FXI Options History — May 2024

In May 2024, FXI traded between $25.74 and $29.32. ATM implied volatility averaged 26.0%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 0.5% (HV 20d: 26.5%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-05-02: Highest Volume — 498,625 contracts
  • 2024-05-02: Largest IV spike — 14.8% change
  • 2024-05-02: Highest IV Rank — 60.7%
  • 2024-05-02: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.67$25.74$29.32$25.74$26.59
Max Pain$24.32$23.00$25.00$23.00$25.00
ATM IV26.0%24.3%29.5%25.7%25.6%
Expected Move7.4%6.9%9.1%7.6%7.3%
HV 20d26.5%21.6%29.3%21.6%23.3%
HV 60d24.2%23.0%25.6%25.6%23.1%
IV Rank21.5%2.0%60.7%17.9%17.3%
IV Percentile16.1%0.4%74.2%9.1%11.5%
Term Structure-0.7%-9.3%1.0%0.2%-1.0%
VWIV26.0%23.0%30.9%26.8%25.5%
Skew 25d-0.5%-2.6%1.0%-0.5%1.0%
Skew 10d0.0%-7.6%14.0%-0.9%14.0%
Call IV 25d26.6%24.1%31.4%26.6%25.6%
Put IV 25d26.2%24.4%28.8%26.1%26.6%
Bid-Ask Spread %60.6424.8483.7432.5874.50
Gamma HHI0.120.080.160.080.10
Net GEX119.9M77.8M151.7M104.2M77.8M
Net DEX-3.40B-5.68B-1.30B-2.42B-1.30B
Net VEX-13.5M-14.6M-11.9M-11.9M-14.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.261.350.501.23
Total Volume170,020.81841,648498,62551,599164,580
Total OI4,102,339.3643,682,4074,752,5993,717,4924,002,371

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$25.74$23.0025.7%7.6%21.6%17.9%26.8%-0.5%0.2%104.2M-2.42B-11.9M0.5032.5834,32317,2762,293,8521,423,640
2024-05-02$27.06$23.0029.5%9.1%27.1%60.7%30.9%-2.6%-0.8%109.3M-3.46B-11.9M0.3629.44367,053131,5722,309,1091,433,496
2024-05-03$27.31$23.0027.5%8.2%26.9%37.8%28.9%-0.8%-0.2%122.1M-3.74B-12.7M0.4424.84154,71867,5682,504,4011,520,146
2024-05-06$27.26$24.0026.9%7.5%27.1%31.9%26.6%-1.3%-9.3%125.9M-3.67B-12.9M0.9065.8364,15857,8702,558,3011,540,123
2024-05-07$26.91$24.0026.2%7.4%27.8%23.2%26.1%-0.3%0.6%124.7M-3.36B-12.9M0.3461.56142,26047,7382,565,2341,563,378
2024-05-08$26.82$24.0024.9%7.0%27.7%8.7%24.8%-0.2%0.2%128.4M-3.29B-13.0M0.7450.8772,95453,7662,598,4001,583,114
2024-05-09$27.38$24.0025.6%7.2%28.2%16.4%25.6%-0.6%-0.6%134.3M-3.84B-13.0M0.3051.78142,73942,8362,640,5361,641,715
2024-05-10$27.74$24.0025.8%7.3%23.9%19.3%25.7%-1.1%0.2%146.8M-4.21B-13.3M0.2662.53216,20555,4722,709,6861,659,971
2024-05-13$28.34$24.0028.0%7.7%24.3%44.1%27.5%0.3%0.1%143.1M-4.74B-13.1M0.2968.05222,86065,2022,754,1061,685,163
2024-05-14$27.98$24.0026.7%7.4%24.9%29.0%25.9%-1.9%-1.6%147.3M-4.36B-13.8M0.3169.3681,35625,4632,788,4981,736,705
2024-05-15$28.29$24.0026.7%7.3%24.5%28.7%25.9%-0.8%-0.9%151.7M-4.73B-13.6M0.4060.3553,36321,1642,844,6391,751,099
2024-05-16$29.16$24.0026.4%7.4%25.6%25.5%26.1%-1.5%-0.5%147.6M-5.57B-13.1M0.2966.10294,81484,9452,873,3821,760,249
2024-05-17$29.32$25.0026.6%7.3%25.2%28.1%26.0%-1.8%-1.7%124.3M-5.68B-13.5M0.5972.75133,53178,5992,925,0401,827,559
2024-05-20$29.02$25.0026.2%7.4%26.0%23.9%26.0%-0.5%0.1%122.3M-3.73B-13.7M0.6362.2947,07029,4252,347,6171,334,790
2024-05-21$28.56$25.0025.1%7.2%27.3%10.7%25.1%0.1%1.0%120.3M-3.31B-14.1M1.2664.4053,75567,7712,359,2061,370,920
2024-05-22$28.21$25.0024.3%7.0%27.8%2.0%23.0%-0.5%0.7%117.0M-2.97B-14.3M0.9863.5287,53985,4892,377,2511,387,290
2024-05-23$27.63$25.0024.6%7.0%29.3%5.0%25.5%0.3%-0.3%104.0M-2.40B-14.5M0.6883.74104,99671,6182,394,3291,447,205
2024-05-24$27.56$25.0024.3%6.9%29.0%2.8%24.4%1.0%0.9%100.9M-2.30B-14.6M0.5359.7048,60325,7842,426,6431,491,660
2024-05-28$27.54$25.0025.0%7.1%29.0%9.8%25.0%0.1%-0.8%101.2M-2.21B-14.6M1.3572.3617,69523,9532,413,0751,488,031
2024-05-29$27.13$25.0025.4%7.4%28.5%14.9%25.5%0.8%-1.2%91.4M-1.82B-14.4M0.6466.0969,51944,3732,437,3741,499,509
2024-05-30$27.12$25.0025.4%7.3%28.4%14.8%25.9%0.8%-0.4%92.6M-1.82B-14.5M1.0971.3932,78135,7022,465,7771,516,876
2024-05-31$26.59$25.0025.6%7.3%23.3%17.3%25.5%1.0%-1.0%77.8M-1.30B-14.2M1.2374.5073,87190,7092,483,3901,518,981