CQP Options History — August 2022

In August 2022, CQP traded between $45.91 and $56.88. ATM implied volatility averaged 37.1%, placing in the 35.4% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 1.2% (HV 20d: 38.4%). Max pain ranged from $46.00 to $50.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.84.

Notable Days

  • 2022-08-31: Highest Volume — 1,063 contracts
  • 2022-08-30: Largest IV spike — 30.4% change
  • 2022-08-05: Highest IV Rank — 61.9%
  • 2022-08-30: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.46$45.91$56.88$49.94$52.20
Max Pain$47.26$46.00$50.00$49.00$48.00
ATM IV37.1%29.3%50.6%38.6%41.0%
Expected Move10.3%7.6%12.3%11.1%11.8%
HV 20d38.4%33.8%44.1%42.0%34.9%
HV 60d41.8%40.8%43.4%42.8%42.2%
IV Rank35.4%20.0%61.9%38.2%43.1%
IV Percentile60.7%32.1%98.0%69.8%76.2%
Term Structure-1.2%-12.2%5.9%-2.5%0.9%
VWIV38.4%30.5%52.3%43.0%52.3%
Skew 25d4.4%-6.7%14.2%-3.2%3.0%
Skew 10d14.3%0.7%29.5%29.1%12.9%
Call IV 25d37.0%30.3%44.5%43.5%40.7%
Put IV 25d41.4%30.9%56.6%40.3%43.7%
Bid-Ask Spread %80.0958.7893.6490.5484.59
Gamma HHI0.180.110.290.200.25
Net GEX183.6K63.9K347.4K149.4K189.0K
Net DEX-3.6M-8.1M-31.6K-3.7M-4.1M
Net VEX-22.1K-25.7K-18.8K-22.6K-21.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.066.860.681.58
Total Volume371.957501,0636571,063
Total OI5,567.2175,1376,1985,2755,270

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$49.94$49.0038.6%11.1%42.0%38.2%43.0%-3.2%-2.5%149.4K-3.7M-22.6K0.6890.543912664,0111,264
2022-08-02$49.88$49.0039.4%11.3%40.5%39.9%38.4%2.7%-4.8%157.5K-3.2M-21.3K0.6581.243732414,0741,292
2022-08-03$47.79$50.0042.1%12.1%44.1%45.2%47.5%12.2%-7.1%128.8K-1.7M-23.4K0.8589.333623094,0141,302
2022-08-04$46.30$47.0039.5%11.2%44.1%40.0%39.6%1.9%-12.2%76.0K-31.6K-19.7K0.9676.713143034,0561,365
2022-08-05$45.91$47.0050.6%7.6%43.1%61.9%34.6%2.8%4.8%69.7K-398.3K-20.6K2.2676.122585844,0751,376
2022-08-08$46.10$46.0038.1%11.7%40.6%37.3%38.3%6.7%-5.6%63.9K-98.4K-18.8K0.9467.572552404,0781,642
2022-08-09$46.24$46.0039.7%8.8%39.2%40.4%36.5%14.2%-1.9%89.4K-670.6K-21.7K0.2981.6498284,0811,692
2022-08-10$46.95$47.0036.2%10.4%39.3%33.5%37.3%4.3%-0.9%109.0K-1.3M-21.7K0.2566.0068174,1001,703
2022-08-11$48.55$47.0033.7%9.7%40.0%28.6%37.9%3.9%2.0%112.8K-1.9M-20.6K0.1864.84106194,0951,715
2022-08-12$48.54$47.0029.3%8.4%39.5%20.0%35.4%-0.2%5.9%143.5K-2.3M-22.3K0.5667.5432184,1121,718
2022-08-15$48.52$47.0035.3%10.1%38.6%31.7%40.4%6.7%-4.6%103.5K-1.7M-19.6K0.1058.78258264,1361,731
2022-08-16$49.38$47.0036.7%10.5%37.0%34.5%36.6%8.3%2.4%222.3K-3.2M-20.3K6.8676.21503434,3191,753
2022-08-17$49.10$47.0032.1%9.2%37.0%25.4%36.5%-6.7%1.6%258.1K-3.6M-22.3K0.3483.2499344,3121,791
2022-08-18$50.64$47.0034.3%9.8%37.8%29.8%34.7%1.0%-0.5%174.7K-4.6M-20.2K0.2974.82207604,3191,796
2022-08-19$51.49$47.0037.6%10.8%37.8%36.4%35.6%4.1%0.6%178.9K-5.9M-24.4K0.0787.83356254,3681,830
2022-08-22$51.86$47.0037.7%10.8%34.6%36.5%37.7%10.1%-4.3%190.4K-3.9M-23.2K0.1984.71175333,8021,335
2022-08-23$53.91$47.0036.6%10.5%35.2%34.4%41.9%4.9%-5.5%270.9K-6.1M-25.6K0.0686.32332203,8251,343
2022-08-24$55.50$47.0034.1%9.8%34.8%29.3%33.1%7.3%0.0%320.4K-7.2M-24.1K0.1090.07411403,8961,355
2022-08-25$56.88$47.0030.1%8.6%35.0%21.5%30.5%1.9%-0.3%347.4K-8.1M-23.0K0.2893.64198563,8471,365
2022-08-26$55.93$47.0035.8%10.3%35.8%32.7%35.4%6.9%5.8%315.9K-7.4M-25.7K0.7288.7367483,9161,384
2022-08-29$55.60$47.0033.0%9.5%33.8%27.2%36.8%6.4%3.9%324.5K-7.4M-23.3K0.3387.96163543,9161,390
2022-08-30$53.31$47.0043.0%12.3%37.7%47.0%42.8%1.5%-5.3%227.9K-5.2M-23.4K0.7483.5489663,8601,422
2022-08-31$52.20$48.0041.0%11.8%34.9%43.1%52.3%3.0%0.9%189.0K-4.1M-21.4K1.5884.594126513,8181,452