CQP Options History — December 2022

In December 2022, CQP traded between $56.28 and $60.25. ATM implied volatility averaged 35.9%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 0.2% (HV 20d: 35.7%). 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 14 of 21 days. Put/call ratio averaged 1.09.

Notable Days

  • 2022-12-09: Highest Volume — 446 contracts
  • 2022-12-28: Largest IV spike — 64.3% change
  • 2022-12-08: Highest IV Rank — 73.9%
  • 2022-12-28: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.00$56.28$60.25$59.64$57.20
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV35.9%23.8%60.5%36.1%36.7%
Expected Move9.4%6.8%12.0%10.3%10.5%
HV 20d35.7%32.7%38.9%38.3%33.0%
HV 60d35.7%32.7%39.6%39.6%32.7%
IV Rank27.6%4.9%73.9%27.9%29.2%
IV Percentile33.9%2.4%97.6%32.9%36.5%
Term Structure5.5%-3.3%30.1%-0.3%-1.6%
VWIV33.9%21.4%44.7%35.8%35.7%
Skew 25d6.3%2.5%19.3%5.5%5.4%
Skew 10d11.8%-1.5%25.4%5.2%11.5%
Call IV 25d33.2%21.0%39.7%34.4%34.4%
Put IV 25d39.5%32.7%44.2%39.9%39.8%
Bid-Ask Spread %79.8756.32101.8656.3285.35
Gamma HHI0.350.220.540.410.28
Net GEX261.9K133.4K481.9K379.6K181.4K
Net DEX-3.9M-7.1M-2.1M-6.5M-2.6M
Net VEX-28.4K-35.0K-24.0K-35.0K-24.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.0011.252.000.05
Total Volume129.381644612923
Total OI6,012.5713,5017,9097,5643,839

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$59.64$55.0036.1%10.3%38.3%27.9%35.8%5.5%-0.3%379.6K-6.5M-35.0K2.0056.3243863,6573,907
2022-12-02$59.49$55.0033.2%9.5%36.4%22.5%33.7%4.5%1.3%371.5K-6.0M-34.1K1.6461.6736593,6603,963
2022-12-05$58.99$55.0037.0%9.9%36.5%29.7%34.8%6.3%3.0%350.6K-5.5M-32.6K0.1465.925173,6313,933
2022-12-06$56.84$55.0054.5%10.9%38.9%62.5%38.3%5.2%8.1%223.3K-3.2M-31.3K0.6970.4785593,6103,930
2022-12-07$56.73$55.0044.0%9.8%38.9%42.9%38.2%5.3%5.3%240.2K-3.1M-30.9K11.2573.80121353,5953,956
2022-12-08$57.48$55.0060.5%8.8%34.5%73.9%35.9%2.5%30.1%239.0K-3.6M-31.9K1.3385.5927363,5954,043
2022-12-09$57.41$55.0028.3%11.4%33.9%13.3%37.0%4.1%2.3%245.7K-3.1M-30.3K0.6678.122691773,6194,059
2022-12-12$58.14$55.0037.4%10.7%34.0%30.4%36.8%5.1%-3.3%327.2K-4.2M-30.0K0.2875.06185523,6024,058
2022-12-13$60.25$55.0051.9%8.7%35.9%57.6%31.8%2.5%-0.1%481.9K-7.1M-28.9K0.0567.64237133,7934,066
2022-12-14$58.66$55.0031.6%9.1%37.3%19.5%33.7%3.6%3.4%395.6K-4.7M-27.8K0.7181.2041293,7894,069
2022-12-15$58.70$55.0030.0%8.6%36.9%16.6%21.4%19.3%1.4%439.5K-4.3M-26.3K0.5684.67145813,7924,088
2022-12-16$58.70$55.0028.3%8.1%36.4%13.4%33.0%8.7%6.2%150.1K-3.9M-27.4K0.2288.0973163,8504,059
2022-12-19$56.65$55.0035.6%10.2%38.7%27.0%35.5%7.8%5.5%133.4K-2.1M-25.1K0.6981.03109752,1821,319
2022-12-20$56.91$55.0029.5%8.5%38.6%15.6%26.9%9.7%26.5%138.8K-2.4M-25.9K0.0580.2013872,2001,387
2022-12-21$58.77$55.0023.8%6.8%33.3%4.9%27.6%8.1%-0.3%205.8K-4.1M-26.8K0.0094.2718502,2871,392
2022-12-22$57.53$55.0027.0%7.7%32.7%10.9%32.2%8.8%-2.7%197.4K-3.3M-26.8K0.0680.241612,4471,392
2022-12-23$58.86$55.0029.3%8.4%33.6%15.2%31.3%2.5%4.1%228.3K-4.0M-26.4K0.0979.943232,4611,393
2022-12-27$57.77$55.0025.4%7.3%34.0%7.9%32.0%8.8%9.5%233.3K-3.7M-25.9K0.5095.46422,4901,396
2022-12-28$56.28$55.0041.7%12.0%34.2%38.6%44.7%4.5%-0.5%161.1K-2.2M-25.7K1.7490.2942732,4961,394
2022-12-29$57.03$55.0032.4%9.3%34.7%21.0%35.8%4.8%16.5%176.0K-2.5M-24.0K0.15101.864672,4961,369
2022-12-30$57.20$55.0036.7%10.5%33.0%29.2%35.7%5.4%-1.6%181.4K-2.6M-24.3K0.0585.352212,4681,371