IXN Options History — February 2025

In February 2025, IXN traded between $81.61 and $88.16. ATM implied volatility averaged 22.9%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 4.4% (HV 20d: 27.3%). Max pain ranged from $78.00 to $87.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.04.

Notable Days

2025-02-21: Highest Volume — 87 contracts
2025-02-28: Largest IV spike — 81.5% change
2025-02-28: Highest IV Rank — 100.0%
2025-02-28: Largest Expected Move — 13.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$85.32	$81.61	$88.16	$82.41	$81.61
Max Pain	$79.32	$78.00	$87.00	$87.00	$78.00
ATM IV	22.9%	19.1%	47.8%	22.9%	47.8%
Expected Move	6.7%	5.5%	13.7%	6.6%	13.7%
HV 20d	27.3%	17.1%	31.6%	31.6%	21.6%
HV 60d	22.9%	22.3%	24.3%	22.9%	24.2%
IV Rank	31.9%	21.3%	100.0%	32.0%	100.0%
IV Percentile	50.8%	27.4%	100.0%	60.7%	100.0%
Term Structure	-1.4%	-25.4%	3.3%	0.2%	-25.4%
VWIV	22.6%	13.8%	33.8%	22.3%	33.8%
Skew 25d	3.4%	-5.2%	15.5%	4.7%	15.5%
Skew 10d	6.6%	2.5%	13.8%	6.3%	8.3%
Call IV 25d	17.5%	13.9%	25.7%	20.0%	21.8%
Put IV 25d	20.9%	13.7%	37.4%	24.7%	37.4%
Bid-Ask Spread %	124.58	112.56	159.42	133.95	159.42
Gamma HHI	0.21	0.16	0.32	0.22	0.19
Net GEX	57.3K	13.7K	118.6K	13.7K	27.2K
Net DEX	-767.8K	-1.1M	-307.1K	-307.1K	-444.1K
Net VEX	-2.7K	-3.4K	-2.1K	-3.2K	-3.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.00	8.00	2.00	2.00
Total Volume	10.211	0	87	6	0
Total OI	387.842	355	432	357	432

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-02-03	$82.41	$87.00	22.9%	6.6%	31.6%	32.0%	22.3%	4.7%	0.2%	13.7K	-307.1K	-3.2K	2.00	133.95	N/A	N/A	2	4	159	198
2025-02-04	$83.53	$87.00	23.8%	6.8%	31.4%	34.6%	20.1%	1.2%	-0.7%	20.7K	-437.0K	-3.2K	0.50	138.81	N/A	N/A	4	2	161	194
2025-02-05	$84.66	$85.00	19.9%	5.7%	30.9%	23.4%	0.0%	2.8%	3.3%	27.9K	-576.4K	-2.9K	0.00	141.60	N/A	N/A	0	0	162	196
2025-02-06	$85.13	$78.00	19.4%	6.2%	30.0%	22.0%	0.0%	2.9%	0.2%	26.2K	-628.1K	-3.0K	0.00	122.29	N/A	N/A	20	0	162	196
2025-02-07	$84.47	$78.00	19.7%	5.9%	30.1%	22.9%	0.0%	3.3%	1.5%	41.6K	-657.2K	-2.9K	0.00	118.85	N/A	N/A	0	0	180	196
2025-02-10	$85.86	$78.00	19.5%	6.0%	29.6%	22.5%	21.2%	3.6%	-0.0%	53.6K	-760.8K	-2.6K	0.00	124.75	N/A	N/A	1	0	180	196
2025-02-11	$86.10	$78.00	19.6%	5.9%	29.2%	22.6%	20.5%	2.7%	-0.2%	62.6K	-816.5K	-2.5K	0.11	124.37	N/A	N/A	9	1	181	196
2025-02-12	$85.92	$78.00	21.0%	6.0%	29.2%	26.6%	0.0%	4.8%	-0.3%	48.5K	-749.2K	-2.5K	0.00	120.98	N/A	N/A	1	0	183	196
2025-02-13	$87.18	$78.00	20.1%	5.8%	28.4%	24.0%	0.0%	4.2%	-0.2%	79.7K	-941.5K	-2.4K	0.50	121.59	N/A	N/A	4	2	184	196
2025-02-14	$87.65	$78.00	19.1%	5.5%	28.3%	21.3%	13.8%	0.9%	-0.0%	75.5K	-1.0M	-2.4K	0.00	126.67	N/A	N/A	15	0	186	198
2025-02-18	$88.11	$78.00	19.6%	5.6%	28.2%	22.5%	0.0%	-1.4%	-0.3%	80.5K	-1.1M	-2.1K	0.00	119.75	N/A	N/A	0	0	186	198
2025-02-19	$88.16	$78.00	19.6%	5.6%	28.1%	22.6%	25.4%	8.0%	0.3%	82.6K	-1.1M	-2.1K	2.00	121.93	N/A	N/A	3	6	186	198
2025-02-20	$88.15	$78.00	20.2%	5.8%	27.1%	24.5%	0.0%	-2.0%	-1.3%	118.6K	-1.1M	-2.1K	0.00	117.19	N/A	N/A	1	0	189	200
2025-02-21	$86.11	$78.00	21.6%	6.2%	28.4%	28.4%	24.3%	3.4%	0.8%	61.5K	-853.9K	-2.4K	0.43	119.16	N/A	N/A	61	26	189	200
2025-02-24	$85.35	$78.00	23.2%	6.6%	28.4%	32.8%	17.1%	3.8%	-0.4%	80.6K	-968.6K	-2.8K	8.00	113.98	N/A	N/A	1	8	220	195
2025-02-25	$84.12	$78.00	26.5%	7.6%	20.0%	42.3%	24.8%	6.3%	-2.5%	68.2K	-739.5K	-3.0K	0.00	112.56	N/A	N/A	1	0	221	203
2025-02-26	$84.87	$78.00	25.5%	7.3%	17.1%	39.6%	25.4%	4.7%	-1.1%	70.0K	-836.1K	-2.9K	0.00	112.77	N/A	N/A	16	0	221	203
2025-02-27	$81.72	$78.00	26.3%	7.6%	21.6%	41.9%	33.8%	-5.2%	0.3%	49.2K	-456.8K	-3.0K	2.00	116.34	N/A	N/A	2	4	225	203
2025-02-28	$81.61	$78.00	47.8%	13.7%	21.6%	100.0%	0.0%	15.5%	-25.4%	27.2K	-444.1K	-3.4K	0.00	159.42	N/A	N/A	0	0	226	206