EXI Options History — August 2023

In August 2023, EXI traded between $116.33 and $122.78. ATM implied volatility averaged 13.8%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 3.5% (HV 20d: 10.3%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 16 of 23 days.

Notable Days

  • 2023-08-09: Largest IV drop — 20.1% change
  • 2023-08-08: Highest IV Rank — 10.7%
  • 2023-08-31: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$119.20$116.33$122.78$122.78$119.59
ATM IV13.8%12.4%16.2%13.1%14.8%
Expected Move3.8%3.4%4.2%3.7%4.2%
HV 20d10.3%8.7%12.9%10.9%11.9%
HV 60d13.1%12.0%13.6%13.2%12.0%
IV Rank4.8%1.3%10.7%2.9%7.1%
IV Percentile13.6%3.6%24.6%7.9%22.6%
Term Structure0.7%-2.0%3.6%-0.9%-1.4%
Skew 25d1.3%0.8%1.7%1.4%0.8%
Skew 10d1.7%1.0%2.2%1.3%1.4%
Call IV 25d13.0%11.2%15.0%13.7%14.9%
Put IV 25d14.3%12.6%16.2%15.1%15.6%
Bid-Ask Spread %128.98120.58136.34132.00136.34
Gamma HHI1.001.001.001.001.00
Net GEX-891-1.0K-663-663-945
Net DEX6.4K3.9K8.5K3.9K5.3K
Net VEX-44-50-36-36-38
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$122.78$0.0013.1%3.7%10.9%2.9%0.0%1.4%-0.9%-6633.9K-360.00132.00N/AN/A0002
2023-08-02$121.05$0.0014.7%4.2%11.1%6.8%0.0%1.2%-1.4%-7635.5K-440.00131.88N/AN/A0002
2023-08-03$120.47$0.0015.2%3.8%10.1%8.1%0.0%1.7%2.0%-7855.8K-460.00120.91N/AN/A0002
2023-08-04$120.42$0.0015.1%3.8%9.9%7.8%0.0%1.5%1.2%-7865.9K-460.00120.58N/AN/A0002
2023-08-07$121.62$0.0015.5%3.4%10.2%8.9%0.0%1.2%1.8%-7475.0K-400.00121.93N/AN/A0002
2023-08-08$121.03$0.0016.2%3.8%9.7%10.7%0.0%1.6%1.4%-7735.6K-430.00122.41N/AN/A0002
2023-08-09$120.99$0.0013.0%3.7%9.3%2.6%0.0%1.4%1.6%-7855.3K-420.00123.61N/AN/A0002
2023-08-10$120.30$0.0013.3%3.8%8.9%3.3%0.0%1.4%1.9%-8275.9K-450.00122.33N/AN/A0002
2023-08-11$120.28$0.0012.8%3.7%8.8%2.2%0.0%1.3%1.8%-8185.9K-450.00123.70N/AN/A0002
2023-08-14$119.97$0.0012.4%3.6%8.7%1.3%0.0%1.1%1.8%-8416.1K-450.00124.59N/AN/A0002
2023-08-15$118.38$0.0013.0%3.7%9.3%2.6%0.0%1.2%1.6%-9337.0K-470.00125.06N/AN/A0002
2023-08-16$117.91$0.0013.7%3.9%9.3%4.5%0.0%1.6%1.6%-9427.4K-480.00124.62N/AN/A0002
2023-08-17$116.75$0.0013.7%3.9%9.7%4.3%0.0%1.4%3.6%-9818.3K-500.00124.81N/AN/A0002
2023-08-18$116.97$0.0013.6%3.9%9.8%4.3%0.0%1.6%1.0%-9348.1K-490.00133.98N/AN/A0002
2023-08-21$117.00$0.0013.5%3.9%9.8%4.0%0.0%1.3%1.0%-1.0K8.0K-480.00131.87N/AN/A0002
2023-08-22$116.68$0.0013.3%3.8%9.8%3.5%0.0%1.3%1.0%-1.0K8.1K-480.00134.19N/AN/A0002
2023-08-23$117.98$0.0013.1%3.7%10.5%2.9%0.0%1.5%0.9%-9897.2K-450.00135.48N/AN/A0002
2023-08-24$116.33$0.0014.1%4.0%11.2%5.3%0.0%1.3%-2.0%-1.0K8.5K-480.00135.42N/AN/A0002
2023-08-25$117.43$0.0014.2%4.1%11.5%5.6%0.0%0.8%-0.8%-1.0K7.5K-460.00135.43N/AN/A0002
2023-08-28$118.30$0.0013.6%3.9%12.0%4.3%0.0%1.6%0.2%-9937.0K-440.00135.05N/AN/A0002
2023-08-29$119.67$0.0013.2%3.8%12.9%3.1%0.0%1.5%-0.1%-9466.0K-400.00134.96N/AN/A0002
2023-08-30$119.79$0.0013.4%3.8%12.0%3.8%0.0%0.9%-1.5%-9285.1K-380.00135.46N/AN/A0002
2023-08-31$119.59$0.0014.8%4.2%11.9%7.1%0.0%0.8%-1.4%-9455.3K-380.00136.34N/AN/A0002