KXI Options History — May 2023

In May 2023, KXI traded between $60.06 and $64.58. ATM implied volatility averaged 17.5%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 10.0% (HV 20d: 7.5%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2023-05-03: Highest Volume — 3 contracts
  • 2023-05-10: Largest IV drop — 26.1% change
  • 2023-05-30: Highest IV Rank — 27.7%
  • 2023-05-30: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.00$60.06$64.58$64.58$60.14
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV17.5%14.8%21.2%15.2%20.8%
Expected Move4.8%4.2%6.1%4.4%6.0%
HV 20d7.5%6.6%9.3%6.7%9.3%
HV 60d9.4%9.1%10.0%9.5%10.0%
IV Rank19.6%13.7%27.7%14.6%26.9%
IV Percentile26.4%6.7%57.9%9.1%55.6%
Term Structure-3.5%-5.8%-2.2%-3.0%-5.8%
Skew 25d2.4%0.7%3.1%0.7%2.6%
Skew 10d1.2%-0.9%2.2%-0.9%0.4%
Call IV 25d17.1%14.1%21.9%18.1%21.9%
Put IV 25d19.4%16.0%24.5%18.8%24.5%
Bid-Ask Spread %134.40128.37137.94129.65135.29
Gamma HHI0.600.491.001.000.49
Net GEX207-3461.2K445793
Net DEX-1.2K-17.0K8.8K-17.0K8.8K
Net VEX-51-65-18-18-49
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1820300
Total OI6.3184747

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$64.58$60.0015.2%4.4%6.7%14.6%0.0%0.7%-3.0%445-17.0K-180.00129.65N/AN/A0031
2023-05-02$64.27$60.0016.2%4.6%6.7%16.8%0.0%1.2%-2.2%478-16.4K-200.00128.37N/AN/A0031
2023-05-03$64.23$60.0016.7%4.8%6.6%17.9%0.0%0.7%-3.6%481-16.3K-210.00128.95N/AN/A0331
2023-05-04$63.90$0.0017.8%4.3%6.7%20.4%0.0%1.5%-2.5%-214-1.5K-640.00136.67N/AN/A0034
2023-05-05$64.43$0.0017.8%4.2%7.2%20.2%0.0%3.0%-2.5%-281-2.7K-610.00134.79N/AN/A0034
2023-05-08$64.36$0.0019.8%4.3%7.1%24.7%0.0%2.6%-2.9%-346-3.4K-650.00134.90N/AN/A0034
2023-05-09$64.16$0.0020.0%4.2%7.2%25.1%0.0%3.0%-2.6%-233-2.0K-590.00135.00N/AN/A0034
2023-05-10$63.80$0.0014.8%4.2%7.6%13.7%0.0%2.4%-2.2%-148-1.2K-610.00135.02N/AN/A0034
2023-05-11$63.76$0.0014.8%4.2%7.4%13.8%0.0%3.1%-2.4%-165-1.0K-620.00134.83N/AN/A0034
2023-05-12$63.77$0.0015.3%4.4%7.2%14.9%0.0%3.0%-2.9%-159-1.1K-610.00135.56N/AN/A0034
2023-05-15$63.86$0.0015.2%4.4%7.1%14.6%0.0%2.3%-2.5%-151-1.2K-570.00135.19N/AN/A0034
2023-05-16$63.47$0.0016.2%4.6%7.4%16.7%0.0%2.5%-3.6%-163-1.1K-610.00134.71N/AN/A0034
2023-05-17$63.19$0.0016.4%4.7%7.6%17.4%0.0%2.2%-3.7%-9259-580.00135.21N/AN/A0034
2023-05-18$62.80$0.0016.4%4.7%7.9%17.2%0.0%2.4%-3.3%271.8K-520.00137.94N/AN/A0034
2023-05-19$63.00$0.0016.5%4.7%7.1%17.5%0.0%2.5%-3.5%191.1K-550.00135.96N/AN/A0034
2023-05-22$62.42$0.0017.9%5.1%7.5%20.5%0.0%2.3%-4.5%3521.1K-570.00135.05N/AN/A0033
2023-05-23$61.97$0.0018.1%5.2%7.7%21.0%0.0%2.9%-4.2%5462.9K-510.00134.44N/AN/A0033
2023-05-24$61.52$0.0019.6%5.6%7.9%24.3%0.0%2.9%-4.7%6354.0K-530.00134.68N/AN/A0033
2023-05-25$61.04$0.0019.2%5.5%7.2%23.4%0.0%3.1%-5.4%7305.3K-470.00135.09N/AN/A0033
2023-05-26$61.22$0.0018.8%5.4%7.4%22.4%0.0%3.1%-4.7%7355.0K-480.00134.10N/AN/A0033
2023-05-30$60.06$0.0021.2%6.1%9.2%27.7%0.0%1.9%-5.2%1.2K7.8K-440.00135.29N/AN/A0133
2023-05-31$60.14$0.0020.8%6.0%9.3%26.9%0.0%2.6%-5.8%7938.8K-490.00135.29N/AN/A0034