CIGI Options History — July 2021

In July 2021, CIGI traded between $108.94 and $129.47. ATM implied volatility averaged 40.7%. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 17.0% (HV 20d: 23.8%). Max pain ranged from $100.00 to $130.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.08.

Notable Days

  • 2021-07-14: Highest Volume — 27 contracts
  • 2021-07-13: Largest IV spike — 43.4% change
  • 2021-07-30: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$115.30$108.94$129.47$112.42$128.41
Max Pain$123.81$100.00$130.00$100.00$125.00
ATM IV40.7%28.4%50.7%38.4%50.7%
Expected Move11.9%8.1%14.5%11.0%14.5%
HV 20d23.8%19.4%31.5%20.4%31.5%
Term Structure-3.1%-15.8%10.0%1.5%-15.8%
VWIV41.4%24.8%47.9%31.4%47.7%
Skew 25d2.7%-9.2%16.1%6.5%3.2%
Skew 10d1.3%-14.4%20.9%20.9%-2.4%
Call IV 25d41.8%30.6%52.5%30.6%51.1%
Put IV 25d44.5%34.6%54.3%37.1%54.3%
Bid-Ask Spread %90.3180.88106.1399.6680.88
Gamma HHI0.250.160.410.350.24
Net GEX-85-6.2K9.4K6.0K1.3K
Net DEX32.4K-99.0K134.4K-23.2K-80.8K
Net VEX-540-736-294-294-621
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.004.000.000.13
Total Volume4.61902729
Total OI57.8129822969

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$112.42$100.0038.4%11.0%0.0%0.0%31.4%6.5%1.5%6.0K-23.2K-2940.0099.66N/AN/A20209
2021-07-02$113.53$100.0028.4%8.1%20.4%0.0%0.0%-8.6%10.0%9.4K-36.2K-3084.00106.13N/AN/A14229
2021-07-06$111.84$120.0029.7%10.5%20.3%0.0%40.1%9.2%1.9%6.0K-5.8K-3340.0082.74N/AN/A062313
2021-07-07$111.01$130.0038.6%10.6%19.7%0.0%0.0%0.9%2.4%3.8K40.0K-3890.0086.50N/AN/A302319
2021-07-08$109.62$130.0035.4%10.8%19.4%0.0%0.0%3.0%0.7%1.8K54.9K-4060.0084.56N/AN/A002619
2021-07-09$111.47$130.0036.3%10.7%20.4%0.0%0.0%3.3%0.4%4.7K36.9K-4300.0088.89N/AN/A012719
2021-07-12$112.75$130.0029.6%11.4%20.5%0.0%24.8%1.9%-1.7%5.9K31.8K-4280.0087.84N/AN/A062720
2021-07-13$110.08$130.0042.4%11.0%19.5%0.0%0.0%5.5%-2.7%1.4K62.2K-4051.0089.31N/AN/A222726
2021-07-14$109.38$130.0043.2%12.4%19.5%0.0%39.8%11.2%-2.2%-1.8K78.5K-4371.7086.02N/AN/A10172728
2021-07-15$108.94$125.0040.7%11.7%19.5%0.0%0.0%0.9%-3.0%-3.5K134.4K-6960.0093.97N/AN/A003745
2021-07-16$112.63$125.0041.4%11.9%23.2%0.0%0.0%10.7%-4.2%-5.2K87.8K-7360.0090.62N/AN/A003745
2021-07-19$110.94$125.0044.3%12.7%23.7%0.0%46.5%7.8%-2.8%-5.8K103.7K-7010.0092.35N/AN/A052043
2021-07-20$113.28$125.0044.8%12.8%23.8%0.0%43.6%5.9%-5.7%-6.2K103.9K-7070.0093.34N/AN/A102045
2021-07-21$117.76$125.0041.7%12.0%27.8%0.0%0.0%16.1%-3.4%-3.8K51.5K-7230.0095.98N/AN/A002045
2021-07-22$117.92$125.0043.6%12.5%27.3%0.0%47.9%4.4%-5.9%-3.6K44.2K-6780.0099.92N/AN/A072045
2021-07-23$117.88$125.0042.4%12.2%27.2%0.0%0.0%-9.2%-2.0%-4.1K24.9K-6750.0096.55N/AN/A002048
2021-07-26$118.21$125.0042.8%12.3%26.2%0.0%0.0%-9.1%-6.7%-4.8K47.5K-6010.0081.48N/AN/A001948
2021-07-27$120.83$125.0048.9%14.0%27.1%0.0%47.0%0.6%-11.4%-3.5K26.1K-6470.0083.85N/AN/A301948
2021-07-28$123.00$125.0045.7%13.1%27.3%0.0%44.1%-0.0%-5.3%-2.4K-2.3K-6103.0091.78N/AN/A261948
2021-07-29$129.47$125.0046.5%13.3%31.1%0.0%42.5%-7.4%-9.1%2.4K-99.0K-5211.0084.14N/AN/A552248
2021-07-30$128.41$125.0050.7%14.5%31.5%0.0%47.7%3.2%-15.8%1.3K-80.8K-6210.1380.88N/AN/A812445