CBU Options History — March 2026

In March 2026, CBU traded between $55.95 and $61.45. ATM implied volatility averaged 41.7%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 16.8% (HV 20d: 24.9%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.47.

Notable Days

2026-03-09: Highest Volume — 63 contracts
2026-03-27: Largest IV spike — 53.7% change
2026-03-09: Highest IV Rank — 44.2%
2026-03-04: Largest Expected Move — 14.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$58.12	$55.95	$61.45	$60.92	$58.59
Max Pain	$55.77	$50.00	$60.00	$60.00	$55.00
ATM IV	41.7%	21.8%	62.3%	46.3%	25.5%
Expected Move	10.9%	6.2%	14.2%	13.3%	7.3%
HV 20d	24.9%	22.9%	27.5%	27.5%	25.2%
HV 60d	26.3%	25.9%	27.1%	26.7%	26.6%
IV Rank	22.8%	2.0%	44.2%	27.6%	5.9%
IV Percentile	50.3%	0.4%	91.7%	72.2%	1.6%
Term Structure	-9.0%	-21.5%	3.1%	-10.5%	3.1%
VWIV	42.6%	35.6%	49.4%	42.3%	35.6%
Skew 25d	-2.8%	-26.9%	3.6%	-25.5%	1.3%
Skew 10d	-2.4%	-45.5%	7.1%	-41.2%	6.1%
Call IV 25d	56.4%	42.9%	68.0%	62.5%	68.0%
Put IV 25d	53.7%	37.0%	69.5%	37.0%	69.3%
Bid-Ask Spread %	83.65	48.13	128.41	127.75	56.95
Gamma HHI	0.39	0.33	0.44	0.42	0.38
Net GEX	8.5K	6.2K	10.6K	10.3K	10.5K
Net DEX	-94.8K	-184.8K	-197	-167.1K	-144.1K
Net VEX	-1.3K	-1.4K	-1.2K	-1.4K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.00	1.67	0.00	0.00
Total Volume	6.1	0	63	2	0
Total OI	210.95	149	255	149	255

Daily Data (21 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
2026-03-02	$60.92	$60.00	46.3%	13.3%	27.5%	27.6%	0.0%	-25.5%	-10.5%	10.3K	-167.1K	-1.4K	0.00	127.75	2	0	89	60
2026-03-03	$60.96	$60.00	48.1%	13.8%	25.5%	29.4%	0.0%	-26.9%	-12.4%	10.1K	-181.5K	-1.4K	0.00	127.16	0	0	89	60
2026-03-04	$61.45	$60.00	49.5%	14.2%	25.8%	30.9%	0.0%	-24.4%	-16.7%	10.6K	-184.8K	-1.4K	0.00	128.41	0	0	89	60
2026-03-05	$60.10	$0.00	51.3%	10.4%	25.5%	32.7%	0.0%	1.1%	-5.6%	9.6K	-144.5K	-1.4K	0.00	124.44	0	0	89	60
2026-03-06	$59.02	$0.00	59.0%	9.6%	25.7%	40.8%	0.0%	0.9%	0.3%	8.9K	-102.7K	-1.3K	0.00	124.99	0	1	89	60
2026-03-09	$58.58	$0.00	62.3%	10.0%	24.6%	44.2%	0.0%	0.9%	-4.5%	8.8K	-85.5K	-1.3K	0.00	125.32	0	63	89	61
2026-03-10	$58.66	$0.00	62.0%	10.1%	24.4%	44.0%	0.0%	0.8%	-4.5%	8.8K	-86.8K	-1.3K	0.00	124.69	0	0	89	124
2026-03-11	$57.30	$0.00	42.1%	12.1%	25.2%	23.2%	0.0%	0.3%	-9.5%	7.1K	-54.7K	-1.2K	0.00	124.72	0	2	89	124
2026-03-12	$57.35	$0.00	39.9%	0.0%	25.3%	20.9%	0.0%	0.8%	-7.2%	6.7K	-60.9K	-1.2K	0.00	48.13	0	0	89	126
2026-03-13	$0.00	$0.00	37.9%	0.0%	25.3%	18.8%	0.0%	0.0%	0.0%	7.1K	-64.6K	-1.3K	0.00	0.00	0	0	0	0
2026-03-16	$57.53	$0.00	38.0%	12.1%	25.3%	18.9%	42.3%	-0.4%	-11.7%	8.0K	-63.7K	-1.3K	1.67	58.67	3	5	89	126
2026-03-17	$56.89	$60.00	48.2%	10.6%	25.2%	29.5%	46.1%	3.6%	-5.0%	7.6K	-21.2K	-1.3K	1.50	63.16	6	9	92	131
2026-03-18	$55.95	$55.00	44.9%	13.5%	25.3%	26.1%	39.8%	2.1%	-16.8%	6.2K	-197	-1.2K	0.10	55.71	10	1	98	140
2026-03-19	$56.09	$50.00	49.7%	11.7%	25.5%	31.1%	49.4%	1.6%	-4.9%	7.2K	-56.3K	-1.3K	0.00	63.47	12	0	108	140
2026-03-20	$56.28	$50.00	28.4%	11.1%	23.9%	8.9%	0.0%	1.1%	-6.0%	8.0K	-66.4K	-1.4K	0.00	53.64	0	0	110	140
2026-03-24	$57.17	$55.00	32.5%	13.2%	24.1%	13.2%	0.0%	1.3%	-12.2%	8.9K	-91.7K	-1.4K	0.00	53.19	2	0	110	138
2026-03-25	$57.28	$55.00	32.3%	12.0%	23.8%	13.0%	35.6%	1.4%	-8.2%	8.9K	-98.9K	-1.4K	0.00	53.73	0	2	112	138
2026-03-26	$57.89	$55.00	21.8%	6.2%	22.9%	2.0%	0.0%	1.5%	-17.2%	9.2K	-116.4K	-1.4K	0.00	53.11	0	0	112	140
2026-03-27	$56.81	$55.00	33.5%	9.6%	23.5%	14.2%	0.0%	1.3%	-8.4%	7.8K	-83.6K	-1.4K	0.00	51.81	0	1	112	140
2026-03-30	$57.61	$55.00	23.3%	6.7%	24.1%	3.6%	0.0%	1.7%	-21.5%	8.6K	-116.0K	-1.4K	0.00	53.95	3	0	112	140
2026-03-31	$58.59	$55.00	25.5%	7.3%	25.2%	5.9%	0.0%	1.3%	3.1%	10.5K	-144.1K	-1.4K	0.00	56.95	0	0	115	140