CBU Options History — July 2012

In July 2012, CBU traded between $26.54 and $27.69. ATM implied volatility averaged 26.7%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 8.1% (HV 20d: 18.6%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-07-20: Highest Volume — 20 contracts
  • 2012-07-20: Largest IV spike — 38.6% change
  • 2012-07-10: Highest IV Rank — 38.8%
  • 2012-07-20: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.23$26.54$27.69$27.38$27.51
Max Pain$28.81$25.00$30.00$25.00$25.00
ATM IV26.7%20.0%33.3%26.4%23.8%
Expected Move7.5%5.7%9.0%7.6%6.8%
HV 20d18.6%16.3%21.6%21.6%16.4%
HV 60d20.9%20.1%22.1%22.1%20.5%
IV Rank21.9%4.2%38.8%23.5%14.3%
IV Percentile32.4%2.4%64.3%30.6%16.7%
Term Structure1.6%-7.2%8.6%-0.5%-7.2%
VWIV21.8%21.7%21.9%21.9%21.7%
Skew 25d6.3%-1.0%13.2%10.7%0.1%
Skew 10d6.3%-0.8%13.1%11.5%3.5%
Call IV 25d21.9%17.8%27.5%17.8%27.5%
Put IV 25d28.2%22.2%37.3%28.5%27.6%
Bid-Ask Spread %109.33101.37113.89102.63112.82
Gamma HHI0.880.850.930.870.89
Net GEX-36.4K-41.0K-33.5K-36.1K-37.5K
Net DEX499.1K410.5K596.3K514.4K416.1K
Net VEX-3.6K-3.9K-3.2K-3.9K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.33302010
Total OI796.619789803797789

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-07-02$27.38$25.0026.4%7.6%21.6%23.5%0.0%10.7%-0.5%-36.1K514.4K-3.9K0.00102.6310110687
2012-07-03$27.34$25.0027.4%7.9%21.5%24.0%0.0%10.3%-0.6%-33.9K513.9K-3.9K0.00103.0300111687
2012-07-05$27.27$25.0028.2%8.1%20.3%26.0%0.0%10.2%-0.1%-35.5K498.8K-3.8K0.00102.6300111687
2012-07-06$27.22$30.0029.6%8.2%20.3%29.5%0.0%11.8%3.1%-34.6K524.1K-3.8K0.00111.6300111687
2012-07-09$27.00$30.0027.3%8.3%20.2%23.3%0.0%7.5%0.8%-35.8K534.5K-3.8K0.00108.3900111687
2012-07-10$27.25$30.0033.3%8.6%18.3%38.8%0.0%13.2%1.8%-35.1K522.1K-3.8K0.00110.4800111687
2012-07-11$27.11$30.0032.6%7.3%18.2%37.0%0.0%9.2%7.1%-37.7K529.5K-3.7K0.00108.0300111687
2012-07-12$27.05$30.0026.4%7.6%17.5%20.8%0.0%12.5%6.7%-36.9K544.3K-3.8K0.00108.8500111687
2012-07-13$27.69$30.0026.3%7.5%18.9%20.6%0.0%4.0%-2.8%-35.2K467.6K-3.6K0.00101.3750111687
2012-07-16$27.44$30.0026.1%7.5%19.4%20.1%0.0%3.8%1.3%-34.3K460.9K-3.6K0.00112.7700116687
2012-07-17$27.67$30.0022.6%6.5%19.4%11.1%0.0%6.1%8.6%-34.0K455.9K-3.5K0.00113.8900116687
2012-07-18$27.58$30.0022.7%6.5%18.4%11.2%0.0%5.0%7.5%-33.5K430.9K-3.4K0.00112.5700116687
2012-07-19$27.19$30.0022.7%6.5%19.1%11.2%0.0%1.6%5.6%-37.0K484.0K-3.5K0.00111.1300116687
2012-07-20$26.89$30.0031.4%9.0%17.7%33.8%21.9%7.4%-1.0%-38.4K535.4K-3.7K0.00108.12200116687
2012-07-23$26.64$30.0030.9%8.9%17.9%32.5%0.0%4.8%0.2%-38.5K568.3K-3.6K0.00110.4400109682
2012-07-24$26.54$30.0030.5%8.8%17.5%31.6%0.0%3.8%0.3%-41.0K596.3K-3.6K0.00109.5200109682
2012-07-25$26.86$30.0023.3%6.7%17.9%12.8%0.0%-1.0%4.7%-39.7K531.7K-3.5K0.00111.8200109682
2012-07-26$27.03$30.0023.9%6.9%16.3%14.4%0.0%2.4%4.3%-38.8K502.1K-3.4K0.00111.1100109682
2012-07-27$27.64$30.0020.0%5.7%18.0%4.2%21.7%5.0%-2.3%-34.7K440.8K-3.3K0.00111.8602109682
2012-07-30$27.52$25.0025.7%7.4%16.7%19.1%0.0%4.2%-4.3%-36.6K410.5K-3.2K0.00112.8000109680
2012-07-31$27.51$25.0023.8%6.8%16.4%14.3%0.0%0.1%-7.2%-37.5K416.1K-3.2K0.00112.8200109680