EXI Options History — January 2024

In January 2024, EXI traded between $123.94 and $127.56. ATM implied volatility averaged 14.1%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 2.4% (HV 20d: 11.7%). Max pain ranged from $127.00 to $127.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 11 of 21 days.

Notable Days

  • 2024-01-24: Highest Volume — 1 contracts
  • 2024-01-03: Largest IV spike — 27.9% change
  • 2024-01-03: Highest IV Rank — 26.4%
  • 2024-01-03: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$125.86$123.94$127.56$125.72$126.73
Max Pain$127.00$127.00$127.00$127.00$127.00
ATM IV14.1%12.9%18.2%14.2%14.6%
Expected Move4.0%3.7%5.2%4.1%4.2%
HV 20d11.7%10.3%13.0%11.2%10.3%
HV 60d12.8%11.1%13.9%13.8%11.1%
IV Rank10.7%6.0%26.4%11.2%12.4%
IV Percentile32.0%15.1%77.4%33.7%42.5%
Term Structure0.1%-1.7%1.0%-0.3%-0.6%
VWIV13.3%13.3%13.3%13.3%13.3%
Skew 25d1.2%0.7%1.6%0.7%0.7%
Skew 10d1.9%0.9%2.7%1.9%0.9%
Call IV 25d12.9%11.4%15.3%14.9%15.2%
Put IV 25d14.1%12.7%16.0%15.6%15.9%
Bid-Ask Spread %135.54130.49139.23133.14138.91
Gamma HHI1.001.001.001.001.00
Net GEX-346-1.6K00-1.5K
Net DEX1.4K06.3K06.2K
Net VEX-3-1200-11
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0480100
Total OI0.2380101

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$125.72$0.0014.2%4.1%11.2%11.2%0.0%0.7%-0.3%0000.00133.14N/AN/A0000
2024-01-03$124.39$0.0018.2%5.2%11.9%26.4%0.0%0.7%-0.4%0000.00133.08N/AN/A0000
2024-01-04$124.88$0.0014.9%4.2%11.7%13.8%0.0%1.6%0.5%0000.00130.49N/AN/A0000
2024-01-05$124.66$0.0014.7%4.1%11.7%12.8%0.0%0.9%0.6%0000.00133.37N/AN/A0000
2024-01-08$125.61$0.0015.7%4.0%11.9%16.8%0.0%0.8%0.0%0000.00133.27N/AN/A0000
2024-01-09$125.00$0.0015.6%3.9%12.1%16.2%0.0%1.5%0.9%0000.00133.80N/AN/A0000
2024-01-10$125.71$0.0013.0%3.7%12.1%6.3%0.0%1.2%0.5%0000.00134.61N/AN/A0000
2024-01-11$125.89$0.0013.1%3.8%12.0%6.9%0.0%1.6%0.8%0000.00133.87N/AN/A0000
2024-01-12$126.56$0.0012.9%3.7%11.4%6.0%0.0%1.2%0.7%0000.00134.26N/AN/A0000
2024-01-16$124.77$0.0014.2%4.1%12.0%10.9%0.0%1.3%-0.3%0000.00134.84N/AN/A0000
2024-01-17$123.94$0.0015.0%4.3%12.2%14.3%0.0%1.6%-0.4%0000.00134.00N/AN/A0000
2024-01-18$125.39$0.0013.6%3.9%13.0%8.5%0.0%1.2%1.0%0000.00136.48N/AN/A0000
2024-01-19$125.88$0.0013.6%3.9%12.7%8.6%0.0%1.5%0.2%0000.00136.50N/AN/A0000
2024-01-22$126.78$0.0013.0%3.7%11.8%6.2%0.0%1.3%-0.1%0000.00137.38N/AN/A0000
2024-01-23$126.44$0.0012.9%3.7%11.5%6.2%0.0%1.1%-0.1%0000.00138.09N/AN/A0000
2024-01-24$126.35$0.0013.1%3.7%11.4%6.6%13.3%1.4%0.3%0000.00136.61N/AN/A0100
2024-01-25$126.73$127.0013.1%3.7%11.2%6.6%0.0%1.3%0.4%-1.4K6.3K-120.00137.91N/AN/A0001
2024-01-26$126.82$127.0013.1%3.8%11.2%6.9%0.0%1.4%-0.0%-1.4K6.1K-120.00138.07N/AN/A0001
2024-01-29$127.31$127.0014.6%4.2%11.2%12.6%0.0%0.7%-1.7%-1.6K5.6K-110.00138.51N/AN/A0001
2024-01-30$127.56$127.0013.6%3.9%11.2%8.6%0.0%0.9%-0.6%-1.4K5.3K-110.00139.23N/AN/A0001
2024-01-31$126.73$127.0014.6%4.2%10.3%12.4%0.0%0.7%-0.6%-1.5K6.2K-110.00138.91N/AN/A0001