CBL Options History — August 2024

In August 2024, CBL traded between $24.30 and $26.99. ATM implied volatility averaged 40.5%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 18.5% (HV 20d: 22.1%). Max pain ranged from $24.00 to $27.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2024-08-05: Highest Volume — 18 contracts
  • 2024-08-05: Largest IV spike — 60.5% change
  • 2024-08-08: Highest IV Rank — 48.6%
  • 2024-08-01: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.80$24.30$26.99$25.48$26.43
Max Pain$25.21$24.00$27.00$24.00$25.00
ATM IV40.5%23.8%67.0%46.8%41.5%
Expected Move9.4%6.8%13.4%13.4%11.9%
HV 20d22.1%19.6%25.8%24.5%20.3%
HV 60d20.8%19.4%21.2%19.4%20.7%
IV Rank25.7%11.2%48.6%31.1%26.5%
IV Percentile54.6%13.9%94.0%71.4%65.1%
Term Structure-11.3%-29.5%2.0%-12.3%-16.3%
VWIV29.4%23.5%43.4%43.4%26.7%
Skew 25d-3.9%-34.4%16.8%1.7%-14.3%
Skew 10d-6.0%-27.0%5.4%-11.4%-22.2%
Call IV 25d32.1%20.2%51.0%40.9%42.4%
Put IV 25d28.2%13.9%42.6%42.6%28.1%
Bid-Ask Spread %126.76117.83142.78121.03118.93
Gamma HHI0.310.290.320.310.31
Net GEX1.4M891.9K1.7M1.3M1.6M
Net DEX-23.4M-31.2M-16.6M-21.1M-26.8M
Net VEX-79.4K-88.4K-67.8K-88.4K-73.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.005.000.000.00
Total Volume3.955018120
Total OI16,711.63616,68316,75316,69716,690

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$25.48$24.0046.8%13.4%24.5%31.1%43.4%1.7%-12.3%1.3M-21.1M-88.4K0.00121.03N/AN/A01216,592105
2024-08-02$25.03$24.0040.0%11.5%24.0%25.2%29.5%-0.8%-29.5%1.2M-19.6M-86.9K0.00118.57N/AN/A0616,592117
2024-08-05$24.30$0.0064.2%11.5%25.8%46.2%0.0%-4.7%-6.8%891.9K-17.0M-82.7K0.00142.78N/AN/A01816,601123
2024-08-06$24.62$0.0054.0%10.5%25.8%37.4%0.0%6.1%-7.9%1.1M-16.6M-82.2K0.00139.76N/AN/A0016,601132
2024-08-07$25.02$0.0058.3%7.7%25.8%41.1%23.8%0.8%-14.4%1.2M-18.1M-83.3K0.00129.86N/AN/A0416,601132
2024-08-08$24.93$25.0067.0%7.3%23.2%48.6%0.0%3.5%-11.9%1.3M-20.3M-83.5K0.00135.97N/AN/A0016,601136
2024-08-09$25.16$25.0062.2%9.5%22.7%44.4%0.0%16.2%-17.2%1.5M-18.5M-82.4K0.00131.40N/AN/A1016,601136
2024-08-12$25.55$25.0040.9%8.3%22.3%26.0%0.0%16.8%-3.1%1.4M-21.4M-83.8K0.00127.45N/AN/A0016,602136
2024-08-13$25.86$25.0039.8%8.1%22.0%25.0%23.5%5.6%-12.6%1.5M-22.9M-82.3K5.00117.83N/AN/A21016,602136
2024-08-14$25.83$27.0023.8%6.8%21.8%11.2%0.0%-1.9%1.2%1.5M-22.7M-81.8K0.00125.42N/AN/A0016,604144
2024-08-15$25.76$27.0035.4%10.1%20.3%21.3%0.0%-2.1%-11.5%1.3M-22.5M-82.7K1.00129.61N/AN/A5516,604144
2024-08-16$25.80$27.0026.9%7.7%19.6%13.9%26.7%-6.5%-3.8%1.4M-22.9M-82.2K1.00119.31N/AN/A3316,609144
2024-08-19$25.91$25.0025.5%7.3%19.6%12.7%0.0%3.4%-0.6%1.5M-23.3M-79.9K0.00126.40N/AN/A0016,574109
2024-08-20$25.83$25.0029.7%8.5%19.6%16.4%0.0%3.1%2.0%1.3M-23.0M-81.1K0.00118.79N/AN/A0016,574109
2024-08-21$26.09$25.0033.6%9.6%19.8%19.7%0.0%0.2%-3.0%1.5M-25.0M-79.0K0.00125.85N/AN/A1016,574110
2024-08-22$26.07$25.0031.7%9.1%19.7%18.0%0.0%-34.4%-9.5%1.5M-23.8M-78.6K0.00130.17N/AN/A0016,574110
2024-08-23$26.95$25.0024.7%7.1%22.0%12.0%0.0%0.0%-15.3%1.5M-30.9M-69.8K0.00125.41N/AN/A2016,574110
2024-08-26$26.98$25.0030.6%8.8%21.8%17.1%0.0%-4.5%-6.6%1.6M-30.9M-68.6K0.00126.21N/AN/A3016,576110
2024-08-27$26.99$25.0036.5%10.5%21.8%22.2%0.0%-13.1%-27.7%1.7M-31.2M-67.8K0.00125.74N/AN/A7016,577110
2024-08-28$26.60$25.0042.7%12.2%22.3%27.6%0.0%-33.9%-22.4%1.5M-28.1M-72.2K0.00125.71N/AN/A0016,580110
2024-08-29$26.51$25.0036.4%10.4%21.5%22.1%0.0%-27.9%-18.6%1.5M-27.5M-73.5K0.00126.48N/AN/A0516,580110
2024-08-30$26.43$25.0041.5%11.9%20.3%26.5%0.0%-14.3%-16.3%1.6M-26.8M-73.5K0.00118.93N/AN/A0016,580110