CBU Options History — March 2025

In March 2025, CBU traded between $56.47 and $63.87. ATM implied volatility averaged 44.1%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 19.2% (HV 20d: 24.8%). Max pain ranged from $55.00 to $65.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-03-03: Highest Volume — 42 contracts
  • 2025-03-28: Largest IV spike — 20.6% change
  • 2025-03-31: Highest IV Rank — 27.2%
  • 2025-03-14: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.28$56.47$63.87$63.87$56.89
Max Pain$61.88$55.00$65.00$55.00$65.00
ATM IV44.1%36.8%52.3%46.6%52.3%
Expected Move12.3%7.1%22.5%13.4%7.3%
HV 20d24.8%21.8%26.2%21.9%25.4%
HV 60d28.0%25.5%30.4%28.6%25.6%
IV Rank19.9%14.8%27.2%21.1%27.2%
IV Percentile51.9%29.0%72.2%57.9%72.2%
Term Structure-12.1%-25.2%1.8%-12.5%-21.3%
VWIV33.5%26.5%41.9%41.9%26.5%
Skew 25d-7.8%-24.3%3.1%1.1%-20.4%
Skew 10d-15.2%-37.8%4.6%-18.3%-32.9%
Call IV 25d54.7%42.9%69.9%60.5%69.9%
Put IV 25d46.9%31.7%61.6%61.6%49.6%
Bid-Ask Spread %118.48111.33126.27123.84113.82
Gamma HHI0.300.210.400.320.40
Net GEX-517-3.4K1.1K-3.4K-669
Net DEX30.8K-53.6K83.3K-14.8K72.6K
Net VEX-1.0K-1.3K-835-868-877
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.952042420
Total OI113.7628511785116

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$63.87$0.0046.6%13.4%21.9%21.1%0.0%1.1%-12.5%-3.4K-14.8K-8680.00123.844204243
2025-03-04$61.58$0.0049.1%14.1%24.9%22.9%0.0%-18.1%-12.0%1.1K-53.6K-1.3K0.00123.94006943
2025-03-05$60.16$0.0048.0%13.8%23.5%22.1%0.0%1.1%-0.9%675-27.6K-1.3K0.00125.05006943
2025-03-06$59.68$0.0050.7%14.6%23.0%24.1%0.0%0.6%-1.2%691-20.6K-1.3K0.00124.98056943
2025-03-07$59.54$0.0051.5%14.8%21.8%24.7%41.9%0.3%1.8%701-7.2K-1.2K0.00122.49096944
2025-03-10$56.88$55.0047.7%13.7%25.8%21.9%0.0%3.1%-19.8%-8847.8K-1.1K0.00123.64016945
2025-03-11$56.91$55.0039.7%19.7%26.0%15.9%0.0%0.6%-5.0%-46154.1K-1.1K0.00124.67016946
2025-03-12$57.24$55.0042.8%19.8%25.8%18.2%0.0%-16.2%-14.8%-83849.3K-1.1K0.00126.27006947
2025-03-13$56.47$55.0039.3%20.8%24.0%15.6%0.0%-18.6%-9.5%-79373.8K-9810.00125.27006947
2025-03-14$56.78$55.0041.2%22.5%24.2%17.0%0.0%-15.1%-13.8%-89454.5K-1.0K0.00125.24006947
2025-03-17$57.40$65.0042.6%8.1%25.0%19.4%0.0%-11.4%-11.4%-71952.4K-1.0K0.00111.33006947
2025-03-18$57.72$65.0039.7%8.5%24.9%17.1%0.0%-9.8%-13.0%-75236.2K-1.1K0.00112.79006947
2025-03-19$58.48$65.0038.2%9.0%25.6%15.9%32.1%-2.2%-12.8%-70522.7K-1.1K0.00111.91026947
2025-03-20$57.60$65.0039.1%8.6%25.2%16.6%0.0%-10.1%-15.4%-94835.4K-1.0K0.00113.63006948
2025-03-21$57.26$65.0036.8%8.2%25.0%14.8%0.0%-10.0%-9.7%-67359.8K-9660.00112.10006948
2025-03-24$58.34$65.0040.2%8.2%26.2%17.5%0.0%-4.3%-16.9%-82025.4K-1.0K0.00113.32016947
2025-03-25$58.32$65.0042.2%7.6%26.0%19.1%26.5%0.4%-10.3%-56238.7K-9840.00113.87016947
2025-03-26$57.99$65.0043.1%9.0%26.0%19.8%0.0%-0.1%-10.4%-35924.0K-1.0K0.00113.05006947
2025-03-27$57.84$65.0042.9%8.8%25.8%19.6%0.0%-9.5%-19.7%-62439.8K-9770.00114.42006947
2025-03-28$56.89$65.0051.7%7.1%26.1%26.7%0.0%-24.3%-25.2%-76383.3K-8350.00112.55006947
2025-03-31$56.89$65.0052.3%7.3%25.4%27.2%0.0%-20.4%-21.3%-66972.6K-8770.00113.82006947