CXM Options History — December 2022

In December 2022, CXM traded between $7.58 and $8.95. ATM implied volatility averaged 63.7%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 22.8% (HV 20d: 40.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.31.

Notable Days

2022-12-05: Highest Volume — 560 contracts
2022-12-07: Largest IV drop — 47.3% change
2022-12-06: Highest IV Rank — 61.9%
2022-12-02: Largest Expected Move — 26.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.34	$7.58	$8.95	$8.77	$8.07
Max Pain	$7.86	$7.50	$10.00	$10.00	$7.50
ATM IV	63.7%	42.0%	105.9%	85.4%	57.2%
Expected Move	17.7%	14.8%	26.8%	24.5%	16.4%
HV 20d	40.9%	31.6%	49.9%	48.8%	40.1%
HV 60d	50.2%	47.1%	59.0%	59.0%	47.2%
IV Rank	20.9%	0.0%	61.9%	37.6%	15.9%
IV Percentile	22.0%	0.0%	96.8%	75.4%	6.0%
Term Structure	-1.9%	-24.1%	6.7%	-19.0%	-0.0%
VWIV	61.5%	50.1%	93.4%	83.7%	57.0%
Skew 25d	20.0%	-2.5%	143.6%	4.7%	20.9%
Skew 10d	61.0%	-4.4%	263.6%	17.8%	81.9%
Call IV 25d	56.4%	38.0%	83.0%	83.0%	43.7%
Put IV 25d	76.4%	53.8%	192.9%	87.6%	64.6%
Bid-Ask Spread %	59.94	32.17	81.01	36.66	64.07
Gamma HHI	0.54	0.27	0.72	0.58	0.58
Net GEX	15.0K	8.0K	23.5K	23.0K	16.6K
Net DEX	-157.9K	-462.8K	56.0K	-168.2K	-272.6K
Net VEX	-2.0K	-3.0K	-1.6K	-2.5K	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.31	0.00	2.86	0.15	0.03
Total Volume	145.81	4	560	46	41
Total OI	5,952.762	4,301	8,158	6,440	4,602

Daily Data (21 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
2022-12-01	$8.77	$10.00	85.4%	24.5%	48.8%	37.6%	83.7%	4.7%	-19.0%	23.0K	-168.2K	-2.5K	0.15	36.66	40	6	5,976	464
2022-12-02	$8.59	$10.00	93.6%	26.8%	48.7%	47.3%	93.4%	9.9%	-24.1%	20.2K	-77.2K	-2.1K	1.00	46.15	4	4	6,009	465
2022-12-05	$8.25	$10.00	96.0%	19.9%	49.8%	50.2%	69.8%	5.5%	-0.2%	14.4K	49.1K	-1.6K	0.03	79.40	544	16	6,014	468
2022-12-06	$8.17	$7.50	105.9%	20.6%	49.9%	61.9%	68.1%	21.1%	-3.2%	11.8K	56.0K	-1.6K	0.79	60.45	214	169	5,851	482
2022-12-07	$8.25	$7.50	55.8%	17.9%	49.8%	2.4%	61.1%	5.9%	-0.4%	8.5K	-38.5K	-1.6K	0.08	60.55	417	33	6,372	659
2022-12-08	$8.54	$7.50	42.0%	18.4%	49.3%	0.0%	65.9%	5.9%	1.6%	8.5K	-91.9K	-1.7K	0.27	52.04	79	21	6,431	621
2022-12-09	$8.51	$7.50	51.6%	18.7%	39.5%	10.0%	0.0%	5.1%	-0.4%	8.0K	-57.1K	-1.6K	0.62	65.62	13	8	6,451	627
2022-12-12	$8.70	$7.50	63.8%	19.2%	39.8%	22.7%	60.2%	8.3%	-2.5%	10.0K	-72.5K	-1.6K	0.00	51.91	4	0	6,452	631
2022-12-13	$8.84	$7.50	81.2%	16.4%	37.4%	40.9%	57.8%	10.5%	-1.7%	8.7K	-87.4K	-1.6K	0.00	54.71	119	0	6,456	631
2022-12-14	$8.95	$7.50	55.0%	15.8%	33.5%	13.6%	56.0%	8.1%	-0.7%	17.5K	-285.7K	-2.5K	0.00	73.45	543	0	7,127	631
2022-12-15	$8.79	$7.50	53.2%	15.2%	32.5%	11.7%	52.7%	7.2%	-0.4%	22.7K	-442.6K	-3.0K	0.02	81.01	58	1	7,583	542
2022-12-16	$8.80	$7.50	51.5%	14.8%	31.6%	10.0%	51.8%	8.0%	0.8%	23.5K	-462.8K	-3.0K	0.12	64.24	41	5	7,615	543
2022-12-19	$8.29	$7.50	52.3%	15.0%	37.9%	10.7%	50.1%	-2.5%	6.7%	19.3K	-252.2K	-2.4K	0.01	66.31	190	2	4,086	308
2022-12-20	$8.36	$7.50	56.7%	16.2%	38.0%	15.3%	55.6%	3.5%	-0.8%	19.3K	-247.2K	-2.2K	0.25	65.37	102	25	4,026	275
2022-12-21	$8.25	$7.50	55.2%	15.8%	37.5%	13.8%	0.0%	-1.4%	-0.2%	18.8K	-245.9K	-2.3K	0.00	78.28	10	0	4,108	300
2022-12-22	$8.08	$7.50	56.3%	16.1%	37.4%	14.9%	56.3%	14.5%	0.4%	16.6K	-187.8K	-2.1K	0.08	50.81	12	1	4,118	300
2022-12-23	$7.83	$7.50	54.7%	15.7%	38.7%	13.2%	54.7%	16.7%	1.5%	14.1K	-119.0K	-1.8K	2.86	62.56	35	100	4,117	301
2022-12-27	$7.66	$7.50	57.1%	16.4%	39.2%	15.7%	52.1%	115.7%	0.6%	10.9K	-103.5K	-1.7K	0.00	63.09	0	14	4,127	331
2022-12-28	$7.58	$7.50	57.5%	16.5%	39.3%	16.2%	66.8%	143.6%	0.1%	10.2K	-82.7K	-1.6K	0.00	32.17	16	0	4,127	335
2022-12-29	$7.80	$7.50	55.6%	16.0%	39.6%	14.3%	55.7%	9.1%	2.1%	11.7K	-126.2K	-1.7K	0.00	50.00	175	0	4,113	333
2022-12-30	$8.07	$7.50	57.2%	16.4%	40.1%	15.9%	57.0%	20.9%	-0.0%	16.6K	-272.6K	-2.0K	0.03	64.07	40	1	4,269	333