IHF Options History — December 2025

In December 2025, IHF traded between $47.66 and $49.13. ATM implied volatility averaged 23.4%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 6.8% (HV 20d: 16.6%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 2.44.

Notable Days

  • 2025-12-19: Highest Volume — 172 contracts
  • 2025-12-31: Largest IV spike — 34.8% change
  • 2025-12-01: Highest IV Rank — 46.9%
  • 2025-12-01: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.25$47.66$49.13$48.83$48.08
Max Pain$49.18$48.00$50.00$48.00$48.00
ATM IV23.4%13.6%37.1%37.1%18.3%
Expected Move7.0%3.9%10.6%10.6%5.3%
HV 20d16.6%12.9%19.2%19.1%12.9%
HV 60d17.6%16.9%18.5%18.5%17.1%
IV Rank24.5%8.5%46.9%46.9%16.2%
IV Percentile59.7%2.4%96.0%96.0%31.7%
Term Structure-1.0%-20.9%7.4%-20.9%-4.7%
VWIV20.4%15.5%26.0%26.0%15.5%
Skew 25d0.2%-9.0%7.0%3.0%0.4%
Skew 10d4.8%-12.0%27.2%-12.0%0.9%
Call IV 25d30.1%13.2%51.5%51.5%15.0%
Put IV 25d30.3%15.4%54.5%54.5%15.4%
Bid-Ask Spread %134.93111.58151.36118.16121.82
Gamma HHI0.260.180.630.210.22
Net GEX-43.4K-351.0K12.3K2.2K-10.0K
Net DEX-1.2M-1.8M-560.2K-1.6M-1.4M
Net VEX-7.6K-8.8K-6.3K-8.6K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.440.0021.672.000.44
Total Volume19.6820172313
Total OI1,491.0911,2831,6561,5471,303

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$48.83$48.0037.1%10.6%19.1%46.9%26.0%3.0%-20.9%2.2K-1.6M-8.6K2.00118.16N/AN/A12925622
2025-12-02$48.55$48.0025.4%7.3%19.2%27.8%23.5%-8.2%-2.1%-5.0K-1.4M-8.6K1.38117.34N/AN/A1318927624
2025-12-03$48.73$48.0029.7%8.5%19.1%34.8%0.0%7.0%-8.0%-6.4K-1.5M-8.3K0.00119.28N/AN/A10927628
2025-12-04$48.45$50.0022.7%7.6%19.2%23.3%0.0%0.3%5.2%-14.3K-1.4M-8.2K7.50149.18N/AN/A215928628
2025-12-05$48.09$50.0021.3%8.0%18.9%21.0%0.0%-0.3%1.3%-6.3K-1.3M-8.2K21.67147.96N/AN/A365929616
2025-12-08$47.87$50.0023.9%7.8%18.9%25.3%0.0%1.2%3.3%-18.8K-948.6K-8.7K0.67147.77N/AN/A32934702
2025-12-09$47.88$50.0023.2%8.0%18.2%24.1%0.0%0.5%1.1%-18.0K-1.0M-8.8K1.00147.24N/AN/A11938703
2025-12-10$48.02$50.0028.7%8.2%16.5%33.2%0.0%1.4%3.1%-39.6K-1.0M-8.5K0.00150.77N/AN/A60939704
2025-12-11$49.07$50.0028.1%8.1%17.4%32.2%0.0%-8.6%-4.5%4.8K-1.6M-7.9K0.33145.36N/AN/A62942704
2025-12-12$49.13$50.0027.7%7.9%16.2%31.5%0.0%2.3%-3.2%6.7K-1.8M-7.5K0.00148.87N/AN/A00948705
2025-12-15$49.13$50.0029.4%8.4%15.6%34.3%0.0%0.3%-4.8%7.2K-1.7M-7.3K0.00148.67N/AN/A01951705
2025-12-16$48.05$50.0024.1%6.9%17.6%25.6%0.0%0.0%-2.8%-143.8K-855.3K-7.5K0.20147.84N/AN/A51820706
2025-12-17$47.87$50.0024.4%7.0%17.6%26.1%0.0%1.1%-7.5%-185.4K-776.7K-7.3K0.00149.18N/AN/A290825705
2025-12-18$47.66$50.0023.2%6.7%17.5%24.2%0.0%-9.0%-5.6%-194.5K-657.1K-7.2K1.00151.36N/AN/A11832704
2025-12-19$47.74$50.0024.4%7.0%17.4%26.1%19.7%3.8%-0.5%-351.0K-560.2K-7.0K5.62141.94N/AN/A26146832693
2025-12-22$47.90$50.0017.9%5.1%15.4%15.5%21.8%5.0%1.2%4.1K-1.0M-7.1K6.20111.58N/AN/A531814469
2025-12-23$47.76$48.0017.7%5.1%15.1%15.1%17.6%2.9%7.2%2.7K-1.1M-7.2K0.00121.24N/AN/A30818470
2025-12-24$48.03$48.0020.2%5.8%13.7%19.3%18.6%2.0%3.0%12.3K-1.1M-7.1K0.29115.91N/AN/A72819469
2025-12-26$48.25$48.0018.8%5.4%13.5%17.0%0.0%-3.9%2.2%5.3K-1.1M-7.1K0.08128.37N/AN/A131824470
2025-12-29$48.13$48.0015.1%4.3%13.5%10.9%15.5%1.3%7.4%-4.5K-1.3M-6.6K0.00117.86N/AN/A40829470
2025-12-30$48.34$48.0013.6%3.9%12.9%8.5%0.0%1.3%6.7%-2.7K-1.3M-6.3K0.50120.74N/AN/A21833470
2025-12-31$48.08$48.0018.3%5.3%12.9%16.2%0.0%0.4%-4.7%-10.0K-1.4M-6.5K0.44121.82N/AN/A94833470