FXI Options History — April 2022

In April 2022, FXI traded between $28.68 and $34.24. ATM implied volatility averaged 35.4%, placing in the 46.2% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 18.8% (HV 20d: 54.2%). Max pain ranged from $34.00 to $36.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.84.

Notable Days

2022-04-22: Highest Volume — 322,801 contracts
2022-04-21: Largest IV spike — 18.2% change
2022-04-26: Highest IV Rank — 62.3%
2022-04-26: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.22	$28.68	$34.24	$33.11	$31.02
Max Pain	$35.10	$34.00	$36.00	$36.00	$34.00
ATM IV	35.4%	31.8%	41.7%	32.6%	38.2%
Expected Move	10.2%	9.1%	12.3%	9.2%	11.4%
HV 20d	54.2%	30.1%	86.5%	86.1%	35.6%
HV 60d	53.8%	53.2%	54.4%	53.9%	54.1%
IV Rank	46.2%	37.2%	62.3%	39.3%	53.6%
IV Percentile	92.0%	84.9%	96.8%	90.5%	94.0%
Term Structure	-0.3%	-2.2%	8.9%	-0.0%	-1.6%
VWIV	35.7%	31.4%	42.2%	32.0%	41.0%
Skew 25d	6.3%	4.7%	8.4%	5.3%	6.5%
Skew 10d	11.9%	-5.2%	17.0%	10.8%	12.3%
Call IV 25d	33.2%	29.6%	38.5%	31.0%	36.5%
Put IV 25d	39.5%	34.7%	46.3%	36.3%	42.9%
Bid-Ask Spread %	8.15	2.59	37.83	2.98	19.04
Gamma HHI	0.09	0.08	0.11	0.11	0.09
Net GEX	29.6M	-14.8M	102.2M	90.9M	24.8M
Net DEX	1.06B	-444.7M	1.88B	178.1M	1.00B
Net VEX	-10.1M	-13.0M	-7.8M	-12.0M	-11.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.29	3.15	1.00	0.52
Total Volume	171,897.8	76,820	322,801	191,397	292,008
Total OI	3,430,945.4	3,031,710	3,920,517	3,530,477	3,400,450

Daily Data (20 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
2022-04-01	$33.11	$36.00	32.6%	9.2%	86.1%	39.3%	32.0%	5.3%	-0.0%	90.9M	178.1M	-12.0M	1.00	2.98	95,484	95,913	2,344,344	1,186,133
2022-04-04	$34.24	$36.00	32.0%	9.2%	85.9%	37.6%	32.0%	5.1%	-0.3%	102.2M	-444.7M	-13.0M	0.29	15.32	131,412	38,394	2,323,588	1,198,685
2022-04-05	$33.39	$36.00	33.2%	9.6%	86.2%	40.7%	32.9%	5.5%	8.9%	78.3M	126.5M	-12.2M	0.54	37.83	76,377	41,259	2,335,115	1,212,815
2022-04-06	$32.76	$36.00	33.8%	9.6%	86.5%	42.2%	38.5%	5.3%	-0.3%	61.4M	505.0M	-11.5M	1.02	3.07	93,300	95,491	2,362,111	1,223,654
2022-04-07	$32.40	$36.00	33.9%	9.9%	84.9%	42.6%	32.5%	5.5%	-0.7%	49.9M	716.5M	-11.2M	0.54	2.75	118,015	64,268	2,403,077	1,238,285
2022-04-08	$32.35	$36.00	32.6%	9.5%	83.2%	39.3%	31.8%	5.5%	-0.6%	37.2M	798.9M	-11.2M	1.14	2.59	54,500	62,244	2,448,094	1,261,918
2022-04-11	$31.57	$36.00	34.5%	9.6%	78.8%	44.1%	36.3%	6.5%	-1.0%	28.4M	1.16B	-10.1M	1.80	2.88	52,232	94,120	2,439,279	1,259,944
2022-04-12	$31.43	$36.00	34.3%	10.0%	78.9%	43.4%	33.0%	6.8%	0.7%	26.9M	1.23B	-9.8M	0.36	2.80	168,456	60,341	2,457,800	1,259,368
2022-04-13	$32.02	$35.00	33.5%	9.6%	43.4%	41.5%	32.9%	5.8%	0.1%	56.3M	863.0M	-10.9M	0.43	3.24	84,973	36,272	2,585,568	1,283,797
2022-04-14	$31.73	$35.00	33.8%	9.5%	41.8%	42.2%	34.0%	5.8%	-0.5%	45.5M	1.02B	-10.6M	0.46	14.76	74,926	34,518	2,626,264	1,294,253
2022-04-18	$31.30	$35.00	32.6%	9.3%	37.1%	39.1%	33.4%	7.6%	-0.7%	31.9M	1.10B	-9.4M	0.46	29.35	110,429	50,666	1,975,207	1,060,592
2022-04-19	$31.05	$35.00	31.8%	9.1%	33.5%	37.2%	31.4%	6.2%	-0.3%	15.1M	1.25B	-9.0M	0.67	3.33	100,382	67,696	1,947,497	1,084,213
2022-04-20	$30.20	$35.00	32.0%	9.2%	30.1%	37.7%	31.5%	4.7%	0.2%	-3.6M	1.51B	-8.2M	0.60	3.22	47,942	28,878	1,967,976	1,127,274
2022-04-21	$29.25	$35.00	37.9%	10.9%	31.6%	52.6%	37.0%	5.7%	-1.3%	-10.2M	1.67B	-7.8M	0.86	3.36	79,588	68,221	1,988,571	1,127,656
2022-04-22	$29.60	$34.00	40.0%	11.6%	32.1%	58.1%	40.2%	7.8%	-2.2%	-2.4M	1.55B	-8.7M	1.11	3.60	152,842	169,959	2,040,177	1,164,285
2022-04-25	$29.19	$34.00	41.2%	12.2%	32.0%	61.1%	42.2%	7.8%	-1.8%	-11.7M	1.77B	-8.9M	0.75	3.86	149,556	112,571	1,933,483	1,297,287
2022-04-26	$28.68	$34.00	41.7%	12.3%	31.5%	62.3%	41.9%	7.8%	-1.4%	-14.8M	1.88B	-8.2M	3.15	2.68	37,659	118,800	1,906,893	1,276,637
2022-04-27	$29.48	$34.00	40.0%	11.7%	32.2%	58.2%	41.0%	8.4%	-2.0%	-8.1M	1.67B	-8.8M	0.38	3.14	129,361	49,258	1,901,430	1,310,662
2022-04-28	$29.67	$34.00	37.4%	11.0%	32.5%	51.5%	37.6%	7.2%	-1.6%	-6.9M	1.66B	-9.1M	0.68	3.18	59,326	40,319	2,013,293	1,351,233
2022-04-29	$31.02	$34.00	38.2%	11.4%	35.6%	53.6%	41.0%	6.5%	-1.6%	24.8M	1.00B	-11.1M	0.52	19.04	191,499	100,509	2,034,047	1,366,403