CCI Options History — August 2021

In August 2021, CCI traded between $190.30 and $198.43. ATM implied volatility averaged 19.1%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 0.9% (HV 20d: 18.2%). Max pain ranged from $190.00 to $195.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-08-19: Highest Volume — 2,991 contracts
  • 2021-08-20: Largest IV drop — 9.8% change
  • 2021-08-19: Highest IV Rank — 27.2%
  • 2021-08-19: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$193.90$190.30$198.43$193.00$194.10
Max Pain$194.32$190.00$195.00$190.00$195.00
ATM IV19.1%17.3%21.4%18.5%17.7%
Expected Move5.6%5.1%6.1%5.3%5.1%
HV 20d18.2%13.2%21.3%21.0%15.2%
HV 60d17.6%17.0%18.1%17.9%17.6%
IV Rank15.1%5.6%27.2%11.7%7.2%
IV Percentile21.7%2.8%38.9%15.9%5.6%
Term Structure0.5%-0.3%1.6%1.3%1.1%
VWIV19.6%17.7%22.5%19.1%17.7%
Skew 25d2.5%1.7%3.4%1.8%2.1%
Skew 10d5.1%2.5%6.7%2.9%6.6%
Call IV 25d18.6%16.8%20.2%18.7%16.9%
Put IV 25d21.1%19.0%23.6%20.5%19.0%
Bid-Ask Spread %61.4429.8274.5863.5769.38
Gamma HHI0.210.160.340.190.20
Net GEX6.6M712.2K11.2M7.9M3.8M
Net DEX-73.0M-113.6M-29.3M-79.1M-67.4M
Net VEX-787.4K-864.8K-739.4K-864.8K-759.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.252.040.610.50
Total Volume1,241.0914572,991603940
Total OI35,129.04529,79037,95036,22232,942

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-08-02$193.00$190.0018.5%5.3%21.0%11.7%19.1%1.8%1.3%7.9M-79.1M-864.8K0.6163.5737422920,64115,581
2021-08-03$194.65$190.0018.1%5.2%20.9%9.8%18.8%1.7%1.6%8.6M-94.9M-836.2K0.3662.0033512220,35015,628
2021-08-04$195.39$190.0018.7%5.4%20.6%12.8%19.1%1.7%1.2%8.9M-104.5M-829.3K0.2845.0645212820,44015,722
2021-08-05$194.03$195.0018.0%5.6%20.7%9.0%19.9%2.9%0.5%8.6M-84.0M-825.7K0.6369.7747529720,50015,749
2021-08-06$194.12$195.0017.3%5.5%20.6%5.6%20.0%2.7%0.6%9.0M-85.6M-835.5K0.4774.5836016820,59915,758
2021-08-09$194.65$195.0018.4%5.6%20.5%11.1%20.4%2.6%0.1%9.5M-90.6M-812.2K0.7167.3352537220,60315,801
2021-08-10$191.12$195.0019.0%5.9%21.1%14.5%20.2%2.8%-0.2%7.1M-49.8M-795.4K2.0470.776791,38620,50815,856
2021-08-11$191.94$195.0020.2%5.8%20.9%20.9%20.0%2.8%-0.1%7.4M-57.1M-761.3K0.2764.8645312220,34315,967
2021-08-12$193.54$195.0019.4%5.6%21.2%16.5%19.2%2.3%0.5%8.3M-65.9M-812.7K0.3768.5052719320,42217,147
2021-08-13$194.74$195.0019.1%5.5%21.3%14.6%18.9%2.9%0.2%9.6M-79.9M-813.6K0.4729.8246221820,48117,212
2021-08-16$194.81$195.0019.7%5.6%21.1%18.1%20.1%2.7%-0.2%9.5M-81.7M-788.7K0.2639.022,35961720,31417,143
2021-08-17$196.30$195.0020.4%5.9%20.7%21.9%20.5%3.1%-0.3%10.6M-99.8M-757.8K0.2537.521,23130420,35017,216
2021-08-18$194.35$195.0020.2%5.8%20.7%20.9%20.0%2.7%-0.0%9.5M-70.9M-779.8K0.6149.0056033920,55117,399
2021-08-19$197.80$195.0021.4%6.1%13.3%27.2%22.5%3.4%-0.1%11.2M-113.6M-758.9K0.2970.482,31068120,20517,428
2021-08-20$198.43$195.0019.3%5.5%13.2%16.0%19.6%2.5%0.8%5.9M-109.9M-762.3K0.5161.211,82793120,10117,546
2021-08-23$196.19$195.0019.4%5.6%13.5%16.7%19.7%2.0%0.6%2.5M-71.1M-767.8K0.5962.6255332614,45315,337
2021-08-24$192.73$195.0019.8%5.7%14.3%18.5%20.3%2.7%0.4%1.5M-48.6M-746.1K0.4671.221,05348814,63115,480
2021-08-25$190.64$195.0019.5%5.6%14.8%17.2%19.4%2.5%0.4%712.2K-29.3M-769.3K0.2569.531,99549914,70615,587
2021-08-26$190.30$195.0019.8%5.7%14.8%18.6%20.0%2.6%0.5%786.7K-31.2M-739.4K0.6269.2046828915,02015,909
2021-08-27$190.90$195.0018.2%5.2%14.8%10.0%17.7%2.4%0.7%2.0M-41.3M-746.3K0.3071.0748514416,32616,109
2021-08-30$192.03$195.0018.7%5.3%15.0%12.5%18.1%2.6%0.4%2.5M-49.4M-760.6K0.6665.2362040816,47716,301
2021-08-31$194.10$195.0017.7%5.1%15.2%7.2%17.7%2.1%1.1%3.8M-67.4M-759.4K0.5069.3862731316,61916,323