CBL Options History — July 2024

In July 2024, CBL traded between $22.91 and $26.26. ATM implied volatility averaged 39.7%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 18.5% (HV 20d: 21.2%). Max pain ranged from $22.50 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-07-18: Highest Volume — 44 contracts
  • 2024-07-16: Largest IV spike — 64.3% change
  • 2024-07-03: Highest IV Rank — 37.2%
  • 2024-07-03: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.00$22.91$26.26$22.91$25.87
Max Pain$23.02$22.50$24.00$22.50$24.00
ATM IV39.7%22.0%53.9%36.2%50.8%
Expected Move10.9%6.3%15.4%10.4%14.6%
HV 20d21.2%16.1%23.6%16.8%23.4%
HV 60d19.1%18.2%19.8%18.6%19.1%
IV Rank25.0%9.6%37.2%22.0%34.6%
IV Percentile55.0%8.3%85.3%51.2%80.6%
Term Structure-6.0%-29.8%17.0%-5.0%-25.2%
VWIV25.0%13.8%49.2%13.8%21.7%
Skew 25d3.9%-21.8%24.9%0.4%-21.8%
Skew 10d0.7%-20.6%13.1%-6.0%1.2%
Call IV 25d27.3%13.6%44.7%13.6%38.8%
Put IV 25d31.2%14.0%55.0%14.0%17.0%
Bid-Ask Spread %131.65122.59142.98122.84128.92
Gamma HHI0.280.250.300.280.30
Net GEX993.2K647.2K1.3M647.2K1.2M
Net DEX-20.1M-25.4M-11.6M-11.6M-23.4M
Net VEX-91.0K-96.2K-79.4K-79.4K-89.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.86404441
Total OI18,601.04516,68819,74219,67516,696

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$22.91$22.5036.2%10.4%16.8%22.0%13.8%0.4%-5.0%647.2K-11.6M-79.4K0.00122.84N/AN/A4019,223452
2024-07-02$23.41$22.5051.3%14.7%17.5%35.0%49.2%-4.5%-9.6%692.0K-14.8M-88.0K0.00127.90N/AN/A19019,227452
2024-07-03$23.57$22.5053.9%15.4%16.1%37.2%0.0%-2.9%-29.8%664.3K-14.2M-89.2K0.00127.36N/AN/A1019,231452
2024-07-05$23.06$23.0046.4%10.4%18.0%30.7%0.0%11.5%-12.0%669.2K-13.6M-88.0K0.00137.36N/AN/A0019,232452
2024-07-08$23.57$23.0051.3%9.5%19.5%35.0%0.0%9.7%8.5%652.9K-15.0M-90.0K0.00138.12N/AN/A0019,232452
2024-07-09$23.38$23.0050.4%11.5%19.3%34.3%0.0%18.0%-20.2%744.1K-13.4M-86.5K0.00142.98N/AN/A25019,232452
2024-07-10$23.79$23.0026.4%7.6%20.0%13.4%0.0%8.8%13.0%792.8K-13.4M-84.5K0.00137.87N/AN/A0019,233452
2024-07-11$24.58$23.0023.5%6.7%22.5%10.9%31.3%24.9%4.8%938.2K-17.1M-93.2K0.00132.26N/AN/A9019,233452
2024-07-12$24.99$23.0034.8%10.0%22.6%20.7%13.8%20.1%6.6%918.9K-19.0M-94.8K0.00133.86N/AN/A5019,242452
2024-07-15$25.48$23.0022.0%6.3%21.5%9.6%20.0%8.6%8.4%1.3M-21.8M-96.0K0.00132.84N/AN/A19019,246452
2024-07-16$25.89$23.0036.1%10.4%20.9%21.9%0.0%1.4%-13.5%1.2M-23.7M-95.3K0.00139.79N/AN/A13019,247452
2024-07-17$26.09$23.0045.0%12.9%20.8%29.6%0.0%0.8%-14.0%1.1M-24.5M-96.2K0.00132.27N/AN/A2019,253452
2024-07-18$25.52$23.0044.0%12.6%23.3%28.7%0.0%7.6%-9.7%1.2M-23.5M-93.7K0.00134.34N/AN/A44019,254452
2024-07-19$25.89$23.0046.8%13.4%23.5%31.1%0.0%14.5%-10.8%1.1M-23.6M-94.8K0.00132.00N/AN/A1019,290452
2024-07-22$26.00$23.0035.0%10.0%22.8%21.0%0.0%6.9%17.0%1.1M-23.9M-93.8K0.00130.07N/AN/A0016,59197
2024-07-23$25.99$23.0037.0%10.6%22.6%22.6%0.0%12.6%-6.1%1.0M-24.2M-93.9K0.00130.21N/AN/A0016,59197
2024-07-24$25.80$23.0048.3%13.8%22.7%32.4%0.0%1.8%-16.2%1.1M-22.9M-92.7K0.00129.33N/AN/A0016,59197
2024-07-25$25.77$23.0029.5%8.5%22.7%16.2%0.0%0.7%5.6%1.3M-23.2M-90.6K0.00128.54N/AN/A0016,59197
2024-07-26$26.26$23.0038.9%11.2%23.1%24.3%0.0%-4.1%-19.0%1.2M-25.4M-91.7K0.00130.99N/AN/A0016,59197
2024-07-29$26.06$23.0027.1%7.8%23.6%14.0%21.7%-10.3%11.1%1.2M-24.2M-90.8K0.00122.59N/AN/A0816,59197
2024-07-30$26.07$24.0039.6%11.4%23.6%24.9%0.0%-17.8%-16.2%1.1M-24.6M-90.0K0.00123.88N/AN/A0016,591105
2024-07-31$25.87$24.0050.8%14.6%23.4%34.6%0.0%-21.8%-25.2%1.2M-23.4M-89.7K0.00128.92N/AN/A1016,591105