CEG Options History — March 2023

In March 2023, CEG traded between $73.43 and $78.86. ATM implied volatility averaged 35.2%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 3.9% (HV 20d: 31.2%). Max pain ranged from $75.00 to $85.00. Net GEX was positive for 2 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 4.19.

Notable Days

  • 2023-03-29: Highest Volume — 6,845 contracts
  • 2023-03-10: Largest IV spike — 17.0% change
  • 2023-03-13: Highest IV Rank — 50.0%
  • 2023-03-15: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.72$73.43$78.86$74.59$78.33
Max Pain$78.91$75.00$85.00$85.00$75.00
ATM IV35.2%27.0%47.2%33.2%27.0%
Expected Move9.7%7.7%11.3%9.5%7.7%
HV 20d31.2%21.8%36.7%33.1%21.8%
HV 60d30.4%28.7%31.0%30.0%29.0%
IV Rank22.5%3.7%50.0%17.9%3.7%
IV Percentile22.7%0.4%64.3%13.9%0.4%
Term Structure3.3%0.6%6.5%0.6%6.5%
VWIV34.7%26.9%43.4%32.0%26.9%
Skew 25d5.4%2.0%7.9%5.0%5.2%
Skew 10d10.2%5.7%13.3%8.2%13.3%
Call IV 25d32.1%26.8%35.9%31.7%26.8%
Put IV 25d37.4%31.7%41.4%36.7%32.0%
Bid-Ask Spread %79.8463.6889.7480.4686.69
Gamma HHI0.270.130.510.230.24
Net GEX-1.0M-2.3M713.6K-1.7M713.6K
Net DEX18.5M-6.7M36.0M36.0M-6.7M
Net VEX-261.0K-293.8K-225.1K-257.5K-284.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.190.0439.270.380.10
Total Volume1,147.174556,84527955
Total OI28,172.52219,60833,79026,52333,103

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$74.59$85.0033.2%9.5%33.1%17.9%32.0%5.0%0.6%-1.7M36.0M-257.5K0.3880.46N/AN/A2027711,53214,991
2023-03-02$76.22$85.0032.0%9.2%34.3%15.3%32.1%3.2%1.4%-1.8M31.4M-260.4K1.7377.75N/AN/A7813511,58914,973
2023-03-03$78.61$80.0029.5%8.5%36.7%9.6%30.5%2.0%0.9%-1.8M20.1M-263.1K0.8678.93N/AN/A2,9972,57611,63115,047
2023-03-06$78.63$80.0031.4%8.8%36.4%13.9%33.4%3.8%3.5%-1.4M16.7M-293.8K0.2874.46N/AN/A2968414,51917,543
2023-03-07$77.86$80.0030.4%8.8%36.5%11.6%32.8%4.8%3.3%-1.6M21.2M-289.1K0.0476.11N/AN/A5231914,78817,598
2023-03-08$78.14$80.0032.6%9.0%34.1%16.7%33.2%4.7%3.4%-1.4M18.7M-282.8K8.5374.03N/AN/A1241,05815,02817,611
2023-03-09$78.86$80.0036.5%9.3%34.2%25.5%33.7%4.7%3.3%-1.3M14.7M-293.7K1.1877.74N/AN/A29534915,14018,147
2023-03-10$77.28$80.0042.7%10.6%34.7%39.7%40.6%5.3%2.1%-1.8M25.6M-287.7K9.6875.79N/AN/A2524215,20618,229
2023-03-13$77.34$80.0047.2%10.8%32.7%50.0%35.1%5.2%2.4%-2.0M28.5M-275.3K0.3263.68N/AN/A74424115,21118,209
2023-03-14$77.84$80.0043.5%10.0%33.0%41.5%34.2%5.9%2.8%-1.9M24.6M-279.7K0.5772.58N/AN/A1719715,56418,226
2023-03-15$77.03$80.0039.5%11.3%33.0%32.3%37.6%5.8%2.2%-2.3M31.9M-264.1K15.2381.40N/AN/A2639615,56218,153
2023-03-16$78.32$80.0034.7%9.9%33.8%21.4%35.7%6.3%3.1%-1.6M21.7M-267.0K3.5982.55N/AN/A3412215,57917,997
2023-03-17$76.79$80.0037.6%10.8%34.2%28.0%36.2%7.9%2.5%-332.3K31.5M-248.3K0.6476.30N/AN/A1086915,58517,992
2023-03-20$77.09$80.0037.4%10.7%34.4%27.6%35.9%7.5%2.0%-365.5K10.8M-231.3K0.5180.11N/AN/A110568,20311,405
2023-03-21$76.76$80.0033.5%9.6%29.7%18.7%32.6%3.4%5.0%-391.4K9.9M-232.4K0.3882.66N/AN/A69268,26711,454
2023-03-22$75.23$80.0036.1%10.3%28.3%24.5%36.5%6.6%3.2%-493.0K13.8M-230.6K0.5184.63N/AN/A6993538,29811,477
2023-03-23$73.51$75.0035.8%10.3%28.4%23.9%43.4%5.1%3.1%-526.8K17.6M-225.1K9.7781.29N/AN/A1041,0168,88511,808
2023-03-24$73.43$75.0034.5%9.9%28.4%21.0%33.6%7.3%5.2%-697.8K18.7M-234.5K0.7186.22N/AN/A2281638,91712,815
2023-03-27$75.13$75.0034.8%10.0%29.8%21.6%39.2%7.8%4.7%-599.8K14.1M-239.6K1.0685.59N/AN/A1,4511,5359,01812,948
2023-03-28$75.21$75.0034.1%9.8%24.0%20.1%33.4%4.7%4.0%-536.6K11.1M-240.2K0.1183.53N/AN/A8199,84314,460
2023-03-29$75.74$75.0032.4%9.3%24.1%16.0%33.4%7.1%4.0%-501.8K9.9M-243.6K0.9289.74N/AN/A3,5683,2779,88514,461
2023-03-30$76.62$75.0032.4%9.3%23.2%16.2%36.9%4.5%6.1%275.8K2.7M-278.4K39.2784.16N/AN/A622,43513,36217,709
2023-03-31$78.33$75.0027.0%7.7%21.8%3.7%26.9%5.2%6.5%713.6K-6.7M-284.3K0.1086.69N/AN/A50513,38519,718