EXI Options History — September 2023

In September 2023, EXI traded between $112.52 and $119.69. ATM implied volatility averaged 15.3%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 3.9% (HV 20d: 11.4%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 16 of 20 days.

Notable Days

  • 2023-09-13: Largest IV drop — 52.8% change
  • 2023-09-12: Highest IV Rank — 33.1%
  • 2023-09-27: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.10$112.52$119.69$119.69$113.06
ATM IV15.3%11.3%25.3%13.4%14.4%
Expected Move3.8%3.2%4.9%3.8%4.1%
HV 20d11.4%9.9%12.2%11.9%10.6%
HV 60d11.5%11.0%12.0%11.9%11.0%
IV Rank9.7%0.0%33.1%3.8%8.5%
IV Percentile28.0%0.0%84.1%13.9%25.0%
Term Structure0.7%-1.3%2.4%-1.3%-0.0%
Skew 25d1.7%0.9%3.8%0.9%1.1%
Skew 10d1.8%0.8%2.5%0.8%1.4%
Call IV 25d12.5%10.9%15.1%15.1%14.5%
Put IV 25d14.2%12.5%16.3%16.0%15.7%
Bid-Ask Spread %134.91131.60139.41136.03135.78
Gamma HHI1.001.001.001.001.00
Net GEX-1.2K-1.4K-959-959-1.4K
Net DEX8.8K5.0K12.5K5.0K12.0K
Net VEX-42-44-37-37-41
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$119.69$0.0013.4%3.8%11.9%3.8%0.0%0.9%-1.3%-9595.0K-370.00136.03N/AN/A0002
2023-09-05$118.48$0.0017.6%3.4%11.7%14.2%0.0%1.6%2.4%-1.0K6.7K-420.00132.12N/AN/A0002
2023-09-06$118.19$0.0016.8%3.6%11.7%12.2%0.0%1.8%0.9%-1.1K7.0K-430.00133.09N/AN/A0002
2023-09-07$117.83$0.0016.8%3.7%11.7%12.1%0.0%1.6%1.0%-1.1K7.3K-430.00131.60N/AN/A0002
2023-09-08$117.09$0.0017.7%3.7%11.7%14.4%0.0%1.3%1.1%-1.2K7.7K-440.00133.19N/AN/A0002
2023-09-11$117.55$0.0022.3%3.3%11.8%25.5%0.0%1.5%1.3%-1.1K7.3K-420.00134.12N/AN/A0002
2023-09-12$116.90$0.0025.3%3.6%11.9%33.1%0.0%1.4%1.2%-1.2K7.8K-430.00133.98N/AN/A0002
2023-09-13$116.09$0.0011.9%3.4%11.3%0.1%0.0%1.5%2.2%-1.3K8.6K-440.00134.06N/AN/A0002
2023-09-14$117.45$0.0011.3%3.2%12.1%0.0%0.0%1.5%1.0%-1.2K7.4K-410.00135.38N/AN/A0002
2023-09-15$117.14$0.0013.4%3.8%11.6%5.7%0.0%3.3%0.9%-1.3K7.6K-420.00136.39N/AN/A0002
2023-09-18$117.25$0.0011.7%3.4%11.5%1.1%0.0%1.4%0.4%-1.3K7.2K-400.00137.00N/AN/A0002
2023-09-19$116.84$0.0011.9%3.4%11.6%1.6%0.0%1.3%0.6%-1.3K7.5K-410.00136.39N/AN/A0002
2023-09-20$116.40$0.0015.5%4.4%11.7%11.6%0.0%3.8%-0.6%-1.3K9.1K-430.00139.41N/AN/A0002
2023-09-21$114.55$0.0013.5%3.9%12.2%5.9%0.0%1.6%0.5%-1.3K10.3K-440.00133.58N/AN/A0002
2023-09-22$114.13$0.0013.6%3.9%11.3%6.3%0.0%1.4%0.3%-1.3K10.6K-430.00135.09N/AN/A0002
2023-09-25$114.11$0.0013.8%4.0%10.6%6.8%0.0%1.9%1.0%-1.3K10.8K-430.00136.01N/AN/A0002
2023-09-26$112.52$0.0014.2%4.1%10.9%8.1%0.0%1.9%1.0%-1.4K12.5K-410.00135.36N/AN/A0002
2023-09-27$112.97$0.0017.0%4.9%9.9%15.9%0.0%1.4%0.4%-1.3K12.2K-420.00134.61N/AN/A0002
2023-09-28$113.82$0.0014.1%4.0%10.5%7.6%0.0%1.2%-0.1%-1.4K11.0K-420.00134.99N/AN/A0002
2023-09-29$113.06$0.0014.4%4.1%10.6%8.5%0.0%1.1%-0.0%-1.4K12.0K-410.00135.78N/AN/A0002