KXI Options History — November 2023

In November 2023, KXI traded between $56.48 and $58.77. ATM implied volatility averaged 16.2%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 4.6% (HV 20d: 11.6%). Max pain ranged from $55.00 to $56.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2023-11-02: Largest IV spike — 65.5% change
  • 2023-11-06: Highest IV Rank — 42.5%
  • 2023-11-29: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.86$56.48$58.77$56.48$58.60
Max Pain$55.05$55.00$56.00$56.00$55.00
ATM IV16.2%11.3%24.4%11.4%19.1%
Expected Move4.2%3.2%5.7%3.3%5.5%
HV 20d11.6%8.4%13.3%12.8%9.2%
HV 60d11.1%10.9%11.4%10.9%10.9%
IV Rank20.6%7.6%42.5%7.9%28.4%
IV Percentile42.6%4.4%92.1%4.4%74.6%
Term Structure-3.8%-12.4%3.4%3.4%-5.0%
Skew 25d-0.3%-26.9%1.9%-26.9%1.8%
Skew 10d-1.0%-5.3%1.9%-4.4%1.5%
Call IV 25d16.6%10.9%46.1%46.1%19.6%
Put IV 25d16.3%11.4%21.4%19.2%21.4%
Bid-Ask Spread %136.45129.75149.14149.14134.21
Gamma HHI0.350.310.460.460.32
Net GEX-3.5K-7.9K-821-7.9K-967
Net DEX12.0K2.7K27.0K27.0K3.3K
Net VEX-51-103-26-103-26
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI18.95214222214

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$56.48$56.0011.4%3.3%12.8%7.9%0.0%-26.9%3.4%-7.9K27.0K-1030.00149.14N/AN/A00121
2023-11-02$57.18$55.0018.8%4.0%13.3%27.7%0.0%1.5%-2.3%-5.9K22.8K-980.00134.33N/AN/A00121
2023-11-03$57.48$55.0023.0%4.5%13.2%38.7%0.0%0.9%-2.6%-5.1K20.6K-890.00137.05N/AN/A00121
2023-11-06$57.45$55.0024.4%4.6%13.2%42.5%0.0%0.9%-2.5%-4.8K17.9K-730.00139.93N/AN/A00121
2023-11-07$57.52$55.0022.1%4.0%12.5%36.5%0.0%1.5%-4.7%-4.6K16.8K-670.00136.12N/AN/A00121
2023-11-08$57.33$55.0014.5%4.2%12.5%16.1%0.0%1.3%-1.9%-5.1K18.4K-690.00137.75N/AN/A00121
2023-11-09$57.23$55.0011.3%3.3%11.1%7.8%0.0%-0.0%-0.8%-5.8K17.9K-700.00132.47N/AN/A00121
2023-11-10$57.25$55.0014.0%4.0%11.1%14.9%0.0%1.1%-1.5%-5.2K18.8K-600.00137.70N/AN/A00121
2023-11-13$57.44$55.0014.8%4.2%10.8%17.0%0.0%1.9%-3.3%-5.2K15.3K-510.00132.60N/AN/A00121
2023-11-14$58.30$55.0014.5%4.1%11.8%16.1%0.0%1.6%-3.9%-3.6K12.5K-470.00136.01N/AN/A00121
2023-11-15$58.40$55.0011.4%3.3%11.8%8.0%0.0%0.7%-1.6%-3.4K9.6K-410.00129.75N/AN/A00121
2023-11-16$57.79$55.0014.7%4.2%12.2%16.8%0.0%0.7%-5.8%-4.1K14.7K-410.00136.34N/AN/A00121
2023-11-17$57.84$55.0011.3%3.2%12.1%7.6%0.0%0.3%-2.9%-4.3K12.7K-350.00134.12N/AN/A00121
2023-11-20$57.91$55.0015.2%4.4%12.1%18.1%0.0%1.3%-6.1%-1.1K4.6K-320.00137.29N/AN/A00113
2023-11-21$58.03$55.0011.7%3.4%12.0%8.8%0.0%0.4%-3.2%-1.1K4.2K-320.00134.68N/AN/A00113
2023-11-22$58.45$55.0017.2%4.9%12.2%23.3%0.0%1.3%-9.1%-8212.9K-270.00138.23N/AN/A00113
2023-11-24$58.67$55.0016.1%4.6%11.9%20.4%0.0%1.0%-4.3%-1.1K3.4K-300.00135.07N/AN/A00113
2023-11-27$58.68$55.0016.5%4.7%9.9%21.4%0.0%1.0%-4.7%-8922.7K-260.00136.98N/AN/A00113
2023-11-28$58.77$55.0017.2%4.9%8.4%23.4%0.0%0.9%-4.9%-9642.8K-270.00137.50N/AN/A00113
2023-11-29$58.31$55.0020.0%5.7%9.2%30.7%0.0%0.2%-12.4%-9873.8K-260.00138.14N/AN/A00113
2023-11-30$58.60$55.0019.1%5.5%9.2%28.4%0.0%1.8%-5.0%-9673.3K-260.00134.21N/AN/A00113