FXI Options History — May 2022

In May 2022, FXI traded between $28.05 and $31.93. ATM implied volatility averaged 39.1%, placing in the 55.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 0.1% (HV 20d: 39.0%). Max pain ranged from $33.00 to $35.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.78.

Notable Days

2022-05-31: Highest Volume — 357,371 contracts
2022-05-05: Largest IV spike — 12.5% change
2022-05-09: Highest IV Rank — 72.1%
2022-05-09: Largest Expected Move — 12.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$29.95	$28.05	$31.93	$30.94	$31.93
Max Pain	$33.95	$33.00	$35.00	$33.00	$33.00
ATM IV	39.1%	35.2%	45.5%	39.0%	35.4%
Expected Move	11.4%	10.4%	12.7%	12.1%	10.7%
HV 20d	39.0%	30.8%	43.4%	33.6%	42.1%
HV 60d	56.1%	54.1%	57.8%	54.1%	57.8%
IV Rank	55.7%	45.9%	72.1%	55.4%	46.2%
IV Percentile	91.4%	82.5%	98.0%	94.0%	82.5%
Term Structure	-0.5%	-2.0%	0.6%	-0.2%	-0.9%
VWIV	40.2%	36.3%	46.6%	46.6%	37.8%
Skew 25d	6.7%	4.6%	9.7%	7.1%	4.8%
Skew 10d	13.4%	8.4%	24.3%	14.6%	8.4%
Call IV 25d	36.8%	33.0%	41.5%	36.3%	34.2%
Put IV 25d	43.5%	38.9%	51.2%	43.5%	39.0%
Bid-Ask Spread %	31.96	7.37	53.35	39.02	29.95
Gamma HHI	0.09	0.08	0.11	0.08	0.11
Net GEX	3.6M	-28.6M	60.7M	23.5M	60.7M
Net DEX	1.29B	-141.3M	2.16B	1.07B	-141.3M
Net VEX	-10.0M	-12.1M	-8.5M	-11.1M	-12.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.22	1.91	0.88	0.22
Total Volume	161,336.714	65,061	357,371	65,061	357,371
Total OI	3,492,931.762	2,852,201	3,839,546	3,488,313	3,217,936

Daily Data (21 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
2022-05-02	$30.94	$33.00	39.0%	12.1%	33.6%	55.4%	46.6%	7.1%	-0.2%	23.5M	1.07B	-11.1M	0.88	39.02	34,617	30,444	2,088,863	1,399,450
2022-05-03	$31.40	$33.00	36.9%	11.3%	31.5%	50.0%	41.7%	6.9%	0.3%	34.8M	898.7M	-11.1M	1.05	7.37	89,458	94,319	2,104,516	1,402,720
2022-05-04	$31.65	$33.00	35.2%	10.8%	30.8%	45.9%	39.8%	5.9%	0.6%	40.3M	800.8M	-11.5M	1.02	13.31	34,929	35,716	2,138,233	1,443,747
2022-05-05	$29.99	$35.00	39.6%	11.2%	35.4%	57.1%	39.4%	6.6%	0.1%	-6.8M	1.58B	-10.3M	1.06	17.25	51,991	55,241	2,148,418	1,470,654
2022-05-06	$29.12	$35.00	41.2%	11.6%	36.4%	61.0%	38.1%	8.0%	0.3%	-22.5M	1.96B	-9.5M	0.47	37.74	110,468	52,208	2,175,251	1,492,301
2022-05-09	$28.05	$35.00	45.5%	12.7%	38.1%	72.1%	44.2%	9.7%	-1.0%	-28.2M	2.16B	-8.5M	1.07	37.18	71,947	77,303	2,147,326	1,461,465
2022-05-10	$28.30	$35.00	43.4%	12.4%	37.9%	66.7%	44.3%	9.5%	0.0%	-27.5M	2.10B	-8.9M	0.98	13.35	77,654	76,254	2,171,310	1,475,858
2022-05-11	$28.35	$35.00	41.9%	12.0%	38.0%	62.8%	42.2%	8.1%	-0.0%	-26.1M	2.07B	-8.6M	0.61	36.34	60,722	37,017	2,185,922	1,464,521
2022-05-12	$28.29	$35.00	42.6%	12.2%	37.0%	64.6%	43.5%	8.3%	0.1%	-28.6M	2.09B	-8.6M	0.48	35.38	119,908	57,984	2,191,871	1,469,651
2022-05-13	$29.62	$35.00	39.2%	11.1%	41.3%	56.1%	37.5%	7.4%	-1.3%	-8.5M	1.60B	-9.9M	0.49	46.22	84,540	41,333	2,240,554	1,477,102
2022-05-16	$29.57	$35.00	38.6%	11.0%	41.2%	54.4%	37.3%	7.0%	-0.7%	-11.6M	1.63B	-9.4M	0.61	45.45	62,617	38,186	2,236,301	1,472,318
2022-05-17	$30.43	$35.00	37.5%	10.8%	42.6%	51.8%	38.9%	6.0%	-2.0%	6.8M	1.27B	-9.9M	1.01	53.35	136,932	138,598	2,226,125	1,477,344
2022-05-18	$29.69	$35.00	39.1%	11.2%	42.3%	55.8%	38.2%	6.6%	0.0%	-9.7M	1.56B	-9.6M	0.48	15.45	94,557	45,778	2,270,525	1,457,309
2022-05-19	$30.37	$33.00	38.3%	11.1%	41.4%	53.8%	37.1%	6.1%	-1.4%	4.3M	1.23B	-10.0M	1.91	45.31	48,934	93,704	2,326,092	1,478,993
2022-05-20	$30.37	$33.00	38.3%	11.1%	41.3%	53.7%	41.7%	6.2%	-1.5%	5.2M	1.23B	-9.9M	0.64	47.43	136,544	86,869	2,335,893	1,503,653
2022-05-23	$30.31	$33.00	37.9%	11.3%	40.9%	52.6%	38.5%	6.6%	-1.0%	8.0M	802.5M	-10.0M	0.40	18.07	116,735	46,394	1,640,563	1,211,638
2022-05-24	$29.32	$33.00	39.4%	11.8%	42.3%	56.6%	41.1%	5.2%	-0.4%	-2.8M	1.12B	-9.5M	0.60	31.57	115,325	68,850	1,726,558	1,234,071
2022-05-25	$29.59	$33.00	38.9%	11.8%	41.2%	55.3%	40.1%	5.0%	-0.7%	3.8M	1.00B	-9.9M	1.01	34.45	77,589	78,284	1,778,734	1,262,427
2022-05-26	$30.76	$33.00	37.0%	11.1%	43.4%	50.5%	40.3%	5.1%	-0.2%	30.8M	509.5M	-11.1M	0.54	32.56	146,590	78,518	1,823,393	1,297,896
2022-05-27	$30.87	$33.00	35.6%	10.4%	40.4%	46.8%	36.3%	4.6%	0.1%	30.4M	463.8M	-11.6M	0.85	34.31	67,993	57,650	1,882,785	1,341,280
2022-05-31	$31.93	$33.00	35.4%	10.7%	42.1%	46.2%	37.8%	4.8%	-0.9%	60.7M	-141.3M	-12.1M	0.22	29.95	291,789	65,582	1,884,500	1,333,436