CQP Options History — April 2025

In April 2025, CQP traded between $55.56 and $67.67. ATM implied volatility averaged 38.4%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 19.1% (HV 20d: 57.5%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2025-04-07: Highest Volume — 212 contracts
  • 2025-04-04: Largest IV spike — 75.9% change
  • 2025-04-08: Highest IV Rank — 92.8%
  • 2025-04-08: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.85$55.56$67.67$67.44$57.79
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV38.4%21.0%64.6%29.9%34.4%
Expected Move10.5%6.2%14.8%9.0%9.8%
HV 20d57.5%31.5%65.3%31.8%63.9%
HV 60d44.7%35.1%47.8%35.1%46.0%
IV Rank44.1%11.9%92.8%28.5%36.7%
IV Percentile79.5%21.0%99.6%79.4%86.5%
Term Structure0.3%-15.9%16.0%0.4%1.2%
VWIV35.6%18.8%53.1%27.8%30.6%
Skew 25d13.4%-3.3%45.0%3.9%9.2%
Skew 10d20.0%-2.4%67.2%10.3%39.9%
Call IV 25d28.6%17.8%38.5%25.6%30.5%
Put IV 25d42.0%24.3%68.5%29.6%39.7%
Bid-Ask Spread %94.8677.67110.2485.4392.11
Gamma HHI0.220.190.300.300.22
Net GEX43.8K-10.9K231.8K231.8K-1.6K
Net DEX-716.2K-4.9M1.0M-4.7M114.6K
Net VEX-16.8K-20.6K-13.7K-14.7K-15.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.002.320.140.50
Total Volume84.143821211218
Total OI2,379.0952,0632,6902,3842,208

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$67.44$60.0029.9%9.0%31.8%28.5%27.8%3.9%0.4%231.8K-4.7M-14.7K0.1485.4398141,3051,079
2025-04-02$67.67$60.0021.0%7.7%31.5%11.9%28.4%2.3%-1.8%230.3K-4.9M-15.5K2.3285.9828651,3671,069
2025-04-03$64.12$60.0032.2%9.4%36.1%32.6%32.1%3.5%-0.5%135.4K-2.7M-17.6K0.1085.95179181,3661,067
2025-04-04$57.83$60.0056.6%11.4%49.6%77.9%41.1%-3.3%2.5%34.3K128.1K-20.6K0.9995.5171701,4641,064
2025-04-07$55.67$60.0063.6%14.7%50.4%90.9%53.1%22.4%-6.8%12.4K670.1K-18.8K2.3187.98641481,4611,013
2025-04-08$55.56$60.0064.6%14.8%50.4%92.8%46.0%9.2%-6.4%-10.9K1.0M-18.4K0.39103.0928111,4441,068
2025-04-09$60.00$60.0041.1%11.8%58.2%49.2%32.9%18.8%-2.3%41.8K-498.4K-19.3K1.17102.9441481,4311,077
2025-04-10$56.13$60.0048.3%13.8%62.5%62.5%42.5%8.2%-5.4%-1.6K868.4K-17.7K0.60102.01531,4121,094
2025-04-11$58.02$60.0043.3%12.4%63.6%53.2%47.4%29.3%-6.4%-310501.1K-17.5K0.3285.2637121,4071,099
2025-04-14$59.25$60.0041.0%11.8%63.9%49.0%36.5%14.2%-1.8%16.1K111.1K-17.8K0.1391.903041,4261,111
2025-04-15$60.11$60.0046.5%13.3%64.1%59.1%38.8%19.5%-15.9%18.6K-442.0K-16.6K0.0387.4412341,4391,114
2025-04-16$60.86$60.0041.9%12.0%64.2%50.7%36.7%31.3%-7.5%-10.1K-935.4K-16.2K0.22103.723681,5581,115
2025-04-17$61.31$60.0044.6%12.8%62.8%55.6%25.8%8.2%-5.8%51.5K-1.3M-17.0K0.8397.55100831,5761,114
2025-04-21$58.30$60.0038.2%11.0%65.3%43.9%37.6%9.0%0.5%5.4K56.5K-16.8K0.1877.6794171,0491,014
2025-04-22$58.52$60.0030.5%8.7%65.1%29.6%43.5%17.8%11.5%-530-91.7K-15.9K1.2990.8917221,0871,024
2025-04-23$59.23$60.0026.0%7.4%65.1%21.1%40.2%11.6%9.1%17.2K-266.0K-16.4K1.4292.4212171,0921,034
2025-04-24$59.28$60.0028.2%8.1%64.8%25.3%32.2%5.7%16.0%24.0K-391.7K-16.4K0.05106.985731,0861,049
2025-04-25$59.31$60.0029.5%8.5%64.8%27.7%29.5%7.6%2.0%21.3K-383.4K-15.6K0.0298.3716031,1181,052
2025-04-28$60.21$60.0021.6%6.2%65.2%13.0%18.8%7.9%14.8%52.8K-1.0M-13.7K0.00108.561001,1481,053
2025-04-29$60.21$60.0023.1%6.6%63.6%15.8%25.6%45.0%9.5%50.7K-838.4K-14.7K0.13110.24811,1511,056
2025-04-30$57.79$60.0034.4%9.8%63.9%36.7%30.6%9.2%1.2%-1.6K114.6K-15.7K0.5092.111261,1531,055