EXI Options History — December 2023

In December 2023, EXI traded between $120.35 and $127.59. ATM implied volatility averaged 15.5%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 5.0% (HV 20d: 10.5%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days.

Notable Days

  • 2023-12-13: Largest IV drop — 54.5% change
  • 2023-12-11: Highest IV Rank — 41.0%
  • 2023-12-01: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$124.35$120.35$127.59$121.41$127.48
ATM IV15.5%11.3%26.1%15.1%12.8%
Expected Move3.7%3.3%4.3%4.3%3.7%
HV 20d10.5%8.6%11.6%11.6%10.9%
HV 60d14.1%13.4%14.4%14.4%13.4%
IV Rank12.5%0.0%41.0%10.4%5.6%
IV Percentile37.1%0.4%97.2%36.5%12.7%
Term Structure0.9%-2.9%2.7%-1.9%0.5%
Skew 25d1.4%-0.6%2.5%1.0%1.1%
Skew 10d2.3%0.8%5.8%1.3%1.9%
Call IV 25d12.1%10.8%15.6%15.6%13.0%
Put IV 25d13.5%12.4%16.6%16.6%14.0%
Bid-Ask Spread %134.88131.64141.85141.85133.01
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$121.41$0.0015.1%4.3%11.6%10.4%0.0%1.0%-1.9%0000.00141.85N/AN/A0000
2023-12-04$120.89$0.0016.5%3.7%11.5%14.4%0.0%2.3%2.0%0000.00134.82N/AN/A0000
2023-12-05$120.35$0.0019.1%3.7%11.2%21.7%0.0%2.2%1.8%0000.00137.62N/AN/A0000
2023-12-06$120.98$0.0017.4%3.6%11.1%17.0%0.0%2.3%1.6%0000.00137.69N/AN/A0000
2023-12-07$121.50$0.0018.4%3.8%11.1%19.6%0.0%2.3%1.3%0000.00136.14N/AN/A0000
2023-12-08$121.72$0.0018.1%3.5%11.1%19.0%0.0%2.4%1.9%0000.00135.81N/AN/A0000
2023-12-11$122.47$0.0026.1%3.4%10.8%41.0%0.0%2.1%2.7%0000.00136.47N/AN/A0000
2023-12-12$123.06$0.0024.9%3.4%10.8%37.9%0.0%2.0%2.1%0000.00135.37N/AN/A0000
2023-12-13$124.51$0.0011.3%3.3%8.6%0.0%0.0%1.4%2.4%0000.00134.47N/AN/A0000
2023-12-14$125.81$0.0011.8%3.4%8.9%1.2%0.0%2.5%1.4%0000.00134.94N/AN/A0000
2023-12-15$125.45$0.0011.9%3.4%9.1%2.2%0.0%0.8%1.4%0000.00136.37N/AN/A0000
2023-12-18$125.63$0.0012.3%3.5%8.8%3.7%0.0%0.3%0.8%0000.00135.80N/AN/A0000
2023-12-19$126.56$0.0012.1%3.5%8.9%3.0%0.0%0.7%1.0%0000.00133.74N/AN/A0000
2023-12-20$124.75$0.0013.7%3.9%10.7%9.1%0.0%1.0%0.7%0000.00132.15N/AN/A0000
2023-12-21$125.90$0.0013.8%3.9%11.0%9.3%0.0%1.0%0.4%0000.00132.00N/AN/A0000
2023-12-22$126.29$0.0013.5%3.9%10.9%8.4%0.0%1.2%1.3%0000.00132.13N/AN/A0000
2023-12-26$127.22$0.0013.7%3.9%10.8%9.0%0.0%1.1%0.8%0000.00131.64N/AN/A0000
2023-12-27$127.36$0.0012.8%3.7%10.8%5.8%0.0%-0.6%-0.7%0000.00132.97N/AN/A0000
2023-12-28$127.59$0.0014.5%4.2%10.8%12.2%0.0%1.4%-2.9%0000.00132.68N/AN/A0000
2023-12-29$127.48$0.0012.8%3.7%10.9%5.6%0.0%1.1%0.5%0000.00133.01N/AN/A0000