XIFR Options History — October 2025

In October 2025, XIFR traded between $9.82 and $11.16. ATM implied volatility averaged 54.7%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 10.4% (HV 20d: 44.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.35.

Notable Days

2025-10-01: Highest Volume — 9,202 contracts
2025-10-13: Largest IV spike — 24.0% change
2025-10-14: Highest IV Rank — 54.6%
2025-10-31: Largest Expected Move — 17.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.43	$9.82	$11.16	$10.93	$9.89
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	54.7%	47.6%	64.3%	47.6%	60.2%
Expected Move	15.6%	13.6%	17.3%	13.6%	17.3%
HV 20d	44.3%	35.3%	50.5%	43.2%	35.5%
HV 60d	44.7%	43.5%	54.2%	54.2%	43.9%
IV Rank	40.3%	29.7%	54.6%	29.7%	48.5%
IV Percentile	61.9%	39.2%	80.9%	39.2%	78.2%
Term Structure	-1.9%	-9.7%	18.3%	4.3%	-9.7%
VWIV	54.9%	47.5%	61.1%	47.5%	61.1%
Skew 25d	2.4%	-7.3%	16.2%	16.2%	4.0%
Skew 10d	6.6%	-9.9%	28.7%	13.7%	8.8%
Call IV 25d	54.2%	35.0%	63.1%	35.0%	55.6%
Put IV 25d	56.6%	51.2%	60.0%	51.2%	59.6%
Bid-Ask Spread %	68.60	26.63	84.24	70.20	81.05
Gamma HHI	0.14	0.13	0.15	0.14	0.15
Net GEX	-206.0K	-378.1K	101.7K	-77.0K	-378.1K
Net DEX	-432.4K	-17.1M	10.2M	-9.4M	10.2M
Net VEX	-389.1K	-412.1K	-363.1K	-397.5K	-368.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.02	1.10	0.04	0.02
Total Volume	2,222.348	259	9,202	9,202	3,408
Total OI	191,172.565	180,347	201,517	193,616	182,314

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-10-01	$10.93	$10.00	47.6%	13.6%	43.2%	29.7%	47.5%	16.2%	4.3%	-77.0K	-9.4M	-397.5K	0.04	70.20	N/A	N/A	8,821	381	82,873	110,743
2025-10-02	$10.96	$10.00	49.2%	14.1%	42.8%	32.0%	49.5%	0.4%	2.7%	48.6K	-12.6M	-409.7K	0.04	54.03	N/A	N/A	3,232	145	89,045	110,719
2025-10-03	$10.94	$10.00	48.0%	13.8%	42.8%	30.3%	51.7%	-0.1%	3.6%	77.8K	-12.8M	-409.4K	0.57	58.97	N/A	N/A	1,069	609	90,123	110,754
2025-10-06	$11.16	$10.00	55.0%	15.7%	39.9%	40.7%	53.5%	5.4%	-4.5%	101.7K	-17.1M	-412.1K	0.07	59.21	N/A	N/A	7,710	522	90,542	110,975
2025-10-07	$10.91	$10.00	49.9%	15.2%	40.9%	33.1%	53.5%	1.5%	-3.5%	-31.8K	-8.4M	-409.0K	0.15	54.74	N/A	N/A	587	88	87,597	111,080
2025-10-08	$11.09	$10.00	53.9%	15.7%	40.8%	39.0%	53.5%	5.4%	-6.0%	20.7K	-11.4M	-407.7K	0.08	55.09	N/A	N/A	1,254	104	87,587	111,128
2025-10-09	$10.80	$10.00	55.1%	15.6%	41.6%	40.8%	52.6%	3.4%	-4.1%	-42.2K	-7.3M	-408.4K	0.06	56.27	N/A	N/A	5,370	321	88,429	111,178
2025-10-10	$10.23	$10.00	50.2%	16.1%	46.3%	33.6%	55.8%	0.9%	-6.5%	-283.0K	4.1M	-395.3K	0.48	26.63	N/A	N/A	979	474	85,351	111,296
2025-10-13	$10.31	$10.00	62.3%	16.1%	45.7%	51.5%	57.6%	3.2%	-4.8%	-244.3K	1.4M	-395.9K	0.20	84.24	N/A	N/A	737	148	85,236	111,446
2025-10-14	$10.32	$10.00	64.3%	16.1%	45.4%	54.6%	58.1%	0.5%	-4.5%	-267.7K	1.4M	-401.1K	0.44	73.09	N/A	N/A	411	182	85,197	111,543
2025-10-15	$10.74	$10.00	54.0%	15.5%	47.1%	39.2%	54.5%	2.7%	-3.4%	-86.0K	-5.1M	-397.3K	0.09	71.23	N/A	N/A	2,618	238	85,454	111,693
2025-10-16	$10.23	$10.00	57.5%	16.5%	50.5%	44.4%	57.3%	4.2%	18.3%	-349.1K	-3.3M	-371.4K	1.10	81.42	N/A	N/A	650	712	85,696	111,737
2025-10-17	$10.25	$10.00	54.0%	15.5%	50.1%	39.3%	54.6%	4.0%	-1.1%	-313.0K	1.1M	-385.0K	0.59	67.37	N/A	N/A	1,025	605	85,844	112,290
2025-10-20	$10.36	$10.00	54.3%	15.6%	49.8%	39.6%	54.3%	3.0%	-4.5%	-282.7K	4.4M	-392.2K	0.22	67.75	N/A	N/A	1,007	220	76,578	103,769
2025-10-21	$10.25	$10.00	54.5%	15.6%	50.0%	40.0%	53.3%	0.6%	-5.7%	-319.1K	5.6M	-380.3K	1.01	67.30	N/A	N/A	329	333	77,278	103,969
2025-10-22	$10.09	$10.00	53.1%	15.2%	49.8%	37.8%	54.0%	3.3%	-1.1%	-335.1K	8.1M	-371.6K	0.78	78.21	N/A	N/A	1,166	910	77,500	103,899
2025-10-23	$10.15	$10.00	56.2%	16.1%	48.3%	42.5%	54.8%	1.5%	-2.8%	-329.7K	7.4M	-378.9K	0.26	75.22	N/A	N/A	255	67	77,994	104,399
2025-10-24	$10.22	$10.00	56.2%	16.1%	46.6%	42.5%	54.1%	1.7%	-2.7%	-288.1K	5.5M	-385.9K	0.53	83.08	N/A	N/A	169	90	78,111	104,429
2025-10-27	$10.23	$10.00	55.5%	15.9%	45.8%	41.5%	56.0%	0.7%	-0.8%	-321.9K	5.3M	-370.2K	0.43	83.05	N/A	N/A	252	108	78,194	104,469
2025-10-28	$10.06	$10.00	55.8%	16.0%	45.5%	41.9%	57.5%	2.5%	-3.2%	-337.1K	6.4M	-368.3K	0.25	79.56	N/A	N/A	954	237	78,353	104,542
2025-10-29	$9.93	$10.00	57.5%	16.5%	35.3%	44.4%	58.7%	-2.9%	-2.1%	-340.5K	6.8M	-363.1K	0.57	80.34	N/A	N/A	369	211	78,198	104,572
2025-10-30	$9.82	$10.00	54.9%	15.7%	35.3%	40.6%	58.3%	-7.3%	-0.9%	-359.4K	9.8M	-369.8K	0.10	69.87	N/A	N/A	1,846	191	78,190	104,655
2025-10-31	$9.89	$10.00	60.2%	17.3%	35.5%	48.5%	61.1%	4.0%	-9.7%	-378.1K	10.2M	-368.3K	0.02	81.05	N/A	N/A	3,333	75	77,593	104,721