IXN Options History — September 2008

In September 2008, IXN traded between $7.86 and $9.30. ATM implied volatility averaged 32.2%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 3.8% (HV 20d: 28.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-09-24: Highest Volume — 24 contracts
  • 2008-09-11: Largest IV drop — 44.9% change
  • 2008-09-10: Highest IV Rank — 41.6%
  • 2008-09-29: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.60$7.86$9.30$9.30$8.11
ATM IV32.2%24.9%50.7%28.8%37.5%
Expected Move8.7%7.1%11.0%8.3%10.8%
HV 20d28.4%18.7%49.2%19.3%49.2%
HV 60d24.1%20.1%32.6%20.1%32.6%
IV Rank16.1%5.9%41.6%11.3%23.4%
IV Percentile54.1%10.7%93.7%41.3%81.0%
Term Structure-6.1%-13.2%2.4%-8.0%-12.2%
Skew 25d-0.9%-8.1%11.1%11.1%-6.9%
Skew 10d-3.3%-18.1%11.1%11.1%-16.4%
Call IV 25d31.0%17.1%44.7%17.1%43.3%
Put IV 25d30.1%26.4%37.8%28.2%36.4%
Bid-Ask Spread %149.80124.82166.70135.29152.09
Gamma HHI0.910.501.001.000.50
Net GEX265162576240344
Net DEX-3.7K-6.7K-1.4K-5.8K-3.0K
Net VEX-29-50-16-33-30
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.14302400
Total OI16.57112361236

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-09-02$9.30$0.0028.8%8.3%19.3%11.3%0.0%11.1%-8.0%240-5.8K-330.00135.29N/AN/A00120
2008-09-03$9.13$0.0024.9%7.1%18.7%5.9%0.0%10.3%1.5%236-5.3K-320.00136.58N/AN/A00120
2008-09-04$8.80$0.0028.3%8.1%20.4%10.7%0.0%-1.6%-3.7%221-4.4K-300.00130.89N/AN/A00120
2008-09-05$8.78$0.0026.4%7.7%20.4%8.0%0.0%-2.6%-6.3%217-4.2K-300.00153.12N/AN/A00120
2008-09-08$8.82$0.0035.9%7.8%19.5%21.1%0.0%-3.0%-6.8%234-4.1K-300.00162.51N/AN/A00120
2008-09-09$8.66$0.0037.8%8.0%19.2%23.8%0.0%-1.3%-6.7%219-3.8K-280.00152.59N/AN/A00120
2008-09-10$8.69$0.0050.7%7.9%19.4%41.6%0.0%-3.2%-6.6%214-4.2K-300.00160.54N/AN/A00120
2008-09-11$8.78$0.0027.9%8.0%20.2%10.1%0.0%-3.0%-7.4%257-3.7K-280.00164.20N/AN/A00120
2008-09-12$8.79$0.0027.9%8.0%19.8%10.1%0.0%-2.6%-6.9%257-3.8K-280.00164.52N/AN/A00120
2008-09-15$8.51$0.0029.8%8.6%21.8%12.7%0.0%-3.6%-8.6%238-2.6K-230.00157.45N/AN/A00120
2008-09-16$8.56$0.0029.8%8.6%22.2%12.8%0.0%-2.6%-8.4%201-3.6K-270.00155.79N/AN/A00120
2008-09-17$8.12$0.0032.3%9.2%27.8%16.1%0.0%-4.5%-10.3%162-1.4K-160.00143.99N/AN/A00120
2008-09-18$8.43$0.0030.5%8.8%32.3%13.7%0.0%-3.9%-8.7%227-2.3K-210.00162.08N/AN/A00120
2008-09-19$8.76$0.0029.9%8.6%35.9%12.8%0.0%3.2%-4.1%269-4.0K-290.00152.18N/AN/A00120
2008-09-22$8.50$0.0031.5%9.0%36.4%15.1%0.0%1.9%2.4%219-2.8K-240.00124.82N/AN/A00120
2008-09-23$8.45$0.0030.9%8.9%36.2%14.3%0.0%2.6%1.7%200-3.1K-250.00128.80N/AN/A00120
2008-09-24$8.45$0.0033.1%9.5%36.3%17.3%0.0%-2.6%-8.8%232-2.4K-210.00166.70N/AN/A240120
2008-09-25$8.61$0.0030.4%8.7%37.0%13.5%0.0%2.2%0.5%576-6.7K-500.00131.26N/AN/A00360
2008-09-26$8.58$0.0033.5%9.6%37.0%17.8%0.0%0.0%-8.3%561-5.5K-450.00166.41N/AN/A00360
2008-09-29$7.86$0.0038.5%11.0%47.1%24.8%0.0%-8.1%-13.2%237-1.9K-220.00143.93N/AN/A00360
2008-09-30$8.11$0.0037.5%10.8%49.2%23.4%0.0%-6.9%-12.2%344-3.0K-300.00152.09N/AN/A00360