FXI Options History — April 2024

In April 2024, FXI traded between $23.66 and $26.05. ATM implied volatility averaged 25.8%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.1% (HV 20d: 18.7%). Max pain ranged from $22.00 to $23.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.62.

Notable Days

2024-04-03: Highest Volume — 308,123 contracts
2024-04-12: Largest IV spike — 8.9% change
2024-04-12: Highest IV Rank — 32.0%
2024-04-29: Largest Expected Move — 7.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.57	$23.66	$26.05	$24.43	$25.52
Max Pain	$23.11	$22.00	$23.50	$22.00	$23.00
ATM IV	25.8%	24.8%	27.0%	25.4%	26.0%
Expected Move	7.5%	7.2%	7.9%	7.4%	7.6%
HV 20d	18.7%	14.6%	21.8%	21.7%	21.8%
HV 60d	27.3%	25.7%	28.9%	28.9%	25.9%
IV Rank	19.4%	7.2%	32.0%	14.4%	21.6%
IV Percentile	9.2%	0.8%	23.4%	2.4%	12.7%
Term Structure	0.0%	-1.8%	1.3%	-1.8%	-0.1%
VWIV	26.4%	25.2%	28.5%	26.2%	27.3%
Skew 25d	0.3%	-0.5%	1.8%	-0.1%	-0.0%
Skew 10d	0.8%	-1.0%	2.5%	0.5%	0.6%
Call IV 25d	26.0%	24.9%	27.2%	25.9%	26.3%
Put IV 25d	26.3%	24.8%	27.9%	25.8%	26.3%
Bid-Ask Spread %	44.06	21.07	73.58	48.34	21.07
Gamma HHI	0.08	0.07	0.12	0.08	0.08
Net GEX	73.6M	27.0M	102.5M	75.2M	100.4M
Net DEX	-1.64B	-2.59B	-877.4M	-1.64B	-2.21B
Net VEX	-11.9M	-13.0M	-11.2M	-11.4M	-12.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.09	1.65	1.65	0.14
Total Volume	122,621.227	36,269	308,123	59,154	136,191
Total OI	3,905,601.636	3,372,008	4,313,254	3,649,723	3,734,426

Daily Data (22 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
2024-04-01	$24.43	$22.00	25.4%	7.4%	21.7%	14.4%	26.2%	-0.1%	-1.8%	75.2M	-1.64B	-11.4M	1.65	48.34	22,358	36,796	2,309,107	1,340,616
2024-04-02	$24.62	$22.00	25.4%	7.4%	20.0%	14.9%	26.2%	-0.1%	0.1%	82.9M	-1.80B	-11.5M	0.86	56.66	37,770	32,588	2,356,506	1,400,736
2024-04-03	$24.44	$22.00	25.5%	7.2%	19.2%	15.5%	25.2%	0.2%	-0.7%	77.9M	-1.65B	-11.5M	0.49	43.98	207,335	100,788	2,347,996	1,380,724
2024-04-04	$24.30	$23.50	25.6%	7.5%	18.0%	16.9%	26.6%	0.5%	1.3%	76.5M	-1.61B	-12.8M	0.46	38.51	95,431	43,674	2,542,069	1,471,884
2024-04-05	$24.20	$23.50	25.8%	7.4%	17.7%	19.4%	26.0%	-0.4%	-0.4%	75.9M	-1.53B	-13.0M	0.53	36.85	61,789	32,853	2,617,262	1,505,569
2024-04-08	$24.37	$23.50	25.6%	7.4%	17.8%	16.6%	26.5%	0.1%	0.3%	83.0M	-1.67B	-12.4M	0.09	52.09	192,574	17,761	2,586,183	1,507,393
2024-04-09	$24.57	$23.50	25.7%	7.4%	16.2%	17.3%	25.9%	0.1%	0.3%	88.7M	-1.82B	-12.3M	0.28	52.35	61,324	17,209	2,511,645	1,517,519
2024-04-10	$24.44	$23.50	25.1%	7.3%	14.6%	10.7%	26.6%	0.0%	0.5%	82.0M	-1.70B	-12.0M	0.40	52.86	111,008	44,712	2,542,168	1,527,702
2024-04-11	$24.70	$23.50	24.8%	7.2%	15.0%	7.2%	25.3%	-0.1%	0.4%	102.5M	-2.04B	-12.4M	0.40	29.85	40,878	16,197	2,627,610	1,562,517
2024-04-12	$23.84	$23.50	27.0%	7.8%	18.2%	32.0%	27.6%	1.8%	1.1%	46.7M	-1.07B	-12.4M	0.78	41.76	74,780	58,640	2,658,623	1,569,491
2024-04-15	$23.91	$23.50	26.0%	7.5%	18.2%	21.0%	26.3%	0.6%	0.8%	51.2M	-1.15B	-12.1M	1.35	42.91	28,395	38,309	2,691,525	1,592,775
2024-04-16	$23.73	$23.50	26.7%	7.7%	18.3%	29.6%	27.1%	1.1%	-0.1%	37.3M	-961.3M	-11.8M	0.76	73.58	46,208	35,341	2,684,430	1,586,918
2024-04-17	$23.66	$23.50	25.6%	7.3%	18.3%	17.0%	25.7%	0.8%	0.6%	27.0M	-877.4M	-11.5M	0.51	40.19	30,783	15,566	2,690,856	1,603,818
2024-04-18	$24.05	$23.50	25.5%	7.3%	18.9%	16.0%	26.5%	0.7%	0.4%	50.1M	-1.28B	-11.6M	1.22	44.23	136,913	167,327	2,686,220	1,608,595
2024-04-19	$23.99	$23.00	26.1%	7.4%	18.9%	22.6%	26.0%	0.1%	0.5%	67.0M	-1.23B	-11.6M	0.92	45.94	51,860	47,549	2,699,091	1,614,163
2024-04-22	$24.41	$23.00	26.1%	7.4%	18.9%	22.5%	26.1%	0.5%	-0.9%	54.6M	-1.24B	-11.2M	0.74	21.39	20,845	15,424	2,067,149	1,304,859
2024-04-23	$24.80	$23.00	25.5%	7.3%	19.6%	15.5%	25.6%	0.1%	-0.6%	69.6M	-1.56B	-11.2M	0.29	38.57	66,328	19,091	2,074,467	1,316,557
2024-04-24	$25.23	$23.00	25.9%	7.4%	20.3%	20.2%	26.2%	0.9%	0.0%	83.7M	-1.94B	-11.4M	0.35	46.44	105,846	37,072	2,111,117	1,324,864
2024-04-25	$25.43	$23.00	26.1%	7.5%	20.2%	22.4%	26.5%	0.2%	-0.8%	89.4M	-2.09B	-11.6M	0.66	47.49	52,963	34,844	2,149,499	1,350,246
2024-04-26	$25.87	$23.00	26.3%	7.6%	20.6%	25.1%	26.5%	-0.5%	-0.5%	97.5M	-2.47B	-11.5M	0.49	43.97	88,133	43,561	2,171,526	1,372,083
2024-04-29	$26.05	$23.00	26.7%	7.9%	20.2%	29.5%	28.5%	-0.4%	-0.1%	99.5M	-2.59B	-11.6M	0.20	50.26	144,180	28,473	2,208,218	1,396,514
2024-04-30	$25.52	$23.00	26.0%	7.6%	21.8%	21.6%	27.3%	-0.0%	-0.1%	100.4M	-2.21B	-12.2M	0.14	21.07	119,133	17,058	2,316,039	1,418,387