CXM Options History — August 2022

In August 2022, CXM traded between $11.40 and $12.89. ATM implied volatility averaged 69.9%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 20.4%. IV traded above realized volatility by 22.0% (HV 20d: 48.0%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.51.

Notable Days

  • 2022-08-01: Highest Volume — 1,450 contracts
  • 2022-08-10: Largest IV spike — 12.6% change
  • 2022-08-31: Highest IV Rank — 24.6%
  • 2022-08-31: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.16$11.40$12.89$11.51$11.87
Max Pain$13.70$12.50$15.00$12.50$12.50
ATM IV69.9%61.1%81.2%61.5%81.2%
Expected Move20.4%17.5%23.3%17.6%23.3%
HV 20d48.0%41.9%53.2%47.9%47.1%
HV 60d66.0%60.5%70.1%69.7%60.5%
IV Rank13.7%5.2%24.6%5.5%24.6%
IV Percentile27.1%1.9%63.9%2.4%63.9%
Term Structure-1.8%-12.9%55.4%12.7%-12.9%
VWIV69.8%55.5%78.8%63.3%67.8%
Skew 25d8.3%0.7%25.5%12.6%0.7%
Skew 10d27.2%0.6%82.7%65.6%41.4%
Call IV 25d70.1%47.0%91.2%59.7%87.1%
Put IV 25d78.5%69.4%95.2%72.3%87.8%
Bid-Ask Spread %60.4516.3382.2816.3366.83
Gamma HHI0.340.280.430.290.32
Net GEX57.0K33.3K85.5K42.2K44.7K
Net DEX-1.5M-2.2M-895.1K-982.0K-1.2M
Net VEX-13.7K-15.8K-11.5K-12.0K-12.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.004.000.390.52
Total Volume465.60901,4501,450794
Total OI7,139.2175,8027,8517,0936,513

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$11.51$12.5061.5%17.6%47.9%5.5%63.3%12.6%12.7%42.2K-982.0K-12.0K0.3916.331,0434075,8981,195
2022-08-02$11.59$12.5063.9%18.3%41.9%7.8%63.7%10.3%7.6%43.3K-1.0M-12.0K0.4026.789894005,9011,207
2022-08-03$12.40$12.5061.1%17.5%47.2%5.2%55.5%25.5%8.7%56.1K-1.5M-12.8K0.4151.208353395,9111,210
2022-08-04$12.74$15.0063.9%19.9%47.7%7.9%66.0%9.5%-4.5%62.7K-1.9M-14.3K0.3458.471,0043376,0981,217
2022-08-05$12.53$15.0061.3%19.9%46.7%5.4%68.6%6.8%-6.1%68.0K-2.0M-15.7K0.3556.039903486,6001,217
2022-08-08$12.77$15.0062.4%20.2%45.6%6.4%66.4%10.1%-6.3%72.3K-2.2M-15.8K0.3160.151,0513296,5851,227
2022-08-09$12.37$15.0063.5%20.2%44.7%7.5%0.0%6.6%-5.5%67.0K-1.7M-14.7K0.0063.11306,5171,227
2022-08-10$12.89$15.0071.5%20.5%45.9%15.2%71.0%11.0%-7.5%75.0K-2.2M-15.6K0.1946.1054106,5161,222
2022-08-11$12.64$15.0068.3%19.6%47.1%12.1%68.3%7.1%-4.6%77.4K-2.0M-15.3K0.4756.7645216,5321,222
2022-08-12$12.83$15.0068.3%19.6%47.0%12.1%68.2%11.1%-4.3%79.9K-2.2M-15.3K0.1064.133136,5431,243
2022-08-15$12.66$15.0070.5%20.2%47.3%14.3%66.3%8.2%-5.7%85.5K-2.0M-14.9K0.0165.6649936,5431,245
2022-08-16$12.64$15.0068.4%19.6%47.4%12.3%0.0%9.6%-4.3%81.1K-1.9M-15.0K0.0061.79006,6221,229
2022-08-17$11.89$15.0072.6%20.8%49.7%16.3%72.7%4.0%-7.4%60.4K-1.3M-13.0K0.1077.42116126,6221,195
2022-08-18$12.07$15.0071.5%20.5%49.6%15.2%72.0%6.9%55.4%71.2K-1.4M-13.7K0.1174.935466,6251,175
2022-08-19$11.76$12.5069.7%20.0%48.9%13.5%73.4%8.6%-1.9%37.4K-1.1M-12.7K0.6066.3845276,6761,175
2022-08-22$11.40$12.5075.4%21.6%49.6%19.0%75.8%10.8%-5.7%33.3K-895.1K-11.5K0.0157.168014,953849
2022-08-23$11.51$12.5075.1%21.5%47.5%18.7%75.5%4.2%-6.5%35.0K-967.1K-12.2K0.0069.803104,991850
2022-08-24$11.98$12.5076.8%22.0%47.4%20.4%77.6%3.5%-10.1%40.9K-1.2M-12.6K0.6168.922701665,083850
2022-08-25$12.36$12.5071.7%20.5%48.4%15.4%71.7%7.0%-5.6%46.2K-1.5M-13.8K0.0367.7628595,2441,011
2022-08-26$11.67$12.5073.5%21.1%52.9%17.2%73.8%7.7%-6.3%42.8K-1.2M-13.1K2.0682.2816335,4331,020
2022-08-29$11.88$12.5079.0%22.6%53.2%22.4%78.8%6.0%-9.4%44.3K-1.2M-13.0K0.1359.641625,4431,053
2022-08-30$11.82$12.5077.8%22.3%53.2%21.3%0.0%4.0%-10.6%43.5K-1.2M-12.8K4.0072.71145,4591,055
2022-08-31$11.87$12.5081.2%23.3%47.1%24.6%67.8%0.7%-12.9%44.7K-1.2M-12.5K0.5266.835212735,4581,055