IHF Options History — January 2026

In January 2026, IHF traded between $45.19 and $50.47. ATM implied volatility averaged 25.9%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 4.2% (HV 20d: 21.7%). Max pain ranged from $45.00 to $48.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 4.14.

Notable Days

  • 2026-01-27: Highest Volume — 2,085 contracts
  • 2026-01-07: Largest IV spike — 83.3% change
  • 2026-01-13: Highest IV Rank — 59.1%
  • 2026-01-20: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.69$45.19$50.47$48.41$45.55
Max Pain$45.75$45.00$48.00$48.00$46.00
ATM IV25.9%16.6%44.6%16.7%19.8%
Expected Move6.6%4.8%8.4%4.8%5.7%
HV 20d21.7%13.1%41.4%13.1%41.4%
HV 60d19.9%17.0%27.9%17.0%27.0%
IV Rank27.8%8.2%59.1%13.5%13.4%
IV Percentile64.4%19.4%98.0%21.0%40.5%
Term Structure0.2%-7.1%14.4%5.7%1.4%
VWIV21.1%14.8%26.2%22.1%19.4%
Skew 25d5.6%-6.3%12.3%2.5%-3.2%
Skew 10d0.7%-9.6%20.7%1.0%-1.9%
Call IV 25d16.7%12.2%22.9%16.2%20.4%
Put IV 25d22.3%16.6%34.0%18.7%17.2%
Bid-Ask Spread %107.1188.29128.43128.4395.42
Gamma HHI0.200.170.270.200.22
Net GEX42.3K-22.5K201.1K2.5K192.0K
Net DEX-1.7M-2.1M-164.4K-1.3M-1.4M
Net VEX-8.0K-22.2K-5.2K-6.2K-21.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.140.0057.500.571.24
Total Volume212.832,08511303
Total OI1,748.81,3023,9851,3023,985

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$48.41$48.0016.7%4.8%13.1%13.5%0.0%2.5%5.7%2.5K-1.3M-6.2K0.57128.43N/AN/A74828474
2026-01-05$49.38$45.0020.3%4.8%14.7%19.4%22.1%10.3%1.5%1.9K-1.7M-5.9K0.70103.61N/AN/A3021830476
2026-01-06$50.47$45.0016.6%7.0%16.1%13.4%22.1%8.5%-0.0%38.9K-2.1M-5.2K0.33104.26N/AN/A3311825494
2026-01-07$49.59$45.0030.4%6.2%17.5%36.0%26.2%9.4%3.7%7.3K-1.9M-5.5K2.30115.78N/AN/A2353828493
2026-01-08$50.09$45.0037.3%7.3%17.7%47.2%20.8%4.4%1.4%-717-1.9M-5.6K0.00106.51N/AN/A30843540
2026-01-09$49.73$45.0038.3%6.4%18.0%48.8%21.4%7.4%1.6%-7.9K-1.8M-5.9K0.57101.31N/AN/A74844540
2026-01-12$49.22$45.0030.1%6.2%16.9%35.4%20.0%8.0%-3.5%-21.8K-1.7M-5.7K10.63107.12N/AN/A885846544
2026-01-13$48.84$45.0044.6%7.6%17.1%59.1%17.4%6.4%-4.8%-14.5K-1.4M-6.2K0.17103.76N/AN/A6411854581
2026-01-14$48.91$46.0026.0%7.5%17.1%28.8%14.8%3.7%-7.1%-22.5K-1.5M-6.1K0.00116.32N/AN/A90865586
2026-01-15$49.75$46.0027.5%7.9%16.0%31.2%23.2%7.4%0.9%-3.2K-2.0M-5.4K0.03109.03N/AN/A1574863586
2026-01-16$48.92$46.0027.5%7.9%17.3%31.1%19.6%10.1%-5.7%18.1K-1.7M-5.6K57.50112.08N/AN/A42301,002589
2026-01-20$48.91$46.0029.4%8.4%17.1%34.3%21.4%0.9%-6.9%53.2K-1.6M-6.6K0.26109.33N/AN/A318858561
2026-01-21$49.44$46.0020.9%6.0%17.5%20.4%22.2%3.6%-1.2%58.4K-1.9M-6.0K6.00107.05N/AN/A424864565
2026-01-22$50.02$46.0022.8%6.5%17.8%23.5%23.6%6.4%-2.7%65.4K-2.0M-5.7K1.67114.88N/AN/A610865545
2026-01-23$49.95$46.0027.0%7.7%17.8%30.4%19.7%-0.1%14.4%63.8K-2.1M-5.6K0.00109.69N/AN/A160865545
2026-01-26$50.08$46.0024.3%7.0%17.7%26.0%21.0%9.6%-2.2%76.0K-2.1M-5.3K0.1297.40N/AN/A415862545
2026-01-27$45.19$46.0023.1%6.6%41.2%23.9%21.8%12.3%-1.1%15.6K-164.4K-5.8K0.4688.29N/AN/A1,429656868551
2026-01-28$45.64$46.0018.8%5.4%41.4%11.5%22.9%11.4%6.0%122.2K-1.3M-18.5K0.16112.32N/AN/A7031152,0951,153
2026-01-29$45.62$46.0016.8%4.8%41.4%8.2%20.6%-6.3%1.9%201.1K-1.6M-22.2K0.1899.66N/AN/A116212,7081,210
2026-01-30$45.55$46.0019.8%5.7%41.4%13.4%19.4%-3.2%1.4%192.0K-1.4M-21.9K1.2495.42N/AN/A1351682,7731,212