CQP Options History — October 2025

In October 2025, CQP traded between $50.16 and $54.18. ATM implied volatility averaged 32.3%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 11.4% (HV 20d: 20.9%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 1.17.

Notable Days

  • 2025-10-22: Highest Volume — 140 contracts
  • 2025-10-15: Largest IV drop — 49.6% change
  • 2025-10-14: Highest IV Rank — 96.0%
  • 2025-10-28: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.60$50.16$54.18$53.91$51.94
Max Pain$53.91$50.00$55.00$55.00$55.00
ATM IV32.3%21.6%62.6%21.6%31.6%
Expected Move8.3%5.1%10.9%6.2%9.1%
HV 20d20.9%18.6%25.3%19.4%25.3%
HV 60d21.4%20.4%22.3%22.2%21.3%
IV Rank35.9%14.6%96.0%14.6%34.5%
IV Percentile70.9%14.7%99.2%14.7%80.6%
Term Structure-2.1%-20.3%13.6%13.5%-1.0%
VWIV28.3%23.0%37.1%24.4%28.0%
Skew 25d6.8%-7.0%30.0%5.3%1.8%
Skew 10d26.5%-4.8%62.8%2.0%6.0%
Call IV 25d24.9%15.6%32.8%15.6%28.4%
Put IV 25d31.7%16.5%53.0%20.9%30.2%
Bid-Ask Spread %105.4080.97119.0786.14105.38
Gamma HHI0.270.250.330.260.25
Net GEX17.7K-82.9K79.0K70.1K25.7K
Net DEX360.1K-392.8K1.7M-277.3K471.2K
Net VEX-12.7K-14.8K-9.3K-14.5K-13.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.008.330.000.26
Total Volume40.47801401539
Total OI2,307.7392,1282,3952,2602,312

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$53.91$55.0021.6%6.2%19.4%14.6%0.0%5.3%13.5%70.1K-277.3K-14.5K0.0086.141501,369891
2025-10-02$53.59$55.0025.1%7.2%19.1%21.6%24.4%-5.6%2.4%50.0K-106.5K-13.4K0.0580.976631,380891
2025-10-03$53.88$55.0025.4%7.3%19.1%22.3%0.0%-3.6%0.6%72.9K-392.8K-14.2K8.3388.123251,438892
2025-10-06$53.41$55.0028.1%7.8%19.3%27.5%23.0%-7.0%1.2%56.9K-171.4K-13.3K0.18103.881121,438905
2025-10-07$53.47$55.0026.0%8.5%19.3%23.3%0.0%-1.6%-3.1%73.3K-151.0K-13.6K1.17108.44671,444903
2025-10-08$53.28$50.0029.3%5.1%19.0%29.9%28.4%9.0%13.6%79.0K-199.1K-14.8K0.11102.241921,446903
2025-10-09$52.30$50.0029.3%9.6%20.1%30.0%0.0%9.1%-0.2%54.0K198.7K-14.8K0.00103.75041,465905
2025-10-10$51.44$50.0042.5%8.5%20.2%56.2%37.1%16.7%2.2%37.9K570.3K-13.8K0.34114.5929101,465909
2025-10-13$51.93$50.0052.8%7.2%20.4%76.6%25.5%20.7%0.7%7.7K651.6K-12.3K0.10102.132121,465917
2025-10-14$51.69$50.0062.6%8.6%18.6%96.0%28.4%16.6%-5.4%-10.1K825.2K-11.4K2.33119.07371,471919
2025-10-15$52.27$55.0031.6%9.0%19.1%34.4%0.0%17.5%-7.7%35.9K361.7K-13.4K0.03117.843411,472923
2025-10-16$51.03$55.0032.1%9.2%20.5%35.5%35.4%18.9%-2.3%-8.4K1.0M-12.2K3.47107.0717591,451923
2025-10-17$50.16$55.0030.2%8.7%20.2%31.8%27.8%7.1%-3.4%-67.5K1.7M-10.4K0.94108.0636341,441952
2025-10-20$51.20$55.0026.7%7.7%21.5%24.8%25.3%30.0%-1.8%-82.9K1.3M-9.3K0.55102.7071391,199929
2025-10-21$51.22$55.0029.3%8.4%21.0%30.0%25.6%3.9%-5.9%-40.5K1.1M-11.4K0.1098.176261,222932
2025-10-22$52.38$55.0027.1%7.8%21.7%25.6%29.7%-0.3%-2.9%-44.6K712.0K-10.1K1.80106.7350901,239933
2025-10-23$52.74$55.0029.3%8.4%21.8%29.9%0.0%9.3%-15.5%-33.0K605.6K-10.6K0.20102.021021,278977
2025-10-24$54.18$55.0029.5%8.5%23.2%30.4%27.4%5.1%-0.5%34.2K-234.8K-12.5K1.78114.739161,304975
2025-10-27$53.14$55.0035.3%10.1%23.2%41.7%28.6%-2.9%-12.8%22.2K204.1K-13.4K0.72116.2739281,311975
2025-10-28$53.43$55.0038.0%10.9%23.2%47.3%0.0%1.2%-20.3%16.4K160.2K-12.5K0.00112.28001,318982
2025-10-29$53.64$55.0029.9%8.6%23.0%31.1%29.2%5.0%-2.6%38.1K-47.2K-14.0K2.00112.8113261,322982
2025-10-30$53.57$55.0029.5%8.5%22.9%30.3%28.5%-0.1%2.7%19.8K61.4K-12.2K0.15110.941321,329981
2025-10-31$51.94$55.0031.6%9.1%25.3%34.5%28.0%1.8%-1.0%25.7K471.2K-13.9K0.26105.383181,330982