IHF Options History — August 2025

In August 2025, IHF traded between $40.62 and $47.11. ATM implied volatility averaged 20.3%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 6.1% (HV 20d: 26.4%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2025-08-15: Highest Volume — 2,110 contracts
  • 2025-08-14: Largest IV spike — 24.0% change
  • 2025-08-06: Highest IV Rank — 43.9%
  • 2025-08-01: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.53$40.62$47.11$40.62$47.11
Max Pain$41.76$40.00$45.00$45.00$45.00
ATM IV20.3%15.4%29.1%26.7%17.9%
Expected Move5.2%4.4%7.7%7.7%5.1%
HV 20d26.4%19.2%29.8%24.3%19.2%
HV 60d25.6%24.9%26.6%26.2%25.2%
IV Rank28.2%17.8%43.9%38.7%24.2%
IV Percentile48.9%17.9%87.3%82.1%33.3%
Term Structure0.8%-10.4%11.4%-5.1%4.5%
VWIV19.6%14.0%29.7%29.7%18.0%
Skew 25d5.1%-2.3%16.3%16.3%5.4%
Skew 10d2.7%-4.0%26.6%26.6%7.4%
Call IV 25d14.5%11.3%21.2%18.0%12.8%
Put IV 25d19.6%12.6%34.3%34.3%18.2%
Bid-Ask Spread %109.8496.54124.11107.60113.86
Gamma HHI0.230.150.770.230.17
Net GEX330.7K135.8K2.0M138.7K201.0K
Net DEX-3.4M-9.1M81.5K81.5K-4.7M
Net VEX-17.2K-19.9K-11.2K-11.2K-19.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.006.250.200.00
Total Volume196.095142,11039728
Total OI3,358.8572,3754,2123,5532,711

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$40.62$45.0026.7%7.7%24.3%38.7%29.7%16.3%-5.1%138.7K81.5K-11.2K0.20107.60N/AN/A330672,985568
2025-08-04$41.17$40.0021.8%5.2%25.1%28.3%20.6%5.5%-1.5%135.8K-682.4K-13.1K0.39109.89N/AN/A72283,279491
2025-08-05$41.72$40.0027.0%4.5%25.6%39.3%20.4%0.8%4.3%261.1K-1.3M-14.9K0.38113.85N/AN/A133513,338514
2025-08-06$41.38$40.0029.1%4.8%25.6%43.9%17.5%8.8%1.8%215.2K-1.1M-15.0K0.56110.52N/AN/A953,460513
2025-08-07$41.46$40.0024.7%5.3%25.7%34.5%14.0%1.4%4.4%176.9K-1.1M-14.5K0.40117.19N/AN/A40163,471513
2025-08-08$42.56$40.0020.3%4.6%27.8%25.1%21.7%3.7%11.4%350.9K-2.1M-16.5K0.63114.12N/AN/A35223,475501
2025-08-11$42.59$40.0021.9%6.1%27.8%34.4%24.9%10.3%2.5%217.3K-1.7M-14.9K0.09108.79N/AN/A6763,483514
2025-08-12$43.14$40.0021.5%4.8%27.7%33.5%17.1%1.1%4.6%309.5K-2.1M-15.4K0.05114.39N/AN/A13063,498516
2025-08-13$44.09$40.0016.7%4.8%28.8%21.1%16.7%4.9%5.0%431.1K-2.7M-16.4K0.01124.11N/AN/A25933,618512
2025-08-14$44.09$40.0020.6%5.9%27.6%31.3%22.8%-2.3%-10.4%596.5K-3.0M-17.5K0.02117.37N/AN/A6113,697515
2025-08-15$45.97$40.0018.7%5.4%29.8%26.4%21.2%-0.6%0.9%2.0M-9.1M-18.0K0.0397.53N/AN/A2,046643,626515
2025-08-18$46.22$41.0019.0%5.5%29.7%27.1%18.3%3.6%-0.2%164.3K-4.2M-18.6K0.05105.89N/AN/A15271,928447
2025-08-19$46.26$40.0017.1%4.9%29.7%22.1%15.2%9.7%4.0%221.7K-4.6M-19.5K0.1796.54N/AN/A4072,153449
2025-08-20$46.36$42.0017.4%5.0%29.2%22.9%20.2%3.1%-4.4%225.1K-4.6M-19.4K6.25100.77N/AN/A161002,154447
2025-08-21$46.52$44.0015.7%4.5%26.0%18.5%17.3%-0.3%3.7%196.3K-4.7M-19.7K0.90105.65N/AN/A29262,153547
2025-08-22$47.03$44.0015.4%4.4%25.9%17.8%17.8%5.3%-0.1%211.8K-5.1M-19.9K0.06105.79N/AN/A5332,186573
2025-08-25$46.61$44.0017.7%5.1%26.1%23.8%0.0%7.1%3.6%210.6K-4.8M-19.6K0.00108.84N/AN/A2102,210572
2025-08-26$46.55$44.0019.1%5.5%25.2%27.4%18.6%3.6%-4.4%209.3K-4.7M-18.9K0.02103.89N/AN/A6512,204572
2025-08-27$46.86$44.0019.6%5.6%24.7%28.7%20.6%6.0%-6.1%221.3K-5.0M-19.5K0.05108.01N/AN/A8742,242572
2025-08-28$46.72$44.0017.8%5.1%22.3%24.1%0.0%13.7%-1.8%210.8K-4.8M-19.7K0.47121.99N/AN/A1992,240574
2025-08-29$47.11$45.0017.9%5.1%19.2%24.2%18.0%5.4%4.5%201.0K-4.7M-19.1K0.00113.86N/AN/A2802,134577