CCI Options History — February 2022

In February 2022, CCI traded between $160.42 and $183.97. ATM implied volatility averaged 27.5%, placing in the 66.1% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 2.6% (HV 20d: 30.2%). Max pain ranged from $170.00 to $185.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.84.

Notable Days

  • 2022-02-01: Highest Volume — 4,475 contracts
  • 2022-02-10: Largest IV spike — 12.0% change
  • 2022-02-23: Highest IV Rank — 85.2%
  • 2022-02-23: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$171.26$160.42$183.97$181.01$166.21
Max Pain$178.68$170.00$185.00$185.00$170.00
ATM IV27.5%23.6%30.8%26.2%30.1%
Expected Move7.9%6.8%8.8%7.5%8.6%
HV 20d30.2%24.0%38.5%38.4%24.0%
HV 60d29.4%28.4%30.3%28.4%30.2%
IV Rank66.1%42.8%85.2%58.3%81.4%
IV Percentile91.8%75.0%98.4%91.3%96.8%
Term Structure-1.1%-2.5%0.6%-0.7%-1.8%
VWIV27.4%23.1%30.8%25.4%30.7%
Skew 25d4.7%3.5%6.8%5.2%4.6%
Skew 10d9.9%7.6%13.6%10.4%8.9%
Call IV 25d26.1%22.6%28.7%24.3%28.7%
Put IV 25d30.7%26.4%34.7%29.5%33.2%
Bid-Ask Spread %62.8255.3370.3455.3370.01
Gamma HHI0.130.110.160.120.11
Net GEX-904.0K-2.1M823.7K-2.4K-1.1M
Net DEX42.7M-7.2M75.6M16.8M51.3M
Net VEX-634.6K-728.3K-552.4K-649.4K-597.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.381.320.740.83
Total Volume2,739.1581,2724,4754,4751,303
Total OI25,210.47423,25327,10023,25325,037

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-02-01$181.01$185.0026.2%7.5%38.4%58.3%25.4%5.2%-0.7%-2.4K16.8M-649.4K0.7455.332,5751,90011,48411,769
2022-02-02$183.97$185.0024.5%7.0%38.5%48.4%24.8%3.8%0.6%823.7K-7.2M-717.9K0.9258.772,0931,92312,43211,803
2022-02-03$181.80$180.0026.4%7.8%30.0%59.5%26.5%4.0%-1.1%536.6K1.6M-728.3K1.0763.331,9042,03012,68711,826
2022-02-04$181.19$185.0026.5%7.8%29.0%60.0%26.4%4.3%-0.9%331.1K5.8M-724.6K1.0657.291,8791,98312,73811,911
2022-02-07$181.23$185.0026.5%7.7%27.9%60.1%26.2%3.9%-1.1%390.5K6.1M-711.7K1.0757.661,8451,97512,85511,920
2022-02-08$177.94$185.0024.7%7.2%27.0%49.6%25.3%4.0%-0.2%-256.5K22.9M-676.1K1.0562.601,8571,94313,04211,930
2022-02-09$179.47$180.0023.6%6.8%27.0%42.8%23.1%3.9%0.4%318.1K12.2M-670.4K1.1864.231,6942,00413,34111,968
2022-02-10$172.64$180.0026.4%7.6%29.6%59.5%27.0%4.0%-0.7%-1.1M43.1M-658.5K1.3266.231,6442,16813,46912,023
2022-02-11$168.53$180.0029.3%8.4%30.4%76.4%29.5%4.1%-1.5%-1.7M58.9M-631.4K0.3862.291,73866813,64712,163
2022-02-14$167.72$180.0029.4%8.4%30.1%77.4%30.8%6.0%-1.2%-1.7M61.8M-636.2K0.4162.421,89277613,80512,328
2022-02-15$165.13$180.0028.3%8.1%30.3%70.9%28.0%5.0%-1.7%-2.0M72.2M-593.0K0.8262.151,07988214,14512,424
2022-02-16$165.29$180.0027.1%7.8%30.2%63.9%27.0%4.2%-1.5%-2.1M68.9M-597.1K0.6057.301,41184614,42812,403
2022-02-17$163.95$175.0029.1%8.3%30.2%75.4%28.4%5.2%-1.1%-1.8M72.4M-581.2K0.8363.561,07789614,54812,435
2022-02-18$162.70$175.0027.3%7.8%30.2%65.0%28.7%3.5%-0.4%-1.9M75.6M-572.1K1.3163.838611,12414,65512,445
2022-02-22$162.78$175.0029.8%8.5%30.0%79.4%28.5%6.8%-1.6%-1.7M68.4M-572.4K0.5864.871,07262111,86811,871
2022-02-23$160.42$175.0030.8%8.8%30.1%85.2%29.1%5.8%-2.5%-1.7M73.9M-552.4K0.5663.4598855612,24211,929
2022-02-24$164.88$170.0029.0%8.3%30.7%74.7%29.7%5.9%-2.0%-1.4M57.5M-586.8K0.5870.3499057512,61412,010
2022-02-25$167.13$170.0028.0%8.0%29.4%68.7%26.1%4.7%-1.6%-1.1M48.4M-601.2K0.6467.8977549712,74012,064
2022-02-28$166.21$170.0030.1%8.6%24.0%81.4%30.7%4.6%-1.8%-1.1M51.3M-597.4K0.8370.0171359012,91712,120