IXN Options History — December 2008

In December 2008, IXN traded between $5.55 and $6.34. ATM implied volatility averaged 82.3%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 22.5% (HV 20d: 59.8%). Max pain ranged from $7.00 to $9.50. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2008-12-19: Largest IV drop — 72.2% change
  • 2008-12-15: Highest IV Rank — 100.0%
  • 2008-12-11: Largest Expected Move — 27.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.99$5.55$6.34$5.55$6.17
Max Pain$8.36$7.00$9.50$7.00$9.50
ATM IV82.3%47.7%171.6%76.1%52.4%
Expected Move19.0%13.1%27.8%21.8%15.0%
HV 20d59.8%45.5%70.0%68.6%45.5%
HV 60d65.9%63.8%67.5%64.6%63.8%
IV Rank54.6%17.9%100.0%55.4%21.1%
IV Percentile92.6%79.8%100.0%99.2%80.2%
Term Structure-37.2%-51.8%-29.1%-31.8%-51.8%
Bid-Ask Spread %115.97109.56130.26116.32111.00
Gamma HHI0.740.371.000.451.00
Net GEX84029700
Net DEX-1.0K-3.1K000
Net VEX-5-13000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI40.63612545412

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-12-01$5.55$7.0076.1%21.8%68.6%55.4%0.0%0.0%-31.8%0000.00116.32N/AN/A00540
2008-12-02$5.72$7.0081.4%23.3%70.0%60.6%0.0%0.0%-29.7%131-1.7K-60.00116.32N/AN/A00540
2008-12-03$5.82$7.0078.2%22.4%68.0%57.5%0.0%0.0%-29.1%176-2.3K-120.00119.57N/AN/A00540
2008-12-04$5.58$7.0089.6%25.7%66.7%68.8%0.0%0.0%-37.9%0000.00121.06N/AN/A00540
2008-12-05$5.76$7.0083.2%23.9%64.6%62.5%0.0%0.0%-34.4%133-1.5K-50.00117.59N/AN/A00540
2008-12-08$6.11$7.0082.5%23.7%66.9%61.8%0.0%0.0%-32.7%233-2.9K-130.00130.26N/AN/A00540
2008-12-09$6.04$7.0086.2%24.7%67.0%65.4%0.0%0.0%-38.4%216-2.6K-110.00129.80N/AN/A00540
2008-12-10$6.22$7.0081.3%23.3%66.2%60.5%0.0%0.0%-36.2%257-3.0K-110.00125.98N/AN/A00540
2008-12-11$5.96$7.0097.1%27.8%66.7%76.3%0.0%0.0%-50.4%35-569-60.00125.47N/AN/A00540
2008-12-12$6.07$7.0095.2%27.3%64.3%74.4%0.0%0.0%-51.8%218-2.4K-100.00122.80N/AN/A00540
2008-12-15$6.05$9.50123.1%13.9%60.1%100.0%0.0%0.0%0.0%37-575-60.00109.61N/AN/A00540
2008-12-16$6.34$9.50113.2%13.1%61.7%90.3%0.0%0.0%0.0%297-3.1K-100.00112.77N/AN/A00540
2008-12-17$6.30$9.50133.4%13.4%61.7%100.0%0.0%0.0%0.0%44-681-70.00110.26N/AN/A00540
2008-12-18$6.15$9.50171.6%13.7%55.9%100.0%0.0%0.0%0.0%39-608-60.00109.85N/AN/A00540
2008-12-19$6.21$9.5047.7%13.7%54.2%17.9%0.0%0.0%0.0%41-619-60.00110.55N/AN/A00540
2008-12-22$5.98$9.5051.2%14.7%55.2%20.3%0.0%0.0%0.0%0000.00109.69N/AN/A00120
2008-12-23$5.90$9.5051.6%14.8%52.2%20.5%0.0%0.0%0.0%0000.00109.60N/AN/A00120
2008-12-24$5.93$9.5053.9%15.4%52.2%22.0%0.0%0.0%0.0%0000.00111.27N/AN/A00120
2008-12-26$5.97$9.5054.1%15.5%50.8%22.2%0.0%0.0%0.0%0000.00111.37N/AN/A00120
2008-12-29$5.90$9.5054.2%15.5%50.9%22.2%0.0%0.0%0.0%0000.00109.56N/AN/A00120
2008-12-30$6.11$9.5054.1%15.5%46.4%22.2%0.0%0.0%0.0%0000.00110.68N/AN/A00120
2008-12-31$6.17$9.5052.4%15.0%45.5%21.1%0.0%0.0%0.0%0000.00111.00N/AN/A00120