CBU Options History — May 2024

In May 2024, CBU traded between $44.36 and $48.52. ATM implied volatility averaged 61.3%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 36.3% (HV 20d: 25.0%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2024-05-23: Highest Volume — 16 contracts
  • 2024-05-22: Largest IV spike — 94.4% change
  • 2024-05-14: Highest IV Rank — 92.6%
  • 2024-05-03: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.69$44.36$48.52$44.58$45.64
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV61.3%24.6%143.3%64.3%56.2%
Expected Move12.0%7.0%19.3%18.4%16.1%
HV 20d25.0%19.0%36.8%35.1%22.4%
HV 60d31.8%30.0%35.8%35.3%30.3%
IV Rank28.8%0.1%92.6%31.0%24.7%
IV Percentile58.3%0.4%99.2%81.7%69.4%
Term Structure-4.9%-27.9%18.1%-21.8%-11.8%
VWIV33.9%21.5%62.1%62.1%23.2%
Skew 25d16.3%-8.6%40.6%4.5%40.6%
Skew 10d6.3%-41.0%70.3%19.6%-18.3%
Call IV 25d41.5%21.0%91.1%91.1%36.8%
Put IV 25d57.7%32.2%95.6%95.6%77.3%
Bid-Ask Spread %126.61117.92131.47126.15130.25
Gamma HHI0.360.300.440.370.32
Net GEX7.9K28815.6K5.6K1.9K
Net DEX-178.1K-530.5K32.1K-80.9K6.2K
Net VEX-1.9K-2.5K-1.3K-1.4K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.005.000.000.00
Total Volume3.409016100
Total OI453.136332533498363

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$44.58$45.0064.3%18.4%35.1%31.0%62.1%4.5%-21.8%5.6K-80.9K-1.4K0.00126.15010230268
2024-05-02$45.00$45.0048.9%14.0%35.1%19.0%30.9%20.2%6.0%288-86.4K-2.5K0.00119.40100230278
2024-05-03$46.03$45.0067.4%19.3%35.9%33.5%0.0%7.2%-20.3%7.9K-225.8K-1.8K0.00117.9201240277
2024-05-06$47.27$45.0073.7%9.8%36.8%38.4%0.0%9.2%-0.1%6.8K-231.2K-2.3K0.00127.5800240278
2024-05-07$47.02$45.0077.9%9.0%36.4%41.7%0.0%15.8%-1.3%7.9K-253.6K-2.5K0.00119.9900240278
2024-05-08$46.78$45.0080.9%11.0%24.4%44.0%21.5%11.0%-0.8%6.2K-191.1K-2.0K0.00128.89100240278
2024-05-09$47.18$45.0086.7%11.9%24.5%48.5%0.0%19.8%-6.5%9.4K-261.4K-2.3K0.00127.9900250278
2024-05-10$47.16$45.0090.7%8.7%23.7%51.7%0.0%29.3%-8.5%9.9K-266.6K-2.4K0.00125.2900250278
2024-05-13$47.13$45.00124.1%12.5%22.2%77.7%0.0%21.5%-12.4%10.4K-305.7K-2.1K0.00129.6400250278
2024-05-14$47.50$45.00143.3%9.0%21.4%92.6%31.9%3.9%3.5%10.0K-315.3K-2.2K0.33120.0931250278
2024-05-15$47.83$45.0026.8%7.7%21.4%1.8%0.0%17.9%18.1%11.0K-300.8K-2.0K0.00131.3301253279
2024-05-16$48.20$45.0025.7%7.4%20.7%1.0%0.0%14.9%15.5%8.2K-324.6K-2.0K0.00131.4700253280
2024-05-17$48.52$45.0024.6%7.0%19.0%0.1%23.2%5.7%13.1%15.6K-530.5K-1.9K0.00121.8420253280
2024-05-20$48.11$45.0026.8%7.7%19.3%1.8%0.0%17.6%14.8%15.5K-167.8K-1.5K5.00130.66210178154
2024-05-21$48.45$45.0024.6%7.1%19.1%0.1%0.0%7.2%10.2%12.0K-176.0K-1.9K0.00130.5700180164
2024-05-22$47.38$45.0047.9%13.7%21.1%18.3%0.0%21.2%-12.2%9.6K-119.4K-2.0K0.00130.2003180164
2024-05-23$46.52$45.0048.7%14.0%22.0%18.9%0.0%30.0%-12.7%7.9K-73.2K-2.0K0.00127.97016180167
2024-05-24$46.15$45.0048.9%14.0%22.3%19.1%0.0%-0.3%-14.1%7.0K-36.3K-2.0K0.00127.0700180183
2024-05-28$45.39$45.0053.3%15.3%22.5%22.5%0.0%37.7%-20.0%6.3K-33.9K-1.7K0.00126.9100180183
2024-05-29$44.36$45.0053.2%15.3%23.5%22.4%0.0%31.6%-27.9%3.0K23.1K-1.6K0.00127.4160180183
2024-05-30$45.08$45.0054.8%15.7%22.2%23.6%0.0%-8.6%-19.3%2.0K32.1K-1.5K0.00126.8100180183
2024-05-31$45.64$45.0056.2%16.1%22.4%24.7%0.0%40.6%-11.8%1.9K6.2K-1.3K0.00130.2500180183