CQP Options History — October 2021

In October 2021, CQP traded between $41.04 and $44.42. ATM implied volatility averaged 28.6%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 5.1% (HV 20d: 23.5%). Max pain ranged from $39.00 to $41.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.64.

Notable Days

  • 2021-10-20: Highest Volume — 602 contracts
  • 2021-10-18: Largest IV spike — 30.3% change
  • 2021-10-04: Highest IV Rank — 72.0%
  • 2021-10-05: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.88$41.04$44.42$41.04$43.65
Max Pain$40.90$39.00$41.00$39.00$41.00
ATM IV28.6%23.8%34.0%32.6%24.8%
Expected Move8.3%6.8%11.1%9.3%7.1%
HV 20d23.5%14.5%30.8%30.8%19.6%
HV 60d25.3%24.6%26.2%26.2%25.0%
IV Rank47.0%24.5%72.0%65.3%29.3%
IV Percentile52.3%10.7%86.9%81.3%20.6%
Term Structure-2.2%-11.1%5.1%-2.6%-6.0%
VWIV27.4%20.0%34.9%30.6%25.2%
Skew 25d5.6%-2.9%19.3%3.4%-2.9%
Skew 10d6.3%-44.4%58.6%-8.1%6.2%
Call IV 25d24.8%21.5%30.6%30.6%25.4%
Put IV 25d30.4%22.5%43.2%34.0%22.5%
Bid-Ask Spread %86.9663.86111.7586.40111.75
Gamma HHI0.230.130.300.130.23
Net GEX168.9K77.9K259.3K77.9K188.1K
Net DEX-2.3M-3.5M-464.5K-464.5K-2.7M
Net VEX-16.7K-18.7K-11.8K-11.8K-17.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.0412.504.171.10
Total Volume258.3331660262442
Total OI3,050.4292,4913,3302,4913,056

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$41.04$39.0032.6%9.3%30.8%65.3%30.6%3.4%-2.6%77.9K-464.5K-11.8K4.1786.4012501,4631,028
2021-10-04$41.27$41.0034.0%9.8%30.8%72.0%32.5%8.0%-5.2%134.0K-1.4M-16.9K0.6467.6028181,9661,030
2021-10-05$41.19$41.0029.7%11.1%30.8%52.3%25.3%7.1%-11.1%128.4K-1.2M-16.7K12.5066.96141751,9611,080
2021-10-06$41.05$41.0030.6%10.4%30.3%56.1%30.9%4.7%-7.1%129.4K-1.1M-16.7K1.0075.8229291,9951,094
2021-10-07$41.19$41.0026.1%8.1%30.3%35.1%34.9%4.5%5.1%106.0K-1.0M-16.8K0.6063.861062,0061,245
2021-10-08$41.26$41.0032.4%7.9%26.9%64.5%29.2%5.9%-0.7%118.3K-1.3M-16.4K2.7871.499252,0251,274
2021-10-11$42.27$41.0029.9%7.6%27.7%52.9%29.5%8.2%-2.1%170.7K-2.1M-17.0K0.2676.45151392,0301,274
2021-10-12$41.94$41.0032.8%8.3%27.3%66.5%28.5%6.6%-0.5%156.8K-1.7M-16.6K0.5676.8925142,0311,299
2021-10-13$42.47$41.0030.1%8.6%27.7%54.2%31.1%7.2%0.6%205.4K-2.2M-16.5K0.6798.6369461,9541,333
2021-10-14$43.57$41.0026.9%7.7%28.1%39.1%26.8%19.3%-0.8%213.7K-3.2M-16.2K0.0495.7313861,9641,333
2021-10-15$43.59$41.0025.4%7.3%27.1%32.0%26.1%4.8%-0.8%259.3K-3.4M-16.5K0.1988.79275531,9761,305
2021-10-18$43.78$41.0033.1%9.5%20.3%67.7%27.3%4.3%-7.8%129.9K-2.6M-16.0K0.1988.02237451,641975
2021-10-19$44.08$41.0026.6%7.6%20.2%37.8%24.8%6.1%-1.2%178.6K-3.0M-15.6K0.8593.2126221,7681,019
2021-10-20$44.15$41.0027.2%7.8%15.1%40.3%20.0%3.5%-2.7%181.9K-3.1M-18.2K1.2196.192723301,8601,059
2021-10-21$43.90$41.0028.7%8.2%15.0%47.4%26.0%4.2%-1.7%175.9K-3.1M-18.0K1.51102.042183291,8961,066
2021-10-22$43.97$41.0023.8%6.8%14.9%24.5%24.1%2.9%-0.4%191.8K-3.1M-17.2K1.0187.452262281,9041,063
2021-10-25$44.41$41.0024.9%7.1%14.5%29.6%24.4%3.6%4.6%207.2K-3.3M-18.7K1.0783.372242391,9161,072
2021-10-26$43.34$41.0026.6%7.6%17.5%37.5%26.4%4.2%-1.7%183.3K-2.5M-16.7K1.4385.711882681,9311,087
2021-10-27$44.42$41.0024.0%6.9%19.0%25.6%26.0%7.9%0.6%208.6K-3.5M-17.6K1.44102.311892721,9371,092
2021-10-28$43.92$41.0030.9%8.9%19.3%57.7%26.8%4.9%-4.9%200.7K-3.1M-17.0K1.19107.522052441,9511,100
2021-10-29$43.65$41.0024.8%7.1%19.6%29.3%25.2%-2.9%-6.0%188.1K-2.7M-17.6K1.10111.752102321,9561,100