CCI Options History — August 2019

In August 2019, CCI traded between $133.48 and $146.94. ATM implied volatility averaged 20.9%, placing in the 51.5% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 2.7% (HV 20d: 18.2%). Max pain ranged from $125.00 to $140.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2019-08-20: Highest Volume — 16,387 contracts
  • 2019-08-12: Largest IV spike — 28.1% change
  • 2019-08-12: Highest IV Rank — 71.8%
  • 2019-08-05: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$142.11$133.48$146.94$134.20$145.33
Max Pain$133.64$125.00$140.00$125.00$140.00
ATM IV20.9%18.7%24.4%18.7%19.9%
Expected Move5.9%5.4%6.6%5.4%5.7%
HV 20d18.2%16.1%21.6%18.0%16.5%
HV 60d18.7%17.6%19.5%18.4%17.6%
IV Rank51.5%38.4%71.8%38.7%45.5%
IV Percentile74.9%50.0%97.2%55.2%65.5%
Term Structure0.8%-0.4%2.0%0.0%2.0%
VWIV21.2%19.0%24.7%19.2%21.9%
Skew 25d4.4%2.8%5.0%2.8%4.6%
Skew 10d9.4%8.3%11.7%8.9%10.0%
Call IV 25d18.7%17.1%22.0%18.0%17.9%
Put IV 25d23.0%20.8%26.6%20.8%22.6%
Bid-Ask Spread %61.4214.7773.2217.3769.99
Gamma HHI0.290.180.340.290.34
Net GEX11.4M6.0M15.3M12.5M14.7M
Net DEX-225.3M-271.8M-146.6M-184.9M-223.7M
Net VEX-696.9K-880.9K-510.2K-720.1K-863.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.102.290.122.29
Total Volume3,816.18298416,38711,9401,571
Total OI48,501.09135,17453,17149,58453,171

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$134.20$125.0018.7%5.4%18.0%38.7%19.2%2.8%0.0%12.5M-184.9M-720.1K0.1217.3710,6661,27429,41520,169
2019-08-02$135.64$125.0019.2%5.5%18.4%41.7%22.1%4.0%0.2%11.0M-182.8M-664.0K0.5914.771,30976726,96019,974
2019-08-05$133.48$130.0024.0%6.6%19.1%69.4%24.7%4.6%-0.4%9.0M-146.6M-668.6K0.4163.081,62266026,96319,924
2019-08-06$136.04$130.0021.8%6.0%20.3%56.5%23.5%4.5%0.1%10.9M-182.9M-635.6K1.3363.351,6372,17626,71020,105
2019-08-07$138.64$130.0021.2%6.0%21.3%53.3%22.5%4.3%-0.1%10.7M-222.1M-625.4K0.2364.742,10548327,03421,224
2019-08-08$141.04$130.0019.4%5.4%21.3%42.9%19.9%4.1%1.0%11.2M-262.1M-559.8K0.4865.122,4791,18727,58421,299
2019-08-09$141.32$130.0019.1%5.6%20.8%40.8%19.0%4.8%0.5%11.0M-262.4M-600.9K0.1667.286,5051,02128,15321,444
2019-08-12$141.28$130.0024.4%6.2%20.8%71.8%21.3%5.0%-0.4%10.9M-264.6M-622.3K0.5065.361,32466029,36221,846
2019-08-13$141.86$130.0023.7%5.7%20.7%67.7%20.8%4.3%0.5%10.7M-271.8M-590.5K0.1468.753,85153529,23321,831
2019-08-14$139.38$130.0021.6%6.2%21.6%55.6%20.6%4.6%0.4%10.9M-229.9M-617.2K0.1165.463,86442929,04621,970
2019-08-15$142.23$130.0022.1%6.3%17.4%58.5%21.7%4.8%0.3%7.4M-240.0M-595.2K0.2960.8192526426,75822,155
2019-08-16$143.31$130.0019.0%5.4%16.4%40.2%20.5%4.6%1.4%6.2M-249.2M-558.4K0.2467.712,24053726,40822,154
2019-08-19$144.94$135.0018.7%5.4%16.4%38.4%20.3%4.4%1.4%6.6M-162.3M-510.2K0.3260.371,86359019,09816,076
2019-08-20$144.76$135.0021.0%6.0%16.6%51.7%21.0%4.2%0.2%6.0M-153.3M-524.8K0.1062.3914,9281,45918,92116,257
2019-08-21$145.10$140.0019.1%5.5%16.6%41.2%21.4%4.5%1.7%13.8M-228.3M-836.1K0.2963.312,54474131,69517,213
2019-08-22$145.93$140.0019.7%5.7%16.5%44.5%20.1%4.8%1.7%14.4M-242.9M-856.3K0.2355.281,21227732,61817,778
2019-08-23$146.46$140.0021.4%6.1%16.5%54.0%21.7%4.4%1.3%15.0M-253.1M-880.9K0.1571.722,25633433,18117,816
2019-08-26$146.94$140.0022.1%6.3%16.3%58.0%21.2%4.4%0.6%15.3M-258.2M-869.8K0.4768.021,06049333,27617,942
2019-08-27$146.67$140.0022.0%6.3%16.1%57.7%22.0%4.7%0.5%14.9M-255.5M-857.5K0.3071.271,72552232,91318,329
2019-08-28$146.27$140.0021.5%6.2%16.3%54.6%21.3%4.0%1.8%14.4M-245.2M-838.0K0.3471.8673425032,85118,516
2019-08-29$145.66$140.0020.6%5.9%16.6%49.5%20.4%4.1%1.8%14.2M-235.2M-836.3K1.8973.229971,88033,10118,551
2019-08-30$145.33$140.0019.9%5.7%16.5%45.5%21.9%4.6%2.0%14.7M-223.7M-863.2K2.2969.994781,09333,23119,940