KXI Options History — January 2023

In January 2023, KXI traded between $59.44 and $61.09. ATM implied volatility averaged 19.1%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 5.9% (HV 20d: 13.2%). Max pain ranged from $58.00 to $58.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-13: Highest Volume — 5 contracts
  • 2023-01-11: Largest IV drop — 43.0% change
  • 2023-01-10: Highest IV Rank — 32.2%
  • 2023-01-04: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.16$59.44$61.09$59.44$60.30
Max Pain$58.00$58.00$58.00$58.00$58.00
ATM IV19.1%14.2%26.9%22.2%18.5%
Expected Move5.1%4.0%6.5%6.4%5.3%
HV 20d13.2%10.7%14.2%11.4%13.0%
HV 60d14.2%13.6%14.8%14.5%13.6%
IV Rank12.8%0.7%32.2%20.5%11.2%
IV Percentile27.9%0.4%83.7%57.5%21.4%
Term Structure-3.4%-9.0%1.3%-3.7%-4.2%
Skew 25d0.4%-3.0%6.1%-3.0%0.8%
Skew 10d-0.9%-15.3%2.0%-12.4%1.4%
Call IV 25d19.3%11.1%26.1%25.6%20.8%
Put IV 25d19.7%16.7%25.8%22.6%21.6%
Bid-Ask Spread %132.01125.42139.95130.14128.68
Gamma HHI0.340.240.490.250.49
Net GEX2.1K1043.7K1483.6K
Net DEX-24.0K-37.7K-13.1K-13.1K-30.6K
Net VEX-106-133-74-98-117
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.250500
Total OI14.910211610

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$59.44$58.0022.2%6.4%11.4%20.5%0.0%-3.0%-3.7%148-13.1K-980.00130.14N/AN/A00106
2023-01-04$59.74$58.0022.7%6.5%10.7%21.8%0.0%-0.3%-6.1%401-14.8K-960.00129.31N/AN/A00106
2023-01-05$59.50$0.0020.4%4.5%10.7%16.1%0.0%1.7%-1.4%104-13.6K-900.00128.68N/AN/A00106
2023-01-06$60.88$0.0018.6%4.0%13.7%11.6%0.0%2.2%1.3%1.3K-19.4K-840.00125.42N/AN/A00106
2023-01-09$60.56$0.0023.7%4.8%13.8%24.1%0.0%0.5%-2.9%1.1K-19.2K-860.00133.23N/AN/A00106
2023-01-10$60.39$0.0026.9%5.2%13.8%32.2%0.0%1.4%-3.7%981-18.6K-870.00136.82N/AN/A00106
2023-01-11$60.59$0.0015.3%4.4%13.8%3.4%0.0%6.1%-1.6%1.1K-18.5K-780.00130.49N/AN/A00106
2023-01-12$60.51$0.0016.7%4.8%13.7%6.8%0.0%1.0%-2.7%1.1K-18.8K-830.00137.60N/AN/A00106
2023-01-13$60.89$0.0014.2%4.1%13.9%0.7%0.0%1.3%-2.0%1.4K-20.9K-740.00132.28N/AN/A50106
2023-01-17$61.09$0.0017.6%5.0%11.7%9.0%0.0%0.2%-4.1%3.7K-37.7K-1330.00136.33N/AN/A00156
2023-01-18$59.78$0.0018.2%5.2%14.2%10.6%0.0%1.0%-3.8%2.3K-26.3K-1300.00136.62N/AN/A00156
2023-01-19$59.78$0.0018.7%5.4%14.2%11.8%0.0%-0.4%-3.0%2.3K-26.3K-1270.00137.52N/AN/A00156
2023-01-20$59.91$0.0019.0%5.5%14.2%12.6%0.0%-0.8%-4.5%2.6K-28.4K-1250.00137.00N/AN/A00156
2023-01-23$60.04$0.0019.1%5.5%13.9%12.8%0.0%-1.8%-3.6%3.3K-30.2K-1230.00139.95N/AN/A00100
2023-01-24$60.13$0.0017.2%4.9%13.7%8.1%0.0%0.2%-3.0%3.3K-30.3K-1220.00132.33N/AN/A00100
2023-01-25$60.30$0.0020.2%5.8%13.7%15.6%0.0%0.9%-9.0%3.4K-31.0K-1200.00125.81N/AN/A00100
2023-01-26$59.91$0.0017.4%5.0%13.8%8.6%0.0%-0.9%-2.8%3.5K-28.5K-1190.00129.09N/AN/A00100
2023-01-27$59.81$0.0017.2%4.9%13.1%8.0%0.0%-0.5%-2.8%3.3K-26.6K-1170.00126.26N/AN/A00100
2023-01-30$59.75$0.0018.3%5.3%12.9%10.9%0.0%-0.9%-4.0%3.5K-27.2K-1170.00126.64N/AN/A00100
2023-01-31$60.30$0.0018.5%5.3%13.0%11.2%0.0%0.8%-4.2%3.6K-30.6K-1170.00128.68N/AN/A00100