CBL Options History — December 2024

In December 2024, CBL traded between $29.35 and $31.82. ATM implied volatility averaged 29.2%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 5.3% (HV 20d: 23.9%). Max pain ranged from $26.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.20.

Notable Days

  • 2024-12-02: Highest Volume — 430 contracts
  • 2024-12-06: Largest IV spike — 72.3% change
  • 2024-12-10: Highest IV Rank — 39.2%
  • 2024-12-24: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.56$29.35$31.82$31.41$29.38
Max Pain$27.00$26.00$29.00$29.00$29.00
ATM IV29.2%15.0%53.6%27.7%34.6%
Expected Move7.8%4.3%10.4%7.9%9.9%
HV 20d23.9%19.3%29.0%20.7%26.6%
HV 60d22.8%21.1%25.2%21.3%25.2%
IV Rank16.8%3.8%39.2%15.4%21.7%
IV Percentile38.8%0.4%91.3%33.3%56.3%
Term Structure1.9%-9.9%19.6%-0.3%-9.9%
VWIV29.1%19.5%44.5%29.5%28.3%
Skew 25d5.8%-5.1%17.6%9.9%17.6%
Skew 10d7.1%-15.9%26.3%8.3%-1.5%
Call IV 25d23.2%16.1%32.9%19.0%20.5%
Put IV 25d28.9%15.1%44.4%28.8%38.1%
Bid-Ask Spread %114.99108.74122.38108.74114.70
Gamma HHI0.260.190.350.220.35
Net GEX488.3K321.6K843.8K321.6K574.7K
Net DEX-26.8M-30.0M-23.0M-29.3M-24.2M
Net VEX-32.1K-42.6K-17.1K-17.1K-32.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.0020.000.000.00
Total Volume47.714143043013
Total OI10,927.47610,45511,17410,68710,539

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$31.41$29.0027.7%7.9%20.7%15.4%29.5%9.9%-0.3%321.6K-29.3M-17.1K0.00108.74N/AN/A429110,65334
2024-12-03$31.62$29.0015.0%4.3%19.8%3.8%29.1%7.7%8.3%374.8K-30.0M-25.6K2.57111.86N/AN/A71811,06635
2024-12-04$31.61$29.0015.3%4.4%19.6%4.1%0.0%-4.3%19.6%452.1K-29.6M-30.7K1.00113.60N/AN/A2211,06355
2024-12-05$31.82$26.0018.8%6.1%19.3%7.3%30.4%2.2%7.6%361.1K-29.9M-26.5K0.04112.20N/AN/A26111,06157
2024-12-06$31.16$26.0032.4%8.4%21.7%19.8%29.9%-0.7%1.2%519.8K-28.9M-29.8K0.00111.62N/AN/A33011,08658
2024-12-09$31.36$26.0034.6%5.9%21.7%21.7%35.1%-2.9%10.2%523.3K-28.9M-30.5K0.08118.86N/AN/A13111,09858
2024-12-10$30.70$26.0053.6%7.3%23.6%39.2%28.4%6.9%-2.5%482.9K-26.8M-36.8K0.00111.22N/AN/A6011,11060
2024-12-11$30.81$26.0027.7%7.9%23.0%15.4%44.5%7.9%5.2%507.5K-28.0M-31.4K1.00115.96N/AN/A1111,11460
2024-12-12$31.02$27.0035.8%10.3%22.7%22.9%26.4%14.0%-9.5%451.3K-28.1M-29.8K0.00118.15N/AN/A4011,09561
2024-12-13$31.31$27.0026.4%7.6%22.6%14.3%0.0%3.6%3.6%439.8K-29.0M-29.2K0.00117.79N/AN/A1011,09961
2024-12-16$31.20$27.0025.3%7.3%22.6%13.3%26.5%-0.4%-3.6%447.6K-29.0M-27.5K0.01109.02N/AN/A90111,09961
2024-12-17$30.69$27.0027.0%7.7%24.0%14.8%33.5%-0.9%2.8%530.4K-26.3M-39.5K0.00118.70N/AN/A15011,04962
2024-12-18$29.35$27.0035.5%10.2%29.0%22.6%28.3%8.7%2.4%490.2K-23.1M-42.6K0.05122.38N/AN/A80411,03562
2024-12-19$29.79$26.0032.6%9.3%28.4%19.9%0.0%-1.4%0.2%516.8K-25.1M-35.5K0.00115.09N/AN/A86010,99064
2024-12-20$29.99$26.0026.8%7.7%26.1%14.6%0.0%-5.1%3.5%843.8K-25.6M-35.5K0.00120.80N/AN/A50011,06764
2024-12-23$29.45$26.0028.4%8.2%26.9%16.1%26.9%17.5%-7.6%524.9K-23.0M-40.6K0.00115.11N/AN/A25010,40154
2024-12-24$29.41$26.0036.2%10.4%24.3%23.2%21.3%14.5%-2.7%492.5K-23.5M-37.3K0.00121.08N/AN/A1010,40854
2024-12-26$30.26$26.0023.7%6.8%26.0%11.8%27.5%2.8%7.6%429.8K-26.1M-29.4K0.15113.87N/AN/A13210,41754
2024-12-27$29.66$27.0028.5%8.2%26.0%16.2%19.5%9.6%5.4%472.6K-24.5M-33.7K0.22112.26N/AN/A451010,41756
2024-12-30$29.85$29.0027.2%7.8%26.2%15.0%28.3%13.9%-1.5%496.0K-24.7M-33.8K20.00111.73N/AN/A12010,46080
2024-12-31$29.38$29.0034.6%9.9%26.6%21.7%0.0%17.6%-9.9%574.7K-24.2M-32.3K0.00114.70N/AN/A13010,46178