KXI Options History — July 2022

In July 2022, KXI traded between $57.70 and $60.31. ATM implied volatility averaged 24.5%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 8.5% (HV 20d: 16.0%). Max pain ranged from $59.00 to $59.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2022-07-01: Highest Volume — 7 contracts
2022-07-13: Largest IV drop — 68.5% change
2022-07-12: Highest IV Rank — 34.9%
2022-07-18: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$58.55	$57.70	$60.31	$58.42	$60.07
Max Pain	$59.00	$59.00	$59.00	$59.00	$59.00
ATM IV	24.5%	17.1%	54.2%	23.8%	19.8%
Expected Move	5.6%	4.9%	7.7%	6.8%	5.7%
HV 20d	16.0%	11.6%	20.7%	20.5%	12.2%
HV 60d	20.0%	19.6%	20.2%	20.2%	19.7%
IV Rank	9.6%	3.3%	34.9%	9.1%	5.6%
IV Percentile	65.0%	31.1%	98.4%	79.7%	48.6%
Term Structure	-1.8%	-4.5%	1.5%	-4.5%	-3.7%
VWIV	23.0%	23.0%	23.0%	23.0%	23.0%
Skew 25d	1.9%	1.3%	3.0%	2.4%	1.7%
Skew 10d	2.3%	1.6%	3.2%	1.6%	1.6%
Call IV 25d	21.3%	17.1%	30.6%	27.6%	22.5%
Put IV 25d	23.3%	18.8%	31.9%	30.0%	24.1%
Bid-Ask Spread %	131.60	121.55	144.80	129.18	134.18
Gamma HHI	0.49	0.37	0.64	0.55	0.57
Net GEX	1.1K	665	1.5K	665	1.1K
Net DEX	-8.2K	-11.6K	-5.2K	-5.2K	-11.6K
Net VEX	-61	-81	-17	-17	-81
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	1.75	1	7	7	1
Total OI	6.25	2	7	2	6

Daily Data (20 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	Call OI
2022-07-01	$58.42	$59.00	23.8%	6.8%	20.5%	9.1%	23.0%	2.4%	-4.5%	665	-5.2K	-17	129.18	N/A	N/A	7	2
2022-07-05	$57.95	$0.00	28.1%	5.3%	20.4%	12.7%	0.0%	2.8%	0.4%	1.2K	-7.5K	-55	128.79	N/A	N/A	2	7
2022-07-06	$58.37	$0.00	25.6%	5.0%	20.7%	10.6%	0.0%	1.7%	0.3%	1.4K	-8.7K	-62	127.48	N/A	N/A	2	7
2022-07-07	$58.23	$0.00	30.5%	5.4%	20.7%	14.8%	0.0%	2.2%	-1.2%	1.3K	-8.6K	-59	132.69	N/A	N/A	2	7
2022-07-08	$58.28	$0.00	31.4%	5.5%	20.3%	15.5%	0.0%	2.0%	-2.7%	1.4K	-8.7K	-60	132.30	N/A	N/A	2	7
2022-07-11	$57.90	$0.00	34.5%	4.9%	18.5%	18.2%	0.0%	1.4%	0.4%	1.4K	-7.8K	-59	126.26	N/A	N/A	2	7
2022-07-12	$57.90	$0.00	54.2%	5.1%	18.4%	34.9%	0.0%	1.6%	-2.3%	1.4K	-8.0K	-57	125.31	N/A	N/A	2	7
2022-07-13	$58.13	$0.00	17.1%	4.9%	15.6%	3.3%	0.0%	1.7%	0.1%	1.5K	-7.9K	-57	121.55	N/A	N/A	2	7
2022-07-14	$57.70	$0.00	19.8%	5.7%	15.1%	5.6%	0.0%	3.0%	1.5%	1.2K	-7.2K	-53	132.84	N/A	N/A	2	7
2022-07-15	$58.04	$0.00	21.6%	6.2%	15.0%	7.2%	0.0%	1.5%	-3.2%	1.3K	-9.9K	-66	138.61	N/A	N/A	2	7
2022-07-18	$57.77	$0.00	26.7%	7.7%	14.4%	11.5%	0.0%	1.3%	-0.7%	902	-7.3K	-62	144.80	N/A	N/A	1	6
2022-07-19	$58.72	$0.00	19.1%	5.5%	15.2%	5.1%	0.0%	2.0%	-2.7%	974	-9.0K	-71	133.98	N/A	N/A	1	6
2022-07-20	$58.03	$0.00	19.4%	5.6%	14.9%	5.3%	0.0%	1.5%	-2.2%	900	-5.6K	-52	130.16	N/A	N/A	1	6
2022-07-21	$58.55	$0.00	19.4%	5.6%	15.1%	5.3%	0.0%	2.7%	-2.5%	963	-8.2K	-69	134.01	N/A	N/A	1	6
2022-07-22	$58.73	$0.00	19.6%	5.6%	14.7%	5.4%	0.0%	1.4%	-2.5%	1.0K	-9.3K	-72	133.13	N/A	N/A	1	6
2022-07-25	$59.12	$0.00	20.9%	6.0%	12.4%	6.5%	0.0%	1.4%	-3.7%	996	-6.7K	-56	132.59	N/A	N/A	1	6
2022-07-26	$59.09	$0.00	20.1%	5.7%	12.4%	5.9%	0.0%	2.3%	-3.4%	1.0K	-7.1K	-59	132.94	N/A	N/A	1	6
2022-07-27	$59.66	$0.00	19.4%	5.5%	11.6%	5.3%	0.0%	2.2%	-0.4%	1.1K	-9.5K	-72	131.49	N/A	N/A	1	6
2022-07-28	$60.31	$0.00	18.6%	5.3%	12.1%	4.6%	0.0%	2.0%	-3.0%	1.2K	-10.8K	-76	129.61	N/A	N/A	1	6
2022-07-29	$60.07	$0.00	19.8%	5.7%	12.2%	5.6%	0.0%	1.7%	-3.7%	1.1K	-11.6K	-81	134.18	N/A	N/A	1	6