IXN Options History — March 2020

In March 2020, IXN traded between $26.49 and $35.26. ATM implied volatility averaged 54.0%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded below realized volatility by 3.8% (HV 20d: 57.8%). Max pain ranged from $31.33 to $39.17. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.28.

Notable Days

  • 2020-03-03: Highest Volume — 246 contracts
  • 2020-03-05: Largest IV spike — 38.1% change
  • 2020-03-18: Highest IV Rank — 33.9%
  • 2020-03-18: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.71$26.49$35.26$34.75$30.55
Max Pain$36.93$31.33$39.17$35.83$31.33
ATM IV54.0%30.8%73.5%38.8%47.7%
Expected Move15.2%8.8%21.1%11.1%13.7%
HV 20d57.8%35.5%79.8%36.1%76.5%
HV 60d37.1%23.5%49.1%23.5%49.1%
IV Rank23.5%11.1%33.9%15.4%20.1%
IV Percentile75.4%67.3%86.3%68.1%71.0%
Term Structure-8.2%-16.4%-2.1%-6.5%-3.2%
VWIV37.2%18.3%52.8%18.3%52.8%
Skew 25d17.6%4.7%29.8%29.8%16.2%
Skew 10d23.2%8.3%41.1%13.4%19.7%
Call IV 25d39.2%15.5%61.3%19.7%38.0%
Put IV 25d56.8%35.6%74.7%49.5%54.1%
Bid-Ask Spread %79.0250.46109.7198.6874.95
Gamma HHI0.200.100.340.130.31
Net GEX-78.0K-139.9K-22.5K-119.2K-47.5K
Net DEX2.5M1.2M4.0M1.8M1.7M
Net VEX-6.0K-10.2K-2.2K-9.9K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.000.000.00
Total Volume19.9090246018
Total OI2,215.0919303,0242,760972

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$34.75$35.8338.8%11.1%36.1%15.4%0.0%29.8%-6.5%-119.2K1.8M-9.9K0.0098.68N/AN/A008281,932
2020-03-03$34.39$35.8338.0%10.9%35.6%14.9%18.3%19.8%-5.7%-139.9K2.0M-9.6K0.0085.57N/AN/A24608281,932
2020-03-04$35.26$35.8330.8%8.8%35.5%11.1%28.5%20.2%-2.1%-79.3K1.2M-9.6K0.00107.61N/AN/A2401,0681,932
2020-03-05$34.32$39.1742.5%10.2%36.3%17.3%0.0%15.8%-4.9%-88.2K1.7M-10.2K0.0063.49N/AN/A001,0801,932
2020-03-06$33.53$39.1747.1%11.8%36.6%19.8%0.0%12.7%-6.5%-127.4K2.7M-9.1K0.0068.76N/AN/A3001,0801,932
2020-03-09$31.75$39.1742.7%10.9%40.4%17.4%0.0%8.4%-3.1%-138.1K3.7M-7.2K0.00109.71N/AN/A001,0801,932
2020-03-10$32.89$39.1754.6%13.3%42.9%23.8%0.0%23.9%-7.9%-121.4K2.9M-8.3K1.0063.42N/AN/A661,0801,932
2020-03-11$31.67$39.1752.6%15.1%44.1%22.7%0.0%14.3%-11.4%-120.2K3.5M-7.4K0.0053.55N/AN/A061,0861,938
2020-03-12$29.04$39.1760.0%17.2%51.3%26.7%0.0%20.0%-13.9%-83.9K4.0M-6.0K0.00106.68N/AN/A001,0861,938
2020-03-13$30.33$39.1757.7%16.5%55.1%25.4%0.0%20.0%-12.9%-104.0K3.7M-6.0K0.5050.46N/AN/A24121,0861,812
2020-03-16$28.09$39.1768.4%19.6%59.4%31.2%0.0%18.1%-16.4%-66.9K2.9M-4.5K0.0081.42N/AN/A601,0861,410
2020-03-17$28.84$39.1768.0%19.5%61.1%31.0%0.0%21.4%-12.2%-86.1K3.0M-4.4K0.0080.36N/AN/A001,0921,410
2020-03-18$26.91$39.1773.5%21.1%63.4%33.9%0.0%13.4%-11.8%-44.7K3.2M-3.5K0.0087.81N/AN/A001,0921,410
2020-03-19$28.31$39.1768.7%19.7%67.9%31.3%0.0%18.8%-15.7%-78.5K3.2M-3.9K0.0064.05N/AN/A0181,0921,410
2020-03-20$27.27$39.1764.7%18.6%68.3%29.2%0.0%4.7%-13.4%-27.5K3.5M-3.1K0.0093.53N/AN/A001,0981,428
2020-03-23$26.49$39.1757.2%16.4%68.0%25.2%0.0%8.9%-3.9%-22.5K1.9M-2.2K0.0094.11N/AN/A00114816
2020-03-24$29.23$39.1753.3%15.3%78.7%23.1%49.3%26.7%-4.9%-40.8K1.8M-3.7K1.0082.87N/AN/A66114816
2020-03-25$30.10$31.3357.0%16.3%79.8%25.1%52.8%18.4%-3.9%-44.6K1.6M-4.5K0.0075.43N/AN/A300120822
2020-03-26$30.68$31.3355.2%15.8%79.4%24.1%0.0%18.6%-7.1%-45.0K1.6M-4.7K0.0076.39N/AN/A00150822
2020-03-27$30.24$31.3358.9%16.9%79.1%26.1%0.0%19.3%-9.3%-43.1K1.6M-4.5K0.0052.37N/AN/A00150822
2020-03-30$30.93$31.3351.1%14.6%76.4%21.9%0.0%18.3%-4.5%-46.9K1.6M-4.6K0.0067.13N/AN/A00150822
2020-03-31$30.55$31.3347.7%13.7%76.5%20.1%0.0%16.2%-3.2%-47.5K1.7M-4.3K0.0074.95N/AN/A180150822