CEG Options History — April 2009

In April 2009, CEG traded between $20.96 and $24.08. ATM implied volatility averaged 54.4%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 4.5% (HV 20d: 49.8%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.15.

Notable Days

  • 2009-04-01: Highest Volume — 11,332 contracts
  • 2009-04-09: Largest IV spike — 38.3% change
  • 2009-04-01: Highest IV Rank — 18.5%
  • 2009-04-01: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.62$20.96$24.08$20.96$24.08
Max Pain$21.79$20.00$22.50$22.50$22.50
ATM IV54.4%40.5%64.9%64.9%40.5%
Expected Move16.3%11.6%18.6%18.6%11.6%
HV 20d49.8%43.8%57.6%57.6%44.8%
HV 60d55.0%52.4%57.1%52.4%57.1%
IV Rank14.0%7.9%18.5%18.5%7.9%
IV Percentile67.7%37.7%78.2%78.2%37.7%
Term Structure-0.2%-4.1%8.2%8.2%5.7%
VWIV58.1%49.1%68.4%58.9%49.1%
Skew 25d15.5%7.3%23.1%15.0%13.5%
Skew 10d30.2%3.9%46.6%33.4%30.5%
Call IV 25d48.1%40.0%58.5%58.5%40.0%
Put IV 25d63.6%50.9%74.0%73.5%53.5%
Bid-Ask Spread %24.0613.5642.6014.5439.21
Gamma HHI0.490.200.890.550.34
Net GEX1.1M-537.0K3.7M-537.0K532.7K
Net DEX-19.2M-44.3M8.9M8.9M-20.8M
Net VEX-134.8K-165.3K-113.0K-149.8K-124.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.025.140.020.03
Total Volume2,225.66753211,33211,3321,582
Total OI56,266.42928,33377,75462,18034,146

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$20.96$22.5064.9%18.6%57.6%18.5%58.9%15.0%8.2%-537.0K8.9M-149.8K0.0214.54N/AN/A11,12720528,78233,398
2009-04-02$21.77$22.5050.2%14.4%53.2%12.2%50.4%8.7%7.4%234.5K-7.1M-165.3K0.2314.12N/AN/A3,15873138,16933,474
2009-04-03$22.61$22.5047.9%16.8%50.5%11.1%61.7%13.8%-1.4%837.0K-24.4M-164.5K2.0520.73N/AN/A24750640,81633,820
2009-04-06$22.11$22.5052.3%17.2%52.4%13.1%68.4%10.0%-1.8%628.4K-15.3M-161.7K2.8523.35N/AN/A1,3243,76940,95534,120
2009-04-07$21.94$22.5043.2%16.7%52.9%9.1%64.7%7.3%0.1%811.0K-13.7M-158.4K0.5024.47N/AN/A87543441,99235,504
2009-04-08$22.92$22.5041.9%16.6%53.8%8.5%64.2%9.9%-1.2%1.5M-31.8M-149.5K0.9133.64N/AN/A90682041,63535,010
2009-04-09$23.20$20.0058.0%16.6%52.8%15.5%55.5%20.2%-2.7%2.1M-37.2M-142.5K0.2021.91N/AN/A54710842,22935,324
2009-04-13$22.92$20.0059.9%17.2%51.0%16.4%61.4%19.4%-4.1%2.4M-34.6M-135.8K3.3622.35N/AN/A12241042,28835,342
2009-04-14$22.11$20.0061.0%17.5%53.6%16.9%62.9%15.0%-3.2%1.6M-15.1M-137.6K0.4823.76N/AN/A1,06250542,33635,418
2009-04-15$23.06$20.0059.0%16.9%52.4%16.0%62.9%20.8%-2.8%2.7M-37.9M-129.0K0.7836.64N/AN/A2,1841,69941,58835,077
2009-04-16$23.01$20.0059.6%17.1%47.2%16.2%59.6%23.1%-2.8%3.2M-44.3M-122.4K0.1142.60N/AN/A3,42137641,59334,999
2009-04-17$22.90$20.0057.0%16.3%46.1%15.1%56.7%19.8%-0.7%3.7M-42.0M-123.4K5.1413.56N/AN/A2431,25041,29435,226
2009-04-20$21.70$22.5060.3%17.3%50.7%16.5%61.4%19.6%-2.8%184.3K-6.0M-113.0K1.0117.73N/AN/A69370317,92610,407
2009-04-21$22.52$22.5058.0%16.6%48.9%15.6%57.9%18.0%-2.5%219.6K-8.8M-121.9K0.1514.96N/AN/A1,16817718,54810,789
2009-04-22$22.44$22.5056.0%16.1%48.5%14.7%55.8%17.5%-1.9%267.7K-9.7M-120.2K0.7016.92N/AN/A91064119,33210,842
2009-04-23$22.89$22.5056.9%16.3%48.7%15.0%53.6%16.1%-1.4%319.0K-11.8M-123.4K2.9319.21N/AN/A20058620,03910,942
2009-04-24$23.01$22.5052.6%15.1%47.1%13.2%52.7%13.7%1.7%331.5K-12.0M-123.7K0.1023.90N/AN/A5164920,13811,452
2009-04-27$23.05$22.5055.1%15.8%45.6%14.3%55.2%14.5%0.8%358.6K-12.4M-121.4K0.1023.45N/AN/A7067420,47211,458
2009-04-28$22.55$22.5052.6%15.1%44.2%13.2%52.5%13.3%1.4%435.1K-12.1M-120.5K0.1719.85N/AN/A62110621,04911,010
2009-04-29$23.31$22.5054.6%15.7%43.8%14.1%54.0%17.1%0.4%506.9K-15.7M-122.6K2.3638.43N/AN/A5881,39021,57511,081
2009-04-30$24.08$22.5040.5%11.6%44.8%7.9%49.1%13.5%5.7%532.7K-20.8M-124.8K0.0339.21N/AN/A1,5433922,08812,058