CXM Options History — July 2025

In July 2025, CXM traded between $8.57 and $9.33. ATM implied volatility averaged 32.3%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 5.6% (HV 20d: 37.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.96.

Notable Days

  • 2025-07-17: Highest Volume — 270 contracts
  • 2025-07-17: Largest IV spike — 80.4% change
  • 2025-07-02: Highest IV Rank — 23.0%
  • 2025-07-02: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.95$8.57$9.33$8.70$9.00
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV32.3%21.8%44.4%42.1%30.4%
Expected Move9.0%6.2%12.7%12.1%8.7%
HV 20d37.9%28.9%45.2%45.2%29.7%
HV 60d38.6%35.2%49.8%49.8%36.1%
IV Rank12.7%3.8%23.0%21.0%11.1%
IV Percentile22.3%1.2%66.7%58.3%14.3%
Term Structure7.5%-22.8%21.2%0.3%20.3%
VWIV36.0%25.0%57.3%39.2%25.7%
Skew 25d9.9%-11.7%30.6%11.2%9.8%
Skew 10d14.4%-8.0%41.4%14.0%13.3%
Call IV 25d32.4%20.2%41.0%29.4%30.0%
Put IV 25d42.3%25.7%63.6%40.6%39.8%
Bid-Ask Spread %77.2362.4595.6962.4569.18
Gamma HHI0.470.460.490.480.46
Net GEX58.7K39.0K78.7K45.1K57.7K
Net DEX-1.6M-2.1M-1.2M-1.4M-1.5M
Net VEX-12.8K-15.3K-10.9K-12.7K-13.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.0010.000.000.18
Total Volume79.591527023413
Total OI9,339.9098,9019,6268,9019,626

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$8.70$7.5042.1%12.1%45.2%21.0%0.0%11.2%0.3%45.1K-1.4M-12.7K0.0062.4523406,8872,014
2025-07-02$8.58$7.5044.4%12.7%43.3%23.0%39.2%8.2%-22.8%47.8K-1.3M-12.6K0.6763.77327,4112,014
2025-07-03$8.77$7.5030.4%8.7%40.9%11.1%31.4%-9.9%3.4%56.5K-1.6M-13.5K0.0073.821607,3672,009
2025-07-07$8.96$7.5039.4%9.0%41.6%18.7%40.0%-11.7%0.1%63.7K-1.7M-13.5K0.2083.5056117,3702,009
2025-07-08$8.96$7.5043.8%9.2%41.0%22.5%57.3%-7.7%4.1%62.6K-1.8M-13.5K0.0071.774207,3862,001
2025-07-09$9.13$7.5026.6%7.6%41.4%7.9%34.0%-8.1%5.5%67.4K-1.8M-14.3K0.0080.654507,4132,001
2025-07-10$9.04$7.5029.9%8.6%41.6%10.7%0.0%2.8%7.4%66.4K-1.7M-13.2K0.0082.411607,3922,001
2025-07-11$8.57$7.5034.8%10.0%45.0%14.8%0.0%0.1%9.7%43.8K-1.2M-10.9K0.0095.69807,3952,001
2025-07-14$8.63$7.5028.3%8.1%40.6%9.3%28.0%8.8%17.0%41.2K-1.3M-11.9K0.0085.791707,4052,001
2025-07-15$8.68$7.5025.3%7.3%39.9%6.7%25.0%7.4%1.6%39.0K-1.3M-11.7K0.0266.806617,4032,001
2025-07-16$8.77$7.5022.2%6.4%38.3%4.1%31.7%18.1%18.0%48.6K-1.4M-12.0K0.0378.603017,4032,001
2025-07-17$9.00$7.5040.0%11.5%39.0%19.2%41.5%8.5%2.1%60.8K-1.7M-12.9K0.0474.78260107,4052,002
2025-07-18$9.00$7.5031.5%9.0%36.9%12.0%0.0%8.9%5.2%58.6K-1.7M-12.7K0.6878.5022157,3942,012
2025-07-21$8.98$7.5030.3%8.7%36.6%11.0%37.4%11.5%6.1%59.7K-1.6M-12.1K0.0378.2516257,0901,951
2025-07-22$9.07$7.5030.3%8.7%36.4%11.0%0.0%13.4%7.7%64.3K-1.7M-12.9K10.0076.354407,1901,950
2025-07-23$9.05$7.5029.1%8.3%35.5%10.0%0.0%26.0%19.4%62.8K-1.7M-12.8K0.8079.32547,1901,961
2025-07-24$9.02$7.5021.8%6.2%35.0%3.8%36.3%25.6%21.2%56.3K-1.5M-11.9K7.4077.3210747,1931,961
2025-07-25$9.25$7.5038.7%11.1%35.2%18.2%40.1%17.4%1.2%72.8K-1.9M-13.2K0.7474.8172537,1992,032
2025-07-28$9.29$7.5028.0%8.0%31.8%9.0%34.3%22.4%10.6%77.7K-1.9M-13.1K0.2779.39162437,2682,075
2025-07-29$9.33$7.5038.5%11.0%28.9%18.0%38.6%24.8%6.4%78.7K-2.1M-15.3K0.0281.5819547,3882,117
2025-07-30$9.07$7.5024.5%7.0%30.0%6.1%25.7%30.6%19.3%60.8K-1.6M-13.0K0.0084.325007,4712,118
2025-07-31$9.00$7.5030.4%8.7%29.7%11.1%0.0%9.8%20.3%57.7K-1.5M-13.0K0.1869.181127,5082,118