CRAK Options History — November 2021

In November 2021, CRAK traded between $26.67 and $30.29. ATM implied volatility averaged 34.4%. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 16.9% (HV 20d: 17.4%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 4.48.

Notable Days

  • 2021-11-19: Highest Volume — 157 contracts
  • 2021-11-15: Largest IV spike — 48.3% change
  • 2021-11-02: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.90$26.67$30.29$30.08$26.67
Max Pain$27.10$26.00$28.00$26.00$27.00
ATM IV34.4%23.3%53.8%46.4%29.1%
Expected Move8.9%6.7%13.3%13.3%8.3%
HV 20d17.4%16.2%20.4%16.7%20.1%
HV 60d19.9%19.1%20.9%19.5%20.6%
Term Structure-3.3%-21.7%18.3%-9.2%18.1%
VWIV33.4%26.1%54.7%48.2%41.9%
Skew 25d-1.9%-21.7%14.1%-8.6%-21.7%
Skew 10d-9.3%-33.2%12.0%-13.2%-1.0%
Call IV 25d35.0%18.7%62.6%52.4%62.6%
Put IV 25d33.1%24.0%56.2%43.8%40.9%
Bid-Ask Spread %141.25123.14153.53145.66143.13
Gamma HHI0.470.290.700.460.35
Net GEX1.6K1802.4K1.3K757
Net DEX-40.1K-55.7K-17.4K-49.8K-22.3K
Net VEX-257-315-225-267-315
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.483.635.085.083.63
Total Volume149134157152139
Total OI111.5106119111118

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-02$30.08$26.0046.4%13.3%16.7%0.0%48.2%-8.6%-9.2%1.3K-49.8K-2675.08145.66251273378
2021-11-03$29.94$26.0045.9%13.2%16.3%0.0%54.7%0.4%-12.1%1.8K-49.7K-2645.08153.53251273378
2021-11-04$29.69$27.0048.0%7.1%16.5%0.0%26.7%-9.0%0.2%1.8K-46.4K-2615.08143.86251273378
2021-11-05$30.19$27.0049.5%9.8%17.6%0.0%29.1%6.8%-10.8%1.5K-50.3K-2515.08135.08251273378
2021-11-08$30.29$27.0053.8%9.7%17.3%0.0%31.6%-6.3%-12.0%2.4K-55.7K-2254.88144.83261273378
2021-11-09$30.29$27.0038.9%8.4%17.2%0.0%27.3%11.6%-7.1%2.0K-55.2K-2484.88128.27261273478
2021-11-10$30.00$28.0023.3%6.7%17.0%0.0%29.6%4.0%-2.8%2.3K-51.0K-2354.88141.09261273378
2021-11-11$29.84$28.0023.4%6.7%17.0%0.0%28.7%1.3%-4.0%2.2K-47.6K-2394.88143.91261273378
2021-11-12$29.69$28.0024.9%7.1%16.4%0.0%28.2%0.1%-8.0%2.1K-45.8K-2374.70140.50271273378
2021-11-15$29.47$28.0036.9%10.6%16.2%0.0%32.3%-12.1%-12.2%2.2K-45.3K-2614.38146.21291273678
2021-11-16$29.20$27.0024.7%7.1%16.4%0.0%29.5%4.7%-5.8%2.3K-44.5K-2654.38142.73291273778
2021-11-17$28.73$27.0024.1%6.9%16.8%0.0%27.3%-9.0%-3.3%1.8K-40.8K-2514.38139.53291273778
2021-11-18$28.45$27.0027.7%7.9%16.2%0.0%29.4%9.5%0.4%1.5K-34.1K-2614.38140.68291273778
2021-11-19$27.74$27.0031.4%9.0%17.7%0.0%29.5%-3.2%6.5%1.1K-31.9K-2514.41123.14291284178
2021-11-22$27.73$27.0027.9%8.0%17.8%0.0%26.1%9.8%-6.6%925-26.1K-2473.89128.82281094066
2021-11-23$28.09$27.0036.5%10.5%17.5%0.0%31.5%0.5%-21.7%1.6K-33.1K-2543.76140.40291094066
2021-11-24$28.09$27.0036.9%10.6%17.6%0.0%37.4%-21.2%1.0%1.7K-37.1K-2803.76153.40291094166
2021-11-26$26.98$27.0032.7%9.4%20.4%0.0%42.6%14.1%4.6%537-17.4K-2874.36145.72251094166
2021-11-29$26.92$27.0025.2%7.2%20.4%0.0%37.3%-9.6%18.3%180-17.7K-2493.63144.51301094266
2021-11-30$26.67$27.0029.1%8.3%20.1%0.0%41.9%-21.7%18.1%757-22.3K-3153.63143.13301095266