FXI Options History — February 2007

In February 2007, FXI traded between $31.67 and $36.00. ATM implied volatility averaged 27.4%. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 5.3% (HV 20d: 32.7%). Max pain ranged from $34.67 to $35.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 1.00.

Notable Days

  • 2007-02-27: Highest Volume — 77,925 contracts
  • 2007-02-27: Largest IV spike — 70.3% change
  • 2007-02-27: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.00$31.67$36.00$34.78$33.03
Max Pain$34.93$34.67$35.00$34.67$34.67
ATM IV27.4%23.0%44.3%30.1%35.4%
Expected Move7.9%6.6%12.7%8.6%10.1%
HV 20d32.7%21.6%44.0%43.8%44.0%
Term Structure1.4%-5.6%3.6%0.1%-0.7%
VWIV27.9%22.9%42.4%29.5%35.2%
Skew 25d4.4%2.4%7.0%4.3%5.9%
Skew 10d8.7%4.4%12.5%9.6%10.4%
Call IV 25d25.4%19.4%39.2%28.6%31.8%
Put IV 25d29.8%25.4%44.7%33.0%37.6%
Bid-Ask Spread %24.7613.4831.6218.1413.48
Gamma HHI0.070.060.120.060.07
Net GEX2.2M-4.0M6.9M1.4M-4.0M
Net DEX-111.8M-179.1M63.6M-105.5M17.2M
Net VEX-1.3M-1.5M-1.2M-1.4M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.322.140.321.34
Total Volume16,437.4746,63377,9257,28441,616
Total OI256,526.526189,513297,189259,257265,398

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$34.78$34.6730.1%8.6%43.8%0.0%29.5%4.3%0.1%1.4M-105.5M-1.4M0.3218.145,4991,785148,731110,526
2007-02-02$34.65$34.6728.8%8.3%42.3%0.0%30.4%4.1%1.5%1.4M-103.5M-1.4M1.4517.114,3956,393150,942110,652
2007-02-05$34.52$35.0030.4%8.5%37.1%0.0%32.3%4.5%0.8%930.1K-95.4M-1.3M1.8325.584,9299,039151,842113,418
2007-02-06$35.15$35.0026.9%8.0%36.1%0.0%27.8%4.5%1.5%2.4M-128.7M-1.4M0.5121.688,7244,419153,021120,318
2007-02-07$35.35$34.6723.4%7.5%32.3%0.0%26.5%4.0%3.6%4.5M-154.8M-1.3M0.7123.185,5263,930156,570121,044
2007-02-08$35.71$35.0025.6%7.3%31.5%0.0%25.8%4.0%3.4%5.7M-179.1M-1.3M0.6524.827,8545,142155,766121,611
2007-02-09$35.12$35.0026.1%7.5%32.1%0.0%27.3%4.0%2.5%2.6M-130.4M-1.3M2.1430.234,87210,413158,544123,504
2007-02-12$35.25$35.0026.0%7.4%31.0%0.0%26.4%4.2%2.5%2.5M-130.5M-1.3M0.4029.456,6602,652159,543129,696
2007-02-13$35.33$35.0026.6%7.6%30.3%0.0%27.2%4.5%2.1%2.7M-131.0M-1.3M1.2027.666,5527,851159,972130,644
2007-02-14$35.38$35.0025.9%7.4%30.1%0.0%27.0%3.9%1.6%3.7M-137.5M-1.3M0.5926.536,6363,918160,662132,888
2007-02-15$35.40$35.0025.3%7.2%29.6%0.0%26.9%3.6%2.6%5.3M-143.0M-1.3M0.6431.624,0532,586162,351134,838
2007-02-16$35.63$35.0023.2%6.7%29.2%0.0%23.1%3.8%3.6%6.9M-161.5M-1.3M0.3521.7412,1324,233161,991134,211
2007-02-20$35.74$35.0024.3%7.0%29.2%0.0%25.7%4.9%0.4%1.8M-127.1M-1.2M1.7725.835,3439,438106,99582,518
2007-02-21$36.00$35.0023.0%6.6%28.6%0.0%22.9%7.0%2.0%2.3M-137.5M-1.3M0.6723.284,8693,255109,62389,631
2007-02-22$36.00$35.0023.4%6.7%28.0%0.0%23.4%5.1%1.7%2.5M-136.2M-1.3M0.7529.456,5614,917112,31491,671
2007-02-23$35.13$35.0025.7%7.4%21.8%0.0%24.4%2.4%1.2%744.0K-103.2M-1.3M0.9022.466,0725,490116,81495,772
2007-02-26$35.13$35.0026.0%7.5%21.6%0.0%26.1%4.0%1.4%374.2K-100.5M-1.3M1.2130.113,0003,633119,055100,113
2007-02-27$31.67$35.0044.3%12.7%42.5%0.0%42.4%5.4%-5.6%-2.5M63.6M-1.2M1.5728.0430,30347,622119,820100,995
2007-02-28$33.03$34.6735.4%10.1%44.0%0.0%35.2%5.9%-0.7%-4.0M17.2M-1.5M1.3413.4817,80523,811136,383129,015