CBL Options History — November 2022

In November 2022, CBL traded between $28.15 and $30.52. ATM implied volatility averaged 49.7%, placing in the 14.2% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 12.5% (HV 20d: 37.2%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2022-11-18: Highest Volume — 323 contracts
  • 2022-11-28: Largest IV spike — 73.3% change
  • 2022-11-08: Highest IV Rank — 21.5%
  • 2022-11-01: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.99$28.15$30.52$28.97$30.52
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV49.7%33.0%67.4%64.6%55.3%
Expected Move13.4%9.4%18.5%18.5%15.9%
HV 20d37.2%25.6%41.6%40.9%30.2%
HV 60d43.0%37.1%52.5%52.2%37.5%
IV Rank14.2%7.4%21.5%20.3%16.5%
IV Percentile20.9%6.8%42.2%38.6%32.7%
Term Structure-2.9%-22.2%16.0%-5.8%-21.2%
VWIV52.9%31.2%93.8%68.3%60.2%
Skew 25d21.4%-0.8%44.7%42.8%17.6%
Skew 10d29.8%12.3%57.5%44.4%26.0%
Call IV 25d39.9%29.6%51.3%46.7%38.6%
Put IV 25d61.2%46.2%96.1%89.5%56.1%
Bid-Ask Spread %116.74104.18125.52121.01114.27
Gamma HHI0.540.400.690.420.69
Net GEX11.8K4.7K21.2K6.3K21.2K
Net DEX-297.4K-469.9K-202.1K-274.4K-469.9K
Net VEX-1.9K-2.3K-1.5K-2.2K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.000.250.230.00
Total Volume234.28603232973
Total OI558.333443629603464

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$28.97$25.0064.6%18.5%40.9%20.3%68.3%42.8%-5.8%6.3K-274.4K-2.2K0.23121.01N/AN/A24255316287
2022-11-02$28.41$25.0061.5%17.6%38.7%19.1%93.8%44.7%-22.2%4.7K-225.1K-2.3K0.25113.95N/AN/A22455316287
2022-11-03$29.16$25.0062.4%11.6%39.3%19.4%49.9%5.2%-5.4%7.1K-288.6K-2.1K0.25113.51N/AN/A22455318287
2022-11-04$29.41$25.0046.3%12.7%38.2%12.8%58.3%23.2%-3.8%9.5K-348.0K-2.1K0.25115.78N/AN/A22455318287
2022-11-07$29.32$25.0058.7%11.5%38.2%17.9%50.9%6.6%-4.4%9.1K-333.2K-2.0K0.25119.76N/AN/A22455318287
2022-11-08$28.97$25.0067.4%12.9%38.3%21.5%52.3%19.2%0.4%8.2K-305.3K-2.0K0.25113.46N/AN/A22455318287
2022-11-09$28.26$25.0050.1%14.4%39.9%14.4%50.0%-0.8%-14.7%10.8K-202.1K-1.9K0.25120.25N/AN/A22455318287
2022-11-10$29.00$25.0044.2%12.7%40.5%12.0%62.8%34.8%-5.1%11.6K-294.1K-2.0K0.25120.25N/AN/A22455318287
2022-11-11$29.20$25.0047.2%13.5%39.4%13.2%57.6%25.7%0.6%11.9K-350.3K-1.9K0.24114.36N/AN/A23055318287
2022-11-14$29.50$25.0050.6%14.5%38.9%14.6%50.6%18.2%-6.8%14.6K-366.5K-1.8K0.24122.71N/AN/A23055322287
2022-11-15$29.22$25.0035.0%10.0%39.2%8.2%40.3%17.6%3.5%15.7K-315.8K-1.8K0.24121.81N/AN/A23055322287
2022-11-16$28.15$25.0035.0%10.0%41.6%8.2%38.5%17.8%14.4%8.7K-236.8K-1.8K0.24120.09N/AN/A23055322287
2022-11-17$28.41$25.0058.7%16.8%41.4%17.9%67.4%33.7%-8.3%7.4K-218.9K-1.7K0.22125.46N/AN/A24955322287
2022-11-18$28.59$25.0046.0%13.2%41.2%12.7%46.5%20.4%-2.6%13.3K-363.8K-1.8K0.21119.55N/AN/A26855342287
2022-11-21$28.57$25.0046.6%13.4%39.3%13.0%40.3%17.3%16.0%11.1K-262.5K-1.7K0.17114.45N/AN/A25343296147
2022-11-22$29.09$25.0034.8%10.0%36.4%8.1%33.6%36.5%14.4%17.4K-277.1K-1.8K0.17115.11N/AN/A25343315147
2022-11-23$28.78$25.0033.0%9.4%33.9%7.4%31.2%15.7%12.5%13.7K-247.7K-1.8K0.17104.18N/AN/A25343315147
2022-11-25$29.03$25.0034.8%10.0%32.8%8.1%0.0%41.4%7.4%17.0K-292.3K-1.7K0.00109.48N/AN/A00315147
2022-11-28$29.09$25.0060.4%17.3%26.3%18.6%60.2%5.7%-17.4%13.9K-276.1K-1.7K0.00106.51N/AN/A120315147
2022-11-29$29.13$25.0051.1%14.6%25.6%14.8%0.0%5.6%-11.9%15.1K-297.2K-1.6K0.00125.52N/AN/A00317147
2022-11-30$30.52$25.0055.3%15.9%30.2%16.5%0.0%17.6%-21.2%21.2K-469.9K-1.5K0.00114.27N/AN/A30317147