FXI Options History — July 2021

In July 2021, FXI traded between $39.05 and $46.08. ATM implied volatility averaged 23.0%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 1.0% (HV 20d: 23.9%). Max pain ranged from $44.00 to $46.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 2.74.

Notable Days

  • 2021-07-27: Highest Volume — 718,112 contracts
  • 2021-07-26: Largest IV spike — 43.7% change
  • 2021-07-26: Highest IV Rank — 100.0%
  • 2021-07-27: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.31$39.05$46.08$46.08$40.49
Max Pain$45.76$44.00$46.00$46.00$44.00
ATM IV23.0%18.7%36.6%18.7%27.3%
Expected Move6.6%5.2%11.0%5.2%8.0%
HV 20d23.9%14.1%38.7%14.1%38.7%
HV 60d20.2%16.6%26.8%16.8%26.8%
IV Rank38.2%11.2%100.0%11.2%51.7%
IV Percentile47.4%7.9%100.0%7.9%94.8%
Term Structure-0.2%-1.9%0.5%0.1%-0.6%
VWIV24.9%20.7%39.0%23.9%29.7%
Skew 25d4.6%1.2%11.4%1.2%7.6%
Skew 10d10.3%4.1%24.8%4.1%17.2%
Call IV 25d21.7%18.7%32.0%19.0%24.9%
Put IV 25d26.2%20.2%43.4%20.2%32.5%
Bid-Ask Spread %12.972.9747.9323.863.11
Gamma HHI0.130.090.170.110.12
Net GEX-87.9M-141.7M-7.3M-7.3M-57.0M
Net DEX1.52B284.8M2.75B284.8M2.12B
Net VEX-9.9M-10.9M-7.5M-10.4M-10.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.740.3218.461.171.19
Total Volume153,507.85730,572718,11234,76777,145
Total OI1,972,272.5241,681,7562,709,9891,784,8182,709,989

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$46.08$46.0018.7%5.2%14.1%11.2%23.9%1.2%0.1%-7.3M284.8M-10.4M1.1723.8616,01918,748780,8901,003,928
2021-07-02$45.50$46.0018.9%5.4%14.3%12.3%21.7%1.3%0.1%-44.0M690.0M-10.3M1.873.8220,89939,117790,4891,021,064
2021-07-06$44.25$46.0020.5%5.8%16.9%24.5%23.1%2.1%-0.1%-114.7M1.41B-9.7M12.9417.2313,630176,427786,9091,050,251
2021-07-07$44.33$46.0020.3%5.9%16.9%23.2%21.0%2.2%-0.2%-128.4M1.43B-10.0M1.403.6622,94532,108790,8881,179,116
2021-07-08$42.98$46.0022.1%6.3%19.8%37.3%23.0%3.6%-0.2%-141.7M2.11B-9.5M1.328.3131,84142,156794,9651,176,305
2021-07-09$44.14$46.0021.8%6.1%22.4%37.6%22.5%3.3%-1.2%-120.3M1.48B-10.3M0.5747.9374,47642,464813,1421,181,972
2021-07-12$44.02$46.0020.6%5.9%22.4%27.7%21.5%3.8%-0.1%-127.0M1.49B-9.8M1.334.9043,02857,047820,5741,166,973
2021-07-13$44.48$46.0020.4%5.9%22.8%26.0%21.8%3.6%0.2%-111.7M1.28B-10.3M1.458.3263,59391,995840,6631,184,828
2021-07-14$44.35$46.0019.9%5.8%22.4%21.7%23.3%3.1%0.4%-116.7M1.27B-10.3M18.464.945,877108,475880,3901,211,360
2021-07-15$44.72$46.0019.8%5.6%22.2%20.9%21.4%3.6%-0.4%-121.1M1.14B-10.6M2.713.058,24822,324882,5521,279,662
2021-07-16$44.38$46.0019.8%5.7%21.9%20.9%24.0%3.8%0.5%-59.7M1.32B-10.4M1.8520.2912,31722,803883,8541,278,244
2021-07-19$43.68$46.0022.8%6.5%22.5%45.8%25.1%5.1%0.0%-83.4M1.38B-10.0M1.727.5315,40826,499608,5391,073,217
2021-07-20$43.67$46.0021.5%6.2%22.5%35.0%23.4%4.2%0.1%-88.5M1.33B-9.8M1.398.2421,99830,580617,0401,089,614
2021-07-21$43.67$46.0020.8%6.0%22.4%29.2%22.5%3.6%0.5%-79.9M1.31B-9.6M0.6243.55104,74264,852634,8831,077,994
2021-07-22$43.89$46.0019.8%5.7%22.1%21.0%20.7%3.8%0.3%-51.7M1.12B-10.1M1.653.8112,15319,999739,7491,061,121
2021-07-23$42.76$46.0022.1%6.3%23.3%40.3%22.7%5.0%0.2%-98.7M1.63B-9.8M1.4011.7244,57962,338752,4491,074,654
2021-07-26$40.49$46.0031.8%9.4%28.0%100.0%33.1%9.8%-1.1%-82.4M2.36B-8.3M1.6323.32177,351288,372710,4201,059,202
2021-07-27$39.05$46.0036.6%11.0%29.4%100.0%39.0%11.4%-1.9%-73.3M2.75B-7.5M2.2418.27221,676496,436730,9631,097,806
2021-07-28$41.51$45.0029.0%8.6%38.7%60.4%31.2%7.0%-0.9%-78.7M2.02B-10.3M0.353.63257,57389,158871,2831,214,833
2021-07-29$40.97$44.0027.9%8.1%38.7%54.8%28.2%6.6%-0.4%-59.9M1.95B-10.7M0.322.97185,88460,3851,045,6871,449,261
2021-07-30$40.49$44.0027.3%8.0%38.7%51.7%29.7%7.6%-0.6%-57.0M2.12B-10.9M1.193.1135,30041,8451,227,8921,482,097