CBL Options History — June 2024

In June 2024, CBL traded between $21.83 and $22.97. ATM implied volatility averaged 27.8%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 9.8% (HV 20d: 18.0%). Max pain ranged from $22.00 to $22.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.71.

Notable Days

  • 2024-06-20: Highest Volume — 6,011 contracts
  • 2024-06-14: Largest IV spike — 136.1% change
  • 2024-06-11: Highest IV Rank — 42.5%
  • 2024-06-28: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.52$21.83$22.97$22.49$22.90
Max Pain$22.42$22.00$22.50$22.00$22.50
ATM IV27.8%10.8%62.8%30.2%38.3%
Expected Move6.8%3.1%11.0%8.7%11.0%
HV 20d18.0%16.1%20.6%16.1%17.3%
HV 60d19.4%18.6%20.7%20.3%18.6%
IV Rank13.2%0.0%42.5%13.3%23.7%
IV Percentile24.9%0.0%91.3%30.2%55.6%
Term Structure-1.2%-41.9%32.4%0.7%-41.9%
VWIV34.7%18.1%52.0%36.8%52.0%
Skew 25d2.8%-17.4%59.7%-17.4%1.9%
Skew 10d5.8%-17.0%77.5%-12.7%11.9%
Call IV 25d23.1%12.6%44.9%44.9%12.6%
Put IV 25d25.9%12.5%86.3%27.4%14.5%
Bid-Ask Spread %122.68111.27134.69129.85128.34
Gamma HHI0.260.240.270.240.27
Net GEX517.9K393.9K706.1K510.5K612.6K
Net DEX-8.1M-14.1M-4.0M-6.3M-14.1M
Net VEX-64.8K-91.0K-42.9K-58.5K-91.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.710.0012.000.000.00
Total Volume353.10506,011127
Total OI17,324.21116,29719,62516,29719,625

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$22.49$22.0030.2%8.7%16.1%13.3%36.8%-17.4%0.7%510.5K-6.3M-58.5K0.00129.85N/AN/A1015,847450
2024-06-04$22.97$22.0025.5%7.3%17.2%9.1%0.0%59.7%17.8%566.6K-6.9M-60.8K0.00132.60N/AN/A0015,848450
2024-06-05$22.93$22.0028.2%8.1%17.1%11.5%0.0%5.9%-3.5%509.7K-7.4M-62.0K0.00134.69N/AN/A2015,848450
2024-06-06$22.85$22.5023.5%5.0%17.1%7.3%0.0%-0.1%11.5%504.2K-7.6M-62.5K0.00123.11N/AN/A0015,850450
2024-06-07$22.59$22.5028.1%5.3%17.5%11.4%0.0%-1.4%5.0%488.3K-5.6M-51.3K0.00120.22N/AN/A0015,850450
2024-06-10$22.55$22.5028.0%3.6%17.3%11.4%0.0%41.2%10.6%449.6K-5.2M-48.5K0.00124.10N/AN/A0015,850450
2024-06-11$22.51$22.5062.8%5.4%17.1%42.5%0.0%1.2%3.7%493.3K-4.5M-47.0K0.00117.97N/AN/A0115,850450
2024-06-12$22.37$22.5024.0%6.9%17.3%7.8%45.6%-0.6%-2.1%472.2K-4.0M-42.9K0.00125.25N/AN/A0215,850451
2024-06-13$22.00$22.5010.8%3.1%18.4%0.0%34.2%6.9%12.9%431.1K-7.4M-61.4K12.00111.27N/AN/A22415,849453
2024-06-14$21.83$22.5025.6%7.3%18.5%12.8%18.1%-8.4%-7.8%393.9K-7.0M-59.6K0.00116.08N/AN/A0215,851473
2024-06-17$21.90$22.5023.0%6.6%18.4%10.5%21.2%-2.6%0.6%439.6K-7.9M-61.8K0.00127.45N/AN/A04015,851474
2024-06-18$22.23$22.5019.1%5.5%19.1%7.2%0.0%4.0%7.9%406.1K-8.0M-61.2K0.00124.14N/AN/A16015,851455
2024-06-20$22.36$22.5026.7%7.7%19.2%13.8%0.0%-2.6%32.4%407.0K-8.8M-62.8K0.00124.97N/AN/A6,011015,859455
2024-06-21$22.86$22.5023.2%6.6%20.6%10.7%52.0%-8.4%12.2%706.1K-10.2M-79.8K0.00121.59N/AN/A581018,615455
2024-06-24$22.74$22.5035.9%10.3%18.6%21.7%0.0%-8.6%-16.5%606.7K-12.2M-86.8K0.00124.77N/AN/A0019,173452
2024-06-25$22.62$22.5025.4%7.3%18.9%12.6%0.0%-4.5%-19.8%638.3K-9.2M-74.9K0.00114.70N/AN/A0019,173452
2024-06-26$22.60$22.5016.5%4.7%18.0%4.9%0.0%-5.5%-6.7%639.7K-9.7M-77.6K0.00116.59N/AN/A0019,173452
2024-06-27$22.65$22.5032.7%9.4%17.9%19.0%0.0%-6.8%-39.4%564.3K-11.3M-81.6K0.00113.25N/AN/A0019,173452
2024-06-28$22.90$22.5038.3%11.0%17.3%23.7%0.0%1.9%-41.9%612.6K-14.1M-91.0K0.00128.34N/AN/A27019,173452