IXN Options History — January 2020

In January 2020, IXN traded between $35.30 and $37.17. ATM implied volatility averaged 15.5%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 4.4% (HV 20d: 11.1%). Max pain ranged from $34.17 to $36.67. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 6.94.

Notable Days

  • 2020-01-28: Highest Volume — 600 contracts
  • 2020-01-13: Largest IV spike — 32.6% change
  • 2020-01-31: Highest IV Rank — 6.1%
  • 2020-01-31: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.35$35.30$37.17$35.61$35.87
Max Pain$35.22$34.17$36.67$35.00$36.67
ATM IV15.5%11.9%21.4%11.9%21.4%
Expected Move4.4%3.4%6.1%3.4%6.1%
HV 20d11.1%8.9%17.0%8.9%17.0%
HV 60d10.9%10.0%12.5%11.8%12.5%
IV Rank2.9%0.9%6.1%0.9%6.1%
IV Percentile18.6%1.2%52.4%1.2%52.4%
Term Structure1.0%-2.8%3.7%3.7%-1.2%
VWIV17.0%10.7%21.3%17.0%21.3%
Skew 25d3.6%-0.2%9.5%3.1%5.8%
Skew 10d4.9%0.7%9.8%6.5%4.5%
Call IV 25d12.1%10.2%16.1%10.9%16.1%
Put IV 25d15.7%12.2%21.9%14.0%21.9%
Bid-Ask Spread %112.9997.75124.51123.04105.98
Gamma HHI0.340.110.650.130.35
Net GEX-31.0K-120.1K84.9K3.1K31.1K
Net DEX-305.0K-853.5K196.0K-382.6K-187.8K
Net VEX-2.5K-7.2K-875-1.0K-7.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.940.0060.000.000.05
Total Volume84.2860600612
Total OI1,082.8575762,2625762,262

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$35.61$35.0011.9%3.4%8.9%0.9%0.0%3.1%3.7%3.1K-382.6K-1.0K0.00123.04N/AN/A60150426
2020-01-03$35.34$35.0014.8%4.2%9.7%2.5%0.0%2.9%1.4%2.0K-362.6K-1.1K0.00124.51N/AN/A00150426
2020-01-06$35.30$0.0012.9%4.7%9.8%1.5%0.0%5.5%0.3%-3.0K-291.5K-1.6K1.0099.90N/AN/A66150426
2020-01-07$35.42$0.0014.6%4.3%9.2%2.4%17.0%5.8%1.1%489-349.5K-1.1K0.00110.85N/AN/A06144432
2020-01-08$35.84$34.1712.1%4.2%9.4%1.1%0.0%3.3%0.4%2.1K-384.5K-8750.00106.14N/AN/A300144438
2020-01-09$36.11$34.1715.4%4.1%9.3%2.8%14.0%0.2%1.2%4.2K-420.6K-1.1K10.00119.70N/AN/A660162438
2020-01-10$36.07$34.1713.6%4.1%9.4%1.9%0.0%-0.2%1.7%-4.8K-356.6K-1.4K0.00118.02N/AN/A00168498
2020-01-13$36.52$34.1718.0%3.7%9.3%4.2%19.3%3.7%1.7%-3.0K-411.1K-1.2K60.0097.75N/AN/A6360168498
2020-01-14$36.45$35.0020.0%3.9%9.3%5.3%0.0%1.9%1.4%-74.9K-162.1K-2.4K4.00111.57N/AN/A30120174858
2020-01-15$36.23$35.0015.0%4.3%9.8%2.6%0.0%2.7%1.5%-100.0K14.4K-3.3K0.00118.55N/AN/A00174978
2020-01-16$36.70$35.0013.7%3.9%10.4%1.9%0.0%1.8%1.1%-81.8K-210.3K-2.3K0.00117.01N/AN/A00174978
2020-01-17$36.95$35.0013.7%3.9%10.4%1.9%0.0%2.6%1.9%-66.0K-288.9K-2.0K0.00122.02N/AN/A120174978
2020-01-21$36.94$35.0014.5%4.2%10.5%2.3%0.0%3.6%1.1%-65.3K-304.1K-1.9K0.00118.68N/AN/A00174972
2020-01-22$37.10$35.0013.6%3.9%10.5%1.9%13.5%0.7%2.1%-60.8K-272.1K-2.2K0.00113.98N/AN/A06174972
2020-01-23$37.17$35.8312.6%3.6%10.5%1.3%0.0%2.1%1.8%-61.5K-354.6K-1.6K0.00119.05N/AN/A00174978
2020-01-24$37.01$35.8315.2%4.4%10.8%2.7%0.0%1.2%2.6%-63.0K-303.3K-1.8K0.00114.36N/AN/A0120174978
2020-01-27$36.18$35.8318.8%5.4%14.0%4.6%18.8%6.2%0.1%-120.1K196.0K-3.3K1.00112.35N/AN/A661741,098
2020-01-28$36.75$35.8316.2%4.6%14.9%3.2%10.7%6.8%0.6%-103.6K-49.7K-2.8K0.25106.41N/AN/A4801201801,104
2020-01-29$36.84$35.8318.6%5.3%14.7%4.6%17.1%5.4%-0.1%30.0K-669.9K-5.7K0.03100.90N/AN/A24066601,224
2020-01-30$36.84$36.6719.4%5.6%14.7%5.0%20.8%9.5%-2.8%84.9K-853.5K-6.6K0.05112.04N/AN/A12069061,230
2020-01-31$35.87$36.6721.4%6.1%17.0%6.1%21.3%5.8%-1.2%31.1K-187.8K-7.2K0.00105.98N/AN/A0121,0261,236