CRAK Options History — May 2024

In May 2024, CRAK traded between $35.64 and $37.27. ATM implied volatility averaged 38.8%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 21.0% (HV 20d: 17.9%). Max pain ranged from $31.00 to $32.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-17: Highest Volume — 4 contracts
  • 2024-05-03: Largest IV spike — 116.2% change
  • 2024-05-14: Highest IV Rank — 77.6%
  • 2024-05-01: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.72$35.64$37.27$36.42$36.16
Max Pain$31.86$31.00$32.00$31.00$32.00
ATM IV38.8%12.8%83.0%41.6%30.0%
Expected Move8.3%3.7%11.9%11.9%8.6%
HV 20d17.9%15.5%21.9%20.8%15.5%
HV 60d17.0%16.5%17.5%17.0%17.5%
IV Rank29.6%1.3%77.6%32.6%20.0%
IV Percentile74.7%1.2%99.2%91.7%67.5%
Term Structure-4.5%-26.6%22.8%-26.6%5.4%
VWIV37.0%37.0%37.0%37.0%37.0%
Skew 25d11.7%-0.3%24.1%0.3%0.9%
Skew 10d6.9%-0.2%21.5%8.5%2.4%
Call IV 25d26.8%11.2%53.7%52.6%45.7%
Put IV 25d38.5%29.9%53.8%52.8%46.6%
Bid-Ask Spread %151.46139.54170.68169.90152.01
Gamma HHI0.240.200.340.220.27
Net GEX2.1K4917.2K3.2K764
Net DEX-30.8K-61.5K16.1K-27.8K4.0K
Net VEX-536-641-445-526-455
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2270400
Total OI127.727116136135116

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$36.42$31.0041.6%11.9%20.8%32.6%0.0%0.3%-26.6%3.2K-27.8K-5260.00169.90009045
2024-05-02$36.96$31.0012.8%3.7%21.9%1.3%0.0%0.0%0.0%1.4K-37.2K-5830.00163.46109045
2024-05-03$36.86$31.0027.7%7.9%20.1%17.5%0.0%0.2%-8.4%2.8K-54.8K-6410.00170.68009145
2024-05-06$37.06$32.0047.8%8.1%20.1%39.3%0.0%17.0%-5.7%2.8K-61.5K-6330.00147.05009145
2024-05-07$36.80$32.0048.7%8.0%19.6%40.3%0.0%16.8%-6.3%2.9K-49.8K-6090.00151.13009145
2024-05-08$36.70$32.0050.8%8.0%19.5%42.6%0.0%0.4%-6.3%3.0K-33.1K-4930.00148.05009145
2024-05-09$36.98$32.0053.8%8.0%19.6%45.9%0.0%18.2%-5.9%2.8K-57.6K-6090.00148.45009145
2024-05-10$36.83$32.0054.5%7.8%18.7%46.6%0.0%15.4%-6.1%2.7K-51.3K-5900.00148.90009145
2024-05-13$36.92$32.0072.0%8.1%18.7%65.7%0.0%18.4%-7.3%2.7K-53.7K-5710.00147.90009145
2024-05-14$37.05$32.0083.0%8.4%17.6%77.6%0.0%20.6%-7.2%2.9K-56.0K-5720.00151.15009145
2024-05-15$36.58$32.0028.6%8.2%18.0%18.5%0.0%0.8%-7.8%2.8K-28.4K-4630.00145.91009145
2024-05-16$36.48$32.0022.3%6.4%17.4%11.7%0.0%13.7%22.8%2.6K-39.1K-5450.00148.82009145
2024-05-17$37.19$32.0028.9%8.3%18.7%18.8%37.0%24.1%-4.3%7.2K-58.2K-5410.00145.46409145
2024-05-20$37.19$32.0030.8%8.8%15.9%20.8%0.0%21.1%-5.1%491-23.5K-5190.00139.54007145
2024-05-21$37.27$32.0033.0%9.5%15.8%23.2%0.0%21.6%-6.7%854-28.1K-5320.00152.04007145
2024-05-22$36.95$32.0031.6%9.1%15.7%21.8%0.0%19.2%-5.7%799-18.2K-5140.00147.84007145
2024-05-23$36.60$32.0031.7%9.1%15.9%21.8%0.0%11.5%-7.4%766-8.7K-5060.00151.10007145
2024-05-24$36.58$32.0032.6%9.3%15.9%22.8%0.0%12.1%-6.8%755-8.1K-5020.00151.96007145
2024-05-28$36.81$32.0034.4%9.9%16.0%24.8%0.0%14.3%-8.9%694-13.0K-4870.00150.94007145
2024-05-29$35.89$32.0028.1%8.1%15.8%17.9%0.0%-0.3%6.1%72911.2K-4530.00149.69007145
2024-05-30$35.64$32.0029.9%8.6%15.5%19.9%0.0%0.1%3.9%85216.1K-4450.00150.13007145
2024-05-31$36.16$32.0030.0%8.6%15.5%20.0%0.0%0.9%5.4%7644.0K-4550.00152.01007145