CRAK Options History — November 2022

In November 2022, CRAK traded between $30.49 and $33.49. ATM implied volatility averaged 33.6%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 8.8% (HV 20d: 24.7%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.33.

Notable Days

  • 2022-11-08: Highest Volume — 200 contracts
  • 2022-11-07: Largest IV spike — 136.4% change
  • 2022-11-07: Highest IV Rank — 77.7%
  • 2022-11-10: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.40$30.49$33.49$30.89$33.49
Max Pain$29.52$28.00$30.00$28.00$30.00
ATM IV33.6%21.2%71.0%45.5%28.5%
Expected Move8.7%6.1%13.4%13.0%8.2%
HV 20d24.7%22.4%27.0%23.6%26.3%
HV 60d30.7%29.8%31.6%29.9%30.4%
IV Rank20.5%1.5%77.7%38.7%12.7%
IV Percentile36.1%0.8%98.8%77.4%26.6%
Term Structure4.9%-22.4%30.8%-8.6%13.1%
VWIV26.2%15.6%39.0%34.4%15.6%
Skew 25d3.9%-15.2%28.6%1.0%14.9%
Skew 10d0.4%-24.6%31.2%-5.8%-2.6%
Call IV 25d23.6%15.4%42.6%25.7%15.4%
Put IV 25d27.5%17.0%49.4%26.7%30.2%
Bid-Ask Spread %119.47102.12140.45107.46137.99
Gamma HHI0.570.360.770.360.68
Net GEX101.7K67.3K152.3K67.3K130.9K
Net DEX-1.1M-1.4M-652.9K-652.9K-1.4M
Net VEX-2.7K-3.6K-1.7K-2.2K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.000.670.140.00
Total Volume134.8102001116
Total OI1,120.3811,0841,1421,0841,114

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$30.89$28.0045.5%13.0%23.6%38.7%34.4%1.0%-8.6%67.3K-652.9K-2.2K0.14107.4697141,06816
2022-11-02$30.49$28.0036.1%10.4%24.3%24.4%39.0%-8.9%-22.4%71.3K-730.9K-2.6K0.46134.7795441,09116
2022-11-03$30.94$29.0065.0%8.8%24.4%68.5%28.8%28.6%-0.4%69.9K-782.7K-3.1K0.46140.4595441,09145
2022-11-04$31.77$29.0030.0%7.7%24.3%15.0%25.2%-1.4%3.1%84.8K-906.3K-3.0K0.41102.12108441,09145
2022-11-07$32.17$29.0071.0%13.2%23.9%77.7%28.0%8.1%-11.8%95.3K-1.1M-3.2K0.32119.58138441,07845
2022-11-08$32.20$29.0027.9%7.1%22.4%11.8%23.6%1.8%7.4%93.8K-939.5K-2.5K0.28111.31156441,07745
2022-11-09$31.36$29.0028.2%8.1%25.3%12.2%22.6%-0.1%3.6%82.8K-850.0K-2.5K0.29109.52153441,09745
2022-11-10$32.20$29.0046.7%13.4%25.7%40.5%28.7%17.6%-7.5%115.4K-1.1M-2.9K0.36135.31121441,09645
2022-11-11$33.10$30.0023.2%6.6%23.7%4.6%21.3%1.9%-0.9%110.5K-1.2M-2.9K0.34106.81131441,09245
2022-11-14$32.82$30.0030.8%8.8%23.5%16.3%27.0%-0.5%1.0%101.9K-1.3M-3.5K0.36109.69121441,09345
2022-11-15$33.24$30.0025.4%7.3%23.3%8.0%24.5%12.7%9.5%118.8K-1.4M-3.3K0.34114.23129441,08945
2022-11-16$32.71$30.0023.3%6.7%24.4%4.8%20.7%6.7%14.6%108.7K-1.2M-3.0K0.34109.45130441,08245
2022-11-17$32.45$30.0024.8%7.1%24.7%7.0%22.1%-3.6%16.1%98.4K-1.0M-2.6K0.34128.56130441,07345
2022-11-18$32.54$30.0042.4%12.2%23.9%34.0%34.2%-15.2%15.3%72.5K-1.3M-3.6K0.34129.73130441,07345
2022-11-21$32.19$30.0031.7%9.1%24.4%17.5%29.1%3.4%-8.3%90.1K-948.8K-2.4K0.39114.49114441,05745
2022-11-22$33.20$30.0021.2%6.1%26.0%1.5%21.5%0.3%4.3%109.1K-1.2M-2.0K0.35109.33124441,05345
2022-11-23$33.20$30.0025.4%7.3%25.8%8.0%27.0%4.7%30.8%115.7K-1.3M-2.0K0.34121.30129441,06745
2022-11-25$33.48$30.0026.0%7.4%25.8%8.9%0.0%10.6%23.1%152.3K-1.2M-2.1K0.00138.49001,06745
2022-11-28$32.91$30.0023.0%6.6%27.0%4.3%17.9%2.8%19.9%117.7K-1.0M-1.7K0.67111.75321,06745
2022-11-29$33.15$30.0029.0%8.3%26.9%13.5%32.1%-2.3%1.1%128.6K-1.2M-2.2K0.00116.44101,06847
2022-11-30$33.49$30.0028.5%8.2%26.3%12.7%15.6%14.9%13.1%130.9K-1.4M-2.5K0.00137.99601,06747