CXM Options History — July 2022

In July 2022, CXM traded between $10.14 and $11.73. ATM implied volatility averaged 73.0%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 6.2% (HV 20d: 66.8%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.38.

Notable Days

2022-07-01: Highest Volume — 2,548 contracts
2022-07-08: Largest IV spike — 44.6% change
2022-07-12: Highest IV Rank — 34.2%
2022-07-25: Largest Expected Move — 21.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.93	$10.14	$11.73	$10.14	$11.44
Max Pain	$12.38	$10.00	$12.50	$10.00	$12.50
ATM IV	73.0%	55.8%	91.2%	71.3%	60.1%
Expected Move	20.3%	17.2%	21.4%	20.4%	17.2%
HV 20d	66.8%	47.9%	86.2%	81.2%	47.9%
HV 60d	71.1%	69.6%	80.0%	78.9%	70.4%
IV Rank	16.5%	0.0%	34.2%	13.1%	4.2%
IV Percentile	33.4%	0.0%	82.2%	24.6%	1.4%
Term Structure	1.3%	-17.7%	7.7%	-0.1%	7.7%
VWIV	68.8%	59.6%	74.6%	71.3%	61.6%
Skew 25d	9.4%	2.8%	22.2%	22.2%	17.7%
Skew 10d	20.1%	-12.9%	51.1%	36.4%	51.1%
Call IV 25d	67.1%	57.1%	75.3%	60.3%	57.1%
Put IV 25d	76.6%	69.8%	82.5%	82.5%	74.8%
Bid-Ask Spread %	48.90	14.72	72.72	64.80	40.18
Gamma HHI	0.29	0.26	0.32	0.27	0.27
Net GEX	36.5K	27.2K	44.8K	33.5K	39.3K
Net DEX	-1.1M	-1.6M	-772.6K	-772.6K	-942.3K
Net VEX	-12.9K	-15.1K	-11.6K	-11.8K	-11.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.38	0.07	0.58	0.07	0.24
Total Volume	1,018.25	682	2,548	2,548	2,063
Total OI	7,348.65	6,776	7,663	7,537	6,835

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-07-01	$10.14	$10.00	71.3%	20.4%	81.2%	13.1%	71.3%	22.2%	-0.1%	33.5K	-772.6K	-11.8K	0.07	64.80	2,383	165	6,328	1,209
2022-07-05	$10.86	$12.50	82.5%	21.2%	86.2%	24.2%	74.0%	10.7%	1.4%	39.7K	-1.1M	-13.0K	0.30	72.72	543	162	6,310	1,211
2022-07-06	$11.14	$12.50	79.8%	21.1%	82.4%	21.6%	63.6%	5.2%	1.0%	42.8K	-1.4M	-14.3K	0.37	56.68	602	222	6,312	1,211
2022-07-07	$11.32	$12.50	55.8%	19.2%	82.7%	0.0%	67.2%	6.4%	2.9%	44.4K	-1.5M	-14.4K	0.55	72.49	586	325	6,349	1,210
2022-07-08	$11.00	$12.50	80.6%	20.6%	82.8%	24.0%	74.0%	3.7%	1.7%	41.6K	-1.4M	-14.5K	0.58	69.72	586	337	6,348	1,284
2022-07-11	$10.76	$12.50	87.9%	20.8%	81.9%	31.1%	69.1%	7.1%	1.0%	29.1K	-1.2M	-12.7K	0.57	57.86	595	337	6,349	1,298
2022-07-12	$10.35	$12.50	91.2%	20.9%	80.5%	34.2%	68.7%	8.0%	0.8%	33.6K	-872.0K	-12.3K	0.58	53.30	587	340	6,355	1,298
2022-07-13	$10.32	$12.50	72.2%	20.7%	66.0%	15.9%	71.4%	10.6%	1.3%	33.4K	-819.1K	-11.7K	0.48	61.19	543	259	6,368	1,288
2022-07-14	$10.34	$12.50	72.8%	20.9%	65.3%	16.4%	73.2%	14.6%	-17.7%	34.7K	-860.8K	-11.6K	0.47	67.41	547	259	6,371	1,265
2022-07-15	$10.52	$12.50	71.0%	20.3%	64.4%	14.7%	66.6%	12.2%	0.3%	27.2K	-1.0M	-11.7K	0.47	37.35	607	285	6,398	1,265
2022-07-18	$10.81	$12.50	73.5%	21.1%	61.0%	17.1%	71.7%	9.0%	-0.3%	29.3K	-934.8K	-12.5K	0.39	68.84	533	206	5,749	1,027
2022-07-19	$10.89	$12.50	73.3%	21.0%	59.8%	16.9%	69.0%	10.7%	2.7%	30.2K	-936.5K	-12.5K	0.39	58.77	533	206	5,798	1,027
2022-07-20	$11.51	$12.50	64.6%	18.5%	62.5%	8.6%	65.0%	9.7%	6.8%	34.9K	-1.3M	-13.6K	0.26	41.14	894	229	5,798	1,027
2022-07-21	$11.73	$12.50	65.9%	18.9%	62.6%	9.8%	74.6%	6.2%	5.1%	44.8K	-1.6M	-15.1K	0.31	29.37	541	168	6,198	1,047
2022-07-22	$11.34	$12.50	67.2%	19.3%	56.8%	11.0%	59.6%	4.4%	3.9%	41.3K	-1.2M	-13.8K	0.31	33.10	548	168	6,204	1,048
2022-07-25	$11.10	$12.50	74.6%	21.4%	55.2%	18.2%	69.6%	2.8%	-1.8%	38.2K	-1.1M	-13.1K	0.29	21.26	527	155	6,214	1,049
2022-07-26	$10.69	$12.50	74.4%	21.3%	56.5%	18.1%	70.9%	13.5%	2.5%	34.3K	-897.4K	-12.4K	0.35	30.10	535	186	6,216	1,061
2022-07-27	$11.14	$12.50	73.8%	21.2%	50.2%	17.5%	68.7%	9.3%	0.1%	38.3K	-1.0M	-13.1K	0.52	14.72	538	281	6,216	1,095
2022-07-28	$11.25	$12.50	68.6%	19.7%	50.3%	12.4%	65.6%	4.7%	6.7%	39.7K	-1.1M	-13.2K	0.19	26.93	1,503	281	6,229	1,108
2022-07-29	$11.44	$12.50	60.1%	17.2%	47.9%	4.2%	61.6%	17.7%	7.7%	39.3K	-942.3K	-11.7K	0.24	40.18	1,667	396	5,727	1,108