CRAK Options History — March 2022

In March 2022, CRAK traded between $26.98 and $30.28. ATM implied volatility averaged 33.8%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 5.7% (HV 20d: 28.0%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.08.

Notable Days

2022-03-30: Highest Volume — 130 contracts
2022-03-02: Largest IV spike — 149.5% change
2022-03-31: Highest IV Rank — 72.2%
2022-03-17: Largest Expected Move — 18.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.53	$26.98	$30.28	$26.98	$30.28
Max Pain	$26.50	$25.00	$27.00	$27.00	$25.00
ATM IV	33.8%	22.2%	57.5%	23.0%	55.2%
Expected Move	9.6%	4.9%	18.0%	6.6%	10.5%
HV 20d	28.0%	20.4%	31.1%	21.4%	20.4%
HV 60d	25.0%	23.5%	25.7%	23.5%	24.6%
IV Rank	26.4%	4.1%	72.2%	4.1%	72.2%
IV Percentile	41.0%	7.9%	93.2%	7.9%	93.2%
Term Structure	-4.2%	-21.3%	26.9%	24.8%	-19.9%
VWIV	40.9%	31.3%	56.4%	33.8%	31.9%
Skew 25d	2.0%	-22.4%	26.6%	-2.3%	-0.7%
Skew 10d	-2.9%	-29.0%	21.1%	-21.2%	1.3%
Call IV 25d	43.2%	21.6%	72.4%	60.7%	68.2%
Put IV 25d	45.2%	21.7%	73.5%	58.4%	67.5%
Bid-Ask Spread %	142.76	124.50	154.60	137.55	151.37
Gamma HHI	0.36	0.18	0.60	0.42	0.41
Net GEX	4.8K	2.0K	10.1K	2.0K	10.1K
Net DEX	-65.3K	-166.8K	-28.2K	-28.2K	-166.8K
Net VEX	-260	-725	-155	-155	-725
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.08	0.01	3.13	2.94	0.01
Total Volume	75.091	39	130	67	130
Total OI	87.818	63	153	76	153

Daily Data (22 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 Vol	Put Vol	Call OI	Put OI
2022-03-01	$26.98	$27.00	23.0%	6.6%	21.4%	0.0%	33.8%	-2.3%	24.8%	2.0K	-28.2K	-155	2.94	137.55	17	50	56	20
2022-03-02	$28.30	$27.00	57.5%	16.5%	27.4%	0.0%	42.7%	12.4%	-9.7%	4.7K	-51.9K	-194	2.94	144.61	17	50	57	20
2022-03-03	$28.00	$27.00	35.9%	10.3%	27.6%	0.0%	36.9%	-4.5%	-3.5%	4.5K	-51.3K	-191	2.78	142.58	18	50	57	20
2022-03-04	$27.89	$27.00	37.2%	10.7%	27.6%	0.0%	44.0%	2.1%	-1.3%	4.0K	-46.2K	-175	3.13	140.88	16	50	58	20
2022-03-07	$27.37	$27.00	32.4%	9.3%	27.9%	0.0%	56.4%	1.1%	-20.1%	3.3K	-47.9K	-179	3.13	150.84	16	50	56	20
2022-03-08	$28.13	$27.00	32.8%	11.8%	29.2%	0.0%	41.3%	0.4%	-21.3%	5.0K	-55.0K	-175	0.85	143.05	59	50	56	20
2022-03-09	$28.24	$27.00	28.5%	9.3%	28.9%	0.0%	42.3%	-22.4%	-5.8%	6.8K	-72.2K	-327	1.11	137.00	45	50	99	20
2022-03-10	$28.28	$27.00	23.3%	11.0%	28.4%	0.0%	44.1%	-2.6%	-1.9%	6.8K	-76.5K	-344	1.11	138.84	45	50	95	20
2022-03-11	$28.26	$27.00	28.1%	13.1%	28.4%	0.0%	49.6%	19.8%	-14.9%	6.2K	-75.6K	-313	1.11	142.96	45	50	95	20
2022-03-14	$27.78	$25.00	41.2%	13.1%	28.9%	0.0%	31.3%	18.5%	-2.6%	5.3K	-79.4K	-330	1.09	124.50	46	50	96	20
2022-03-15	$27.29	$25.00	46.2%	12.0%	29.4%	0.0%	37.0%	0.1%	-8.6%	2.8K	-58.8K	-298	1.09	142.40	46	50	96	20
2022-03-16	$27.66	$25.00	34.7%	7.9%	29.5%	0.0%	31.9%	7.9%	-2.1%	4.6K	-76.3K	-308	1.09	133.28	46	50	96	20
2022-03-17	$28.29	$0.00	35.5%	18.0%	30.9%	0.0%	0.0%	-11.9%	26.9%	6.4K	-75.3K	-273	1.11	145.35	46	51	96	20
2022-03-21	$28.82	$0.00	22.4%	8.6%	31.1%	0.0%	0.0%	26.6%	23.3%	3.7K	-55.0K	-238	0.03	154.60	38	1	62	1
2022-03-22	$28.94	$0.00	22.2%	5.6%	30.6%	4.1%	0.0%	4.9%	0.9%	4.0K	-53.3K	-245	0.03	144.45	39	1	62	1
2022-03-23	$28.97	$0.00	31.3%	5.4%	30.5%	22.9%	0.0%	-17.2%	-17.5%	4.0K	-54.9K	-212	0.03	144.82	39	1	63	1
2022-03-24	$29.09	$0.00	26.1%	5.5%	29.7%	12.1%	0.0%	8.2%	-6.3%	4.4K	-53.9K	-187	0.03	144.70	39	1	63	1
2022-03-25	$29.37	$0.00	24.6%	5.2%	28.1%	9.1%	0.0%	1.8%	-6.0%	4.6K	-53.7K	-189	0.03	141.32	39	1	62	1
2022-03-28	$29.51	$0.00	26.5%	4.9%	27.4%	13.1%	0.0%	1.2%	-6.3%	4.7K	-56.4K	-190	0.03	140.18	39	1	62	1
2022-03-29	$29.98	$0.00	52.5%	10.3%	27.7%	66.6%	0.0%	-0.2%	-14.6%	3.8K	-74.8K	-264	0.03	151.53	39	1	62	1
2022-03-30	$30.24	$0.00	25.6%	4.9%	25.8%	11.1%	0.0%	0.6%	-6.8%	5.0K	-72.7K	-208	0.01	143.85	129	1	62	1
2022-03-31	$30.28	$0.00	55.2%	10.5%	20.4%	72.2%	0.0%	-0.7%	-19.9%	10.1K	-166.8K	-725	0.01	151.37	129	1	152	1