CXM Options History — October 2021

In October 2021, CXM traded between $16.11 and $19.26. ATM implied volatility averaged 70.2%. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 20.2% (HV 20d: 50.0%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2021-10-25: Highest Volume — 1,819 contracts
  • 2021-10-07: Largest IV drop — 14.1% change
  • 2021-10-06: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.26$16.11$19.26$17.76$19.26
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV70.2%59.7%82.7%73.1%63.1%
Expected Move19.8%17.1%21.6%21.0%18.1%
HV 20d50.0%48.0%54.9%49.6%54.9%
Term Structure4.4%-1.3%10.0%-0.1%8.5%
VWIV69.2%59.0%77.9%73.3%64.8%
Skew 25d1.9%-2.0%6.1%6.1%0.4%
Skew 10d5.1%-13.7%24.3%24.3%-1.8%
Call IV 25d69.7%62.8%75.0%72.2%66.3%
Put IV 25d71.5%63.1%78.3%78.3%66.7%
Bid-Ask Spread %50.5518.9975.4475.4447.55
Gamma HHI0.280.200.520.520.26
Net GEX34.9K13.2K76.7K76.7K63.6K
Net DEX-961.7K-2.4M-97.5K-1.4M-2.4M
Net VEX-11.8K-16.4K-8.6K-10.4K-16.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.011.840.221.16
Total Volume912.9521611,8191751,700
Total OI5,972.9523,9647,2025,6095,953

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$17.76$17.5073.1%21.0%0.0%0.0%73.3%6.1%-0.1%76.7K-1.4M-10.4K0.2275.44144314,4901,119
2021-10-04$17.13$17.5078.3%21.3%0.0%0.0%77.9%3.1%1.5%54.9K-953.5K-9.9K0.2461.196211494,4611,296
2021-10-05$16.48$17.5078.9%21.3%0.0%0.0%75.1%2.4%0.5%32.5K-402.2K-8.9K0.2064.337041434,5831,324
2021-10-06$16.11$17.5079.7%21.6%0.0%0.0%75.5%1.8%-0.6%17.8K-97.5K-8.6K0.1857.166031094,6441,446
2021-10-07$16.99$17.5068.5%20.8%0.0%0.0%69.1%4.7%2.0%39.6K-677.9K-10.0K0.0562.38741394,9481,575
2021-10-08$16.89$17.5072.8%20.8%0.0%0.0%73.5%0.1%3.9%31.0K-687.1K-10.2K0.0143.1573854,7551,673
2021-10-11$16.44$17.5076.6%20.9%0.0%0.0%72.8%4.0%2.6%13.2K-385.8K-9.5K0.2570.284021015,0611,698
2021-10-12$17.05$17.5082.7%20.7%0.0%0.0%72.1%4.2%1.4%36.4K-937.9K-10.7K0.7953.491751385,4971,701
2021-10-13$16.52$17.5072.6%20.8%0.0%0.0%72.0%4.0%0.6%13.3K-427.2K-10.0K0.2263.29132295,4001,800
2021-10-14$17.37$17.5069.8%20.0%0.0%0.0%71.7%-0.3%8.9%19.6K-938.0K-10.7K0.0552.25279155,3161,751
2021-10-15$17.08$17.5068.1%19.5%0.0%0.0%70.9%-2.0%8.1%20.8K-587.4K-10.3K0.4362.124091755,4311,771
2021-10-18$16.76$17.5070.0%20.1%0.0%0.0%71.0%1.0%5.8%18.4K-678.1K-9.7K0.8349.083633022,6401,324
2021-10-19$17.14$17.5069.8%20.0%49.6%0.0%69.3%1.9%4.7%24.0K-1.0M-12.0K0.0542.00211112,9711,398
2021-10-20$16.93$17.5067.8%19.4%48.0%0.0%67.3%2.1%5.9%28.5K-1.0M-12.7K0.6829.715293613,3611,707
2021-10-21$17.73$17.5065.4%18.8%50.4%0.0%67.4%-0.1%6.3%38.7K-1.4M-13.3K1.2727.457539533,3981,745
2021-10-22$17.52$17.5065.9%18.9%49.1%0.0%65.6%1.4%6.5%33.8K-1.1M-14.8K1.6018.996451,0293,5172,103
2021-10-25$18.17$17.5059.7%17.1%49.7%0.0%59.6%0.9%8.8%42.4K-1.4M-15.2K1.0358.548959243,5722,216
2021-10-26$17.64$17.5064.6%18.5%49.5%0.0%64.1%1.5%-1.3%39.5K-1.2M-15.2K1.0345.627978233,7442,208
2021-10-27$17.56$17.5061.2%17.5%49.5%0.0%61.8%0.3%7.4%40.5K-1.0M-14.4K1.8450.634979163,7362,210
2021-10-28$17.94$17.5065.4%18.7%49.0%0.0%59.0%1.5%10.0%46.8K-1.4M-15.3K1.0926.887568253,7352,154
2021-10-29$19.26$17.5063.1%18.1%54.9%0.0%64.8%0.4%8.5%63.6K-2.4M-16.4K1.1647.557869143,7962,157