FXI Options History — February 2022

In February 2022, FXI traded between $34.89 and $38.73. ATM implied volatility averaged 28.6%, placing in the 58.1% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 0.2% (HV 20d: 28.8%). Max pain ranged from $37.50 to $38.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.74.

Notable Days

2022-02-10: Highest Volume — 438,599 contracts
2022-02-15: Largest IV drop — 11.0% change
2022-02-28: Highest IV Rank — 76.8%
2022-02-28: Largest Expected Move — 9.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.16	$34.89	$38.73	$38.09	$34.89
Max Pain	$37.92	$37.50	$38.00	$38.00	$37.50
ATM IV	28.6%	25.5%	32.3%	28.1%	32.3%
Expected Move	8.3%	7.2%	9.9%	8.5%	9.9%
HV 20d	28.8%	25.9%	32.7%	32.7%	26.7%
HV 60d	26.6%	25.8%	27.2%	27.2%	26.8%
IV Rank	58.1%	42.1%	76.8%	55.3%	76.8%
IV Percentile	85.3%	57.9%	98.4%	87.7%	98.4%
Term Structure	-0.3%	-1.3%	0.4%	-0.2%	-0.9%
VWIV	28.9%	24.8%	33.1%	29.9%	33.1%
Skew 25d	4.5%	3.8%	5.3%	4.5%	5.0%
Skew 10d	9.4%	8.2%	10.7%	9.5%	10.6%
Call IV 25d	27.2%	24.2%	30.5%	26.5%	30.5%
Put IV 25d	31.7%	28.0%	35.7%	31.0%	35.5%
Bid-Ask Spread %	5.86	3.40	15.98	15.98	4.07
Gamma HHI	0.12	0.09	0.18	0.11	0.09
Net GEX	52.0M	-32.4M	130.7M	98.3M	4.2M
Net DEX	106.4M	-814.9M	1.11B	-513.0M	1.08B
Net VEX	-12.6M	-14.3M	-10.1M	-14.3M	-10.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.12	1.52	0.41	0.37
Total Volume	152,425.737	70,955	438,599	156,595	138,631
Total OI	2,849,778.632	2,466,073	3,133,151	2,818,841	2,712,175

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$38.09	$38.00	28.1%	8.5%	32.7%	55.3%	29.9%	4.5%	-0.2%	98.3M	-513.0M	-14.3M	0.41	15.98	110,942	45,653	1,893,498	925,343
2022-02-02	$37.90	$38.00	27.6%	8.4%	32.1%	53.0%	31.2%	4.2%	-0.1%	90.4M	-368.3M	-14.0M	0.85	7.43	59,830	50,578	1,913,973	936,901
2022-02-03	$37.67	$38.00	29.1%	8.1%	31.3%	60.6%	27.7%	4.6%	-0.2%	83.7M	-252.6M	-13.9M	1.05	3.40	34,568	36,387	1,939,235	938,965
2022-02-04	$38.03	$38.00	27.2%	7.9%	31.1%	51.0%	27.0%	4.2%	-0.2%	91.4M	-413.2M	-13.7M	1.47	4.05	31,884	46,984	1,919,190	940,577
2022-02-07	$37.77	$38.00	27.3%	7.9%	30.6%	51.6%	28.1%	4.4%	0.1%	74.5M	-168.5M	-13.2M	0.66	3.55	54,241	35,649	1,895,312	932,070
2022-02-08	$38.04	$38.00	26.5%	7.6%	30.6%	47.0%	27.3%	4.4%	0.1%	88.6M	-332.6M	-13.2M	0.95	3.50	110,680	105,432	1,909,783	934,908
2022-02-09	$38.73	$38.00	25.5%	7.2%	29.2%	42.1%	24.8%	3.8%	-0.3%	130.7M	-814.9M	-14.1M	0.80	7.20	56,418	45,213	1,945,083	973,204
2022-02-10	$38.22	$38.00	27.1%	7.8%	28.5%	50.1%	26.0%	4.0%	0.2%	99.0M	-417.2M	-13.5M	0.12	3.60	392,644	45,955	1,935,416	977,445
2022-02-11	$37.61	$38.00	29.6%	8.4%	28.0%	63.3%	29.0%	5.0%	-0.7%	62.9M	-59.8M	-13.5M	0.75	5.02	73,572	54,969	1,996,949	989,840
2022-02-14	$37.31	$38.00	30.8%	8.9%	27.9%	69.3%	29.4%	5.2%	-1.3%	35.7M	181.3M	-12.7M	0.97	3.97	44,159	42,760	1,979,808	995,599
2022-02-15	$37.75	$38.00	27.4%	7.9%	28.0%	52.1%	27.8%	4.6%	0.4%	50.0M	-45.7M	-12.8M	0.65	3.85	91,878	59,469	1,989,628	1,002,881
2022-02-16	$38.09	$38.00	26.1%	7.5%	28.1%	45.3%	27.5%	4.2%	-0.1%	74.3M	-286.1M	-13.2M	0.62	3.73	85,493	53,382	2,038,628	1,013,122
2022-02-17	$37.85	$38.00	27.3%	7.8%	25.9%	51.3%	28.0%	4.4%	-0.4%	50.3M	-118.0M	-13.2M	1.52	4.05	93,047	141,153	2,065,765	1,031,688
2022-02-18	$36.88	$38.00	28.4%	8.1%	26.7%	56.9%	30.2%	4.2%	0.2%	-32.4M	613.6M	-12.2M	1.15	8.37	66,206	75,819	2,072,405	1,060,746
2022-02-22	$35.80	$38.00	29.5%	8.6%	27.8%	62.5%	29.2%	5.0%	-0.2%	-458.3K	812.9M	-10.7M	0.37	7.45	100,496	37,651	1,618,193	847,880
2022-02-23	$35.35	$38.00	31.2%	9.2%	27.7%	71.2%	30.7%	4.9%	-0.4%	-6.4M	981.0M	-10.5M	0.67	4.81	98,793	66,182	1,649,780	877,786
2022-02-24	$34.97	$37.50	32.2%	9.6%	27.1%	76.3%	32.3%	5.3%	-0.6%	-6.9M	1.11B	-10.2M	0.26	10.47	156,774	40,105	1,715,089	883,370
2022-02-25	$35.17	$37.50	30.7%	9.1%	26.7%	68.8%	30.5%	4.5%	-0.5%	746.7K	1.03B	-10.3M	0.49	6.79	75,607	36,885	1,802,578	890,981
2022-02-28	$34.89	$37.50	32.3%	9.9%	26.7%	76.8%	33.1%	5.0%	-0.9%	4.2M	1.08B	-10.1M	0.37	4.07	101,253	37,378	1,820,984	891,191