KXI Options History — July 2025

In July 2025, KXI traded between $63.98 and $66.00. ATM implied volatility averaged 19.9%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 10.2% (HV 20d: 9.7%). Max pain ranged from $68.00 to $68.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2025-07-18: Largest IV drop — 77.4% change
  • 2025-07-17: Highest IV Rank — 100.0%
  • 2025-07-10: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.12$63.98$66.00$65.96$63.98
Max Pain$68.00$68.00$68.00$68.00$68.00
ATM IV19.9%11.1%51.3%16.9%12.0%
Expected Move4.2%3.2%6.7%4.8%3.4%
HV 20d9.7%7.0%11.4%11.4%7.4%
HV 60d11.5%9.6%17.0%17.0%9.9%
IV Rank23.4%0.0%100.0%15.7%2.2%
IV Percentile41.8%0.0%100.0%48.0%4.0%
Term Structure-8.7%-12.5%-5.3%-5.5%-12.5%
Skew 25d1.5%0.3%2.1%1.7%1.4%
Skew 10d3.3%0.5%4.8%1.7%4.2%
Call IV 25d15.6%10.9%28.1%18.7%12.1%
Put IV 25d17.2%12.6%29.1%20.4%13.5%
Bid-Ask Spread %152.44150.07157.47150.07155.58
Gamma HHI1.001.001.001.001.00
Net GEX1.1K9191.3K1.2K919
Net DEX-5.8K-7.7K-3.5K-7.5K-3.5K
Net VEX-34-42-25-42-25
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$65.96$0.0016.9%4.8%11.4%15.7%0.0%1.7%-5.5%1.2K-7.5K-420.00150.07N/AN/A0030
2025-07-02$65.98$0.0017.0%4.9%11.4%15.9%0.0%1.6%-5.3%1.2K-7.4K-410.00150.53N/AN/A0030
2025-07-03$66.00$0.0017.0%4.9%11.4%16.0%0.0%1.7%-5.6%1.2K-7.7K-410.00150.72N/AN/A0030
2025-07-07$65.74$0.0019.9%5.7%10.8%24.0%0.0%0.9%-8.4%1.2K-7.3K-390.00150.75N/AN/A0030
2025-07-08$65.41$0.0021.9%6.3%10.9%29.5%0.0%1.3%-11.2%1.2K-6.6K-380.00151.24N/AN/A0030
2025-07-09$65.12$0.0020.8%6.0%11.0%26.4%0.0%0.3%-9.4%1.2K-6.0K-360.00153.04N/AN/A0030
2025-07-10$65.34$0.0023.3%6.7%11.1%33.1%0.0%1.1%-11.9%1.2K-6.3K-380.00152.11N/AN/A0030
2025-07-11$64.98$0.0022.9%6.6%11.2%32.3%0.0%1.0%-12.5%1.1K-5.7K-360.00151.56N/AN/A0030
2025-07-14$64.99$68.0029.0%3.2%10.8%48.8%0.0%1.7%0.0%1.2K-5.6K-350.00151.61N/AN/A0030
2025-07-15$64.48$68.0037.3%3.4%10.4%71.7%0.0%1.7%0.0%1.0K-4.7K-300.00153.72N/AN/A0030
2025-07-16$64.62$68.0041.5%3.3%10.0%83.2%0.0%1.5%0.0%1.0K-4.8K-310.00152.84N/AN/A0030
2025-07-17$64.91$68.0051.3%3.3%9.8%100.0%0.0%1.9%0.0%1.1K-5.4K-320.00150.98N/AN/A0030
2025-07-18$64.94$68.0011.6%3.3%9.8%1.1%0.0%1.6%0.0%1.1K-5.5K-340.00152.19N/AN/A0030
2025-07-21$65.09$68.0011.4%3.3%9.8%0.5%0.0%1.7%0.0%1.2K-5.6K-340.00154.65N/AN/A0030
2025-07-22$65.35$68.0011.9%3.4%9.0%2.0%0.0%2.1%0.0%1.2K-6.2K-350.00151.88N/AN/A0030
2025-07-23$65.56$68.0011.1%3.2%9.1%0.0%0.0%1.8%0.0%1.3K-6.5K-350.00151.06N/AN/A0030
2025-07-24$65.45$68.0012.0%3.4%7.0%2.1%0.0%1.9%0.0%1.2K-6.3K-350.00151.39N/AN/A0030
2025-07-25$65.30$68.0011.9%3.4%7.0%1.9%0.0%2.1%0.0%1.2K-5.9K-320.00151.52N/AN/A0030
2025-07-28$64.49$68.0011.9%3.4%8.2%2.0%0.0%1.6%0.0%1.1K-4.3K-280.00155.29N/AN/A0030
2025-07-29$64.70$68.0011.4%3.3%8.0%0.8%0.0%1.6%0.0%1.1K-4.3K-260.00153.55N/AN/A0030
2025-07-30$64.28$68.0012.9%3.7%7.3%4.4%0.0%1.5%0.0%995-4.0K-250.00157.47N/AN/A0030
2025-07-31$63.98$68.0012.0%3.4%7.4%2.2%0.0%1.4%0.0%919-3.5K-250.00155.58N/AN/A0030