FXI Options History — April 2021

In April 2021, FXI traded between $46.22 and $47.81. ATM implied volatility averaged 20.3%, placing in the 8.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 2.2% (HV 20d: 22.5%). Max pain ranged from $49.00 to $50.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.30.

Notable Days

  • 2021-04-13: Highest Volume — 222,180 contracts
  • 2021-04-30: Largest IV spike — 6.6% change
  • 2021-04-12: Highest IV Rank — 18.3%
  • 2021-04-12: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.94$46.22$47.81$47.38$46.22
Max Pain$49.86$49.00$50.00$50.00$50.00
ATM IV20.3%18.1%22.1%21.3%19.8%
Expected Move5.8%5.1%6.3%5.9%5.5%
HV 20d22.5%17.1%30.0%30.0%17.9%
HV 60d27.0%24.6%28.7%28.2%24.9%
IV Rank8.7%0.0%18.3%10.0%8.9%
IV Percentile10.7%0.0%32.1%16.3%6.3%
Term Structure0.0%-0.5%0.4%-0.4%0.1%
VWIV21.2%18.8%24.7%21.5%20.8%
Skew 25d1.7%1.2%2.4%1.9%1.6%
Skew 10d4.1%-4.3%13.3%4.9%4.1%
Call IV 25d20.3%18.3%22.1%21.2%19.6%
Put IV 25d22.0%19.6%23.5%23.1%21.1%
Bid-Ask Spread %11.073.6343.2511.3828.16
Gamma HHI0.100.070.180.090.09
Net GEX-38.6M-98.9M34.5M-40.9M-36.6M
Net DEX881.5M12.1M1.63B871.4M1.06B
Net VEX-11.2M-12.1M-10.5M-11.3M-10.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.300.163.650.581.67
Total Volume89,698.1910,517222,180102,25865,596
Total OI2,204,918.0481,944,3612,446,1492,130,6242,277,895

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$47.38$50.0021.3%5.9%30.0%10.0%21.5%1.9%-0.4%-40.9M871.4M-11.3M0.5811.3864,91237,346961,8931,168,731
2021-04-05$47.51$50.0021.4%6.0%29.7%13.9%21.6%2.1%0.2%-38.9M857.0M-11.0M1.906.633,6286,889969,8291,126,896
2021-04-06$47.81$50.0020.4%5.8%26.9%8.8%21.5%1.9%0.0%-32.4M653.9M-10.8M0.934.2534,06831,585950,4631,132,401
2021-04-07$46.44$50.0021.2%6.1%27.7%13.2%21.0%2.1%-0.0%-93.7M1.63B-10.5M0.385.6458,65322,211981,9361,165,740
2021-04-08$47.20$50.0021.2%6.1%28.3%13.1%22.1%1.6%0.1%-52.5M1.06B-10.9M0.163.96139,00022,0141,013,5371,175,503
2021-04-09$46.48$50.0021.7%6.2%25.2%15.8%21.6%1.7%-0.0%-77.7M1.51B-11.3M1.054.1657,78960,5211,133,1221,193,444
2021-04-12$46.43$50.0022.1%6.3%23.4%18.3%23.4%1.4%-0.1%-87.9M1.49B-10.9M2.543.6327,68070,2241,066,8521,193,373
2021-04-13$46.47$50.0021.4%6.1%23.4%14.1%23.3%1.2%-0.0%-98.9M1.53B-11.1M1.8221.6978,736143,4441,082,2361,240,939
2021-04-14$46.58$50.0021.1%5.9%23.0%12.9%24.7%1.8%-0.5%-71.2M1.45B-11.3M1.336.6529,92639,7081,120,0601,274,696
2021-04-15$46.76$50.0020.2%5.8%23.1%7.7%21.5%1.6%-0.2%-54.2M1.31B-11.2M0.6543.2531,97720,7411,134,7851,278,934
2021-04-16$46.98$50.0019.8%5.6%23.1%5.0%20.6%1.6%-0.2%-93.5M1.11B-11.1M1.064.3954,37057,6371,156,5161,289,633
2021-04-19$46.84$50.0020.9%6.0%23.1%11.5%21.8%1.9%0.1%-28.1M661.0M-11.0M0.434.5876,54032,694891,4271,052,934
2021-04-20$46.76$50.0020.6%5.9%23.1%9.6%21.2%2.4%0.2%-27.8M697.9M-11.1M1.208.7420,51724,710922,2411,067,655
2021-04-21$46.81$50.0019.9%5.7%21.5%5.7%21.8%1.7%0.0%-26.7M636.4M-10.8M0.177.03133,18722,113935,3801,068,313
2021-04-22$46.95$50.0020.1%5.8%17.7%7.2%20.0%1.9%0.4%-1.1M452.6M-11.5M2.767.1222,71262,6221,056,9041,082,789
2021-04-23$47.64$50.0019.4%5.5%18.2%2.9%19.7%1.4%0.4%34.5M12.1M-12.1M0.474.0952,62224,8901,067,3271,141,955
2021-04-26$46.84$50.0019.3%5.4%17.1%2.3%20.1%1.9%0.3%-15.0M622.5M-11.4M0.3731.1652,72219,6361,066,5611,121,325
2021-04-27$47.05$49.0018.9%5.3%17.1%0.5%19.2%1.7%-0.0%-488.6K409.5M-11.4M3.659.046,61024,1481,106,1911,122,912
2021-04-28$47.36$49.0018.1%5.1%17.1%0.0%18.8%1.4%0.2%26.5M123.5M-11.4M3.086.0721,26965,4871,111,9341,141,110
2021-04-29$47.16$49.0018.6%5.1%17.1%2.3%18.8%1.3%0.2%5.2M357.8M-11.4M1.1110.8329,57432,9541,109,4011,147,506
2021-04-30$46.22$50.0019.8%5.5%17.9%8.9%20.8%1.6%0.1%-36.6M1.06B-10.9M1.6728.1624,53641,0601,122,2271,155,668