CRAK Options History — October 2021

In October 2021, CRAK traded between $29.70 and $31.59. ATM implied volatility averaged 33.8%. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 17.5% (HV 20d: 16.3%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 7.10.

Notable Days

  • 2021-10-29: Highest Volume — 152 contracts
  • 2021-10-13: Largest IV drop — 64.5% change
  • 2021-10-01: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.71$29.70$31.59$29.70$29.79
Max Pain$26.10$26.00$28.00$28.00$26.00
ATM IV33.8%20.6%68.7%68.7%27.9%
Expected Move8.2%5.9%19.7%19.7%8.0%
HV 20d16.3%11.5%22.7%22.7%16.5%
Term Structure-3.6%-24.5%6.5%-24.5%-7.2%
VWIV30.5%20.4%45.4%33.0%35.4%
Skew 25d-3.2%-65.2%19.2%-65.2%-1.0%
Skew 10d1.4%-59.0%26.5%-59.0%-3.0%
Call IV 25d30.4%14.5%84.5%84.5%29.9%
Put IV 25d27.2%18.4%45.0%19.4%28.9%
Bid-Ask Spread %143.13129.62158.60156.20150.73
Gamma HHI0.330.180.560.180.39
Net GEX-98-2.0K1.5K-2.0K986
Net DEX-11.0K-34.7K18.8K18.8K-32.3K
Net VEX-83-159-19-116-159
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.100.0014.110.005.08
Total Volume54.23801520152
Total OI100.66789118107100

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$29.70$28.0068.7%19.7%0.0%0.0%0.0%-65.2%-24.5%-2.0K18.8K-1160.00156.20000107
2021-10-04$29.86$26.0031.3%11.5%0.0%0.0%33.0%2.8%-4.1%-1.6K8.6K-490.00158.60020107
2021-10-05$30.21$26.0040.2%6.3%0.0%0.0%0.0%19.2%-0.6%-1.3K9.6K-830.00138.79000107
2021-10-06$30.10$26.0053.8%9.5%0.0%0.0%0.0%1.8%-3.0%-1.6K8.6K-470.00149.72000107
2021-10-07$30.03$26.0038.8%6.8%22.7%0.0%0.0%0.8%-6.4%-1.4K5.4K-320.00131.30000107
2021-10-08$30.31$26.0041.8%6.8%22.0%0.0%0.0%-4.7%-1.7%-1.4K8.1K-620.00144.79000107
2021-10-11$30.43$26.0041.0%7.3%21.3%0.0%0.0%4.6%-7.6%-8403.5K-290.00129.62000107
2021-10-12$30.78$26.0059.0%8.6%20.9%0.0%26.5%1.6%-7.6%-9465.5K-440.00142.54600107
2021-10-13$30.85$26.0021.0%6.0%20.3%0.0%0.0%-5.4%-0.6%-6712.0K-190.00141.00500107
2021-10-14$31.18$26.0027.3%7.8%19.9%0.0%0.0%12.4%0.8%105-9.5K-550.00131.5800693
2021-10-15$31.31$26.0020.6%5.9%17.8%0.0%0.0%-5.5%-0.1%927-20.6K-800.00138.780011107
2021-10-18$31.19$26.0020.6%5.9%13.9%0.0%20.4%-11.4%0.6%792-20.0K-810.00134.64301178
2021-10-19$31.32$26.0021.0%6.0%12.8%0.0%0.0%-12.9%0.3%815-20.1K-790.00134.47101178
2021-10-20$31.58$26.0026.1%7.5%11.8%0.0%21.2%-1.2%2.3%1.5K-30.0K-7514.11136.5791271478
2021-10-21$31.33$26.0023.1%6.6%11.5%0.0%28.8%-8.6%-3.9%697-25.4K-11912.70149.83101271478
2021-10-22$31.12$26.0030.5%8.8%11.8%0.0%30.3%2.2%-2.0%565-25.7K-12912.70137.23101271578
2021-10-25$31.59$26.0030.4%8.7%11.5%0.0%33.1%1.7%6.5%732-29.7K-11212.70153.22101271578
2021-10-26$31.37$26.0036.7%10.5%11.6%0.0%45.4%3.7%-9.4%915-29.4K-9611.55148.53111271578
2021-10-27$30.58$26.0024.6%7.0%15.5%0.0%31.7%-1.8%-6.7%706-24.7K-1257.94146.83161271678
2021-10-28$30.28$26.0026.2%7.5%16.1%0.0%29.7%-0.5%-0.9%908-34.7K-1548.47150.73151272178
2021-10-29$29.79$26.0027.9%8.0%16.5%0.0%35.4%-1.0%-7.2%986-32.3K-1595.08150.73251272278