EXI Options History — February 2026

In February 2026, EXI traded between $188.44 and $200.58. ATM implied volatility averaged 18.4%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 4.6% (HV 20d: 13.8%). Max pain ranged from $185.00 to $205.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-10: Highest Volume — 4 contracts
  • 2026-02-03: Largest IV spike — 22.7% change
  • 2026-02-23: Highest IV Rank — 19.0%
  • 2026-02-23: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$195.95$188.44$200.58$188.44$199.81
Max Pain$201.00$185.00$205.00$185.00$205.00
ATM IV18.4%14.5%21.3%14.5%20.7%
Expected Move5.4%4.1%6.1%4.1%5.9%
HV 20d13.8%11.9%15.4%14.0%13.9%
HV 60d13.5%13.2%14.2%13.3%13.2%
IV Rank13.5%5.9%19.0%5.9%17.8%
IV Percentile70.4%20.6%87.7%20.6%85.7%
Term Structure0.5%-1.0%4.0%1.4%-0.7%
VWIV12.5%12.0%12.9%12.0%12.9%
Skew 25d5.6%-2.1%9.6%2.7%6.6%
Skew 10d3.7%-1.2%6.4%3.6%4.9%
Call IV 25d14.5%12.1%18.2%12.3%16.3%
Put IV 25d20.0%15.0%23.0%15.0%23.0%
Bid-Ask Spread %110.4796.07132.07132.07109.72
Gamma HHI0.670.341.001.000.35
Net GEX4.8K26015.2K1.8K4.5K
Net DEX-31.2K-90.9K-13.2K-13.7K-87.5K
Net VEX-63-155-1-14-146
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5260400
Total OI3.6321717

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$188.44$185.0014.5%4.1%14.0%5.9%0.0%2.7%1.4%1.8K-13.7K-140.00132.07N/AN/A0010
2026-02-03$189.29$185.0017.8%5.1%12.6%12.2%0.0%0.5%-0.1%1.6K-14.0K-140.00124.43N/AN/A0010
2026-02-04$190.50$185.0017.1%4.9%12.4%10.9%0.0%6.9%4.0%1.3K-14.4K-120.00122.64N/AN/A0010
2026-02-05$189.68$0.0019.9%5.7%11.9%16.4%0.0%4.6%-0.8%1.6K-13.5K-130.0096.07N/AN/A0010
2026-02-06$193.96$0.0017.6%5.2%13.8%11.9%0.0%1.9%0.6%877-17.5K-60.00105.28N/AN/A0010
2026-02-09$197.65$0.0015.3%5.1%14.6%7.5%0.0%-2.1%0.3%275-19.4K-20.00113.41N/AN/A0010
2026-02-10$197.41$0.0016.6%5.2%14.5%10.0%12.0%7.4%0.5%260-19.4K-10.00105.83N/AN/A4010
2026-02-11$198.00$205.0018.5%5.3%14.3%13.6%12.9%5.2%0.4%8.4K-47.0K-890.00104.58N/AN/A2050
2026-02-12$195.75$205.0019.3%5.5%15.2%15.2%0.0%8.6%-1.0%7.2K-22.5K-870.00103.00N/AN/A0050
2026-02-13$197.47$205.0020.0%5.7%15.4%16.6%0.0%9.6%-0.1%8.1K-25.3K-920.00102.30N/AN/A0050
2026-02-17$197.25$205.0019.7%5.6%15.2%15.9%0.0%8.4%1.3%8.4K-25.6K-850.00106.29N/AN/A0050
2026-02-18$196.91$205.0019.0%5.4%13.2%14.5%0.0%7.6%0.5%8.6K-20.9K-750.00107.43N/AN/A0050
2026-02-19$196.82$205.0019.4%5.5%12.9%15.3%0.0%1.9%-0.0%8.6K-20.5K-730.00115.36N/AN/A0050
2026-02-20$199.11$205.0017.4%5.0%13.3%11.5%0.0%6.2%0.9%15.2K-29.7K-740.00110.91N/AN/A0050
2026-02-23$197.18$205.0021.3%6.1%13.6%19.0%0.0%8.1%-1.0%2.7K-13.2K-650.00107.21N/AN/A0030
2026-02-24$198.54$205.0017.9%5.1%13.7%12.4%0.0%7.1%2.4%3.0K-13.9K-660.00110.97N/AN/A4030
2026-02-25$198.65$205.0019.1%5.5%13.6%14.7%0.0%7.0%0.2%4.2K-84.4K-1550.00110.27N/AN/A0070
2026-02-26$200.58$205.0019.1%5.5%13.7%14.7%0.0%7.7%-0.1%5.0K-90.9K-1310.00111.13N/AN/A0070
2026-02-27$199.81$205.0020.7%5.9%13.9%17.8%0.0%6.6%-0.7%4.5K-87.5K-1460.00109.72N/AN/A0070