CRAK Options History — May 2023

In May 2023, CRAK traded between $29.11 and $30.71. ATM implied volatility averaged 27.8%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 12.6% (HV 20d: 15.2%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-30: Highest Volume — 16 contracts
  • 2023-05-12: Largest IV spike — 103.1% change
  • 2023-05-05: Highest IV Rank — 55.4%
  • 2023-05-31: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.94$29.11$30.71$30.71$29.11
Max Pain$29.32$25.00$30.00$25.00$30.00
ATM IV27.8%16.3%54.5%20.1%53.6%
Expected Move7.6%4.7%15.4%5.7%15.4%
HV 20d15.2%13.9%17.7%17.7%14.5%
HV 60d19.1%18.0%20.0%19.8%18.4%
IV Rank17.2%0.7%55.4%6.1%54.2%
IV Percentile35.0%0.8%90.9%11.9%90.1%
Term Structure-3.0%-17.6%22.4%5.4%-17.6%
Skew 25d7.0%-3.6%35.1%9.0%35.1%
Skew 10d4.3%-4.6%14.3%7.7%4.6%
Call IV 25d23.0%15.3%45.9%17.4%30.1%
Put IV 25d30.0%16.5%65.2%26.4%65.2%
Bid-Ask Spread %125.16101.23149.19110.04148.43
Gamma HHI0.270.200.380.230.20
Net GEX1.4K-8562.6K2.5K1.3K
Net DEX765-38.0K34.3K-38.0K5.2K
Net VEX-518-612-427-573-592
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.95501670
Total OI140.818133149135149

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$30.71$25.0020.1%5.7%17.7%6.1%0.0%9.0%5.4%2.5K-38.0K-5730.00110.04078847
2023-05-02$30.18$25.0028.9%8.3%16.4%18.7%0.0%-1.4%-3.4%2.0K-22.6K-6110.00136.54008854
2023-05-03$29.92$25.0036.7%10.5%15.2%30.0%0.0%1.1%-10.7%2.1K-22.5K-6120.00138.63008854
2023-05-04$29.57$30.0033.6%8.9%14.6%25.4%0.0%10.1%-14.4%1.2K-1.9K-5630.00133.79008854
2023-05-05$30.02$30.0054.5%10.9%15.9%55.4%0.0%2.4%-10.9%1.1K-22.0K-6010.00148.65008854
2023-05-08$30.13$30.0027.5%6.0%15.5%16.7%0.0%6.5%-6.5%1.8K-14.5K-5340.00119.55408854
2023-05-09$30.01$30.0035.7%8.4%14.5%28.5%0.0%11.8%-5.3%2.2K-16.3K-5850.00129.21008854
2023-05-10$30.27$30.0022.9%6.6%15.1%10.2%0.0%5.0%0.0%2.1K-7.6K-5090.00101.23008854
2023-05-11$30.04$30.0019.4%5.6%14.9%5.1%0.0%1.0%1.8%1.7K579-4820.00130.24008854
2023-05-12$29.77$30.0039.4%11.3%15.0%33.7%0.0%1.0%-10.7%1.1K-10.4K-5440.00149.19508854
2023-05-15$29.88$30.0025.9%7.4%15.1%14.4%0.0%8.7%-9.1%2.0K-3.0K-5020.00111.28109154
2023-05-16$29.57$30.0018.6%5.3%15.1%4.0%0.0%-1.1%12.6%1.7K273-5250.00135.34609254
2023-05-17$30.05$30.0021.1%6.1%16.2%7.6%0.0%7.2%-1.0%2.0K926-4730.00111.78009554
2023-05-18$29.99$30.0021.9%6.3%16.0%8.8%0.0%5.1%22.4%2.6K-3.6K-5170.00107.00009554
2023-05-19$29.83$30.0016.3%4.7%16.1%0.7%0.0%21.4%0.6%2.4K219-4990.00121.69409554
2023-05-22$30.02$30.0016.6%4.8%15.9%1.2%0.0%1.2%0.1%-85634.3K-4270.00120.23008152
2023-05-23$29.98$30.0021.3%6.1%14.1%7.9%0.0%2.6%-3.1%27722.4K-4410.00121.78008152
2023-05-24$30.08$30.0021.6%6.2%14.2%8.3%0.0%10.6%-4.0%50524.8K-4670.00113.40008152
2023-05-25$29.88$30.0021.6%6.2%13.9%8.2%0.0%5.9%0.3%45429.2K-4570.00124.17008152
2023-05-26$29.95$30.0021.1%6.0%14.0%7.5%0.0%-3.6%1.1%40828.7K-4460.00109.25008152
2023-05-30$29.66$30.0033.3%9.6%14.3%25.1%0.0%13.2%-13.7%23632.8K-4410.00132.201608152
2023-05-31$29.11$30.0053.6%15.4%14.5%54.2%0.0%35.1%-17.6%1.3K5.2K-5920.00148.43009752