IXN Options History — May 2023

In May 2023, IXN traded between $53.20 and $59.64. ATM implied volatility averaged 34.4%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 16.2% (HV 20d: 18.2%). Max pain ranged from $45.00 to $52.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 2.64.

Notable Days

  • 2023-05-23: Highest Volume — 92 contracts
  • 2023-05-31: Largest IV spike — 113.3% change
  • 2023-05-09: Highest IV Rank — 43.0%
  • 2023-05-03: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.68$53.20$59.64$54.20$59.33
Max Pain$45.95$45.00$52.00$52.00$45.00
ATM IV34.4%18.4%50.3%41.0%39.2%
Expected Move9.2%5.3%12.2%11.8%11.2%
HV 20d18.2%15.4%22.6%15.5%22.3%
HV 60d18.8%17.3%19.8%19.3%19.6%
IV Rank19.6%0.0%43.0%29.1%29.7%
IV Percentile26.5%0.0%82.1%45.6%41.3%
Term Structure-1.5%-8.0%7.1%-7.3%-3.0%
VWIV38.6%25.0%84.9%43.3%25.0%
Skew 25d18.9%-10.6%45.8%45.8%18.4%
Skew 10d31.2%-7.8%60.8%-6.3%29.7%
Call IV 25d22.2%12.6%34.7%24.0%34.7%
Put IV 25d41.1%13.1%69.7%69.7%53.1%
Bid-Ask Spread %111.7998.15131.63121.43106.79
Gamma HHI0.320.210.540.340.21
Net GEX30.8K-31.0K85.0K-4.5K46.3K
Net DEX-757.0K-1.3M51.9K-654.6K-1.3M
Net VEX-2.1K-4.6K-991-2.6K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.640.0036.000.080.00
Total Volume12.63609220
Total OI780.864683813801813

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$54.20$52.0041.0%11.8%15.5%29.1%0.0%45.8%-7.3%-4.5K-654.6K-2.6K0.00121.43N/AN/A02278523
2023-05-02$53.72$52.0038.8%11.1%15.8%25.8%0.0%-8.1%-4.6%-21.5K-377.1K-3.1K0.00128.75N/AN/A00268523
2023-05-03$53.47$52.0042.6%12.2%15.6%31.5%0.0%38.3%-4.6%-31.0K-374.4K-3.1K0.08131.63N/AN/A121268523
2023-05-04$53.20$45.0044.3%9.6%15.4%34.1%0.0%5.1%-2.6%14.3K51.9K-4.6K0.00103.25N/AN/A10278524
2023-05-05$54.66$45.0035.5%8.1%18.1%20.9%0.0%30.1%1.4%-10.8K-605.5K-2.8K0.39110.17N/AN/A187278524
2023-05-08$54.61$45.0045.3%8.8%18.1%35.4%0.0%23.2%-1.1%20.4K-517.2K-3.2K0.0099.74N/AN/A00278531
2023-05-09$54.17$45.0050.3%9.5%18.2%43.0%43.3%-10.6%-4.2%42.7K-790.1K-1.7K0.00102.50N/AN/A10278531
2023-05-10$54.80$45.0029.2%8.4%18.4%11.4%84.9%-9.4%1.1%65.6K-861.7K-1.6K0.00105.15N/AN/A01277531
2023-05-11$54.41$45.0029.6%8.5%17.5%12.0%0.0%-2.1%0.9%50.9K-796.7K-1.7K0.0098.15N/AN/A10277531
2023-05-12$54.24$45.0028.6%8.2%17.3%10.6%0.0%-4.8%2.4%27.8K-587.1K-2.9K0.00100.38N/AN/A00277531
2023-05-15$54.71$45.0027.3%7.8%17.5%8.6%0.0%-4.9%7.1%54.8K-835.5K-1.5K0.00106.97N/AN/A00277531
2023-05-16$54.98$45.0029.3%8.4%17.5%11.6%29.2%27.1%1.4%52.6K-888.9K-1.5K36.00112.49N/AN/A136277531
2023-05-17$55.59$45.0028.2%8.1%17.8%10.0%0.0%22.5%1.1%61.4K-1.0M-1.4K0.00116.14N/AN/A00278531
2023-05-18$56.69$45.0026.2%7.5%18.5%7.0%29.6%20.7%0.2%35.1K-825.7K-1.1K0.00114.23N/AN/A90213531
2023-05-19$56.74$45.0028.4%8.1%18.4%10.3%0.0%19.7%-3.5%85.0K-819.8K-9910.00117.73N/AN/A100214531
2023-05-22$56.84$45.0034.9%10.0%18.2%19.9%38.5%42.1%-6.7%29.5K-753.5K-1.2K0.21113.82N/AN/A143185498
2023-05-23$56.11$45.0034.0%9.7%17.2%18.6%0.0%35.5%-3.0%28.4K-713.8K-1.3K0.00117.90N/AN/A920187500
2023-05-24$55.58$45.0034.6%9.9%17.6%19.6%29.8%39.6%-3.1%21.2K-569.4K-2.9K0.00117.63N/AN/A20260500
2023-05-25$57.86$45.0033.7%9.7%21.2%18.1%30.7%28.9%-1.4%36.8K-991.9K-2.0K0.33113.42N/AN/A31259500
2023-05-26$59.40$45.0037.3%10.7%22.6%23.6%36.1%24.6%-8.0%33.6K-1.2M-1.6K0.00111.13N/AN/A230260500
2023-05-30$59.64$45.0018.4%5.3%22.6%0.0%25.0%33.6%3.7%39.9K-1.2M-1.7K0.00110.05N/AN/A400274500
2023-05-31$59.33$45.0039.2%11.2%22.3%29.7%0.0%18.4%-3.0%46.3K-1.3M-1.9K0.00106.79N/AN/A00313500