CRAK Options History — August 2023

In August 2023, CRAK traded between $32.66 and $34.14. ATM implied volatility averaged 25.2%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 8.1% (HV 20d: 17.1%). Max pain ranged from $29.00 to $31.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.33.

Notable Days

  • 2023-08-09: Highest Volume — 206 contracts
  • 2023-08-31: Largest IV spike — 222.2% change
  • 2023-08-31: Highest IV Rank — 35.0%
  • 2023-08-31: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.43$32.66$34.14$33.10$33.63
Max Pain$30.83$29.00$31.00$29.00$31.00
ATM IV25.2%13.6%43.8%25.9%43.8%
Expected Move6.7%3.6%12.6%7.4%12.6%
HV 20d17.1%13.3%19.2%18.4%14.0%
HV 60d16.5%15.6%17.0%16.4%15.7%
IV Rank14.8%2.2%35.0%15.5%35.0%
IV Percentile39.9%1.6%85.7%46.8%85.7%
Term Structure-4.5%-23.1%20.7%-8.2%-14.1%
VWIV20.9%15.9%33.6%18.4%17.7%
Skew 25d5.2%-4.9%28.6%-0.3%20.0%
Skew 10d1.3%-10.3%15.8%0.2%15.8%
Call IV 25d20.3%16.1%29.1%29.1%27.5%
Put IV 25d25.4%12.0%47.5%28.8%47.5%
Bid-Ask Spread %129.72111.14149.22135.36145.80
Gamma HHI0.600.500.750.580.50
Net GEX45.4K30.5K64.9K51.6K30.5K
Net DEX-436.9K-564.6K-310.9K-501.3K-310.9K
Net VEX-1.3K-1.7K-773-1.7K-773
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.003.000.000.00
Total Volume19.957020600
Total OI414.522297486486297

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$33.10$29.0025.9%7.4%18.4%15.5%0.0%-0.3%-8.2%51.6K-501.3K-1.7K0.00135.360042462
2023-08-02$32.66$29.0017.2%4.9%18.9%6.1%0.0%-0.8%-5.3%46.3K-430.9K-1.5K0.00116.831042462
2023-08-03$32.77$31.0028.6%5.5%18.1%18.5%0.0%2.7%0.6%46.3K-441.4K-1.6K0.00130.150042362
2023-08-04$33.06$31.0037.1%3.7%17.2%27.7%18.4%-4.8%-0.7%49.6K-475.7K-1.6K0.00125.7911042362
2023-08-07$33.34$31.0018.1%3.6%17.3%7.1%18.8%-1.5%5.5%56.6K-506.4K-1.5K0.00111.1415041462
2023-08-08$33.27$31.0019.8%4.4%16.9%8.9%29.9%1.5%-2.2%47.8K-428.3K-1.4K3.00113.482641162
2023-08-09$33.89$31.0018.8%5.4%17.5%7.8%20.8%0.1%0.2%53.5K-562.3K-1.6K0.00124.38206041162
2023-08-10$33.86$31.0016.4%4.7%17.6%5.2%0.0%9.6%4.0%50.7K-548.7K-1.4K0.00111.8923035262
2023-08-11$34.14$31.0018.0%5.2%16.6%7.0%0.0%-3.6%2.4%48.1K-564.6K-1.4K0.00127.650034162
2023-08-14$33.70$31.0026.9%7.7%17.7%16.7%0.0%1.2%-23.1%37.6K-521.2K-1.4K0.00125.000034162
2023-08-15$33.09$31.0031.2%9.0%19.2%21.3%0.0%-3.6%-21.3%33.0K-400.8K-1.3K0.00133.100033762
2023-08-16$32.97$31.0018.9%5.4%19.1%8.0%0.0%-0.7%-5.2%37.1K-374.4K-1.1K0.00119.2801033762
2023-08-17$33.09$31.0020.1%5.8%19.0%9.2%20.6%-1.0%20.7%33.7K-398.9K-1.3K0.00130.258033762
2023-08-18$33.28$31.0029.9%8.6%19.1%19.9%0.0%12.5%-5.5%36.1K-425.2K-1.2K0.00143.800233962
2023-08-21$33.53$31.0028.2%8.1%17.9%18.0%33.6%-4.9%-15.3%35.4K-457.2K-1.3K0.00128.287032750
2023-08-22$33.48$31.0034.0%9.8%17.9%24.4%16.9%21.3%-16.2%39.2K-395.4K-1.2K0.00135.161032650
2023-08-23$33.39$31.0018.1%5.2%17.7%7.1%15.9%-0.2%-4.8%39.7K-339.4K-9651.00124.941132650
2023-08-24$33.23$31.0018.3%5.3%15.4%7.3%0.0%6.5%-1.8%38.8K-338.4K-1.0K0.00138.480732650
2023-08-25$33.61$31.0021.9%6.3%14.9%11.2%0.0%5.8%-1.4%50.0K-372.0K-1.0K0.00135.590032657
2023-08-28$33.86$31.0031.8%9.1%14.6%21.9%16.3%28.6%-3.3%53.5K-420.1K-1.0K0.00143.6510032657
2023-08-29$33.88$31.0042.4%12.1%14.4%33.4%0.0%25.2%-11.7%63.4K-398.9K-9200.00149.220033557
2023-08-30$33.97$31.0013.6%3.9%13.3%2.2%17.7%5.2%3.2%64.9K-436.2K-9600.00134.40148033557
2023-08-31$33.63$31.0043.8%12.6%14.0%35.0%0.0%20.0%-14.1%30.5K-310.9K-7730.00145.800024057