CEG Options History — January 2026

In January 2026, CEG traded between $279.88 and $367.36. ATM implied volatility averaged 49.0%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded below realized volatility by 4.4% (HV 20d: 53.4%). Max pain ranged from $325.00 to $350.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.13.

Notable Days

  • 2026-01-16: Highest Volume — 52,305 contracts
  • 2026-01-20: Largest IV spike — 9.4% change
  • 2026-01-20: Highest IV Rank — 29.5%
  • 2026-01-20: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$315.96$279.88$367.36$367.36$279.88
Max Pain$339.50$325.00$350.00$325.00$325.00
ATM IV49.0%41.8%55.5%41.8%53.3%
Expected Move14.5%12.0%16.0%12.0%15.0%
HV 20d53.4%50.6%59.3%51.0%53.5%
HV 60d49.7%48.0%53.0%48.8%49.1%
IV Rank17.9%5.1%29.5%5.1%25.5%
IV Percentile43.2%11.9%71.0%11.9%63.5%
Term Structure0.6%-2.9%6.3%0.5%-2.1%
VWIV50.6%41.9%56.0%41.9%52.4%
Skew 25d2.0%-2.9%4.1%4.1%2.8%
Skew 10d6.5%-10.1%21.8%20.3%-3.7%
Call IV 25d48.1%39.7%55.8%39.7%52.4%
Put IV 25d50.0%43.8%57.8%43.8%55.2%
Bid-Ask Spread %58.2644.8169.9266.3355.05
Gamma HHI0.070.050.110.090.08
Net GEX-16.6M-32.6M24.4M24.4M-28.5M
Net DEX210.8M-876.9M776.2M-876.9M748.4M
Net VEX-6.7M-8.1M-5.7M-5.7M-8.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.701.691.061.12
Total Volume15,519.957,78752,30519,7269,273
Total OI177,570.3141,802206,623172,692186,930

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$367.36$325.0041.8%12.0%51.0%5.1%41.9%4.1%0.5%24.4M-876.9M-5.7M1.0666.33N/AN/A9,58410,14273,83898,854
2026-01-05$356.24$340.0042.9%13.2%51.9%7.1%47.0%3.4%0.8%5.3M-589.7M-6.0M1.4560.26N/AN/A5,8748,50872,998100,176
2026-01-06$355.13$350.0043.1%13.5%51.3%7.5%46.9%2.3%0.6%1.2M-554.9M-6.1M1.2769.92N/AN/A3,4314,35675,615105,167
2026-01-07$336.22$350.0044.9%13.6%54.8%10.6%47.7%2.1%-0.0%-17.7M-82.5M-6.0M1.1359.88N/AN/A4,9615,59777,016106,774
2026-01-08$323.71$350.0045.0%14.0%56.1%10.8%48.9%2.2%0.8%-25.6M240.9M-6.0M0.8761.23N/AN/A9,2268,02178,718109,339
2026-01-09$340.51$350.0044.9%14.0%59.3%10.6%49.1%2.8%0.7%-14.7M-280.2M-6.3M1.0962.92N/AN/A7,4718,14580,471111,604
2026-01-12$335.77$350.0045.6%14.0%56.9%11.8%49.9%-2.9%3.6%-9.8M-190.3M-6.2M1.3663.03N/AN/A7,1579,73078,841109,198
2026-01-13$333.87$350.0044.9%13.9%50.9%10.7%48.5%0.5%3.2%-17.0M-104.8M-6.6M0.7963.73N/AN/A4,8353,81181,462116,452
2026-01-14$329.77$350.0046.8%14.2%50.6%13.9%49.8%1.3%2.7%-24.8M15.2M-6.7M1.1665.36N/AN/A3,9894,60982,718118,130
2026-01-15$340.47$350.0047.4%14.8%50.9%15.1%51.1%2.0%6.3%-10.0M-304.1M-6.9M0.7064.20N/AN/A5,8574,12183,607120,153
2026-01-16$308.71$350.0050.8%15.2%55.5%21.0%53.1%0.5%3.2%-32.6M576.6M-6.5M1.6963.76N/AN/A19,47332,83285,433121,190
2026-01-20$292.61$340.0055.5%16.0%53.3%29.5%56.0%2.5%-1.1%-20.6M664.9M-6.6M1.6051.76N/AN/A8,73013,94056,38185,421
2026-01-21$294.13$340.0055.4%15.9%53.4%29.2%55.1%1.3%-1.0%-23.8M670.6M-7.3M0.7952.56N/AN/A6,4485,08560,98494,346
2026-01-22$288.75$330.0053.7%15.4%53.5%26.2%53.3%1.0%-0.4%-27.0M776.2M-7.2M0.8949.15N/AN/A5,8545,23363,97296,048
2026-01-23$288.61$330.0052.6%15.0%53.0%24.2%51.9%2.7%0.5%-31.8M749.5M-7.2M1.0444.81N/AN/A6,5066,73666,27395,487
2026-01-26$285.22$330.0052.5%14.8%52.6%24.1%51.0%3.5%-2.9%-20.1M735.0M-7.1M1.1153.11N/AN/A5,7696,41761,83894,146
2026-01-27$287.91$330.0052.5%14.8%53.2%24.0%52.6%2.9%-0.5%-19.7M663.2M-7.3M1.3551.10N/AN/A5,1476,92864,39897,355
2026-01-28$287.00$325.0053.4%15.6%53.0%25.7%53.3%1.0%-1.1%-19.5M673.7M-7.5M0.9655.78N/AN/A4,4544,28967,484100,968
2026-01-29$287.36$325.0053.7%15.2%53.2%26.3%53.1%3.7%-2.2%-20.5M685.7M-7.6M1.1751.18N/AN/A12,82315,03768,948102,673
2026-01-30$279.88$325.0053.3%15.0%53.5%25.5%52.4%2.8%-2.1%-28.5M748.4M-8.1M1.1255.05N/AN/A4,3824,89179,087107,843