IXN Options History — August 2020

In August 2020, IXN traded between $42.14 and $45.98. ATM implied volatility averaged 22.7%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 3.2% (HV 20d: 19.5%). Max pain ranged from $26.67 to $36.67. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2020-08-28: Highest Volume — 498 contracts
  • 2020-08-17: Largest IV drop — 21.1% change
  • 2020-08-14: Highest IV Rank — 27.2%
  • 2020-08-14: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.68$42.14$45.98$42.69$45.98
Max Pain$29.90$26.67$36.67$36.67$36.67
ATM IV22.7%19.2%27.4%22.7%22.2%
Expected Move6.5%5.5%7.9%6.5%6.4%
HV 20d19.5%13.8%22.5%20.7%13.8%
HV 60d21.5%20.4%22.7%22.7%20.4%
IV Rank19.9%14.3%27.2%19.9%19.0%
IV Percentile51.7%38.9%66.3%51.6%48.8%
Term Structure1.3%-0.6%2.8%1.4%2.8%
VWIV24.7%13.6%31.5%31.5%28.8%
Skew 25d1.2%-2.7%7.5%-2.7%-0.1%
Skew 10d5.4%-2.9%9.7%0.8%9.4%
Call IV 25d21.0%16.5%27.7%22.6%25.4%
Put IV 25d22.2%19.9%28.7%20.0%25.3%
Bid-Ask Spread %111.65105.99135.66124.43110.43
Gamma HHI0.170.130.360.170.36
Net GEX20.1K6.7K34.9K25.9K34.9K
Net DEX-1.5M-2.6M-1.3M-1.3M-2.6M
Net VEX-2.4K-6.2K-1.7K-2.3K-6.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.001.250.000.28
Total Volume29.714049800
Total OI551.7144981,0504981,050

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$42.69$36.6722.7%6.5%20.7%19.9%0.0%-2.7%1.4%25.9K-1.3M-2.3K0.00124.43N/AN/A00390108
2020-08-04$42.61$36.6722.7%6.5%20.5%19.8%0.0%-2.7%1.0%25.3K-1.3M-2.3K0.00134.47N/AN/A00390108
2020-08-05$42.86$36.6723.0%6.6%20.4%20.4%0.0%-1.0%0.0%23.0K-1.4M-2.2K0.00135.66N/AN/A180390108
2020-08-06$43.39$26.6721.1%6.4%20.6%17.4%0.0%6.0%2.6%23.9K-1.5M-2.3K0.00106.40N/AN/A00408108
2020-08-07$42.85$26.6722.6%6.9%21.3%19.7%0.0%1.6%2.0%25.0K-1.4M-2.4K0.00106.07N/AN/A00408108
2020-08-10$42.62$26.6725.1%7.0%21.0%23.6%0.0%1.3%2.2%26.3K-1.4M-2.5K0.00106.07N/AN/A00408108
2020-08-11$42.14$26.6724.9%6.7%21.6%23.3%0.0%7.5%1.8%29.0K-1.3M-2.6K0.00105.99N/AN/A00408108
2020-08-12$43.01$26.6722.4%6.4%22.5%19.4%0.0%2.3%1.6%26.6K-1.4M-2.3K0.00107.54N/AN/A00408108
2020-08-13$43.01$26.6723.2%6.6%22.0%20.6%31.5%1.9%0.7%25.3K-1.4M-2.4K0.00108.07N/AN/A120408108
2020-08-14$42.79$26.6727.4%7.9%22.2%27.2%0.0%1.2%0.0%25.9K-1.4M-2.4K0.00108.71N/AN/A00408108
2020-08-17$43.30$26.6721.6%6.2%21.2%18.1%0.0%0.3%-0.6%22.6K-1.4M-2.1K0.00108.97N/AN/A00396108
2020-08-18$43.38$26.6721.3%6.1%21.0%17.6%0.0%1.4%2.0%19.0K-1.5M-1.9K0.00108.43N/AN/A00396108
2020-08-19$43.27$26.6722.3%6.4%21.0%19.2%0.0%2.4%1.2%21.1K-1.4M-2.0K0.00109.16N/AN/A00396108
2020-08-20$43.66$26.6722.3%6.4%18.9%19.2%13.6%0.5%0.3%15.2K-1.5M-1.7K1.25107.89N/AN/A2430396108
2020-08-21$43.95$31.3320.3%5.8%18.1%16.0%0.0%2.6%1.9%8.9K-1.5M-2.2K0.00109.21N/AN/A00420138
2020-08-24$44.30$31.3322.0%6.3%17.1%18.7%0.0%2.0%2.3%7.9K-1.5M-2.1K0.00109.79N/AN/A300408132
2020-08-25$44.64$31.3319.2%5.5%16.2%14.3%0.0%2.1%0.4%9.5K-1.6M-2.4K0.00109.29N/AN/A120438132
2020-08-26$45.43$31.3322.4%6.4%16.5%19.4%0.0%0.8%1.7%10.9K-1.7M-2.3K0.00109.91N/AN/A00450132
2020-08-27$45.53$31.3324.3%7.0%16.4%22.4%0.0%-0.7%1.5%9.7K-1.7M-2.3K0.00109.11N/AN/A00450132
2020-08-28$45.88$31.3324.0%6.9%16.0%21.9%28.8%-1.2%0.7%6.7K-1.8M-2.2K0.28109.06N/AN/A390108450132
2020-08-31$45.98$36.6722.2%6.4%13.8%19.0%0.0%-0.1%2.8%34.9K-2.6M-6.2K0.00110.43N/AN/A00840210