CCI Options History — April 2018

In April 2018, CCI traded between $101.21 and $110.03. ATM implied volatility averaged 22.2%, placing in the 60.6% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 3.4% (HV 20d: 25.6%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2018-04-19: Highest Volume — 13,653 contracts
  • 2018-04-10: Largest IV spike — 28.2% change
  • 2018-04-10: Highest IV Rank — 100.0%
  • 2018-04-10: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.50$101.21$110.03$108.92$101.21
Max Pain$104.52$100.00$110.00$105.00$100.00
ATM IV22.2%18.9%30.3%22.0%23.0%
Expected Move6.2%5.4%7.5%6.3%6.6%
HV 20d25.6%17.5%32.4%19.5%32.4%
HV 60d25.2%22.9%27.1%23.0%27.0%
IV Rank60.6%40.7%100.0%66.3%62.1%
IV Percentile82.1%52.8%100.0%86.1%90.1%
Term Structure-0.4%-3.0%1.7%0.4%-0.2%
VWIV22.0%19.0%26.7%23.2%22.0%
Skew 25d4.1%3.2%5.5%4.2%4.5%
Skew 10d9.3%7.1%12.6%9.1%8.6%
Call IV 25d20.6%17.8%24.8%21.4%20.8%
Put IV 25d24.7%22.0%29.5%25.6%25.3%
Bid-Ask Spread %39.6014.1481.7053.8622.51
Gamma HHI0.230.160.310.250.21
Net GEX3.9M-1.4M7.4M4.3M4.1M
Net DEX-30.2M-72.2M28.9M-48.7M3.6M
Net VEX-556.7K-621.6K-488.1K-548.9K-561.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.091.720.530.39
Total Volume4,830.2382,53813,6532,8333,257
Total OI41,43835,07154,07835,07147,185

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$108.92$105.0022.0%6.3%19.5%66.3%23.2%4.2%0.4%4.3M-48.7M-548.9K0.5353.861,84998420,55714,514
2018-04-03$107.35$105.0023.2%6.6%17.5%73.2%22.7%3.4%-0.3%3.6M-34.7M-535.7K0.4421.121,76677220,71914,707
2018-04-04$108.96$105.0020.3%5.8%18.3%56.0%24.4%3.3%0.6%4.8M-51.0M-529.9K0.4514.142,10994220,83914,863
2018-04-05$110.03$110.0021.8%5.8%18.5%64.7%19.8%3.5%-0.0%5.3M-62.0M-533.8K0.3819.522,26786520,67714,709
2018-04-06$108.11$110.0023.5%6.1%18.2%75.3%21.2%3.9%-1.0%4.3M-43.2M-528.4K0.4417.972,8861,27821,13214,749
2018-04-09$109.37$110.0023.6%6.1%18.4%76.0%22.3%5.5%-2.2%5.5M-58.5M-534.6K0.5174.552,4451,25021,65014,747
2018-04-10$103.71$110.0030.3%7.5%26.0%100.0%26.7%4.7%-3.0%1.6M-4.8M-488.1K1.3181.702,7043,54421,94214,848
2018-04-11$105.11$110.0023.2%6.7%26.6%63.2%23.2%3.2%-1.1%2.2M-14.6M-498.3K0.9237.824,2773,92422,25116,361
2018-04-12$104.01$105.0022.3%6.4%26.6%58.6%21.9%3.3%-1.0%569.1K3.8M-544.6K0.2362.734,21999024,27018,762
2018-04-13$103.49$105.0022.6%6.5%25.5%59.9%22.0%3.7%-0.9%41.6K9.8M-539.9K0.2633.293,54192124,34518,777
2018-04-16$104.65$105.0021.8%6.2%26.0%55.6%22.1%3.7%-0.3%893.9K-2.0M-526.4K0.6817.092,5101,69624,42218,817
2018-04-17$106.49$105.0022.4%6.4%26.7%59.2%22.2%3.5%-1.7%3.0M-28.4M-568.6K0.9320.522,1662,01624,92319,287
2018-04-18$106.91$105.0022.3%6.4%26.7%58.2%21.6%3.6%-1.5%3.6M-34.3M-576.3K1.2117.672,3762,88425,08019,259
2018-04-19$102.64$105.0021.6%6.2%30.0%55.0%22.6%5.1%0.1%-1.4M28.9M-522.0K0.0972.9912,5821,07125,20620,609
2018-04-20$102.77$100.0020.8%6.0%29.4%50.4%22.1%3.8%0.5%5.6M-11.2M-601.7K0.7039.512,5901,80833,27120,807
2018-04-23$104.87$100.0020.1%5.7%30.4%46.7%20.4%5.2%0.7%6.6M-63.7M-611.3K0.2436.194,12099325,70415,692
2018-04-24$105.02$100.0020.3%5.8%29.7%48.0%20.2%4.1%0.4%7.4M-72.2M-616.6K0.4170.944,0751,65926,59515,761
2018-04-25$105.20$100.0018.9%5.4%29.8%40.7%19.0%4.6%1.7%7.2M-71.9M-621.6K0.6046.252,2831,37826,98816,475
2018-04-26$105.32$100.0018.9%5.4%29.8%40.7%19.0%4.2%0.9%7.2M-71.7M-621.4K0.6715.541,8221,22427,15216,887
2018-04-27$101.28$100.0023.2%6.6%32.4%62.9%24.1%5.0%-0.0%5.0M-8.2M-580.6K1.7255.671,9803,41227,35617,303
2018-04-30$101.21$100.0023.0%6.6%32.4%62.1%22.0%4.5%-0.2%4.1M3.6M-561.6K0.3922.512,34990827,58519,600