CBL Options History — October 2025

In October 2025, CBL traded between $28.16 and $30.67. ATM implied volatility averaged 43.7%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 19.6% (HV 20d: 24.1%). Max pain ranged from $29.20 to $31.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.37.

Notable Days

  • 2025-10-02: Highest Volume — 56 contracts
  • 2025-10-14: Largest IV spike — 153.4% change
  • 2025-10-10: Highest IV Rank — 77.1%
  • 2025-10-30: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.42$28.16$30.67$30.67$29.59
Max Pain$30.68$29.20$31.00$29.20$30.00
ATM IV43.7%21.7%83.6%36.3%52.9%
Expected Move11.4%6.2%16.1%10.4%15.2%
HV 20d24.1%20.2%27.0%20.5%24.5%
HV 60d25.2%23.8%26.0%23.8%24.4%
IV Rank32.2%7.5%77.1%23.9%42.6%
IV Percentile69.3%12.3%98.8%63.5%90.1%
Term Structure-4.1%-26.0%25.1%-26.0%-21.7%
VWIV36.4%26.1%46.7%26.1%46.7%
Skew 25d5.5%-17.1%20.6%12.6%19.2%
Skew 10d3.9%-14.9%31.3%16.3%-5.8%
Call IV 25d41.2%16.1%58.7%16.1%46.8%
Put IV 25d46.6%22.9%66.0%28.7%66.0%
Bid-Ask Spread %135.54113.90148.99119.14142.01
Gamma HHI0.120.090.420.110.12
Net GEX25.6K19.7K82.5K26.8K21.4K
Net DEX-367.3K-797.7K-111.1K-797.7K-342.2K
Net VEX-3.0K-3.5K-2.4K-3.4K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.002.500.000.00
Total Volume10.17405600
Total OI1,163.0879141,4261,261954

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$30.67$29.2036.3%10.4%20.5%23.9%0.0%12.6%-26.0%26.8K-797.7K-3.4K0.00119.14N/AN/A00746515
2025-10-02$30.07$29.2027.7%7.9%21.1%14.2%0.0%4.9%0.5%24.0K-632.3K-3.3K0.00113.90N/AN/A560747515
2025-10-03$30.14$29.2021.7%6.2%20.2%7.5%26.1%-17.1%9.9%27.4K-690.7K-3.5K0.83115.68N/AN/A65810515
2025-10-06$29.20$31.0027.1%8.4%21.8%13.6%0.0%2.9%-5.7%22.5K-330.1K-3.3K0.00122.32N/AN/A300813514
2025-10-07$29.33$31.0034.7%7.3%21.8%22.1%0.0%6.2%-4.4%21.7K-281.2K-3.1K0.00120.43N/AN/A60843514
2025-10-08$28.91$31.0032.2%6.7%22.1%19.4%0.0%1.4%3.9%19.9K-132.6K-3.1K0.00124.72N/AN/A00844514
2025-10-09$29.09$31.0033.1%6.6%20.9%20.3%0.0%6.6%5.7%20.5K-153.9K-3.0K0.00123.95N/AN/A20844514
2025-10-10$28.16$31.0083.6%13.0%23.0%77.1%0.0%1.0%-14.0%19.7K-111.1K-3.1K0.00138.11N/AN/A00845514
2025-10-13$28.92$31.0032.8%12.2%25.1%19.9%0.0%3.2%-0.3%21.4K-193.8K-3.0K1.50145.03N/AN/A23845514
2025-10-14$29.05$31.0083.0%12.7%25.3%76.4%0.0%5.1%-2.9%23.0K-197.1K-3.1K0.25144.87N/AN/A41847516
2025-10-15$29.63$31.0041.3%11.8%26.5%29.5%0.0%6.7%-12.3%22.0K-455.9K-2.9K0.02145.56N/AN/A551850517
2025-10-16$29.09$31.0043.0%12.3%27.0%31.5%0.0%1.3%-7.9%29.2K-249.4K-3.1K2.50140.09N/AN/A25901518
2025-10-17$29.23$31.0043.3%12.4%25.2%31.7%0.0%11.2%-6.9%82.5K-593.8K-3.3K0.60136.51N/AN/A53903523
2025-10-20$29.05$31.0033.3%9.5%24.7%20.5%0.0%20.6%25.1%20.8K-310.5K-2.6K0.00141.27N/AN/A20619295
2025-10-21$29.45$31.0047.6%13.6%25.3%36.6%0.0%10.1%-8.5%23.1K-333.4K-2.8K0.00141.56N/AN/A40620295
2025-10-22$29.90$31.0043.1%12.4%25.8%31.6%0.0%8.8%-8.3%21.8K-336.8K-2.4K0.00144.68N/AN/A20620295
2025-10-23$29.66$31.0046.6%13.4%26.0%35.5%0.0%0.7%-7.0%25.5K-389.0K-2.9K0.00140.21N/AN/A00622295
2025-10-24$29.69$31.0044.8%12.8%25.9%33.4%0.0%6.7%2.9%27.2K-456.6K-3.1K0.00148.99N/AN/A10622295
2025-10-27$29.69$31.0036.1%10.3%25.8%23.7%0.0%9.7%19.2%22.9K-363.2K-2.6K1.00145.86N/AN/A11622295
2025-10-28$29.48$31.0053.6%15.4%25.8%43.4%0.0%-9.1%-14.2%23.4K-380.2K-2.9K0.00137.00N/AN/A30623295
2025-10-29$29.43$31.0050.8%14.6%24.9%40.2%46.7%5.7%-9.4%22.7K-343.9K-2.5K0.00139.25N/AN/A10626295
2025-10-30$29.27$30.0056.1%16.1%24.1%46.2%0.0%7.2%-12.7%20.3K-372.0K-2.8K0.00146.20N/AN/A330627295
2025-10-31$29.59$30.0052.9%15.2%24.5%42.6%0.0%19.2%-21.7%21.4K-342.2K-2.5K0.00142.01N/AN/A00659295