FXI Options History — April 2019

In April 2019, FXI traded between $44.33 and $45.82. ATM implied volatility averaged 17.8%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 1.8% (HV 20d: 16.0%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.11.

Notable Days

  • 2019-04-03: Highest Volume — 621,137 contracts
  • 2019-04-04: Largest IV drop — 4.6% change
  • 2019-04-03: Highest IV Rank — 18.6%
  • 2019-04-03: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.17$44.33$45.82$44.97$44.49
Max Pain$43.55$43.00$44.00$43.00$44.00
ATM IV17.8%17.1%19.1%18.8%17.2%
Expected Move5.1%4.9%5.5%5.5%5.0%
HV 20d16.0%13.4%20.5%20.5%13.5%
HV 60d17.6%16.8%18.9%18.9%16.9%
IV Rank9.5%5.1%18.6%16.8%5.5%
IV Percentile5.5%2.8%9.5%7.9%3.2%
Term Structure0.0%-0.4%0.4%0.0%-0.0%
VWIV18.3%17.3%19.6%18.8%17.6%
Skew 25d1.6%1.1%2.2%1.5%1.1%
Skew 10d3.2%2.1%4.6%2.8%2.8%
Call IV 25d17.4%16.6%18.5%18.5%17.2%
Put IV 25d18.9%18.1%20.7%20.1%18.3%
Bid-Ask Spread %2.901.5010.322.282.42
Gamma HHI0.100.070.210.080.08
Net GEX244.7M39.8M583.4M271.1M69.6M
Net DEX-2.22B-3.73B-435.4M-2.30B-783.7M
Net VEX-16.7M-18.4M-14.9M-17.7M-14.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.134.730.200.50
Total Volume200,251.66766,783621,137180,200258,035
Total OI3,573,258.9523,078,4294,039,9603,333,4373,136,925

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$44.97$43.0018.8%5.5%20.5%16.8%18.8%1.5%0.0%271.1M-2.30B-17.7M0.202.28149,98330,2171,810,2781,523,159
2019-04-02$44.74$43.0018.5%5.4%20.0%14.3%18.7%1.2%-0.0%285.8M-2.09B-18.0M0.562.8594,27852,6251,952,0701,552,136
2019-04-03$45.09$43.0019.1%5.5%19.8%18.6%19.6%2.2%-0.1%321.9M-2.63B-18.3M2.752.86165,529455,6081,987,6011,577,395
2019-04-04$45.50$43.5018.2%5.3%18.0%12.5%19.1%1.7%0.1%285.2M-3.14B-18.4M3.052.8997,457297,4232,061,3911,847,098
2019-04-05$45.82$43.5017.7%5.2%16.3%8.9%18.3%1.3%0.2%365.1M-3.73B-18.0M0.892.5395,61385,2022,068,7291,739,227
2019-04-08$45.72$43.5017.8%5.2%14.9%9.9%18.6%1.3%0.4%372.7M-3.39B-17.4M0.942.15111,188104,6372,024,8331,724,997
2019-04-09$45.59$43.5017.7%5.2%14.8%9.1%19.3%1.8%0.3%324.2M-3.03B-17.4M4.732.1625,620121,1652,000,2381,789,667
2019-04-10$45.56$43.5017.4%5.1%14.7%7.3%18.9%1.8%0.2%325.5M-2.98B-17.4M1.321.9668,43190,3912,007,0571,844,506
2019-04-11$44.84$43.5017.5%5.0%15.9%7.6%17.8%1.9%0.0%162.4M-1.70B-17.4M0.854.3690,06776,3212,030,0241,870,733
2019-04-12$45.44$43.5017.3%5.0%16.1%6.1%17.9%1.8%0.1%583.4M-2.81B-17.1M0.722.88136,79498,3582,054,6671,885,391
2019-04-15$44.95$43.5017.8%5.1%15.9%10.0%18.6%1.5%0.2%254.1M-2.02B-17.2M1.322.4670,34493,1552,062,9521,804,025
2019-04-16$45.57$43.5017.4%5.0%16.7%6.9%17.4%1.3%0.4%325.4M-2.96B-16.9M0.364.14138,87149,5182,063,8571,879,291
2019-04-17$45.70$43.5017.6%5.0%16.7%8.4%17.9%1.4%0.0%384.4M-3.34B-16.4M0.2310.32126,46329,2212,088,4411,902,428
2019-04-18$45.69$43.5017.2%4.9%16.5%5.7%17.4%1.1%0.1%196.0M-3.43B-16.1M1.461.9436,60453,5682,131,2461,908,714
2019-04-22$45.31$43.5017.8%5.1%13.4%10.1%19.3%1.9%-0.2%150.3M-1.60B-15.9M1.812.3023,79442,9891,523,3971,555,032
2019-04-23$45.31$43.5017.9%5.1%13.4%10.2%18.2%1.7%-0.4%148.4M-1.60B-15.6M0.731.7747,27434,3991,535,6391,585,022
2019-04-24$44.66$44.0017.9%5.1%14.5%10.5%17.8%1.7%-0.1%92.6M-888.3M-15.5M0.221.81174,66339,2321,567,1691,603,703
2019-04-25$44.33$44.0017.6%5.0%14.9%8.3%17.3%1.8%-0.3%39.8M-435.4M-15.2M0.251.50150,88137,5461,501,8981,621,718
2019-04-26$44.52$44.0017.1%4.9%14.8%5.1%17.3%1.5%-0.3%77.5M-703.6M-15.1M0.132.22228,85928,8551,475,5241,636,783
2019-04-29$44.75$44.0017.5%5.1%14.4%7.6%18.0%1.4%-0.1%103.1M-1.11B-15.1M0.393.0567,93726,1701,502,0021,601,475
2019-04-30$44.49$44.0017.2%5.0%13.5%5.5%17.6%1.1%-0.0%69.6M-783.7M-14.9M0.502.42172,10185,9341,521,1011,615,824