FXI Options History — November 2019

In November 2019, FXI traded between $40.91 and $43.03. ATM implied volatility averaged 18.2%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 2.7% (HV 20d: 15.5%). Max pain ranged from $41.00 to $42.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.00.

Notable Days

  • 2019-11-04: Highest Volume — 679,267 contracts
  • 2019-11-18: Largest IV spike — 6.3% change
  • 2019-11-21: Highest IV Rank — 30.3%
  • 2019-11-29: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.83$40.91$43.03$42.00$40.91
Max Pain$41.77$41.00$42.00$41.00$42.00
ATM IV18.2%16.4%20.2%16.7%19.0%
Expected Move5.7%4.8%6.1%4.8%6.1%
HV 20d15.5%14.1%18.6%15.6%18.6%
HV 60d14.9%14.0%16.3%16.2%14.9%
IV Rank17.4%4.9%30.3%6.5%23.8%
IV Percentile28.2%2.8%56.3%6.3%38.5%
Term Structure0.2%-1.1%2.4%0.1%-1.0%
VWIV19.5%17.0%21.2%17.0%20.8%
Skew 25d1.4%0.3%2.3%0.6%1.9%
Skew 10d2.2%0.7%5.2%1.5%2.4%
Call IV 25d17.4%16.6%18.6%16.7%17.6%
Put IV 25d18.7%16.9%20.1%17.3%19.5%
Bid-Ask Spread %2.321.543.241.542.14
Gamma HHI0.110.080.270.270.11
Net GEX89.5M-174.2M550.4M550.4M-137.3M
Net DEX-848.8M-3.76B1.02B-2.01B1.02B
Net VEX-16.2M-17.4M-14.4M-17.2M-14.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.172.150.342.08
Total Volume185,478.0522,153679,267237,34177,006
Total OI5,095,163.254,429,0345,666,4445,308,3264,636,386

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-11-01$42.00$41.0016.7%4.8%15.6%6.5%17.0%0.6%0.1%550.4M-2.01B-17.2M0.341.54176,76260,5792,335,6732,972,653
2019-11-04$42.50$41.0017.1%5.7%15.7%9.4%19.7%0.7%0.3%323.4M-2.81B-16.7M0.172.98581,22698,0412,310,5122,967,879
2019-11-05$42.77$41.0017.2%5.8%15.4%10.2%20.7%0.5%0.2%359.1M-3.48B-17.3M0.302.26274,52881,5432,410,9743,014,689
2019-11-06$42.70$41.0016.9%5.6%15.1%8.1%19.3%0.6%0.4%354.4M-3.08B-16.9M0.402.26191,40077,0232,320,0633,068,243
2019-11-07$43.03$42.0016.4%5.5%14.8%4.9%18.9%0.3%0.4%377.8M-3.76B-16.4M0.402.05160,86664,5032,381,6423,109,376
2019-11-08$42.66$41.5016.7%5.5%14.1%6.5%19.2%0.5%0.1%359.8M-3.06B-17.3M1.072.16106,757114,5292,505,0753,161,369
2019-11-11$42.03$42.0017.5%5.7%14.9%11.9%19.2%1.5%2.0%163.8M-1.35B-17.0M2.002.0346,42292,7132,378,5423,177,406
2019-11-12$41.69$42.0017.7%5.9%14.9%13.3%19.1%1.7%2.4%77.7M-547.5M-17.4M0.612.25181,888111,7012,403,9453,240,464
2019-11-13$41.15$42.0018.6%6.1%15.7%19.3%21.2%2.3%2.2%-124.7M754.1M-17.3M1.982.3165,465129,9112,309,5613,273,941
2019-11-14$41.00$42.0018.9%6.0%15.6%21.4%20.3%2.3%1.8%-174.2M1.02B-16.7M1.302.2781,979106,4792,289,9023,286,644
2019-11-15$41.09$42.0018.1%5.6%15.4%15.8%19.7%1.7%1.9%-130.4M743.4M-16.2M1.492.0777,053115,0922,344,9173,314,567
2019-11-18$41.27$42.0019.2%5.7%15.1%23.4%19.1%2.0%-1.0%-81.8M485.0M-15.6M0.812.8631,24225,3261,715,4832,713,551
2019-11-19$41.66$42.0019.7%5.7%15.3%26.6%19.4%1.0%-1.1%-20.7M-133.7M-15.5M0.783.24122,56895,9631,730,4942,722,349
2019-11-20$41.43$42.0020.2%5.8%15.5%29.9%19.2%1.3%-1.0%-55.9M194.2M-15.8M2.152.3641,14188,4751,817,8652,769,573
2019-11-21$41.33$42.0019.9%5.8%15.5%30.3%18.7%1.6%-1.0%-83.7M421.9M-16.0M0.472.1159,39927,9901,846,3382,821,785
2019-11-22$41.27$42.0019.0%5.5%15.3%23.4%18.7%1.5%-0.7%-90.0M508.8M-15.5M1.522.9313,50020,4871,877,5142,814,418
2019-11-25$42.00$42.0018.8%5.7%16.3%22.5%19.0%1.6%-0.8%34.5M-606.1M-14.7M0.461.9729,81513,7451,841,1862,770,895
2019-11-26$41.99$42.0018.5%5.9%15.9%20.3%20.6%2.1%-1.0%37.8M-594.7M-14.7M0.772.1712,5119,6421,845,6392,774,255
2019-11-27$42.06$42.0018.6%5.8%15.8%20.8%19.8%1.7%-1.1%50.3M-691.3M-14.4M0.892.3923,42820,8631,852,3042,775,193
2019-11-29$40.91$42.0019.0%6.1%18.6%23.8%20.8%1.9%-1.0%-137.3M1.02B-14.4M2.082.1425,02551,9811,847,3452,789,041