KXI Options History — September 2025

In September 2025, KXI traded between $63.89 and $65.94. ATM implied volatility averaged 15.0%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 5.2% (HV 20d: 9.8%). Max pain ranged from $68.00 to $68.00. Net GEX was positive for 21 of 21 trading days.

Notable Days

  • 2025-09-30: Largest IV spike — 11.8% change
  • 2025-09-30: Highest IV Rank — 18.9%
  • 2025-09-30: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.03$63.89$65.94$65.40$64.27
Max Pain$68.00$68.00$68.00$68.00$68.00
ATM IV15.0%13.1%18.7%13.7%18.7%
Expected Move4.3%3.8%5.4%3.9%5.4%
HV 20d9.8%7.9%11.2%11.2%8.3%
HV 60d9.6%9.1%10.0%10.0%9.2%
IV Rank9.7%5.0%18.9%6.4%18.9%
IV Percentile30.3%12.7%61.5%14.7%61.5%
Skew 25d1.2%-0.1%2.3%1.7%1.2%
Skew 10d3.7%0.8%5.4%4.8%1.9%
Call IV 25d16.0%13.2%20.1%13.5%20.1%
Put IV 25d17.2%15.0%21.2%15.2%21.2%
Bid-Ask Spread %156.48151.78160.72153.66160.03
Gamma HHI1.001.001.001.001.00
Net GEX1.1K7091.4K1.3K842
Net DEX-4.0K-6.0K-1.7K-4.9K-2.2K
Net VEX-16-23-8-21-8
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$65.40$68.0013.7%3.9%11.2%6.4%0.0%1.7%0.0%1.3K-4.9K-210.00153.66N/AN/A0030
2025-09-03$65.48$68.0014.0%4.0%11.2%7.1%0.0%2.3%0.0%1.3K-5.0K-230.00154.45N/AN/A0030
2025-09-04$65.72$68.0013.1%3.8%10.1%5.0%0.0%1.6%0.0%1.4K-5.5K-220.00154.41N/AN/A0030
2025-09-05$65.94$68.0013.4%3.8%9.8%5.7%0.0%1.3%0.0%1.4K-6.0K-230.00151.78N/AN/A0030
2025-09-08$65.84$68.0013.5%3.9%9.8%5.9%0.0%1.9%0.0%1.4K-5.7K-220.00152.89N/AN/A0030
2025-09-09$65.91$68.0013.5%3.9%9.8%5.9%0.0%2.0%0.0%1.4K-5.8K-220.00154.17N/AN/A0030
2025-09-10$65.19$68.0014.3%4.1%10.5%7.9%0.0%0.9%0.0%1.2K-4.3K-190.00153.87N/AN/A0030
2025-09-11$65.79$68.0013.9%4.0%11.1%6.9%0.0%1.3%0.0%1.4K-5.5K-210.00154.03N/AN/A0030
2025-09-12$65.67$68.0013.8%4.0%10.9%6.7%0.0%1.2%0.0%1.4K-5.2K-200.00155.48N/AN/A0030
2025-09-15$65.22$68.0014.7%4.2%11.1%8.9%0.0%0.6%0.0%1.2K-4.3K-180.00156.41N/AN/A0030
2025-09-16$65.14$68.0015.1%4.3%11.1%10.0%0.0%1.1%0.0%1.2K-4.1K-170.00154.91N/AN/A0030
2025-09-17$65.48$68.0015.8%4.5%10.8%11.6%0.0%0.7%0.0%1.3K-4.7K-180.00155.54N/AN/A0030
2025-09-18$64.91$68.0015.0%4.3%10.0%9.7%0.0%0.8%0.0%1.1K-3.7K-150.00158.02N/AN/A0030
2025-09-19$64.83$68.0015.1%4.3%9.3%10.0%0.0%1.0%0.0%1.1K-3.5K-140.00159.50N/AN/A0030
2025-09-22$64.39$68.0015.9%4.6%9.4%12.0%0.0%0.9%0.0%919-2.7K-110.00158.02N/AN/A0030
2025-09-23$64.38$68.0016.1%4.6%8.1%12.3%0.0%1.1%0.0%911-2.6K-110.00158.96N/AN/A0030
2025-09-24$64.34$68.0016.4%4.7%8.0%13.2%0.0%1.2%0.0%895-2.6K-110.00159.00N/AN/A0030
2025-09-25$63.89$68.0015.9%4.6%8.2%12.0%0.0%-0.1%0.0%734-1.9K-80.00160.08N/AN/A0030
2025-09-26$64.03$68.0016.5%4.7%8.3%13.4%0.0%1.2%0.0%774-2.0K-80.00160.72N/AN/A0030
2025-09-29$63.90$68.0016.7%4.8%7.9%14.0%0.0%1.2%0.0%709-1.7K-80.00160.07N/AN/A0030
2025-09-30$64.27$68.0018.7%5.4%8.3%18.9%0.0%1.2%0.0%842-2.2K-80.00160.03N/AN/A0030