CRAK Options History — March 2023

In March 2023, CRAK traded between $29.65 and $32.70. ATM implied volatility averaged 30.9%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 9.6% (HV 20d: 21.3%). Max pain ranged from $29.00 to $32.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 1.11.

Notable Days

2023-03-20: Highest Volume — 44 contracts
2023-03-21: Largest IV spike — 89.6% change
2023-03-13: Highest IV Rank — 82.6%
2023-03-30: Largest Expected Move — 13.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.20	$29.65	$32.70	$32.30	$31.77
Max Pain	$30.83	$29.00	$32.00	$29.00	$30.00
ATM IV	30.9%	17.8%	73.5%	18.4%	33.6%
Expected Move	7.8%	4.4%	13.0%	5.3%	9.6%
HV 20d	21.3%	18.0%	23.9%	21.3%	22.1%
HV 60d	20.5%	19.7%	21.5%	21.3%	19.9%
IV Rank	21.6%	2.9%	82.6%	3.7%	25.5%
IV Percentile	39.1%	3.6%	98.8%	3.6%	53.6%
Term Structure	-0.1%	-13.3%	28.8%	6.9%	12.9%
VWIV	18.9%	14.4%	24.1%	14.4%	15.6%
Skew 25d	4.6%	-5.8%	34.4%	-5.6%	-1.4%
Skew 10d	8.1%	-4.4%	81.6%	0.6%	5.5%
Call IV 25d	25.8%	13.2%	52.2%	26.7%	52.2%
Put IV 25d	30.4%	14.8%	55.0%	21.1%	50.9%
Bid-Ask Spread %	133.32	116.57	148.78	134.36	147.67
Gamma HHI	0.28	0.19	0.53	0.41	0.20
Net GEX	10.3K	723	33.2K	25.2K	2.2K
Net DEX	-69.5K	-199.5K	24.9K	-199.5K	-56.2K
Net VEX	-642	-809	-435	-531	-681
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.11	0.00	10.00	0.00	0.00
Total Volume	5.435	0	44	0	0
Total OI	170.565	102	231	188	117

Daily Data (23 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
2023-03-01	$32.30	$29.00	18.4%	5.3%	21.3%	3.7%	0.0%	-5.6%	6.9%	25.2K	-199.5K	-531	0.00	134.36	0	0	181	7
2023-03-02	$32.37	$29.00	17.9%	5.1%	21.3%	3.0%	0.0%	2.5%	-1.2%	32.1K	-184.1K	-482	0.00	116.57	0	0	181	7
2023-03-03	$32.70	$29.00	25.8%	7.4%	19.9%	14.2%	0.0%	34.4%	3.4%	33.2K	-196.2K	-465	0.00	137.80	0	0	181	7
2023-03-06	$32.60	$32.00	17.8%	4.4%	19.6%	2.9%	0.0%	1.6%	8.4%	32.4K	-193.6K	-435	0.00	117.38	0	40	176	7
2023-03-07	$32.16	$32.00	25.1%	5.7%	19.5%	13.3%	0.0%	9.2%	9.3%	18.7K	-144.1K	-809	0.00	128.48	0	0	176	47
2023-03-08	$31.88	$32.00	23.6%	4.6%	18.4%	11.1%	0.0%	0.2%	0.8%	19.2K	-100.4K	-718	0.00	130.35	2	0	175	47
2023-03-09	$31.45	$32.00	27.9%	6.1%	18.9%	17.3%	14.4%	0.6%	-11.0%	14.9K	-91.3K	-708	0.00	122.76	1	0	177	47
2023-03-10	$31.45	$32.00	49.8%	9.2%	18.8%	48.7%	0.0%	-3.0%	-13.3%	11.7K	-137.0K	-791	0.00	127.36	5	0	178	47
2023-03-13	$30.81	$32.00	73.5%	10.1%	18.1%	82.6%	0.0%	-0.6%	-2.8%	12.4K	-72.9K	-761	0.43	143.30	7	3	183	47
2023-03-14	$30.77	$32.00	33.3%	6.3%	18.0%	25.0%	21.4%	2.1%	-2.7%	6.1K	-16.3K	-629	0.67	130.40	3	2	177	50
2023-03-15	$29.65	$32.00	21.4%	6.1%	21.5%	8.0%	0.0%	5.3%	-0.8%	2.3K	24.9K	-603	0.00	125.66	3	0	180	51
2023-03-16	$30.07	$32.00	22.1%	6.3%	22.4%	9.0%	0.0%	7.1%	28.8%	2.4K	24.3K	-603	0.00	132.38	0	0	180	51
2023-03-17	$29.80	$32.00	25.7%	7.4%	22.4%	14.2%	0.0%	12.1%	-0.4%	3.5K	20.5K	-592	0.00	128.88	0	0	178	51
2023-03-20	$30.15	$32.00	22.1%	6.3%	22.9%	9.0%	24.1%	5.1%	2.3%	723	19.4K	-614	10.00	126.26	4	40	57	45
2023-03-21	$30.66	$30.00	41.9%	12.0%	23.9%	37.4%	15.6%	15.2%	-6.6%	2.4K	-8.9K	-657	0.00	148.78	3	0	61	45
2023-03-22	$30.80	$30.00	27.2%	7.8%	23.6%	16.4%	0.0%	3.1%	0.6%	2.5K	-6.7K	-649	0.00	134.18	10	0	62	45
2023-03-23	$30.51	$30.00	40.5%	11.6%	22.9%	35.4%	0.0%	1.8%	-5.9%	2.0K	-39.3K	-706	0.00	144.91	0	0	72	45
2023-03-24	$30.35	$30.00	29.5%	8.5%	22.5%	19.6%	0.0%	4.0%	-5.5%	2.9K	-24.0K	-649	0.00	138.85	0	0	72	45
2023-03-27	$30.88	$30.00	29.3%	8.4%	23.3%	19.3%	0.0%	13.5%	-6.9%	2.8K	-50.1K	-662	0.00	128.50	2	0	72	45
2023-03-28	$31.25	$30.00	30.1%	8.6%	23.6%	20.5%	0.0%	3.4%	-4.2%	3.1K	-46.7K	-655	0.00	140.91	0	0	72	45
2023-03-29	$31.39	$30.00	29.1%	8.3%	21.9%	19.0%	0.0%	-0.3%	-5.3%	2.6K	-55.4K	-667	0.00	135.93	0	0	72	45
2023-03-30	$31.81	$30.00	45.4%	13.0%	22.5%	42.3%	0.0%	-5.8%	-10.1%	2.6K	-65.2K	-688	0.00	144.61	0	0	72	45
2023-03-31	$31.77	$30.00	33.6%	9.6%	22.1%	25.5%	0.0%	-1.4%	12.9%	2.2K	-56.2K	-681	0.00	147.67	0	0	72	45