IXN Options History — September 2025

In September 2025, IXN traded between $94.37 and $103.26. ATM implied volatility averaged 19.5%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 4.6% (HV 20d: 14.9%). Max pain ranged from $85.00 to $98.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.01.

Notable Days

  • 2025-09-04: Highest Volume — 40 contracts
  • 2025-09-05: Largest IV spike — 48.0% change
  • 2025-09-09: Highest IV Rank — 16.4%
  • 2025-09-02: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$99.32$94.37$103.26$94.37$102.84
Max Pain$94.48$85.00$98.00$85.00$98.00
ATM IV19.5%14.1%24.0%23.2%20.3%
Expected Move5.5%4.1%6.6%6.6%5.8%
HV 20d14.9%12.3%15.9%14.6%12.3%
HV 60d14.0%13.6%14.3%14.3%13.6%
IV Rank8.8%0.0%16.4%12.7%10.3%
IV Percentile25.6%0.0%57.9%49.6%36.1%
Term Structure1.2%-0.4%3.3%1.7%1.2%
VWIV22.0%17.3%26.4%17.3%23.0%
Skew 25d2.8%-5.5%8.0%4.5%1.8%
Skew 10d7.0%-2.1%13.8%4.9%6.9%
Call IV 25d17.9%11.7%22.4%21.9%20.5%
Put IV 25d20.7%14.2%26.4%26.4%22.3%
Bid-Ask Spread %141.63121.21154.91121.21144.34
Gamma HHI0.640.590.690.610.59
Net GEX101.1K81.6K125.1K117.2K85.5K
Net DEX-2.9M-3.4M-2.1M-2.1M-3.0M
Net VEX-6.2K-7.2K-5.0K-7.0K-5.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.010.000.150.000.00
Total Volume4.8104021
Total OI429.095389464425393

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$94.37$85.0023.2%6.6%14.6%12.7%0.0%4.5%1.7%117.2K-2.1M-7.0K0.00121.21N/AN/A0238837
2025-09-03$94.80$85.0014.2%4.1%14.7%0.0%0.0%2.0%3.3%122.9K-2.3M-6.9K0.00122.73N/AN/A0038839
2025-09-04$95.35$95.0014.1%5.6%14.5%0.0%0.0%2.9%0.0%119.5K-2.3M-6.8K0.00146.82N/AN/A40038839
2025-09-05$95.52$95.0020.8%5.5%14.5%11.1%0.0%6.3%-0.3%125.1K-2.5M-7.2K0.00141.58N/AN/A2040739
2025-09-08$96.55$95.0023.3%5.0%14.6%15.2%0.0%8.0%0.7%117.4K-2.7M-6.9K0.00154.91N/AN/A0040839
2025-09-09$96.53$95.0024.0%5.3%14.6%16.4%0.0%7.7%0.9%118.0K-2.7M-6.9K0.00153.27N/AN/A3040839
2025-09-10$98.38$95.0019.0%5.4%15.5%8.2%0.0%2.4%0.1%112.2K-2.9M-6.6K0.00142.72N/AN/A3041139
2025-09-11$98.77$95.0017.7%5.1%15.6%6.1%17.3%3.1%1.8%102.9K-3.0M-6.4K0.15151.19N/AN/A13241039
2025-09-12$99.07$95.0018.4%5.3%15.6%7.1%0.0%3.6%1.5%101.1K-3.1M-6.4K0.00151.04N/AN/A0041340
2025-09-15$99.72$95.0018.0%5.2%15.5%6.5%21.4%3.0%2.2%92.3K-3.2M-6.2K0.00149.81N/AN/A01941340
2025-09-16$99.69$95.0018.6%5.3%15.5%7.4%0.0%2.5%1.6%99.9K-3.2M-6.0K0.00148.53N/AN/A0041348
2025-09-17$99.19$95.0019.5%5.6%14.0%9.0%0.0%1.6%1.1%100.5K-3.1M-6.5K0.00143.82N/AN/A6041348
2025-09-18$100.95$95.0018.6%5.3%14.5%7.4%0.0%2.8%1.1%92.8K-3.3M-5.9K0.00143.52N/AN/A1041648
2025-09-19$101.31$95.0018.1%5.2%14.3%6.6%26.4%2.3%2.0%91.2K-3.4M-5.8K0.00142.68N/AN/A2041648
2025-09-22$103.26$95.0018.1%5.2%14.8%6.7%0.0%3.2%2.1%81.6K-3.0M-5.2K0.00132.87N/AN/A0036623
2025-09-23$102.42$95.0019.9%5.7%15.4%9.7%0.0%-5.5%0.9%84.4K-2.9M-5.6K0.00134.60N/AN/A0136623
2025-09-24$101.64$95.0020.0%5.7%15.9%9.8%0.0%1.5%0.6%90.7K-2.9M-5.5K0.00133.13N/AN/A0036624
2025-09-25$101.38$95.0021.8%6.3%15.9%12.8%23.0%-1.6%-0.4%89.3K-2.8M-5.8K0.00129.43N/AN/A0336624
2025-09-26$101.66$98.0021.1%6.0%15.8%11.6%0.0%4.2%3.3%89.8K-2.9M-5.5K0.00141.45N/AN/A2036626
2025-09-29$102.27$98.0020.4%5.8%13.7%10.4%0.0%1.8%0.1%87.8K-3.0M-5.3K0.00144.53N/AN/A1036826
2025-09-30$102.84$98.0020.3%5.8%12.3%10.3%0.0%1.8%1.2%85.5K-3.0M-5.0K0.00144.34N/AN/A1036726