CCI Options History — February 2019

In February 2019, CCI traded between $116.69 and $120.23. ATM implied volatility averaged 17.3%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 4.7% (HV 20d: 12.6%). Max pain ranged from $115.00 to $120.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.95.

Notable Days

2019-02-20: Highest Volume — 16,930 contracts
2019-02-05: Largest IV drop — 18.9% change
2019-02-27: Highest IV Rank — 37.4%
2019-02-27: Largest Expected Move — 5.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$118.50	$116.69	$120.23	$116.69	$118.83
Max Pain	$118.16	$115.00	$120.00	$115.00	$120.00
ATM IV	17.3%	15.2%	18.9%	18.1%	18.6%
Expected Move	5.0%	4.5%	5.4%	5.0%	5.3%
HV 20d	12.6%	11.5%	15.4%	15.4%	11.5%
HV 60d	19.2%	18.3%	19.8%	19.4%	18.3%
IV Rank	29.1%	17.6%	37.4%	33.2%	36.3%
IV Percentile	26.2%	8.3%	46.8%	27.4%	41.7%
Term Structure	0.3%	-1.6%	2.0%	-0.7%	0.1%
VWIV	17.8%	15.7%	19.5%	17.8%	18.7%
Skew 25d	2.8%	0.8%	4.0%	3.7%	1.5%
Skew 10d	6.2%	2.5%	8.0%	7.8%	4.4%
Call IV 25d	16.1%	14.4%	18.3%	15.2%	18.3%
Put IV 25d	19.0%	17.4%	21.0%	18.8%	19.8%
Bid-Ask Spread %	23.37	19.94	27.67	27.55	21.98
Gamma HHI	0.37	0.28	0.62	0.49	0.41
Net GEX	7.4M	3.9M	12.4M	8.2M	9.4M
Net DEX	-111.3M	-142.4M	-76.2M	-104.0M	-91.6M
Net VEX	-832.7K	-945.9K	-739.7K	-739.7K	-926.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.06	6.28	6.28	0.08
Total Volume	3,038.316	549	16,930	3,671	3,081
Total OI	53,933.579	44,885	63,179	44,885	63,179

Daily Data (19 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
2019-02-01	$116.69	$115.00	18.1%	5.0%	15.4%	33.2%	17.8%	3.7%	-0.7%	8.2M	-104.0M	-739.7K	6.28	27.55	504	3,167	26,267	18,618
2019-02-04	$117.35	$115.00	18.8%	5.2%	14.9%	36.9%	18.8%	3.5%	-1.6%	7.0M	-114.7M	-765.1K	1.33	27.56	1,459	1,945	26,523	21,278
2019-02-05	$118.82	$115.00	15.2%	4.5%	15.1%	17.6%	17.1%	3.1%	0.3%	6.4M	-142.4M	-800.3K	0.33	27.67	1,204	399	27,672	22,224
2019-02-06	$117.22	$115.00	17.8%	5.1%	14.9%	31.7%	16.6%	4.0%	-0.6%	6.9M	-113.8M	-830.5K	0.58	24.49	553	320	28,324	22,820
2019-02-07	$118.21	$115.00	16.5%	4.7%	12.2%	24.3%	17.2%	3.8%	0.5%	4.3M	-123.2M	-840.7K	0.22	20.34	883	196	28,397	24,994
2019-02-08	$117.99	$115.00	16.6%	4.7%	12.3%	24.9%	17.5%	3.6%	0.5%	4.2M	-120.8M	-839.6K	0.87	22.07	388	337	28,702	25,046
2019-02-11	$118.40	$115.00	16.7%	4.8%	12.3%	25.6%	17.5%	3.4%	0.1%	4.2M	-130.4M	-805.0K	0.67	20.77	369	249	28,762	25,225
2019-02-12	$117.30	$120.00	18.7%	5.3%	12.3%	36.3%	16.6%	3.5%	-1.3%	3.9M	-108.2M	-817.0K	0.17	27.40	4,683	817	29,409	25,791
2019-02-13	$118.33	$120.00	16.4%	4.7%	12.2%	24.2%	19.5%	3.5%	0.1%	4.6M	-98.8M	-782.3K	0.14	22.58	2,602	356	27,084	25,854
2019-02-14	$119.12	$120.00	16.4%	4.7%	12.2%	24.0%	18.8%	2.8%	0.4%	5.2M	-114.8M	-778.6K	0.90	20.35	289	260	27,100	25,934
2019-02-15	$119.99	$120.00	15.6%	4.5%	11.9%	19.5%	15.7%	3.0%	0.4%	8.9M	-133.5M	-768.4K	0.24	20.65	1,502	361	27,148	25,974
2019-02-19	$120.23	$120.00	16.1%	4.6%	11.8%	22.1%	16.2%	3.2%	0.2%	6.2M	-103.5M	-753.0K	0.88	23.58	483	426	24,702	22,239
2019-02-20	$119.48	$120.00	17.4%	5.0%	12.3%	29.4%	17.3%	1.9%	2.0%	5.3M	-91.4M	-772.1K	0.06	19.94	15,951	979	24,815	22,462
2019-02-21	$119.19	$120.00	18.1%	5.2%	12.1%	33.3%	18.4%	0.8%	1.6%	11.0M	-119.5M	-926.9K	0.16	23.44	2,299	375	34,816	22,905
2019-02-22	$119.62	$120.00	17.8%	5.1%	11.5%	31.4%	18.5%	1.5%	1.1%	12.4M	-135.3M	-945.9K	0.22	24.94	1,536	344	36,285	23,038
2019-02-25	$118.06	$120.00	17.3%	5.0%	11.8%	28.9%	18.5%	3.0%	0.9%	11.9M	-100.6M	-910.4K	0.23	21.32	1,699	388	36,660	23,072
2019-02-26	$118.31	$120.00	18.5%	5.3%	11.6%	35.5%	19.5%	2.2%	0.8%	11.2M	-91.9M	-896.3K	4.53	26.46	948	4,296	35,344	23,271
2019-02-27	$118.37	$120.00	18.9%	5.4%	11.5%	37.4%	18.9%	2.0%	0.7%	8.5M	-76.2M	-922.6K	0.20	20.87	1,727	353	35,432	27,372
2019-02-28	$118.83	$120.00	18.6%	5.3%	11.5%	36.3%	18.7%	1.5%	0.1%	9.4M	-91.6M	-926.2K	0.08	21.98	2,857	224	35,751	27,428