IXN Options History — February 2023

In February 2023, IXN traded between $48.92 and $52.01. ATM implied volatility averaged 37.3%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 14.7% (HV 20d: 22.6%). Max pain ranged from $42.00 to $51.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.30.

Notable Days

  • 2023-02-17: Highest Volume — 27 contracts
  • 2023-02-21: Largest IV spike — 52.6% change
  • 2023-02-07: Highest IV Rank — 36.2%
  • 2023-02-28: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.68$48.92$52.01$50.92$49.28
Max Pain$49.89$42.00$51.00$42.00$51.00
ATM IV37.3%24.9%50.9%40.7%49.6%
Expected Move9.7%7.1%14.2%11.7%14.2%
HV 20d22.6%20.5%25.3%21.5%24.3%
HV 60d26.5%24.1%29.7%29.7%24.1%
IV Rank19.4%4.1%36.2%23.8%34.4%
IV Percentile35.1%2.0%80.2%40.5%75.0%
Term Structure0.5%-10.5%6.7%-10.5%1.8%
VWIV30.6%21.0%54.7%32.0%35.7%
Skew 25d30.5%-9.7%49.1%32.5%49.1%
Skew 10d30.6%-0.7%54.9%28.5%54.9%
Call IV 25d25.0%20.3%33.7%26.8%26.4%
Put IV 25d55.6%19.9%75.5%59.2%75.5%
Bid-Ask Spread %110.13103.72122.20122.20117.55
Gamma HHI0.160.120.200.160.17
Net GEX11.9K5.3K21.3K12.9K6.1K
Net DEX-299.4K-394.6K-186.0K-309.7K-194.9K
Net VEX-1.4K-1.5K-1.2K-1.3K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.001.000.290.00
Total Volume4.10502792
Total OI312.316209368340210

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$50.92$42.0040.7%11.7%21.5%23.8%32.0%32.5%-10.5%12.9K-309.7K-1.3K0.29122.20N/AN/A72143197
2023-02-02$51.71$50.0047.6%7.4%21.6%32.2%30.8%38.1%-1.2%15.9K-362.7K-1.5K0.00105.93N/AN/A100149197
2023-02-03$51.45$50.0038.0%7.7%21.2%20.5%0.0%36.4%-0.3%13.7K-359.3K-1.5K0.00104.19N/AN/A00155197
2023-02-06$50.70$50.0034.4%7.7%20.5%16.0%54.7%38.0%-3.5%13.9K-314.2K-1.5K0.00104.79N/AN/A011155197
2023-02-07$51.87$50.0050.9%7.1%21.3%36.2%0.0%36.3%-0.8%18.6K-394.6K-1.4K0.00106.47N/AN/A00155208
2023-02-08$51.34$50.0028.1%8.1%22.0%8.4%0.0%33.8%-2.6%14.9K-354.5K-1.5K0.00107.79N/AN/A00155209
2023-02-09$51.17$50.0028.9%8.3%21.9%9.3%0.0%36.8%-2.5%15.5K-339.3K-1.4K0.00107.47N/AN/A00155209
2023-02-10$50.84$50.0028.2%8.1%22.1%8.2%21.0%35.5%-2.3%14.0K-322.4K-1.4K0.00106.06N/AN/A01155209
2023-02-13$51.66$50.0026.4%7.6%22.5%5.9%0.0%24.3%0.3%15.9K-376.6K-1.3K0.00107.31N/AN/A10155209
2023-02-14$52.01$50.0024.9%7.1%22.6%4.1%22.8%29.3%2.9%5.3K-296.1K-1.5K0.25109.64N/AN/A41156209
2023-02-15$51.80$50.0025.7%7.4%22.3%5.1%0.0%28.9%-0.2%13.2K-394.2K-1.3K0.00103.72N/AN/A01158209
2023-02-16$51.19$50.0025.9%7.4%22.5%5.4%24.5%30.8%0.3%21.3K-370.6K-1.3K0.17109.97N/AN/A61158210
2023-02-17$50.45$50.0029.9%8.6%22.8%10.2%23.1%41.8%5.0%8.9K-304.0K-1.3K0.00113.46N/AN/A270158210
2023-02-21$49.34$51.0045.6%13.1%23.0%29.4%0.0%26.5%6.7%7.0K-202.6K-1.3K0.00113.84N/AN/A0014762
2023-02-22$48.99$51.0047.1%13.5%23.1%31.3%0.0%32.8%4.0%6.3K-186.4K-1.3K0.00111.32N/AN/A0014762
2023-02-23$50.04$51.0043.5%12.5%24.3%26.9%0.0%3.8%5.9%9.2K-230.3K-1.3K1.00114.68N/AN/A1114762
2023-02-24$48.92$51.0046.8%13.4%25.3%30.9%0.0%35.3%0.4%6.2K-190.3K-1.3K1.00115.03N/AN/A1114763
2023-02-27$49.33$51.0047.0%13.5%25.2%31.2%0.0%-9.7%5.4%7.6K-186.0K-1.3K0.00110.99N/AN/A0014664
2023-02-28$49.28$51.0049.6%14.2%24.3%34.4%35.7%49.1%1.8%6.1K-194.9K-1.2K0.00117.55N/AN/A2014664