CRAK Options History — August 2022

In August 2022, CRAK traded between $29.26 and $31.87. ATM implied volatility averaged 37.9%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 16.2% (HV 20d: 21.7%). Max pain ranged from $25.00 to $29.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.08.

Notable Days

  • 2022-08-04: Highest Volume — 230 contracts
  • 2022-08-31: Largest IV spike — 102.9% change
  • 2022-08-31: Highest IV Rank — 69.0%
  • 2022-08-31: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.76$29.26$31.87$30.32$30.84
Max Pain$28.70$25.00$29.00$28.00$29.00
ATM IV37.9%23.8%65.1%32.0%65.1%
Expected Move10.1%6.4%18.7%9.2%18.7%
HV 20d21.7%19.9%27.9%27.9%22.3%
HV 60d30.7%29.9%32.6%32.6%30.2%
IV Rank27.2%5.5%69.0%18.1%69.0%
IV Percentile54.0%9.1%97.5%43.5%97.5%
Term Structure-5.6%-33.3%12.7%-3.6%-25.2%
VWIV32.2%20.6%46.4%28.7%42.2%
Skew 25d4.9%-8.5%18.1%-5.8%1.8%
Skew 10d7.0%-6.0%48.4%3.1%1.0%
Call IV 25d31.1%17.3%54.0%31.7%29.1%
Put IV 25d35.9%22.6%65.5%25.9%30.9%
Bid-Ask Spread %123.6099.98144.46108.55127.65
Gamma HHI0.350.290.420.330.33
Net GEX80.3K56.4K100.1K75.9K90.6K
Net DEX-1.2M-1.6M-706.2K-1.1M-1.3M
Net VEX-6.0K-7.1K-4.7K-6.5K-6.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.000.310.160.16
Total Volume79.8260230227222
Total OI1,333.0871,3041,4221,3271,369

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$30.32$28.0032.0%9.2%27.9%18.1%28.7%-5.8%-3.6%75.9K-1.1M-6.5K0.16108.55196311,29829
2022-08-02$30.12$28.0064.9%18.6%24.1%68.7%44.3%-8.5%-15.8%68.5K-1.0M-6.0K0.16139.16196311,28829
2022-08-03$30.08$28.0049.8%14.3%22.1%45.6%46.4%17.1%-23.1%68.7K-939.7K-5.2K0.16131.10197311,28829
2022-08-04$29.42$25.0041.7%7.6%22.9%33.1%30.2%4.1%6.3%69.3K-857.1K-5.3K0.28109.44179511,28816
2022-08-05$29.26$29.0055.5%9.0%23.1%54.3%34.2%1.6%3.0%56.4K-723.2K-4.9K0.30126.20173521,28837
2022-08-08$29.61$29.0043.0%8.3%22.5%35.0%28.9%7.9%1.3%65.5K-706.2K-4.7K0.31111.61168521,29337
2022-08-09$29.90$29.0029.5%6.4%21.6%14.3%0.0%15.3%1.7%68.9K-821.2K-5.2K0.00114.85001,29337
2022-08-10$30.54$29.0027.7%7.9%22.4%11.5%29.3%0.2%9.5%82.8K-1.0M-5.6K0.00108.706501,29137
2022-08-11$30.97$29.0035.0%10.0%21.4%22.8%0.0%5.3%12.7%80.4K-1.2M-5.8K0.00131.342001,27137
2022-08-12$31.27$29.0028.5%8.2%21.2%12.8%0.0%14.4%0.2%80.0K-1.3M-6.5K0.00114.56001,28137
2022-08-15$30.86$29.0048.0%13.8%22.0%42.7%0.0%-6.6%-19.9%71.7K-1.2M-6.1K0.00144.46001,28137
2022-08-16$30.97$29.0037.6%10.8%20.3%26.7%0.0%-7.0%-23.9%80.8K-1.1M-5.5K0.00134.69301,28137
2022-08-17$30.75$29.0043.3%12.4%20.7%35.5%0.0%7.0%-9.7%74.2K-1.2M-6.0K0.00126.76101,28437
2022-08-18$31.23$29.0035.7%10.2%19.9%23.8%20.6%11.5%7.0%80.9K-1.3M-6.2K0.00131.1610401,28337
2022-08-19$30.98$29.0023.8%6.8%20.3%5.5%25.5%1.2%-1.8%97.9K-1.5M-6.5K0.00112.481901,38537
2022-08-22$30.76$29.0026.6%7.6%20.0%9.9%0.0%5.6%5.7%81.8K-1.1M-5.7K0.00127.97001,30528
2022-08-23$31.60$29.0025.2%7.2%21.5%7.8%0.0%13.7%3.2%94.3K-1.5M-6.6K0.00114.33101,30528
2022-08-24$31.66$29.0024.3%7.0%20.5%6.4%26.5%18.1%-2.6%94.4K-1.3M-6.2K0.00116.86201,30428
2022-08-25$31.87$29.0025.6%7.4%20.5%8.4%30.4%4.1%-0.8%93.0K-1.6M-6.9K0.0099.981201,30428
2022-08-26$31.43$29.0042.2%12.1%20.1%33.9%0.0%15.2%-33.3%84.9K-1.6M-7.1K0.00138.09801,31328
2022-08-29$31.82$29.0034.9%10.0%20.4%22.6%31.9%-3.9%-8.2%100.1K-1.6M-6.6K0.00139.962201,32128
2022-08-30$31.11$29.0032.1%9.2%22.0%18.3%0.0%-0.9%-11.8%85.0K-1.5M-6.7K0.00132.85001,34128
2022-08-31$30.84$29.0065.1%18.7%22.3%69.0%42.2%1.8%-25.2%90.6K-1.3M-6.2K0.16127.65192301,34128