CIGI Options History — July 2024

In July 2024, CIGI traded between $107.33 and $139.42. ATM implied volatility averaged 36.3%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 8.2% (HV 20d: 28.1%). Max pain ranged from $110.00 to $120.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2024-07-08: Highest Volume — 611 contracts
  • 2024-07-03: Largest IV spike — 21.7% change
  • 2024-07-31: Highest IV Rank — 55.6%
  • 2024-07-31: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$125.09$107.33$139.42$107.33$135.34
Max Pain$114.77$110.00$120.00$110.00$115.00
ATM IV36.3%25.9%46.4%29.0%46.4%
Expected Move10.5%7.4%13.3%8.3%13.3%
HV 20d28.1%24.8%31.0%25.1%27.9%
HV 60d26.3%24.7%27.7%25.7%26.9%
IV Rank35.1%14.0%55.6%20.2%55.6%
IV Percentile69.0%22.2%94.0%43.3%94.0%
Term Structure-3.1%-14.5%11.0%11.0%-14.5%
VWIV37.1%28.6%46.1%28.6%42.6%
Skew 25d3.2%-2.6%10.6%3.0%6.7%
Skew 10d2.0%-10.8%14.1%-3.3%4.0%
Call IV 25d34.0%28.9%41.7%35.8%37.3%
Put IV 25d37.2%31.3%44.0%38.8%44.0%
Bid-Ask Spread %107.47103.82116.30115.03107.48
Gamma HHI0.350.220.600.390.26
Net GEX212.3K-19.2K339.8K-18.5K254.6K
Net DEX-7.0M-12.9M508.5K508.5K-11.6M
Net VEX-10.2K-14.9K-3.0K-3.0K-9.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.002.000.300.09
Total Volume55.8640611035
Total OI9262371,2532371,201

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$107.33$110.0029.0%8.3%25.1%20.2%0.0%3.0%11.0%-18.5K508.5K-3.0K0.00115.03N/AN/A00114123
2024-07-02$109.16$110.0025.9%7.4%25.9%14.0%0.0%0.8%5.2%-19.2K478.2K-3.0K0.30116.30N/AN/A103114123
2024-07-03$112.43$110.0031.5%9.0%27.8%25.4%0.0%0.1%4.5%-16.0K310.3K-3.5K0.00115.22N/AN/A00124126
2024-07-05$111.88$120.0030.7%10.0%27.9%23.8%0.0%3.7%-1.5%-17.4K330.9K-3.3K0.00107.17N/AN/A00124126
2024-07-08$112.81$120.0032.2%10.2%27.6%26.8%28.6%10.6%-1.7%-15.7K320.2K-3.3K0.00106.62N/AN/A6101124126
2024-07-09$113.75$115.0032.3%10.3%26.2%27.0%0.0%7.4%-2.0%218.3K-2.4M-11.8K0.00106.87N/AN/A100733126
2024-07-10$116.19$115.0037.0%10.6%24.8%36.5%0.0%6.5%-2.4%239.3K-3.2M-12.4K0.00106.88N/AN/A01743126
2024-07-11$121.68$115.0035.3%10.1%28.9%33.2%33.8%1.9%-2.5%222.6K-4.7M-12.6K0.01104.11N/AN/A2001743127
2024-07-12$123.63$115.0033.0%9.5%28.8%28.4%0.0%2.1%0.5%331.9K-6.9M-14.7K0.15106.40N/AN/A203943128
2024-07-15$125.24$115.0037.0%10.6%28.9%36.7%36.0%5.6%-3.5%326.4K-7.5M-14.2K0.00106.28N/AN/A20963125
2024-07-16$128.96$115.0034.7%9.9%29.3%31.8%0.0%7.1%-3.7%300.2K-8.7M-12.8K0.00107.10N/AN/A560964125
2024-07-17$129.57$115.0035.6%10.2%29.2%33.6%33.6%-1.6%-0.8%304.6K-9.4M-13.9K0.00105.23N/AN/A6101,020125
2024-07-18$129.63$115.0036.8%10.6%29.0%36.2%36.7%-1.2%-3.5%326.0K-9.8M-14.9K0.00105.47N/AN/A2001,081125
2024-07-19$130.81$115.0036.7%10.5%27.9%36.0%30.9%5.0%-0.9%331.6K-10.7M-13.7K0.05106.14N/AN/A2111,101125
2024-07-22$131.39$115.0034.3%9.8%27.9%31.0%34.1%4.0%-5.0%339.8K-10.9M-12.6K2.00103.82N/AN/A241,098124
2024-07-23$132.67$115.0037.0%10.6%27.8%36.5%36.9%-2.4%-6.1%311.5K-11.1M-12.3K0.00106.95N/AN/A041,100128
2024-07-24$131.22$115.0041.6%11.9%28.1%46.0%40.3%-2.6%-7.6%336.8K-10.6M-12.8K0.00104.34N/AN/A4401,100130
2024-07-25$136.99$115.0041.9%12.0%29.8%46.5%45.5%2.9%-6.8%250.2K-12.7M-10.9K0.05106.33N/AN/A7941,123130
2024-07-26$139.42$115.0041.0%11.8%29.7%44.7%0.0%4.3%-6.5%174.2K-12.9M-8.2K0.40106.52N/AN/A521,067128
2024-07-29$137.58$115.0043.0%12.3%31.0%48.7%46.1%4.5%-8.4%217.0K-12.2M-9.4K0.04106.67N/AN/A2811,066130
2024-07-30$134.37$115.0045.2%13.0%27.9%53.3%0.0%2.0%-11.5%272.1K-11.0M-11.2K0.00107.48N/AN/A101,069131
2024-07-31$135.34$115.0046.4%13.3%27.9%55.6%42.6%6.7%-14.5%254.6K-11.6M-9.7K0.09107.48N/AN/A3231,070131