CXM Options History — October 2022

In October 2022, CXM traded between $8.53 and $10.26. ATM implied volatility averaged 67.0%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 9.3% (HV 20d: 57.7%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2022-10-05: Highest Volume — 1,210 contracts
  • 2022-10-14: Largest IV spike — 11.3% change
  • 2022-10-14: Highest IV Rank — 19.3%
  • 2022-10-14: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.28$8.53$10.26$9.53$9.31
Max Pain$11.19$7.50$12.50$10.00$7.50
ATM IV67.0%60.9%74.1%69.1%63.8%
Expected Move19.1%17.5%21.3%19.8%18.3%
HV 20d57.7%47.2%74.2%71.0%51.4%
HV 60d58.1%56.6%59.4%56.6%57.1%
IV Rank12.5%6.7%19.3%14.5%9.5%
IV Percentile18.2%1.6%48.8%23.8%6.7%
Term Structure3.7%-2.4%8.2%-2.4%5.1%
VWIV65.4%45.4%80.0%61.3%68.7%
Skew 25d10.6%-13.9%25.1%25.1%21.0%
Skew 10d27.3%-20.8%61.0%39.8%36.4%
Call IV 25d62.8%51.5%81.1%61.4%57.3%
Put IV 25d73.4%54.7%86.5%86.5%78.3%
Bid-Ask Spread %49.748.9985.4747.2376.70
Gamma HHI0.420.330.470.340.46
Net GEX14.6K7.8K27.2K22.4K12.4K
Net DEX49.9K-240.1K274.6K-92.1K-45.4K
Net VEX-3.9K-6.2K-2.7K-5.3K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.311.390.451.18
Total Volume836.6194151,210778513
Total OI6,381.9055,7766,7666,7585,980

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-10-03$9.53$10.0069.1%19.8%71.0%14.5%61.3%25.1%-2.4%22.4K-92.1K-5.3K0.4547.235382405,950808
2022-10-04$9.94$10.0066.9%19.2%73.2%12.4%60.3%-6.6%-0.3%26.9K-191.9K-6.1K0.3878.588663315,951815
2022-10-05$10.26$10.0068.7%19.7%74.2%14.1%80.0%-13.9%-1.5%27.2K-240.1K-6.2K0.4071.888653455,704816
2022-10-06$10.10$12.5066.0%19.1%73.9%11.6%65.2%9.0%4.5%25.6K-206.8K-5.9K0.4050.658613415,732818
2022-10-07$9.76$12.5068.2%19.3%69.0%13.6%65.5%4.7%3.0%21.7K-80.9K-5.3K0.4045.808623415,753855
2022-10-10$9.06$12.5071.3%20.0%63.7%16.6%70.0%4.5%3.1%14.3K131.4K-4.2K0.3845.598643315,754855
2022-10-11$8.82$12.5073.7%20.1%60.5%18.9%78.0%2.5%2.4%10.7K242.3K-3.3K0.3861.908643315,734835
2022-10-12$8.85$12.5068.1%19.5%49.7%13.5%45.4%14.0%1.6%10.4K244.9K-3.4K0.3811.308743325,734832
2022-10-13$8.84$12.5066.6%19.1%47.2%12.1%56.2%7.9%1.9%10.2K239.1K-3.1K0.3168.868542635,747825
2022-10-14$8.53$12.5074.1%21.3%47.7%19.3%50.5%8.1%0.2%7.8K274.6K-2.7K0.3148.948552635,745792
2022-10-17$8.99$12.5066.5%19.1%52.5%12.0%47.1%13.9%2.1%11.0K129.1K-3.3K0.3741.456312325,749717
2022-10-18$9.09$12.5065.0%18.6%52.7%10.6%64.0%17.9%4.9%10.6K152.4K-3.3K0.7857.963362615,748719
2022-10-19$8.96$12.5066.2%19.0%52.8%11.7%67.3%14.8%7.4%10.6K161.2K-3.4K0.7950.483322615,779737
2022-10-20$9.29$12.5068.4%19.6%54.3%13.8%78.4%5.4%3.7%12.5K114.2K-3.5K0.7834.503342615,779737
2022-10-21$9.18$12.5063.7%18.3%52.7%9.3%59.6%10.9%7.6%11.5K131.3K-3.3K1.3939.801772465,780737
2022-10-24$8.94$12.5066.4%19.0%52.1%11.9%70.4%11.0%7.5%9.4K98.5K-2.9K1.2051.361892265,188588
2022-10-25$9.41$10.0064.1%18.4%55.2%9.8%67.9%17.1%7.1%12.6K3.6K-3.3K0.938.992952755,223572
2022-10-26$9.30$10.0064.3%18.4%53.2%9.9%72.9%15.0%5.7%12.2K2.6K-3.4K1.0023.872802815,337614
2022-10-27$9.33$7.5064.5%18.5%52.3%10.2%66.2%19.6%6.2%12.7K-5.7K-3.5K1.2343.302282815,365624
2022-10-28$9.41$7.5060.9%17.5%52.3%6.7%78.7%21.4%8.2%12.6K-15.0K-3.4K1.2385.472282815,368624
2022-10-31$9.31$7.5063.8%18.3%51.4%9.5%68.7%21.0%5.1%12.4K-45.4K-3.6K1.1876.702352785,368612