KXI Options History — March 2014

In March 2014, KXI traded between $41.98 and $43.19. ATM implied volatility averaged 10.5%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded above realized volatility by 1.2% (HV 20d: 9.2%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-05: Highest Volume — 20 contracts
  • 2014-03-13: Largest IV spike — 14.1% change
  • 2014-03-14: Highest IV Rank — 20.9%
  • 2014-03-14: Largest Expected Move — 3.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.47$41.98$43.19$42.05$43.19
Max Pain$41.00$41.00$41.00$41.00$41.00
ATM IV10.5%9.7%11.8%11.7%9.9%
Expected Move3.0%2.8%3.4%3.4%2.8%
HV 20d9.2%8.0%10.9%10.9%9.1%
HV 60d11.3%10.7%11.8%11.4%10.7%
IV Rank16.3%13.7%20.9%20.4%14.3%
IV Percentile36.5%19.3%69.6%63.6%23.1%
Term Structure0.5%-0.6%1.3%-0.6%0.7%
Skew 25d3.0%2.4%3.7%3.1%2.4%
Skew 10d6.4%4.4%9.7%8.2%6.5%
Call IV 25d9.5%8.8%10.7%10.7%9.1%
Put IV 25d12.5%11.3%13.8%13.8%11.5%
Bid-Ask Spread %46.1728.0593.7559.0467.91
Gamma HHI0.350.250.560.410.28
Net GEX11.9K-95832.7K9.7K4.5K
Net DEX-42.4K-87.6K-7.0K-31.1K-42.9K
Net VEX-607-706-503-503-572
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.85702020
Total OI102.857801228082

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$42.05$41.0011.7%3.4%10.9%20.4%0.0%3.1%-0.6%9.7K-31.1K-5030.0059.04N/AN/A025030
2014-03-04$42.66$41.0010.5%3.0%9.2%16.6%0.0%2.9%0.2%12.2K-69.0K-5110.0067.39N/AN/A005032
2014-03-05$42.70$41.0010.9%3.1%9.2%17.7%0.0%3.0%-0.2%13.2K-68.5K-5030.0055.80N/AN/A0205032
2014-03-06$42.81$41.0010.1%2.9%9.2%15.2%0.0%3.1%0.1%10.2K-63.1K-5940.0093.75N/AN/A005052
2014-03-07$42.74$41.0010.5%3.1%8.7%16.6%0.0%3.1%0.5%12.4K-63.7K-5850.0030.23N/AN/A2005052
2014-03-10$42.74$41.0010.7%3.1%8.0%17.3%0.0%3.3%0.4%20.6K-87.6K-7060.0028.05N/AN/A007052
2014-03-11$42.52$41.0010.4%3.0%8.4%16.0%0.0%3.2%0.5%19.0K-68.9K-6980.0030.90N/AN/A007052
2014-03-12$42.42$41.009.7%2.9%8.1%13.8%0.0%3.3%0.8%21.2K-60.8K-6920.0034.05N/AN/A1807052
2014-03-13$41.98$41.0011.1%3.2%9.0%18.4%0.0%3.7%0.4%13.7K-19.1K-6650.0036.88N/AN/A007052
2014-03-14$42.02$41.0011.8%3.4%8.9%20.9%0.0%3.2%-0.1%14.4K-25.9K-6760.0029.25N/AN/A007052
2014-03-17$42.23$41.0011.1%3.2%9.0%18.5%0.0%3.5%0.7%22.4K-41.6K-6430.0036.64N/AN/A007052
2014-03-18$42.44$41.009.9%2.8%9.1%14.4%0.0%3.0%0.9%32.7K-59.3K-6390.0033.82N/AN/A007052
2014-03-19$42.03$41.0010.8%3.1%9.7%17.5%0.0%3.2%0.5%17.5K-25.1K-6200.0046.35N/AN/A007052
2014-03-20$41.99$41.009.8%2.8%9.5%14.2%0.0%2.8%1.0%9.6K-17.8K-5880.0050.41N/AN/A007052
2014-03-21$42.11$41.009.7%2.8%9.6%13.7%0.0%2.5%1.3%7.2K-40.0K-6080.0053.83N/AN/A007052
2014-03-24$42.22$41.0010.9%3.1%9.2%17.7%0.0%2.5%0.3%-958-7.0K-5820.0039.55N/AN/A004042
2014-03-25$42.58$41.0010.1%2.9%9.7%15.1%0.0%3.3%0.7%1.8K-18.1K-5890.0039.56N/AN/A004042
2014-03-26$42.63$41.009.9%2.9%9.7%14.6%0.0%2.5%0.9%1.8K-21.5K-5810.0044.58N/AN/A004042
2014-03-27$42.80$41.0010.0%2.9%9.7%14.9%0.0%2.6%0.6%2.7K-26.8K-5890.0039.29N/AN/A004042
2014-03-28$42.96$41.0010.0%2.9%9.7%14.9%0.0%3.2%0.7%3.5K-33.3K-5950.0052.22N/AN/A004042
2014-03-31$43.19$41.009.9%2.8%9.1%14.3%0.0%2.4%0.7%4.5K-42.9K-5720.0067.91N/AN/A004042