CXM Options History — September 2024

In September 2024, CXM traded between $7.39 and $8.61. ATM implied volatility averaged 42.2%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 1.7% (HV 20d: 40.6%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 2.16.

Notable Days

2024-09-04: Highest Volume — 5,163 contracts
2024-09-05: Largest IV drop — 49.9% change
2024-09-03: Highest IV Rank — 88.4%
2024-09-03: Largest Expected Move — 23.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.79	$7.39	$8.61	$8.61	$7.71
Max Pain	$7.88	$7.50	$10.00	$10.00	$7.50
ATM IV	42.2%	35.0%	83.3%	83.3%	35.0%
Expected Move	12.0%	10.0%	23.9%	23.9%	10.0%
HV 20d	40.6%	28.7%	43.7%	28.7%	41.4%
HV 60d	37.9%	34.3%	39.6%	34.8%	36.6%
IV Rank	24.1%	12.6%	88.4%	88.4%	12.6%
IV Percentile	51.3%	25.4%	98.8%	98.8%	25.4%
Term Structure	-2.4%	-27.6%	4.8%	-24.3%	4.8%
VWIV	42.7%	35.3%	83.1%	83.1%	37.5%
Skew 25d	31.8%	1.9%	107.6%	7.6%	85.8%
Skew 10d	77.0%	10.7%	214.8%	43.3%	214.8%
Call IV 25d	37.8%	28.6%	78.2%	74.8%	38.3%
Put IV 25d	69.6%	38.1%	143.5%	82.3%	124.0%
Bid-Ask Spread %	35.85	9.46	51.20	27.68	35.32
Gamma HHI	0.46	0.28	0.65	0.31	0.36
Net GEX	-31.1K	-79.4K	8.2K	5.6K	336
Net DEX	809.0K	136.7K	2.0M	798.9K	139.8K
Net VEX	-7.4K	-9.2K	-5.3K	-7.1K	-9.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.16	0.00	14.20	0.31	0.00
Total Volume	677.05	0	5,163	437	18
Total OI	33,889.75	27,766	37,813	31,601	29,013

Daily Data (20 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
2024-09-03	$8.61	$10.00	83.3%	23.9%	28.7%	88.4%	83.1%	7.6%	-24.3%	5.6K	798.9K	-7.1K	0.31	27.68	334	103	10,440	21,161
2024-09-04	$8.50	$10.00	81.9%	23.5%	29.0%	86.2%	79.5%	1.9%	-27.6%	8.2K	720.6K	-7.5K	0.81	9.46	2,857	2,306	10,771	21,240
2024-09-05	$7.79	$10.00	41.0%	10.5%	42.0%	23.0%	35.3%	9.5%	-1.4%	-68.4K	2.0M	-5.3K	5.80	29.06	346	2,007	13,802	23,408
2024-09-06	$7.67	$7.50	39.7%	11.2%	40.6%	21.0%	39.1%	9.1%	-1.4%	-51.9K	1.3M	-5.3K	14.20	29.78	50	710	13,834	21,890
2024-09-09	$7.50	$7.50	40.8%	11.3%	40.9%	22.7%	39.4%	7.6%	-1.2%	-71.5K	1.8M	-6.0K	3.39	29.44	31	105	13,850	22,408
2024-09-10	$7.39	$7.50	39.7%	11.2%	41.0%	21.0%	39.0%	37.6%	-1.4%	-77.5K	1.8M	-6.1K	2.08	47.80	37	77	13,875	22,092
2024-09-11	$7.47	$7.50	36.8%	10.5%	40.4%	15.3%	36.7%	39.3%	0.8%	-79.4K	1.6M	-5.9K	0.56	47.54	78	44	13,870	21,998
2024-09-12	$7.62	$7.50	35.8%	10.2%	41.1%	13.7%	35.7%	20.5%	-0.7%	-75.9K	1.3M	-5.7K	1.33	48.49	694	926	13,934	21,987
2024-09-13	$7.95	$7.50	38.1%	10.9%	43.7%	17.4%	38.1%	17.7%	-1.8%	-21.3K	539.6K	-7.8K	0.06	46.53	186	11	14,514	22,718
2024-09-16	$7.86	$7.50	38.3%	11.0%	43.7%	17.7%	38.3%	56.4%	-1.6%	-39.9K	605.2K	-7.2K	0.01	32.12	468	7	14,558	22,715
2024-09-17	$7.83	$7.50	38.0%	10.9%	42.8%	17.2%	0.0%	60.6%	-1.0%	-52.0K	629.3K	-7.9K	1.85	30.95	39	72	14,902	22,712
2024-09-18	$7.79	$7.50	37.5%	10.8%	42.8%	16.4%	37.4%	21.8%	-0.3%	-63.3K	873.5K	-8.0K	0.07	46.95	454	33	14,907	22,707
2024-09-19	$7.94	$7.50	37.5%	10.8%	43.6%	16.5%	0.0%	14.4%	1.6%	-23.0K	452.6K	-8.8K	1.18	51.20	28	33	15,097	22,716
2024-09-20	$7.83	$7.50	36.7%	10.5%	42.5%	15.2%	36.7%	32.7%	2.0%	2.8K	415.9K	-8.2K	0.37	48.56	91	34	15,090	22,723
2024-09-23	$7.61	$7.50	36.2%	10.4%	42.4%	14.4%	35.9%	107.6%	2.1%	-6.5K	381.7K	-8.0K	6.18	30.89	110	680	10,241	17,525
2024-09-24	$7.64	$7.50	35.9%	10.3%	41.2%	13.9%	35.9%	7.1%	0.6%	-4.4K	266.5K	-8.3K	2.56	32.87	9	23	10,345	18,196
2024-09-25	$7.58	$7.50	36.0%	10.3%	40.7%	14.0%	36.0%	7.4%	1.3%	-5.7K	306.8K	-8.5K	0.02	29.14	507	9	10,348	18,212
2024-09-26	$7.69	$7.50	38.8%	11.1%	41.4%	18.5%	0.0%	7.9%	-0.6%	584	183.3K	-9.2K	0.00	32.87	0	0	10,786	18,212
2024-09-27	$7.72	$7.50	37.5%	10.7%	41.3%	16.4%	37.5%	82.9%	2.1%	1.4K	136.7K	-9.2K	0.33	30.37	18	6	10,786	18,212
2024-09-30	$7.71	$7.50	35.0%	10.0%	41.4%	12.6%	0.0%	85.8%	4.8%	336	139.8K	-9.2K	0.00	35.32	18	0	10,795	18,218