CRAK Options History — December 2023

In December 2023, CRAK traded between $34.03 and $35.38. ATM implied volatility averaged 30.0%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 13.4% (HV 20d: 16.6%). Max pain ranged from $29.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2023-12-15: Highest Volume — 10 contracts
2023-12-06: Largest IV spike — 73.6% change
2023-12-11: Highest IV Rank — 55.3%
2023-12-08: Largest Expected Move — 9.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.51	$34.03	$35.38	$35.12	$34.23
Max Pain	$32.75	$29.00	$35.00	$29.00	$32.00
ATM IV	30.0%	17.0%	62.4%	24.6%	25.9%
Expected Move	7.4%	4.9%	9.6%	7.0%	7.4%
HV 20d	16.6%	12.8%	19.1%	18.7%	16.8%
HV 60d	17.9%	16.3%	19.2%	17.9%	16.3%
IV Rank	20.0%	5.9%	55.3%	14.1%	15.6%
IV Percentile	64.7%	11.9%	98.8%	58.7%	65.1%
Term Structure	-2.6%	-16.7%	16.4%	-0.3%	-4.3%
VWIV	36.2%	10.5%	54.1%	54.1%	44.0%
Skew 25d	2.9%	-6.5%	14.2%	1.9%	2.5%
Skew 10d	-0.4%	-26.4%	11.0%	0.4%	-0.5%
Call IV 25d	21.4%	11.6%	37.9%	29.5%	26.8%
Put IV 25d	24.3%	16.1%	46.9%	31.4%	29.3%
Bid-Ask Spread %	145.71	130.80	153.69	138.06	145.21
Gamma HHI	0.34	0.23	0.51	0.33	0.29
Net GEX	9.1K	2.4K	16.5K	12.5K	2.8K
Net DEX	-241.5K	-463.6K	-64.6K	-463.6K	-72.0K
Net VEX	-172	-343	-120	-220	-139
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	1.3	0	10	4	0
Total OI	127.15	55	210	197	55

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	Spread %	Call Vol	Call OI	Put OI
2023-12-01	$35.12	$29.00	24.6%	7.0%	18.7%	14.1%	54.1%	1.9%	-0.3%	12.5K	-463.6K	-220	138.06	4	177	20
2023-12-04	$34.83	$35.00	36.1%	9.5%	19.1%	26.7%	0.0%	0.9%	-11.7%	14.8K	-450.9K	-182	147.43	0	177	20
2023-12-05	$34.66	$35.00	20.4%	8.3%	19.1%	9.6%	0.0%	1.1%	-3.8%	13.8K	-438.0K	-198	146.32	0	177	20
2023-12-06	$34.28	$35.00	35.5%	6.8%	16.9%	26.0%	0.0%	0.8%	-8.9%	13.9K	-406.7K	-343	150.89	0	177	20
2023-12-07	$34.23	$35.00	36.4%	9.4%	16.3%	27.0%	0.0%	14.2%	-4.9%	11.6K	-414.8K	-208	153.69	0	177	20
2023-12-08	$34.42	$35.00	44.6%	9.6%	16.0%	35.8%	0.0%	1.8%	-7.1%	15.1K	-421.0K	-260	153.62	0	177	30
2023-12-11	$34.53	$35.00	62.4%	6.2%	15.3%	55.3%	10.5%	12.7%	4.3%	12.2K	-430.0K	-174	146.64	4	177	30
2023-12-12	$34.24	$32.00	49.4%	8.5%	15.6%	41.0%	0.0%	13.7%	-4.7%	14.3K	-420.4K	-173	150.29	0	180	30
2023-12-13	$34.74	$32.00	28.5%	8.2%	12.8%	18.3%	0.0%	9.3%	-4.6%	15.4K	-264.3K	-141	151.82	0	127	30
2023-12-14	$35.38	$32.00	24.7%	7.1%	14.2%	14.3%	0.0%	6.6%	13.7%	16.1K	-252.6K	-123	151.25	6	114	30
2023-12-15	$35.04	$32.00	27.1%	7.8%	13.8%	16.9%	44.0%	-0.8%	9.6%	16.5K	-210.8K	-120	142.87	10	108	30
2023-12-18	$34.03	$32.00	25.2%	7.2%	16.8%	14.8%	0.0%	3.5%	-2.2%	2.4K	-64.6K	-192	151.74	0	37	18
2023-12-19	$34.48	$32.00	23.6%	6.8%	17.2%	13.0%	0.0%	3.0%	-7.2%	2.8K	-72.5K	-144	130.80	2	37	18
2023-12-20	$34.25	$32.00	21.7%	6.2%	17.3%	11.0%	0.0%	-4.2%	-6.0%	3.0K	-72.8K	-140	145.98	0	37	18
2023-12-21	$34.30	$32.00	18.3%	5.2%	17.4%	7.2%	0.0%	1.0%	-0.1%	3.1K	-75.9K	-126	140.80	0	37	18
2023-12-22	$34.26	$32.00	28.4%	8.1%	17.3%	18.3%	0.0%	-5.7%	-16.7%	2.6K	-72.5K	-149	141.65	0	37	18
2023-12-26	$34.47	$32.00	26.6%	7.6%	17.5%	16.3%	0.0%	0.6%	-5.9%	2.7K	-74.2K	-136	150.13	0	37	18
2023-12-27	$34.48	$32.00	23.2%	6.6%	17.1%	12.6%	0.0%	-6.5%	-7.4%	2.9K	-77.2K	-133	138.16	0	37	18
2023-12-28	$34.31	$32.00	17.0%	4.9%	16.8%	5.9%	0.0%	0.7%	16.4%	3.0K	-74.7K	-135	136.93	0	37	18
2023-12-29	$34.23	$32.00	25.9%	7.4%	16.8%	15.6%	0.0%	2.5%	-4.3%	2.8K	-72.0K	-139	145.21	0	37	18