07-30$42.71$45.0019.1%5.5%31.2%22.7%26.3%2.1%-5.8%299.0K-914.8K-13.6K0.14121.55N/AN/A4362,936563
2025-07-31$41.65$45.0024.5%7.0%23.5%34.0%16.5%0.2%-8.2%207.7K-410.2K-12.7K0.01109.86N/AN/A28742,974569