XLI Options History — October 2024

In October 2024, XLI traded between $134.14 and $139.28. ATM implied volatility averaged 17.6%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 7.0% (HV 20d: 10.6%). Max pain ranged from $133.00 to $137.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 3.05.

Notable Days

  • 2024-10-24: Highest Volume — 491,539 contracts
  • 2024-10-07: Largest IV spike — 12.1% change
  • 2024-10-31: Highest IV Rank — 56.1%
  • 2024-10-31: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$136.59$134.14$139.28$135.69$134.14
Max Pain$135.96$133.00$137.00$133.00$137.00
ATM IV17.6%15.3%18.8%15.3%18.8%
Expected Move5.2%4.5%6.2%4.5%6.2%
HV 20d10.6%9.3%11.8%11.6%11.3%
HV 60d15.2%12.0%16.7%16.6%12.0%
IV Rank47.9%32.2%56.1%32.2%56.1%
IV Percentile90.8%77.0%98.4%77.0%98.4%
Term Structure-0.1%-1.7%2.8%2.8%-0.4%
VWIV18.7%15.7%21.2%15.7%21.2%
Skew 25d4.7%3.9%5.6%4.0%5.6%
Skew 10d11.8%7.8%18.2%7.8%12.4%
Call IV 25d15.7%13.3%16.7%13.9%16.6%
Put IV 25d20.4%17.2%22.2%17.9%22.2%
Bid-Ask Spread %30.1314.9450.9150.9117.92
Gamma HHI0.150.110.200.130.13
Net GEX29.4M-60.3M116.6M26.3M-60.3M
Net DEX-708.1M-1.36B59.3M-680.1M59.3M
Net VEX-7.3M-8.1M-6.6M-7.3M-7.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.050.5510.240.984.74
Total Volume55,140.874,849491,53926,55113,769
Total OI692,842.652627,173753,434627,173686,096

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$135.69$133.0015.3%4.5%11.6%32.2%15.7%4.0%2.8%26.3M-680.1M-7.3M0.9850.9113,38313,168222,106405,067
2024-10-02$135.24$133.0015.8%4.6%11.8%35.4%16.3%4.2%2.5%25.9M-686.7M-7.1M2.5341.682,4356,153232,959402,618
2024-10-03$134.36$135.0017.3%5.4%10.9%46.2%18.4%4.3%2.0%-5.9M-497.2M-7.3M10.2421.453,65437,414233,562403,694
2024-10-04$135.38$135.0016.2%5.0%10.0%37.8%17.3%3.9%2.5%29.2M-694.3M-7.1M2.8426.913,1068,818235,192432,916
2024-10-07$134.88$135.0018.1%5.3%9.3%51.6%18.8%5.4%-0.0%7.4M-520.1M-7.1M0.5544.135,8583,220234,874429,947
2024-10-08$135.62$135.0017.7%5.1%9.3%49.0%17.9%4.9%-0.6%44.7M-738.6M-7.0M3.4130.611,1804,024239,986451,050
2024-10-09$136.56$135.0017.6%4.9%9.3%48.3%18.0%5.0%-0.6%72.5M-915.9M-6.6M7.1726.771,50410,783239,840454,336
2024-10-10$135.78$135.0017.7%5.0%9.4%48.9%19.0%4.8%-0.4%58.0M-771.5M-6.7M1.3031.91197,181256,240240,730462,821
2024-10-11$138.38$135.0017.4%4.9%10.8%46.7%17.0%4.6%-0.4%88.8M-1.30B-7.1M2.3930.437,38317,662236,977466,977
2024-10-14$139.07$136.0017.9%5.1%10.8%50.0%19.9%4.7%-0.4%84.5M-1.36B-7.2M3.2027.525,35317,129236,117469,706
2024-10-15$138.31$136.0018.5%5.3%11.2%54.0%18.2%4.5%-1.6%65.6M-1.12B-7.8M0.9727.6427,02226,230238,285486,331
2024-10-16$139.28$137.0017.8%5.1%11.3%49.4%18.9%4.7%-0.4%91.9M-1.32B-7.7M3.8032.131,5115,749253,077492,631
2024-10-17$138.69$137.0017.6%5.0%10.3%47.9%17.7%4.6%-0.0%85.4M-1.19B-7.7M1.7034.732,6254,460253,505497,179
2024-10-18$139.06$137.0017.3%5.0%9.8%45.9%19.6%4.4%-0.6%116.6M-1.33B-7.1M1.7133.155,1768,852254,246499,188
2024-10-21$138.57$137.0017.7%5.1%10.0%48.4%17.7%4.5%-0.8%66.4M-920.2M-7.0M3.4530.321,6975,851233,404458,490
2024-10-22$137.34$137.0017.3%5.4%10.6%45.7%21.2%4.9%-0.9%23.1M-626.8M-7.0M2.6020.093,2778,531234,296461,475
2024-10-23$136.78$137.0018.3%5.3%10.7%52.9%18.8%4.8%-1.7%-4.6M-459.6M-7.2M7.1034.692,06514,663234,680463,896
2024-10-24$135.84$137.0017.8%5.4%10.9%49.4%21.1%4.9%-0.7%-37.1M-192.5M-7.6M1.6123.31188,354303,185235,929465,772
2024-10-25$135.41$137.0018.2%5.7%11.0%52.5%18.7%4.8%-0.7%-33.0M-150.5M-8.1M1.4418.313,5035,038231,943468,738
2024-10-28$136.03$137.0017.8%5.6%11.1%49.3%19.9%4.8%-0.2%-14.9M-352.7M-7.5M2.1814.941,5243,325220,327463,460
2024-10-29$135.75$137.0018.4%5.5%11.0%53.5%19.2%4.3%-0.3%-23.8M-313.6M-7.2M2.6640.792,4906,617220,992463,643
2024-10-30$135.47$137.0017.9%5.9%11.0%49.9%19.1%5.0%-0.2%-31.3M-215.0M-7.5M1.6832.762,6404,438222,324463,999
2024-10-31$134.14$137.0018.8%6.2%11.3%56.1%21.2%5.6%-0.4%-60.3M59.3M-7.4M4.7417.922,39711,372223,688462,408