CQP Options History — June 2022

In June 2022, CQP traded between $44.45 and $55.37. ATM implied volatility averaged 39.5%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded below realized volatility by 3.4% (HV 20d: 42.9%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2022-06-16: Highest Volume — 1,093 contracts
  • 2022-06-06: Largest IV spike — 27.0% change
  • 2022-06-30: Highest IV Rank — 53.3%
  • 2022-06-30: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.11$44.45$55.37$54.23$44.75
Max Pain$52.14$50.00$55.00$50.00$50.00
ATM IV39.5%31.6%44.3%38.3%44.3%
Expected Move11.1%8.3%12.7%11.0%12.7%
HV 20d42.9%37.1%48.0%44.5%44.6%
HV 60d42.8%39.0%47.2%47.2%42.1%
IV Rank43.1%26.5%53.3%40.6%53.3%
IV Percentile79.5%57.9%90.1%79.4%90.1%
Term Structure1.6%-9.6%15.4%-0.8%9.4%
VWIV38.0%28.5%48.0%43.2%43.7%
Skew 25d6.4%-2.4%12.3%6.2%8.3%
Skew 10d11.6%2.0%27.4%10.6%20.6%
Call IV 25d37.6%27.6%44.7%38.8%41.6%
Put IV 25d44.0%32.4%55.7%45.0%49.9%
Bid-Ask Spread %84.9476.1497.1677.4192.66
Gamma HHI0.170.100.260.210.15
Net GEX109.4K-25.5K307.2K248.8K15.9K
Net DEX-2.2M-7.4M1.8M-6.0M144.2K
Net VEX-24.2K-34.7K-16.9K-29.9K-22.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.281.200.890.47
Total Volume692.8574991,093704518
Total OI4,973.1434,0655,6685,1984,537

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$54.23$50.0038.3%11.0%44.5%40.6%43.2%6.2%-0.8%248.8K-6.0M-29.9K0.8977.413723323,6341,564
2022-06-02$54.77$55.0036.1%9.8%40.3%35.9%33.5%12.3%1.2%265.9K-7.4M-34.7K0.8581.783913313,6631,577
2022-06-03$53.49$55.0031.6%8.3%40.3%26.5%28.5%4.2%5.8%254.0K-5.5M-28.3K0.8083.283873103,6881,578
2022-06-06$53.68$55.0040.2%11.0%40.3%44.6%32.4%-2.4%4.9%255.8K-5.8M-28.8K0.7486.083872863,6901,580
2022-06-07$55.37$55.0040.2%9.2%40.1%44.7%34.4%6.6%3.5%307.2K-7.3M-28.2K0.7981.063913073,7021,576
2022-06-08$54.52$55.0032.9%9.4%37.5%29.1%33.5%6.9%-0.2%291.7K-6.9M-32.4K0.6277.334372723,7341,586
2022-06-09$53.72$55.0035.0%10.0%37.6%33.6%36.8%5.3%-5.6%267.9K-5.5M-28.2K0.6778.934032713,6941,600
2022-06-10$52.31$55.0039.3%11.3%37.1%42.7%36.6%7.0%-1.5%214.5K-4.8M-31.1K0.4485.625212313,6931,627
2022-06-13$48.41$55.0042.4%12.2%42.9%49.3%48.0%12.0%5.9%82.7K-1.0M-23.3K0.5083.414822403,7601,625
2022-06-14$48.02$55.0043.7%12.5%41.7%52.0%41.2%2.8%-1.2%66.7K-510.8K-22.5K0.4680.204542113,7671,670
2022-06-15$47.23$50.0038.9%11.1%41.7%41.7%35.5%8.3%3.8%50.7K299.0K-20.9K0.6281.694943083,7481,703
2022-06-16$45.43$50.0039.9%11.5%42.8%44.1%33.7%1.8%3.4%-3.0K1.8M-16.9K1.2090.054975963,8711,754
2022-06-17$45.63$50.0038.7%11.1%43.0%41.4%39.3%1.9%0.6%3.6K950.7K-19.7K0.4789.165522573,9451,723
2022-06-21$47.43$50.0043.4%12.4%45.8%51.4%39.9%6.5%-2.2%6.8K-433.8K-22.3K0.2876.145411532,8711,194
2022-06-22$45.01$50.0041.0%11.8%48.0%46.4%41.4%3.3%-9.6%3.0K434.3K-21.0K0.2885.005091433,0401,204
2022-06-23$44.45$50.0041.7%12.0%48.0%47.8%40.5%8.9%1.4%-7.1K776.3K-19.6K0.2984.355541623,0581,203
2022-06-24$45.30$50.0036.8%10.5%46.1%37.3%37.1%9.0%-1.7%-25.5K836.7K-17.7K0.4789.323411603,0941,217
2022-06-27$45.35$50.0037.8%10.8%45.9%39.5%36.8%4.8%-9.4%-13.7K595.6K-18.2K0.5097.163331663,1381,214
2022-06-28$46.53$50.0043.8%12.6%46.5%52.3%41.9%9.3%15.4%12.1K-355.9K-21.5K0.3692.244821743,1621,228
2022-06-29$45.70$50.0043.7%12.5%45.4%52.0%40.7%11.4%9.9%-493194.1K-20.9K0.3990.774281663,2811,243
2022-06-30$44.75$50.0044.3%12.7%44.6%53.3%43.7%8.3%9.4%15.9K144.2K-22.7K0.4792.663521663,2921,245