CCI Options History — April 2021

In April 2021, CCI traded between $173.60 and $189.02. ATM implied volatility averaged 19.3%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 0.8% (HV 20d: 18.5%). Max pain ranged from $160.00 to $170.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2021-04-20: Highest Volume — 4,099 contracts
  • 2021-04-05: Largest IV spike — 16.9% change
  • 2021-04-20: Highest IV Rank — 22.0%
  • 2021-04-20: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$180.80$173.60$189.02$173.60$189.02
Max Pain$169.52$160.00$170.00$160.00$170.00
ATM IV19.3%16.4%22.1%18.2%17.9%
Expected Move5.7%5.1%6.3%5.2%5.1%
HV 20d18.5%13.8%22.7%22.2%14.1%
HV 60d22.2%20.3%23.7%23.7%20.3%
IV Rank9.3%0.0%22.0%0.2%6.4%
IV Percentile2.6%0.0%7.5%0.4%1.2%
Term Structure0.9%-0.6%2.9%2.9%1.8%
VWIV20.3%18.1%22.6%19.9%18.5%
Skew 25d2.8%1.8%4.5%4.5%1.8%
Skew 10d6.8%4.0%12.1%12.1%5.1%
Call IV 25d19.1%17.6%21.4%18.6%17.8%
Put IV 25d21.9%19.6%24.6%23.1%19.6%
Bid-Ask Spread %59.5337.6473.5773.5764.90
Gamma HHI0.300.200.820.270.21
Net GEX15.9M7.6M47.7M15.1M11.8M
Net DEX-247.4M-339.4M-158.4M-215.2M-249.3M
Net VEX-796.5K-851.8K-725.8K-825.3K-826.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.091.260.440.82
Total Volume1,865.0956254,099710939
Total OI41,558.09529,81851,31144,76037,193

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$173.60$160.0018.2%5.2%22.2%0.2%19.9%4.5%2.9%15.1M-215.2M-825.3K0.4473.5749321731,19013,570
2021-04-05$177.07$170.0021.3%6.1%22.7%8.6%22.6%3.1%-0.1%17.8M-276.9M-765.1K0.3047.661,48544331,30813,668
2021-04-06$176.33$170.0020.3%6.0%20.8%6.9%21.1%2.6%0.0%18.4M-269.8M-771.8K1.2470.7033241131,90313,848
2021-04-07$177.07$170.0019.5%6.0%20.1%4.9%22.0%3.1%0.3%17.4M-273.2M-753.4K0.9554.641,8681,77132,00814,037
2021-04-08$176.14$170.0017.7%5.9%20.6%0.0%20.7%3.0%0.0%18.9M-279.2M-798.7K0.7950.0447036933,39715,491
2021-04-09$175.45$170.0016.4%5.7%19.6%0.0%20.8%2.9%0.9%18.9M-269.4M-777.7K0.9364.4943240233,43815,610
2021-04-12$177.51$170.0018.3%5.5%19.4%6.7%20.5%3.2%1.1%18.6M-301.6M-747.9K0.3964.701,32651133,44415,713
2021-04-13$177.18$170.0019.5%5.7%18.9%10.9%19.7%2.6%0.7%19.7M-301.2M-740.3K0.2543.862,69868233,87715,923
2021-04-14$175.97$170.0019.6%5.6%18.1%11.4%19.4%2.9%1.0%20.7M-278.0M-753.8K0.2157.6796820033,94816,031
2021-04-15$178.81$170.0019.1%5.5%18.6%9.6%19.6%3.0%0.5%17.1M-325.7M-725.8K0.3073.021,73852334,09916,164
2021-04-16$179.92$170.0018.3%5.2%18.5%7.2%18.1%2.9%1.1%47.7M-339.4M-756.9K0.0963.292,96926434,82816,483
2021-04-19$180.63$170.0021.1%6.0%18.4%18.0%21.2%3.7%0.2%7.6M-158.4M-780.4K0.2170.461,88139720,2299,589
2021-04-20$182.99$170.0022.1%6.3%18.7%22.0%22.5%3.2%0.3%8.3M-180.2M-806.9K0.4367.182,8651,23420,7939,813
2021-04-21$182.55$170.0021.6%6.2%18.8%20.1%22.4%2.4%-0.6%9.1M-180.9M-842.3K0.3364.012,04366422,15610,494
2021-04-22$184.61$170.0019.9%5.7%18.9%14.4%20.8%3.4%0.8%9.8M-200.4M-845.5K0.5070.331,48974022,90511,032
2021-04-23$187.51$170.0018.3%5.3%18.8%7.9%19.5%2.3%1.5%11.2M-231.3M-831.7K0.6863.5494864623,39211,139
2021-04-26$185.93$170.0019.5%5.6%16.8%12.7%19.5%2.5%1.1%11.1M-215.1M-828.4K1.2651.918471,07023,54811,375
2021-04-27$184.79$170.0019.1%5.5%16.8%11.3%19.6%2.0%1.3%11.0M-204.8M-847.6K0.9438.1942339623,86012,206
2021-04-28$185.56$170.0018.8%5.4%13.8%10.0%19.6%1.9%1.4%11.3M-211.4M-851.8K1.0137.6431131424,02112,459
2021-04-29$188.22$170.0017.9%5.1%14.2%6.1%18.9%2.5%1.9%11.7M-234.8M-849.1K1.0758.3867171724,09812,440
2021-04-30$189.02$170.0017.9%5.1%14.1%6.4%18.5%1.8%1.8%11.8M-249.3M-826.1K0.8264.9051642324,20612,987