CCI Options History — April 2022

In April 2022, CCI traded between $186.97 and $198.29. ATM implied volatility averaged 25.6%, placing in the 47.8% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 6.6% (HV 20d: 19.0%). Max pain ranged from $180.00 to $185.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 2.71.

Notable Days

  • 2022-04-26: Highest Volume — 11,172 contracts
  • 2022-04-11: Largest IV spike — 21.0% change
  • 2022-04-26: Highest IV Rank — 73.8%
  • 2022-04-26: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$193.16$186.97$198.29$188.27$186.97
Max Pain$183.00$180.00$185.00$180.00$185.00
ATM IV25.6%19.6%30.6%19.6%30.4%
Expected Move7.3%6.4%8.8%6.5%8.7%
HV 20d19.0%16.6%23.7%17.5%23.7%
HV 60d24.5%22.5%25.5%25.4%23.1%
IV Rank47.8%16.8%73.8%16.8%72.7%
IV Percentile77.5%36.5%96.4%36.5%95.2%
Term Structure0.1%-1.0%3.0%3.0%-0.7%
VWIV26.3%23.2%30.5%23.2%30.5%
Skew 25d4.7%3.6%6.1%4.5%5.9%
Skew 10d10.2%7.6%13.2%8.8%12.4%
Call IV 25d23.9%18.7%28.6%18.7%27.6%
Put IV 25d28.6%23.2%34.6%23.2%33.5%
Bid-Ask Spread %66.0157.7771.7458.8364.20
Gamma HHI0.260.150.440.260.15
Net GEX11.1M3.3M26.9M14.6M4.6M
Net DEX-132.2M-240.8M-44.5M-116.4M-44.5M
Net VEX-960.0K-1.2M-769.2K-805.8K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.710.377.040.445.85
Total Volume5,733.51,03911,1723,0294,807
Total OI36,288.426,87143,83335,94239,944

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$188.27$180.0019.6%6.5%17.5%16.8%23.2%4.5%3.0%14.6M-116.4M-805.8K0.4458.832,09993023,44512,497
2022-04-04$188.43$180.0020.4%6.4%17.2%21.2%23.3%4.6%0.1%14.8M-109.2M-769.2K0.4063.362,01280023,55112,679
2022-04-05$193.44$180.0022.3%6.5%17.0%31.0%24.5%3.6%0.4%19.3M-177.5M-796.1K0.8966.242,3182,06623,54212,713
2022-04-06$196.92$180.0025.7%7.4%17.6%48.2%26.6%4.5%0.6%14.8M-229.4M-790.4K0.8765.182,3722,05924,09012,664
2022-04-07$197.23$185.0025.3%7.5%17.6%46.4%26.8%4.3%-0.2%14.9M-230.2M-843.1K2.5862.891,8614,79724,78313,112
2022-04-08$198.16$185.0024.5%7.4%16.6%42.2%27.2%4.1%0.5%13.6M-240.8M-932.3K2.5264.151,8584,67325,15615,759
2022-04-11$196.17$185.0029.6%7.4%17.0%68.7%26.2%4.7%-0.3%19.5M-221.8M-887.0K2.7368.951,4994,08825,47715,868
2022-04-12$193.40$185.0027.5%7.0%18.4%57.7%24.5%3.9%0.1%22.0M-176.2M-881.4K2.0571.742,7225,58425,61916,016
2022-04-13$193.38$185.0024.2%6.9%18.3%40.7%25.9%5.0%-0.4%26.9M-163.5M-938.8K2.2665.271,8284,14026,04617,683
2022-04-14$192.76$180.0023.4%6.7%17.2%36.5%23.8%4.0%0.9%13.8M-148.9M-908.6K3.5369.791,3134,62926,17417,659
2022-04-18$190.09$180.0025.4%7.3%18.1%46.8%25.4%4.1%-0.1%3.6M-70.0M-949.0K3.1965.881,1763,75114,46712,404
2022-04-19$193.87$180.0024.1%6.9%18.4%40.4%25.0%4.5%-0.2%4.4M-92.7M-958.0K2.7769.671,7734,90614,81912,727
2022-04-20$198.29$180.0024.4%7.0%19.4%41.7%25.7%4.3%-0.5%4.9M-120.5M-1.0M2.6457.772,1195,59715,88613,884
2022-04-21$196.58$185.0024.6%7.0%19.7%42.5%24.9%4.5%0.1%5.4M-114.3M-1.0M3.8663.151,3575,24116,85014,473
2022-04-22$195.75$185.0026.0%7.4%20.0%49.9%26.4%5.2%0.2%5.2M-104.9M-1.1M7.0468.188015,63517,02614,764
2022-04-25$193.28$185.0027.3%7.8%20.8%56.7%29.2%5.5%-0.7%4.5M-83.8M-1.1M6.0865.358905,40717,03615,317
2022-04-26$188.87$185.0030.6%8.8%22.1%73.8%28.2%6.1%-1.0%3.3M-52.3M-1.1M0.6269.476,9124,26017,11015,674
2022-04-27$189.38$185.0028.5%8.2%21.3%62.9%29.3%5.7%-0.2%5.6M-60.4M-1.1M0.3768.6076027923,09916,026
2022-04-28$192.03$185.0027.8%8.0%21.8%59.5%29.2%4.9%-0.2%7.2M-87.6M-1.2M3.5171.471,1874,16423,59016,139
2022-04-29$186.97$185.0030.4%8.7%23.7%72.7%30.5%5.9%-0.7%4.6M-44.5M-1.2M5.8564.207024,10523,66916,275