FXI Options History — February 2019

In February 2019, FXI traded between $42.38 and $45.02. ATM implied volatility averaged 20.2%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 3.2% (HV 20d: 17.0%). Max pain ranged from $40.50 to $42.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.55.

Notable Days

  • 2019-02-25: Highest Volume — 527,881 contracts
  • 2019-02-25: Largest IV spike — 6.2% change
  • 2019-02-26: Highest IV Rank — 33.9%
  • 2019-02-26: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.25$42.38$45.02$42.78$43.66
Max Pain$41.39$40.50$42.00$40.50$42.00
ATM IV20.2%19.3%21.3%20.2%21.2%
Expected Move5.8%5.5%6.1%6.0%6.0%
HV 20d17.0%14.8%19.4%19.4%16.2%
HV 60d20.0%18.9%21.8%21.8%19.1%
IV Rank25.7%20.3%33.9%24.7%33.6%
IV Percentile24.2%9.1%45.2%22.6%45.2%
Term Structure0.0%-0.4%0.4%0.3%-0.4%
VWIV20.3%19.3%22.1%20.1%20.7%
Skew 25d2.3%1.5%3.2%2.9%1.5%
Skew 10d4.6%3.1%7.3%5.5%3.3%
Call IV 25d19.4%18.7%21.0%19.2%21.0%
Put IV 25d21.7%20.7%23.0%22.1%22.4%
Bid-Ask Spread %2.371.584.794.791.94
Gamma HHI0.120.090.260.110.10
Net GEX268.7M176.6M435.2M220.3M252.6M
Net DEX-2.50B-3.81B-1.82B-2.49B-2.10B
Net VEX-17.0M-18.7M-16.2M-16.3M-18.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.141.320.220.17
Total Volume259,372.211134,177527,881329,494271,040
Total OI3,507,842.6843,102,7313,821,9773,236,3033,801,110

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$42.78$40.5020.2%6.0%19.4%24.7%20.1%2.9%0.3%220.3M-2.49B-16.3M0.224.79269,47460,0201,668,2201,568,083
2019-02-04$42.77$41.0019.8%5.7%16.8%21.8%19.7%2.8%0.2%284.6M-2.50B-16.2M0.142.12284,37440,4881,797,7641,539,424
2019-02-05$43.41$41.0020.0%5.8%17.2%23.7%19.6%2.7%0.3%342.6M-3.36B-16.8M0.323.07222,73170,6941,889,0931,570,445
2019-02-06$42.86$41.0020.2%5.8%18.3%25.0%20.3%2.6%0.1%284.0M-2.52B-17.2M0.562.10108,60660,5921,929,0151,607,323
2019-02-07$42.42$41.0020.8%6.0%18.3%28.8%22.1%3.2%-0.2%219.1M-1.90B-17.4M0.762.26113,28586,0011,974,7561,640,593
2019-02-08$42.38$41.0020.3%5.8%18.3%25.4%20.2%3.0%0.1%209.7M-1.82B-17.2M0.612.30139,96885,8271,980,8361,674,257
2019-02-11$42.53$41.0019.9%5.7%18.2%22.8%19.8%2.7%0.2%231.3M-2.02B-16.7M0.671.7980,34453,8331,912,4461,688,370
2019-02-12$42.59$41.0019.4%5.6%17.6%21.0%19.7%2.1%-0.0%244.5M-2.17B-16.6M0.802.6293,89575,3721,949,4701,728,946
2019-02-13$42.94$41.0019.3%5.5%17.6%20.3%19.7%2.1%0.1%295.3M-2.70B-16.7M0.692.31151,344105,0261,987,3101,743,926
2019-02-14$42.92$41.0019.5%5.6%17.1%21.5%20.0%1.9%0.1%281.0M-2.60B-16.9M1.322.2285,944113,3572,012,9901,801,873
2019-02-15$42.65$41.5019.7%5.6%17.4%23.2%19.7%2.0%0.1%176.6M-2.20B-16.5M0.562.44236,642131,5941,986,2751,835,702
2019-02-19$43.26$41.5019.9%5.7%17.7%24.1%20.8%2.2%0.3%244.2M-1.97B-16.6M0.951.7671,66067,8141,692,1191,410,612
2019-02-20$43.49$42.0020.3%5.8%15.0%27.1%20.2%1.9%-0.2%270.0M-2.23B-16.8M0.371.80121,63144,5251,717,8531,447,211
2019-02-21$43.39$42.0019.8%5.6%14.8%23.3%19.3%1.9%0.1%275.7M-2.10B-16.8M0.872.4589,91678,6631,753,2771,475,252
2019-02-22$44.05$42.0019.7%5.6%15.2%22.7%19.6%1.8%0.4%435.2M-2.93B-17.1M0.393.49307,897118,8591,770,5911,537,864
2019-02-25$45.02$42.0020.9%6.0%15.5%31.2%21.0%1.8%-0.4%266.5M-3.81B-16.8M0.152.20458,38169,5001,733,9891,596,286
2019-02-26$44.68$42.0021.3%6.1%15.2%33.9%21.6%1.9%-0.3%304.6M-3.56B-18.0M0.451.58230,516102,9741,932,6461,623,268
2019-02-27$43.95$42.0021.2%6.0%16.8%33.4%21.1%1.9%-0.3%267.2M-2.56B-18.7M0.391.81162,23463,0511,994,1071,675,709
2019-02-28$43.66$42.0021.2%6.0%16.2%33.6%20.7%1.5%-0.4%252.6M-2.10B-18.7M0.171.94231,77039,2702,082,4501,718,660