CQP Options History — September 2024

In September 2024, CQP traded between $47.74 and $49.63. ATM implied volatility averaged 24.7%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 2.3% (HV 20d: 22.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 2.14.

Notable Days

  • 2024-09-23: Highest Volume — 340 contracts
  • 2024-09-17: Largest IV spike — 46.4% change
  • 2024-09-10: Highest IV Rank — 46.0%
  • 2024-09-03: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.45$47.74$49.63$48.00$48.47
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV24.7%14.6%40.2%31.0%22.3%
Expected Move6.0%4.2%8.9%8.9%6.4%
HV 20d22.4%17.5%26.8%25.8%17.6%
HV 60d22.5%22.2%22.7%22.7%22.3%
IV Rank18.1%0.0%46.0%30.4%14.2%
IV Percentile34.3%0.0%95.2%77.0%22.2%
Term Structure2.2%-13.2%11.9%-9.4%2.7%
VWIV24.9%15.2%30.9%25.8%22.0%
Skew 25d8.3%-2.5%29.8%3.2%-2.5%
Skew 10d20.1%-0.1%56.6%56.6%-0.1%
Call IV 25d18.9%14.3%26.2%26.2%21.2%
Put IV 25d27.2%18.8%46.6%29.4%18.8%
Bid-Ask Spread %111.94102.85121.37110.56119.61
Gamma HHI0.410.280.590.540.46
Net GEX-82.5K-225.7K-19.2K-170.9K-57.5K
Net DEX798.2K117.3K1.6M1.5M487.2K
Net VEX-13.4K-17.7K-10.9K-13.5K-14.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.140.0016.500.590.03
Total Volume76.1523403534
Total OI2,812.551,6443,3122,9522,289

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$48.00$50.0031.0%8.9%25.8%30.4%25.8%3.2%-9.4%-170.9K1.5M-13.5K0.59110.5622131,1401,812
2024-09-04$48.45$50.0028.5%8.2%26.2%25.7%0.0%4.9%-13.2%-159.7K1.2M-13.3K1.00107.95111,1371,825
2024-09-05$47.74$50.0036.2%4.4%25.9%38.5%15.2%11.0%10.2%-181.9K1.6M-13.7K4.00110.80251001,1381,844
2024-09-06$48.64$50.0038.6%5.7%26.8%43.1%19.4%11.6%4.9%-225.7K807.2K-12.4K0.28109.4439111,1481,944
2024-09-09$49.00$50.0036.3%5.4%25.1%38.8%0.0%29.8%3.1%-114.9K574.3K-12.7K1.64121.3711181,1741,940
2024-09-10$49.63$50.0040.2%6.8%24.5%46.0%0.0%9.4%-1.8%-78.3K117.3K-11.4K0.22102.85921,1851,938
2024-09-11$48.68$50.0022.2%6.4%25.4%11.8%30.9%13.6%7.4%-38.0K614.9K-12.9K0.50109.831471,1901,940
2024-09-12$48.84$50.0019.5%5.6%23.8%6.7%0.0%10.3%7.1%-73.3K670.6K-12.1K0.00118.262101,1931,947
2024-09-13$48.77$50.0015.4%4.4%23.6%0.0%28.5%11.0%8.9%-135.9K845.6K-13.6K4.52118.40231041,2071,957
2024-09-16$48.41$50.0014.6%4.2%21.6%0.0%25.8%8.6%10.4%-55.3K1.0M-12.9K0.07117.385641,2022,055
2024-09-17$48.62$50.0021.3%6.1%20.5%12.5%29.4%13.9%11.9%-66.6K984.8K-13.2K0.92109.5624221,2242,059
2024-09-18$48.62$50.0020.8%6.0%20.0%11.6%23.6%3.2%1.8%-51.8K982.6K-12.8K5.41113.0117921,2462,054
2024-09-19$47.85$50.0020.1%5.8%20.6%10.2%27.0%8.7%-3.1%-22.9K1.4M-13.0K16.50111.162331,2512,061
2024-09-20$47.82$50.0019.6%5.6%20.2%9.4%30.7%8.8%2.4%-51.4K866.9K-11.3K0.26113.2742111,2501,948
2024-09-23$48.59$50.0019.4%5.6%21.0%9.1%20.1%6.5%-9.6%-42.5K335.7K-10.9K1.64106.47129211723921
2024-09-24$48.56$50.0022.2%6.4%20.7%14.1%0.0%7.1%6.6%-19.2K475.3K-15.7K0.00105.052208441,055
2024-09-25$48.16$50.0021.9%6.3%20.6%13.7%25.7%3.9%3.7%-43.5K664.5K-14.3K2.01109.311062138681,055
2024-09-26$47.84$50.0020.9%6.0%20.5%11.7%0.0%0.6%-3.1%-37.7K574.1K-16.5K2.62112.8413349691,253
2024-09-27$48.24$50.0022.6%6.5%17.5%14.9%22.0%2.4%3.3%-23.2K279.1K-17.7K0.54111.6024139791,286
2024-09-30$48.47$50.0022.3%6.4%17.6%14.2%0.0%-2.5%2.7%-57.5K487.2K-14.3K0.03119.613319901,299