CQP Options History — July 2024

In July 2024, CQP traded between $48.84 and $54.39. ATM implied volatility averaged 23.7%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 6.9% (HV 20d: 16.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2024-07-18: Highest Volume — 127 contracts
  • 2024-07-08: Largest IV spike — 43.3% change
  • 2024-07-15: Highest IV Rank — 26.7%
  • 2024-07-05: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.92$48.84$54.39$48.95$52.73
Max Pain$47.95$45.00$50.00$50.00$45.00
ATM IV23.7%16.1%29.0%25.2%24.2%
Expected Move7.0%4.7%8.4%7.2%6.9%
HV 20d16.8%14.8%20.4%18.5%20.4%
HV 60d21.7%19.8%22.9%22.5%20.2%
IV Rank16.7%2.6%26.7%19.5%17.7%
IV Percentile35.6%0.8%69.8%44.8%37.7%
Term Structure4.8%-9.4%13.6%13.6%11.9%
VWIV31.8%16.2%61.4%16.9%33.4%
Skew 25d22.3%0.9%73.5%11.0%11.5%
Skew 10d39.6%2.7%92.5%4.6%33.7%
Call IV 25d17.1%11.8%24.1%13.3%17.5%
Put IV 25d39.5%17.7%97.6%24.3%29.0%
Bid-Ask Spread %120.18109.48129.37109.48123.09
Gamma HHI0.410.310.660.310.36
Net GEX119.5K56.8K177.4K56.8K88.0K
Net DEX-2.0M-3.6M-427.9K-515.3K-1.7M
Net VEX-12.6K-15.9K-10.3K-15.9K-11.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.005.000.190.22
Total Volume44.45531274455
Total OI2,364.3642,1092,6262,4302,146

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$48.95$50.0025.2%7.2%18.5%19.5%16.9%11.0%13.6%56.8K-515.3K-15.9K0.19109.483771,2621,168
2024-07-02$49.14$50.0020.4%5.8%17.3%10.6%0.0%7.8%5.5%74.9K-779.4K-15.5K0.00115.673101,2981,165
2024-07-03$49.64$50.0017.9%5.1%17.3%5.9%0.0%10.9%9.1%177.4K-1.1M-15.2K0.00123.22301,3071,165
2024-07-05$48.84$50.0016.1%8.4%18.3%2.6%0.0%9.9%-0.8%103.9K-427.9K-12.5K0.39119.731871,3101,165
2024-07-08$49.67$50.0023.1%7.8%18.5%15.6%0.0%11.8%8.5%93.3K-1.0M-15.6K0.13122.823041,3121,172
2024-07-09$49.81$50.0026.4%7.6%16.5%21.7%0.0%0.9%1.0%87.6K-1.1M-14.2K0.18120.591121,2971,170
2024-07-10$50.20$50.0027.5%7.9%16.2%23.8%27.5%4.0%10.4%87.0K-1.3M-15.1K0.49110.5339191,3071,168
2024-07-11$51.15$50.0028.4%8.1%17.3%25.5%44.0%39.1%2.1%124.4K-2.0M-13.3K0.86114.2450431,3131,156
2024-07-12$52.08$50.0025.8%7.4%18.2%20.6%26.8%23.4%-1.3%137.5K-2.8M-10.8K1.00117.6133331,3411,186
2024-07-15$51.91$50.0029.0%8.3%17.9%26.7%0.0%44.6%-9.4%152.9K-2.6M-10.6K1.14121.4814161,3671,209
2024-07-16$52.43$50.0022.7%6.5%15.7%14.9%18.8%13.9%-3.9%136.5K-2.9M-12.9K1.95116.8721411,3751,205
2024-07-17$52.51$50.0016.5%4.7%14.8%3.3%51.7%6.0%12.1%163.0K-3.1M-11.6K2.57123.707181,4001,226
2024-07-18$53.36$50.0022.4%6.4%14.8%14.4%16.2%30.2%7.7%145.9K-3.6M-11.7K0.14127.34111161,4031,220
2024-07-19$53.73$45.0026.1%7.5%14.8%21.2%21.2%54.4%-0.8%107.6K-2.5M-11.4K0.13122.636281,1431,206
2024-07-22$54.39$45.0027.5%7.9%15.0%23.7%21.6%58.7%3.8%129.9K-2.7M-11.2K2.28117.2225571,1381,020
2024-07-23$53.61$45.0021.8%6.3%16.2%13.3%40.5%18.3%11.5%113.3K-2.3M-11.4K0.65124.1917111,152964
2024-07-24$53.08$45.0023.1%6.6%16.6%15.7%61.4%17.7%3.3%120.6K-2.1M-11.7K0.06121.145031,146973
2024-07-25$53.36$45.0024.2%6.9%16.6%17.7%0.0%18.6%12.2%118.3K-2.1M-11.8K0.29129.37721,140970
2024-07-26$53.53$45.0021.4%6.1%16.5%12.5%44.0%13.6%10.1%109.7K-2.2M-12.3K5.00122.38151,137972
2024-07-29$53.73$45.0025.5%7.3%16.2%20.1%0.0%11.7%2.9%142.3K-2.3M-11.1K0.76123.4017131,136973
2024-07-30$54.36$45.0025.4%7.3%16.0%20.0%21.1%73.5%-4.9%157.5K-2.7M-10.3K0.36117.232591,151982
2024-07-31$52.73$45.0024.2%6.9%20.4%17.7%33.4%11.5%11.9%88.0K-1.7M-11.9K0.22123.0945101,161985