CQP Options History — August 2023

In August 2023, CQP traded between $48.92 and $52.83. ATM implied volatility averaged 23.2%, placing in the 3.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 0.0% (HV 20d: 23.1%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 1.70.

Notable Days

  • 2023-08-03: Highest Volume — 766 contracts
  • 2023-08-16: Largest IV spike — 61.0% change
  • 2023-08-16: Highest IV Rank — 13.9%
  • 2023-08-16: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.71$48.92$52.83$51.83$52.83
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV23.2%17.8%36.9%18.2%17.8%
Expected Move6.7%5.1%10.6%5.2%5.1%
HV 20d23.1%14.6%24.9%15.5%24.6%
HV 60d21.9%20.5%22.8%21.1%20.6%
IV Rank3.8%0.0%13.9%0.2%0.0%
IV Percentile10.4%0.0%56.0%0.4%0.0%
Term Structure1.0%-10.1%13.2%10.1%13.2%
VWIV21.8%13.3%35.6%19.6%18.4%
Skew 25d8.0%1.3%18.9%11.0%5.5%
Skew 10d26.4%0.8%126.8%126.8%7.3%
Call IV 25d18.6%13.6%23.9%14.0%17.8%
Put IV 25d26.6%23.3%32.6%24.9%23.3%
Bid-Ask Spread %78.0030.5494.2188.0192.29
Gamma HHI0.420.330.690.430.69
Net GEX113.6K-91.6K377.7K155.8K377.7K
Net DEX-1.5M-3.7M667.2K-2.7M-3.7M
Net VEX-11.4K-13.8K-9.1K-10.5K-13.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.700.0229.201.000.18
Total Volume128.5651076610172
Total OI2,544.6962,2133,0362,6603,036

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$51.83$50.0018.2%5.2%15.5%0.2%19.6%11.0%10.1%155.8K-2.7M-10.5K1.0088.01551,6071,053
2023-08-02$51.62$50.0020.8%6.0%15.2%2.1%21.5%12.7%6.4%135.2K-2.4M-11.7K0.2085.854591,6061,054
2023-08-03$52.20$50.0021.4%6.4%14.6%2.5%22.1%4.8%3.2%154.5K-3.2M-10.0K0.0489.45733331,6131,060
2023-08-04$49.78$50.0022.0%5.6%24.0%3.0%19.7%4.8%-0.2%-25.1K-15.3K-11.3K0.5488.5148261,3051,074
2023-08-07$50.40$50.0020.7%7.3%24.2%2.0%26.0%2.8%-2.4%-91.6K-318.3K-11.2K0.1485.375681,2961,060
2023-08-08$49.86$50.0024.2%7.5%24.3%4.6%24.9%6.0%-2.9%-40.4K-371.8K-11.8K0.5082.2052261,3271,059
2023-08-09$49.58$50.0021.3%6.1%24.2%2.5%22.1%1.8%1.9%-74.1K-159.7K-10.5K0.0387.286221,3491,028
2023-08-10$48.92$50.0021.3%6.1%24.3%2.4%24.6%1.3%0.3%-91.0K667.2K-9.1K0.4551.9844201,3351,032
2023-08-11$49.66$50.0021.3%6.1%24.4%2.5%15.4%8.9%2.7%-15.6K-153.5K-10.1K29.2040.50102921,3751,033
2023-08-14$49.55$50.0021.1%6.0%24.3%2.3%21.7%7.1%-1.0%51.4K-567.5K-9.5K0.3347.3833111,378835
2023-08-15$49.09$50.0022.9%6.6%23.7%3.7%19.0%6.4%2.0%36.4K-270.6K-9.5K0.0530.546431,406841
2023-08-16$50.17$50.0036.9%10.6%24.0%13.9%35.6%18.9%-10.1%42.7K-1.4M-11.3K1.0058.26771,447843
2023-08-17$50.16$50.0025.9%7.4%24.0%5.8%21.3%5.3%-0.6%-1.1K-1.2M-10.2K0.0655.561811,448844
2023-08-18$51.16$50.0024.4%7.0%24.8%4.8%24.9%6.3%4.1%141.4K-2.0M-10.3K0.2488.49179431,462845
2023-08-21$51.33$50.0024.6%7.1%24.2%4.9%24.6%7.7%-3.9%177.2K-2.1M-11.3K0.7691.8589681,536704
2023-08-22$51.11$50.0023.0%6.6%24.2%3.7%21.2%5.1%-0.4%181.0K-1.9M-11.8K0.8989.2818161,624762
2023-08-23$50.42$50.0022.0%6.3%24.7%3.0%13.3%9.7%0.1%151.8K-1.5M-11.8K0.0286.7651391,640777
2023-08-24$50.55$50.0022.7%6.5%24.7%3.5%14.0%9.2%0.9%221.7K-1.9M-13.1K0.6790.81962,151782
2023-08-25$50.97$50.0022.0%6.3%24.9%3.0%22.2%9.0%6.0%241.0K-2.1M-13.1K0.4791.001572,152788
2023-08-28$51.36$50.0026.6%7.6%24.3%6.3%24.4%14.7%-0.1%274.7K-2.6M-13.2K0.3489.3158202,161794
2023-08-29$51.72$50.0026.1%7.5%24.3%6.0%26.3%18.8%-5.0%283.7K-2.7M-13.8K1.3194.2113172,167824
2023-08-30$52.12$50.0025.6%7.3%24.4%5.6%19.0%6.2%-0.9%325.1K-2.8M-12.7K0.6789.0251342,180835
2023-08-31$52.83$50.0017.8%5.1%24.6%0.0%18.4%5.5%13.2%377.7K-3.7M-13.2K0.1892.29146262,206830