CQP Options History — July 2025

In July 2025, CQP traded between $52.67 and $57.63. ATM implied volatility averaged 28.2%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.1% (HV 20d: 23.1%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 3.00.

Notable Days

  • 2025-07-30: Highest Volume — 281 contracts
  • 2025-07-31: Largest IV spike — 50.6% change
  • 2025-07-01: Highest IV Rank — 44.4%
  • 2025-07-01: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.97$52.67$57.63$55.52$57.63
Max Pain$57.50$55.00$60.00$55.00$55.00
ATM IV28.2%19.2%36.8%36.8%29.3%
Expected Move7.9%5.5%10.6%10.6%8.4%
HV 20d23.1%20.7%27.3%27.3%24.7%
HV 60d30.1%26.8%42.7%42.7%27.5%
IV Rank27.3%9.2%44.4%44.4%29.5%
IV Percentile59.6%6.3%91.7%91.7%68.7%
Term Structure-2.0%-12.3%9.8%-12.3%0.1%
VWIV28.5%21.4%33.3%21.4%27.5%
Skew 25d5.7%-8.1%39.0%7.8%3.0%
Skew 10d20.0%-8.4%65.1%4.8%36.3%
Call IV 25d28.6%17.3%36.0%27.8%27.0%
Put IV 25d34.4%22.2%67.9%35.5%30.0%
Bid-Ask Spread %98.8065.13113.0383.3188.83
Gamma HHI0.340.260.460.460.33
Net GEX44.4K-32.9K147.9K147.9K55.5K
Net DEX-87.9K-1.7M1.2M-811.8K-1.7M
Net VEX-16.1K-19.4K-12.0K-19.4K-16.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.000.0020.000.252.09
Total Volume74.227122812034
Total OI2,686.4092,1782,9772,6932,628

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$55.52$55.0036.8%10.6%27.3%44.4%0.0%7.8%-12.3%147.9K-811.8K-19.4K0.2583.311641,949744
2025-07-02$55.96$55.0024.4%7.0%25.0%19.7%21.4%17.4%1.7%143.1K-713.4K-19.0K0.3965.131871,954746
2025-07-03$55.84$60.0029.8%8.5%23.6%30.3%33.3%-2.6%-5.4%143.2K-781.7K-19.3K20.00112.082401,962751
2025-07-07$55.68$60.0026.7%7.6%22.9%24.1%26.4%3.3%-0.3%92.9K-322.8K-18.4K0.6093.8235211,964791
2025-07-08$55.12$60.0036.2%7.1%23.0%43.2%0.0%-5.6%-4.1%86.0K-69.7K-17.2K0.10113.032021,987816
2025-07-09$54.91$60.0031.8%9.1%21.4%34.4%21.9%-8.1%-7.6%42.8K275.4K-16.4K17.00106.831171,997817
2025-07-10$54.81$60.0033.1%9.5%21.4%37.1%31.2%1.4%-4.0%64.0K201.9K-16.1K0.50101.8232161,997831
2025-07-11$54.55$60.0027.2%7.8%20.7%25.2%0.0%4.5%1.5%76.1K64.7K-16.3K0.20110.301022,020846
2025-07-14$55.17$60.0028.5%8.2%20.8%27.9%0.0%2.4%-2.4%17.1K-18.8K-15.4K0.00106.9511602,028847
2025-07-15$53.82$60.0025.5%7.3%21.9%21.8%29.7%-1.9%-8.4%30.1K493.8K-15.7K11.00106.523332,085847
2025-07-16$53.51$60.0025.8%7.4%21.8%22.4%31.0%-3.0%-2.2%-15.3K891.7K-13.8K0.38108.5956212,088878
2025-07-17$53.31$60.0030.3%8.7%21.6%31.4%30.1%-0.3%-8.0%-6.1K929.2K-14.6K0.92102.1112112,088889
2025-07-18$54.51$60.0032.6%9.3%23.2%36.0%27.4%-1.1%-5.0%15.1K496.1K-15.3K0.4293.0266282,082885
2025-07-21$52.98$55.0032.4%9.3%24.4%35.7%33.1%10.7%9.8%-5.6K685.1K-14.8K0.66102.7776501,355823
2025-07-22$52.67$55.0023.4%6.7%24.4%17.7%30.2%13.0%5.6%-32.9K1.2M-12.0K0.5099.4826131,429854
2025-07-23$53.25$55.0019.2%5.5%23.5%9.2%24.3%8.7%-1.2%9.0K569.9K-15.8K8.5393.16171451,439866
2025-07-24$54.84$55.0022.2%6.4%23.9%15.3%26.9%39.0%3.2%632274.3K-12.8K0.1790.9493161,4541,005
2025-07-25$55.12$55.0030.3%8.7%21.8%31.4%30.6%3.6%-10.2%-22.4K63.2K-14.3K0.07100.909161,4911,021
2025-07-28$55.64$55.0029.1%8.3%21.6%29.1%29.1%37.9%-3.4%22.7K-605.6K-16.9K0.5592.4978431,5481,017
2025-07-29$57.50$55.0026.8%7.7%24.5%24.4%31.6%-1.2%5.3%76.0K-1.6M-17.1K1.42100.8931441,5821,036
2025-07-30$57.05$55.0019.5%5.6%24.6%9.8%27.5%-2.5%4.0%37.4K-1.5M-17.4K0.16100.73243381,5961,068
2025-07-31$57.63$55.0029.3%8.4%24.7%29.5%27.5%3.0%0.1%55.5K-1.7M-16.3K2.0988.8311231,5321,096