IXN Options History — September 2020

In September 2020, IXN traded between $42.02 and $47.12. ATM implied volatility averaged 29.0%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 0.7% (HV 20d: 29.7%). Max pain ranged from $36.67 to $45.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2020-09-09: Highest Volume — 360 contracts
  • 2020-09-03: Largest IV spike — 38.7% change
  • 2020-09-08: Highest IV Rank — 42.5%
  • 2020-09-23: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.50$42.02$47.12$46.57$43.91
Max Pain$43.81$36.67$45.00$36.67$43.33
ATM IV29.0%22.3%37.1%25.0%24.8%
Expected Move8.2%6.4%9.7%7.2%7.1%
HV 20d29.7%14.0%33.9%14.0%33.5%
HV 60d23.2%20.5%24.4%20.5%24.2%
IV Rank29.8%19.1%42.5%23.5%23.1%
IV Percentile68.2%49.2%84.1%60.7%52.8%
Term Structure3.9%-0.3%11.3%2.5%3.6%
VWIV33.0%20.8%44.3%20.8%40.3%
Skew 25d3.5%-8.5%11.8%1.9%-0.7%
Skew 10d4.2%-8.9%19.3%7.2%0.7%
Call IV 25d29.6%24.2%38.9%29.9%32.6%
Put IV 25d33.0%24.5%46.0%31.9%32.0%
Bid-Ask Spread %119.44103.54136.50110.82136.50
Gamma HHI0.300.220.500.420.30
Net GEX53.3K-105.4K91.9K44.0K91.9K
Net DEX-1.9M-2.8M-1.3M-2.7M-1.9M
Net VEX-9.3K-11.0K-6.1K-6.1K-10.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.500.000.00
Total Volume37.1430360300
Total OI1,278.8571,0501,5481,0501,266

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$46.57$36.6725.0%7.2%14.0%23.5%0.0%1.9%2.5%44.0K-2.7M-6.1K0.00110.82N/AN/A300840210
2020-09-02$47.12$36.6722.3%6.4%14.2%19.1%0.0%7.4%4.5%48.7K-2.8M-6.2K0.00111.33N/AN/A012840210
2020-09-03$44.56$45.0030.9%9.1%25.5%32.7%0.0%0.3%-0.3%36.5K-2.2M-6.7K0.00103.54N/AN/A00840222
2020-09-04$44.22$45.0029.8%7.5%25.2%31.1%0.0%11.8%3.2%39.3K-2.1M-6.6K0.50108.21N/AN/A126840222
2020-09-08$42.46$45.0037.1%8.4%29.2%42.5%0.0%4.9%4.2%40.9K-1.7M-6.2K0.00115.81N/AN/A600840222
2020-09-09$43.69$45.0028.9%8.3%30.6%29.7%0.0%5.0%3.0%34.8K-2.0M-6.6K0.50116.95N/AN/A240120864222
2020-09-10$42.90$45.0030.8%8.8%30.6%32.6%0.0%2.6%1.4%53.4K-1.9M-10.5K0.10106.01N/AN/A6061,104342
2020-09-11$42.48$45.0027.8%8.0%30.8%27.8%0.0%5.7%6.2%61.8K-1.9M-11.0K0.00113.01N/AN/A001,164342
2020-09-14$43.46$45.0029.4%8.4%31.8%30.4%0.0%1.8%1.1%53.9K-2.1M-10.7K0.00119.64N/AN/A001,164342
2020-09-15$43.66$45.0028.7%8.2%31.6%29.3%0.0%3.0%2.0%55.8K-2.3M-11.0K0.00119.63N/AN/A3601,164342
2020-09-16$43.43$45.0028.3%8.1%31.6%28.7%0.0%1.1%0.3%61.1K-2.1M-10.8K0.00124.53N/AN/A1201,164342
2020-09-17$42.79$45.0030.9%8.9%32.1%32.8%0.0%1.8%2.6%57.3K-1.8M-10.2K0.06119.30N/AN/A9661,164342
2020-09-18$42.46$45.0030.3%8.7%32.0%31.8%0.0%3.3%4.2%-105.4K-1.8M-10.1K0.00124.68N/AN/A001,206342
2020-09-21$42.38$45.0028.1%8.0%31.8%28.3%20.8%1.3%3.6%68.9K-1.3M-9.6K0.00123.89N/AN/A601,020204
2020-09-22$43.10$44.1729.1%8.3%32.3%30.0%32.1%-8.5%5.3%75.6K-1.6M-10.3K0.00127.17N/AN/A1201,026204
2020-09-23$42.02$44.1733.9%9.7%33.2%37.5%44.3%0.2%10.4%73.2K-1.5M-10.3K0.33122.18N/AN/A1861,038204
2020-09-24$42.12$44.1728.2%8.1%32.4%28.5%0.0%9.6%5.0%73.3K-1.4M-10.2K0.00121.50N/AN/A1801,032210
2020-09-25$42.84$44.1729.8%8.5%33.2%31.0%27.3%-1.4%11.3%78.2K-1.4M-9.9K0.00122.12N/AN/A1201,032210
2020-09-28$43.62$43.3329.2%8.4%33.9%30.0%0.0%10.7%1.1%86.3K-1.8M-10.6K0.00127.55N/AN/A601,044210
2020-09-29$43.68$43.3326.5%7.6%33.8%25.8%40.3%10.8%7.5%89.0K-1.8M-10.5K0.00133.94N/AN/A601,050210
2020-09-30$43.91$43.3324.8%7.1%33.5%23.1%0.0%-0.7%3.6%91.9K-1.9M-10.4K0.00136.50N/AN/A001,056210