CXM Options History — July 2024

In July 2024, CXM traded between $9.16 and $10.16. ATM implied volatility averaged 37.5%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 6.2% (HV 20d: 43.7%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 6.45.

Notable Days

  • 2024-07-31: Highest Volume — 3,625 contracts
  • 2024-07-31: Largest IV drop — 12.3% change
  • 2024-07-30: Highest IV Rank — 28.7%
  • 2024-07-30: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.60$9.16$10.16$9.84$9.84
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV37.5%32.9%42.2%36.3%37.1%
Expected Move10.7%9.4%12.1%10.4%10.6%
HV 20d43.7%33.6%69.9%69.2%37.4%
HV 60d46.9%45.2%48.1%45.2%48.1%
IV Rank21.7%15.1%28.7%20.0%21.1%
IV Percentile44.0%12.7%64.7%35.3%43.7%
Term Structure7.8%-0.1%12.4%-0.1%12.4%
VWIV38.5%33.0%58.1%36.3%37.0%
Skew 25d5.1%-5.1%22.5%3.4%4.0%
Skew 10d8.4%-5.3%31.4%5.1%6.0%
Call IV 25d36.3%30.3%41.8%36.0%37.2%
Put IV 25d41.3%32.4%59.7%39.4%41.2%
Bid-Ask Spread %29.6721.3343.2241.4224.84
Gamma HHI0.310.260.430.290.33
Net GEX6.4K-15.1K70.3K12.7K-355
Net DEX278.9K-1.2M1.1M-285.3K-39.2K
Net VEX-14.0K-17.7K-12.0K-17.6K-12.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.450.0042.134.200.03
Total Volume639.909203,6251,0983,625
Total OI27,651.09125,12129,84525,12129,845

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$9.84$10.0036.3%10.4%69.2%20.0%36.3%3.4%-0.1%12.7K-285.3K-17.6K4.2041.4221188712,01013,111
2024-07-02$9.86$10.0036.0%10.3%68.9%19.6%36.1%4.3%0.6%19.3K-446.4K-17.7K0.0439.701,5136612,14913,613
2024-07-03$10.16$10.0032.9%9.4%69.9%15.1%33.0%5.1%2.4%70.3K-1.2M-16.9K0.0043.22487013,02813,620
2024-07-05$9.96$10.0035.2%10.3%69.9%18.3%35.8%14.7%8.3%47.6K-746.0K-17.5K0.1033.223143112,70313,620
2024-07-08$10.04$10.0037.4%10.4%33.6%21.6%35.5%15.4%6.9%39.6K-655.6K-15.4K0.4632.682019312,65013,643
2024-07-09$9.46$10.0038.8%10.4%38.8%23.6%58.1%18.7%7.9%11.4K561.0K-13.4K9.9827.289493812,60813,586
2024-07-10$9.25$10.0038.1%10.9%39.8%22.6%37.3%-5.1%9.2%-5.8K976.6K-12.3K7.9225.156450712,59813,481
2024-07-11$9.21$10.0034.8%10.0%39.8%17.8%34.7%-0.7%9.4%-1.5K908.0K-13.1K1.7023.98447512,62613,818
2024-07-12$9.30$10.0035.9%10.3%39.7%19.4%38.0%-0.3%8.5%-793848.3K-13.5K42.1326.24833712,62513,826
2024-07-15$9.16$10.0038.3%11.0%39.4%23.0%38.4%-2.1%8.4%-6.0K1.1M-12.1K17.5525.26641,12312,64614,145
2024-07-16$9.45$10.0037.8%10.8%40.6%22.2%37.6%22.5%7.0%2.7K774.6K-12.8K17.0028.091932312,66515,264
2024-07-17$9.48$10.0038.5%11.0%40.6%23.2%38.5%6.6%7.5%9.7K606.7K-12.9K5.4334.979048912,68815,564
2024-07-18$9.38$10.0039.9%11.4%39.2%25.3%42.5%7.9%6.9%-12.7K677.3K-13.8K1.9836.745110112,85316,045
2024-07-19$9.38$10.0039.5%11.3%38.8%24.7%39.6%3.6%7.4%-11.2K373.9K-16.0K2.3936.606716012,85316,122
2024-07-22$9.57$10.0035.6%10.2%38.5%19.0%35.6%14.7%10.9%-15.1K481.8K-13.1K7.5636.8710680111,60115,879
2024-07-23$9.66$10.0036.2%10.4%35.7%19.9%36.3%0.1%10.9%-10.7K416.4K-13.2K0.2122.4543911,66617,159
2024-07-24$9.39$10.0038.6%11.1%36.7%23.3%38.6%-4.0%9.0%-12.0K816.3K-12.0K0.0125.39511311,68217,159
2024-07-25$9.64$10.0040.5%11.6%37.0%26.1%0.0%-0.4%8.8%3.4K238.9K-13.2K0.0424.0453212,02417,162
2024-07-26$9.82$10.0036.3%10.4%36.6%19.9%0.0%2.9%10.6%1.2K18.9K-13.3K0.4321.3314611,99117,160
2024-07-29$9.71$10.0038.2%10.9%35.8%22.8%38.2%2.0%9.9%1.5K192.9K-13.0K8.3321.543932511,99117,166
2024-07-30$9.54$10.0042.2%12.1%35.6%28.7%42.2%-1.4%7.6%-1.5K495.0K-12.7K14.3321.841217212,02817,651
2024-07-31$9.84$10.0037.1%10.6%37.4%21.1%37.0%4.0%12.4%-355-39.2K-12.5K0.0324.843,5329312,02817,817