CRS Options History — July 2024

In July 2024, CRS traded between $105.06 and $147.01. ATM implied volatility averaged 42.9%, placing in the 65.3% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 0.4% (HV 20d: 43.3%). Max pain ranged from $100.00 to $115.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.25.

Notable Days

  • 2024-07-25: Highest Volume — 5,236 contracts
  • 2024-07-25: Largest IV drop — 10.2% change
  • 2024-07-24: Highest IV Rank — 100.0%
  • 2024-07-24: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$119.87$105.06$147.01$106.47$147.01
Max Pain$103.41$100.00$115.00$105.00$115.00
ATM IV42.9%37.4%51.7%38.1%41.0%
Expected Move12.4%10.7%14.8%10.9%11.8%
HV 20d43.3%35.5%53.1%46.2%50.8%
HV 60d45.0%43.0%50.4%44.8%44.1%
IV Rank65.3%42.5%100.0%45.4%55.6%
IV Percentile76.0%31.7%100.0%38.5%68.7%
Term Structure-0.9%-4.5%4.3%3.6%-0.7%
VWIV43.2%37.0%52.6%37.0%40.8%
Skew 25d3.4%1.6%4.9%3.2%1.6%
Skew 10d6.5%4.8%10.1%5.5%5.1%
Call IV 25d41.2%35.4%48.2%35.9%39.7%
Put IV 25d44.6%38.6%52.9%39.1%41.4%
Bid-Ask Spread %52.3941.3666.6054.7965.97
Gamma HHI0.230.160.350.220.27
Net GEX987.2K502.5K1.5M670.8K1.5M
Net DEX-59.8M-100.5M-28.1M-33.4M-100.5M
Net VEX-122.0K-154.9K-69.1K-136.4K-148.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.0711.290.160.11
Total Volume1,022.864815,236255804
Total OI19,727.90917,85922,74218,22222,452

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$106.47$105.0038.1%10.9%46.2%45.4%37.0%3.2%3.6%670.8K-33.4M-136.4K0.1654.79N/AN/A220357,57910,643
2024-07-02$105.21$105.0037.4%10.7%46.0%42.5%37.8%3.2%4.3%504.2K-28.5M-143.1K11.2952.47N/AN/A171927,76410,655
2024-07-03$106.82$105.0037.9%10.9%42.6%44.6%38.4%3.4%4.0%707.5K-34.2M-132.4K0.5652.16N/AN/A52297,76210,820
2024-07-05$105.06$100.0038.5%11.9%42.2%46.9%40.6%3.5%-1.0%502.5K-28.1M-135.0K0.3044.88N/AN/A96297,79310,837
2024-07-08$106.95$100.0039.8%12.1%42.7%52.9%42.1%3.0%-1.2%734.0K-34.8M-120.9K0.2545.17N/AN/A4071037,84810,900
2024-07-09$106.95$100.0039.9%12.1%42.1%53.0%40.5%3.3%-1.2%692.5K-33.7M-120.7K2.5943.97N/AN/A1333447,67410,955
2024-07-10$108.04$100.0042.5%12.2%42.1%64.5%43.0%3.2%-1.6%816.1K-37.7M-121.0K0.5542.59N/AN/A2821557,79610,995
2024-07-11$110.09$100.0042.4%12.2%42.5%63.9%43.3%3.3%-1.5%989.2K-43.8M-108.2K0.4546.35N/AN/A75347,73611,122
2024-07-12$111.23$100.0041.5%11.9%42.3%60.2%42.6%3.1%-1.4%1.2M-46.3M-108.6K1.2045.37N/AN/A1181427,73311,131
2024-07-15$117.54$100.0042.0%12.0%45.9%62.1%42.5%2.6%-1.1%1.2M-64.4M-80.1K0.3650.03N/AN/A6752467,77911,195
2024-07-16$122.47$100.0043.3%12.4%35.5%67.6%42.1%3.4%-1.1%1.3M-76.5M-69.1K0.0752.02N/AN/A1,6781218,00611,348
2024-07-17$117.61$100.0043.5%12.5%37.7%68.9%44.2%4.0%-2.0%1.4M-67.3M-87.7K0.1349.23N/AN/A2,2292828,91711,382
2024-07-18$117.84$100.0044.3%12.7%37.1%72.3%45.3%3.8%-1.2%1.2M-70.5M-108.3K2.9853.35N/AN/A1715109,23011,616
2024-07-19$119.43$100.0044.7%12.8%36.1%73.9%44.2%3.1%-1.4%838.0K-76.2M-115.3K1.0050.58N/AN/A2012029,82712,490
2024-07-22$120.22$100.0046.6%13.3%36.0%81.9%45.6%3.8%-3.3%724.2K-58.3M-113.5K0.1455.53N/AN/A260377,58010,279
2024-07-23$125.27$100.0047.0%13.5%37.6%83.8%46.2%2.9%-3.4%920.4K-68.5M-105.1K0.1654.82N/AN/A365587,73510,300
2024-07-24$122.26$100.0051.7%14.8%39.6%100.0%52.6%4.8%-4.5%828.7K-61.6M-126.3K1.6141.36N/AN/A1,7662,8447,99710,334
2024-07-25$136.13$100.0046.4%13.3%51.2%78.0%46.5%4.9%-1.5%1.2M-93.8M-148.9K0.7562.20N/AN/A2,9972,2399,79912,943
2024-07-26$142.06$115.0045.0%12.9%52.3%72.2%45.4%4.0%-0.9%1.2M-85.7M-149.6K0.7165.99N/AN/A6904928,74112,441
2024-07-29$140.37$115.0046.4%13.3%53.1%77.8%47.1%3.4%-1.7%1.3M-83.4M-150.7K1.6966.60N/AN/A2644458,97512,655
2024-07-30$142.13$115.0044.0%12.6%51.4%68.1%43.6%2.3%-1.4%1.4M-88.6M-154.9K0.4757.09N/AN/A3161489,26512,985
2024-07-31$147.01$115.0041.0%11.8%50.8%55.6%40.8%1.6%-0.7%1.5M-100.5M-148.1K0.1165.97N/AN/A727779,37313,079