CCI Options History — January 2019

In January 2019, CCI traded between $105.49 and $116.40. ATM implied volatility averaged 21.2%, placing in the 50.1% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 1.4% (HV 20d: 22.5%). Max pain ranged from $105.00 to $115.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.23.

Notable Days

  • 2019-01-04: Highest Volume — 3,980 contracts
  • 2019-01-04: Largest IV drop — 13.9% change
  • 2019-01-03: Highest IV Rank — 79.0%
  • 2019-01-02: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.39$105.49$116.40$105.49$116.40
Max Pain$107.86$105.00$115.00$115.00$115.00
ATM IV21.2%16.4%26.5%25.3%17.9%
Expected Move6.0%4.7%7.3%7.3%5.2%
HV 20d22.5%15.5%25.5%23.8%15.5%
HV 60d21.5%19.5%22.7%22.7%19.6%
IV Rank50.1%24.1%79.0%72.9%32.3%
IV Percentile62.9%17.5%96.8%95.6%25.8%
Term Structure-0.5%-1.9%0.6%-1.9%-0.5%
VWIV21.1%17.5%26.0%23.4%17.5%
Skew 25d3.5%2.9%3.9%3.6%3.7%
Skew 10d7.5%5.1%10.6%5.1%7.4%
Call IV 25d19.4%15.6%23.5%23.5%15.6%
Put IV 25d22.9%19.3%27.1%27.1%19.3%
Bid-Ask Spread %38.719.5372.5772.5728.62
Gamma HHI0.320.190.510.210.50
Net GEX2.2M-4.1M8.8M-4.1M8.2M
Net DEX26.1M-98.6M115.6M115.6M-98.6M
Net VEX-605.3K-743.4K-500.8K-541.4K-743.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.103.720.380.51
Total Volume1,702.5712283,9801,8931,660
Total OI58,165.23836,10570,09464,98044,819

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$105.49$115.0025.3%7.3%23.8%72.9%23.4%3.6%-1.9%-4.1M115.6M-541.4K0.3872.571,37352028,90136,079
2019-01-03$106.56$110.0026.5%7.1%23.6%79.0%24.7%3.6%-1.7%-2.6M98.9M-567.4K1.6564.0953187529,73836,513
2019-01-04$108.14$110.0022.8%6.3%24.4%58.9%23.3%3.5%0.1%-1.5M66.6M-596.3K0.2663.953,17081029,99335,862
2019-01-07$109.19$105.0023.2%6.3%23.7%61.0%21.7%3.6%-0.2%728.0K35.5M-682.0K0.2768.291794932,64035,897
2019-01-08$107.60$105.0022.2%6.4%23.9%55.5%26.0%3.8%-0.1%-1.1M64.4M-618.2K2.8960.4633697132,75235,896
2019-01-09$105.58$105.0023.4%6.7%24.3%62.3%24.4%3.9%-0.6%-3.6M97.6M-574.4K1.4267.3853075032,81136,700
2019-01-10$106.62$105.0023.6%6.8%24.8%63.3%25.2%3.8%-1.3%-2.4M82.5M-574.2K3.7266.2219271532,96737,048
2019-01-11$107.30$105.0022.4%6.4%25.1%56.6%23.9%3.4%-0.5%-963.4K75.4M-559.1K3.6364.6818366533,00237,092
2019-01-14$106.27$105.0021.9%6.3%25.2%54.0%22.1%3.1%-1.0%-2.2M90.8M-506.9K1.5668.6212920133,01136,870
2019-01-15$107.32$105.0021.6%6.2%25.5%52.2%19.3%3.1%-0.3%-294.8K77.7M-519.8K0.1812.3974813533,03736,951
2019-01-16$107.49$105.0021.0%6.0%24.0%49.3%19.4%2.9%-0.1%551.3K52.5M-515.6K0.4024.5365226133,54134,803
2019-01-17$107.24$105.0021.2%6.1%24.0%50.2%19.9%3.6%-0.6%525.7K54.5M-508.7K0.5517.942,2171,21533,57834,807
2019-01-18$107.32$105.0021.0%6.0%24.0%49.2%20.6%3.6%-0.7%4.3M45.9M-500.8K1.999.531,1142,22033,61334,847
2019-01-22$108.54$105.0020.7%5.9%24.4%47.4%20.6%3.4%-1.6%4.1M13.3M-543.7K0.1019.592,35223720,90715,198
2019-01-23$110.06$110.0020.7%5.9%22.1%47.5%20.5%3.8%-1.1%6.4M-12.4M-624.1K0.4016.381,79471723,37815,323
2019-01-24$111.60$110.0018.8%5.4%20.4%36.8%17.8%3.3%0.4%8.1M-29.5M-643.7K0.3523.071,24944024,44315,854
2019-01-25$113.54$110.0016.4%4.7%18.6%24.1%18.2%3.6%0.6%8.8M-57.9M-688.4K2.9916.779412,81225,09615,905
2019-01-28$114.34$110.0018.0%5.2%18.6%32.9%18.3%3.4%0.0%7.8M-65.9M-731.7K1.1317.6121224025,22518,158
2019-01-29$114.97$110.0017.8%5.1%18.6%31.4%17.9%3.4%0.0%8.1M-71.6M-728.3K0.4913.7398948125,44618,274
2019-01-30$115.53$110.0018.3%5.2%18.6%34.4%18.7%3.3%-0.2%8.2M-87.1M-743.0K0.9816.3944844125,98218,513
2019-01-31$116.40$115.0017.9%5.2%15.5%32.3%17.5%3.7%-0.5%8.2M-98.6M-743.4K0.5128.621,09756326,16018,659