IXN Options History — February 2020

In February 2020, IXN traded between $32.83 and $38.62. ATM implied volatility averaged 20.2%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 1.3% (HV 20d: 21.6%). Max pain ranged from $35.83 to $36.67. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 4.72.

Notable Days

2020-02-10: Highest Volume — 288 contracts
2020-02-27: Largest IV spike — 28.7% change
2020-02-27: Highest IV Rank — 15.0%
2020-02-27: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.01	$32.83	$38.62	$36.43	$32.83
Max Pain	$35.96	$35.83	$36.67	$36.67	$35.83
ATM IV	20.2%	12.1%	38.1%	18.9%	37.0%
Expected Move	5.9%	3.8%	10.9%	5.4%	10.6%
HV 20d	21.6%	17.6%	29.7%	17.6%	29.7%
HV 60d	15.2%	12.8%	20.5%	12.8%	20.5%
IV Rank	5.4%	1.1%	15.0%	4.7%	14.4%
IV Percentile	37.2%	1.6%	67.3%	41.1%	67.3%
Term Structure	-1.0%	-8.7%	2.3%	-0.9%	-7.4%
VWIV	20.9%	12.6%	38.3%	19.1%	38.3%
Skew 25d	5.9%	-0.6%	12.0%	4.7%	7.8%
Skew 10d	5.8%	0.8%	12.0%	5.2%	12.0%
Call IV 25d	16.4%	11.3%	29.6%	14.7%	26.2%
Put IV 25d	22.3%	13.9%	41.6%	19.5%	34.1%
Bid-Ask Spread %	104.09	82.65	120.84	113.35	120.84
Gamma HHI	0.49	0.14	0.73	0.40	0.14
Net GEX	191.5K	-141.3K	445.9K	76.2K	-141.3K
Net DEX	-1.5M	-4.0M	2.8M	-622.4K	2.8M
Net VEX	-7.4K	-9.9K	-5.6K	-6.7K	-8.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.72	0.00	21.00	0.00	0.00
Total Volume	80.526	0	288	24	120
Total OI	2,811.789	2,268	3,456	2,268	2,640

Daily Data (19 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2020-02-03	$36.43	$36.67	18.9%	5.4%	17.6%	4.7%	0.0%	4.7%	-0.9%	76.2K	-622.4K	-6.7K	0.00	113.35	N/A	N/A	24	0	1,026	1,242
2020-02-04	$37.38	$36.67	16.4%	4.7%	19.5%	3.3%	0.0%	6.6%	0.5%	213.1K	-1.8M	-6.4K	0.00	115.95	N/A	N/A	0	0	1,050	1,242
2020-02-05	$37.69	$36.67	16.2%	4.6%	19.6%	3.2%	0.0%	2.9%	0.9%	241.2K	-2.1M	-5.7K	10.50	114.84	N/A	N/A	12	126	1,050	1,242
2020-02-06	$37.96	$35.83	12.1%	3.8%	19.4%	1.1%	19.1%	6.3%	2.3%	279.1K	-2.3M	-5.7K	1.05	97.23	N/A	N/A	120	126	1,044	1,368
2020-02-07	$37.63	$35.83	14.0%	4.3%	19.7%	2.1%	0.0%	4.8%	0.8%	369.6K	-2.2M	-6.8K	0.00	96.68	N/A	N/A	0	0	1,164	1,494
2020-02-10	$37.98	$35.83	14.2%	4.6%	19.9%	2.2%	22.1%	6.2%	0.4%	263.3K	-2.5M	-6.6K	3.00	101.73	N/A	N/A	72	216	1,164	1,494
2020-02-11	$38.02	$35.83	13.3%	4.4%	19.5%	1.7%	0.0%	2.3%	1.2%	308.9K	-3.0M	-6.7K	0.00	103.12	N/A	N/A	0	0	1,236	1,710
2020-02-12	$38.42	$35.83	15.8%	4.5%	19.7%	3.1%	13.9%	1.8%	0.8%	334.8K	-3.4M	-5.6K	0.91	105.05	N/A	N/A	132	120	1,236	1,710
2020-02-13	$38.30	$35.83	16.0%	4.6%	19.5%	3.2%	0.0%	1.8%	0.9%	318.6K	-3.5M	-7.1K	0.00	104.78	N/A	N/A	0	120	1,368	1,830
2020-02-14	$38.39	$35.83	16.3%	4.7%	19.2%	3.3%	12.6%	2.2%	-0.8%	309.1K	-3.5M	-7.5K	0.00	102.46	N/A	N/A	6	0	1,368	1,950
2020-02-18	$38.21	$35.83	16.1%	4.6%	19.2%	3.2%	0.0%	8.7%	-0.1%	363.2K	-3.3M	-6.8K	0.00	104.28	N/A	N/A	0	0	1,374	1,950
2020-02-19	$38.62	$35.83	16.3%	4.7%	19.5%	3.3%	14.9%	-0.6%	0.4%	260.1K	-4.0M	-5.9K	21.00	106.22	N/A	N/A	6	126	1,374	1,950
2020-02-20	$38.21	$35.83	16.4%	4.7%	20.0%	3.4%	0.0%	5.5%	0.3%	372.4K	-3.2M	-6.9K	0.00	107.83	N/A	N/A	0	0	1,380	2,076
2020-02-21	$37.36	$35.83	21.1%	6.0%	21.7%	5.9%	0.0%	8.5%	-1.8%	445.9K	-1.5M	-8.6K	0.00	104.37	N/A	N/A	0	0	1,380	2,076
2020-02-24	$36.02	$35.83	27.0%	7.7%	25.3%	9.0%	0.0%	10.3%	-1.4%	-53.5K	489.6K	-9.2K	0.25	101.67	N/A	N/A	48	12	768	1,686
2020-02-25	$34.93	$35.83	29.4%	8.4%	26.3%	10.3%	25.4%	10.4%	-2.7%	-94.9K	1.2M	-9.5K	10.50	95.52	N/A	N/A	12	126	816	1,698
2020-02-26	$35.05	$35.83	29.6%	8.5%	25.6%	10.4%	0.0%	9.7%	-4.1%	-104.3K	1.3M	-9.9K	0.00	99.07	N/A	N/A	0	0	822	1,812
2020-02-27	$33.66	$35.83	38.1%	10.9%	28.9%	15.0%	0.0%	12.0%	-8.7%	-123.1K	2.1M	-9.8K	0.00	82.65	N/A	N/A	6	0	822	1,812
2020-02-28	$32.83	$35.83	37.0%	10.6%	29.7%	14.4%	38.3%	7.8%	-7.4%	-141.3K	2.8M	-8.9K	0.00	120.84	N/A	N/A	0	120	828	1,812