IXN Options History — December 2020

In December 2020, IXN traded between $47.54 and $50.00. ATM implied volatility averaged 21.2%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 7.7% (HV 20d: 13.5%). Max pain ranged from $37.50 to $44.17. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-12-11: Highest Volume — 120 contracts
  • 2020-12-09: Largest IV drop — 26.1% change
  • 2020-12-08: Highest IV Rank — 24.5%
  • 2020-12-03: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.66$47.54$50.00$47.60$49.97
Max Pain$43.56$37.50$44.17$37.50$44.17
ATM IV21.2%17.1%25.7%21.8%21.0%
Expected Move5.9%4.9%6.6%6.3%6.0%
HV 20d13.5%11.2%21.8%21.8%11.3%
HV 60d22.5%20.9%25.7%25.7%20.9%
IV Rank16.7%11.0%24.5%18.5%14.8%
IV Percentile24.8%14.3%45.2%27.0%20.2%
Term Structure2.0%-4.8%6.5%0.4%0.9%
VWIV41.2%41.2%41.2%41.2%41.2%
Skew 25d3.3%-0.8%8.1%5.8%0.9%
Skew 10d7.6%-6.9%23.6%14.3%23.6%
Call IV 25d20.3%13.1%29.7%24.7%27.8%
Put IV 25d23.6%16.2%30.5%30.5%28.7%
Bid-Ask Spread %126.97115.98137.84115.98137.84
Gamma HHI0.390.290.460.410.40
Net GEX113.5K63.4K185.7K155.8K64.8K
Net DEX-2.9M-3.9M-1.6M-3.3M-1.8M
Net VEX-5.6K-6.4K-5.2K-6.4K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume15.5450120420
Total OI1,009.6366781,2181,218690

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$47.60$37.5021.8%6.3%21.8%18.5%41.2%5.8%0.4%155.8K-3.3M-6.4K0.00115.98N/AN/A4201,020198
2020-12-02$47.62$37.5022.7%6.5%20.5%19.8%0.0%-0.0%1.6%164.5K-3.3M-5.9K0.00117.58N/AN/A00996198
2020-12-03$47.66$44.1722.1%6.6%18.0%18.8%0.0%8.1%0.2%169.2K-3.3M-6.1K0.00118.39N/AN/A00996198
2020-12-04$48.11$44.1724.0%6.0%15.9%21.8%0.0%5.9%3.4%152.9K-3.5M-5.6K0.00122.84N/AN/A00996198
2020-12-07$48.27$44.1724.7%6.3%15.7%23.0%0.0%1.5%2.0%148.3K-3.6M-5.6K0.00123.84N/AN/A00996198
2020-12-08$48.58$44.1725.7%5.9%15.8%24.5%0.0%-0.8%2.6%141.6K-3.7M-5.2K0.00126.39N/AN/A600996198
2020-12-09$47.75$44.1719.0%5.4%14.0%14.0%0.0%1.1%2.7%148.6K-3.2M-5.8K0.00128.57N/AN/A00996198
2020-12-10$47.90$44.1722.9%6.6%12.3%20.1%0.0%4.7%1.3%161.2K-3.4M-5.2K0.00124.00N/AN/A00996198
2020-12-11$47.54$44.1720.1%5.8%12.0%15.7%0.0%4.6%4.3%185.7K-3.3M-5.5K0.00116.74N/AN/A1200996198
2020-12-14$47.71$44.1720.9%6.0%11.2%17.0%0.0%6.4%4.0%158.3K-3.4M-5.9K0.00119.76N/AN/A00996198
2020-12-15$48.37$44.1718.3%5.2%11.8%12.9%0.0%0.5%6.5%109.3K-3.7M-5.4K0.00122.82N/AN/A840996198
2020-12-16$48.85$44.1717.1%4.9%11.9%11.0%0.0%6.7%5.9%87.8K-3.8M-5.6K0.00126.39N/AN/A120996198
2020-12-17$49.10$44.1720.9%6.0%11.5%17.1%0.0%1.6%1.3%113.7K-3.7M-6.1K0.00132.97N/AN/A001,002198
2020-12-18$48.81$44.1717.2%4.9%12.0%11.2%0.0%0.5%3.8%68.5K-3.9M-5.6K0.00125.88N/AN/A001,002198
2020-12-21$48.81$44.1719.6%5.6%11.8%14.6%0.0%-0.1%3.6%68.3K-1.6M-5.7K0.00132.80N/AN/A00552126
2020-12-22$49.23$44.1720.8%6.0%11.8%14.5%0.0%3.3%1.7%69.5K-1.7M-5.5K0.00132.17N/AN/A00552126
2020-12-23$49.24$44.1722.2%6.4%11.5%16.8%0.0%2.7%0.8%65.1K-1.7M-5.7K0.00134.62N/AN/A00552126
2020-12-24$49.44$44.1719.6%5.6%11.5%12.5%0.0%5.9%2.6%70.4K-1.7M-5.4K0.00128.12N/AN/A00552126
2020-12-28$49.98$44.1722.2%6.4%11.8%16.7%0.0%3.5%1.0%64.7K-1.8M-5.4K0.00133.08N/AN/A240552126
2020-12-29$49.96$44.1722.1%6.3%11.9%16.5%0.0%5.1%-4.8%64.4K-1.9M-5.5K0.00135.57N/AN/A00564126
2020-12-30$50.00$44.1721.4%6.1%11.3%15.4%0.0%4.8%-1.0%63.4K-1.8M-5.5K0.00137.12N/AN/A00564126
2020-12-31$49.97$44.1721.0%6.0%11.3%14.8%0.0%0.9%0.9%64.8K-1.8M-5.5K0.00137.84N/AN/A00564126