CBU Options History — February 2024

In February 2024, CBU traded between $42.78 and $46.23. ATM implied volatility averaged 55.8%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 19.7% (HV 20d: 36.1%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-02-23: Highest Volume — 30 contracts
  • 2024-02-26: Largest IV spike — 47.9% change
  • 2024-02-01: Highest IV Rank — 25.8%
  • 2024-02-28: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.71$42.78$46.23$45.47$45.34
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV55.8%39.9%70.5%70.0%62.7%
Expected Move15.0%11.4%18.4%13.9%18.0%
HV 20d36.1%27.3%44.4%28.7%37.1%
HV 60d32.9%28.5%33.8%33.0%31.7%
IV Rank16.6%6.7%25.8%25.8%20.8%
IV Percentile69.2%21.4%91.7%90.5%83.3%
Term Structure-14.0%-30.0%1.9%-5.7%-17.8%
VWIV53.4%50.6%56.1%56.1%50.6%
Skew 25d-11.2%-52.3%14.9%5.4%-52.3%
Skew 10d-19.4%-71.9%36.7%30.5%-20.6%
Call IV 25d70.5%54.2%90.1%66.6%88.0%
Put IV 25d59.3%29.8%94.2%72.0%35.7%
Bid-Ask Spread %117.13103.83124.89119.64121.38
Gamma HHI0.510.300.660.660.44
Net GEX3.7K-5.3K13.1K12.8K-3.9K
Net DEX-17.0K-119.9K69.8K-100.0K48.0K
Net VEX-743-828-651-700-721
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.6503010
Total OI327107484431151

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$45.47$45.0070.0%13.9%28.7%25.8%0.0%5.4%-5.7%12.8K-100.0K-7000.00119.6401204227
2024-02-02$45.24$45.0056.7%14.4%28.7%17.2%0.0%10.3%-4.5%12.7K-107.3K-7380.00118.9940204228
2024-02-05$44.47$45.0064.5%13.7%28.1%22.0%0.0%4.8%-14.4%11.2K-91.4K-7220.00115.3100208228
2024-02-06$43.96$45.0070.5%14.2%27.6%25.7%0.0%10.9%-15.4%9.8K-60.0K-7630.00122.8403208238
2024-02-07$43.50$45.0050.2%14.4%27.3%13.2%0.0%5.1%-14.6%7.1K-20.4K-6820.00114.2100208240
2024-02-08$43.91$45.0052.3%15.0%28.0%14.5%0.0%8.2%-14.4%8.5K-60.1K-7320.00113.2900208240
2024-02-09$44.83$45.0047.4%13.6%29.6%11.5%0.0%14.9%-9.9%11.4K-81.0K-6990.00114.00015208240
2024-02-12$45.89$45.0053.8%15.4%31.2%15.4%56.1%2.1%-14.4%12.1K-101.3K-8280.00116.85100208255
2024-02-13$42.78$45.0053.0%15.2%39.0%15.0%0.0%-8.0%-22.3%3.9K1.9K-7650.00123.2000218255
2024-02-14$44.53$45.0054.3%15.6%42.1%15.7%50.6%4.0%-22.8%11.3K-108.1K-7980.00123.88011218255
2024-02-15$46.23$45.0060.0%17.2%44.4%19.1%0.0%0.2%-26.2%13.1K-119.9K-7960.00118.9300218266
2024-02-16$45.84$45.0051.6%14.8%43.4%13.9%0.0%-5.3%-10.0%-4.2K25.4K-6680.00121.0805218266
2024-02-20$45.23$45.0040.6%11.6%42.0%7.1%0.0%-25.4%0.1%-5.3K62.6K-6510.00120.881402681
2024-02-21$44.86$45.0039.9%11.4%41.3%6.7%0.0%-35.3%1.9%-4.5K57.1K-7660.00112.83004081
2024-02-22$44.45$45.0058.2%16.7%41.2%18.0%0.0%-47.5%-16.8%-3.6K57.5K-8030.00110.78004081
2024-02-23$44.47$45.0042.5%12.2%41.2%8.3%0.0%-30.6%-3.7%-5.0K66.1K-7710.00103.830304081
2024-02-26$44.17$45.0062.9%18.0%40.6%20.9%0.0%-38.8%-30.0%-3.8K60.9K-7300.00110.050040111
2024-02-27$44.47$45.0060.5%17.3%40.6%19.4%0.0%-49.9%-21.0%-3.9K59.7K-7170.00115.830040111
2024-02-28$44.64$45.0064.3%18.4%40.6%21.7%0.0%4.1%-18.9%-4.9K69.8K-8180.00124.890040111
2024-02-29$45.34$45.0062.7%18.0%37.1%20.8%0.0%-52.3%-17.8%-3.9K48.0K-7210.00121.380040111