FXI Options History — June 2014

In June 2014, FXI traded between $36.70 and $38.28. ATM implied volatility averaged 18.0%, placing in the 15.3% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 5.5% (HV 20d: 12.5%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.38.

Notable Days

  • 2014-06-23: Highest Volume — 386,787 contracts
  • 2014-06-20: Largest IV drop — 7.7% change
  • 2014-06-03: Highest IV Rank — 35.3%
  • 2014-06-12: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.49$36.70$38.28$37.12$37.04
Max Pain$34.45$34.00$35.00$34.50$34.00
ATM IV18.0%15.6%21.5%21.2%15.6%
Expected Move5.5%5.3%5.7%5.6%5.3%
HV 20d12.5%11.0%13.9%13.1%13.4%
HV 60d15.1%13.9%17.1%17.1%14.3%
IV Rank15.3%1.1%35.3%33.9%1.1%
IV Percentile8.7%0.4%39.7%34.5%0.4%
Term Structure-0.2%-1.2%0.8%-0.9%0.2%
VWIV20.4%18.8%23.7%20.2%18.8%
Skew 25d1.3%0.2%2.9%1.1%0.2%
Skew 10d1.4%0.1%2.7%1.1%0.1%
Call IV 25d17.1%15.3%20.0%19.4%16.0%
Put IV 25d18.4%16.1%21.0%20.5%16.1%
Bid-Ask Spread %7.656.2910.006.499.56
Gamma HHI0.110.080.270.090.08
Net GEX26.2M-51.7M82.3M28.7M-25.5M
Net DEX77.5M-673.2M1.30B-85.1M1.08B
Net VEX-11.2M-11.7M-10.7M-11.0M-10.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.133.600.890.92
Total Volume83,056.04826,083386,78765,84640,930
Total OI2,676,781.8572,396,2273,098,9222,495,9232,414,238

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-06-02$37.12$34.5021.2%5.6%13.1%33.9%20.2%1.1%-0.9%28.7M-85.1M-11.0M0.896.4934,82731,0191,138,8311,357,092
2014-06-03$37.45$34.5021.5%5.6%12.5%35.3%20.3%1.0%-1.2%41.8M-318.2M-11.1M1.536.2939,11859,9411,149,6051,351,690
2014-06-04$37.14$34.5021.0%5.6%13.2%32.4%20.8%0.9%-0.8%34.1M-139.1M-11.0M3.606.5717,27162,2301,171,6501,396,638
2014-06-05$37.44$34.5020.4%5.6%13.0%29.4%19.6%1.0%-0.9%43.1M-309.4M-11.0M1.146.6918,57221,1091,179,7631,448,213
2014-06-06$37.24$34.5019.7%5.6%13.4%25.1%19.9%1.0%-0.7%26.5M-147.6M-11.3M1.158.0230,31634,9611,185,7321,458,782
2014-06-09$37.61$34.5019.0%5.7%13.3%21.2%19.2%2.0%-1.0%42.8M-326.9M-11.6M1.807.0117,23431,0811,190,4461,464,196
2014-06-10$37.78$34.5018.7%5.6%11.7%19.2%20.2%1.7%-0.6%47.3M-429.1M-11.6M0.537.3837,37619,8151,195,7871,480,727
2014-06-11$37.62$34.5018.2%5.6%12.0%16.3%21.6%2.1%-0.3%46.4M-300.4M-11.6M1.377.9654,31374,3531,225,8671,498,188
2014-06-12$37.52$34.5018.4%5.7%11.7%17.6%19.7%2.5%-0.3%38.8M-134.6M-11.7M1.596.9523,48637,2351,266,0381,553,032
2014-06-13$38.09$35.0018.3%5.6%12.0%16.9%20.6%2.9%-0.3%74.8M-673.2M-11.0M0.666.7946,17230,6591,281,5561,573,424
2014-06-16$38.02$35.0018.5%5.6%11.8%18.1%20.1%1.7%0.2%68.9M-592.0M-11.1M2.506.9443,801109,5831,292,4781,584,661
2014-06-17$37.99$35.0018.0%5.5%11.4%15.2%19.5%1.7%-0.2%57.6M-403.6M-11.2M2.657.3224,25264,2241,319,7981,678,088
2014-06-18$38.28$35.0017.3%5.5%11.0%11.2%20.4%1.9%0.8%72.3M-534.7M-11.3M2.668.8215,10040,1001,324,3071,732,985
2014-06-19$37.93$35.0017.1%5.5%11.3%9.9%22.5%1.6%0.4%54.4M-250.1M-11.2M0.847.4340,94634,2421,319,8541,731,473
2014-06-20$37.83$34.0015.8%5.4%11.2%2.3%19.4%0.9%0.3%82.3M-278.3M-11.0M1.927.8126,66251,2771,339,7291,759,193
2014-06-23$37.36$34.0016.1%5.4%12.3%4.2%18.9%1.3%0.3%-28.8M761.4M-11.1M0.138.36342,19244,5951,031,6431,412,034
2014-06-24$36.70$34.0016.2%5.5%13.9%4.6%20.0%0.3%0.2%-51.7M1.30B-11.0M0.6510.0031,73320,643949,7001,446,527
2014-06-25$36.77$34.0015.8%5.4%13.3%2.7%23.0%0.6%0.3%-47.5M1.27B-11.1M1.628.829,97316,110966,5401,458,174
2014-06-26$37.13$34.0015.8%5.4%13.7%2.5%20.0%0.5%0.0%-33.7M1.10B-10.9M0.377.6619,9277,392967,5041,465,839
2014-06-27$37.21$34.0015.6%5.4%13.6%1.2%23.7%0.7%0.3%-22.3M1.04B-10.8M0.527.7125,93313,474982,1631,468,234
2014-06-30$37.04$34.0015.6%5.3%13.4%1.1%18.8%0.2%0.2%-25.5M1.08B-10.7M0.929.5621,34219,588972,1061,442,132