KXI Options History — August 2014

In August 2014, KXI traded between $43.38 and $44.84. ATM implied volatility averaged 9.8%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 0.4% (HV 20d: 9.5%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days.

Notable Days

  • 2014-08-01: Highest Volume — 2 contracts
  • 2014-08-14: Largest IV spike — 34.1% change
  • 2014-08-07: Highest IV Rank — 26.3%
  • 2014-08-07: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.21$43.38$44.84$43.49$44.67
ATM IV9.8%7.6%13.2%12.6%8.9%
Expected Move3.5%3.2%4.0%3.8%3.4%
HV 20d9.5%6.3%10.1%9.5%6.4%
HV 60d8.3%8.1%8.4%8.1%8.4%
IV Rank15.2%7.9%26.3%24.4%12.1%
IV Percentile37.5%5.6%91.7%86.9%18.7%
Term Structure0.9%-0.1%2.4%-0.1%1.1%
Skew 25d4.6%2.5%6.7%4.0%2.5%
Skew 10d5.5%1.3%11.9%5.4%1.8%
Call IV 25d7.5%5.4%10.5%9.9%6.7%
Put IV 25d12.1%8.9%15.9%14.0%9.2%
Bid-Ask Spread %43.0533.2547.5347.5340.54
Gamma HHI0.540.360.690.410.67
Net GEX9.2K1.1K17.1K2.4K14.9K
Net DEX-3.1K-33.3K30.9K21.8K-20.3K
Net VEX-490-542-436-541-436
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950220
Total OI93.90592949294

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$43.49$0.0012.6%3.8%9.5%24.4%0.0%4.0%-0.1%2.4K21.8K-5410.0047.53N/AN/A024844
2014-08-04$43.57$0.0011.0%3.6%9.6%19.1%0.0%4.7%0.7%1.4K26.5K-5200.0046.50N/AN/A004846
2014-08-05$43.42$0.0012.0%3.8%9.6%22.5%0.0%5.4%0.8%1.1K30.9K-5350.0045.85N/AN/A004846
2014-08-06$43.63$0.0012.0%3.9%9.6%22.5%0.0%6.4%-0.1%2.3K24.0K-5420.0043.84N/AN/A004846
2014-08-07$43.38$0.0013.2%4.0%9.6%26.3%0.0%5.4%0.3%1.1K27.7K-5190.0039.19N/AN/A004846
2014-08-08$43.63$0.0012.2%3.8%9.9%23.1%0.0%6.7%0.8%2.2K23.2K-5100.0045.54N/AN/A004846
2014-08-11$43.95$0.0010.3%3.7%10.1%16.7%0.0%4.5%1.1%5.4K6.2K-5090.0046.24N/AN/A004846
2014-08-12$43.90$0.0010.2%3.8%9.8%16.4%0.0%6.0%1.2%4.5K11.0K-5000.0044.43N/AN/A004846
2014-08-13$44.05$0.007.7%3.6%9.8%8.4%0.0%6.1%1.6%6.7K1.9K-4870.0043.39N/AN/A004846
2014-08-14$44.23$0.0010.3%3.6%9.9%17.0%0.0%6.4%1.7%8.2K-3.8K-4990.0046.48N/AN/A004846
2014-08-15$44.31$0.009.1%3.4%9.5%12.9%0.0%4.2%2.4%8.9K-4.6K-4980.0036.26N/AN/A004846
2014-08-18$44.62$0.009.2%3.4%9.8%13.1%0.0%5.3%0.4%13.4K-20.5K-5000.0033.25N/AN/A004846
2014-08-19$44.69$0.009.1%3.3%9.8%13.0%0.0%4.4%0.8%14.8K-26.5K-5010.0041.98N/AN/A004846
2014-08-20$44.59$0.008.8%3.3%9.8%11.8%0.0%4.3%0.8%13.5K-18.7K-4730.0046.57N/AN/A004846
2014-08-21$44.73$0.008.9%3.4%9.9%12.2%0.0%4.3%0.4%15.1K-24.3K-4700.0044.31N/AN/A004846
2014-08-22$44.50$0.008.5%3.3%9.7%10.8%0.0%2.9%1.1%11.9K-14.0K-4550.0042.58N/AN/A004846
2014-08-25$44.84$0.007.6%3.2%10.1%7.9%0.0%3.5%0.9%17.1K-27.7K-4630.0044.75N/AN/A004846
2014-08-26$44.80$0.008.1%3.2%10.1%9.6%0.0%3.3%1.0%16.2K-33.3K-4610.0040.89N/AN/A004846
2014-08-27$44.76$0.007.6%3.2%9.6%7.9%0.0%2.6%1.3%15.8K-24.2K-4450.0042.77N/AN/A004846
2014-08-28$44.73$0.008.7%3.4%6.3%11.6%0.0%3.5%1.0%15.6K-21.1K-4360.0041.09N/AN/A004846
2014-08-29$44.67$0.008.9%3.4%6.4%12.1%0.0%2.5%1.1%14.9K-20.3K-4360.0040.54N/AN/A004846