IXN Options History — April 2020

In April 2020, IXN traded between $28.92 and $34.69. ATM implied volatility averaged 39.2%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded below realized volatility by 22.3% (HV 20d: 61.4%). Max pain ranged from $31.33 to $31.67. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2020-04-02: Highest Volume — 84 contracts
  • 2020-04-30: Largest IV spike — 19.6% change
  • 2020-04-01: Highest IV Rank — 23.0%
  • 2020-04-01: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.42$28.92$34.69$28.93$34.35
Max Pain$31.63$31.33$31.67$31.33$31.67
ATM IV39.2%29.7%53.1%53.1%35.5%
Expected Move11.1%8.5%15.2%15.2%10.2%
HV 20d61.4%40.4%81.1%77.4%40.4%
HV 60d53.6%50.3%55.1%50.3%54.9%
IV Rank15.5%10.5%23.0%23.0%13.6%
IV Percentile70.0%67.3%75.0%75.0%68.5%
Term Structure-1.5%-4.4%1.6%-4.4%-1.5%
VWIV39.0%34.0%44.1%44.1%34.0%
Skew 25d11.4%-0.6%21.6%9.3%-0.6%
Skew 10d7.6%-3.4%17.4%8.8%6.4%
Call IV 25d32.0%21.9%48.4%48.4%30.6%
Put IV 25d43.3%28.6%57.7%57.7%30.0%
Bid-Ask Spread %86.7637.37112.2894.55108.07
Gamma HHI0.310.280.360.290.30
Net GEX-56.1K-69.7K-35.5K-35.5K-59.1K
Net DEX1.2M595.5K1.9M1.8M623.9K
Net VEX-5.6K-6.8K-3.6K-3.6K-6.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.001.001.000.00
Total Volume2008406
Total OI1,117.4299841,2129841,212

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$28.93$31.3353.1%15.2%77.4%23.0%0.0%9.3%-4.4%-35.5K1.8M-3.6K0.0094.55N/AN/A00162822
2020-04-02$29.45$0.0043.6%12.4%77.7%17.9%0.0%15.4%-3.4%-39.7K1.8M-3.6K1.0037.37N/AN/A4242162822
2020-04-03$28.92$0.0044.2%12.3%77.6%18.3%0.0%14.6%-2.3%-35.9K1.9M-3.8K0.0044.62N/AN/A00204864
2020-04-06$31.27$0.0039.4%10.6%81.1%15.6%0.0%7.2%-2.3%-54.2K1.6M-4.9K0.0062.41N/AN/A00204864
2020-04-07$31.74$0.0041.4%11.4%80.3%16.7%0.0%5.6%-1.8%-50.2K1.4M-5.4K0.0080.64N/AN/A030222864
2020-04-08$32.05$0.0038.5%11.0%79.2%15.2%0.0%9.7%-1.5%-58.9K1.4M-5.5K0.0077.33N/AN/A00222894
2020-04-09$32.24$0.0039.0%11.2%72.2%15.4%0.0%6.3%-2.4%-58.7K1.3M-5.5K0.0084.51N/AN/A00222894
2020-04-13$32.21$0.0037.8%10.8%70.7%14.8%0.0%7.8%-2.3%-60.8K1.4M-5.2K0.0084.16N/AN/A00222894
2020-04-14$33.50$0.0036.1%10.4%65.2%13.9%0.0%3.0%-2.6%-69.7K996.5K-5.4K0.0098.63N/AN/A600222894
2020-04-15$32.83$0.0037.3%10.7%65.7%14.5%0.0%16.5%-2.1%-66.3K1.2M-5.6K0.0097.41N/AN/A660234894
2020-04-16$33.09$0.0039.4%11.3%59.3%15.7%0.0%18.5%-1.1%-57.8K1.0M-6.0K0.0077.12N/AN/A60300894
2020-04-17$33.63$0.0037.6%10.8%57.4%14.7%0.0%12.7%0.3%-51.8K877.1K-6.0K0.0083.08N/AN/A60306894
2020-04-20$33.28$0.0039.5%11.3%55.3%15.7%44.1%14.3%0.1%-54.8K1.1M-5.9K0.0078.20N/AN/A06216858
2020-04-21$32.03$31.6744.3%12.7%56.3%18.3%0.0%15.4%-1.6%-56.3K1.4M-5.5K0.0089.17N/AN/A06216864
2020-04-22$33.09$31.6741.6%11.9%46.5%16.8%34.0%21.6%-3.2%-59.0K1.1M-5.8K0.0099.98N/AN/A240216870
2020-04-23$32.90$31.6738.3%11.0%45.8%15.1%0.0%16.6%1.6%-56.6K1.1M-6.0K0.0098.96N/AN/A600246870
2020-04-24$33.39$31.6737.0%10.6%45.7%14.4%0.0%20.5%-0.4%-59.6K987.4K-6.6K0.00100.63N/AN/A60306870
2020-04-27$33.76$31.6732.1%9.2%45.2%11.8%0.0%5.9%0.3%-67.1K849.7K-6.5K0.00112.28N/AN/A018312870
2020-04-28$33.48$31.6736.7%10.5%45.0%14.2%0.0%12.1%-1.2%-58.5K860.9K-6.5K0.00105.00N/AN/A00312870
2020-04-29$34.69$31.6729.7%8.5%45.9%10.5%0.0%6.7%1.3%-66.7K595.5K-6.4K0.00107.90N/AN/A420312870
2020-04-30$34.35$31.6735.5%10.2%40.4%13.6%0.0%-0.6%-1.5%-59.1K623.9K-6.8K0.00108.07N/AN/A60342870