CBL Options History — November 2024

In November 2024, CBL traded between $26.02 and $31.44. ATM implied volatility averaged 36.9%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 12.2% (HV 20d: 24.7%). Max pain ranged from $24.00 to $29.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.04.

Notable Days

  • 2024-11-22: Highest Volume — 1,138 contracts
  • 2024-11-11: Largest IV spike — 192.6% change
  • 2024-11-11: Highest IV Rank — 85.3%
  • 2024-11-07: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.42$26.02$31.44$26.02$31.41
Max Pain$26.67$24.00$29.00$24.00$29.00
ATM IV36.9%16.5%104.0%29.8%16.5%
Expected Move7.3%4.7%9.3%8.6%4.7%
HV 20d24.7%23.4%26.5%24.7%23.4%
HV 60d20.4%19.1%21.7%19.3%21.4%
IV Rank23.9%5.2%85.3%17.4%5.2%
IV Percentile42.5%1.2%99.6%40.9%1.2%
Term Structure-4.5%-17.0%5.6%-1.9%5.6%
VWIV25.2%18.6%32.7%32.7%21.3%
Skew 25d1.5%-29.0%17.7%-29.0%8.5%
Skew 10d3.5%-12.2%57.1%-12.2%57.1%
Call IV 25d24.3%13.9%58.7%58.7%14.8%
Put IV 25d25.8%17.1%38.3%29.7%23.3%
Bid-Ask Spread %125.69112.97136.59117.28124.23
Gamma HHI0.460.250.540.540.25
Net GEX933.1K430.0K1.3M1.2M502.5K
Net DEX-31.6M-36.9M-24.9M-24.9M-28.0M
Net VEX-49.8K-76.9K-25.7K-76.9K-31.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.500.000.00
Total Volume156.201,138011
Total OI14,163.3510,60416,03115,99510,678

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$26.02$24.0029.8%8.6%24.7%17.4%0.0%-29.0%-1.9%1.2M-24.9M-76.9K0.00117.28N/AN/A0015,92570
2024-11-04$26.70$0.0029.4%7.7%25.9%17.0%0.0%-2.6%-4.3%1.3M-29.6M-70.4K0.00131.04N/AN/A0015,92570
2024-11-05$27.22$0.0040.4%7.5%26.2%27.0%32.7%0.3%-13.6%1.1M-31.5M-68.8K0.00126.14N/AN/A4015,92570
2024-11-06$27.66$26.0032.8%8.5%26.5%20.1%0.0%3.8%-9.9%1.1M-35.6M-57.5K0.00127.41N/AN/A36015,92670
2024-11-07$27.73$26.0075.2%9.3%26.5%58.9%0.0%13.1%-13.7%1.1M-34.9M-58.6K0.00136.59N/AN/A11015,95370
2024-11-08$27.88$26.0035.5%6.3%24.5%22.6%0.0%6.7%-1.3%1.1M-36.9M-52.9K0.00130.68N/AN/A1015,96170
2024-11-11$27.78$26.00104.0%6.0%24.3%85.3%0.0%2.3%2.0%1.0M-35.2M-57.1K0.00129.91N/AN/A0015,96170
2024-11-12$27.54$26.0089.1%6.0%24.5%71.7%0.0%0.1%-3.9%1.1M-34.1M-59.4K0.00131.26N/AN/A0015,96170
2024-11-13$27.40$26.0025.8%7.4%24.4%13.7%0.0%-2.9%-6.6%1.2M-33.6M-60.0K0.50133.28N/AN/A2115,96170
2024-11-14$27.41$26.0021.7%6.2%24.1%9.9%0.0%3.4%4.6%1.3M-34.6M-53.7K0.00128.53N/AN/A2015,96071
2024-11-15$27.31$26.0020.9%6.0%24.2%9.3%0.0%5.6%0.1%996.3K-34.5M-56.6K0.00131.18N/AN/A0115,95971
2024-11-18$27.44$26.0027.8%8.0%24.1%15.5%0.0%6.1%3.8%1.0M-26.3M-54.4K0.00129.33N/AN/A1012,71729
2024-11-19$28.07$26.0024.3%7.0%23.4%12.3%0.0%5.0%-9.1%923.8K-28.7M-48.5K0.00124.17N/AN/A0012,71829
2024-11-20$28.73$26.0028.7%8.2%24.3%16.4%19.8%17.7%-8.9%854.5K-33.3M-25.7K0.00125.97N/AN/A204012,71929
2024-11-21$29.67$26.0023.1%6.6%26.5%11.2%23.3%0.1%-1.2%616.7K-35.1M-26.8K0.01120.68N/AN/A392313,01630
2024-11-22$29.56$28.0028.4%8.1%23.7%16.1%18.6%-1.5%-4.4%664.9K-32.2M-43.7K0.00122.82N/AN/A1,138013,03033
2024-11-25$30.48$29.0025.7%7.4%25.2%13.7%28.6%-6.0%-7.8%587.6K-26.0M-38.4K0.00112.97N/AN/A273110,57133
2024-11-26$30.92$29.0032.3%9.3%23.8%19.7%32.0%-1.3%-17.0%433.1K-28.0M-29.2K0.00116.83N/AN/A961010,79634
2024-11-27$31.44$29.0027.1%7.8%24.0%14.9%21.3%-0.3%-2.6%430.0K-28.9M-25.9K0.00113.60N/AN/A82010,58234
2024-11-29$31.41$29.0016.5%4.7%23.4%5.2%0.0%8.5%5.6%502.5K-28.0M-31.3K0.00124.23N/AN/A11010,64434