CYD Options History — March 2009

In March 2009, CYD traded between $3.36 and $5.47. ATM implied volatility averaged 95.2%, placing in the 46.3% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded below realized volatility by 22.3% (HV 20d: 117.5%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 2.61.

Notable Days

  • 2009-03-23: Highest Volume — 605 contracts
  • 2009-03-05: Largest IV spike — 43.7% change
  • 2009-03-11: Highest IV Rank — 70.8%
  • 2009-03-09: Largest Expected Move — 31.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.26$3.36$5.47$3.69$4.73
Max Pain$3.64$2.50$5.00$5.00$2.50
ATM IV95.2%61.6%128.5%94.5%96.6%
Expected Move26.6%17.7%31.0%27.1%27.7%
HV 20d117.5%96.4%136.0%96.4%115.2%
HV 60d97.6%86.2%107.5%86.2%104.4%
IV Rank46.3%21.6%70.8%45.8%47.4%
IV Percentile68.9%37.7%90.9%70.6%71.0%
Term Structure9.6%-21.8%36.6%-21.8%8.7%
VWIV92.2%78.3%96.6%78.3%96.6%
Skew 25d10.6%-8.5%35.4%35.4%-8.5%
Skew 10d19.0%0.3%67.2%67.2%0.3%
Call IV 25d98.4%83.9%106.9%85.9%99.3%
Put IV 25d109.1%88.4%122.1%121.3%90.8%
Bid-Ask Spread %24.1411.0447.1912.1524.83
Gamma HHI0.460.350.850.460.42
Net GEX384-1643.5K-114646
Net DEX108.5K-91.4K262.4K168.0K54.6K
Net VEX-1.5K-2.5K-486-1.2K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.610.0030.001.060.60
Total Volume88.409060521480
Total OI2,742.3642,4583,2582,4583,253

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-03-02$3.69$5.0094.5%27.1%96.4%45.8%0.0%35.4%-21.8%-114168.0K-1.2K1.0612.15N/AN/A1041101,2241,234
2009-03-03$3.36$5.0087.4%25.1%101.0%40.6%0.0%5.3%-17.4%409262.4K-4860.0016.02N/AN/A3201,3221,263
2009-03-04$3.85$5.0061.6%17.7%113.9%21.6%0.0%15.3%36.3%46143.0K-1.3K2.6711.04N/AN/A15401,3311,263
2009-03-05$3.74$5.0088.6%25.4%114.0%41.4%0.0%24.6%-12.6%-25170.4K-1.3K0.0018.83N/AN/A001,3461,303
2009-03-06$3.56$5.00111.8%29.1%114.6%58.6%0.0%8.9%26.6%-19178.3K-1.2K0.0037.45N/AN/A001,3461,303
2009-03-09$3.50$5.00116.0%31.0%114.0%61.7%0.0%16.6%30.6%-164190.0K-1.1K0.0038.25N/AN/A2101,3461,303
2009-03-10$3.70$5.00111.8%28.4%116.3%58.5%0.0%10.0%36.6%10174.5K-1.2K0.0045.71N/AN/A001,3381,303
2009-03-11$3.75$5.00128.5%30.5%116.2%70.8%0.0%12.2%6.3%40171.0K-1.2K30.0047.19N/AN/A1301,3381,288
2009-03-12$3.88$5.0083.1%23.8%117.0%37.4%0.0%12.8%11.2%53163.8K-1.3K0.0018.88N/AN/A1001,3391,288
2009-03-13$3.90$5.0093.6%26.8%116.3%45.2%78.3%9.4%7.2%96163.8K-1.3K0.0024.41N/AN/A1001,3491,288
2009-03-16$3.99$2.5094.4%27.1%114.7%45.7%95.6%31.8%7.2%132157.2K-1.3K1.0024.86N/AN/A111,3591,288
2009-03-17$4.25$2.5091.9%26.3%110.9%43.9%0.0%13.2%6.6%175137.4K-1.3K3.7521.59N/AN/A16601,3601,287
2009-03-18$4.27$2.5090.0%25.8%110.7%42.5%0.0%8.7%12.4%325115.7K-1.4K0.0023.06N/AN/A1301,3751,267
2009-03-19$4.09$2.5096.2%27.6%104.8%47.0%0.0%5.7%7.0%231135.6K-1.3K0.0027.63N/AN/A801,3651,267
2009-03-20$5.08$2.5092.2%26.4%126.7%44.1%0.0%17.7%11.0%3.5K-47.0K-1.5K0.8818.94N/AN/A34301,3651,257
2009-03-23$5.47$2.5096.4%27.6%127.6%47.2%96.5%2.9%6.4%344-91.4K-1.7K0.8017.96N/AN/A3372681,2801,218
2009-03-24$4.90$2.5096.6%27.7%135.7%47.4%96.6%-1.0%5.3%743-40.9K-1.7K7.9816.53N/AN/A443511,3881,212
2009-03-25$5.14$2.5095.9%27.5%136.0%46.9%95.9%1.8%9.0%-10617.8K-2.4K0.5521.90N/AN/A122671,4281,563
2009-03-26$5.05$2.5089.4%25.6%136.0%42.1%89.4%1.5%14.3%19314.1K-2.5K0.3616.71N/AN/A56201,5501,630
2009-03-27$4.82$2.5093.2%26.7%126.3%44.8%0.0%-0.7%14.6%64025.1K-2.5K0.0018.54N/AN/A1601,5971,650
2009-03-30$4.98$2.5084.7%24.3%119.5%38.6%89.0%0.0%5.6%1.3K122.9K-2.1K0.0028.66N/AN/A4801,6081,650
2009-03-31$4.73$2.5096.6%27.7%115.2%47.4%96.6%-8.5%8.7%64654.6K-2.3K0.6024.83N/AN/A50301,6031,650