IHF Options History — November 2025

In November 2025, IHF traded between $46.81 and $49.58. ATM implied volatility averaged 32.3%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 12.3% (HV 20d: 20.0%). Max pain ranged from $44.00 to $48.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.75.

Notable Days

  • 2025-11-21: Highest Volume — 817 contracts
  • 2025-11-10: Largest IV spike — 63.1% change
  • 2025-11-10: Highest IV Rank — 73.2%
  • 2025-11-19: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.21$46.81$49.58$48.48$49.45
Max Pain$46.84$44.00$48.00$44.00$48.00
ATM IV32.3%21.4%53.2%34.4%35.6%
Expected Move8.8%6.1%11.6%9.9%10.2%
HV 20d20.0%17.4%23.1%19.0%18.6%
HV 60d17.7%16.2%18.4%18.3%18.4%
IV Rank39.0%21.2%73.2%42.4%44.4%
IV Percentile87.6%56.3%99.6%92.9%94.8%
Term Structure-5.3%-18.9%6.8%-10.2%-18.9%
VWIV26.5%19.8%39.0%21.3%23.8%
Skew 25d0.8%-13.7%30.6%19.3%8.4%
Skew 10d-2.1%-21.0%22.7%22.7%-10.6%
Call IV 25d33.2%20.1%43.3%21.1%41.4%
Put IV 25d34.1%18.4%52.1%40.4%49.8%
Bid-Ask Spread %127.04101.92139.52122.05117.85
Gamma HHI0.330.160.550.420.20
Net GEX144.1K-3.4K294.9K178.6K3.3K
Net DEX-3.3M-4.8M-1.2M-4.1M-1.8M
Net VEX-8.3K-9.9K-6.4K-8.8K-8.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.004.000.011.00
Total Volume75.94728171032
Total OI2,349.2631,5222,6502,4171,542

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$48.48$44.0034.4%9.9%19.0%42.4%21.3%19.3%-10.2%178.6K-4.1M-8.8K0.01122.05N/AN/A10211,954463
2025-11-04$48.79$44.0031.5%9.0%18.7%37.8%21.6%8.4%-6.3%202.4K-4.5M-9.5K0.57122.82N/AN/A742,016463
2025-11-05$48.59$44.0030.7%8.8%18.5%36.4%20.2%30.6%-9.5%187.9K-4.1M-9.9K0.09125.90N/AN/A2322,020464
2025-11-06$48.00$47.0032.4%9.7%18.6%39.2%0.0%-3.4%-3.1%182.9K-3.8M-8.8K0.40132.63N/AN/A522,039466
2025-11-07$48.08$47.0032.6%8.1%17.4%39.6%0.0%-3.2%-1.2%190.0K-3.8M-8.8K0.00128.73N/AN/A1102,039467
2025-11-10$47.39$47.0053.2%9.1%18.0%73.2%25.6%-13.4%-10.7%173.3K-3.4M-8.1K0.07134.37N/AN/A12092,040467
2025-11-11$48.39$47.0030.4%7.9%19.5%36.0%0.0%-6.4%-1.6%210.3K-4.2M-8.9K0.36133.19N/AN/A2592,122474
2025-11-12$49.14$47.0023.0%6.6%20.2%23.9%0.0%3.5%-3.3%294.9K-4.8M-8.3K0.17129.61N/AN/A119202,145477
2025-11-13$48.30$47.0028.3%8.1%21.0%32.5%0.0%-8.9%-0.9%230.4K-4.0M-8.3K0.17139.52N/AN/A612,162478
2025-11-14$47.77$47.0032.2%9.2%21.1%38.9%25.8%-6.3%-2.4%198.2K-3.6M-8.2K0.00135.69N/AN/A0242,157477
2025-11-17$47.55$47.0030.7%8.8%20.0%36.4%0.0%-3.5%-2.0%173.2K-3.4M-6.9K0.00133.60N/AN/A2202,167475
2025-11-18$47.34$47.0032.1%9.2%19.8%38.8%39.0%3.1%-5.8%79.1K-3.1M-6.4K0.00129.28N/AN/A4102,175475
2025-11-19$47.01$47.0040.4%11.6%19.7%52.3%23.8%10.2%-11.1%182.3K-3.1M-7.2K0.88133.62N/AN/A16142,171456
2025-11-20$46.81$48.0032.2%9.2%19.7%38.9%26.8%-0.2%-1.2%183.5K-3.0M-6.4K4.00129.71N/AN/A142,155456
2025-11-21$47.88$48.0021.4%6.1%21.7%21.2%19.8%-12.6%6.8%54.2K-3.7M-6.5K1.82132.28N/AN/A2905272,156421
2025-11-24$48.34$48.0024.6%7.1%21.9%26.5%25.2%-3.1%2.3%-3.4K-1.2M-9.6K2.60101.92N/AN/A513914608
2025-11-25$49.19$48.0034.1%9.8%23.1%42.0%34.0%7.1%-15.6%608-1.5M-9.4K1.25110.89N/AN/A45917618
2025-11-26$49.58$48.0033.6%9.6%23.0%41.2%38.0%-13.7%-6.9%15.9K-1.7M-9.1K0.13120.09N/AN/A81918622
2025-11-28$49.45$48.0035.6%10.2%18.6%44.4%23.8%8.4%-18.9%3.3K-1.8M-8.3K1.00117.85N/AN/A11921621