CCI Options History — June 2007

In June 2007, CCI traded between $34.08 and $37.47. ATM implied volatility averaged 20.6%. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 0.6% (HV 20d: 21.3%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.67.

Notable Days

  • 2007-06-27: Highest Volume — 8,312 contracts
  • 2007-06-06: Largest IV spike — 19.3% change
  • 2007-06-04: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.71$34.08$37.47$37.32$36.27
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV20.6%12.4%24.8%12.4%20.2%
Expected Move6.1%3.5%6.9%3.5%5.8%
HV 20d21.3%19.5%23.7%20.0%23.6%
HV 60d19.4%18.5%21.0%19.3%21.0%
Term Structure3.1%0.8%11.4%11.4%4.4%
VWIV21.3%20.2%22.5%21.1%20.2%
Skew 25d5.7%0.3%11.5%2.5%4.0%
Skew 10d9.9%-0.7%19.4%4.7%15.5%
Call IV 25d18.6%14.7%23.7%19.9%16.2%
Put IV 25d24.3%20.0%28.6%22.4%20.2%
Bid-Ask Spread %15.083.4129.824.013.41
Gamma HHI0.280.230.400.290.32
Net GEX31.6K-315.2K424.1K134.8K424.1K
Net DEX-9.9M-33.5M-3.2M-12.5M-33.5M
Net VEX-81.9K-121.7K-70.5K-75.6K-121.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.0011.331.060.16
Total Volume877.476318,3121301,245
Total OI20,975.23819,65928,83820,36828,838

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-06-01$37.32$35.0012.4%3.5%20.0%0.0%0.0%2.5%11.4%134.8K-12.5M-75.6K1.064.0163675,95314,415
2007-06-04$37.35$35.0014.7%6.9%20.0%0.0%0.0%2.9%0.8%142.8K-12.7M-74.7K0.0011.713105,97914,377
2007-06-05$37.47$35.0017.5%6.1%19.5%0.0%21.1%1.8%3.3%150.2K-13.3M-70.5K0.4613.841,0074655,99014,377
2007-06-06$36.73$35.0020.9%6.3%21.4%0.0%22.0%1.3%1.9%54.5K-10.3M-75.3K0.0910.123335,65714,226
2007-06-07$35.84$35.0023.5%6.6%22.1%0.0%21.0%4.6%2.6%-31.0K-7.9M-80.8K0.5729.824572625,66714,223
2007-06-08$35.63$35.0021.9%6.5%21.5%0.0%0.0%4.7%2.3%-52.1K-7.5M-82.7K1.4221.0836515,84014,340
2007-06-11$35.50$35.0024.8%6.2%21.1%0.0%21.8%3.9%2.9%-78.3K-6.8M-81.0K6.3620.78362295,74614,391
2007-06-12$35.24$35.0022.8%6.2%20.3%0.0%21.7%10.3%3.2%-171.3K-5.8M-80.6K3.2320.06601945,73314,529
2007-06-13$35.10$35.0021.4%6.4%20.4%0.0%22.2%3.4%2.3%-216.0K-5.4M-78.9K0.5920.07135795,67514,450
2007-06-14$35.16$35.0021.4%6.1%19.8%0.0%21.4%10.0%3.3%-315.2K-5.8M-79.5K0.4920.0159295,78514,464
2007-06-15$35.35$35.0020.8%6.0%19.6%0.0%20.8%11.3%3.3%-149.2K-7.3M-79.1K2.9421.73682005,81614,462
2007-06-18$36.37$35.0022.5%6.4%22.2%0.0%22.5%0.3%1.4%68.6K-8.7M-72.8K11.3320.91434875,54514,114
2007-06-19$35.96$35.0021.5%6.2%21.5%0.0%21.5%6.3%2.5%-21.0K-7.5M-75.7K0.648.2853345,55614,583
2007-06-20$35.32$35.0021.9%6.3%22.0%0.0%22.0%3.8%1.9%32.5K-6.2M-77.3K0.268.67162425,57014,207
2007-06-21$34.95$35.0020.5%5.9%22.1%0.0%20.5%11.3%2.9%36.9K-5.4M-78.5K0.8521.752372015,67414,203
2007-06-22$34.93$35.0020.4%5.9%20.8%0.0%20.4%11.5%2.9%52.8K-5.6M-80.2K0.0021.4623805,90514,382
2007-06-25$34.43$35.0021.3%6.1%21.2%0.0%21.3%9.7%2.1%64.9K-4.5M-79.4K0.938.1945426,10014,382
2007-06-26$34.08$35.0020.8%6.0%21.0%0.0%0.0%8.6%2.5%43.1K-3.2M-78.4K3.6110.31491776,10014,420
2007-06-27$35.00$35.0021.2%6.1%22.4%0.0%21.2%3.0%3.6%79.7K-5.8M-80.0K0.008.688,302106,12614,498
2007-06-28$35.83$35.0020.8%6.0%23.7%0.0%20.8%5.0%3.1%411.9K-32.2M-116.8K0.0611.833,30419213,67914,503
2007-06-29$36.27$35.0020.2%5.8%23.6%0.0%20.2%4.0%4.4%424.1K-33.5M-121.7K0.163.411,07217314,21514,623