KXI Options History — December 2021

In December 2021, KXI traded between $60.09 and $64.80. ATM implied volatility averaged 19.0%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 6.5% (HV 20d: 12.5%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.80.

Notable Days

2021-12-01: Highest Volume — 8 contracts
2021-12-15: Largest IV drop — 60.3% change
2021-12-14: Highest IV Rank — 22.7%
2021-12-03: Largest Expected Move — 6.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$63.00	$60.09	$64.80	$60.09	$64.80
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	19.0%	13.2%	34.5%	21.2%	15.3%
Expected Move	4.4%	3.6%	6.6%	6.1%	4.4%
HV 20d	12.5%	9.5%	14.2%	10.7%	9.5%
HV 60d	10.0%	9.3%	10.4%	9.3%	9.7%
IV Rank	10.5%	5.6%	22.7%	12.8%	7.3%
IV Percentile	65.7%	36.3%	96.0%	85.7%	53.0%
Term Structure	-2.1%	-6.5%	1.7%	-6.5%	-1.8%
VWIV	15.1%	7.9%	19.9%	17.3%	19.6%
Skew 25d	-1.4%	-9.2%	4.8%	3.1%	-0.2%
Skew 10d	1.2%	-8.8%	10.2%	2.9%	-0.0%
Call IV 25d	16.9%	14.1%	23.1%	22.2%	17.3%
Put IV 25d	15.5%	7.8%	27.9%	25.3%	17.1%
Bid-Ask Spread %	147.06	125.72	159.94	125.72	142.82
Gamma HHI	0.40	0.34	0.51	0.38	0.38
Net GEX	112	-853	2.0K	241	445
Net DEX	-12.6K	-27.4K	2.9K	2.9K	-26.2K
Net VEX	-83	-97	-62	-83	-62
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.60	1.00	0.60	1.00
Total Volume	7	6	8	8	6
Total OI	8.455	8	9	8	9

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-12-01	$60.09	$0.00	21.2%	6.1%	10.7%	12.8%	0.0%	3.1%	-6.5%	241	2.9K	-83	0.60	125.72	N/A	N/A	5	3	5	3
2021-12-02	$60.65	$0.00	22.0%	6.3%	10.5%	13.4%	0.0%	4.0%	-6.4%	275	1.2K	-87	0.60	131.09	N/A	N/A	5	3	5	3
2021-12-03	$60.90	$0.00	23.1%	6.6%	10.7%	14.3%	0.0%	4.8%	-4.9%	112	1.1K	-88	0.60	132.27	N/A	N/A	5	3	5	3
2021-12-06	$61.94	$62.00	22.7%	4.2%	12.3%	14.0%	17.3%	3.8%	1.7%	389	-3.9K	-90	0.60	147.32	N/A	N/A	5	3	5	3
2021-12-07	$62.29	$62.00	22.2%	4.0%	12.4%	13.5%	16.7%	3.3%	0.3%	384	-5.6K	-91	0.60	146.87	N/A	N/A	5	3	5	3
2021-12-08	$62.38	$62.00	22.7%	4.0%	12.4%	14.0%	17.2%	3.3%	0.9%	572	-5.7K	-88	0.60	148.80	N/A	N/A	5	3	5	3
2021-12-09	$62.49	$62.00	23.6%	4.1%	12.4%	14.7%	18.4%	2.9%	1.0%	665	-6.2K	-87	0.60	147.20	N/A	N/A	5	3	5	3
2021-12-10	$63.20	$62.00	25.0%	4.0%	13.1%	15.8%	16.3%	2.8%	0.9%	529	-9.4K	-87	0.60	147.59	N/A	N/A	5	3	5	3
2021-12-13	$63.07	$62.00	28.0%	3.6%	13.1%	17.4%	13.1%	-0.4%	-0.7%	-647	-9.9K	-86	0.60	144.45	N/A	N/A	5	3	5	3
2021-12-14	$62.74	$62.00	34.5%	3.8%	13.2%	22.7%	12.6%	-1.4%	-2.3%	-493	-8.2K	-88	0.60	150.74	N/A	N/A	5	3	5	3
2021-12-15	$63.23	$62.00	13.7%	3.9%	13.4%	6.0%	13.2%	-1.5%	-2.2%	-663	-11.1K	-85	0.60	152.06	N/A	N/A	5	3	5	3
2021-12-16	$63.80	$62.00	13.7%	3.9%	13.7%	6.0%	14.7%	-0.8%	-2.2%	-687	-14.5K	-80	1.00	150.56	N/A	N/A	3	3	5	3
2021-12-17	$63.29	$62.00	14.7%	4.2%	14.0%	6.8%	13.8%	-2.0%	-0.8%	-377	-16.0K	-97	1.00	150.94	N/A	N/A	3	3	6	3
2021-12-20	$63.06	$62.00	15.0%	4.3%	14.0%	7.1%	14.7%	-1.7%	-3.3%	-260	-14.0K	-96	1.00	150.11	N/A	N/A	3	3	6	3
2021-12-21	$63.09	$62.00	14.8%	4.2%	14.0%	6.8%	10.2%	-7.2%	-3.7%	-510	-14.7K	-95	1.00	149.86	N/A	N/A	3	3	6	3
2021-12-22	$63.53	$62.00	13.2%	3.8%	14.2%	5.6%	9.2%	-6.4%	-2.7%	-853	-18.3K	-87	1.00	147.23	N/A	N/A	3	3	6	3
2021-12-23	$63.68	$62.00	13.7%	3.9%	14.1%	5.9%	7.9%	-7.5%	-2.4%	-760	-19.8K	-84	1.00	154.97	N/A	N/A	3	3	6	3
2021-12-27	$64.09	$62.00	16.0%	4.6%	13.5%	7.8%	18.1%	-6.2%	-3.0%	211	-22.9K	-67	1.00	159.94	N/A	N/A	3	3	6	3
2021-12-28	$64.42	$62.00	14.6%	4.2%	13.6%	6.7%	16.6%	-9.2%	-2.8%	1.1K	-25.1K	-68	1.00	151.80	N/A	N/A	3	3	6	3
2021-12-29	$64.78	$62.00	14.0%	4.0%	9.8%	6.2%	18.1%	-7.0%	-3.0%	2.0K	-27.4K	-63	1.00	150.99	N/A	N/A	3	3	6	3
2021-12-30	$64.54	$62.00	14.7%	4.2%	9.7%	6.8%	19.9%	-6.4%	-2.6%	766	-24.3K	-76	1.00	152.02	N/A	N/A	3	3	6	3
2021-12-31	$64.80	$62.00	15.3%	4.4%	9.5%	7.3%	19.6%	-0.2%	-1.8%	445	-26.2K	-62	1.00	142.82	N/A	N/A	3	3	6	3