CRAK Options History — September 2022

In September 2022, CRAK traded between $26.06 and $30.24. ATM implied volatility averaged 44.1%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 16.0% (HV 20d: 28.1%). Max pain ranged from $26.00 to $31.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2022-09-28: Highest Volume — 255 contracts
  • 2022-09-26: Largest IV spike — 81.0% change
  • 2022-09-12: Highest IV Rank — 77.1%
  • 2022-09-27: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.47$26.06$30.24$29.63$27.11
Max Pain$29.33$26.00$31.00$29.00$26.00
ATM IV44.1%28.4%70.3%32.3%40.1%
Expected Move11.5%7.7%19.1%9.3%11.5%
HV 20d28.1%23.9%36.1%25.5%34.0%
HV 60d27.9%25.3%30.4%30.4%27.7%
IV Rank36.8%12.6%77.1%18.7%30.6%
IV Percentile68.2%27.8%99.2%45.2%69.4%
Term Structure-6.3%-25.2%16.4%-4.8%-11.9%
VWIV38.1%26.9%67.3%33.0%44.3%
Skew 25d6.8%-26.9%51.3%-0.1%-0.3%
Skew 10d7.1%-1.0%17.7%12.8%2.3%
Call IV 25d33.9%19.8%67.3%33.5%33.7%
Put IV 25d40.7%24.9%77.1%33.3%33.4%
Bid-Ask Spread %128.6999.43147.71114.51144.35
Gamma HHI0.340.310.400.330.36
Net GEX47.6K25.1K85.3K73.1K34.4K
Net DEX-554.5K-1.0M-248.8K-759.9K-512.9K
Net VEX-3.4K-5.2K-1.9K-4.4K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.000.000.04
Total Volume86.33302551255
Total OI1,229.7621,0481,3711,3691,098

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$29.63$29.0032.3%9.3%25.5%18.7%33.0%-0.1%-4.8%73.1K-759.9K-4.4K0.00114.51011,34128
2022-09-02$29.74$29.0054.1%15.5%25.4%52.1%40.3%51.3%-25.2%59.1K-925.8K-5.2K0.00142.54301,34127
2022-09-06$29.77$31.0065.0%13.6%25.1%68.9%40.7%12.6%-17.7%73.4K-1.0M-5.2K0.06143.62176101,34427
2022-09-07$29.79$31.0059.6%14.8%24.8%60.5%26.9%19.0%-20.1%67.9K-927.1K-5.0K0.06132.89176101,34427
2022-09-08$29.41$31.0040.9%7.7%23.9%31.8%0.0%-0.7%14.1%60.4K-583.6K-3.5K0.00126.53001,34427
2022-09-09$30.05$31.0042.9%13.6%24.7%35.0%0.0%31.9%-22.9%78.7K-961.5K-4.8K0.00146.25601,34427
2022-09-12$30.24$31.0070.3%8.5%24.5%77.1%0.0%8.7%-0.3%85.3K-973.5K-5.0K0.00117.88001,34127
2022-09-13$29.11$31.0049.1%11.7%27.5%44.4%30.7%-26.9%-4.5%54.3K-672.7K-4.2K0.06138.35176101,34127
2022-09-14$29.18$31.0041.7%12.0%27.4%33.1%0.0%-0.6%-17.0%52.9K-617.3K-3.8K0.00147.71001,34027
2022-09-15$28.73$31.0040.1%11.5%27.8%30.5%0.0%-4.8%-13.2%42.8K-444.5K-3.1K0.00136.83201,34027
2022-09-16$28.29$31.0031.0%8.9%27.1%16.7%26.9%-1.8%16.4%36.3K-312.9K-2.5K0.28112.51138381,33927
2022-09-19$28.45$31.0029.5%8.5%27.4%14.3%30.3%5.0%-1.8%33.1K-276.3K-2.1K0.00110.262301,03315
2022-09-20$28.35$30.0032.9%9.4%27.3%19.5%0.0%9.7%-8.2%35.3K-302.2K-2.2K0.0099.43001,04615
2022-09-21$28.03$30.0032.1%9.2%24.8%18.4%0.0%4.7%-4.8%30.9K-248.8K-1.9K0.00131.41101,04615
2022-09-22$28.41$30.0028.4%8.1%25.7%12.6%28.4%4.3%-0.9%35.8K-424.8K-3.1K1.00143.95111,04715
2022-09-23$26.76$28.0031.4%9.0%31.7%17.2%30.1%-4.4%15.7%28.1K-251.7K-2.1K0.71114.90751,04815
2022-09-26$26.06$26.0056.8%16.3%32.2%56.2%57.5%14.7%-4.0%25.1K-323.7K-2.6K0.07125.1712391,04520
2022-09-27$26.30$26.0066.6%19.1%32.0%71.3%67.3%2.9%-15.8%28.9K-413.3K-3.1K0.07144.8212391,08620
2022-09-28$27.38$26.0044.5%12.7%36.1%37.3%42.5%16.0%-10.0%31.2K-336.8K-2.5K0.04121.3324691,08620
2022-09-29$27.05$26.0037.8%10.8%36.1%27.0%34.8%2.2%5.2%33.0K-359.2K-2.6K0.04107.2124691,07820
2022-09-30$27.11$26.0040.1%11.5%34.0%30.6%44.3%-0.3%-11.9%34.4K-512.9K-3.2K0.04144.3524691,07820