CRAK Options History — November 2023

In November 2023, CRAK traded between $32.80 and $35.23. ATM implied volatility averaged 22.9%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 5.5% (HV 20d: 17.4%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2023-11-14: Highest Volume — 48 contracts
2023-11-14: Largest IV spike — 108.2% change
2023-11-24: Highest IV Rank — 28.0%
2023-11-24: Largest Expected Move — 10.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.28	$32.80	$35.23	$33.62	$34.89
Max Pain	$29.05	$29.00	$30.00	$30.00	$29.00
ATM IV	22.9%	14.6%	37.3%	23.3%	22.0%
Expected Move	6.2%	4.2%	10.7%	6.7%	6.3%
HV 20d	17.4%	13.1%	19.6%	13.1%	19.0%
HV 60d	17.4%	16.2%	18.3%	16.5%	18.0%
IV Rank	12.2%	3.3%	28.0%	12.7%	11.3%
IV Percentile	42.3%	3.2%	88.1%	50.4%	48.0%
Term Structure	0.1%	-15.5%	24.7%	8.7%	-3.7%
VWIV	24.4%	17.9%	37.2%	21.4%	25.4%
Skew 25d	1.8%	-8.6%	11.0%	7.1%	-6.0%
Skew 10d	0.3%	-9.6%	10.3%	0.3%	1.0%
Call IV 25d	18.9%	12.9%	31.1%	16.0%	31.1%
Put IV 25d	20.7%	13.8%	33.2%	23.1%	25.1%
Bid-Ask Spread %	127.62	99.33	140.13	136.03	123.41
Gamma HHI	0.29	0.22	0.40	0.25	0.39
Net GEX	14.3K	10.4K	17.5K	15.0K	13.8K
Net DEX	-413.1K	-466.8K	-310.5K	-378.3K	-452.3K
Net VEX	-444	-696	-205	-607	-221
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	4.476	0	48	0	2
Total OI	196.143	189	199	199	197

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Call OI	Put OI
2023-11-01	$33.62	$30.00	23.3%	6.7%	13.1%	12.7%	0.0%	7.1%	8.7%	15.0K	-378.3K	-607	136.03	0	178	21
2023-11-02	$34.00	$29.00	21.8%	6.2%	13.5%	11.0%	0.0%	-2.7%	-1.0%	16.3K	-411.6K	-539	130.67	0	178	21
2023-11-03	$34.12	$29.00	21.9%	5.2%	13.5%	11.2%	0.0%	6.5%	4.3%	15.6K	-409.0K	-613	126.36	21	178	21
2023-11-06	$34.30	$29.00	35.6%	6.7%	13.5%	26.1%	0.0%	3.1%	-13.0%	14.2K	-438.5K	-534	99.33	0	178	21
2023-11-07	$33.41	$29.00	35.1%	6.8%	15.6%	25.5%	0.0%	-7.6%	0.6%	15.1K	-359.3K	-619	124.00	0	178	21
2023-11-08	$33.03	$29.00	15.3%	4.4%	16.2%	4.0%	0.0%	0.5%	5.5%	17.5K	-352.7K	-581	109.30	0	178	21
2023-11-09	$32.80	$29.00	21.2%	6.1%	16.2%	10.5%	0.0%	3.0%	3.3%	15.3K	-310.5K	-672	137.98	0	178	21
2023-11-10	$33.27	$29.00	18.2%	5.2%	17.0%	7.1%	0.0%	1.7%	-7.3%	15.9K	-353.9K	-607	131.38	0	178	21
2023-11-13	$33.55	$29.00	14.7%	4.2%	16.1%	3.3%	21.4%	5.3%	1.6%	17.0K	-359.4K	-557	118.25	6	178	21
2023-11-14	$34.52	$29.00	30.6%	8.8%	19.1%	20.6%	37.2%	8.4%	-2.8%	13.7K	-424.6K	-599	139.63	48	178	21
2023-11-15	$34.71	$29.00	17.8%	5.1%	19.1%	6.7%	0.0%	9.2%	2.3%	11.7K	-457.1K	-277	136.15	0	175	21
2023-11-16	$34.26	$29.00	16.4%	4.7%	19.6%	5.2%	0.0%	-2.5%	24.7%	15.3K	-424.3K	-253	122.64	0	172	21
2023-11-17	$34.73	$29.00	23.3%	6.7%	19.6%	12.7%	0.0%	2.1%	5.9%	12.7K	-400.0K	-696	135.23	0	172	21
2023-11-20	$35.00	$29.00	19.3%	5.5%	19.4%	8.4%	17.9%	2.9%	-0.6%	13.7K	-441.7K	-315	121.03	7	169	20
2023-11-21	$34.88	$29.00	14.6%	4.2%	19.6%	3.3%	23.2%	-8.6%	5.6%	15.6K	-433.0K	-438	130.48	3	172	20
2023-11-22	$34.90	$29.00	20.8%	6.0%	19.0%	10.0%	0.0%	-0.6%	-9.5%	13.5K	-447.5K	-229	120.72	0	173	20
2023-11-24	$34.81	$29.00	37.3%	10.7%	19.0%	28.0%	0.0%	11.0%	-15.5%	10.4K	-441.5K	-299	140.13	0	173	20
2023-11-27	$34.91	$29.00	25.5%	7.3%	18.9%	15.1%	21.3%	-0.1%	-5.0%	12.4K	-458.4K	-241	129.69	5	173	20
2023-11-28	$35.23	$29.00	24.3%	7.0%	18.7%	13.8%	0.0%	3.3%	-0.7%	13.1K	-466.8K	-220	132.66	0	175	20
2023-11-29	$34.87	$29.00	21.3%	6.1%	19.3%	10.6%	0.0%	2.5%	-2.3%	13.5K	-453.9K	-205	135.01	2	175	20
2023-11-30	$34.89	$29.00	22.0%	6.3%	19.0%	11.3%	25.4%	-6.0%	-3.7%	13.8K	-452.3K	-221	123.41	2	177	20