KXI Options History — March 2023

In March 2023, KXI traded between $58.32 and $61.86. ATM implied volatility averaged 19.4%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 8.4% (HV 20d: 10.9%). Max pain ranged from $57.00 to $57.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days.

Notable Days

  • 2023-03-13: Largest IV spike — 89.1% change
  • 2023-03-14: Highest IV Rank — 74.2%
  • 2023-03-01: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.66$58.32$61.86$58.66$61.86
Max Pain$57.00$57.00$57.00$57.00$57.00
ATM IV19.4%8.5%43.9%19.3%8.5%
Expected Move4.5%2.4%5.5%5.5%2.4%
HV 20d10.9%9.8%12.0%10.9%11.1%
HV 60d11.8%11.3%12.1%11.8%11.9%
IV Rank14.9%0.0%74.2%12.7%0.0%
IV Percentile28.3%0.0%98.4%29.4%0.0%
Term Structure-1.4%-5.3%7.6%-5.2%3.3%
Skew 25d3.9%-8.6%10.3%-3.7%0.8%
Skew 10d0.6%-8.7%2.8%1.3%-8.7%
Call IV 25d13.4%7.1%21.5%19.6%16.3%
Put IV 25d17.3%12.9%21.0%15.8%17.1%
Bid-Ask Spread %129.46125.89135.33127.92130.83
Gamma HHI0.470.400.700.410.70
Net GEX4.0K2.8K6.7K3.0K6.7K
Net DEX-24.7K-40.6K-18.3K-19.8K-40.6K
Net VEX-79-90-68-90-68
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1010101010

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$58.66$0.0019.3%5.5%10.9%12.7%0.0%-3.7%-5.2%3.0K-19.8K-900.00127.92N/AN/A00100
2023-03-02$59.31$0.0018.7%5.4%10.8%11.3%0.0%-7.6%-5.3%3.7K-21.3K-840.00129.61N/AN/A00100
2023-03-03$59.51$0.0018.7%5.3%10.1%11.1%0.0%-8.6%-5.2%3.9K-23.0K-830.00128.97N/AN/A00100
2023-03-06$59.37$57.0021.6%4.0%9.9%18.3%0.0%8.5%-2.3%3.4K-24.1K-900.00130.51N/AN/A00100
2023-03-07$58.70$57.0022.8%4.0%10.7%21.5%0.0%3.9%-1.4%3.1K-19.6K-830.00131.03N/AN/A00100
2023-03-08$58.81$57.0023.4%4.0%10.7%22.9%0.0%5.0%-0.9%3.1K-20.0K-850.00129.71N/AN/A00100
2023-03-09$58.52$57.0022.9%3.9%10.7%21.7%0.0%0.8%-1.5%3.0K-18.6K-790.00125.89N/AN/A00100
2023-03-10$58.32$57.0021.2%4.6%10.7%17.4%0.0%2.1%-1.8%2.8K-18.3K-810.00129.29N/AN/A00100
2023-03-13$58.84$57.0040.0%5.1%11.1%64.6%0.0%9.5%-1.9%2.8K-21.5K-840.00128.09N/AN/A00100
2023-03-14$58.95$57.0043.9%5.2%9.9%74.2%0.0%10.3%-3.5%2.8K-22.7K-870.00135.33N/AN/A00100
2023-03-15$58.86$57.0016.8%4.8%9.8%6.5%0.0%7.4%-1.3%3.0K-20.9K-800.00129.13N/AN/A00100
2023-03-16$59.50$57.0016.0%4.6%10.7%4.4%0.0%3.4%7.6%3.7K-21.8K-770.00126.78N/AN/A00100
2023-03-17$59.02$57.0016.4%4.7%10.8%5.5%0.0%6.4%-1.7%3.1K-21.1K-790.00128.23N/AN/A00100
2023-03-20$59.80$57.0013.2%3.8%11.3%0.0%0.0%4.8%1.0%4.0K-23.2K-740.00127.24N/AN/A00100
2023-03-21$59.94$57.0015.6%4.5%11.3%5.7%0.0%6.7%-2.0%3.7K-25.9K-820.00128.44N/AN/A00100
2023-03-22$60.09$57.0015.8%4.5%11.3%6.3%0.0%5.8%-2.5%3.8K-27.3K-800.00129.59N/AN/A00100
2023-03-23$59.61$57.0016.7%4.8%11.7%8.5%0.0%10.0%-1.8%3.4K-24.0K-790.00130.38N/AN/A00100
2023-03-24$60.36$57.0015.9%4.5%11.9%6.5%0.0%6.4%-1.5%4.5K-26.6K-740.00128.50N/AN/A00100
2023-03-27$60.73$57.0016.1%4.6%12.0%7.0%0.0%6.2%-2.7%5.3K-28.9K-720.00130.41N/AN/A00100
2023-03-28$60.75$57.0016.4%4.7%11.4%7.9%0.0%7.1%-2.5%5.4K-28.9K-710.00130.02N/AN/A00100
2023-03-29$61.21$57.0016.7%4.8%11.4%8.5%0.0%4.5%-2.9%6.1K-33.3K-700.00131.34N/AN/A00100
2023-03-30$61.52$57.009.1%2.6%11.0%0.0%0.0%-0.4%3.1%6.4K-36.6K-690.00130.26N/AN/A00100
2023-03-31$61.86$57.008.5%2.4%11.1%0.0%0.0%0.8%3.3%6.7K-40.6K-680.00130.83N/AN/A00100