CIGI Options History — April 2025

In April 2025, CIGI traded between $105.09 and $124.29. ATM implied volatility averaged 43.7%, placing in the 61.3% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 7.4% (HV 20d: 51.0%). Max pain ranged from $125.00 to $125.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2025-04-07: Highest Volume — 6 contracts
  • 2025-04-04: Largest IV spike — 37.1% change
  • 2025-04-08: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$114.75$105.09$124.29$122.30$117.95
Max Pain$125.00$125.00$125.00$125.00$125.00
ATM IV43.7%27.3%61.8%34.0%49.3%
Expected Move12.4%9.4%14.6%10.0%14.1%
HV 20d51.0%29.4%58.2%29.4%58.0%
HV 60d40.1%32.4%43.1%32.4%42.7%
IV Rank61.3%26.4%100.0%41.7%72.9%
IV Percentile86.9%50.0%100.0%69.0%96.8%
Term Structure-7.9%-19.9%0.4%0.4%-13.8%
VWIV44.0%43.1%44.6%44.6%44.3%
Skew 25d6.7%-2.6%18.3%2.3%8.3%
Skew 10d5.2%-10.8%20.8%-10.8%11.3%
Call IV 25d39.6%22.5%51.1%27.5%48.3%
Put IV 25d46.3%29.8%56.6%29.8%56.6%
Bid-Ask Spread %101.5194.63106.2995.31104.81
Gamma HHI0.720.680.770.710.77
Net GEX-27.6K-35.9K-14.8K-31.0K-35.2K
Net DEX752.0K521.9K854.0K588.7K752.1K
Net VEX-1.5K-2.2K-1.1K-2.2K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.002.000.000.00
Total Volume1.1430600
Total OI166.81160172160172

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$122.30$125.0034.0%10.0%29.4%41.7%0.0%2.3%0.4%-31.0K588.7K-2.2K0.0095.31N/AN/A0057103
2025-04-02$124.29$125.0027.3%9.4%29.5%26.4%0.0%7.0%-2.4%-35.9K521.9K-2.2K0.0094.63N/AN/A0057103
2025-04-03$116.64$125.0032.2%10.3%35.8%37.7%44.6%18.3%-4.6%-30.7K692.8K-1.9K0.0099.49N/AN/A3057103
2025-04-04$113.28$125.0044.2%12.8%37.0%64.8%0.0%16.7%-9.9%-23.2K764.1K-1.6K0.0099.43N/AN/A0059102
2025-04-07$109.68$125.0053.6%12.7%38.2%86.2%43.1%4.5%-5.9%-19.1K766.5K-1.5K2.00101.34N/AN/A2459102
2025-04-08$105.09$125.0061.8%14.6%40.4%100.0%44.3%6.3%-19.9%-14.8K854.0K-1.1K1.0099.12N/AN/A2260102
2025-04-09$116.09$125.0041.7%12.0%55.5%56.5%0.0%16.0%-6.7%-27.6K718.5K-1.8K0.00100.84N/AN/A3062104
2025-04-10$109.88$125.0046.4%13.3%57.9%66.7%0.0%8.4%-6.5%-21.3K788.7K-1.5K0.00101.21N/AN/A0062104
2025-04-11$111.28$125.0047.6%13.6%57.0%69.1%0.0%8.3%-7.1%-22.0K837.8K-1.4K0.0099.79N/AN/A0062104
2025-04-14$114.33$125.0043.4%12.4%57.6%60.1%0.0%1.5%-7.2%-27.7K803.4K-1.4K0.00101.30N/AN/A0262104
2025-04-15$113.77$125.0041.5%11.9%57.3%56.0%0.0%1.8%-6.1%-28.9K804.2K-1.5K0.50101.95N/AN/A2162106
2025-04-16$112.83$125.0041.8%12.0%56.6%56.6%0.0%7.0%-6.8%-25.0K811.8K-1.5K0.00103.56N/AN/A0063107
2025-04-17$114.50$125.0041.4%11.9%57.0%55.9%0.0%4.3%-7.0%-28.1K765.3K-1.6K0.00103.69N/AN/A0063107
2025-04-21$110.33$125.0046.5%13.3%58.2%66.8%0.0%1.4%-9.1%-21.6K815.1K-1.3K0.00101.80N/AN/A0063106
2025-04-22$113.28$125.0044.6%12.8%57.0%62.8%0.0%6.8%-7.8%-25.8K814.5K-1.3K0.00104.03N/AN/A0063106
2025-04-23$115.88$125.0045.7%13.1%57.6%65.1%0.0%8.3%-9.5%-30.8K739.0K-1.5K0.00104.14N/AN/A3063106
2025-04-24$117.07$125.0040.7%11.7%57.8%54.2%0.0%-2.6%-6.2%-28.8K677.6K-1.7K0.00100.75N/AN/A0066106
2025-04-25$115.44$125.0042.4%12.2%57.7%58.1%0.0%8.4%-8.0%-32.4K771.1K-1.4K0.00106.29N/AN/A0066106
2025-04-28$117.58$125.0045.0%12.9%58.1%63.7%0.0%4.1%-11.6%-33.8K785.6K-1.3K0.00104.18N/AN/A0066106
2025-04-29$118.28$125.0046.1%13.2%58.1%65.9%0.0%3.7%-11.4%-35.5K720.0K-1.5K0.00104.06N/AN/A0066106
2025-04-30$117.95$125.0049.3%14.1%58.0%72.9%0.0%8.3%-13.8%-35.2K752.1K-1.4K0.00104.81N/AN/A0066106