CQP Options History — November 2022

In November 2022, CQP traded between $53.65 and $61.63. ATM implied volatility averaged 39.9%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 6.9% (HV 20d: 33.1%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.15.

Notable Days

  • 2022-11-22: Highest Volume — 2,402 contracts
  • 2022-11-07: Largest IV spike — 93.2% change
  • 2022-11-07: Highest IV Rank — 89.1%
  • 2022-11-10: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.49$53.65$61.63$60.97$61.63
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV39.9%34.1%68.4%38.2%38.1%
Expected Move11.0%9.8%12.5%10.9%10.9%
HV 20d33.1%24.7%39.1%24.7%38.1%
HV 60d40.5%39.1%41.9%39.4%39.1%
IV Rank35.7%24.2%89.1%34.4%31.8%
IV Percentile50.9%25.4%99.2%50.4%46.0%
Term Structure-0.5%-7.9%7.4%-7.6%0.2%
VWIV39.8%33.2%45.3%37.5%42.1%
Skew 25d6.3%-0.3%12.6%11.9%7.9%
Skew 10d20.7%4.1%46.7%22.4%18.8%
Call IV 25d37.1%32.7%43.1%33.1%33.5%
Put IV 25d43.4%35.7%48.7%45.0%41.5%
Bid-Ask Spread %77.0753.1796.7895.7560.15
Gamma HHI0.340.250.420.420.39
Net GEX246.0K105.4K427.2K426.6K427.2K
Net DEX-4.7M-9.3M-1.3M-9.3M-9.0M
Net VEX-29.7K-36.1K-26.0K-26.8K-36.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.344.360.511.43
Total Volume658.952432,4021,048141
Total OI5,150.3334,2587,4844,5727,484

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$60.97$55.0038.2%10.9%24.7%34.4%37.5%11.9%-7.6%426.6K-9.3M-26.8K0.5195.756923563,0691,503
2022-11-02$59.12$55.0040.5%11.6%27.3%38.6%40.9%7.6%3.1%284.7K-5.9M-31.6K0.9495.513583382,7671,531
2022-11-03$57.24$55.0041.4%10.5%29.9%40.2%42.5%2.1%3.2%242.4K-4.7M-31.2K0.8996.783623212,8231,547
2022-11-04$57.10$55.0035.4%12.2%29.1%29.4%42.2%12.1%1.3%263.2K-4.1M-29.2K0.9589.953223062,8441,572
2022-11-07$56.62$55.0068.4%10.7%29.3%89.1%40.0%7.3%-1.1%233.2K-3.8M-28.8K0.8979.623292942,8631,613
2022-11-08$56.32$55.0042.4%10.4%29.4%42.1%39.3%5.7%0.8%225.0K-3.1M-28.0K0.5788.563602042,8781,627
2022-11-09$53.65$55.0034.7%9.9%34.3%25.3%38.6%2.7%4.6%134.6K-1.3M-26.0K0.5782.493782162,9231,650
2022-11-10$54.80$55.0043.6%12.5%33.3%42.1%44.8%3.0%-7.9%137.0K-1.9M-26.3K0.7278.602802032,9391,675
2022-11-11$54.78$55.0037.0%10.6%32.3%29.6%40.5%3.6%7.4%146.5K-2.4M-28.2K0.7778.382541952,9591,688
2022-11-14$55.35$55.0034.1%9.8%32.3%24.2%40.1%6.4%2.4%128.6K-2.0M-26.2K1.2487.641972442,9771,717
2022-11-15$54.87$55.0039.8%11.4%32.1%35.0%45.3%5.7%-5.7%162.3K-2.1M-27.6K0.9280.382322132,9871,784
2022-11-16$55.91$55.0041.4%11.9%32.5%37.9%41.6%6.3%-2.2%147.5K-2.4M-28.4K0.5075.884122053,0341,833
2022-11-17$55.20$55.0037.9%10.9%32.8%31.3%40.4%5.3%-0.5%105.4K-2.3M-28.8K0.9380.933303083,1661,850
2022-11-18$55.89$55.0039.1%11.2%32.6%33.6%40.3%-0.3%-3.3%166.0K-3.3M-29.5K0.7879.563692873,1711,921
2022-11-21$55.38$55.0040.4%11.6%31.6%36.0%39.7%12.6%-0.7%164.5K-2.8M-28.5K1.1176.891721912,7381,520
2022-11-22$58.97$55.0034.4%9.8%38.3%24.7%33.2%3.0%-6.1%291.9K-5.7M-29.7K2.2560.197381,6642,7521,531
2022-11-23$60.46$55.0038.1%10.9%39.1%31.8%37.7%8.0%0.3%335.5K-7.6M-32.5K4.3653.172811,2253,2492,909
2022-11-25$61.10$55.0036.6%10.5%38.5%28.9%35.5%7.3%0.5%370.6K-8.3M-33.4K0.3465.4432113,3743,484
2022-11-28$60.42$55.0038.8%11.1%38.7%33.1%38.1%6.9%-0.4%366.0K-7.7M-32.5K1.8755.331713193,4333,484
2022-11-29$61.47$55.0037.7%10.8%38.1%30.9%35.9%6.2%0.5%407.0K-8.9M-34.2K1.5457.371291993,5763,712
2022-11-30$61.63$55.0038.1%10.9%38.1%31.8%42.1%7.9%0.2%427.2K-9.0M-36.1K1.4360.1558833,6433,841