CXM Options History — March 2026

In March 2026, CXM traded between $5.67 and $6.04. ATM implied volatility averaged 76.2%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 29.4% (HV 20d: 46.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.07.

Notable Days

  • 2026-03-11: Highest Volume — 612 contracts
  • 2026-03-26: Largest IV spike — 57.3% change
  • 2026-03-10: Highest IV Rank — 71.2%
  • 2026-03-12: Largest Expected Move — 56.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.90$5.67$6.04$5.78$6.04
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV76.2%40.8%104.2%77.5%92.8%
Expected Move21.8%13.5%56.7%22.2%26.6%
HV 20d46.8%37.8%54.3%53.3%37.8%
HV 60d42.8%40.4%44.8%40.9%43.6%
IV Rank48.1%19.2%71.2%49.4%60.5%
IV Percentile85.9%39.7%98.8%92.1%95.6%
Term Structure-14.0%-70.2%25.4%-26.1%10.6%
VWIV61.2%35.1%90.5%90.5%77.4%
Skew 25d10.0%-70.4%43.5%-70.4%42.8%
Skew 10d57.9%-76.9%132.3%-76.9%79.4%
Call IV 25d65.1%30.4%232.7%232.7%32.2%
Put IV 25d75.1%45.3%162.3%162.3%75.1%
Bid-Ask Spread %55.6937.7691.0591.0546.27
Gamma HHI0.460.390.500.410.50
Net GEX8.5K6.7K10.1K6.7K10.1K
Net DEX-331.5K-397.7K-245.2K-302.3K-355.1K
Net VEX-4.0K-4.3K-3.5K-3.7K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.0012.0012.000.00
Total Volume82.2270612262
Total OI3,371.53,1133,7263,1133,220

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$5.78$5.0077.5%22.2%53.3%49.4%90.5%-70.4%-26.1%6.7K-302.3K-3.7K12.0091.052242,478635
2026-03-03$5.95$5.00100.0%28.7%54.3%67.8%86.9%43.5%-70.2%7.6K-305.8K-3.9K0.0954.922222,480646
2026-03-04$5.95$5.0093.9%26.9%49.7%62.8%68.2%36.8%-34.7%7.9K-303.5K-3.8K0.0760.584232,484647
2026-03-05$6.00$5.0093.0%16.3%48.7%62.0%0.0%2.3%-6.1%8.4K-343.8K-4.0K0.2478.491742,525647
2026-03-06$5.96$5.0097.2%17.3%48.2%65.5%0.0%13.5%-9.9%8.2K-334.7K-4.1K0.0083.25302,526644
2026-03-09$5.91$5.0082.8%17.2%48.2%53.7%59.2%36.3%-7.6%8.0K-325.8K-4.0K0.0373.777722,523644
2026-03-10$5.67$5.00104.2%13.7%49.5%71.2%42.4%-19.6%25.4%6.9K-245.2K-3.5K1.2976.371952522,548639
2026-03-11$5.97$5.0047.3%13.5%52.7%24.5%38.1%3.9%-11.9%8.0K-370.5K-3.6K0.2472.374921202,719867
2026-03-12$5.81$5.0060.1%56.7%50.6%35.0%56.2%14.7%-15.5%8.1K-356.1K-4.2K0.0752.962822,875847
2026-03-13$5.79$5.0061.1%18.9%48.1%35.9%58.1%-44.9%-11.3%7.1K-331.6K-4.1K5.5056.722112,871849
2026-03-16$5.75$5.0072.1%19.7%47.9%44.9%35.1%25.0%-12.7%7.1K-327.6K-4.0K0.1938.1262122,871848
2026-03-17$5.99$5.0052.4%14.1%49.8%28.7%0.0%-1.9%2.6%9.6K-397.7K-4.1K1.1145.679102,873842
2026-03-18$5.99$5.0075.2%21.0%49.8%47.5%0.0%31.0%-17.8%9.6K-391.6K-4.2K0.0051.341102,876841
2026-03-19$5.97$5.0057.1%19.1%49.9%32.6%0.0%31.3%-16.4%9.5K-395.1K-4.2K0.0743.375642,885841
2026-03-20$5.89$5.0075.5%19.7%50.3%47.7%0.0%-1.1%-14.1%9.2K-387.3K-4.1K0.5342.681991062,880846
2026-03-23$6.04$5.0084.4%17.6%39.7%55.0%0.0%19.8%-12.8%9.8K-327.7K-4.1K0.0047.28202,667533
2026-03-24$5.80$5.0040.8%15.9%42.9%19.2%0.0%17.2%0.8%8.8K-281.1K-3.9K0.0037.761102,670533
2026-03-25$5.79$5.0050.3%21.0%41.9%27.0%0.0%16.0%-21.2%8.4K-278.1K-3.8K0.0040.371002,681527
2026-03-26$5.94$5.0079.1%22.7%38.1%50.7%0.0%-13.1%-16.3%9.3K-310.8K-4.1K0.0046.711002,681527
2026-03-27$5.86$5.0084.0%24.1%38.5%53.7%0.0%15.9%-18.7%8.6K-286.6K-3.9K0.0041.46002,691527
2026-03-30$5.96$5.0095.6%27.4%38.9%62.8%0.0%22.3%-25.1%9.1K-334.3K-4.1K0.0043.73502,691528
2026-03-31$6.04$5.0092.8%26.6%37.8%60.5%77.4%42.8%10.6%10.1K-355.1K-4.3K0.0046.27022,692528