CBU Options History — December 2024

In December 2024, CBU traded between $60.73 and $69.80. ATM implied volatility averaged 41.6%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 7.1% (HV 20d: 34.5%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days.

Notable Days

  • 2024-12-18: Highest Volume — 1 contracts
  • 2024-12-11: Largest IV drop — 47.0% change
  • 2024-12-10: Highest IV Rank — 23.9%
  • 2024-12-30: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.47$60.73$69.80$69.80$61.70
Max Pain$66.36$65.00$70.00$70.00$65.00
ATM IV41.6%29.2%55.1%39.6%48.2%
Expected Move10.9%8.4%13.9%11.4%13.8%
HV 20d34.5%23.6%58.4%57.5%33.8%
HV 60d43.6%42.2%45.2%42.2%45.1%
IV Rank13.4%3.7%23.9%11.8%18.5%
IV Percentile39.2%3.2%70.6%35.7%56.3%
Term Structure-7.2%-19.8%2.7%-10.9%-10.7%
VWIV29.7%29.7%29.7%29.7%29.7%
Skew 25d-1.4%-15.8%1.2%-11.8%1.1%
Skew 10d2.0%-39.4%7.8%7.8%6.1%
Call IV 25d50.4%37.4%65.4%54.7%65.4%
Put IV 25d49.0%38.1%66.4%42.8%66.4%
Bid-Ask Spread %121.60113.91124.76122.42124.76
Gamma HHI0.270.250.280.270.27
Net GEX43.9K35.7K50.8K43.6K41.3K
Net DEX-927.5K-1.3M-521.9K-1.3M-521.9K
Net VEX-3.7K-4.4K-2.9K-4.4K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0480100
Total OI443.476443445443444

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$69.80$70.0039.6%11.4%57.5%11.8%0.0%-11.8%-10.9%43.6K-1.3M-4.4K0.00122.4200322121
2024-12-03$68.09$70.0042.4%12.1%58.4%14.0%0.0%-11.1%-17.1%42.0K-1.2M-4.3K0.00117.3800322121
2024-12-04$69.18$70.0042.0%12.1%58.1%13.7%0.0%-15.8%-18.7%43.0K-1.3M-4.3K0.00113.9100322121
2024-12-05$68.74$0.0042.5%8.6%32.5%14.1%0.0%0.7%1.0%44.2K-1.2M-4.2K0.00121.3700322121
2024-12-06$68.61$0.0047.3%9.3%27.4%17.8%0.0%0.9%-0.6%44.8K-1.2M-4.2K0.00120.9900322121
2024-12-09$67.66$0.0051.2%8.4%27.1%20.9%0.0%0.8%-1.6%47.9K-1.2M-4.0K0.00121.2000322121
2024-12-10$68.17$0.0055.1%9.0%24.5%23.9%0.0%0.8%-0.4%46.7K-1.2M-4.0K0.00121.2800322121
2024-12-11$68.83$0.0029.2%8.4%23.6%3.7%0.0%0.7%1.6%45.2K-1.3M-4.0K0.00121.9600322121
2024-12-12$67.44$0.0033.8%9.7%24.4%7.3%0.0%-0.5%2.7%44.5K-1.1M-4.0K0.00120.6600322121
2024-12-13$66.43$0.0032.8%9.4%24.9%6.5%0.0%0.5%1.6%45.6K-1.0M-4.0K0.00122.0800322121
2024-12-16$67.14$0.0034.1%9.8%25.3%7.5%0.0%0.7%1.6%50.8K-1.1M-3.7K0.00122.6300322121
2024-12-17$65.24$0.0036.8%10.5%27.0%9.6%0.0%0.2%-7.9%45.2K-934.6K-3.8K0.00121.6300322121
2024-12-18$60.73$0.0046.6%13.4%36.5%17.3%29.7%-2.6%-19.8%35.7K-559.4K-3.5K0.00117.7001322121
2024-12-19$61.59$65.0039.2%11.2%37.0%11.5%0.0%0.7%-5.1%37.4K-635.0K-3.6K0.00122.1100322123
2024-12-20$62.87$65.0037.9%10.9%36.5%10.4%0.0%1.0%-7.2%39.9K-670.8K-3.6K0.00122.4200322123
2024-12-23$62.41$65.0043.1%12.4%34.5%14.6%0.0%0.9%-6.0%40.8K-618.6K-3.4K0.00123.1900321123
2024-12-24$62.66$65.0038.8%11.1%33.9%11.2%0.0%1.0%-18.4%50.0K-669.2K-3.0K0.00123.3400321123
2024-12-26$63.27$65.0040.7%11.7%33.1%12.7%0.0%1.1%-17.0%47.8K-705.8K-3.1K0.00124.4200321123
2024-12-27$61.91$65.0043.6%12.5%33.7%14.9%0.0%1.0%-6.7%41.8K-549.7K-3.0K0.00123.4800321123
2024-12-30$62.32$65.0048.6%13.9%33.9%18.8%0.0%1.2%-11.1%43.5K-576.7K-3.0K0.00124.7400321123
2024-12-31$61.70$65.0048.2%13.8%33.8%18.5%0.0%1.1%-10.7%41.3K-521.9K-2.9K0.00124.7600321123