CRAK Options History — July 2023

In July 2023, CRAK traded between $30.09 and $33.30. ATM implied volatility averaged 18.8%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 2.9% (HV 20d: 15.9%). Max pain ranged from $29.00 to $31.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.47.

Notable Days

2023-07-14: Highest Volume — 235 contracts
2023-07-13: Largest IV spike — 97.2% change
2023-07-14: Highest IV Rank — 27.3%
2023-07-14: Largest Expected Move — 10.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.76	$30.09	$33.30	$30.68	$33.30
Max Pain	$29.45	$29.00	$31.00	$29.00	$29.00
ATM IV	18.8%	11.6%	36.7%	16.1%	18.0%
Expected Move	5.2%	3.3%	10.5%	4.6%	5.2%
HV 20d	15.9%	14.0%	18.3%	14.0%	18.3%
HV 60d	16.0%	15.4%	16.7%	15.4%	16.5%
IV Rank	7.1%	0.0%	27.3%	2.4%	6.9%
IV Percentile	15.6%	0.0%	71.4%	1.2%	13.9%
Term Structure	2.8%	-1.3%	15.5%	3.0%	-0.0%
VWIV	18.2%	13.8%	24.1%	14.2%	21.7%
Skew 25d	2.0%	-16.7%	15.6%	-5.5%	-1.6%
Skew 10d	2.2%	-12.2%	25.6%	-12.2%	1.7%
Call IV 25d	17.5%	12.1%	39.4%	20.3%	18.3%
Put IV 25d	19.4%	11.8%	31.6%	14.8%	16.7%
Bid-Ask Spread %	125.62	110.83	148.20	129.15	116.71
Gamma HHI	0.37	0.18	0.59	0.18	0.59
Net GEX	26.4K	3.6K	56.8K	13.2K	56.8K
Net DEX	-290.1K	-565.1K	-22.0K	-112.6K	-548.7K
Net VEX	-1.4K	-2.1K	-849	-882	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.47	0.00	22.00	22.00	0.00
Total Volume	16.9	0	235	23	3
Total OI	384.9	216	513	216	486

Daily Data (20 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
2023-07-03	$30.68	$29.00	16.1%	4.6%	14.0%	2.4%	14.2%	-5.5%	3.0%	13.2K	-112.6K	-882	22.00	129.15	1	22	165	51
2023-07-05	$30.43	$30.00	22.4%	6.4%	14.3%	9.4%	0.0%	3.7%	15.5%	5.6K	-67.4K	-886	0.00	121.94	3	0	166	73
2023-07-06	$30.09	$31.00	17.4%	5.4%	14.5%	3.9%	13.8%	1.0%	3.2%	3.6K	-22.0K	-849	0.00	142.63	14	0	166	73
2023-07-07	$30.70	$31.00	19.4%	4.8%	15.6%	6.0%	16.7%	-0.1%	2.2%	9.3K	-91.7K	-975	0.00	122.92	1	0	184	73
2023-07-10	$30.73	$31.00	29.1%	5.3%	15.5%	16.9%	0.0%	1.1%	-1.3%	9.4K	-102.2K	-964	0.00	138.54	0	0	185	73
2023-07-11	$31.18	$31.00	16.9%	5.0%	16.4%	3.2%	19.3%	3.7%	1.7%	11.4K	-147.9K	-940	0.00	110.83	2	0	185	73
2023-07-12	$31.56	$29.00	11.6%	3.3%	16.8%	0.0%	0.0%	-0.3%	4.8%	12.7K	-203.1K	-889	0.00	118.77	8	0	186	73
2023-07-13	$31.70	$29.00	22.9%	6.6%	16.7%	12.3%	21.0%	3.0%	12.5%	10.7K	-185.9K	-994	0.11	148.20	9	1	193	73
2023-07-14	$31.29	$29.00	36.7%	10.5%	17.3%	27.3%	18.6%	-16.7%	-0.2%	9.7K	-162.5K	-1.1K	0.01	144.27	233	2	201	73
2023-07-17	$31.41	$29.00	16.3%	4.7%	16.8%	5.1%	18.0%	1.8%	0.9%	30.8K	-288.7K	-1.6K	0.00	119.38	12	0	434	73
2023-07-18	$31.66	$29.00	14.6%	4.2%	16.9%	3.2%	0.0%	4.7%	1.3%	37.3K	-366.5K	-1.7K	0.00	112.23	0	0	440	73
2023-07-19	$31.96	$29.00	16.3%	4.7%	15.6%	5.1%	24.1%	3.9%	-1.0%	39.3K	-430.0K	-1.8K	0.00	111.20	3	0	440	73
2023-07-20	$32.16	$29.00	12.7%	3.6%	15.6%	1.1%	0.0%	1.0%	10.8%	26.9K	-357.7K	-1.3K	0.00	135.68	0	0	437	73
2023-07-21	$32.16	$29.00	15.8%	4.5%	14.3%	4.6%	0.0%	2.0%	-0.3%	36.4K	-365.6K	-1.7K	0.00	116.05	0	0	417	73
2023-07-24	$32.83	$29.00	13.0%	3.7%	14.5%	1.5%	14.8%	2.1%	3.8%	47.3K	-465.2K	-1.8K	0.00	117.22	15	0	415	62
2023-07-25	$32.86	$29.00	20.9%	6.0%	14.6%	10.1%	0.0%	15.6%	1.3%	33.3K	-407.4K	-1.6K	0.00	131.31	4	0	420	62
2023-07-26	$33.17	$29.00	23.3%	6.7%	14.7%	12.7%	0.0%	13.5%	-0.6%	41.3K	-565.1K	-2.1K	0.00	143.38	1	0	422	62
2023-07-27	$32.40	$29.00	19.5%	5.6%	17.6%	8.6%	0.0%	2.2%	-0.8%	43.3K	-421.6K	-1.6K	0.00	118.81	3	0	422	62
2023-07-28	$32.93	$29.00	12.2%	3.5%	18.1%	0.6%	21.7%	4.1%	-1.2%	48.7K	-491.0K	-1.8K	0.00	113.27	0	1	424	62
2023-07-31	$33.30	$29.00	18.0%	5.2%	18.3%	6.9%	0.0%	-1.6%	-0.0%	56.8K	-548.7K	-1.7K	0.00	116.71	3	0	424	62