CCI Options History — December 2021

In December 2021, CCI traded between $182.38 and $209.56. ATM implied volatility averaged 22.7%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 0.8% (HV 20d: 21.9%). Max pain ranged from $180.00 to $190.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.41.

Notable Days

  • 2021-12-13: Highest Volume — 42,764 contracts
  • 2021-12-07: Largest IV drop — 20.6% change
  • 2021-12-03: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$196.99$182.38$209.56$182.38$209.56
Max Pain$185.91$180.00$190.00$180.00$190.00
ATM IV22.7%17.1%33.0%30.3%17.1%
Expected Move6.4%4.9%9.5%8.7%4.9%
HV 20d21.9%16.3%24.8%16.3%22.2%
HV 60d19.5%17.8%20.6%17.8%20.0%
IV Rank39.5%5.0%100.0%96.0%5.0%
IV Percentile53.2%2.4%100.0%99.6%2.4%
Term Structure2.1%-2.7%4.3%-2.0%4.2%
VWIV23.2%18.2%34.6%31.0%18.6%
Skew 25d2.7%1.8%4.9%4.8%1.9%
Skew 10d6.0%3.8%9.2%8.5%4.0%
Call IV 25d21.5%17.2%31.4%27.7%17.2%
Put IV 25d24.2%19.1%36.3%32.5%19.1%
Bid-Ask Spread %62.9854.4974.0872.6355.93
Gamma HHI0.210.100.340.100.34
Net GEX4.4M45.5K7.0M45.5K6.9M
Net DEX-104.5M-184.2M-25.7M-25.7M-162.9M
Net VEX-653.4K-819.8K-540.6K-814.2K-540.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.051.300.610.14
Total Volume9,562.3181,91542,7641,9158,337
Total OI35,202.04532,06337,88437,78233,522

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-12-01$182.38$180.0030.3%8.7%16.3%96.0%31.0%4.8%-2.0%45.5K-25.7M-814.2K0.6172.631,18872716,74621,036
2021-12-02$186.18$180.0029.8%8.5%17.9%92.6%30.4%3.6%-2.7%1.4M-63.1M-791.0K0.6872.241,41095816,81121,064
2021-12-03$183.75$180.0033.0%9.5%18.0%100.0%34.6%4.9%-2.7%598.8K-39.6M-819.8K0.8073.371,21997916,94220,934
2021-12-06$187.83$180.0031.4%7.7%19.4%90.3%27.6%3.2%0.4%3.4M-85.1M-715.3K1.3057.431,2441,61616,94520,939
2021-12-07$191.41$180.0024.9%6.8%20.1%51.7%24.2%2.6%2.2%5.0M-120.4M-659.8K1.2460.371,8752,33216,93120,650
2021-12-08$192.08$180.0023.5%6.5%20.1%43.2%23.4%2.6%2.7%5.3M-122.7M-647.0K0.7463.901,6551,23017,12320,236
2021-12-09$190.43$180.0022.7%6.4%20.4%38.5%24.4%2.4%2.2%4.8M-109.0M-654.1K1.1062.941,2621,38717,07620,267
2021-12-10$192.92$180.0019.2%6.1%20.7%17.2%22.1%2.3%3.2%6.2M-133.7M-630.1K0.8661.081,2981,11717,12520,319
2021-12-13$199.00$180.0021.8%6.1%22.9%32.6%19.6%2.3%2.6%5.1M-184.2M-586.6K0.0562.0040,7851,97917,23820,277
2021-12-14$195.23$190.0025.4%6.5%24.4%54.2%24.7%3.2%2.2%1.9M-49.4M-656.3K0.1160.5116,6731,82113,10920,958
2021-12-15$196.24$190.0023.0%6.6%23.9%39.8%18.7%2.8%2.6%2.9M-63.8M-648.7K0.1062.2016,3801,62713,40321,275
2021-12-16$200.16$190.0022.4%6.4%23.1%36.5%26.2%2.2%2.6%5.3M-86.7M-666.8K0.1361.6513,5701,70413,80721,505
2021-12-17$202.24$190.0022.5%6.4%22.3%36.8%20.6%2.4%1.9%5.4M-111.3M-643.8K0.1459.5113,6771,97114,37021,711
2021-12-20$202.12$190.0024.1%6.9%22.4%46.7%21.4%2.7%1.9%4.3M-109.5M-646.1K0.0959.7212,2661,05013,72818,335
2021-12-21$197.77$190.0020.8%6.0%24.2%26.8%18.6%2.5%2.6%3.6M-82.8M-669.5K0.1667.177,2851,14413,87518,466
2021-12-22$199.53$190.0018.7%5.4%24.3%14.1%22.7%2.2%3.7%4.5M-94.3M-640.6K0.1474.087,1841,03314,06218,596
2021-12-23$199.49$190.0018.4%5.3%24.1%12.7%20.4%2.3%3.7%4.3M-86.1M-655.0K0.1362.457,08995214,09018,724
2021-12-27$204.22$190.0019.1%5.5%24.7%16.6%19.6%2.5%3.7%6.3M-129.7M-593.2K0.1354.497,12494414,14118,796
2021-12-28$206.10$190.0017.5%5.0%24.8%7.2%19.2%1.8%4.0%6.7M-144.2M-557.1K0.1060.737,35072114,15618,828
2021-12-29$207.48$190.0017.2%4.9%22.9%5.2%23.2%1.9%4.3%7.0M-142.0M-585.0K0.1159.907,13582014,16718,933
2021-12-30$207.74$190.0017.2%4.9%22.8%5.2%18.2%1.8%3.9%6.8M-152.4M-553.3K0.1261.217,38387014,16619,063
2021-12-31$209.56$190.0017.1%4.9%22.2%5.0%18.6%1.9%4.2%6.9M-162.9M-540.6K0.1455.937,3271,01014,31019,212