XLI Options History — October 2022

In October 2022, XLI traded between $84.85 and $94.60. ATM implied volatility averaged 27.5%, placing in the 80.6% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 1.6% (HV 20d: 29.1%). Max pain ranged from $84.00 to $90.50. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.40.

Notable Days

  • 2022-10-20: Highest Volume — 96,372 contracts
  • 2022-10-04: Largest IV drop — 6.3% change
  • 2022-10-12: Highest IV Rank — 100.0%
  • 2022-10-12: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.30$84.85$94.60$85.43$94.58
Max Pain$86.45$84.00$90.50$90.50$87.00
ATM IV27.5%23.3%30.8%27.7%24.2%
Expected Move8.0%7.3%8.7%8.3%7.7%
HV 20d29.1%26.3%31.0%28.5%26.3%
HV 60d24.5%23.2%25.5%23.3%25.5%
IV Rank80.6%53.7%100.0%82.5%59.1%
IV Percentile87.8%56.3%100.0%94.4%60.7%
Term Structure-0.5%-1.7%0.3%-0.4%0.3%
VWIV29.0%25.9%31.5%31.1%25.9%
Skew 25d5.5%4.1%6.4%6.0%4.6%
Skew 10d10.7%7.6%15.2%11.5%9.4%
Call IV 25d25.1%21.6%28.3%24.9%22.0%
Put IV 25d30.5%25.8%34.4%30.9%26.6%
Bid-Ask Spread %14.227.5321.9511.0421.95
Gamma HHI0.100.050.170.050.17
Net GEX-636.1K-19.8M34.6M-6.0M34.6M
Net DEX95.6M-644.3M424.7M333.5M-609.6M
Net VEX-3.8M-4.7M-3.3M-3.3M-4.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.412.921.250.41
Total Volume41,322.61919,24296,37223,25873,709
Total OI355,905.524285,896477,372285,896462,686

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-10-03$85.43$90.5027.7%8.3%28.5%82.5%31.1%6.0%-0.4%-6.0M333.5M-3.3M1.2511.0410,32712,931146,083139,813
2022-10-04$88.12$90.0026.0%7.6%31.0%72.0%27.8%5.4%0.1%-1.7M166.7M-3.5M1.288.9317,02521,749145,960142,277
2022-10-05$88.25$90.0026.1%7.6%30.1%72.6%26.9%5.4%-0.0%-3.7M152.9M-3.7M1.747.918,71515,135152,631152,882
2022-10-06$86.94$86.0027.2%7.7%30.4%79.2%26.0%5.5%-0.2%-6.0M261.7M-3.6M0.7810.6419,47715,161153,270154,573
2022-10-07$84.95$86.0028.5%8.1%30.0%87.1%30.2%6.1%-0.1%1.1M424.7M-3.4M1.147.5318,56221,228159,977155,936
2022-10-10$85.64$86.0029.6%8.3%30.2%93.7%30.4%6.4%-0.6%-11.6M371.6M-3.4M2.5216.205,46513,777144,228147,255
2022-10-11$85.40$88.0030.1%8.6%27.4%96.7%30.8%6.3%-0.0%-11.8M382.4M-3.4M2.3715.296,78116,048145,025146,903
2022-10-12$85.06$87.0030.8%8.7%27.3%100.0%30.6%6.1%-0.6%-13.5M406.9M-3.4M1.1017.1617,43019,165147,342153,141
2022-10-13$86.74$87.0029.6%8.3%28.5%93.0%29.9%5.6%-0.7%-10.4M304.4M-3.5M1.5513.2222,74035,201150,948156,707
2022-10-14$84.85$84.0029.9%8.5%28.2%94.8%30.2%6.3%-0.4%-18.4M387.0M-3.5M1.6115.8312,33419,867155,690160,760
2022-10-17$86.74$84.0029.0%8.2%29.2%89.5%30.5%6.2%-0.4%-10.0M259.6M-3.6M1.1413.0910,33711,817154,749158,482
2022-10-18$88.56$84.0028.0%8.0%30.1%83.5%30.7%5.5%-0.8%-4.2M107.6M-3.6M1.1514.7910,69112,246155,459159,736
2022-10-19$87.89$84.0028.7%8.2%29.9%87.5%31.5%5.6%-1.7%-6.1M154.0M-3.6M2.9213.4311,00732,130157,180161,519
2022-10-20$86.31$85.0028.8%8.3%30.3%88.3%29.4%5.6%-1.7%-19.8M327.0M-3.6M1.1316.4045,28551,087159,121181,487
2022-10-21$88.82$85.0027.8%8.1%30.2%82.3%28.9%5.6%-1.2%-9.2M103.5M-4.2M0.8513.3249,68142,419194,301223,686
2022-10-24$89.98$86.0027.4%8.2%30.3%79.7%28.3%4.9%-0.6%4.1M-67.9M-4.6M0.8913.9625,78722,971207,305234,129
2022-10-25$91.10$86.0025.9%7.8%30.1%70.2%30.2%5.0%-0.1%10.9M-188.8M-4.7M1.0418.4317,93818,629211,976241,685
2022-10-26$91.65$86.0025.3%7.7%28.8%66.0%27.1%4.7%-0.5%15.6M-259.1M-4.6M1.1612.2519,35222,387213,659242,296
2022-10-27$92.61$87.0024.5%7.5%27.2%60.8%26.6%4.1%-0.5%20.8M-366.9M-4.7M1.9119.6910,72620,489216,888248,899
2022-10-28$94.60$87.0023.3%7.3%27.3%53.7%26.4%4.2%-0.2%31.9M-644.3M-4.5M1.4317.5712,33717,632222,980254,392
2022-10-31$94.58$87.0024.2%7.7%26.3%59.1%25.9%4.6%0.3%34.6M-609.6M-4.3M0.4121.9552,09421,615217,024245,662