IXN Options History — July 2020

In July 2020, IXN traded between $39.49 and $41.55. ATM implied volatility averaged 27.7%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 8.2% (HV 20d: 19.5%). Max pain ranged from $36.67 to $40.83. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.05.

Notable Days

  • 2020-07-06: Highest Volume — 330 contracts
  • 2020-07-15: Largest IV drop — 37.9% change
  • 2020-07-14: Highest IV Rank — 52.0%
  • 2020-07-14: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.55$39.49$41.55$39.49$41.55
Max Pain$37.22$36.67$40.83$36.67$36.67
ATM IV27.7%23.1%43.1%25.5%23.4%
Expected Move7.3%6.6%8.6%7.3%6.7%
HV 20d19.5%14.6%27.3%27.3%19.4%
HV 60d24.1%22.2%26.5%26.4%22.3%
IV Rank27.7%20.4%52.0%24.3%20.9%
IV Percentile66.7%54.4%91.7%65.1%54.4%
Term Structure0.0%-3.7%4.1%3.3%-1.6%
VWIV29.3%26.8%31.1%31.1%30.8%
Skew 25d4.3%-1.9%12.5%3.5%6.2%
Skew 10d7.1%-0.5%16.3%8.4%4.2%
Call IV 25d22.2%16.1%26.9%26.0%20.9%
Put IV 25d26.5%22.2%35.7%29.5%27.1%
Bid-Ask Spread %120.95105.07137.40137.34123.70
Gamma HHI0.190.170.220.180.17
Net GEX28.5K25.1K30.8K30.8K30.2K
Net DEX-1.1M-1.3M-976.7K-1.1M-1.2M
Net VEX-3.0K-3.6K-2.5K-3.6K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.050.000.220.220.00
Total Volume33.545033000
Total OI510.818474534534498

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$39.49$36.6725.5%7.3%27.3%24.3%0.0%3.5%3.3%30.8K-1.1M-3.6K0.00137.34N/AN/A00420114
2020-07-02$39.70$36.6724.2%6.9%26.8%22.2%0.0%2.5%0.3%30.5K-1.1M-3.5K0.00137.40N/AN/A00420114
2020-07-06$40.37$0.0029.1%7.3%26.0%29.9%0.0%8.6%0.8%29.1K-1.2M-3.3K0.22122.47N/AN/A27060420114
2020-07-07$40.10$0.0032.1%7.8%26.2%34.7%0.0%-1.1%-3.7%28.4K-1.2M-3.4K0.00120.79N/AN/A00420114
2020-07-08$40.46$0.0032.6%6.8%26.2%35.4%0.0%3.6%-0.6%28.9K-1.2M-3.2K0.00125.11N/AN/A00420114
2020-07-09$40.68$0.0031.0%7.7%25.7%32.9%0.0%-1.7%-1.5%27.2K-1.3M-3.1K0.00119.93N/AN/A00420114
2020-07-10$40.65$0.0031.7%7.8%14.7%34.0%0.0%0.8%-1.6%27.1K-1.2M-3.1K0.00120.68N/AN/A00420114
2020-07-13$40.21$0.0036.9%8.4%15.6%42.2%0.0%-1.9%-2.3%27.0K-1.2M-3.0K0.00106.52N/AN/A00420108
2020-07-14$40.30$0.0043.1%8.6%15.6%52.0%31.1%6.3%3.5%30.2K-1.1M-3.1K0.00105.07N/AN/A360414108
2020-07-15$40.58$40.8326.7%7.7%14.6%26.2%0.0%9.0%-2.7%25.1K-1.1M-3.1K0.20114.34N/AN/A27054390108
2020-07-16$40.20$40.8327.9%8.0%15.2%28.0%28.7%4.4%2.1%29.7K-1.2M-3.1K0.00118.14N/AN/A06420108
2020-07-17$40.43$36.6723.1%6.6%15.2%20.4%0.0%4.0%-0.8%27.0K-1.2M-3.0K0.00125.74N/AN/A00420114
2020-07-20$41.36$36.6724.2%7.0%16.8%22.3%0.0%4.9%4.1%27.1K-1.1M-2.5K0.00114.01N/AN/A120366108
2020-07-21$41.11$36.6723.2%6.6%16.8%20.5%0.0%3.8%1.4%25.3K-1.2M-2.6K0.00124.04N/AN/A00378108
2020-07-22$41.34$36.6724.6%7.1%16.6%22.8%0.0%5.6%-2.1%25.9K-1.1M-2.7K0.00117.85N/AN/A120378108
2020-07-23$40.40$36.6724.2%6.9%17.2%22.2%0.0%3.4%2.1%28.6K-1.1M-3.0K0.00122.13N/AN/A00384108
2020-07-24$39.97$36.6726.3%7.5%17.8%25.5%26.8%4.3%3.3%29.6K-976.7K-3.1K0.00119.18N/AN/A60384108
2020-07-27$40.82$36.6724.3%7.0%18.7%22.4%30.8%4.8%-1.1%28.3K-1.1M-2.8K0.00117.32N/AN/A60378108
2020-07-28$40.41$36.6726.2%7.5%19.3%25.4%0.0%12.5%3.2%29.7K-1.0M-2.9K0.00122.53N/AN/A00384108
2020-07-29$41.00$36.6723.9%6.8%19.0%21.7%0.0%6.0%-2.5%30.8K-1.1M-2.7K0.00126.98N/AN/A00384108
2020-07-30$40.95$36.6725.6%7.3%18.9%24.4%0.0%5.1%-3.2%30.0K-1.1M-2.7K0.00119.72N/AN/A60384108
2020-07-31$41.55$36.6723.4%6.7%19.4%20.9%0.0%6.2%-1.6%30.2K-1.2M-2.7K0.00123.70N/AN/A00390108