CRAK Options History — March 2024

In March 2024, CRAK traded between $35.67 and $38.34. ATM implied volatility averaged 38.5%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 24.2% (HV 20d: 14.3%). Max pain ranged from $33.00 to $34.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.04.

Notable Days

2024-03-07: Highest Volume — 100 contracts
2024-03-13: Largest IV drop — 68.8% change
2024-03-12: Highest IV Rank — 88.1%
2024-03-01: Largest Expected Move — 12.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.19	$35.67	$38.34	$35.97	$38.34
Max Pain	$33.65	$33.00	$34.00	$33.00	$34.00
ATM IV	38.5%	14.7%	92.7%	43.7%	24.2%
Expected Move	7.7%	4.2%	12.5%	12.5%	6.9%
HV 20d	14.3%	12.9%	15.2%	14.4%	13.0%
HV 60d	14.3%	13.5%	15.2%	15.0%	13.7%
IV Rank	29.2%	3.4%	88.1%	34.9%	13.7%
IV Percentile	72.0%	4.4%	99.6%	94.0%	57.5%
Term Structure	-0.4%	-18.9%	17.1%	-15.7%	12.3%
VWIV	20.4%	11.1%	49.8%	11.1%	14.9%
Skew 25d	1.9%	-0.1%	14.0%	0.8%	1.0%
Skew 10d	2.2%	-13.5%	13.0%	13.0%	2.1%
Call IV 25d	36.3%	21.0%	55.7%	55.7%	42.0%
Put IV 25d	38.1%	31.1%	56.5%	56.5%	43.0%
Bid-Ask Spread %	152.16	146.78	154.95	148.39	153.07
Gamma HHI	0.20	0.16	0.26	0.20	0.20
Net GEX	7.4K	2.8K	11.4K	2.8K	11.0K
Net DEX	-199.5K	-278.2K	-116.5K	-122.6K	-278.2K
Net VEX	-374	-497	-191	-279	-425
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.04	0.00	0.40	0.00	0.40
Total Volume	8.85	0	100	0	0
Total OI	109.1	73	134	94	113

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
2024-03-01	$35.97	$33.00	43.7%	12.5%	14.4%	34.9%	0.0%	0.8%	-15.7%	2.8K	-122.6K	-279	0.00	148.39	0	0	63	31
2024-03-04	$35.78	$34.00	48.8%	8.3%	14.3%	40.5%	0.0%	0.5%	-17.8%	2.9K	-118.5K	-264	0.00	154.86	0	0	63	31
2024-03-05	$35.67	$34.00	50.2%	8.2%	14.2%	42.0%	0.0%	0.9%	-17.8%	2.9K	-116.5K	-261	0.00	154.70	0	0	63	31
2024-03-06	$36.11	$34.00	53.2%	8.3%	14.3%	45.2%	0.0%	1.1%	-17.8%	2.8K	-124.7K	-252	0.00	154.55	0	0	63	31
2024-03-07	$36.61	$34.00	56.4%	8.1%	14.9%	48.7%	11.1%	14.0%	-5.3%	3.1K	-141.0K	-191	0.00	152.33	100	0	63	31
2024-03-08	$36.52	$34.00	57.2%	6.0%	15.0%	49.6%	13.4%	2.3%	9.4%	8.9K	-178.7K	-351	0.00	151.07	1	0	102	31
2024-03-11	$36.30	$34.00	74.3%	8.9%	15.1%	68.1%	0.0%	1.4%	-18.9%	7.8K	-177.1K	-344	0.00	154.95	2	0	103	31
2024-03-12	$36.56	$34.00	92.7%	8.6%	15.2%	88.1%	0.0%	1.1%	-5.6%	7.8K	-187.1K	-353	0.00	154.28	0	0	103	31
2024-03-13	$37.09	$34.00	29.0%	8.3%	14.1%	18.9%	0.0%	1.1%	-6.4%	7.1K	-205.9K	-428	0.00	152.32	1	0	103	31
2024-03-14	$37.08	$34.00	29.4%	8.4%	13.4%	19.3%	49.8%	0.7%	-4.0%	7.0K	-206.6K	-415	0.00	153.49	6	0	103	31
2024-03-15	$37.81	$33.00	29.9%	8.6%	14.5%	19.9%	0.0%	1.3%	-4.2%	6.7K	-239.3K	-400	0.00	150.58	0	0	101	31
2024-03-18	$37.70	$33.00	14.7%	4.2%	14.6%	3.4%	15.7%	1.5%	10.5%	8.9K	-156.4K	-383	0.00	146.78	20	0	72	1
2024-03-19	$38.03	$33.00	23.7%	6.8%	14.1%	13.2%	13.6%	1.7%	9.1%	7.2K	-207.8K	-424	0.00	149.42	11	0	85	1
2024-03-20	$38.31	$33.00	22.5%	6.4%	14.1%	11.8%	35.6%	0.4%	10.0%	8.8K	-245.0K	-431	0.00	152.17	2	0	96	1
2024-03-21	$38.03	$33.00	23.4%	6.7%	14.6%	12.8%	11.1%	-0.1%	10.4%	9.1K	-236.5K	-440	0.00	150.56	26	0	96	1
2024-03-22	$37.95	$33.00	24.4%	7.0%	14.6%	13.9%	18.3%	0.5%	8.7%	10.8K	-260.2K	-489	0.00	151.40	0	1	107	2
2024-03-25	$38.06	$34.00	24.5%	7.0%	14.6%	14.0%	14.9%	2.7%	9.5%	11.4K	-263.5K	-357	0.40	149.67	5	2	107	3
2024-03-26	$37.84	$34.00	21.6%	6.2%	14.6%	10.8%	0.0%	2.3%	17.1%	11.2K	-260.0K	-497	0.00	153.82	0	0	110	3
2024-03-27	$38.01	$34.00	26.3%	7.5%	12.9%	15.9%	0.0%	2.6%	8.2%	10.7K	-264.6K	-492	0.00	154.75	0	0	110	3
2024-03-28	$38.34	$34.00	24.2%	6.9%	13.0%	13.7%	0.0%	1.0%	12.3%	11.0K	-278.2K	-425	0.00	153.07	0	0	110	3