CRAK Options History — August 2024

In August 2024, CRAK traded between $33.45 and $35.87. ATM implied volatility averaged 32.9%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 12.8% (HV 20d: 20.1%). Max pain ranged from $35.00 to $38.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 12.33.

Notable Days

  • 2024-08-01: Highest Volume — 162 contracts
  • 2024-08-29: Largest IV spike — 282.1% change
  • 2024-08-06: Highest IV Rank — 100.0%
  • 2024-08-06: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.97$33.45$35.87$35.08$35.64
Max Pain$37.73$35.00$38.00$35.00$38.00
ATM IV32.9%8.9%103.1%31.9%37.2%
Expected Move7.3%2.6%14.6%9.1%10.7%
HV 20d20.1%15.8%21.7%15.8%16.9%
HV 60d15.8%14.2%16.3%14.2%15.2%
IV Rank25.2%0.0%100.0%23.8%30.0%
IV Percentile45.3%0.0%100.0%65.9%78.6%
Term Structure1.2%-22.6%29.5%-12.7%-9.5%
VWIV21.9%20.9%23.5%23.5%20.9%
Skew 25d3.4%-14.0%25.8%-0.9%11.8%
Skew 10d4.1%-1.8%41.9%1.1%2.8%
Call IV 25d35.8%12.1%65.4%47.6%27.2%
Put IV 25d39.2%19.1%68.6%46.7%39.0%
Bid-Ask Spread %153.33148.92171.66164.55150.97
Gamma HHI0.360.290.550.550.33
Net GEX-15.9K-21.2K-3.2K-3.2K-20.2K
Net DEX270.1K88.1K340.1K88.1K256.6K
Net VEX-1.4K-1.6K-280-280-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.330.0080.0080.003.00
Total Volume9.04501621620
Total OI219.5915623656236

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$35.08$35.0031.9%9.1%15.8%23.8%23.5%-0.9%-12.7%-3.2K88.1K-28080.00164.5521601343
2024-08-02$34.33$35.0047.2%13.5%17.2%43.1%0.0%0.5%-18.4%-16.2K296.0K-1.6K0.00171.660015203
2024-08-05$33.45$38.0077.1%12.7%19.0%80.6%0.0%1.9%-16.8%-13.0K308.5K-1.5K0.33152.033115203
2024-08-06$33.84$38.00103.1%14.6%19.4%100.0%0.0%3.2%-22.6%-11.6K289.3K-1.6K5.00156.941518204
2024-08-07$33.74$38.0054.7%8.6%19.3%46.4%21.2%3.1%-6.5%-14.5K340.1K-1.5K0.00149.711018204
2024-08-08$34.42$38.0086.6%12.6%20.7%81.7%20.9%2.1%-12.1%-15.3K332.0K-1.5K0.00154.065018204
2024-08-09$34.56$38.0015.0%4.2%20.7%2.4%0.0%1.2%6.9%-13.7K285.6K-1.4K0.00152.780023204
2024-08-12$34.63$38.0016.4%3.6%20.7%4.0%0.0%1.7%8.5%-12.5K288.1K-1.4K0.00153.460023204
2024-08-13$34.89$38.0016.7%3.6%20.9%4.3%0.0%0.4%13.6%-17.0K322.6K-1.4K0.00151.800023204
2024-08-14$34.89$38.009.5%2.7%20.8%0.0%0.0%-3.0%16.4%-10.6K323.5K-1.4K0.00152.330023204
2024-08-15$35.30$38.0011.9%3.4%20.9%2.6%0.0%1.5%29.5%-15.5K272.5K-1.5K0.00153.220023204
2024-08-16$35.50$38.008.9%2.6%20.6%0.0%0.0%1.8%19.7%-20.3K243.8K-1.4K0.33152.313123204
2024-08-19$35.87$38.0031.2%9.0%20.8%23.7%0.0%-1.7%-14.6%-19.7K236.1K-1.4K0.00151.240022199
2024-08-20$35.23$38.0010.0%2.9%21.5%1.1%0.0%-14.0%18.0%-15.3K262.8K-1.3K10.00149.7811022199
2024-08-21$35.25$38.0010.0%2.9%21.5%1.2%0.0%1.5%19.6%-21.2K252.8K-1.5K0.00154.180223209
2024-08-22$35.04$38.0010.6%3.0%21.3%1.8%0.0%-6.6%17.6%-11.7K311.6K-1.5K0.00152.890023210
2024-08-23$35.55$38.0032.9%9.4%21.7%25.4%0.0%1.4%-6.6%-20.0K254.5K-1.5K0.00151.510023210
2024-08-26$35.51$38.0033.1%9.5%21.7%25.7%0.0%10.0%-7.2%-19.1K236.2K-1.4K0.00149.690023210
2024-08-27$35.59$38.0035.1%10.1%21.7%27.8%0.0%15.2%-7.7%-18.6K218.7K-1.3K0.00149.050023210
2024-08-28$35.41$38.009.4%2.7%21.0%0.6%0.0%25.8%20.0%-20.0K265.9K-1.4K3.00150.151323210
2024-08-29$35.64$38.0036.0%10.3%18.8%28.7%0.0%18.3%-8.9%-19.9K256.0K-1.4K0.00148.920023213
2024-08-30$35.64$38.0037.2%10.7%16.9%30.0%0.0%11.8%-9.5%-20.2K256.6K-1.4K0.00150.970023213