KXI Options History — January 2024

In January 2024, KXI traded between $58.38 and $59.78. ATM implied volatility averaged 18.0%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 6.7% (HV 20d: 11.3%). Max pain ranged from $58.00 to $60.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2024-01-26: Largest IV spike — 201.0% change
  • 2024-01-26: Highest IV Rank — 100.0%
  • 2024-01-26: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.11$58.38$59.78$59.41$59.33
Max Pain$58.19$58.00$60.00$60.00$58.00
ATM IV18.0%14.4%44.2%17.2%19.6%
Expected Move4.8%3.8%12.7%4.9%5.6%
HV 20d11.3%6.7%14.3%14.1%8.3%
HV 60d11.4%10.6%12.1%12.1%10.6%
IV Rank28.2%18.1%100.0%26.1%32.4%
IV Percentile56.4%29.0%100.0%63.5%80.6%
Term Structure-4.0%-28.1%-0.2%-0.7%-7.3%
Skew 25d-0.6%-30.8%1.9%1.9%0.2%
Skew 10d0.6%-10.6%1.6%1.2%1.0%
Call IV 25d19.1%14.5%59.4%17.7%21.7%
Put IV 25d18.5%15.5%28.6%19.6%21.9%
Bid-Ask Spread %138.41134.29143.73135.16138.33
Gamma HHI0.740.541.000.561.00
Net GEX1.2K7022.0K7861.7K
Net DEX-14.1K-18.7K-10.4K-18.7K-16.7K
Net VEX-25-34-16-16-17
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI4.6194554

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$59.41$60.0017.2%4.9%14.1%26.1%0.0%1.9%-0.7%786-18.7K-160.00135.16N/AN/A0041
2024-01-03$59.25$60.0019.6%5.6%14.2%32.7%0.0%1.2%-5.5%880-13.2K-340.00137.29N/AN/A0041
2024-01-04$59.22$58.0018.2%3.9%14.0%28.8%0.0%1.0%-0.4%872-13.0K-330.00140.26N/AN/A0041
2024-01-05$58.96$58.0017.9%3.8%14.0%27.8%0.0%0.7%-2.4%830-11.7K-320.00137.06N/AN/A0041
2024-01-08$59.50$58.0022.0%3.9%14.3%39.4%0.0%0.9%-0.2%726-14.2K-290.00138.42N/AN/A0041
2024-01-09$59.37$58.0020.6%3.9%14.2%35.5%0.0%0.8%-1.0%802-13.6K-290.00138.97N/AN/A0041
2024-01-10$59.39$58.0015.0%4.3%14.2%19.8%0.0%1.1%-3.4%839-13.7K-290.00139.17N/AN/A0041
2024-01-11$59.34$58.0015.2%4.4%14.2%20.4%0.0%1.0%-3.2%832-13.4K-290.00139.97N/AN/A0041
2024-01-12$59.50$58.0015.0%4.3%13.2%19.9%0.0%0.6%-3.6%702-14.0K-270.00139.47N/AN/A0041
2024-01-16$58.97$58.0014.5%4.2%13.3%18.6%0.0%0.5%-3.0%1.1K-11.8K-270.00139.27N/AN/A0041
2024-01-17$58.80$58.0014.4%4.1%13.3%18.3%0.0%1.0%-3.2%1.2K-11.2K-270.00138.32N/AN/A0041
2024-01-18$58.73$58.0014.5%4.2%13.0%18.5%0.0%1.4%-1.6%1.3K-11.0K-260.00137.28N/AN/A0041
2024-01-19$58.66$58.0014.4%4.1%12.9%18.1%0.0%0.7%-1.7%1.2K-10.4K-250.00137.19N/AN/A0041
2024-01-22$58.47$58.0017.1%4.9%6.7%25.7%0.0%0.9%-3.2%1.8K-14.0K-240.00139.39N/AN/A0040
2024-01-23$58.80$58.0015.1%4.3%6.7%20.1%0.0%1.3%-2.8%1.8K-15.2K-230.00138.44N/AN/A0040
2024-01-24$58.38$58.0017.0%4.9%6.9%25.5%0.0%0.4%-4.3%1.8K-13.7K-230.00138.48N/AN/A0040
2024-01-25$58.71$58.0014.7%4.2%7.0%19.0%0.0%0.9%-1.9%2.0K-15.2K-220.00134.29N/AN/A0040
2024-01-26$59.25$58.0044.2%12.7%7.6%100.0%0.0%-30.8%-28.1%923-14.6K-220.00143.73N/AN/A0040
2024-01-29$59.58$58.0016.2%4.6%7.8%23.0%0.0%1.2%-4.0%1.7K-17.8K-170.00138.68N/AN/A0040
2024-01-30$59.78$58.0016.2%4.6%7.9%23.0%0.0%1.0%-3.3%1.6K-18.4K-160.00137.47N/AN/A0040
2024-01-31$59.33$58.0019.6%5.6%8.3%32.4%0.0%0.2%-7.3%1.7K-16.7K-170.00138.33N/AN/A0040