CYD Options History — January 2025

In January 2025, CYD traded between $9.77 and $11.98. ATM implied volatility averaged 73.1%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded below realized volatility by 7.1% (HV 20d: 80.2%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.86.

Notable Days

2025-01-15: Highest Volume — 241 contracts
2025-01-29: Largest IV spike — 124.9% change
2025-01-29: Highest IV Rank — 46.6%
2025-01-29: Largest Expected Move — 43.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.74	$9.77	$11.98	$10.17	$10.94
Max Pain	$8.75	$7.50	$10.00	$10.00	$10.00
ATM IV	73.1%	36.9%	152.0%	62.6%	102.1%
Expected Move	18.1%	10.6%	43.6%	18.0%	29.3%
HV 20d	80.2%	74.1%	95.2%	74.1%	74.2%
HV 60d	58.6%	52.5%	66.1%	52.5%	66.1%
IV Rank	17.3%	4.6%	46.6%	13.1%	28.1%
IV Percentile	36.5%	9.5%	75.8%	33.3%	51.2%
Term Structure	8.5%	-53.3%	104.5%	-12.6%	19.6%
VWIV	73.1%	58.3%	83.2%	75.9%	82.2%
Skew 25d	19.1%	-8.9%	116.2%	6.5%	0.4%
Skew 10d	32.3%	-12.0%	106.3%	22.1%	60.9%
Call IV 25d	50.8%	38.8%	80.2%	51.5%	80.2%
Put IV 25d	69.9%	39.8%	156.9%	57.9%	80.6%
Bid-Ask Spread %	134.59	105.22	152.50	119.74	136.25
Gamma HHI	0.61	0.32	0.91	0.73	0.47
Net GEX	5.5K	2.0K	10.1K	4.4K	4.4K
Net DEX	-92.9K	-172.2K	-7.8K	-45.1K	-103.0K
Net VEX	-471	-657	-331	-427	-503
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.86	0.00	6.00	0.04	0.00
Total Volume	32.05	0	241	0	60
Total OI	512.35	278	795	499	468

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-01-02	$10.17	$10.00	62.6%	18.0%	74.1%	13.1%	0.0%	6.5%	-12.6%	4.4K	-45.1K	-427	0.00	119.74	N/A	N/A	0	0	386	113
2025-01-03	$9.77	$10.00	62.3%	17.9%	75.7%	13.0%	75.9%	15.8%	10.9%	4.4K	-15.5K	-376	0.00	105.22	N/A	N/A	0	1	386	113
2025-01-06	$9.84	$7.50	58.1%	13.3%	75.3%	11.6%	0.0%	4.9%	-1.3%	6.2K	-7.8K	-331	0.00	147.97	N/A	N/A	0	2	385	113
2025-01-07	$10.36	$7.50	75.7%	17.9%	77.2%	17.6%	0.0%	12.5%	14.3%	4.4K	-57.8K	-395	0.04	136.00	N/A	N/A	50	2	385	112
2025-01-08	$10.57	$7.50	131.9%	14.8%	76.5%	36.9%	0.0%	-7.1%	-15.0%	3.7K	-97.6K	-529	0.00	134.69	N/A	N/A	0	0	433	113
2025-01-10	$10.13	$7.50	58.2%	14.0%	77.7%	11.6%	0.0%	16.6%	5.5%	8.5K	-49.3K	-428	0.00	152.50	N/A	N/A	10	0	433	113
2025-01-13	$10.16	$7.50	64.8%	11.2%	77.2%	14.9%	0.0%	22.3%	12.3%	10.1K	-56.5K	-420	0.00	144.88	N/A	N/A	0	0	443	113
2025-01-14	$10.18	$7.50	102.1%	12.8%	77.1%	28.7%	0.0%	-8.9%	3.0%	7.7K	-59.1K	-433	0.00	122.43	N/A	N/A	0	0	443	113
2025-01-15	$10.21	$7.50	36.9%	10.6%	76.7%	4.6%	0.0%	-8.7%	0.6%	8.3K	-59.4K	-406	0.01	137.58	N/A	N/A	239	2	443	113
2025-01-16	$10.33	$7.50	47.6%	13.7%	75.4%	8.5%	0.0%	5.9%	104.5%	7.0K	-68.9K	-401	0.00	136.50	N/A	N/A	0	0	682	113
2025-01-17	$10.38	$7.50	61.1%	17.5%	75.2%	13.5%	67.0%	41.0%	35.1%	2.0K	-153.8K	-380	0.00	140.69	N/A	N/A	0	1	682	89
2025-01-21	$11.93	$7.50	70.7%	20.3%	88.1%	17.0%	64.3%	3.4%	5.6%	2.6K	-112.6K	-456	0.07	114.79	N/A	N/A	187	13	253	25
2025-01-22	$11.79	$10.00	67.3%	19.3%	88.4%	15.7%	0.0%	36.0%	13.3%	5.3K	-161.7K	-570	0.03	133.59	N/A	N/A	39	1	377	35
2025-01-23	$11.81	$10.00	49.5%	14.2%	88.3%	8.5%	58.3%	-2.2%	5.8%	5.5K	-149.8K	-602	6.00	145.39	N/A	N/A	1	6	416	36
2025-01-24	$11.98	$10.00	64.6%	18.5%	87.3%	14.1%	83.2%	6.1%	-20.6%	5.4K	-172.2K	-657	0.00	133.44	N/A	N/A	14	0	416	36
2025-01-27	$10.79	$10.00	69.3%	19.9%	95.2%	15.9%	80.8%	65.9%	5.2%	4.1K	-106.4K	-534	1.60	137.17	N/A	N/A	5	8	426	36
2025-01-28	$11.24	$10.00	67.6%	19.4%	82.3%	15.2%	0.0%	32.5%	2.5%	4.8K	-121.4K	-547	0.00	126.94	N/A	N/A	0	0	426	42
2025-01-29	$11.06	$10.00	152.0%	43.6%	82.4%	46.6%	0.0%	116.2%	-53.3%	6.0K	-142.6K	-512	0.00	134.92	N/A	N/A	0	0	426	42
2025-01-30	$11.15	$10.00	58.0%	16.6%	79.4%	11.7%	0.0%	23.0%	35.3%	4.6K	-117.4K	-514	0.00	151.22	N/A	N/A	0	0	426	42
2025-01-31	$10.94	$10.00	102.1%	29.3%	74.2%	28.1%	82.2%	0.4%	19.6%	4.4K	-103.0K	-503	0.00	136.25	N/A	N/A	60	0	426	42