CCI Options History — October 2018

In October 2018, CCI traded between $103.85 and $111.12. ATM implied volatility averaged 20.7%, placing in the 47.4% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 2.2% (HV 20d: 18.4%). Max pain ranged from $110.00 to $110.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 3.62.

Notable Days

2018-10-18: Highest Volume — 16,008 contracts
2018-10-08: Largest IV spike — 17.8% change
2018-10-08: Highest IV Rank — 66.7%
2018-10-29: Largest Expected Move — 6.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$107.65	$103.85	$111.12	$110.64	$108.69
Max Pain	$110.00	$110.00	$110.00	$110.00	$110.00
ATM IV	20.7%	16.5%	24.2%	16.5%	22.4%
Expected Move	5.7%	4.7%	6.7%	4.7%	6.4%
HV 20d	18.4%	13.1%	26.6%	13.3%	26.5%
HV 60d	15.0%	13.1%	18.6%	13.3%	18.6%
IV Rank	47.4%	24.5%	66.7%	24.5%	56.6%
IV Percentile	68.3%	25.8%	94.8%	25.8%	86.1%
Term Structure	-1.2%	-2.5%	0.3%	0.1%	-1.6%
VWIV	20.0%	17.6%	25.0%	17.9%	22.8%
Skew 25d	2.6%	0.7%	3.6%	1.6%	0.7%
Skew 10d	5.1%	-1.0%	7.1%	1.9%	4.6%
Call IV 25d	19.1%	16.0%	23.2%	16.0%	23.0%
Put IV 25d	21.7%	17.6%	26.1%	17.6%	23.7%
Bid-Ask Spread %	27.90	11.39	88.14	12.21	88.14
Gamma HHI	0.23	0.16	0.41	0.34	0.18
Net GEX	-541.7K	-3.0M	2.5M	2.4M	773.8K
Net DEX	80.2M	34.7M	134.7M	34.7M	54.4M
Net VEX	-803.5K	-1.0M	-631.7K	-795.5K	-985.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.62	0.96	8.68	2.46	8.68
Total Volume	7,134.217	4,944	16,008	5,626	5,528
Total OI	60,029.522	53,513	73,429	53,513	65,997

Daily Data (23 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
2018-10-01	$110.64	$110.00	16.5%	4.7%	13.3%	24.5%	17.9%	1.6%	0.1%	2.4M	34.7M	-795.5K	2.46	12.21	1,624	4,002	22,974	30,539
2018-10-02	$109.64	$110.00	16.8%	4.8%	13.6%	26.3%	17.6%	1.4%	-0.2%	1.4M	50.7M	-756.3K	3.01	24.98	1,317	3,960	23,275	30,674
2018-10-03	$108.64	$110.00	17.7%	5.1%	13.7%	31.1%	18.0%	1.9%	-0.8%	129.2K	71.0M	-715.0K	2.87	12.02	1,437	4,122	23,342	30,717
2018-10-04	$108.32	$110.00	19.6%	5.0%	13.4%	41.4%	17.7%	2.8%	-0.6%	-79.8K	70.5M	-726.3K	3.13	11.47	1,263	3,953	23,308	30,809
2018-10-05	$108.71	$110.00	20.6%	5.1%	13.1%	46.7%	18.4%	1.9%	-0.5%	354.0K	64.8M	-727.4K	3.50	31.79	1,120	3,917	23,392	30,856
2018-10-08	$110.46	$110.00	24.2%	5.4%	14.6%	66.7%	18.9%	2.9%	-1.2%	2.0M	36.5M	-782.1K	3.50	12.42	1,707	5,966	23,506	30,901
2018-10-09	$111.12	$110.00	23.7%	5.4%	14.7%	63.8%	18.4%	2.7%	-1.2%	2.5M	42.1M	-827.0K	2.97	14.38	1,247	3,700	24,119	32,955
2018-10-10	$109.21	$110.00	20.3%	5.8%	15.9%	45.2%	19.9%	2.9%	-1.7%	489.3K	73.0M	-799.5K	2.89	17.99	1,270	3,674	24,281	33,069
2018-10-11	$105.90	$110.00	22.2%	6.4%	18.9%	55.7%	21.6%	3.0%	-2.3%	-2.0M	117.2M	-698.1K	6.18	25.35	1,405	8,676	24,133	33,175
2018-10-12	$104.81	$110.00	22.0%	6.3%	18.9%	54.7%	21.6%	2.8%	-2.5%	-1.8M	95.0M	-631.7K	1.70	18.55	2,440	4,143	25,210	29,600
2018-10-15	$106.07	$110.00	21.5%	6.2%	19.0%	51.7%	19.8%	3.1%	-2.3%	-924.5K	80.1M	-658.8K	5.16	14.22	1,417	7,314	26,469	29,297
2018-10-16	$107.02	$110.00	20.5%	5.9%	19.5%	46.5%	20.4%	2.8%	-1.6%	-1.3M	86.7M	-717.8K	1.37	19.31	3,173	4,332	26,519	33,453
2018-10-17	$106.49	$110.00	20.7%	5.9%	19.5%	47.4%	19.4%	2.5%	-1.9%	-1.1M	83.9M	-769.3K	1.24	15.87	3,688	4,559	28,672	33,580
2018-10-18	$106.60	$110.00	19.3%	5.5%	19.3%	39.6%	18.3%	3.0%	-0.8%	-2.6M	94.7M	-765.5K	0.99	83.53	8,042	7,966	29,256	35,786
2018-10-19	$107.30	$110.00	18.6%	5.3%	19.6%	36.0%	18.1%	2.2%	-0.8%	-1.9M	108.8M	-883.5K	1.51	15.15	4,130	6,254	32,604	40,825
2018-10-22	$105.94	$110.00	18.8%	5.4%	19.3%	37.3%	17.9%	2.7%	0.3%	-2.8M	112.4M	-842.8K	0.96	11.39	5,196	4,988	26,116	35,732
2018-10-23	$106.03	$110.00	19.8%	5.7%	19.4%	42.3%	19.5%	3.6%	-0.7%	-2.2M	110.1M	-851.3K	4.73	13.20	1,019	4,823	27,410	35,932
2018-10-24	$107.24	$110.00	21.4%	6.1%	19.6%	51.5%	20.2%	3.2%	-0.8%	-1.2M	88.2M	-915.7K	4.88	49.57	1,006	4,906	27,543	35,953
2018-10-25	$107.93	$110.00	19.4%	5.6%	19.7%	40.6%	20.6%	3.0%	-0.9%	-647.5K	80.3M	-917.9K	5.45	14.99	929	5,062	27,965	36,046
2018-10-26	$103.85	$110.00	22.9%	6.6%	22.3%	59.3%	24.5%	2.8%	-1.9%	-3.0M	134.7M	-837.5K	8.24	18.99	644	5,306	28,075	36,324
2018-10-29	$105.95	$110.00	23.5%	6.7%	23.7%	63.1%	25.0%	3.2%	-1.9%	-1.8M	109.6M	-865.3K	4.71	79.36	1,124	5,297	28,118	36,580
2018-10-30	$109.45	$110.00	23.4%	6.7%	26.6%	62.5%	23.5%	2.9%	-2.0%	731.1K	44.9M	-1.0M	3.16	36.77	1,550	4,891	28,840	36,752
2018-10-31	$108.69	$110.00	22.4%	6.4%	26.5%	56.6%	22.8%	0.7%	-1.6%	773.8K	54.4M	-985.3K	8.68	88.14	571	4,957	29,268	36,729