CBL Options History — October 2023

In October 2023, CBL traded between $20.01 and $21.34. ATM implied volatility averaged 49.8%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 26.7% (HV 20d: 23.1%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 4.00.

Notable Days

  • 2023-10-12: Highest Volume — 103 contracts
  • 2023-10-10: Largest IV spike — 116.2% change
  • 2023-10-31: Highest IV Rank — 62.8%
  • 2023-10-31: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.79$20.01$21.34$20.99$20.68
Max Pain$21.14$20.00$25.00$22.50$20.00
ATM IV49.8%22.6%85.4%42.2%85.4%
Expected Move14.4%6.7%24.5%12.1%24.5%
HV 20d23.1%18.1%28.2%27.7%22.4%
HV 60d23.0%21.7%24.6%21.9%24.6%
IV Rank30.9%6.5%62.8%24.1%62.8%
IV Percentile54.4%1.2%96.8%30.2%96.8%
Term Structure-7.2%-48.3%31.1%0.1%-48.3%
VWIV32.2%23.6%40.1%27.8%37.3%
Skew 25d11.6%-0.7%26.7%7.2%26.7%
Skew 10d6.8%-15.3%22.1%7.0%19.6%
Call IV 25d33.8%21.5%46.7%28.7%40.6%
Put IV 25d45.4%35.1%67.3%35.9%67.3%
Bid-Ask Spread %117.34104.02136.23104.02118.70
Gamma HHI0.890.840.920.880.88
Net GEX471.8K325.1K681.2K477.6K490.8K
Net DEX-5.1M-6.9M-3.4M-5.3M-5.3M
Net VEX-45.7K-60.5K-33.1K-48.8K-44.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.000.0033.330.000.00
Total Volume14.2270103120
Total OI26,456.54520,28129,29529,26220,623

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$20.99$22.5042.2%12.1%27.7%24.1%27.8%7.2%0.1%477.6K-5.3M-48.8K0.00104.02N/AN/A1028,947315
2023-10-03$21.27$22.5041.7%12.0%28.2%23.6%0.0%20.4%31.1%570.9K-5.9M-52.7K0.00108.09N/AN/A0128,947315
2023-10-04$21.34$22.5027.7%7.9%27.7%11.0%23.6%9.1%22.2%567.1K-5.8M-53.2K7.75107.44N/AN/A43128,947316
2023-10-05$21.29$25.0025.0%6.7%27.2%8.7%0.0%12.1%8.5%681.2K-6.3M-54.5K0.00133.75N/AN/A0028,951315
2023-10-06$21.29$25.0025.7%10.4%24.7%9.3%40.1%5.4%-14.5%640.0K-6.9M-60.5K0.00111.69N/AN/A3028,951315
2023-10-09$21.26$22.5022.6%11.2%24.5%6.5%0.0%5.6%-9.4%575.4K-6.3M-54.8K0.00114.41N/AN/A0028,954315
2023-10-10$21.14$22.5048.9%10.4%24.5%30.0%0.0%1.4%9.9%518.2K-5.8M-50.2K0.00109.44N/AN/A0028,954315
2023-10-11$20.57$22.5053.1%15.2%24.8%33.8%0.0%4.8%-13.6%411.5K-5.2M-48.3K0.00110.90N/AN/A01028,954311
2023-10-12$20.99$20.0039.1%11.2%25.4%21.3%0.0%2.7%-14.0%424.4K-3.9M-39.2K33.33115.50N/AN/A310028,954341
2023-10-13$20.75$20.0050.8%14.6%25.6%31.8%0.0%4.1%-16.4%459.1K-4.7M-45.5K0.00115.61N/AN/A0028,957261
2023-10-16$20.97$20.0057.4%16.5%23.4%37.7%0.0%-0.7%3.6%472.7K-5.7M-50.4K0.00115.87N/AN/A2028,957261
2023-10-17$21.15$20.0038.1%10.9%19.2%20.4%0.0%6.2%7.2%521.0K-6.5M-52.4K0.00105.27N/AN/A2028,959261
2023-10-18$21.00$20.0062.0%17.8%18.1%41.8%0.0%26.7%-25.2%461.7K-4.6M-43.0K0.00130.74N/AN/A0028,961261
2023-10-19$20.47$20.0055.5%15.9%19.5%35.9%0.0%26.3%24.7%454.9K-5.2M-45.7K0.00136.23N/AN/A0028,961261
2023-10-20$20.55$20.0059.1%17.0%19.4%39.2%0.0%17.0%18.6%425.3K-4.5M-41.3K0.00116.00N/AN/A0828,961261
2023-10-23$20.20$20.0056.6%16.2%20.0%37.0%37.3%7.1%-22.4%380.4K-4.8M-40.4K0.00124.57N/AN/A20020,089192
2023-10-24$20.58$20.0058.0%16.6%20.7%38.2%0.0%21.9%-21.9%395.0K-3.9M-37.6K0.00131.11N/AN/A9020,109192
2023-10-25$20.27$20.0067.5%19.3%21.3%46.7%0.0%19.6%-35.3%363.2K-3.5M-33.1K0.92127.61N/AN/A252320,118192
2023-10-26$20.25$20.0076.4%21.9%20.9%54.7%0.0%10.7%-31.8%352.4K-3.9M-37.1K0.00114.89N/AN/A02020,359215
2023-10-27$20.01$20.0044.3%12.7%21.1%26.0%0.0%5.0%-12.7%325.1K-3.4M-33.4K2.00124.04N/AN/A102020,359235
2023-10-30$20.29$20.0058.6%16.8%21.8%38.7%0.0%15.3%-18.2%410.8K-4.2M-37.6K0.00105.72N/AN/A0120,367255
2023-10-31$20.68$20.0085.4%24.5%22.4%62.8%0.0%26.7%-48.3%490.8K-5.3M-44.5K0.00118.70N/AN/A20020,367256