CQP Options History — April 2024

In April 2024, CQP traded between $46.20 and $50.25. ATM implied volatility averaged 27.7%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 7.3% (HV 20d: 20.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 2.42.

Notable Days

  • 2024-04-11: Highest Volume — 463 contracts
  • 2024-04-12: Largest IV spike — 40.2% change
  • 2024-04-12: Highest IV Rank — 78.3%
  • 2024-04-12: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.26$46.20$50.25$49.48$48.70
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV27.7%19.9%41.7%25.5%31.1%
Expected Move8.2%5.7%12.0%7.3%8.9%
HV 20d20.4%18.6%25.6%18.7%25.6%
HV 60d22.6%22.0%23.5%22.3%23.5%
IV Rank35.8%12.5%78.3%23.7%56.2%
IV Percentile49.6%4.4%96.8%36.1%77.0%
Term Structure-0.1%-10.5%11.0%1.9%-2.0%
VWIV27.8%19.8%38.5%26.3%30.1%
Skew 25d17.6%-2.8%106.5%-1.6%51.5%
Skew 10d31.7%-3.9%155.1%-3.6%75.1%
Call IV 25d27.0%18.9%41.4%29.0%31.3%
Put IV 25d44.5%26.5%147.9%27.4%82.8%
Bid-Ask Spread %101.6582.93111.4087.12104.87
Gamma HHI0.370.250.530.250.36
Net GEX-39.8K-113.4K35.1K20.4K-41.8K
Net DEX1.2M-282.8K2.7M263.1K675.4K
Net VEX-13.6K-15.7K-11.8K-13.9K-13.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.420.0420.000.910.26
Total Volume109.52146321106
Total OI2,921.3182,6203,2182,6333,046

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$49.48$50.0025.5%7.3%18.7%23.7%26.3%-1.6%1.9%20.4K263.1K-13.9K0.9187.1211101,5391,094
2024-04-02$49.65$50.0025.3%7.2%18.7%23.2%25.9%-1.9%4.3%26.9K163.1K-14.1K2.10101.0231651,5391,088
2024-04-03$50.08$50.0023.8%6.8%18.9%20.1%19.8%10.0%6.2%35.1K-98.9K-13.6K0.5796.7154311,5181,102
2024-04-04$49.46$50.0023.6%8.9%19.2%19.5%29.6%3.5%-1.5%22.3K322.9K-14.5K0.6797.15113761,5561,138
2024-04-05$48.59$50.0020.4%9.0%19.6%12.5%31.4%11.5%-4.3%14.2K680.7K-15.4K1.9598.4539761,6281,178
2024-04-08$48.10$50.0025.1%8.5%19.9%22.9%29.7%2.1%-1.0%-14.8K1.3M-13.3K20.0082.931201,6291,171
2024-04-09$47.45$50.0032.4%8.9%19.7%38.9%32.7%5.0%5.3%-20.6K1.6M-13.5K0.79103.2078621,6291,191
2024-04-10$47.22$50.0039.3%11.3%19.6%71.4%26.5%10.9%-7.3%-47.7K1.9M-12.8K6.29101.927441,5961,236
2024-04-11$47.06$50.0029.8%8.5%19.2%43.7%28.5%11.6%-4.6%-68.7K2.2M-11.8K0.75100.132651981,5971,279
2024-04-12$46.69$50.0041.7%12.0%19.2%78.3%38.5%9.3%-10.5%-46.5K2.0M-15.7K6.5093.616391,6621,394
2024-04-15$46.20$50.0025.1%7.2%19.1%30.1%31.5%21.0%11.0%-94.6K2.7M-13.3K0.08104.275241,6671,425
2024-04-16$46.44$50.0024.8%7.1%19.3%29.1%21.5%18.5%5.7%-113.4K2.7M-12.3K0.26106.70133351,6671,428
2024-04-17$46.66$50.0023.7%6.8%18.6%26.2%28.4%16.2%6.5%-105.6K2.5M-12.5K0.04105.935221,6921,461
2024-04-18$48.53$50.0027.1%7.8%21.9%36.1%28.6%10.8%1.8%-39.9K1.3M-14.3K2.06111.4032661,7051,463
2024-04-19$49.19$50.0028.1%8.1%22.3%38.9%25.6%-1.8%-4.8%-51.2K1.2M-14.5K4.69103.7413611,7391,479
2024-04-22$48.63$50.0027.9%8.0%21.4%38.3%26.1%9.0%-0.7%-83.4K1.1M-13.2K0.17101.48178311,4211,316
2024-04-23$47.98$50.0030.7%8.8%21.8%46.3%31.0%5.3%-6.5%-81.0K1.2M-12.7K0.35100.9872251,5901,325
2024-04-24$47.98$50.0028.7%8.2%21.2%40.5%29.1%-2.8%-7.6%-70.0K1.2M-13.2K1.10110.5948531,5851,348
2024-04-25$48.39$50.0028.1%8.1%21.1%38.9%22.4%106.5%2.8%-74.1K1.2M-13.0K0.27110.872261,6111,401
2024-04-26$49.01$50.0019.9%5.7%21.2%15.2%19.9%50.8%4.6%-38.1K733.3K-13.4K0.43105.0723101,6231,407
2024-04-29$50.25$50.0027.6%7.9%23.0%37.3%27.5%40.8%-2.1%-2.2K-282.8K-14.2K2.98108.14401191,6781,428
2024-04-30$48.70$50.0031.1%8.9%25.6%56.2%30.1%51.5%-2.0%-41.8K675.4K-13.5K0.26104.8784221,6891,357