CQP Options History — May 2024

In May 2024, CQP traded between $46.98 and $51.16. ATM implied volatility averaged 28.5%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 0.9% (HV 20d: 27.6%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.35.

Notable Days

  • 2024-05-10: Highest Volume — 541 contracts
  • 2024-05-09: Largest IV spike — 97.0% change
  • 2024-05-09: Highest IV Rank — 100.0%
  • 2024-05-01: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.08$46.98$51.16$49.09$48.47
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV28.5%17.1%68.5%36.9%21.6%
Expected Move6.5%4.9%10.6%10.6%6.2%
HV 20d27.6%23.7%31.4%25.6%23.7%
HV 60d23.2%22.4%24.0%23.5%22.7%
IV Rank34.0%4.5%100.0%75.9%12.9%
IV Percentile37.2%0.4%100.0%95.2%16.7%
Term Structure5.6%-9.6%15.7%-9.6%13.6%
VWIV23.5%13.7%33.3%32.3%23.9%
Skew 25d12.0%-6.5%65.2%65.2%2.9%
Skew 10d20.3%-10.2%90.1%90.1%7.9%
Call IV 25d22.8%13.0%30.9%30.9%26.1%
Put IV 25d34.8%20.5%96.2%96.2%29.0%
Bid-Ask Spread %103.0892.31112.11111.53108.94
Gamma HHI0.340.260.500.310.35
Net GEX42.3K-63.1K229.7K-5.1K28.6K
Net DEX-79.8K-1.5M1.5M249.4K153.1K
Net VEX-14.9K-17.4K-11.0K-14.0K-14.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.0010.009.170.00
Total Volume81.18265411228
Total OI3,296.7733,0573,4813,0573,419

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$49.09$50.0036.9%10.6%25.6%75.9%32.3%65.2%-9.6%-5.1K249.4K-14.0K9.17111.53121101,6801,377
2024-05-02$49.84$50.0027.8%8.0%25.8%44.9%27.8%47.1%-3.6%-7.1K-245.0K-13.7K0.00103.234901,6781,477
2024-05-03$51.16$50.0028.2%8.1%26.4%46.2%30.4%27.3%-7.0%106.4K-1.2M-12.9K0.07112.119571,6731,477
2024-05-06$50.76$50.0019.9%6.3%26.3%17.8%22.3%22.4%0.1%104.9K-1.1M-11.0K0.5098.1576381,7401,477
2024-05-07$50.92$50.0020.6%6.3%25.6%20.3%22.0%20.9%3.9%229.7K-1.5M-12.5K0.5495.3852281,7851,487
2024-05-08$49.91$50.0022.7%6.6%26.8%27.3%23.0%1.6%3.7%14.4K-317.8K-15.3K0.9594.8439371,6611,483
2024-05-09$48.41$50.0044.7%6.1%29.2%100.0%24.4%5.6%15.7%-11.2K407.0K-15.8K1.0298.5555561,6911,469
2024-05-10$47.78$50.0050.0%5.9%29.5%100.0%13.7%12.7%13.5%-24.2K789.3K-16.0K0.22105.06442991,7351,474
2024-05-13$46.98$50.0068.5%5.8%29.9%100.0%21.2%0.5%8.6%-63.1K1.5M-14.4K2.0095.2818361,8651,504
2024-05-14$48.27$50.0053.4%6.3%31.3%72.0%21.2%3.6%2.3%8.4K640.7K-15.0K0.0492.3114461,8691,517
2024-05-15$47.97$50.0022.5%6.4%31.4%14.5%20.7%-1.7%3.9%-11.3K827.4K-15.5K0.4295.1540171,9021,516
2024-05-16$48.55$50.0021.2%6.1%28.4%12.1%22.4%-3.5%11.3%-114342.5K-16.1K0.56102.3443241,8991,528
2024-05-17$49.49$50.0022.6%6.5%28.8%14.8%27.0%-6.5%-5.7%25.2K-329.2K-16.2K1.14106.3821241,9411,540
2024-05-20$49.36$50.0021.6%6.2%28.5%12.9%21.6%3.9%7.0%60.0K-532.2K-16.0K0.22107.8446101,8381,411
2024-05-21$49.70$50.0017.1%4.9%28.1%4.5%33.3%51.7%10.5%158.0K-626.6K-15.4K1.00109.89331,8741,419
2024-05-22$48.95$50.0018.4%5.3%28.7%6.9%19.0%1.7%4.2%63.5K-198.0K-13.6K0.07109.224331,8921,423
2024-05-23$49.25$50.0020.2%5.8%28.7%10.2%20.2%9.0%12.9%105.1K-595.1K-17.4K0.00108.981701,9101,426
2024-05-24$49.06$50.0020.0%5.7%28.4%9.9%20.2%5.3%7.5%73.0K-362.1K-15.4K0.00108.132201,9151,426
2024-05-28$48.86$50.0024.0%6.9%26.8%17.3%23.5%-3.6%4.5%30.6K-50.7K-15.6K0.00103.360111,9371,426
2024-05-29$48.77$50.0021.5%6.2%24.4%12.6%23.3%-3.2%12.4%45.6K68.7K-15.5K10.0099.201101,9431,431
2024-05-30$48.31$50.0023.4%6.7%24.4%16.1%23.8%0.7%13.9%443266.3K-16.0K0.37101.9830111,9441,450
2024-05-31$48.47$50.0021.6%6.2%23.7%12.9%23.9%2.9%13.6%28.6K153.1K-14.7K0.00108.94801,9611,458