CBU Options History — February 2014

In February 2014, CBU traded between $33.74 and $36.43. ATM implied volatility averaged 22.0%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 0.5% (HV 20d: 22.4%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-02-24: Highest Volume — 32 contracts
  • 2014-02-12: Largest IV spike — 8.9% change
  • 2014-02-27: Highest IV Rank — 51.1%
  • 2014-02-27: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.72$33.74$36.43$34.23$36.43
Max Pain$36.05$35.00$40.00$40.00$35.00
ATM IV22.0%20.0%23.1%21.9%22.4%
Expected Move6.4%6.2%6.6%6.3%6.4%
HV 20d22.4%20.4%26.9%21.1%26.1%
HV 60d20.2%19.4%21.3%21.2%21.2%
IV Rank45.8%36.2%51.1%45.4%47.9%
IV Percentile80.6%55.6%92.9%79.8%86.1%
Term Structure-0.3%-2.1%1.2%0.9%-0.7%
VWIV23.3%21.6%28.9%28.9%22.6%
Skew 25d6.2%-2.9%36.7%0.9%2.0%
Skew 10d9.9%-4.1%47.3%-0.2%7.5%
Call IV 25d22.3%20.5%24.4%23.7%20.5%
Put IV 25d28.5%18.4%60.4%24.6%22.5%
Bid-Ask Spread %99.3597.49103.1399.78102.03
Gamma HHI0.550.480.670.600.56
Net GEX13.0K5.6K25.0K6.0K24.3K
Net DEX29.8K-254.7K122.5K119.9K-254.7K
Net VEX-720-979-569-678-957
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume7.05303242
Total OI260.789214285254245

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-02-03$34.23$40.0021.9%6.3%21.1%45.4%0.0%0.9%0.9%6.0K119.9K-6780.0099.784018668
2014-02-04$34.53$40.0022.0%6.3%21.6%45.9%0.0%1.4%0.4%6.3K104.2K-6630.0098.420018266
2014-02-05$34.24$40.0022.2%6.4%20.6%46.8%28.9%1.3%-0.3%5.6K121.6K-5890.00100.2720018266
2014-02-06$34.39$40.0021.5%6.2%20.8%43.4%0.0%36.7%1.2%7.5K108.6K-6550.00103.1301219266
2014-02-07$34.36$35.0021.5%6.3%20.4%43.6%0.0%-2.4%-0.2%7.1K120.1K-5890.0098.7510019267
2014-02-10$34.51$35.0020.0%6.4%20.8%36.2%0.0%-1.5%-0.5%8.4K105.9K-6800.0098.470019967
2014-02-11$34.65$35.0021.0%6.5%21.0%41.3%0.0%-0.2%-1.2%9.2K83.0K-7350.0098.720019967
2014-02-12$34.41$35.0022.9%6.5%20.9%50.1%22.7%-1.1%-0.5%8.7K94.7K-6720.0097.4917019967
2014-02-13$34.49$35.0021.6%6.2%20.9%43.8%0.0%-1.4%0.1%11.6K84.2K-6960.0099.530221667
2014-02-14$34.48$35.0022.2%6.4%21.0%46.8%22.2%-0.8%-0.4%12.5K83.2K-7060.0098.595021667
2014-02-18$34.80$35.0021.7%6.2%21.2%44.4%0.0%-0.1%0.1%13.4K66.6K-7120.0098.212021667
2014-02-19$33.74$35.0022.7%6.5%22.1%49.0%0.0%-2.9%-0.2%9.6K122.5K-5690.00101.200021867
2014-02-20$34.35$35.0021.6%6.2%23.8%44.2%21.6%24.0%0.4%12.8K104.3K-6080.00100.865021666
2014-02-21$34.52$35.0021.6%6.2%23.5%44.0%21.6%23.8%0.7%14.7K87.4K-6510.0098.3820021666
2014-02-24$35.03$35.0022.6%6.5%24.1%48.6%22.6%1.5%-1.5%16.6K-86.5K-7670.0097.7132018628
2014-02-25$34.72$35.0023.0%6.6%24.1%50.4%0.0%1.0%-2.1%22.0K-108.0K-8360.0097.932021628
2014-02-26$35.79$35.0022.4%6.4%26.9%48.0%0.0%18.6%-0.9%24.7K-186.2K-9440.0098.521021628
2014-02-27$35.95$35.0023.1%6.6%25.8%51.1%0.0%17.1%-1.3%25.0K-205.5K-9790.0099.660021728
2014-02-28$36.43$35.0022.4%6.4%26.1%47.9%0.0%2.0%-0.7%24.3K-254.7K-9570.00102.032021728