CXM Options History — October 2025

In October 2025, CXM traded between $7.42 and $7.83. ATM implied volatility averaged 41.4%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 19.6% (HV 20d: 21.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 1.15.

Notable Days

  • 2025-10-08: Highest Volume — 1,046 contracts
  • 2025-10-13: Largest IV spike — 23.3% change
  • 2025-10-13: Highest IV Rank — 29.1%
  • 2025-10-29: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.67$7.42$7.83$7.79$7.71
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV41.4%36.7%51.5%39.7%39.6%
Expected Move11.6%10.5%12.8%11.4%11.4%
HV 20d21.8%19.0%23.0%21.7%22.9%
HV 60d38.1%34.3%39.7%39.7%34.3%
IV Rank20.5%16.4%29.1%19.0%18.9%
IV Percentile49.6%26.2%72.2%45.6%39.7%
Term Structure8.8%-2.8%74.7%0.1%9.8%
VWIV40.6%36.7%44.6%39.9%39.4%
Skew 25d33.7%7.4%120.7%43.5%91.9%
Skew 10d80.9%13.4%230.9%211.5%203.8%
Call IV 25d37.1%32.1%51.6%40.3%38.1%
Put IV 25d70.9%40.2%161.8%83.8%129.9%
Bid-Ask Spread %77.2258.0792.7360.0277.20
Gamma HHI0.330.300.400.340.33
Net GEX18.1K9.7K26.4K15.5K22.0K
Net DEX-921.9K-1.2M-421.5K-615.2K-1.0M
Net VEX-11.0K-12.0K-9.2K-9.5K-11.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.0011.641.960.00
Total Volume125.56541,046804
Total OI10,539.879,98111,3269,98110,445

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$7.79$7.5039.7%11.4%21.7%19.0%39.9%43.5%0.1%15.5K-615.2K-9.5K1.9660.0227537,7212,260
2025-10-02$7.76$7.5039.8%11.4%21.7%19.1%39.7%52.7%0.3%14.0K-655.4K-9.6K10.0058.071107,7312,312
2025-10-03$7.75$7.5039.6%11.4%21.5%19.0%39.8%61.5%-0.7%14.3K-623.8K-9.5K0.0260.106517,7322,314
2025-10-06$7.76$7.5044.7%11.8%19.0%23.3%41.0%26.2%5.1%14.0K-631.7K-9.7K0.0278.9712127,7202,314
2025-10-07$7.50$7.5045.5%12.0%21.7%23.9%41.7%17.8%4.4%10.1K-421.5K-9.2K0.0772.98134107,7942,316
2025-10-08$7.63$7.5040.1%12.1%22.2%19.4%43.2%14.3%3.6%11.5K-554.2K-9.4K0.0573.26993537,8152,316
2025-10-09$7.63$7.5040.3%11.7%20.6%19.5%40.7%34.9%3.8%15.7K-953.6K-11.9K0.0775.822928,7902,329
2025-10-10$7.42$7.5041.8%11.7%22.1%20.8%40.7%34.5%5.3%13.7K-808.8K-11.4K0.2882.3380228,7982,329
2025-10-13$7.51$7.5051.5%12.0%22.3%29.1%41.9%8.2%4.0%12.9K-876.4K-11.6K0.0073.532308,8172,329
2025-10-14$7.52$7.5044.9%11.7%22.1%23.5%41.0%33.9%5.1%9.7K-887.8K-11.4K0.6182.631631008,8222,329
2025-10-15$7.55$7.5041.5%11.9%21.5%20.6%41.6%15.9%5.5%11.4K-1.0M-11.9K0.0084.622608,9222,330
2025-10-16$7.56$7.5043.3%12.4%21.5%22.0%43.3%34.6%74.7%16.3K-1.0M-11.6K0.0392.737428,9292,330
2025-10-17$7.62$7.5039.6%11.3%21.6%18.9%39.6%33.1%8.2%26.4K-1.1M-11.5K11.6486.65141638,9942,332
2025-10-20$7.80$7.5040.3%11.6%23.0%19.5%40.3%9.9%9.6%25.3K-1.2M-12.0K0.3572.372388,1352,197
2025-10-21$7.83$7.5038.9%11.1%23.0%18.3%0.0%9.2%10.3%25.5K-1.2M-12.0K0.3272.552278,1402,201
2025-10-22$7.81$7.5039.5%11.3%22.9%18.9%39.5%9.3%8.4%23.8K-1.2M-11.9K0.0085.1836318,1242,208
2025-10-23$7.77$7.5038.1%10.9%22.4%17.7%38.1%8.4%10.3%23.4K-1.1M-11.6K0.0275.029428,1322,207
2025-10-24$7.79$7.5036.7%10.5%22.0%16.4%36.7%7.4%12.2%24.3K-1.2M-11.6K0.1272.941728,1552,208
2025-10-27$7.80$7.5043.3%12.4%22.0%22.1%0.0%29.3%6.8%24.3K-1.2M-11.3K0.0085.812308,1622,209
2025-10-28$7.73$7.5039.5%11.3%20.8%18.9%39.5%33.7%9.5%21.9K-1.1M-11.1K0.9185.3733308,1702,209
2025-10-29$7.57$7.5044.6%12.8%21.7%23.2%44.6%120.7%-2.8%19.6K-946.3K-10.8K0.0091.261708,1882,209
2025-10-30$7.56$7.5040.2%11.5%21.7%19.4%0.0%45.5%7.6%20.6K-919.7K-10.7K0.0076.537408,1842,209
2025-10-31$7.71$7.5039.6%11.4%22.9%18.9%39.4%91.9%9.8%22.0K-1.0M-11.0K0.0077.20408,2362,209