EXI Options History — March 2026

In March 2026, EXI traded between $174.82 and $198.97. ATM implied volatility averaged 25.3%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 6.3% (HV 20d: 19.0%). Max pain ranged from $175.00 to $205.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2026-03-19: Highest Volume — 1 contracts
2026-03-06: Largest IV spike — 41.9% change
2026-03-30: Highest IV Rank — 39.4%
2026-03-30: Largest Expected Move — 9.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$185.95	$174.82	$198.97	$198.97	$180.84
Max Pain	$184.00	$175.00	$205.00	$205.00	$175.00
ATM IV	25.3%	19.8%	31.9%	20.5%	28.7%
Expected Move	7.1%	5.9%	9.1%	5.9%	8.2%
HV 20d	19.0%	13.8%	26.3%	13.8%	26.3%
HV 60d	16.2%	13.2%	19.8%	13.2%	19.8%
IV Rank	26.7%	16.1%	39.4%	17.4%	33.3%
IV Percentile	92.0%	80.2%	97.6%	84.5%	96.0%
Term Structure	-1.2%	-6.0%	3.2%	-1.7%	-3.8%
VWIV	27.4%	27.4%	27.4%	27.4%	27.4%
Skew 25d	7.3%	2.1%	11.5%	2.6%	6.3%
Skew 10d	5.4%	2.2%	7.6%	5.2%	3.8%
Call IV 25d	18.6%	15.6%	24.3%	17.2%	23.1%
Put IV 25d	25.9%	19.8%	31.9%	19.8%	29.4%
Bid-Ask Spread %	68.96	30.41	119.45	117.50	34.09
Gamma HHI	0.49	0.33	0.78	0.34	0.35
Net GEX	2.6K	2.0K	4.3K	4.3K	3.3K
Net DEX	-59.8K	-84.0K	-42.6K	-84.0K	-52.3K
Net VEX	-153	-193	-130	-137	-180
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.136	0	1	0	0
Total OI	7.182	7	8	7	8

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-03-02	$198.97	$205.00	20.5%	5.9%	13.8%	17.4%	0.0%	2.6%	-1.7%	4.3K	-84.0K	-137	117.50	N/A	N/A	0	0	7	0
2026-03-03	$194.81	$205.00	22.9%	6.6%	16.1%	22.0%	0.0%	4.3%	-2.7%	3.5K	-73.5K	-143	117.99	N/A	N/A	0	0	7	0
2026-03-04	$196.22	$205.00	21.6%	6.2%	16.2%	19.5%	0.0%	2.6%	-1.3%	3.6K	-76.1K	-146	119.45	N/A	N/A	0	0	7	0
2026-03-05	$190.97	$0.00	19.8%	5.9%	19.0%	16.1%	0.0%	6.8%	3.2%	2.4K	-68.2K	-134	105.89	N/A	N/A	0	0	7	0
2026-03-06	$189.21	$0.00	28.1%	7.2%	19.3%	32.1%	0.0%	11.5%	-1.4%	2.7K	-62.6K	-157	104.35	N/A	N/A	0	0	7	0
2026-03-09	$189.82	$0.00	27.0%	7.0%	17.4%	29.9%	0.0%	11.3%	-0.9%	3.1K	-64.1K	-144	108.26	N/A	N/A	0	0	7	0
2026-03-10	$190.77	$0.00	25.9%	7.1%	15.9%	27.8%	0.0%	5.4%	-2.5%	2.5K	-64.4K	-143	106.81	N/A	N/A	0	0	7	0
2026-03-11	$189.41	$0.00	22.9%	6.6%	16.1%	22.0%	0.0%	10.4%	-0.3%	2.3K	-62.6K	-149	108.70	N/A	N/A	0	0	7	0
2026-03-12	$185.34	$0.00	24.7%	0.0%	17.4%	25.5%	0.0%	9.6%	-1.5%	2.1K	-59.1K	-136	64.61	N/A	N/A	0	0	7	0
2026-03-13	$183.24	$0.00	26.2%	0.0%	17.4%	28.4%	0.0%	10.6%	-0.7%	2.0K	-56.0K	-137	48.98	N/A	N/A	0	0	7	0
2026-03-16	$185.52	$0.00	25.0%	7.2%	17.7%	26.1%	0.0%	7.4%	-1.4%	2.1K	-57.2K	-141	51.32	N/A	N/A	0	0	7	0
2026-03-17	$185.94	$0.00	23.3%	6.4%	17.8%	22.9%	0.0%	5.8%	0.6%	2.2K	-59.3K	-139	51.68	N/A	N/A	0	0	7	0
2026-03-18	$184.95	$0.00	23.8%	6.3%	17.8%	23.8%	0.0%	6.2%	1.7%	2.1K	-57.6K	-130	50.69	N/A	N/A	0	0	7	0
2026-03-19	$183.31	$0.00	24.4%	6.0%	17.9%	25.0%	0.0%	2.1%	2.3%	2.6K	-53.0K	-135	41.61	N/A	N/A	1	0	7	0
2026-03-20	$178.15	$0.00	25.0%	6.5%	19.1%	26.1%	27.4%	10.4%	1.5%	2.9K	-55.8K	-160	44.66	N/A	N/A	0	1	8	0
2026-03-23	$182.87	$175.00	24.5%	7.3%	22.0%	25.2%	0.0%	7.6%	-2.0%	2.3K	-54.9K	-178	42.90	N/A	N/A	0	0	6	1
2026-03-24	$182.43	$175.00	27.4%	8.5%	21.7%	30.8%	0.0%	8.1%	-6.0%	2.5K	-51.3K	-173	41.25	N/A	N/A	0	0	6	1
2026-03-25	$184.26	$175.00	25.7%	7.4%	22.2%	27.5%	0.0%	6.6%	-2.1%	2.3K	-60.1K	-169	46.94	N/A	N/A	0	0	6	1
2026-03-26	$181.26	$175.00	28.6%	8.2%	22.1%	33.1%	0.0%	7.8%	-0.8%	2.2K	-52.4K	-173	39.85	N/A	N/A	1	0	6	1
2026-03-27	$177.77	$175.00	28.9%	8.3%	22.6%	33.6%	0.0%	10.0%	-2.8%	2.7K	-48.2K	-193	39.26	N/A	N/A	0	0	7	1
2026-03-30	$174.82	$175.00	31.9%	9.1%	22.9%	39.4%	0.0%	6.3%	-4.1%	2.4K	-42.6K	-175	30.41	N/A	N/A	0	0	7	1
2026-03-31	$180.84	$175.00	28.7%	8.2%	26.3%	33.3%	0.0%	6.3%	-3.8%	3.3K	-52.3K	-180	34.09	N/A	N/A	0	0	7	1