CXM Options History — February 2022

In February 2022, CXM traded between $10.54 and $12.57. ATM implied volatility averaged 77.1%. The 30-day expected move averaged 21.7%. IV traded above realized volatility by 16.8% (HV 20d: 60.3%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.76.

Notable Days

  • 2022-02-28: Highest Volume — 2,073 contracts
  • 2022-02-09: Largest IV drop — 16.1% change
  • 2022-02-02: Largest Expected Move — 23.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.53$10.54$12.57$11.44$11.88
Max Pain$12.76$12.50$15.00$15.00$12.50
ATM IV77.1%70.5%87.5%73.9%80.2%
Expected Move21.7%20.2%23.4%21.2%23.0%
HV 20d60.3%55.7%68.9%55.7%59.1%
HV 60d65.3%62.7%68.4%64.4%62.7%
Term Structure-1.3%-7.0%2.7%-0.7%-4.2%
VWIV75.7%66.0%89.1%74.5%89.1%
Skew 25d6.6%-9.2%14.7%5.2%9.7%
Skew 10d27.8%-24.9%197.9%-2.3%32.4%
Call IV 25d73.5%63.5%84.5%76.8%79.3%
Put IV 25d80.1%68.0%89.1%82.0%89.1%
Bid-Ask Spread %69.4620.4194.7720.4189.50
Gamma HHI0.310.230.510.280.33
Net GEX8.5K-7.9K18.6K2.7K-6.1K
Net DEX1.3M191.8K2.0M1.6M338.3K
Net VEX-7.8K-9.2K-6.4K-8.6K-8.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.332.320.521.71
Total Volume1,353.7378272,0731,4592,073
Total OI8,204.5264,0609,9889,1755,213

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-02-01$11.44$15.0073.9%21.2%55.7%0.0%74.5%5.2%-0.7%2.7K1.6M-8.6K0.5220.419634965,6773,498
2022-02-02$11.10$15.0081.7%23.4%55.9%0.0%71.9%11.0%-4.3%10.0K1.7M-8.1K0.5543.618974965,9013,391
2022-02-03$10.54$12.5083.5%22.4%55.7%0.0%77.0%-9.2%1.8%10.4K1.9M-6.9K0.5760.959025155,9413,391
2022-02-04$10.97$12.5083.8%22.3%59.3%0.0%73.6%10.9%-1.5%10.4K1.7M-7.6K0.6271.238345145,9843,387
2022-02-07$10.96$12.5087.5%22.4%58.9%0.0%76.4%8.7%-6.4%10.8K1.8M-7.2K0.5948.068284865,9803,392
2022-02-08$11.17$12.5084.1%22.2%59.5%0.0%73.7%9.7%-0.3%11.0K1.8M-7.2K0.4975.599594735,9763,403
2022-02-09$11.56$12.5070.5%20.2%58.4%0.0%76.0%11.3%1.0%12.0K1.6M-8.2K0.4990.909814795,9373,406
2022-02-10$11.41$12.5073.9%21.2%57.7%0.0%71.6%5.6%-3.0%11.7K1.7M-7.5K0.4075.878823516,0063,413
2022-02-11$10.89$12.5080.0%22.9%57.9%0.0%73.7%8.0%-7.0%11.3K2.0M-6.4K0.4574.727573386,0173,438
2022-02-14$11.88$12.5075.1%21.5%67.2%0.0%83.4%6.3%-4.4%9.3K1.5M-7.7K0.3342.571,0203406,0623,452
2022-02-15$12.57$12.5072.1%20.7%68.9%0.0%73.3%10.5%-2.6%14.2K978.6K-7.9K0.4964.069824816,1543,462
2022-02-16$12.50$12.5071.9%20.6%68.5%0.0%70.8%7.0%-1.1%18.6K891.3K-9.2K0.5473.127013786,3573,537
2022-02-17$11.97$12.5073.9%21.2%65.2%0.0%68.3%3.2%2.1%15.1K1.5M-8.2K0.6085.666423836,3843,535
2022-02-18$11.79$12.5071.1%20.4%60.3%0.0%66.0%2.3%0.5%5.5K1.9M-7.6K0.6564.586304076,4463,542
2022-02-22$11.67$12.5074.5%21.4%60.3%0.0%75.9%3.8%2.2%6.1K311.4K-7.5K0.3982.946922712,3331,727
2022-02-23$11.47$12.5073.8%21.2%59.5%0.0%71.0%14.7%2.7%7.7K304.5K-7.4K0.4981.985542732,4211,733
2022-02-24$11.65$12.5075.1%21.5%59.6%0.0%87.9%2.3%1.8%8.5K191.8K-7.9K2.3094.775671,3062,4341,746
2022-02-25$11.62$12.5078.5%22.5%59.0%0.0%84.2%4.0%-2.1%-7.9K456.8K-8.3K2.3279.145641,3062,4742,736
2022-02-28$11.88$12.5080.2%23.0%59.1%0.0%89.1%9.7%-4.2%-6.1K338.3K-8.2K1.7189.507651,3082,4772,736