CIGI Options History — February 2022

In February 2022, CIGI traded between $136.55 and $156.59. ATM implied volatility averaged 37.1%, placing in the 46.7% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 8.6% (HV 20d: 28.5%). Max pain ranged from $135.00 to $145.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 1.35.

Notable Days

  • 2022-02-22: Highest Volume — 626 contracts
  • 2022-02-09: Largest IV drop — 33.1% change
  • 2022-02-07: Highest IV Rank — 100.0%
  • 2022-02-02: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$148.32$136.55$156.59$147.68$136.55
Max Pain$139.74$135.00$145.00$140.00$145.00
ATM IV37.1%21.6%62.2%50.5%34.6%
Expected Move9.8%6.2%15.0%14.5%9.9%
HV 20d28.5%22.0%35.3%29.2%35.3%
HV 60d29.7%28.3%31.5%29.3%30.8%
IV Rank46.7%10.6%100.0%81.4%39.1%
IV Percentile64.7%13.2%100.0%95.1%69.4%
Term Structure2.4%-6.4%12.5%-3.8%5.4%
VWIV36.2%19.7%61.9%59.9%32.7%
Skew 25d6.7%-1.6%16.0%16.0%5.6%
Skew 10d11.8%-1.5%32.5%32.5%7.2%
Call IV 25d34.5%23.2%55.1%49.2%34.1%
Put IV 25d41.2%23.9%67.3%65.2%39.8%
Bid-Ask Spread %92.1568.10106.9784.31106.68
Gamma HHI0.230.160.350.170.28
Net GEX4.3K-185.6K130.7K23.8K-145.4K
Net DEX-184.8K-1.9M4.1M-980.3K4.1M
Net VEX-10.4K-16.7K-8.1K-8.6K-13.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.546.110.612.29
Total Volume283.632218626284293
Total OI510.316267758413691

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$147.68$140.0050.5%14.5%29.2%81.4%59.9%16.0%-3.8%23.8K-980.3K-8.6K0.6184.31N/AN/A176108225188
2022-02-02$150.23$140.0052.5%15.0%29.7%86.3%61.9%12.3%-6.2%25.2K-1.2M-8.5K0.6379.40N/AN/A176110225192
2022-02-03$149.59$135.0053.2%12.1%27.4%88.0%46.5%6.7%-1.5%24.5K-1.2M-8.4K0.6969.58N/AN/A176122226194
2022-02-04$149.39$135.0054.7%13.0%27.4%91.6%46.8%10.1%-6.4%13.8K-842.5K-10.6K0.6968.10N/AN/A176121226246
2022-02-07$150.39$135.0058.5%12.8%27.4%100.0%46.5%10.3%-6.0%17.4K-1.0M-10.1K0.6977.96N/AN/A176121226247
2022-02-08$153.35$135.0062.2%12.2%24.9%100.0%46.1%7.2%-1.3%20.3K-1.2M-10.0K0.6683.39N/AN/A176116226249
2022-02-09$155.35$135.0041.6%11.9%22.0%54.6%41.5%5.8%-3.0%22.8K-1.5M-9.7K0.5483.64N/AN/A17695226249
2022-02-10$154.86$135.0030.1%8.6%22.0%29.2%30.2%7.8%4.6%45.0K-1.7M-9.1K0.7185.14N/AN/A13495228255
2022-02-11$150.20$135.0028.8%8.3%24.7%26.4%34.1%6.0%8.8%56.3K-1.3M-9.4K0.8093.74N/AN/A12197237249
2022-02-14$150.64$135.0028.7%8.2%23.4%26.1%32.6%2.3%9.1%56.8K-1.3M-9.0K0.8392.02N/AN/A121101238254
2022-02-15$150.65$135.0024.5%7.0%23.4%16.9%19.7%4.1%10.8%84.1K-1.4M-8.7K0.8697.81N/AN/A121104236259
2022-02-16$156.59$145.0022.1%6.3%26.4%11.5%25.5%-1.6%12.5%75.0K-1.9M-8.5K0.85105.67N/AN/A121103236262
2022-02-17$150.47$145.0021.6%6.2%31.0%10.6%21.9%4.5%7.9%109.4K-1.4M-8.5K0.86103.90N/AN/A121104237261
2022-02-18$148.97$145.0023.9%6.8%30.7%15.5%24.4%11.2%3.1%130.7K-995.1K-8.5K0.88102.37N/AN/A121106239262
2022-02-22$144.63$145.0030.1%8.6%32.8%29.2%30.7%-0.8%2.8%35.3K-360.1K-8.1K6.11103.13N/AN/A88538162105
2022-02-23$140.83$145.0027.9%8.0%34.3%24.4%27.0%2.5%5.2%-152.3K2.9M-16.3K1.91102.55N/AN/A88168164528
2022-02-24$138.31$145.0030.3%8.7%34.9%29.6%30.9%9.2%0.3%-174.7K4.1M-16.7K2.51104.58N/AN/A88221164594
2022-02-25$139.47$145.0028.9%8.3%34.8%26.6%28.0%7.1%3.5%-185.6K3.8M-14.9K2.48106.97N/AN/A89221164526
2022-02-28$136.55$145.0034.6%9.9%35.3%39.1%32.7%5.6%5.4%-145.4K4.1M-13.9K2.29106.68N/AN/A89204165526