CCI Options History — July 2019

In July 2019, CCI traded between $125.83 and $136.01. ATM implied volatility averaged 18.6%, placing in the 37.8% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 0.0% (HV 20d: 18.6%). Max pain ranged from $120.00 to $130.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.04.

Notable Days

  • 2019-07-25: Highest Volume — 17,455 contracts
  • 2019-07-10: Largest IV drop — 12.3% change
  • 2019-07-09: Highest IV Rank — 51.2%
  • 2019-07-17: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$131.53$125.83$136.01$129.93$133.11
Max Pain$124.77$120.00$130.00$125.00$125.00
ATM IV18.6%17.4%20.9%19.3%18.0%
Expected Move5.3%5.0%5.8%5.5%5.2%
HV 20d18.6%15.9%20.6%17.4%18.0%
HV 60d18.0%16.9%18.8%17.2%18.7%
IV Rank37.8%31.1%51.2%42.0%34.5%
IV Percentile50.8%29.8%80.6%62.3%41.7%
Term Structure0.1%-1.2%1.3%0.1%0.2%
VWIV19.0%16.9%20.8%19.7%20.1%
Skew 25d3.3%2.6%4.2%4.0%3.4%
Skew 10d7.5%5.3%10.9%8.7%7.5%
Call IV 25d17.3%16.2%18.5%18.1%17.4%
Put IV 25d20.6%19.1%22.7%22.1%20.8%
Bid-Ask Spread %15.227.0625.4718.7318.61
Gamma HHI0.260.230.330.230.29
Net GEX5.8M313.9K11.2M4.1M11.2M
Net DEX-98.3M-158.6M-19.9M-74.1M-158.6M
Net VEX-518.8K-702.4K-405.9K-530.9K-702.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.184.100.800.21
Total Volume3,964.27366017,4552,2383,831
Total OI49,779.36431,21860,31651,69848,477

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$129.93$125.0019.3%5.5%17.4%42.0%19.7%4.0%0.1%4.1M-74.1M-530.9K0.8018.731,24199719,19032,508
2019-07-02$133.25$125.0017.5%5.0%19.6%31.8%20.8%3.3%0.5%6.4M-115.1M-523.3K1.4015.738031,12519,36233,225
2019-07-03$134.23$125.0017.6%5.1%18.3%32.4%20.4%2.6%0.7%7.0M-129.7M-519.5K1.4421.2445966219,58134,091
2019-07-05$133.88$120.0019.6%5.4%18.1%43.5%19.0%3.3%-0.8%6.7M-124.4M-512.7K1.198.6954965219,59634,294
2019-07-08$134.95$120.0020.5%5.4%18.3%49.2%19.4%3.8%-0.7%7.3M-138.5M-485.9K0.927.0647543519,70234,294
2019-07-09$135.26$120.0020.9%5.3%18.3%51.2%19.4%3.2%-0.1%7.5M-146.4M-462.4K0.8510.8252144419,72234,471
2019-07-10$136.01$125.0018.3%5.2%18.3%36.3%19.1%3.5%-0.0%7.5M-151.6M-464.7K1.5614.8261796119,83834,569
2019-07-11$134.24$125.0018.4%5.3%18.8%36.7%18.4%3.5%-0.3%7.5M-131.1M-483.8K0.857.6535730319,87334,923
2019-07-12$132.83$125.0017.9%5.1%17.3%33.8%18.6%3.2%-0.1%7.0M-112.0M-483.3K4.1011.755722,34819,89634,974
2019-07-15$133.01$125.0018.0%5.1%17.0%34.3%18.0%3.5%-0.2%7.2M-115.4M-464.1K0.287.5298328020,02934,796
2019-07-16$132.75$125.0018.0%5.2%15.9%34.6%19.1%3.2%-0.1%7.2M-112.2M-464.9K0.6313.5952633320,27035,039
2019-07-17$131.60$125.0020.2%5.8%16.1%47.0%19.7%4.2%-1.2%6.1M-93.1M-463.9K1.3925.471,7212,39120,31035,157
2019-07-18$127.15$125.0017.9%5.1%19.5%33.7%17.6%2.8%1.0%313.9K-20.1M-405.9K0.5920.024,9122,88521,29636,614
2019-07-19$125.83$125.0017.4%5.0%19.6%31.3%16.9%2.7%1.3%521.2K-19.9M-432.0K1.2718.981,9162,42423,34036,976
2019-07-22$126.30$125.0017.8%5.1%19.8%33.4%18.1%2.9%1.0%2.6M-33.8M-466.5K0.4318.612,12491416,48114,737
2019-07-23$127.48$125.0018.2%5.2%20.3%35.5%18.1%3.0%0.3%3.9M-50.8M-495.3K1.0415.9583286417,71215,403
2019-07-24$129.02$125.0017.4%5.0%20.6%31.1%18.0%2.6%0.6%4.3M-66.4M-503.8K0.6215.405,0973,17717,75215,500
2019-07-25$129.43$125.0019.0%5.4%19.0%40.3%19.5%3.4%-0.1%5.5M-74.9M-584.6K0.8120.239,6347,82121,44917,659
2019-07-26$130.57$130.0018.3%5.3%19.3%36.5%18.3%3.2%-0.1%3.6M-86.3M-659.3K0.4619.893,0521,39623,58723,684
2019-07-29$130.36$130.0018.8%5.4%19.2%39.4%19.6%3.3%-0.3%4.5M-82.5M-670.0K1.8412.112,8045,16725,41524,340
2019-07-30$132.47$125.0019.5%5.6%20.0%43.3%19.7%3.7%-0.1%8.8M-125.8M-634.9K0.1811.987,2781,33124,83720,177
2019-07-31$133.11$125.0018.0%5.2%18.0%34.5%20.1%3.4%0.2%11.2M-158.6M-702.4K0.2118.613,17066128,18320,294