CEG Options History — October 2025

In October 2025, CEG traded between $350.26 and $403.88. ATM implied volatility averaged 56.3%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 10.8% (HV 20d: 45.5%). Max pain ranged from $310.00 to $340.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.00.

Notable Days

  • 2025-10-03: Highest Volume — 22,012 contracts
  • 2025-10-03: Largest IV spike — 8.5% change
  • 2025-10-16: Highest IV Rank — 41.8%
  • 2025-10-29: Largest Expected Move — 18.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$376.20$350.26$403.88$350.26$380.39
Max Pain$320.76$310.00$340.00$327.50$340.00
ATM IV56.3%46.0%61.5%46.0%58.0%
Expected Move16.2%13.2%18.2%13.5%17.9%
HV 20d45.5%37.7%52.8%42.2%52.5%
HV 60d38.1%35.6%41.7%35.8%41.5%
IV Rank32.8%15.1%41.8%15.1%35.8%
IV Percentile75.7%40.1%88.9%40.1%80.6%
Term Structure-1.0%-4.1%3.7%3.3%-0.7%
VWIV57.0%46.7%64.4%47.4%64.0%
Skew 25d2.6%-1.4%4.8%2.3%3.8%
Skew 10d6.7%-4.2%24.3%23.8%11.0%
Call IV 25d55.2%44.5%60.9%44.9%56.2%
Put IV 25d57.8%46.8%63.7%47.2%60.0%
Bid-Ask Spread %52.3639.7263.5846.6447.00
Gamma HHI0.050.040.120.070.05
Net GEX17.1M-5.5M32.6M20.1M-4.6M
Net DEX-1.27B-1.94B-509.4M-950.8M-1.10B
Net VEX-7.2M-7.8M-6.6M-6.6M-7.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.531.640.931.32
Total Volume12,570.9137,85122,01211,74810,040
Total OI178,397.565163,092195,598163,092195,598

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$350.26$327.5046.0%13.5%42.2%15.1%47.4%2.3%3.3%20.1M-950.8M-6.6M0.9346.64N/AN/A6,0805,66865,71297,380
2025-10-02$354.17$330.0046.5%13.2%42.2%16.0%46.7%2.3%2.8%25.1M-1.05B-6.6M0.9139.72N/AN/A4,5464,15567,55398,939
2025-10-03$362.60$330.0050.4%14.1%40.1%22.7%50.6%1.5%3.7%32.6M-1.22B-6.7M0.5840.38N/AN/A13,9518,06168,69299,478
2025-10-06$363.08$310.0053.3%15.1%40.1%27.6%53.2%2.1%-0.3%17.3M-1.11B-6.8M1.2754.20N/AN/A4,6695,93567,64695,599
2025-10-07$359.06$310.0053.9%15.0%40.7%28.8%52.7%2.8%-1.7%15.5M-1.02B-6.9M1.2551.64N/AN/A3,4964,35569,58297,643
2025-10-08$371.06$310.0054.5%15.3%37.7%29.7%53.9%1.7%-0.3%20.7M-1.28B-6.9M0.5852.14N/AN/A12,5857,34070,60099,858
2025-10-09$385.88$310.0056.1%15.6%39.0%32.4%54.7%2.4%-0.7%28.0M-1.64B-7.1M0.5351.20N/AN/A6,0983,25676,445102,404
2025-10-10$371.99$310.0059.6%16.5%42.1%38.5%57.6%-1.4%-2.5%21.7M-1.31B-7.4M1.1963.58N/AN/A6,5077,73978,764104,600
2025-10-13$384.86$310.0058.6%16.3%43.0%36.8%57.4%4.4%-2.0%21.6M-1.54B-7.0M0.7156.52N/AN/A4,9933,52574,85298,693
2025-10-14$388.76$310.0058.8%16.4%41.9%37.0%57.7%-0.2%-1.1%25.2M-1.64B-7.0M1.0060.96N/AN/A4,7384,74876,846100,459
2025-10-15$403.88$320.0059.9%16.6%42.8%39.0%59.2%2.5%-1.9%27.1M-1.94B-7.0M0.5851.57N/AN/A10,8916,36178,557103,007
2025-10-16$397.12$320.0061.5%17.3%43.9%41.8%60.6%3.6%-1.1%28.4M-1.78B-7.3M0.8156.79N/AN/A6,5805,33581,044106,068
2025-10-17$387.51$320.0057.8%16.4%45.2%35.4%57.4%2.6%-1.1%30.3M-1.52B-7.3M1.0253.97N/AN/A7,0917,25680,355108,048
2025-10-20$370.32$320.0056.6%16.1%46.9%33.3%57.1%1.7%-2.6%5.2M-962.3M-7.2M1.6462.28N/AN/A6,86511,25470,20696,265
2025-10-21$356.72$320.0057.0%16.3%48.3%34.0%57.3%1.8%-2.7%-4.2M-622.6M-7.4M1.1651.44N/AN/A5,7426,66873,220102,255
2025-10-22$350.66$320.0059.5%17.1%48.8%38.4%59.6%4.5%-4.1%-5.5M-509.4M-7.4M1.6356.74N/AN/A5,2168,48474,710103,552
2025-10-23$365.37$320.0057.1%16.5%48.1%34.2%57.7%4.0%-2.0%2.5M-853.5M-7.5M0.7353.35N/AN/A4,8403,51176,455105,747
2025-10-24$389.81$320.0056.7%16.6%52.4%33.5%57.4%3.9%-4.0%26.3M-1.48B-7.3M0.5651.30N/AN/A10,4345,84578,527106,679
2025-10-27$389.16$330.0056.8%17.1%52.5%33.7%60.0%3.2%-1.2%17.1M-1.41B-7.3M1.2147.38N/AN/A5,5146,68777,700102,433
2025-10-28$384.87$330.0057.8%17.4%52.3%35.4%61.7%4.3%-1.0%14.4M-1.29B-7.7M0.9950.75N/AN/A6,4846,41279,861105,831
2025-10-29$400.75$330.0059.4%18.2%50.0%38.1%64.4%4.8%-1.2%20.5M-1.64B-7.6M0.7952.76N/AN/A4,6733,70481,941109,057
2025-10-30$384.32$330.0058.3%17.8%52.8%36.2%62.2%0.4%-0.4%8.1M-1.26B-7.8M1.5251.91N/AN/A4,2906,50983,067111,216
2025-10-31$380.39$340.0058.0%17.9%52.5%35.8%64.0%3.8%-0.7%-4.6M-1.10B-7.8M1.3247.00N/AN/A4,3225,71882,544113,054