CEG Options History — February 2026

In February 2026, CEG traded between $246.20 and $328.50. ATM implied volatility averaged 54.8%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 2.3% (HV 20d: 52.4%). Max pain ranged from $290.00 to $325.00. Net GEX was positive for 8 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.86.

Notable Days

  • 2026-02-06: Highest Volume — 30,296 contracts
  • 2026-02-24: Largest IV drop — 9.3% change
  • 2026-02-04: Highest IV Rank — 38.1%
  • 2026-02-04: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$286.70$246.20$328.50$270.44$328.50
Max Pain$296.05$290.00$325.00$325.00$290.00
ATM IV54.8%50.1%60.4%53.4%50.7%
Expected Move15.6%14.5%17.8%14.9%14.5%
HV 20d52.4%46.6%58.4%51.0%53.2%
HV 60d51.0%48.8%52.4%48.8%52.4%
IV Rank28.1%19.8%38.1%25.7%21.0%
IV Percentile68.0%46.8%89.3%64.3%49.2%
Term Structure-0.6%-3.4%2.9%0.9%2.9%
VWIV54.3%48.9%60.5%52.4%48.9%
Skew 25d4.6%-0.1%7.3%-0.1%3.8%
Skew 10d9.0%-6.3%27.8%4.6%21.1%
Call IV 25d52.4%46.8%58.7%53.7%46.9%
Put IV 25d56.9%50.7%62.8%53.6%50.7%
Bid-Ask Spread %66.8456.1975.7756.1958.29
Gamma HHI0.050.040.070.060.05
Net GEX-2.1M-21.1M24.7M-20.8M23.0M
Net DEX246.9M-886.8M1.16B901.5M-886.8M
Net VEX-8.7M-9.7M-7.1M-7.5M-9.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.171.421.420.59
Total Volume15,848.7896,45130,29615,06216,542
Total OI204,713.263178,100224,162178,100216,952

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$270.44$325.0053.4%14.9%51.0%25.7%52.4%-0.1%0.9%-20.8M901.5M-7.5M1.4256.19N/AN/A6,2338,82974,475103,625
2026-02-03$266.44$320.0055.5%16.4%50.7%29.5%54.5%1.2%-3.3%-21.1M925.2M-7.7M0.9160.28N/AN/A5,9895,42378,077105,774
2026-02-04$249.92$320.0060.4%17.8%53.4%38.1%60.5%6.6%-3.4%-20.7M1.16B-7.1M1.3870.77N/AN/A11,50115,84879,801107,821
2026-02-05$246.20$300.0059.2%16.3%51.5%35.9%56.1%4.0%0.3%-20.9M1.16B-7.2M0.7665.67N/AN/A6,9935,30083,346111,075
2026-02-06$262.38$290.0056.9%16.0%57.9%31.8%55.1%6.9%-2.5%-18.6M812.7M-8.0M0.1769.42N/AN/A25,9214,37587,395110,552
2026-02-09$272.24$290.0055.2%15.5%56.2%28.9%54.3%7.3%-0.5%-9.2M581.7M-8.3M0.5769.42N/AN/A8,5674,89588,147109,587
2026-02-10$272.38$300.0055.6%15.4%56.3%29.6%53.7%4.3%-1.7%-7.7M563.3M-8.3M0.6973.53N/AN/A7,8765,43090,684111,123
2026-02-11$276.88$290.0056.3%15.5%57.1%30.8%54.4%5.5%-1.9%-4.2M455.1M-8.6M0.9172.22N/AN/A3,3863,06595,689112,952
2026-02-12$276.61$290.0055.9%15.4%57.2%30.2%53.5%6.1%-1.4%-3.2M465.4M-8.7M1.1375.77N/AN/A5,7406,46996,768114,144
2026-02-13$288.96$290.0055.6%15.5%58.4%29.6%54.3%3.4%-2.0%4.7M59.9M-9.0M1.0571.15N/AN/A12,17212,82498,329115,211
2026-02-17$300.11$290.0055.9%16.0%50.0%30.2%55.8%3.8%-1.4%3.3M-90.9M-9.2M1.0173.59N/AN/A10,83310,91295,051116,354
2026-02-18$294.58$290.0054.4%15.6%46.6%27.4%54.8%3.9%-1.3%637.8K70.1M-9.2M0.7774.72N/AN/A5,6544,37899,305120,462
2026-02-19$290.90$290.0054.4%15.6%46.8%27.5%54.3%4.0%-1.2%-1.8M173.1M-9.2M1.0074.00N/AN/A4,1884,204100,522121,808
2026-02-20$295.13$290.0053.8%15.5%46.6%26.5%54.5%2.8%-1.4%6.1M37.9M-9.1M0.8073.53N/AN/A3,8273,069102,034122,128
2026-02-23$293.97$290.0055.6%16.4%46.6%29.6%56.9%7.2%0.6%-5.9M155.3M-9.0M0.8258.75N/AN/A9,2567,61480,570110,950
2026-02-24$311.57$290.0050.4%14.7%50.5%20.4%51.6%6.5%2.2%9.2M-307.0M-9.3M0.6858.68N/AN/A16,50311,25886,956115,685
2026-02-25$326.81$290.0051.0%14.8%52.8%21.5%52.7%7.2%1.0%22.0M-832.3M-9.6M0.8356.32N/AN/A10,3348,55494,205115,959
2026-02-26$323.22$290.0050.1%14.8%53.1%19.8%53.4%2.2%2.0%24.7M-716.1M-9.7M0.8157.63N/AN/A3,9573,20896,381119,655
2026-02-27$328.50$290.0050.7%14.5%53.2%21.0%48.9%3.8%2.9%23.0M-886.8M-9.6M0.5958.29N/AN/A10,4056,13796,179120,773