EXI Options History — April 2023

In April 2023, EXI traded between $111.05 and $115.41. ATM implied volatility averaged 16.1%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 0.0% (HV 20d: 16.2%). Max pain ranged from $104.00 to $104.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days.

Notable Days

  • 2023-04-10: Largest IV spike — 25.8% change
  • 2023-04-10: Highest IV Rank — 14.8%
  • 2023-04-06: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.62$111.05$115.41$114.41$114.75
Max Pain$104.00$104.00$104.00$104.00$104.00
ATM IV16.1%13.8%21.3%16.7%14.3%
Expected Move4.5%4.0%5.2%4.8%4.1%
HV 20d16.2%12.0%20.9%20.1%14.7%
HV 60d16.0%15.6%16.5%16.5%16.0%
IV Rank4.0%0.0%14.8%3.8%1.0%
IV Percentile7.6%0.0%37.7%4.4%2.0%
Term Structure0.7%-2.1%2.2%0.2%0.6%
Skew 25d2.1%0.7%3.2%1.8%1.9%
Skew 10d3.2%2.7%3.9%3.0%3.2%
Call IV 25d14.8%12.6%24.7%15.5%14.2%
Put IV 25d16.9%14.5%25.4%17.3%16.2%
Bid-Ask Spread %129.95122.01140.83131.01132.72
Gamma HHI0.900.661.000.881.00
Net GEX1.3K8191.6K1.1K1.6K
Net DEX-11.1K-13.6K-7.7K-12.2K-12.7K
Net VEX-37-42-32-41-33
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2.7372332

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$114.41$104.0016.7%4.8%20.1%3.8%0.0%1.8%0.2%1.1K-12.2K-410.00131.01N/AN/A0021
2023-04-04$112.78$104.0016.9%4.9%20.2%4.4%0.0%1.9%1.5%962-10.2K-420.00130.81N/AN/A0021
2023-04-05$111.05$104.0017.6%5.0%20.9%5.9%0.0%2.3%1.9%819-7.7K-400.00132.30N/AN/A0021
2023-04-06$111.10$0.0017.0%5.2%20.7%4.5%0.0%3.2%-2.1%878-7.7K-390.00122.01N/AN/A0021
2023-04-10$111.39$0.0021.3%5.2%19.7%14.8%0.0%2.7%0.1%925-7.7K-380.00131.59N/AN/A0021
2023-04-11$112.42$0.0020.5%4.8%19.8%12.8%0.0%2.3%0.7%1.1K-9.6K-380.00126.62N/AN/A0021
2023-04-12$113.18$0.0016.3%4.7%19.8%2.8%0.0%2.1%1.3%1.2K-10.3K-390.00125.37N/AN/A0021
2023-04-13$114.00$0.0017.5%5.0%16.6%5.7%0.0%0.7%-0.1%1.2K-11.2K-380.00140.83N/AN/A0021
2023-04-14$113.73$0.0015.6%4.5%15.5%1.2%0.0%2.7%0.5%1.3K-11.2K-380.00126.77N/AN/A0021
2023-04-17$114.57$0.0014.0%4.0%14.2%0.0%0.0%2.2%0.9%1.4K-12.5K-370.00128.11N/AN/A0021
2023-04-18$115.28$0.0014.5%4.2%13.5%1.1%0.0%1.9%1.2%1.4K-13.4K-360.00127.79N/AN/A0021
2023-04-19$114.94$0.0013.8%4.0%12.9%0.0%0.0%1.6%0.9%1.5K-13.2K-360.00129.19N/AN/A0021
2023-04-20$114.76$0.0014.0%4.0%12.6%0.5%0.0%2.1%0.6%1.5K-13.0K-350.00129.72N/AN/A0021
2023-04-21$115.03$0.0013.8%4.0%12.1%0.0%0.0%1.8%1.6%1.5K-13.2K-350.00129.88N/AN/A0021
2023-04-24$115.41$0.0014.1%4.0%12.0%0.5%0.0%1.9%1.4%1.5K-13.6K-340.00129.74N/AN/A0020
2023-04-25$113.70$0.0016.9%4.9%13.1%7.1%0.0%2.2%-0.1%1.4K-11.1K-340.00135.62N/AN/A0020
2023-04-26$112.10$0.0016.7%4.8%14.2%6.6%0.0%2.7%2.2%1.4K-8.9K-320.00128.58N/AN/A0020
2023-04-27$114.20$0.0015.1%4.3%14.8%2.9%0.0%1.9%0.7%1.6K-11.8K-330.00130.35N/AN/A0020
2023-04-28$114.75$0.0014.3%4.1%14.7%1.0%0.0%1.9%0.6%1.6K-12.7K-330.00132.72N/AN/A0020