CRAK Options History — April 2025

In April 2025, CRAK traded between $24.40 and $28.82. ATM implied volatility averaged 56.4%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 15.2% (HV 20d: 41.2%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.83.

Notable Days

2025-04-14: Highest Volume — 8 contracts
2025-04-28: Largest IV spike — 183.8% change
2025-04-07: Highest IV Rank — 100.0%
2025-04-07: Largest Expected Move — 21.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.63	$24.40	$28.82	$28.82	$27.83
Max Pain	$27.00	$27.00	$27.00	$27.00	$27.00
ATM IV	56.4%	18.4%	140.9%	48.7%	57.4%
Expected Move	13.2%	5.3%	21.4%	9.6%	16.5%
HV 20d	41.2%	15.2%	48.6%	15.4%	48.6%
HV 60d	27.2%	15.1%	30.6%	15.3%	30.5%
IV Rank	36.7%	7.2%	100.0%	32.4%	36.8%
IV Percentile	64.7%	6.0%	100.0%	69.4%	82.1%
Term Structure	-13.1%	-37.2%	21.4%	-14.9%	-37.2%
VWIV	30.5%	24.4%	36.7%	24.4%	36.7%
Skew 25d	0.5%	-34.7%	21.8%	0.1%	-34.7%
Skew 10d	-0.2%	-20.8%	8.2%	6.5%	-1.3%
Call IV 25d	55.2%	37.6%	90.2%	66.2%	58.3%
Put IV 25d	55.7%	23.6%	90.0%	66.3%	23.6%
Bid-Ask Spread %	163.68	153.76	182.95	176.65	165.86
Gamma HHI	0.35	0.28	0.45	0.30	0.45
Net GEX	13.4K	6.3K	31.1K	31.1K	10.4K
Net DEX	-135.5K	-323.7K	-36.4K	-323.7K	-65.9K
Net VEX	-1.1K	-1.9K	-622	-1.9K	-800
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.00	1.67	1.67	0.00
Total Volume	0.857	0	8	0	0
Total OI	501.81	426	553	549	427

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	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-04-01	$28.82	$0.00	48.7%	9.6%	15.4%	32.4%	0.0%	0.1%	-14.9%	31.1K	-323.7K	-1.9K	0.00	176.65	0	0	538	11
2025-04-02	$28.81	$0.00	50.3%	9.5%	15.2%	33.7%	0.0%	0.8%	-4.1%	30.8K	-320.2K	-1.9K	0.00	177.41	0	0	538	11
2025-04-03	$27.09	$0.00	82.0%	14.8%	27.0%	59.4%	0.0%	-4.4%	-7.3%	20.7K	-289.1K	-1.8K	0.00	182.95	0	0	538	11
2025-04-04	$25.55	$0.00	95.7%	16.7%	32.6%	70.6%	0.0%	-5.0%	-11.5%	14.8K	-180.5K	-1.4K	0.00	166.35	0	6	538	11
2025-04-07	$24.88	$0.00	140.9%	21.4%	33.4%	100.0%	24.4%	-0.3%	-20.9%	13.8K	-234.4K	-1.6K	0.00	158.57	0	2	538	5
2025-04-08	$24.40	$27.00	106.7%	14.8%	33.6%	74.1%	0.0%	21.8%	-3.8%	11.6K	-132.7K	-1.1K	0.00	155.52	0	0	538	7
2025-04-09	$26.34	$27.00	68.2%	19.5%	44.7%	44.9%	36.7%	-5.8%	-20.1%	16.2K	-255.6K	-1.4K	0.00	161.61	0	1	538	7
2025-04-10	$25.31	$27.00	63.8%	18.3%	46.5%	41.6%	0.0%	8.5%	-15.9%	14.7K	-204.4K	-1.4K	0.00	160.01	0	0	538	7
2025-04-11	$25.89	$27.00	44.6%	12.8%	46.8%	27.1%	0.0%	6.9%	-8.9%	15.4K	-146.1K	-1.2K	0.00	153.76	0	0	538	7
2025-04-14	$26.12	$27.00	45.6%	13.1%	46.2%	27.8%	0.0%	7.8%	-25.9%	12.4K	-97.7K	-778	1.67	154.95	3	5	538	7
2025-04-15	$25.89	$27.00	45.7%	13.1%	46.1%	27.9%	0.0%	2.7%	-27.2%	10.9K	-80.1K	-652	0.00	160.66	0	0	541	12
2025-04-16	$25.84	$27.00	47.3%	13.6%	46.0%	29.1%	0.0%	14.0%	-27.7%	11.5K	-84.2K	-678	0.00	158.36	0	0	541	12
2025-04-17	$26.42	$27.00	48.8%	14.0%	47.2%	30.2%	0.0%	12.0%	-28.8%	6.3K	-36.4K	-631	0.00	160.69	0	0	541	12
2025-04-21	$26.21	$27.00	52.4%	15.0%	47.0%	33.0%	0.0%	16.7%	-32.6%	6.4K	-38.7K	-622	0.00	161.58	1	0	414	12
2025-04-22	$26.82	$27.00	19.8%	5.7%	47.8%	8.3%	0.0%	4.6%	18.4%	8.3K	-57.3K	-814	0.00	161.65	0	0	415	12
2025-04-23	$27.02	$27.00	21.1%	6.1%	48.0%	9.3%	0.0%	2.8%	21.4%	9.1K	-60.9K	-753	0.00	161.58	0	0	415	12
2025-04-24	$27.21	$27.00	18.4%	5.3%	48.1%	7.2%	0.0%	-9.0%	19.2%	8.3K	-54.6K	-710	0.00	163.37	0	0	415	12
2025-04-25	$27.33	$27.00	19.0%	5.4%	48.2%	7.6%	0.0%	-11.8%	19.9%	8.5K	-52.9K	-713	0.00	164.07	0	0	415	12
2025-04-28	$27.53	$27.00	53.8%	15.4%	48.3%	34.1%	0.0%	-19.3%	-31.8%	9.4K	-60.6K	-718	0.00	164.13	0	0	415	12
2025-04-29	$27.91	$27.00	55.1%	15.8%	48.6%	35.1%	0.0%	2.7%	-34.6%	11.3K	-70.4K	-826	0.00	167.62	0	0	415	12
2025-04-30	$27.83	$27.00	57.4%	16.5%	48.6%	36.8%	0.0%	-34.7%	-37.2%	10.4K	-65.9K	-800	0.00	165.86	0	0	415	12