CIGI Options History — May 2024

In May 2024, CIGI traded between $104.12 and $116.53. ATM implied volatility averaged 32.6%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 6.0% (HV 20d: 26.6%). Max pain ranged from $110.00 to $110.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 9.25.

Notable Days

  • 2024-05-06: Highest Volume — 623 contracts
  • 2024-05-15: Largest IV drop — 60.5% change
  • 2024-05-14: Highest IV Rank — 82.7%
  • 2024-05-01: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.89$104.12$116.53$104.84$111.72
Max Pain$110.00$110.00$110.00$110.00$110.00
ATM IV32.6%20.7%59.7%47.3%23.4%
Expected Move7.7%5.6%13.6%13.6%6.7%
HV 20d26.6%23.5%30.1%23.5%27.0%
HV 60d27.1%23.6%33.8%33.2%24.1%
IV Rank27.6%3.4%82.7%57.5%9.0%
IV Percentile45.6%1.2%98.8%95.6%10.7%
Term Structure0.0%-11.7%9.7%-11.7%5.4%
VWIV32.0%20.8%47.8%47.8%20.8%
Skew 25d0.8%-7.9%14.1%7.6%0.2%
Skew 10d-1.1%-12.2%16.5%3.3%-6.8%
Call IV 25d28.5%17.8%43.9%43.9%33.7%
Put IV 25d29.3%17.9%51.5%51.5%34.0%
Bid-Ask Spread %106.5793.83114.49106.01112.45
Gamma HHI0.340.190.470.190.40
Net GEX152.3K-101.0K315.1K-48.6K224.9K
Net DEX-1.6M-4.2M675.3K461.7K-979.0K
Net VEX-10.4K-13.5K-4.0K-4.7K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.250.0070.504.200.00
Total Volume46.864062341
Total OI1,151.8647301,621730910

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$104.84$110.0047.3%13.6%23.5%57.5%47.8%7.6%-11.7%-48.6K461.7K-4.7K0.00106.01N/AN/A04345385
2024-05-02$104.12$110.0036.6%10.5%23.5%35.7%36.5%-0.8%-10.5%-57.0K675.3K-4.0K4.20105.66N/AN/A2084345386
2024-05-03$107.84$110.0037.4%10.7%27.7%37.3%25.5%-7.1%-9.8%-100.5K507.8K-5.5K10.5099.93N/AN/A221361462
2024-05-06$111.09$110.0042.4%8.9%30.1%47.5%28.4%3.8%1.9%-101.0K101.3K-5.4K0.0399.23N/AN/A60518362483
2024-05-07$112.26$110.0038.4%8.8%30.0%39.3%0.0%-5.9%1.0%111.2K-2.7M-13.5K12.0094.63N/AN/A112967501
2024-05-08$109.96$110.0040.9%7.9%25.9%44.5%0.0%4.9%9.7%92.5K-1.9M-13.1K1.79102.61N/AN/A1425967510
2024-05-09$112.69$110.0051.1%8.5%27.6%65.3%0.0%-3.0%2.7%128.9K-2.9M-13.4K1.7893.83N/AN/A916979532
2024-05-10$113.34$110.0032.7%6.1%27.4%27.8%0.0%5.0%8.6%204.8K-3.1M-12.5K70.50105.23N/AN/A2141986550
2024-05-13$112.91$110.0044.6%7.3%26.0%52.0%0.0%0.9%4.9%125.3K-2.4M-13.2K0.0099.34N/AN/A028988620
2024-05-14$113.56$110.0059.7%5.6%25.8%82.7%32.9%-7.9%9.2%175.0K-2.5M-13.5K0.00103.43N/AN/A04988633
2024-05-15$116.53$110.0023.6%6.8%27.1%9.3%0.0%0.4%5.0%234.4K-4.2M-13.4K0.00100.69N/AN/A01988631
2024-05-16$116.32$110.0023.8%6.8%26.1%9.7%0.0%14.1%-7.1%171.0K-4.0M-13.2K0.00110.97N/AN/A00988631
2024-05-17$115.43$110.0020.7%5.9%26.0%3.4%20.8%4.9%4.8%273.6K-3.2M-12.2K1.00108.85N/AN/A44951631
2024-05-20$115.80$110.0022.0%6.3%25.6%6.1%0.0%-0.0%0.5%315.1K-2.6M-12.2K0.00112.38N/AN/A20681218
2024-05-21$114.09$110.0024.3%7.0%26.0%10.7%0.0%0.2%-3.7%288.8K-1.9M-11.3K0.00111.75N/AN/A100683218
2024-05-22$112.41$110.0025.9%7.4%26.4%13.9%0.0%0.3%-6.7%237.1K-1.4M-11.2K0.00111.36N/AN/A00693217
2024-05-23$110.93$110.0023.5%6.7%26.5%9.0%0.0%0.1%0.3%206.7K-737.5K-9.7K0.00113.92N/AN/A00694217
2024-05-24$111.27$110.0024.5%7.0%26.6%11.2%0.0%0.1%-0.8%214.9K-913.0K-10.0K0.00111.51N/AN/A00694217
2024-05-28$113.30$110.0022.8%6.5%26.6%7.6%0.0%0.5%0.8%269.1K-1.6M-10.4K0.00112.85N/AN/A02694217
2024-05-29$110.47$110.0025.1%7.2%27.2%12.4%0.0%0.1%-0.5%190.5K-509.6K-8.5K0.00114.49N/AN/A00694215
2024-05-30$110.64$110.0027.0%7.7%27.2%16.2%0.0%0.1%-3.4%193.6K-656.9K-8.8K0.00113.51N/AN/A01694215
2024-05-31$111.72$110.0023.4%6.7%27.0%9.0%0.0%0.2%5.4%224.9K-979.0K-9.2K0.00112.45N/AN/A10694216