CXM Options History — December 2024

In December 2024, CXM traded between $8.21 and $9.43. ATM implied volatility averaged 41.2%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 0.5% (HV 20d: 41.7%). 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 11 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2024-12-04: Highest Volume — 5,402 contracts
  • 2024-12-05: Largest IV drop — 61.1% change
  • 2024-12-04: Highest IV Rank — 100.0%
  • 2024-12-04: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.89$8.21$9.43$8.34$8.47
Max Pain$9.29$7.50$10.00$7.50$10.00
ATM IV41.2%22.8%91.4%73.1%36.5%
Expected Move12.4%6.5%26.2%21.0%10.5%
HV 20d41.7%33.8%54.3%53.8%40.2%
HV 60d42.3%40.4%43.6%40.6%42.1%
IV Rank23.8%0.0%100.0%72.4%19.9%
IV Percentile43.0%0.0%100.0%96.4%40.9%
Term Structure0.2%-30.2%18.5%-14.7%-0.4%
VWIV45.8%25.3%87.6%74.3%39.2%
Skew 25d-1.3%-11.4%9.4%-2.1%-0.8%
Skew 10d5.6%-11.4%68.2%-4.0%0.8%
Call IV 25d42.0%24.0%85.8%76.4%32.2%
Put IV 25d40.7%26.5%88.7%74.2%31.3%
Bid-Ask Spread %42.277.9058.1740.5139.68
Gamma HHI0.700.560.820.560.61
Net GEX118.4K51.8K213.3K51.8K63.7K
Net DEX-2.9M-4.4M-1.2M-1.2M-1.8M
Net VEX-18.4K-20.7K-15.5K-17.8K-16.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.540.470.04
Total Volume828.143315,40220248
Total OI28,902.90524,78931,69324,78927,345

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$8.34$7.5073.1%21.0%53.8%72.4%74.3%-2.1%-14.7%51.8K-1.2M-17.8K0.4740.51137659,36015,429
2024-12-03$8.21$7.5080.6%23.1%54.3%84.0%84.4%1.1%-22.3%53.1K-1.5M-17.8K0.0758.17822589,40015,472
2024-12-04$8.70$7.5091.4%26.2%51.5%100.0%87.6%2.9%-30.2%80.1K-2.6M-19.8K0.2211.914,41898410,17815,529
2024-12-05$8.64$7.5035.6%12.9%48.6%13.8%42.6%3.4%0.8%80.4K-2.5M-18.2K0.0553.573,17917213,55516,334
2024-12-06$8.79$7.5029.6%11.4%48.3%4.6%40.4%4.2%-1.2%109.5K-2.8M-19.3K0.0057.58724214,59516,363
2024-12-09$9.02$7.5027.3%11.9%46.9%0.9%41.9%-11.4%-0.6%153.3K-3.8M-20.5K0.1152.354214515,32916,364
2024-12-10$9.07$10.0030.5%11.4%34.6%5.9%39.4%-8.8%-1.0%167.5K-3.8M-20.1K0.0952.232152015,13416,390
2024-12-11$9.36$10.0039.9%11.4%35.5%20.5%39.4%-3.1%-0.7%212.8K-4.4M-20.7K0.0053.06185015,02016,389
2024-12-12$9.27$10.0038.7%11.1%33.8%18.6%38.5%-4.5%1.1%183.4K-4.1M-20.0K0.0154.22736514,95416,389
2024-12-13$9.00$10.0038.5%11.0%34.6%18.4%38.7%-7.8%1.0%145.2K-3.3M-19.3K0.0454.185342014,68216,385
2024-12-16$9.43$10.0039.5%11.3%36.3%19.8%39.0%-4.2%0.8%213.3K-4.3M-19.6K0.0054.19669114,44716,365
2024-12-17$9.34$10.0042.5%12.2%36.9%24.5%42.6%-2.5%-0.7%175.3K-4.2M-19.8K0.2637.41912414,59316,365
2024-12-18$8.98$10.0044.4%12.7%40.8%27.3%44.7%-11.2%0.1%113.8K-3.3M-19.1K0.0040.91318014,62516,374
2024-12-19$9.16$10.0038.1%10.9%41.0%17.7%38.3%-4.4%4.4%128.5K-3.5M-18.8K0.0134.90106114,49416,369
2024-12-20$9.13$10.0040.6%11.6%40.3%21.5%40.5%-5.3%-0.1%130.1K-3.6M-18.4K0.1140.0028314,49016,322
2024-12-23$8.96$10.0030.3%8.7%39.1%5.6%27.8%9.4%18.5%113.0K-2.6M-17.5K0.547.90784210,67515,322
2024-12-24$8.93$10.0024.6%7.0%39.1%0.0%0.0%1.9%14.3%97.7K-2.2M-15.6K0.0036.39505010,71315,350
2024-12-26$8.83$10.0022.8%6.5%39.0%0.0%25.3%6.6%18.0%88.8K-2.1M-15.7K0.0136.991,022810,84115,304
2024-12-27$8.59$10.0029.1%8.4%40.5%9.3%39.2%6.6%8.3%60.7K-1.8M-15.5K0.0336.848782211,38415,308
2024-12-30$8.57$10.0032.4%9.3%40.5%14.0%0.0%3.3%8.3%65.0K-1.9M-15.7K0.0034.62803211,74815,276
2024-12-31$8.47$10.0036.5%10.5%40.2%19.9%0.0%-0.8%-0.4%63.7K-1.8M-16.1K0.0439.6846212,07615,269