CXM Options History — August 2024

In August 2024, CXM traded between $8.77 and $9.48. ATM implied volatility averaged 51.5%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 16.2% (HV 20d: 35.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 28.06.

Notable Days

  • 2024-08-26: Highest Volume — 1,728 contracts
  • 2024-08-12: Largest IV spike — 36.9% change
  • 2024-08-28: Highest IV Rank — 58.9%
  • 2024-08-28: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.96$8.77$9.48$9.48$8.89
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV51.5%34.6%64.3%40.7%49.1%
Expected Move15.6%11.7%18.4%11.7%14.1%
HV 20d35.3%29.6%40.5%37.9%29.6%
HV 60d48.4%47.7%49.0%48.2%48.5%
IV Rank40.1%17.4%58.9%26.4%35.5%
IV Percentile76.0%24.6%94.4%61.9%75.0%
Term Structure-8.2%-21.6%10.8%10.8%-4.4%
VWIV58.1%40.8%71.5%40.8%60.9%
Skew 25d14.1%-6.4%235.7%235.7%17.5%
Skew 10d21.8%-10.1%307.6%307.6%22.2%
Call IV 25d59.6%41.1%68.5%41.1%54.7%
Put IV 25d73.7%39.6%276.8%276.8%72.3%
Bid-Ask Spread %49.9622.2666.7623.2145.86
Gamma HHI0.340.280.420.410.33
Net GEX27.7K10.9K57.5K57.5K18.3K
Net DEX590.3K16.9K1.2M16.9K281.3K
Net VEX-9.1K-14.1K-7.6K-14.1K-7.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio28.060.00188.3311.841.42
Total Volume489.091141,728873429
Total OI31,691.77328,35634,70331,78031,307

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$9.48$10.0040.7%11.7%37.9%26.4%40.8%235.7%10.8%57.5K16.9K-14.1K11.8423.216880513,97617,804
2024-08-02$9.16$10.0044.1%12.6%39.0%31.4%45.0%-6.4%7.3%43.0K632.9K-12.3K0.1422.2663913,97518,605
2024-08-05$8.82$10.0034.6%16.3%40.5%17.4%68.0%-4.3%-10.1%26.8K1.2M-10.8K20.2160.902448513,96618,599
2024-08-06$8.79$10.0038.7%16.4%35.3%23.5%0.0%-4.1%-7.2%23.9K1.2M-10.5K43.2560.36417313,97319,081
2024-08-07$8.77$10.0039.8%16.3%34.6%25.1%59.9%2.4%-9.6%26.8K1.1M-9.9K29.7155.02351,04013,97619,024
2024-08-08$8.98$10.0040.8%15.3%35.8%22.7%54.4%-4.0%-7.4%43.0K753.1K-10.2K10.8961.783538113,98718,930
2024-08-09$8.91$10.0040.0%15.7%35.7%21.4%53.4%-3.0%-9.0%39.3K775.6K-10.4K97.5061.55219513,98419,152
2024-08-12$8.86$10.0054.7%12.2%35.4%44.2%54.6%-0.9%-8.7%26.3K928.1K-8.6K4.0066.768032013,98619,282
2024-08-13$9.02$10.0057.2%14.8%34.0%48.1%61.2%1.5%-12.1%26.9K954.1K-9.1K22.8947.912864114,05019,602
2024-08-14$8.77$10.0052.6%15.1%35.1%40.9%52.0%5.3%-10.6%22.6K979.6K-8.8K188.3356.86356514,06020,182
2024-08-15$8.95$10.0056.2%16.1%36.1%46.5%0.0%3.9%-6.4%28.3K848.4K-7.8K15.4243.881218514,06220,641
2024-08-16$8.95$10.0051.6%14.8%36.1%39.4%53.8%9.0%-8.1%24.4K767.3K-9.0K21.4762.671532214,06420,548
2024-08-19$9.11$10.0055.4%15.9%35.9%45.2%55.8%3.8%-10.4%29.4K37.7K-8.4K0.5953.8629517510,00218,354
2024-08-20$9.04$10.0057.0%16.4%35.6%47.8%57.0%0.1%-10.5%26.9K170.5K-8.0K0.1746.931229,93918,541
2024-08-21$9.09$10.0056.4%16.2%34.5%46.7%62.9%1.8%-10.6%28.2K122.3K-7.9K0.2251.4691209,93918,541
2024-08-22$8.79$10.0057.4%16.4%34.6%48.3%59.5%5.5%-7.4%22.8K387.2K-7.6K68.7154.43748110,02118,881
2024-08-23$8.93$10.0057.6%16.5%34.4%48.7%58.1%10.8%-9.8%25.1K223.5K-8.0K0.0049.62230110,02519,354
2024-08-26$9.13$10.0059.9%17.2%35.6%52.1%71.5%7.2%-11.6%29.8K61.7K-8.2K8.4949.891821,54610,19619,354
2024-08-27$8.89$10.0061.6%17.7%36.2%54.8%61.6%4.7%-10.4%14.1K463.5K-7.9K0.0041.0342010,27820,769
2024-08-28$8.86$10.0064.3%18.4%33.8%58.9%68.0%16.4%-21.6%10.9K556.5K-8.0K64.0042.79241,53610,32720,769
2024-08-29$8.91$10.0063.5%18.2%31.8%57.7%64.6%7.2%-13.1%14.2K460.7K-7.7K7.9540.072217510,34320,770
2024-08-30$8.89$10.0049.1%14.1%29.6%35.5%60.9%17.5%-4.4%18.3K281.3K-7.8K1.4245.8617725210,36220,945