CBU Options History — April 2024

In April 2024, CBU traded between $41.80 and $47.16. ATM implied volatility averaged 56.1%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 20.1% (HV 20d: 36.0%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-04-16: Highest Volume — 40 contracts
  • 2024-04-15: Largest IV spike — 44.6% change
  • 2024-04-09: Highest IV Rank — 43.4%
  • 2024-04-03: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.38$41.80$47.16$47.16$43.39
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV56.1%39.3%80.2%58.0%63.4%
Expected Move14.4%10.0%19.3%16.6%18.2%
HV 20d36.0%33.2%42.1%34.8%33.5%
HV 60d35.3%33.5%36.8%33.5%35.0%
IV Rank24.7%11.6%43.4%26.1%30.4%
IV Percentile64.4%17.5%92.9%75.4%81.3%
Term Structure-13.2%-30.7%1.9%-11.0%-30.7%
VWIV41.9%30.8%52.3%38.9%39.3%
Skew 25d8.9%-7.2%27.4%2.0%6.1%
Skew 10d16.5%-41.0%44.5%12.9%16.2%
Call IV 25d63.9%36.0%103.6%82.8%90.7%
Put IV 25d72.8%43.6%125.2%84.7%96.8%
Bid-Ask Spread %119.22107.46127.15124.48126.50
Gamma HHI0.330.300.370.360.37
Net GEX80-6.2K6.7K6.7K-5.3K
Net DEX-45.8K-233.6K175.3K-233.6K14.7K
Net VEX-2.5K-2.9K-1.9K-2.9K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.001.001.000.00
Total Volume4.40904021
Total OI485.409462531462497

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$47.16$45.0058.0%16.6%34.8%26.1%0.0%2.0%-11.0%6.7K-233.6K-2.9K1.00124.4811212250
2024-04-02$46.08$45.0060.3%17.3%35.8%27.9%0.0%-0.5%-18.6%3.8K-183.5K-2.7K0.00126.7100213250
2024-04-03$46.21$45.0067.5%19.3%33.5%33.5%0.0%5.0%-20.6%4.3K-174.2K-2.9K0.00127.1500213250
2024-04-04$45.66$45.0068.7%10.6%33.2%34.5%0.0%15.6%-3.2%5.5K-144.8K-2.8K0.00109.7000213250
2024-04-05$45.28$45.0065.9%10.3%33.2%32.3%0.0%8.3%1.9%2.6K-102.6K-2.7K0.00116.2700213250
2024-04-08$45.89$45.0056.3%10.3%33.7%24.8%0.0%7.0%-4.1%1.6K-217.6K-2.3K0.00110.73010213250
2024-04-09$46.74$45.0080.2%10.0%34.4%43.4%38.9%3.2%-1.9%1.5K-212.8K-2.6K0.00118.3901213260
2024-04-10$43.48$45.0046.0%13.2%42.1%16.8%43.6%27.4%-19.2%-1.1K52.4K-2.9K0.00114.4002213261
2024-04-11$43.58$45.0043.7%12.5%42.0%15.0%39.4%26.7%-16.3%-3.7K4.6K-2.5K0.00113.6403213262
2024-04-12$43.02$45.0039.3%11.3%38.2%11.6%46.9%19.3%-12.5%-4.5K81.7K-2.5K0.20108.96102213265
2024-04-15$42.22$45.0056.8%16.3%37.7%25.2%30.8%15.0%-4.3%-3.6K149.7K-2.5K1.00120.3211223265
2024-04-16$41.80$45.0055.4%15.9%37.8%24.1%49.7%15.7%-13.3%-6.2K175.3K-2.2K1.00119.492020224266
2024-04-17$41.89$45.0043.0%12.3%37.8%14.4%0.0%5.3%-3.5%-2.9K162.3K-2.4K0.00115.0000244286
2024-04-18$42.77$45.0050.7%14.5%35.1%20.5%52.3%1.0%-9.7%-4.4K79.8K-2.6K0.00121.2801244286
2024-04-19$43.99$45.0054.0%15.5%36.9%23.1%0.0%0.3%-19.8%-1.4K96.5K-2.8K0.00120.1000244287
2024-04-22$44.59$45.0058.1%16.7%36.6%26.2%36.3%9.8%-27.8%301-102.7K-2.6K0.00107.46120220256
2024-04-23$44.45$45.0053.7%15.4%36.5%22.8%0.0%4.9%-13.9%4.3K-122.2K-2.9K0.00125.8200230256
2024-04-24$44.96$45.0043.6%12.5%36.8%14.9%39.3%-7.2%-1.6%6.2K-167.3K-2.5K0.00120.28010230256
2024-04-25$44.53$45.0054.0%15.5%34.6%23.1%0.0%4.5%-17.4%-1.7K-65.3K-2.2K0.00125.4600230266
2024-04-26$44.63$45.0055.7%16.0%34.0%24.4%0.0%4.7%-16.8%-2.6K-89.0K-1.9K0.00125.1300230266
2024-04-29$44.01$45.0060.9%17.5%34.0%28.4%0.0%21.6%-27.1%2.2K-8.9K-2.3K0.00125.6401230266
2024-04-30$43.39$45.0063.4%18.2%33.5%30.4%0.0%6.1%-30.7%-5.3K14.7K-2.1K0.00126.5001230267