KXI Options History — February 2014

In February 2014, KXI traded between $39.84 and $42.45. ATM implied volatility averaged 10.9%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded below realized volatility by 2.5% (HV 20d: 13.4%). Max pain ranged from $41.00 to $43.50. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-02-26: Highest Volume — 8 contracts
  • 2014-02-18: Largest IV spike — 83.0% change
  • 2014-02-18: Highest IV Rank — 40.4%
  • 2014-02-18: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.50$39.84$42.45$39.84$42.45
Max Pain$41.53$41.00$43.50$43.50$41.00
ATM IV10.9%7.5%17.7%13.8%9.9%
Expected Move3.2%2.7%5.1%4.0%2.8%
HV 20d13.4%10.6%14.7%12.4%10.6%
HV 60d11.0%10.4%11.3%10.6%11.2%
IV Rank17.9%6.7%40.4%27.5%14.4%
IV Percentile41.2%1.4%94.8%89.5%24.2%
Term Structure0.7%-0.5%2.9%0.0%0.2%
VWIV10.8%9.5%12.4%10.6%9.5%
Skew 25d2.9%0.8%4.8%2.7%2.3%
Skew 10d2.4%-28.0%10.5%-6.4%6.7%
Call IV 25d10.3%7.1%29.5%11.1%9.3%
Put IV 25d13.2%11.2%30.3%13.8%11.6%
Bid-Ask Spread %81.9043.55135.8499.7863.66
Gamma HHI0.340.220.560.270.45
Net GEX-7.9K-52.5K13.6K-4.9K13.6K
Net DEX78.0K-60.9K175.6K174.3K-60.9K
Net VEX-535-601-474-481-514
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.8420800
Total OI99.3687211010680

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$39.84$43.5013.8%4.0%12.4%27.5%0.0%2.7%0.0%-4.9K174.3K-4810.0099.78N/AN/A004462
2014-02-04$40.06$43.5011.9%3.4%12.8%21.2%0.0%2.8%0.6%-5.0K175.6K-4740.00105.64N/AN/A004462
2014-02-05$40.20$43.5012.5%3.6%12.8%23.0%0.0%4.8%0.5%-5.4K173.0K-4820.0072.70N/AN/A004462
2014-02-06$40.69$43.5011.8%3.4%13.7%20.7%0.0%3.9%-0.1%-7.4K156.9K-5280.0099.36N/AN/A004462
2014-02-07$41.16$41.0010.0%3.1%14.5%14.7%0.0%2.0%1.5%-9.9K141.4K-5520.0092.22N/AN/A004462
2014-02-10$41.27$41.007.5%2.7%14.4%6.7%0.0%1.8%2.9%-11.3K134.7K-5440.0097.49N/AN/A004462
2014-02-11$41.63$41.009.6%3.0%14.7%13.4%10.6%2.6%0.8%-14.3K110.7K-5740.0097.32N/AN/A404462
2014-02-12$41.54$41.009.3%3.0%14.4%12.5%0.0%4.5%1.7%-12.0K108.5K-5910.00101.85N/AN/A004862
2014-02-13$41.63$41.0010.5%3.0%14.4%16.3%0.0%3.2%1.0%-13.3K99.4K-5930.0093.35N/AN/A004862
2014-02-14$41.84$41.009.7%2.8%14.5%13.7%0.0%3.3%0.9%-16.5K77.1K-6010.00100.61N/AN/A004862
2014-02-18$41.81$41.0017.7%5.1%14.4%40.4%0.0%0.8%0.3%-3.2K53.0K-5980.00135.84N/AN/A004862
2014-02-19$41.69$41.0011.1%3.2%14.1%18.5%0.0%2.3%0.4%-19.4K102.3K-5430.0076.91N/AN/A004862
2014-02-20$41.93$41.0010.5%3.0%14.2%16.4%0.0%2.8%0.7%-52.5K77.6K-5420.0043.55N/AN/A004862
2014-02-21$41.87$41.0010.5%3.0%14.0%16.3%0.0%2.9%0.7%-18.0K84.5K-5280.0053.12N/AN/A004862
2014-02-24$42.19$41.0010.9%3.1%12.7%17.7%12.4%3.2%-0.5%5.7K-28.6K-5080.0051.36N/AN/A404230
2014-02-25$42.17$41.0010.7%3.1%12.7%17.1%0.0%3.0%-0.1%6.2K-25.5K-4980.0054.51N/AN/A004230
2014-02-26$42.19$41.0010.3%2.9%12.6%15.7%9.5%2.9%0.4%5.9K-25.2K-4830.0059.82N/AN/A804230
2014-02-27$42.30$41.009.4%2.7%10.6%12.9%0.0%3.3%0.6%12.0K-47.4K-5280.0056.95N/AN/A005030
2014-02-28$42.45$41.009.9%2.8%10.6%14.4%0.0%2.3%0.2%13.6K-60.9K-5140.0063.66N/AN/A005030