CBU Options History — November 2024

In November 2024, CBU traded between $60.73 and $72.12. ATM implied volatility averaged 46.7%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded below realized volatility by 12.2% (HV 20d: 58.8%). Max pain ranged from $50.00 to $70.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 3.08.

Notable Days

2024-11-06: Highest Volume — 41 contracts
2024-11-13: Largest IV drop — 64.2% change
2024-11-12: Highest IV Rank — 54.9%
2024-11-01: Largest Expected Move — 14.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.29	$60.73	$72.12	$61.14	$69.62
Max Pain	$68.75	$50.00	$70.00	$50.00	$70.00
ATM IV	46.7%	31.0%	94.8%	50.9%	36.6%
Expected Move	9.7%	7.8%	14.6%	14.6%	10.5%
HV 20d	58.8%	39.8%	65.3%	40.4%	57.6%
HV 60d	40.2%	30.4%	42.5%	30.4%	42.3%
IV Rank	17.3%	5.1%	54.9%	20.7%	9.5%
IV Percentile	39.6%	6.0%	96.0%	57.1%	23.8%
Term Structure	-2.7%	-10.1%	6.6%	-10.1%	-6.9%
VWIV	34.8%	31.1%	38.5%	31.1%	38.5%
Skew 25d	-3.2%	-23.3%	4.4%	-23.3%	0.0%
Skew 10d	-1.0%	-29.3%	34.2%	-22.5%	-29.3%
Call IV 25d	43.7%	34.8%	70.4%	70.4%	51.6%
Put IV 25d	40.6%	29.4%	51.6%	47.1%	51.6%
Bid-Ask Spread %	120.20	113.96	123.61	113.96	122.46
Gamma HHI	0.26	0.22	0.30	0.22	0.27
Net GEX	42.2K	38.7K	52.2K	43.2K	41.9K
Net DEX	-1.5M	-2.1M	-1.1M	-1.2M	-1.3M
Net VEX	-4.4K	-4.7K	-3.9K	-4.3K	-4.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.08	0.00	14.00	0.00	0.00
Total Volume	7.65	0	41	9	0
Total OI	489.7	435	552	509	443

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-11-01	$61.14	$50.00	50.9%	14.6%	40.4%	20.7%	0.0%	-23.3%	-10.1%	43.2K	-1.2M	-4.3K	0.00	113.96	9	0	390	119
2024-11-04	$60.73	$0.00	57.9%	10.4%	39.8%	26.1%	0.0%	1.7%	-6.7%	44.7K	-1.1M	-4.1K	0.00	118.48	0	0	390	119
2024-11-05	$62.27	$0.00	59.5%	10.0%	40.5%	27.4%	0.0%	1.2%	0.9%	43.8K	-1.2M	-4.1K	0.00	119.67	3	0	390	119
2024-11-06	$71.22	$0.00	57.4%	7.8%	61.4%	25.7%	0.0%	3.8%	6.6%	40.7K	-2.1M	-3.9K	0.00	122.35	41	0	392	119
2024-11-07	$67.87	$0.00	59.3%	8.1%	64.5%	27.2%	31.1%	4.1%	-5.9%	52.2K	-1.8M	-4.0K	2.00	123.61	6	12	401	119
2024-11-08	$69.13	$70.00	63.6%	7.9%	63.9%	30.5%	0.0%	4.4%	2.0%	43.1K	-1.9M	-4.3K	14.00	122.75	1	14	397	131
2024-11-11	$71.33	$70.00	80.8%	8.8%	64.3%	43.9%	0.0%	0.6%	-5.8%	44.0K	-2.1M	-4.0K	0.25	123.05	12	3	398	145
2024-11-12	$69.75	$70.00	94.8%	9.2%	65.1%	54.9%	0.0%	-1.8%	-1.9%	41.4K	-1.9M	-4.4K	6.67	116.53	3	20	395	148
2024-11-13	$69.03	$70.00	34.0%	9.7%	65.2%	7.4%	0.0%	-2.6%	-2.7%	41.6K	-1.8M	-4.6K	0.00	117.54	1	0	398	153
2024-11-14	$68.77	$70.00	31.0%	8.9%	65.3%	5.1%	0.0%	-2.8%	-1.3%	43.6K	-1.8M	-4.6K	0.00	117.37	0	0	399	153
2024-11-15	$68.77	$70.00	32.0%	9.2%	64.3%	5.9%	0.0%	-2.6%	-1.9%	40.5K	-1.8M	-4.6K	0.00	116.91	0	0	399	153
2024-11-18	$68.27	$70.00	32.6%	9.3%	62.7%	6.3%	0.0%	-13.3%	-2.0%	40.5K	-1.2M	-4.5K	0.00	123.22	10	0	314	121
2024-11-19	$68.44	$70.00	33.4%	9.6%	62.0%	7.0%	0.0%	-3.2%	-3.1%	41.7K	-1.2M	-4.6K	0.00	116.83	0	0	320	121
2024-11-20	$67.50	$70.00	34.3%	9.8%	62.5%	7.7%	0.0%	-1.5%	0.9%	39.0K	-1.1M	-4.7K	0.00	116.51	0	0	320	121
2024-11-21	$69.22	$70.00	32.2%	9.2%	62.8%	6.0%	0.0%	-9.8%	-0.7%	40.5K	-1.3M	-4.6K	0.00	123.16	0	0	320	121
2024-11-22	$71.17	$70.00	34.6%	9.9%	61.5%	7.9%	0.0%	-6.9%	-1.8%	38.7K	-1.4M	-4.7K	0.00	123.60	0	0	320	121
2024-11-25	$72.12	$70.00	36.9%	10.6%	56.7%	9.7%	38.5%	-3.3%	-6.6%	40.0K	-1.5M	-4.2K	14.00	121.84	1	14	320	121
2024-11-26	$69.91	$70.00	34.9%	10.0%	58.2%	8.2%	0.0%	-9.1%	-1.9%	41.3K	-1.3M	-4.4K	0.00	122.25	2	0	320	121
2024-11-27	$69.58	$70.00	36.5%	10.5%	58.0%	9.4%	0.0%	1.2%	-5.3%	41.6K	-1.3M	-4.4K	0.00	121.92	1	0	322	121
2024-11-29	$69.62	$70.00	36.6%	10.5%	57.6%	9.5%	0.0%	0.0%	-6.9%	41.9K	-1.3M	-4.3K	0.00	122.46	0	0	322	121