CRAK Options History — May 2022

In May 2022, CRAK traded between $29.72 and $33.04. ATM implied volatility averaged 32.7%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 0.0% (HV 20d: 32.6%). Max pain ranged from $26.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2022-05-23: Highest Volume — 876 contracts
  • 2022-05-31: Largest IV spike — 40.9% change
  • 2022-05-10: Highest IV Rank — 43.1%
  • 2022-05-10: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.38$29.72$33.04$30.26$32.94
Max Pain$26.57$26.00$30.00$30.00$26.00
ATM IV32.7%25.8%41.1%30.2%39.9%
Expected Move9.3%7.3%11.9%8.6%11.4%
HV 20d32.6%25.3%37.0%25.3%31.1%
HV 60d26.9%24.3%28.4%24.3%25.6%
IV Rank25.8%11.6%43.1%20.6%40.7%
IV Percentile49.7%22.9%75.6%42.2%74.1%
Term Structure0.3%-23.1%23.2%-1.5%18.1%
VWIV30.5%23.7%43.8%31.0%43.8%
Skew 25d7.0%-3.5%37.6%1.6%37.6%
Skew 10d5.7%-23.6%25.0%1.3%25.0%
Call IV 25d27.9%15.7%40.1%32.0%23.1%
Put IV 25d34.9%22.6%60.7%33.7%60.7%
Bid-Ask Spread %117.4186.07146.37116.81146.37
Gamma HHI0.260.200.410.350.25
Net GEX82.1K23.7K132.1K23.7K132.1K
Net DEX-1.3M-2.4M-257.8K-257.8K-2.3M
Net VEX-4.8K-7.7K-968-968-7.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.300.000.30
Total Volume523.5714287642809
Total OI943.0482811,4832811,483

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$30.26$30.0030.2%8.6%25.3%20.6%31.0%1.6%-1.5%23.7K-257.8K-9680.00116.8142027110
2022-05-03$30.87$30.0025.8%7.4%26.3%11.6%28.7%2.5%1.8%27.2K-305.9K-1.0K0.00119.4043027310
2022-05-04$31.79$30.0026.7%7.7%27.9%13.4%24.3%-3.5%-1.5%32.5K-404.3K-1.0K0.00123.05158027410
2022-05-05$30.90$26.0025.8%7.3%30.0%11.6%24.6%6.4%2.9%44.2K-506.0K-1.6K0.0086.07258040510
2022-05-06$31.29$26.0030.3%8.5%29.8%20.8%25.7%5.5%-4.5%53.7K-779.1K-2.0K0.00105.86258050710
2022-05-09$30.25$26.0035.9%8.6%32.2%32.4%30.5%5.6%-4.1%54.3K-672.8K-2.0K0.0088.81216052910
2022-05-10$29.98$26.0041.1%11.9%32.3%43.1%40.4%4.6%-13.5%46.3K-714.0K-2.4K0.00125.65241058210
2022-05-11$30.25$26.0037.9%10.9%32.4%36.5%38.3%-1.9%-9.5%54.9K-733.6K-2.3K0.00121.01197060710
2022-05-12$29.72$26.0038.4%11.0%32.2%37.6%38.1%13.4%0.1%54.6K-709.3K-2.4K0.00121.34192063810
2022-05-13$31.13$26.0035.6%10.2%36.4%31.8%30.0%8.1%1.2%61.9K-914.2K-2.6K0.00119.09707063810
2022-05-16$31.25$26.0032.9%9.4%35.9%26.2%35.6%14.9%3.3%90.0K-1.7M-7.5K0.00118.6770501,18310
2022-05-17$31.86$26.0028.9%8.3%36.5%17.9%31.4%-3.5%2.5%101.9K-1.8M-7.7K0.00119.0472201,20810
2022-05-18$31.31$26.0033.2%9.5%37.0%26.8%28.7%-0.4%-23.1%109.1K-1.8M-7.7K0.00120.3267301,22910
2022-05-19$31.58$26.0026.4%7.6%36.4%12.9%24.8%4.3%11.7%114.8K-1.7M-7.3K0.15111.216731031,23610
2022-05-20$31.47$26.0028.5%8.2%36.2%17.1%26.0%2.5%-1.5%116.2K-1.7M-7.3K0.28110.906621831,236113
2022-05-23$32.16$26.0035.2%10.1%34.7%31.0%30.9%-3.0%12.8%112.6K-2.0M-7.7K0.27128.766911851,224193
2022-05-24$32.05$26.0029.9%8.6%34.7%20.0%29.0%4.4%-0.9%120.1K-1.9M-7.7K0.30118.246231851,259195
2022-05-25$32.40$26.0035.8%10.2%34.5%32.1%23.7%15.0%-11.6%115.9K-2.0M-7.6K0.29116.036291851,259192
2022-05-26$32.53$26.0039.8%11.4%32.6%40.5%28.0%18.6%23.2%130.0K-2.2M-7.4K0.28134.096521851,266192
2022-05-27$33.04$26.0028.3%8.1%30.9%16.8%27.3%13.8%-0.5%128.9K-2.4M-7.6K0.29114.786331851,280192
2022-05-31$32.94$26.0039.9%11.4%31.1%40.7%43.8%37.6%18.1%132.1K-2.3M-7.6K0.30146.376241851,291192