CEG Options History — February 2022

In February 2022, CEG traded between $43.29 and $45.60. ATM implied volatility averaged 45.1%, placing in the 68.7% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded below realized volatility by 14.2% (HV 20d: 59.3%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 5 of 5 trading days. Term structure was in contango for 3 of 5 days. Put/call ratio averaged 1.23.

Notable Days

2022-02-28: Highest Volume — 254 contracts
2022-02-28: Largest IV spike — 19.4% change
2022-02-24: Highest IV Rank — 77.9%
2022-02-24: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.13	$43.29	$45.60	$43.79	$45.60
Max Pain	$45.00	$45.00	$45.00	$45.00	$45.00
ATM IV	45.1%	40.8%	49.8%	43.3%	48.6%
Expected Move	12.9%	11.7%	14.3%	12.4%	13.9%
HV 20d	59.3%	59.0%	59.6%	59.0%	59.6%
HV 60d	37.2%	36.9%	37.5%	37.3%	37.5%
IV Rank	68.7%	60.3%	77.9%	65.2%	75.7%
IV Percentile	95.5%	93.7%	97.2%	95.2%	96.4%
Term Structure	-1.1%	-6.3%	2.2%	2.1%	-5.0%
VWIV	46.8%	41.6%	51.7%	45.3%	49.8%
Skew 25d	0.0%	-2.3%	3.9%	-1.3%	-2.3%
Skew 10d	2.8%	-5.4%	14.1%	-2.2%	14.1%
Call IV 25d	46.7%	43.3%	51.2%	45.0%	51.2%
Put IV 25d	46.7%	41.5%	53.0%	43.7%	48.9%
Bid-Ask Spread %	81.87	75.38	86.77	75.38	79.48
Gamma HHI	0.50	0.45	0.58	0.49	0.58
Net GEX	29.2K	20.5K	45.2K	25.7K	45.2K
Net DEX	-257.7K	-538.9K	-119.4K	-173.2K	-538.9K
Net VEX	-4.9K	-5.8K	-4.0K	-4.0K	-5.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.23	0.88	1.66	1.08	1.51
Total Volume	188.4	125	254	223	254
Total OI	778.4	669	859	669	859

Daily Data (5 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-02-22	$43.79	$45.00	43.3%	12.4%	59.0%	65.2%	45.3%	-1.3%	2.1%	25.7K	-173.2K	-4.0K	1.08	75.38	N/A	N/A	107	116	522	147
2022-02-23	$43.29	$45.00	42.8%	12.3%	59.2%	64.3%	45.8%	1.5%	1.4%	20.5K	-119.4K	-4.5K	1.66	82.69	N/A	N/A	47	78	573	192
2022-02-24	$43.96	$45.00	49.8%	14.3%	59.2%	77.9%	51.7%	3.9%	-6.3%	28.4K	-230.3K	-4.9K	1.03	85.04	N/A	N/A	76	78	580	204
2022-02-25	$44.02	$45.00	40.8%	11.7%	59.3%	60.3%	41.6%	-1.8%	2.2%	26.3K	-226.9K	-5.1K	0.88	86.77	N/A	N/A	99	87	611	204
2022-02-28	$45.60	$45.00	48.6%	13.9%	59.6%	75.7%	49.8%	-2.3%	-5.0%	45.2K	-538.9K	-5.8K	1.51	79.48	N/A	N/A	101	153	645	214