CIGI Options History — April 2024

In April 2024, CIGI traded between $104.50 and $119.88. ATM implied volatility averaged 35.8%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 12.4% (HV 20d: 23.4%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.91.

Notable Days

  • 2024-04-23: Highest Volume — 59 contracts
  • 2024-04-25: Largest IV spike — 37.2% change
  • 2024-04-25: Highest IV Rank — 62.8%
  • 2024-04-25: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$112.28$104.50$119.88$119.48$104.50
Max Pain$110.68$110.00$115.00$115.00$110.00
ATM IV35.8%26.6%49.9%26.6%40.6%
Expected Move10.6%7.6%14.3%7.6%11.6%
HV 20d23.4%19.6%27.2%20.3%23.6%
HV 60d33.2%32.4%33.9%32.9%33.5%
IV Rank34.0%15.4%62.8%15.4%43.8%
IV Percentile65.2%27.8%97.6%28.2%83.3%
Term Structure-2.7%-17.1%8.8%8.8%-1.5%
VWIV40.0%28.9%60.0%48.8%43.4%
Skew 25d2.5%-15.3%13.8%-15.3%-0.2%
Skew 10d7.5%-5.9%20.1%2.2%4.4%
Call IV 25d39.3%26.1%49.9%42.3%49.4%
Put IV 25d41.8%27.0%53.0%27.0%49.2%
Bid-Ask Spread %95.3387.88106.36103.9391.83
Gamma HHI0.170.130.220.140.18
Net GEX-23.4K-57.6K16.8K16.8K-48.9K
Net DEX-453.9K-1.5M628.0K-1.5M628.0K
Net VEX-5.8K-7.6K-4.5K-6.8K-5.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.910.006.000.000.50
Total Volume6.68205906
Total OI1,082.3646631,2791,248726

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$119.48$115.0026.6%7.6%20.3%15.4%0.0%-15.3%8.8%16.8K-1.5M-6.8K0.00103.93N/AN/A00915333
2024-04-02$118.64$115.0027.0%7.8%20.0%16.3%0.0%3.2%7.4%10.9K-1.4M-7.0K0.00104.28N/AN/A10915333
2024-04-03$119.27$115.0026.6%7.6%19.6%15.4%0.0%-13.3%8.7%13.9K-1.5M-6.5K3.00104.87N/AN/A13916333
2024-04-04$118.50$110.0031.6%9.9%19.7%25.6%0.0%10.3%1.4%13.9K-1.4M-7.6K0.0090.87N/AN/A00915336
2024-04-05$117.78$110.0028.5%9.8%19.8%19.2%48.8%3.0%-1.7%2.2K-1.3M-6.6K0.0087.88N/AN/A015915336
2024-04-08$118.53$110.0028.6%10.0%19.9%19.6%0.0%6.7%-0.1%1.6K-1.3M-6.2K0.0089.47N/AN/A00915336
2024-04-09$119.88$110.0027.7%10.2%20.3%17.6%0.0%4.8%-1.7%7.2K-1.5M-5.9K0.0089.78N/AN/A00915336
2024-04-10$114.27$110.0035.7%10.2%26.1%33.9%0.0%1.4%-1.2%-11.1K-758.8K-6.7K0.0097.11N/AN/A20915336
2024-04-11$113.95$110.0031.3%9.0%26.0%24.9%0.0%3.4%6.2%-15.3K-765.5K-6.3K0.0098.14N/AN/A02917336
2024-04-12$112.75$110.0035.3%10.1%26.2%33.1%37.6%13.5%0.9%-17.4K-377.0K-6.7K1.6794.57N/AN/A35917336
2024-04-15$110.17$110.0041.9%12.0%27.1%46.4%60.0%13.8%-8.8%-30.4K-157.0K-5.8K0.1793.63N/AN/A183920338
2024-04-16$109.23$110.0037.8%10.8%27.2%38.1%0.0%4.0%-2.9%-35.7K-44.6K-5.3K0.0090.77N/AN/A00937337
2024-04-17$109.24$110.0039.4%11.3%27.0%41.5%29.2%3.8%-6.7%-33.0K-34.9K-5.2K1.2587.97N/AN/A45937337
2024-04-18$107.37$110.0040.9%11.7%24.2%44.5%28.9%11.3%-11.8%-44.0K287.3K-4.6K6.0096.22N/AN/A16937340
2024-04-19$106.43$110.0037.1%10.6%22.7%36.7%0.0%2.4%0.1%-41.0K370.2K-4.9K6.0090.35N/AN/A16938341
2024-04-22$108.26$110.0034.2%9.8%24.0%30.8%0.0%0.6%-3.3%-49.3K215.5K-4.5K0.00100.58N/AN/A00317346
2024-04-23$109.95$110.0040.2%11.5%25.2%43.1%36.0%-1.3%-11.5%-48.5K-108.0K-4.8K1.36106.36N/AN/A2534317346
2024-04-24$109.16$110.0036.4%10.4%25.1%35.3%36.4%-0.4%-4.2%-57.6K106.5K-5.2K2.00102.18N/AN/A12342380
2024-04-25$107.89$110.0049.9%14.3%24.0%62.8%0.0%-6.3%-17.1%-47.9K56.2K-5.7K0.0093.84N/AN/A00342381
2024-04-26$108.07$110.0042.1%12.1%24.0%47.0%0.0%5.0%-10.4%-50.9K138.6K-5.5K0.0091.55N/AN/A01342381
2024-04-29$106.73$110.0047.5%13.6%22.9%57.8%0.0%4.1%-9.4%-50.2K432.9K-5.3K1.0091.02N/AN/A11342382
2024-04-30$104.50$110.0040.6%11.6%23.6%43.8%43.4%-0.2%-1.5%-48.9K628.0K-5.0K0.5091.83N/AN/A42343383