IXN Options History — November 2025

In November 2025, IXN traded between $100.14 and $111.23. ATM implied volatility averaged 31.1%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 7.2% (HV 20d: 23.9%). Max pain ranged from $83.00 to $107.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.10.

Notable Days

2025-11-11: Highest Volume — 23 contracts
2025-11-13: Largest IV spike — 68.0% change
2025-11-24: Highest IV Rank — 45.7%
2025-11-24: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$105.12	$100.14	$111.23	$111.23	$104.07
Max Pain	$86.79	$83.00	$107.00	$107.00	$83.00
ATM IV	31.1%	19.2%	41.8%	24.1%	34.6%
Expected Move	8.7%	5.5%	12.0%	6.9%	9.9%
HV 20d	23.9%	21.5%	25.9%	21.6%	25.1%
HV 60d	19.6%	16.9%	21.0%	16.9%	20.9%
IV Rank	28.1%	8.5%	45.7%	16.6%	33.8%
IV Percentile	79.4%	21.8%	97.2%	60.7%	91.7%
Term Structure	-0.9%	-9.1%	6.5%	-1.2%	0.3%
VWIV	23.0%	19.7%	27.1%	22.3%	23.9%
Skew 25d	3.6%	-11.7%	21.3%	-0.3%	21.3%
Skew 10d	6.6%	-8.1%	18.1%	1.9%	4.1%
Call IV 25d	23.9%	14.3%	37.2%	18.8%	14.3%
Put IV 25d	27.4%	18.3%	35.7%	18.5%	35.7%
Bid-Ask Spread %	128.93	107.64	139.77	134.08	135.39
Gamma HHI	0.37	0.24	0.55	0.24	0.42
Net GEX	92.3K	30.2K	182.0K	30.2K	115.1K
Net DEX	-3.3M	-4.0M	-2.3M	-4.0M	-3.4M
Net VEX	-4.2K	-5.6K	-2.6K	-2.7K	-4.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.10	0.00	1.00	0.00	0.00
Total Volume	3.684	0	23	4	1
Total OI	461.316	442	489	442	467

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
2025-11-03	$111.23	$107.00	24.1%	6.9%	21.6%	16.6%	0.0%	-0.3%	-1.2%	30.2K	-4.0M	-2.7K	0.00	134.08	N/A	N/A	4	0	393	49
2025-11-04	$108.52	$107.00	25.1%	7.2%	23.3%	18.1%	0.0%	2.8%	-2.9%	45.7K	-3.7M	-3.5K	0.00	132.08	N/A	N/A	0	0	393	49
2025-11-05	$108.87	$107.00	24.8%	7.1%	23.0%	17.6%	0.0%	2.3%	-1.4%	36.4K	-3.8M	-3.0K	0.00	134.81	N/A	N/A	0	0	393	49
2025-11-06	$106.12	$83.00	26.7%	7.2%	24.9%	20.9%	0.0%	7.8%	0.8%	60.3K	-3.4M	-4.2K	1.00	107.73	N/A	N/A	1	1	393	49
2025-11-07	$105.09	$83.00	26.3%	7.6%	21.5%	20.1%	22.3%	4.3%	1.0%	80.3K	-3.2M	-4.5K	0.00	108.82	N/A	N/A	0	5	392	50
2025-11-10	$108.36	$83.00	24.9%	6.0%	22.9%	17.9%	0.0%	7.1%	2.5%	40.1K	-3.7M	-3.2K	0.00	107.64	N/A	N/A	0	0	392	54
2025-11-11	$107.59	$83.00	25.2%	5.7%	22.3%	18.4%	0.0%	5.4%	3.0%	40.2K	-3.7M	-3.2K	0.05	109.13	N/A	N/A	22	1	392	54
2025-11-12	$107.64	$83.00	19.2%	5.5%	21.9%	8.5%	0.0%	10.9%	-4.0%	72.4K	-3.5M	-4.9K	0.00	127.14	N/A	N/A	1	0	411	55
2025-11-13	$105.09	$83.00	32.3%	9.3%	23.7%	30.1%	27.1%	6.4%	2.5%	85.2K	-3.2M	-5.2K	0.00	130.31	N/A	N/A	1	0	411	55
2025-11-14	$105.66	$83.00	35.6%	10.2%	23.8%	35.6%	25.3%	10.9%	6.5%	85.7K	-3.2M	-4.8K	0.00	131.30	N/A	N/A	3	0	412	55
2025-11-17	$103.65	$83.00	35.0%	10.0%	24.3%	34.6%	0.0%	-6.9%	-9.1%	129.4K	-3.0M	-4.6K	0.00	133.53	N/A	N/A	0	10	411	55
2025-11-18	$102.60	$83.00	33.0%	9.5%	24.5%	31.2%	0.0%	-6.4%	-4.5%	182.0K	-3.0M	-4.3K	0.00	135.57	N/A	N/A	8	0	411	65
2025-11-19	$103.06	$83.00	34.2%	9.8%	24.4%	33.2%	0.0%	-7.8%	-2.0%	110.0K	-2.8M	-5.1K	0.00	135.82	N/A	N/A	0	0	419	65
2025-11-20	$100.14	$83.00	37.6%	10.8%	25.9%	38.9%	0.0%	-11.7%	-4.6%	115.5K	-2.3M	-5.6K	0.00	133.65	N/A	N/A	0	0	419	70
2025-11-21	$100.59	$83.00	39.2%	11.2%	25.1%	41.5%	0.0%	2.9%	-3.6%	111.9K	-2.5M	-5.3K	0.00	139.77	N/A	N/A	3	0	419	70
2025-11-24	$102.53	$83.00	41.8%	12.0%	25.5%	45.7%	20.0%	14.6%	6.3%	114.0K	-3.1M	-4.3K	0.00	137.74	N/A	N/A	8	0	408	51
2025-11-25	$102.44	$83.00	35.7%	10.2%	24.4%	35.6%	19.7%	-9.8%	-7.3%	179.8K	-3.5M	-2.6K	0.00	138.91	N/A	N/A	1	0	416	51
2025-11-26	$104.10	$83.00	35.1%	10.1%	25.2%	34.7%	0.0%	13.7%	1.4%	118.3K	-3.4M	-3.9K	0.00	136.14	N/A	N/A	0	0	416	51
2025-11-28	$104.07	$83.00	34.6%	9.9%	25.1%	33.8%	23.9%	21.3%	0.3%	115.1K	-3.4M	-4.0K	0.00	135.39	N/A	N/A	0	1	416	51