EXI Options History — May 2023

In May 2023, EXI traded between $111.69 and $115.50. ATM implied volatility averaged 16.3%, placing in the 5.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 2.1% (HV 20d: 14.2%). Max pain ranged from $114.00 to $114.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days.

Notable Days

  • 2023-05-08: Largest IV spike — 13.4% change
  • 2023-05-04: Highest IV Rank — 10.2%
  • 2023-05-04: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.88$111.69$115.50$115.20$111.69
Max Pain$114.00$114.00$114.00$114.00$114.00
ATM IV16.3%13.7%18.3%15.0%17.6%
Expected Move4.6%3.9%5.7%4.3%5.1%
HV 20d14.2%13.0%15.1%14.4%13.1%
HV 60d16.2%15.8%16.5%16.0%16.1%
IV Rank5.7%0.0%10.2%2.7%9.0%
IV Percentile11.3%0.0%25.8%2.8%25.8%
Term Structure0.8%-1.0%3.4%-0.0%-1.0%
Skew 25d3.4%1.6%4.8%1.6%4.8%
Skew 10d3.3%0.0%5.5%2.7%2.7%
Call IV 25d13.9%12.1%16.2%15.0%15.7%
Put IV 25d17.3%15.2%20.6%16.6%20.6%
Bid-Ask Spread %124.07119.82132.83132.83126.41
Gamma HHI1.001.001.001.001.00
Net GEX2.0K1.5K2.8K1.7K2.3K
Net DEX-10.7K-13.9K-5.3K-13.4K-5.3K
Net VEX-26-32-15-32-15
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$115.20$0.0015.0%4.3%14.4%2.7%0.0%1.6%-0.0%1.7K-13.4K-320.00132.83N/AN/A0020
2023-05-02$113.73$0.0016.3%4.7%15.1%5.7%0.0%1.8%-0.4%1.6K-11.1K-320.00131.47N/AN/A0020
2023-05-03$113.91$0.0016.8%4.8%14.2%6.8%0.0%2.5%-0.3%1.6K-11.2K-310.00131.99N/AN/A0020
2023-05-04$112.84$114.0018.3%5.7%13.5%10.2%0.0%4.1%0.4%1.5K-9.7K-300.00119.96N/AN/A0020
2023-05-05$114.58$114.0016.0%4.5%14.4%4.9%0.0%4.8%2.3%1.6K-12.3K-310.00120.44N/AN/A0020
2023-05-08$114.21$114.0018.1%4.8%14.5%9.8%0.0%3.8%1.4%1.7K-11.7K-300.00119.82N/AN/A0020
2023-05-09$114.55$114.0017.9%4.3%14.2%9.4%0.0%4.4%2.5%1.8K-12.1K-290.00121.03N/AN/A0020
2023-05-10$114.35$114.0015.9%4.6%14.1%4.8%0.0%4.1%1.9%1.9K-11.8K-290.00121.16N/AN/A0020
2023-05-11$113.50$114.0017.0%4.9%14.1%7.1%0.0%4.4%1.2%1.8K-10.3K-280.00121.09N/AN/A0020
2023-05-12$113.49$114.0016.7%4.8%14.1%6.6%0.0%4.3%1.4%1.9K-10.1K-280.00121.07N/AN/A0020
2023-05-15$114.22$114.0014.9%4.3%14.0%2.4%0.0%3.5%2.2%2.1K-11.6K-270.00122.58N/AN/A0020
2023-05-16$113.38$114.0015.6%4.5%14.0%4.0%0.0%3.4%1.7%2.1K-10.1K-260.00123.02N/AN/A0020
2023-05-17$114.69$114.0014.6%4.2%14.7%1.7%0.0%3.0%3.4%2.8K-11.6K-240.00123.08N/AN/A0020
2023-05-18$115.21$114.0013.7%3.9%14.7%0.0%0.0%2.5%0.5%2.3K-13.5K-250.00123.87N/AN/A0020
2023-05-19$115.36$114.0014.2%4.1%14.7%1.1%0.0%3.9%1.4%1.9K-13.9K-250.00123.06N/AN/A0020
2023-05-22$115.50$114.0014.7%4.2%14.7%2.3%0.0%2.1%0.1%2.2K-13.8K-230.00124.51N/AN/A0020
2023-05-23$113.85$114.0016.5%4.7%14.6%6.4%0.0%3.1%-0.6%2.4K-10.4K-230.00123.68N/AN/A0020
2023-05-24$112.19$114.0017.4%5.0%14.7%8.5%0.0%2.8%-0.2%2.1K-7.0K-200.00124.68N/AN/A0020
2023-05-25$112.44$114.0016.8%4.8%13.0%7.1%0.0%4.0%0.4%2.4K-7.2K-200.00123.90N/AN/A0020
2023-05-26$113.39$114.0016.6%4.7%13.3%6.5%0.0%2.2%-0.6%2.6K-9.2K-210.00124.28N/AN/A0020
2023-05-30$113.11$114.0017.2%4.9%13.2%8.0%0.0%4.2%-0.2%2.5K-9.0K-190.00125.62N/AN/A0020
2023-05-31$111.69$114.0017.6%5.1%13.1%9.0%0.0%4.8%-1.0%2.3K-5.3K-150.00126.41N/AN/A0020