CBL Options History — June 2025

In June 2025, CBL traded between $24.37 and $25.94. ATM implied volatility averaged 34.8%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 8.0% (HV 20d: 26.9%). Max pain ranged from $23.20 to $27.20. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.61.

Notable Days

  • 2025-06-09: Highest Volume — 204 contracts
  • 2025-06-05: Largest IV spike — 145.5% change
  • 2025-06-05: Highest IV Rank — 53.2%
  • 2025-06-03: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.33$24.37$25.94$25.13$25.64
Max Pain$24.70$23.20$27.20$23.20$24.20
ATM IV34.8%18.6%60.4%24.4%24.6%
Expected Move8.9%5.3%14.4%7.0%7.0%
HV 20d26.9%23.2%30.8%29.4%23.2%
HV 60d39.3%38.2%41.6%41.6%38.8%
IV Rank24.4%5.3%53.2%14.6%10.8%
IV Percentile48.7%2.4%94.0%18.7%17.9%
Term Structure-1.6%-40.9%17.2%-1.4%-1.8%
VWIV20.5%17.7%26.0%19.8%19.4%
Skew 25d3.1%-16.6%30.7%-1.3%0.7%
Skew 10d7.6%-12.3%21.2%17.1%1.9%
Call IV 25d33.2%19.0%54.0%29.4%24.6%
Put IV 25d36.3%20.6%62.0%28.1%25.3%
Bid-Ask Spread %121.24113.59128.12122.84122.90
Gamma HHI0.820.770.850.790.85
Net GEX266.2K221.4K316.9K258.6K278.6K
Net DEX-6.6M-7.3M-5.4M-6.5M-6.9M
Net VEX-29.1K-31.1K-27.2K-31.1K-27.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.006.330.000.00
Total Volume17.3020460
Total OI6,212.755,9296,4126,3725,948

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$25.13$23.2024.4%7.0%29.4%14.6%0.0%-1.3%-1.4%258.6K-6.5M-31.1K0.00122.84N/AN/A066,080292
2025-06-03$24.96$23.2050.2%14.4%29.5%42.3%0.0%-3.7%-40.9%258.7K-6.2M-30.6K0.00126.35N/AN/A5006,080298
2025-06-04$24.80$23.2024.6%7.0%29.6%14.8%0.0%-10.5%2.4%235.3K-6.2M-30.3K6.33123.16N/AN/A3196,078308
2025-06-05$24.96$27.2060.4%12.0%29.6%53.2%0.0%-1.8%-17.4%260.6K-6.1M-30.2K0.00128.12N/AN/A006,081331
2025-06-06$25.48$27.2044.8%6.3%30.4%36.5%0.0%2.4%7.3%282.5K-6.8M-30.4K0.00119.97N/AN/A006,081331
2025-06-09$25.94$27.2037.1%7.1%30.8%28.2%19.8%-11.7%-1.8%316.9K-7.3M-30.0K0.00113.62N/AN/A20406,081331
2025-06-10$25.65$25.2049.7%7.7%25.8%41.8%17.7%15.6%4.9%282.4K-6.8M-29.6K0.00113.59N/AN/A1005,983331
2025-06-11$25.47$25.2024.2%6.9%25.7%14.4%18.3%5.5%12.8%286.8K-6.6M-29.1K0.00116.18N/AN/A206,002331
2025-06-12$25.05$25.2026.7%7.6%26.1%17.0%0.0%-16.6%6.3%256.8K-6.2M-28.8K0.00121.86N/AN/A006,004331
2025-06-13$24.37$25.2029.5%8.5%27.0%20.1%0.0%30.7%-0.9%221.4K-5.4M-28.7K0.00122.87N/AN/A505,924331
2025-06-16$24.68$24.2018.6%5.3%27.5%8.4%26.0%-0.5%14.1%268.0K-5.6M-28.2K0.00119.22N/AN/A305,929315
2025-06-17$25.23$24.2031.2%8.9%28.5%21.8%0.0%15.2%-1.2%258.0K-6.6M-28.5K0.00119.83N/AN/A005,931315
2025-06-18$25.80$24.2036.1%10.4%29.5%23.7%21.9%8.1%-13.5%261.4K-7.1M-29.1K0.00121.94N/AN/A2005,931315
2025-06-20$25.48$24.2032.5%9.3%26.2%19.7%0.0%-1.5%1.5%252.4K-6.7M-29.0K1.00122.27N/AN/A115,932315
2025-06-23$25.59$24.2020.9%6.0%24.5%6.6%19.4%14.5%10.2%272.7K-6.8M-28.2K0.00121.14N/AN/A1505,627302
2025-06-24$25.84$24.2044.1%12.7%24.0%32.7%0.0%7.1%-14.1%275.8K-7.2M-28.3K0.00122.17N/AN/A005,642304
2025-06-25$25.32$24.2019.7%5.6%23.2%5.3%0.0%-1.1%17.2%250.3K-6.4M-27.8K0.00121.38N/AN/A015,642304
2025-06-26$25.61$24.2047.7%13.7%23.5%36.7%0.0%-1.7%-18.8%269.9K-6.8M-28.2K0.00121.63N/AN/A105,642305
2025-06-27$25.63$24.2049.8%14.3%23.4%39.1%0.0%11.6%2.8%276.2K-6.8M-27.8K0.00123.84N/AN/A505,642305
2025-06-30$25.64$24.2024.6%7.0%23.2%10.8%0.0%0.7%-1.8%278.6K-6.9M-27.2K0.00122.90N/AN/A005,643305