CIGI Options History — March 2025

In March 2025, CIGI traded between $119.19 and $128.38. ATM implied volatility averaged 30.3%, placing in the 33.3% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 1.3% (HV 20d: 29.0%). Max pain ranged from $125.00 to $130.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2025-03-19: Highest Volume — 8 contracts
  • 2025-03-10: Largest IV spike — 27.3% change
  • 2025-03-10: Highest IV Rank — 59.5%
  • 2025-03-10: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.69$119.19$128.38$125.91$121.59
Max Pain$127.14$125.00$130.00$130.00$125.00
ATM IV30.3%23.0%41.8%32.9%26.9%
Expected Move9.9%8.1%12.0%9.4%9.6%
HV 20d29.0%23.6%37.9%37.9%29.4%
HV 60d31.4%30.5%32.4%30.5%32.4%
IV Rank33.3%16.8%59.5%39.3%25.7%
IV Percentile57.6%22.6%88.5%67.1%48.0%
Term Structure4.1%-3.3%11.4%-3.3%10.9%
VWIV40.4%27.9%58.4%27.9%35.0%
Skew 25d1.7%-4.8%9.0%0.7%-0.2%
Skew 10d3.5%-17.1%13.0%3.7%0.6%
Call IV 25d33.5%25.1%42.5%41.7%36.9%
Put IV 25d35.2%26.4%44.8%42.4%36.7%
Bid-Ask Spread %104.5398.58112.08108.3699.51
Gamma HHI0.710.650.780.650.72
Net GEX-28.6K-35.9K-22.5K-22.5K-32.2K
Net DEX513.7K403.5K619.9K454.9K619.9K
Net VEX-2.5K-2.9K-2.1K-2.9K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.000.600.000.60
Total Volume0.6190800
Total OI161.524160166161160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$125.91$130.0032.9%9.4%37.9%39.3%0.0%0.7%-3.3%-22.5K454.9K-2.9K0.00108.36N/AN/A0057104
2025-03-04$126.35$130.0033.7%9.7%37.6%41.0%0.0%3.3%-2.6%-27.2K441.2K-2.8K0.00109.24N/AN/A0057104
2025-03-05$128.38$130.0028.1%8.1%36.6%28.4%27.9%6.5%4.8%-25.3K403.5K-2.8K0.00110.39N/AN/A1057104
2025-03-06$125.03$130.0034.7%9.9%36.8%43.3%0.0%9.0%3.6%-25.8K457.4K-2.7K0.00108.19N/AN/A0158104
2025-03-07$123.85$130.0032.9%9.4%24.8%39.2%0.0%1.9%3.9%-26.1K517.9K-2.7K0.00110.51N/AN/A0058104
2025-03-10$122.95$130.0041.8%12.0%24.6%59.5%0.0%-4.2%3.0%-26.5K546.1K-2.6K0.00109.33N/AN/A0158104
2025-03-11$122.93$130.0032.4%11.9%23.9%38.2%0.0%2.3%4.7%-26.7K534.6K-2.6K0.00110.21N/AN/A0058103
2025-03-12$122.67$130.0029.9%11.0%23.6%32.5%0.0%3.8%4.3%-27.0K519.8K-2.5K0.00111.74N/AN/A0058103
2025-03-13$119.19$130.0035.0%10.5%23.6%44.0%58.4%-4.8%2.2%-26.2K610.8K-2.4K0.00111.25N/AN/A1058103
2025-03-14$122.57$125.0027.7%10.5%25.6%27.3%0.0%2.9%5.8%-27.7K572.9K-2.5K0.00112.08N/AN/A0059103
2025-03-17$124.75$125.0031.0%9.7%26.6%35.0%0.0%3.0%3.6%-25.2K495.2K-2.6K0.0098.58N/AN/A0059103
2025-03-18$122.17$125.0031.9%10.0%27.3%37.0%0.0%7.3%2.6%-28.1K517.8K-2.4K0.0098.84N/AN/A0059103
2025-03-19$124.64$125.0026.5%9.4%28.3%24.8%35.0%3.6%4.7%-29.7K532.3K-2.4K0.60100.11N/AN/A5359103
2025-03-20$123.79$125.0026.1%9.4%26.7%23.8%0.0%3.5%6.6%-29.1K495.6K-2.5K0.0099.71N/AN/A0062104
2025-03-21$122.16$125.0029.0%9.6%25.9%30.4%0.0%-4.1%6.0%-31.2K562.0K-2.5K0.0099.12N/AN/A0062104
2025-03-24$127.15$125.0023.0%9.3%29.7%16.8%0.0%-2.9%11.4%-32.9K451.3K-2.4K0.0099.80N/AN/A0157103
2025-03-25$124.69$125.0026.0%9.3%29.8%23.6%0.0%2.5%6.7%-31.3K477.3K-2.4K0.00101.35N/AN/A0057103
2025-03-26$124.02$125.0028.7%9.2%29.9%29.7%0.0%-2.5%5.6%-31.6K499.2K-2.4K0.0099.17N/AN/A0057103
2025-03-27$122.16$125.0029.0%9.3%30.2%30.3%0.0%6.3%3.0%-32.0K523.3K-2.3K0.0098.97N/AN/A0057103
2025-03-28$120.61$125.0029.0%10.0%30.0%30.3%0.0%-2.8%-0.7%-35.9K555.2K-2.2K0.0098.72N/AN/A0057103
2025-03-31$121.59$125.0026.9%9.6%29.4%25.7%0.0%-0.2%10.9%-32.2K619.9K-2.1K0.0099.51N/AN/A0057103