CBL Options History — August 2022

In August 2022, CBL traded between $28.10 and $32.01. ATM implied volatility averaged 40.3%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 6.3% (HV 20d: 46.6%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 3.88.

Notable Days

  • 2022-08-31: Highest Volume — 162 contracts
  • 2022-08-17: Largest IV spike — 47.7% change
  • 2022-08-09: Highest IV Rank — 19.2%
  • 2022-08-03: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.47$28.10$32.01$30.70$28.88
Max Pain$32.61$25.00$35.00$25.00$30.00
ATM IV40.3%21.6%61.7%51.6%21.6%
Expected Move10.8%6.2%15.1%14.8%6.2%
HV 20d46.6%22.9%69.5%35.6%69.1%
HV 60d1164.3%1163.8%1164.8%1164.6%1164.8%
IV Rank10.4%2.7%19.2%15.0%2.7%
IV Percentile5.3%1.6%17.5%7.2%1.6%
Term Structure-1.8%-17.8%4.1%-8.8%4.1%
VWIV41.0%18.7%82.5%51.8%18.7%
Skew 25d19.9%1.1%60.1%8.6%60.1%
Skew 10d35.2%6.9%84.1%16.1%84.1%
Call IV 25d36.3%24.4%51.8%49.9%32.7%
Put IV 25d56.2%30.3%92.8%58.5%92.8%
Bid-Ask Spread %75.0633.7999.5339.7895.39
Gamma HHI0.560.330.680.640.56
Net GEX5.0K-8.7K11.5K9.7K-8.7K
Net DEX-101.9K-275.1K202.9K-188.1K194.0K
Net VEX-539-864-367-525-864
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.880.0020.004.697.53
Total Volume56.5220162148162
Total OI287.522154338286311

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$30.70$25.0051.6%14.8%35.6%15.0%51.8%8.6%-8.8%9.7K-188.1K-5254.6939.78N/AN/A26122128158
2022-08-02$30.62$25.0052.4%15.0%33.1%15.4%52.7%6.2%-9.1%10.1K-182.1K-5114.6975.05N/AN/A26122127158
2022-08-03$30.83$25.0052.6%15.1%30.3%15.4%52.8%7.4%-10.9%10.3K-191.6K-4984.7279.18N/AN/A25118127158
2022-08-04$30.73$30.0052.5%12.0%29.8%15.4%43.6%4.3%-1.7%10.6K-192.7K-5234.9265.10N/AN/A24118133164
2022-08-05$30.90$30.0053.6%11.9%28.1%15.8%43.1%4.5%-1.7%11.2K-204.9K-5314.9248.14N/AN/A24118138164
2022-08-08$30.50$30.0058.9%12.0%26.0%18.0%44.4%4.5%-1.4%11.1K-184.3K-5115.3667.51N/AN/A22118138164
2022-08-09$30.49$30.0061.7%12.1%26.2%19.2%38.8%4.2%-2.0%11.5K-184.9K-4880.0078.66N/AN/A09139164
2022-08-10$31.29$35.0043.4%12.5%26.9%11.7%0.0%6.7%-1.9%10.5K-197.5K-5253.0067.94N/AN/A13139173
2022-08-11$31.84$35.0045.0%12.9%26.8%12.3%40.2%7.2%-2.3%10.1K-226.1K-5161.5065.66N/AN/A46140176
2022-08-12$31.99$35.0044.9%12.9%23.3%12.3%39.8%7.1%-3.5%10.0K-243.4K-4820.5067.09N/AN/A63145182
2022-08-15$32.01$35.0045.4%13.0%22.9%12.5%0.0%8.0%-4.3%10.2K-244.7K-4471.0051.51N/AN/A33149185
2022-08-16$31.87$35.0035.3%10.1%23.2%8.3%28.6%10.1%0.2%11.1K-275.1K-3670.0087.67N/AN/A40150188
2022-08-17$28.10$35.0052.1%14.9%52.6%15.2%52.1%16.6%-17.8%2.8K-73.7K-5100.0099.53N/AN/A340148188
2022-08-18$31.81$35.0031.1%8.9%68.5%6.6%30.1%1.1%0.8%10.3K-242.3K-4140.0099.04N/AN/A01148188
2022-08-19$30.77$35.0029.8%8.6%69.5%6.1%0.0%24.4%2.6%2.7K-220.8K-3710.2273.49N/AN/A92139189
2022-08-22$30.49$35.0031.7%9.1%69.0%6.8%31.7%26.7%1.2%3.0K-31.8K-3842.8333.79N/AN/A18517480
2022-08-23$29.87$35.0030.5%8.7%69.2%6.4%30.5%42.8%1.5%-1.3K40.1K-5924.5095.74N/AN/A41891124
2022-08-24$29.87$35.0028.8%8.2%69.1%5.6%0.0%44.4%2.1%-2.7K59.4K-6530.0093.04N/AN/A0092142
2022-08-25$30.30$35.0026.9%7.7%67.5%4.9%0.0%39.6%3.1%-2.8K43.5K-6690.0097.94N/AN/A3092142
2022-08-26$29.59$35.0027.5%7.9%68.0%5.1%28.1%49.9%2.7%-3.2K71.8K-62220.0086.63N/AN/A12092142
2022-08-29$29.14$35.0027.5%7.9%68.1%5.1%27.6%47.2%2.4%-5.5K128.4K-6455.0089.42N/AN/A63093162
2022-08-30$28.33$35.0022.7%6.5%68.7%3.1%82.5%25.6%3.9%-6.8K202.9K-7552.2769.07N/AN/A112597192
2022-08-31$28.88$30.0021.6%6.2%69.1%2.7%18.7%60.1%4.1%-8.7K194.0K-8647.5395.39N/AN/A19143102209