KXI Options History — March 2025

In March 2025, KXI traded between $62.45 and $64.68. ATM implied volatility averaged 17.0%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 6.3% (HV 20d: 10.8%). Max pain ranged from $64.00 to $64.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2025-03-11: Largest IV drop — 32.3% change
  • 2025-03-10: Highest IV Rank — 36.8%
  • 2025-03-13: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.55$62.45$64.68$64.58$64.23
Max Pain$64.00$64.00$64.00$64.00$64.00
ATM IV17.0%14.8%23.6%18.7%17.6%
Expected Move4.9%3.5%7.3%5.4%3.8%
HV 20d10.8%9.2%12.2%9.5%11.4%
HV 60d11.3%11.1%12.0%11.3%11.4%
IV Rank17.4%10.7%36.8%22.3%19.0%
IV Percentile49.3%26.2%84.9%64.7%59.1%
Term Structure-1.6%-10.8%4.8%-10.8%-3.4%
Skew 25d4.1%0.1%11.3%1.2%2.9%
Skew 10d-0.5%-9.0%5.5%5.5%-7.7%
Call IV 25d13.8%7.6%21.3%19.7%18.6%
Put IV 25d17.9%15.4%21.6%20.9%21.6%
Bid-Ask Spread %151.94144.96158.48145.42152.68
Gamma HHI0.650.501.000.511.00
Net GEX-111-660191155-660
Net DEX2.2K-8195.0K-7123.8K
Net VEX-9-15-4-15-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1.7141221

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$64.58$64.0018.7%5.4%9.5%22.3%0.0%1.2%-10.8%155-712-150.00145.42N/AN/A0011
2025-03-04$64.48$64.0020.0%5.7%9.6%26.1%0.0%0.1%-4.5%-2-490-140.00144.96N/AN/A0011
2025-03-05$64.60$64.0019.1%5.5%9.4%23.6%0.0%0.6%3.7%-5-687-140.00145.57N/AN/A0011
2025-03-06$64.63$64.0019.5%5.6%9.4%24.7%0.0%0.7%4.7%-6-732-140.00145.43N/AN/A0011
2025-03-07$64.68$64.0019.2%5.5%9.3%23.8%0.0%0.8%4.7%-20-819-130.00145.92N/AN/A0011
2025-03-10$64.57$64.0023.6%6.8%9.2%36.8%0.0%1.5%4.8%32-584-130.00145.16N/AN/A0011
2025-03-11$63.91$64.0016.0%6.9%10.2%14.2%0.0%0.9%-1.9%24586-120.00146.71N/AN/A0011
2025-03-12$63.00$64.0015.5%6.9%11.3%12.8%0.0%4.1%-1.1%302.3K-100.00149.20N/AN/A0011
2025-03-13$62.53$64.0015.9%7.3%11.6%14.0%0.0%3.2%-2.1%623.1K-80.00149.95N/AN/A0011
2025-03-14$62.78$64.0015.1%7.1%11.2%11.8%0.0%3.7%-0.9%882.9K-90.00149.54N/AN/A0011
2025-03-17$63.59$0.0014.8%3.5%11.9%10.7%0.0%3.5%-2.7%-81.6K-90.00157.57N/AN/A0011
2025-03-18$63.14$0.0015.7%3.9%12.2%13.4%0.0%5.2%-1.6%272.6K-70.00155.91N/AN/A0011
2025-03-19$63.05$0.0014.9%3.6%12.1%11.2%0.0%4.8%-1.8%902.9K-60.00156.71N/AN/A0011
2025-03-20$62.81$0.0015.4%3.7%12.1%12.6%0.0%3.0%-3.0%1303.3K-60.00155.94N/AN/A0011
2025-03-21$62.77$0.0015.3%3.6%11.6%12.4%0.0%10.2%-3.0%1912.9K-60.00156.94N/AN/A0011
2025-03-24$62.73$0.0015.3%3.7%11.4%12.3%0.0%9.7%-2.3%-4444.8K-50.00158.15N/AN/A0001
2025-03-25$62.45$0.0017.1%4.1%10.5%17.6%0.0%7.0%-2.7%-4045.0K-40.00158.48N/AN/A0001
2025-03-26$62.89$0.0015.8%3.7%10.4%13.7%0.0%11.3%-3.0%-4704.8K-50.00158.15N/AN/A0001
2025-03-27$63.62$0.0016.1%3.6%11.2%14.7%0.0%5.5%-3.1%-5814.3K-50.00157.67N/AN/A0001
2025-03-28$63.45$0.0017.2%3.8%11.0%17.9%0.0%6.5%-3.6%-5514.4K-50.00154.68N/AN/A0001
2025-03-31$64.23$0.0017.6%3.8%11.4%19.0%0.0%2.9%-3.4%-6603.8K-50.00152.68N/AN/A0001