CCI Options History — July 2020

In July 2020, CCI traded between $165.92 and $174.32. ATM implied volatility averaged 31.2%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 0.8% (HV 20d: 30.3%). Max pain ranged from $155.00 to $165.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2020-07-17: Highest Volume — 7,999 contracts
  • 2020-07-13: Largest IV spike — 17.4% change
  • 2020-07-13: Highest IV Rank — 31.3%
  • 2020-07-13: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$169.54$165.92$174.32$172.40$166.12
Max Pain$163.41$155.00$165.00$160.00$165.00
ATM IV31.2%26.8%36.6%29.8%26.8%
Expected Move9.1%7.7%10.2%8.5%7.7%
HV 20d30.3%23.3%43.1%43.1%23.9%
HV 60d34.7%33.2%38.2%38.2%33.8%
IV Rank23.4%17.0%31.3%21.4%17.0%
IV Percentile69.2%55.2%81.3%67.5%55.2%
Term Structure-0.2%-2.1%4.5%3.6%2.4%
VWIV32.0%27.7%36.0%30.2%27.7%
Skew 25d4.8%1.3%8.0%4.8%2.4%
Skew 10d10.1%3.8%16.4%10.4%4.8%
Call IV 25d29.4%24.7%32.2%27.2%26.0%
Put IV 25d34.2%28.4%38.6%32.0%28.4%
Bid-Ask Spread %40.2922.0068.3159.7626.16
Gamma HHI0.190.140.470.160.15
Net GEX9.2M5.8M11.4M9.7M6.4M
Net DEX-190.6M-267.1M-121.7M-235.7M-121.7M
Net VEX-933.8K-1.0M-833.7K-878.9K-989.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.053.970.302.04
Total Volume3,079.9096897,9993,1064,967
Total OI47,835.54537,14552,09545,83149,586

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-07-01$172.40$160.0029.8%8.5%43.1%21.4%30.2%4.8%3.6%9.7M-235.7M-878.9K0.3059.762,38272427,51018,321
2020-07-02$171.11$160.0027.2%7.8%40.1%17.5%28.3%5.2%4.5%10.0M-227.1M-897.5K0.5268.311,28466228,33518,679
2020-07-06$174.32$155.0029.6%9.3%40.5%21.1%33.6%7.2%0.0%11.3M-267.1M-870.4K0.6247.142,3461,45628,98118,647
2020-07-07$171.79$155.0030.9%9.7%39.9%23.0%36.0%7.6%-0.5%11.4M-242.4M-885.8K3.9740.323081,22329,36418,705
2020-07-08$170.87$160.0029.3%9.6%39.8%20.6%32.4%7.8%0.2%11.3M-228.9M-884.1K0.7346.1481459529,38419,374
2020-07-09$171.54$165.0032.2%9.8%39.8%24.9%34.6%7.7%-0.9%11.3M-234.6M-899.3K1.5849.0553083529,84819,893
2020-07-10$171.25$165.0031.2%9.7%27.9%23.4%33.6%8.0%0.1%11.3M-231.7M-882.1K0.5246.3845223729,98120,003
2020-07-13$166.90$165.0036.6%10.2%29.3%31.3%35.0%7.3%-1.1%9.6M-178.7M-834.7K0.0545.745,06825530,06520,040
2020-07-14$169.22$165.0033.8%9.6%29.1%27.2%33.2%7.0%-0.7%10.9M-200.6M-867.5K0.4746.261,16754630,73820,166
2020-07-15$168.21$165.0033.3%9.5%28.5%26.4%33.5%7.2%0.6%11.0M-195.3M-859.0K0.9247.341,7731,63931,31820,147
2020-07-16$165.92$165.0033.0%9.4%28.8%26.0%33.2%6.5%-0.6%11.3M-170.0M-835.8K0.5839.351,22971231,67619,942
2020-07-17$169.06$165.0029.6%8.5%27.4%21.1%29.8%5.2%-0.3%8.9M-207.4M-833.7K0.4738.525,4332,56631,81820,277
2020-07-20$170.74$165.0031.9%9.1%26.2%24.4%31.7%2.0%-1.7%6.2M-161.7M-915.1K0.3733.614,9741,82823,15513,990
2020-07-21$167.13$165.0033.1%9.5%26.6%26.2%32.5%1.5%-1.9%5.8M-134.1M-977.4K0.1722.004,49178426,26015,647
2020-07-22$167.89$165.0031.6%9.1%26.6%24.1%31.8%1.9%-1.2%7.3M-152.6M-1.0M0.4431.7997543229,07716,191
2020-07-23$166.32$165.0031.9%9.2%25.5%24.5%32.0%3.0%-1.1%6.9M-136.3M-1.0M0.5931.881,54091429,47716,518
2020-07-24$166.55$165.0032.3%9.3%25.4%25.0%32.0%4.2%-1.2%6.7M-136.1M-1.0M0.6936.8057239229,75617,150
2020-07-27$167.82$165.0032.2%9.2%25.2%24.9%31.9%3.2%-2.1%7.4M-149.9M-1.0M0.2734.011,15530829,92717,385
2020-07-28$172.33$165.0031.6%9.1%26.6%24.1%31.1%2.8%-1.6%9.2M-205.5M-1.0M0.1931.152,46447030,20717,514
2020-07-29$173.18$165.0030.6%8.8%24.3%22.6%31.5%1.6%-1.3%9.7M-215.2M-1.0M0.6335.642,8421,78630,32317,622
2020-07-30$169.13$165.0027.6%7.9%23.3%18.1%28.2%1.3%0.0%8.4M-161.3M-1.0M1.2229.011,1851,44331,11218,273
2020-07-31$166.12$165.0026.8%7.7%23.9%17.0%27.7%2.4%2.4%6.4M-121.7M-989.5K2.0426.161,6363,33131,01118,575