IHF Options History — February 2026

In February 2026, IHF traded between $44.51 and $46.30. ATM implied volatility averaged 23.4%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 11.9% (HV 20d: 35.3%). Max pain ranged from $46.00 to $49.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 2.52.

Notable Days

  • 2026-02-24: Highest Volume — 245 contracts
  • 2026-02-10: Largest IV drop — 35.4% change
  • 2026-02-09: Highest IV Rank — 30.5%
  • 2026-02-27: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.48$44.51$46.30$45.45$46.22
Max Pain$47.37$46.00$49.00$46.00$47.00
ATM IV23.4%19.2%29.7%23.4%27.5%
Expected Move6.4%5.4%7.9%6.7%7.9%
HV 20d35.3%14.4%41.2%41.2%14.7%
HV 60d26.4%25.9%26.9%26.9%26.1%
IV Rank18.7%12.3%30.5%19.7%24.8%
IV Percentile61.5%35.3%86.1%65.5%80.2%
Term Structure-0.0%-7.7%4.1%-2.8%-7.7%
VWIV24.2%20.0%31.8%21.4%31.8%
Skew 25d5.9%-1.0%15.2%-1.0%15.2%
Skew 10d5.5%-5.8%17.7%10.1%17.7%
Call IV 25d18.3%14.4%23.5%19.7%16.3%
Put IV 25d24.2%17.0%32.1%18.7%31.4%
Bid-Ask Spread %105.8497.81118.37101.01118.37
Gamma HHI0.210.160.280.210.20
Net GEX83.0K-12.2K185.4K185.4K42.5K
Net DEX-956.7K-2.0M-5.9K-1.5M-732.0K
Net VEX-20.3K-22.4K-17.7K-22.4K-17.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.0013.871.060.01
Total Volume79.8951724566166
Total OI3,877.4742,6204,5244,1472,625

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$45.45$46.0023.4%6.7%41.2%19.7%21.4%-1.0%-2.8%185.4K-1.5M-22.4K1.06101.01N/AN/A32342,8001,347
2026-02-03$45.24$46.0021.3%6.1%40.3%16.0%20.0%1.6%-0.2%133.7K-941.6K-21.3K0.2497.81N/AN/A51122,8291,369
2026-02-04$44.79$46.0022.2%6.4%39.1%17.6%22.0%0.6%3.9%145.1K-995.3K-21.6K1.7699.41N/AN/A21372,8371,378
2026-02-05$44.70$49.0027.5%6.2%38.9%26.8%29.3%7.6%1.1%153.6K-930.8K-22.4K0.85111.87N/AN/A33282,8461,403
2026-02-06$44.98$47.0025.8%6.7%38.7%23.8%21.8%13.6%-1.3%116.9K-654.5K-21.9K0.43111.66N/AN/A2192,8631,370
2026-02-09$44.51$47.0029.7%5.4%38.8%30.5%20.6%9.8%3.8%54.4K-151.4K-20.1K2.00110.67N/AN/A19382,8471,370
2026-02-10$44.62$47.0019.2%5.4%38.8%12.3%23.9%4.7%2.7%12.9K-179.2K-19.9K0.73106.43N/AN/A48352,8631,406
2026-02-11$45.34$47.0022.3%6.4%39.5%17.8%28.6%10.1%0.3%78.8K-820.7K-20.3K0.24114.85N/AN/A54132,8891,415
2026-02-12$45.50$47.0021.5%6.2%39.5%16.3%21.9%5.7%3.4%120.6K-1.4M-21.7K3.33101.55N/AN/A21702,9111,425
2026-02-13$46.11$47.0021.5%6.2%39.3%16.4%20.9%0.7%-0.8%143.2K-1.8M-21.1K13.87101.38N/AN/A152082,8901,467
2026-02-17$46.28$48.0023.4%6.7%39.1%18.4%23.6%11.1%-1.1%160.4K-2.0M-21.6K0.97104.89N/AN/A40392,8911,633
2026-02-18$46.30$48.0022.2%6.4%39.1%16.2%22.0%10.0%-0.5%130.0K-1.7M-20.9K5.50104.49N/AN/A8442,8511,644
2026-02-19$46.18$48.0022.5%6.4%38.8%16.7%24.2%6.0%3.6%26.1K-1.4M-20.2K0.16105.40N/AN/A3152,8541,626
2026-02-20$46.10$48.0023.7%6.8%38.3%18.8%24.2%0.0%-3.1%51.5K-1.3M-20.2K3.41105.08N/AN/A17582,8421,603
2026-02-23$45.68$48.0023.5%6.7%38.4%17.6%27.5%1.1%-2.7%11.5K-608.2K-19.3K7.5098.24N/AN/A2151,4111,257
2026-02-24$44.77$48.0021.8%6.2%38.7%14.5%24.3%3.1%4.1%-12.2K-5.9K-17.8K5.13109.70N/AN/A402051,4131,250
2026-02-25$45.51$48.0022.7%6.5%14.6%16.2%31.0%6.8%0.1%12.5K-441.5K-18.0K0.70103.33N/AN/A1071,3961,231
2026-02-26$45.81$48.0022.4%6.4%14.4%15.7%20.9%5.9%-3.5%9.2K-577.4K-17.8K0.00104.81N/AN/A3201,3881,232
2026-02-27$46.22$47.0027.5%7.9%14.7%24.8%31.8%15.2%-7.7%42.5K-732.0K-17.7K0.01118.37N/AN/A16421,3931,232