CQP Options History — June 2021

In June 2021, CQP traded between $41.49 and $44.69. ATM implied volatility averaged 23.7%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 4.0% (HV 20d: 19.6%). Max pain ranged from $41.00 to $43.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2021-06-23: Highest Volume — 735 contracts
  • 2021-06-17: Largest IV spike — 15.4% change
  • 2021-06-28: Highest IV Rank — 10.7%
  • 2021-06-28: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.13$41.49$44.69$42.13$44.36
Max Pain$42.18$41.00$43.00$41.00$43.00
ATM IV23.7%20.7%25.8%25.4%23.3%
Expected Move6.8%5.9%7.4%7.3%6.7%
HV 20d19.6%16.7%20.9%20.8%20.4%
HV 60d21.7%19.6%24.2%24.2%20.4%
IV Rank7.6%3.2%10.7%10.2%7.0%
IV Percentile6.3%0.4%21.4%11.5%4.8%
Term Structure2.1%-0.4%5.6%-0.4%3.5%
VWIV23.3%20.3%26.3%25.4%22.9%
Skew 25d2.0%0.8%3.2%1.6%2.2%
Skew 10d6.3%-6.2%12.4%5.1%1.3%
Call IV 25d22.6%19.2%25.2%25.2%22.5%
Put IV 25d24.6%22.2%26.8%26.8%24.7%
Bid-Ask Spread %66.7332.67106.0151.2373.33
Gamma HHI0.300.240.380.330.33
Net GEX-23.7K-113.8K85.4K-77.4K-55.4K
Net DEX-1.5M-5.1M559.6K110.7K-2.0M
Net VEX-23.3K-28.7K-18.0K-25.3K-18.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.002.540.110.18
Total Volume204.182673530645
Total OI5,870.7735,1996,6585,5975,527

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$42.13$41.0025.4%7.3%20.8%10.2%25.4%1.6%-0.4%-77.4K110.7K-25.3K0.1151.23275311,5224,075
2021-06-02$42.31$41.0024.9%7.2%20.9%9.4%26.3%0.8%-0.1%-36.1K-495.9K-26.3K0.1556.91150221,6934,104
2021-06-03$42.03$41.0024.3%7.0%19.7%8.4%25.8%2.6%0.2%-59.1K-198.8K-25.4K0.5066.24421,6594,125
2021-06-04$42.13$41.0023.9%6.9%19.6%7.9%0.0%2.6%1.9%-47.6K-247.2K-25.5K0.0059.057601,6624,125
2021-06-07$42.07$41.0025.7%6.9%19.6%10.5%24.1%2.3%1.2%-11.9K-128.4K-26.1K0.0059.063001,7244,125
2021-06-08$41.49$41.0025.6%7.2%20.2%10.4%0.0%2.5%1.1%-51.8K559.6K-25.7K1.4755.7615221,7414,125
2021-06-09$42.20$41.0024.7%7.1%20.5%9.1%23.9%1.8%1.6%-21.3K-579.4K-23.8K0.0662.64388231,7494,140
2021-06-10$42.98$41.0023.7%6.8%20.0%7.5%23.7%2.1%2.4%68.0K-2.4M-23.4K2.4062.745122,0674,161
2021-06-11$42.98$42.0020.7%5.9%18.7%3.2%21.7%3.2%5.6%85.4K-2.6M-23.5K0.5173.612021042,1214,165
2021-06-14$44.06$42.0021.8%6.3%20.4%4.9%21.6%3.0%2.2%82.6K-4.1M-21.2K0.5966.752471452,1764,263
2021-06-15$44.69$43.0021.4%6.1%20.8%4.3%21.5%2.0%2.0%80.7K-5.1M-19.1K0.3566.27143502,2264,378
2021-06-16$44.62$43.0021.0%6.0%20.7%3.7%21.4%3.0%2.9%67.1K-4.9M-21.0K0.1262.39177212,2564,402
2021-06-17$44.17$43.0024.2%6.9%16.7%8.4%22.9%1.5%0.8%34.5K-2.9M-28.7K0.2193.01127272,1264,423
2021-06-18$43.40$43.0025.3%7.3%18.4%10.0%22.1%1.5%3.9%-41.7K-2.2M-25.3K0.50106.01103522,1224,418
2021-06-21$43.05$43.0023.3%6.7%18.8%7.1%22.0%1.7%1.9%-84.1K-492.1K-24.8K1.4275.94721021,4163,783
2021-06-22$42.83$43.0023.0%6.6%18.9%6.6%25.3%2.5%2.7%-113.8K-413.4K-23.2K0.4776.1868321,4703,893
2021-06-23$43.14$43.0023.0%6.6%18.8%6.6%22.9%2.3%3.0%-63.5K-228.6K-27.3K1.5465.562894461,5253,898
2021-06-24$43.70$43.0022.8%6.5%19.1%6.3%20.3%0.9%3.4%-70.9K-1.2M-21.2K0.6132.6782501,4353,918
2021-06-25$43.90$43.0022.8%6.5%18.8%6.3%22.2%1.7%1.4%-41.7K-2.0M-18.5K0.6865.3787591,4913,947
2021-06-28$43.08$43.0025.8%7.4%20.4%10.7%24.4%1.4%2.2%-109.9K-781.2K-21.2K1.1064.0250551,4723,989
2021-06-29$43.55$43.0024.0%6.9%19.5%8.0%25.0%0.9%1.9%-52.9K-1.6M-18.0K2.5473.321704321,4904,030
2021-06-30$44.36$43.0023.3%6.7%20.4%7.0%22.9%2.2%3.5%-55.4K-2.0M-18.9K0.1873.333871,4854,042