CCI Options History — November 2021

In November 2021, CCI traded between $179.36 and $186.35. ATM implied volatility averaged 22.4%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 5.1% (HV 20d: 17.4%). Max pain ranged from $175.00 to $180.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2021-11-10: Highest Volume — 4,719 contracts
  • 2021-11-26: Largest IV spike — 16.9% change
  • 2021-11-30: Highest IV Rank — 83.3%
  • 2021-11-30: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$182.47$179.36$186.35$181.67$182.49
Max Pain$178.10$175.00$180.00$175.00$180.00
ATM IV22.4%18.9%28.4%20.2%28.4%
Expected Move6.5%5.4%8.2%5.8%8.2%
HV 20d17.4%14.7%20.1%20.0%16.4%
HV 60d17.7%17.2%18.1%18.1%18.0%
IV Rank41.6%16.7%83.3%20.6%83.3%
IV Percentile58.9%24.2%98.4%39.7%98.4%
Term Structure-0.0%-2.3%1.5%0.9%-2.3%
VWIV23.4%19.7%29.0%19.9%28.8%
Skew 25d3.4%2.8%5.1%3.6%5.1%
Skew 10d6.8%5.0%8.7%7.2%6.9%
Call IV 25d21.2%18.4%26.1%18.4%25.4%
Put IV 25d24.5%21.6%30.5%22.0%30.5%
Bid-Ask Spread %68.1251.9578.9271.6076.32
Gamma HHI0.160.100.360.150.10
Net GEX2.8M-429.1K6.1M3.9M-42.5K
Net DEX-50.4M-98.4M-26.8M-58.8M-29.5M
Net VEX-807.5K-849.7K-753.3K-837.0K-779.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.281.960.450.60
Total Volume2,818.192,0144,7193,0032,014
Total OI40,533.95236,74745,37339,51637,789

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-01$181.67$175.0020.2%5.8%20.0%20.6%19.9%3.6%0.9%3.9M-58.8M-837.0K0.4571.602,07892517,95721,559
2021-11-02$182.59$175.0019.5%5.6%19.7%19.1%20.0%2.9%1.3%4.2M-67.4M-832.4K0.4478.921,94585617,92021,680
2021-11-03$183.04$175.0018.9%5.4%19.7%16.7%19.7%3.2%1.5%4.2M-70.5M-822.5K0.4373.111,82778017,91121,603
2021-11-04$180.88$175.0021.1%6.3%20.1%33.2%22.3%3.0%-0.3%3.7M-51.9M-816.6K0.8164.751,7071,38818,11221,680
2021-11-05$180.16$175.0021.2%6.3%18.7%33.4%22.6%3.1%0.2%3.0M-38.7M-849.7K0.4862.951,65078418,06522,097
2021-11-08$179.36$175.0022.4%6.5%18.7%41.8%23.5%3.5%-0.4%2.8M-26.8M-833.6K0.3665.672,00871518,13422,150
2021-11-09$180.68$175.0023.0%6.5%18.7%45.8%23.6%3.5%-0.9%3.6M-42.3M-821.5K0.4163.891,60466018,29522,210
2021-11-10$180.07$175.0022.1%6.3%18.8%39.6%23.3%3.0%-0.1%3.6M-35.6M-800.5K1.9661.511,5953,12418,36522,233
2021-11-11$180.77$180.0021.6%6.2%18.7%36.3%22.7%3.7%-0.3%2.4M-30.9M-823.9K0.5856.751,41682618,41024,217
2021-11-12$180.97$180.0021.4%6.1%17.5%35.3%23.4%3.0%0.3%2.7M-34.2M-822.6K0.9259.851,5311,41018,43524,365
2021-11-15$182.16$180.0022.2%6.4%17.2%40.4%23.0%3.5%-0.5%3.4M-46.0M-802.1K0.6851.951,8451,25818,51925,014
2021-11-16$180.49$180.0021.0%6.0%14.7%31.9%21.9%2.9%0.6%2.8M-33.0M-786.0K0.3371.662,89194718,85425,247
2021-11-17$185.50$180.0021.3%6.1%17.1%34.0%21.9%3.4%0.5%6.1M-98.4M-766.7K0.4871.872,3551,13519,19925,278
2021-11-18$183.14$180.0021.6%6.2%16.8%36.6%22.1%2.8%0.8%5.6M-72.6M-812.9K0.5072.301,74987219,76325,466
2021-11-19$183.34$180.0021.9%6.3%16.5%38.4%22.9%3.0%0.7%5.5M-70.0M-816.1K0.2871.062,65774219,81325,560
2021-11-22$182.99$180.0022.6%6.5%15.8%43.0%23.5%2.8%0.1%-429.1K-35.6M-771.9K0.6070.011,43786815,55621,191
2021-11-23$184.04$180.0024.2%6.9%15.0%54.4%25.3%4.0%-0.4%-145.4K-39.4M-803.1K0.4370.081,47663815,75721,174
2021-11-24$186.35$180.0023.5%6.7%15.2%49.1%24.6%3.7%-0.2%721.1K-64.1M-764.6K0.6369.291,53696015,94721,144
2021-11-26$184.99$180.0027.4%7.9%14.8%76.3%29.0%4.1%-1.1%369.0K-46.4M-840.4K0.5474.951,42977316,02221,152
2021-11-29$186.24$180.0025.8%7.4%14.7%65.0%26.6%2.9%-1.2%1.2M-66.5M-753.3K0.3971.981,99977216,11121,259
2021-11-30$182.49$180.0028.4%8.2%16.4%83.3%28.8%5.1%-2.3%-42.5K-29.5M-779.5K0.6076.321,25675816,69821,091