CCI Options History — May 2022

In May 2022, CCI traded between $170.41 and $193.05. ATM implied volatility averaged 30.7%, placing in the 70.5% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 1.5% (HV 20d: 29.2%). Max pain ranged from $180.00 to $190.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.51.

Notable Days

  • 2022-05-04: Highest Volume — 6,491 contracts
  • 2022-05-09: Largest IV spike — 23.4% change
  • 2022-05-09: Highest IV Rank — 100.0%
  • 2022-05-12: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$181.13$170.41$193.05$180.28$190.11
Max Pain$183.10$180.00$190.00$185.00$180.00
ATM IV30.7%25.8%37.1%32.2%28.0%
Expected Move8.7%7.4%9.9%9.2%8.0%
HV 20d29.2%25.3%33.2%26.7%30.2%
HV 60d24.7%24.0%25.6%24.2%25.2%
IV Rank70.5%46.0%100.0%82.2%56.2%
IV Percentile90.6%71.4%100.0%98.0%79.4%
Term Structure-1.6%-2.9%0.2%-1.3%-2.1%
VWIV30.5%27.7%33.9%32.3%29.2%
Skew 25d5.8%4.2%7.1%7.1%4.5%
Skew 10d12.0%7.8%19.2%14.1%7.8%
Call IV 25d28.0%24.2%31.2%29.8%25.9%
Put IV 25d33.8%28.4%38.0%36.9%30.4%
Bid-Ask Spread %57.0442.1974.6862.8162.72
Gamma HHI0.110.100.130.110.12
Net GEX1.5M-1.9M5.7M1.6M5.1M
Net DEX-10.3M-122.1M70.3M5.3M-96.9M
Net VEX-1.1M-1.1M-1.0M-1.1M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.334.713.701.91
Total Volume3,977.2862,3006,4916,1492,499
Total OI42,063.28636,07246,71840,16339,050

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$180.28$185.0032.2%9.2%26.7%82.2%32.3%7.1%-1.3%1.6M5.3M-1.1M3.7062.811,3074,84223,67816,485
2022-05-03$182.81$185.0029.4%8.4%27.3%67.9%31.6%5.2%-0.3%2.3M-8.8M-1.1M4.7170.431,0144,77223,86117,083
2022-05-04$184.96$185.0027.5%7.9%25.8%57.7%30.4%6.1%0.2%3.2M-23.3M-1.1M4.4574.681,1905,30123,94017,168
2022-05-05$181.43$190.0030.9%8.7%25.3%75.1%31.7%6.1%-1.6%1.3M3.5M-1.1M3.5156.761,1183,91924,27617,944
2022-05-06$181.78$190.0029.9%8.5%25.3%70.4%30.2%6.4%-1.0%1.1M2.4M-1.1M3.1548.301,2533,94324,32117,966
2022-05-09$176.12$185.0037.0%9.5%26.9%100.0%30.8%7.1%-2.4%-423.2K35.5M-1.1M0.8650.051,6891,44524,35417,999
2022-05-10$170.41$185.0037.1%9.8%28.5%100.0%32.3%7.1%-2.5%-1.9M70.3M-1.0M0.4949.133,1171,53224,67418,291
2022-05-11$170.71$185.0034.3%9.8%28.6%86.5%32.8%6.8%-2.9%-1.4M64.3M-1.1M0.4752.762,3401,10226,21618,331
2022-05-12$172.13$185.0034.6%9.9%28.9%88.0%33.9%6.3%-2.9%-1.3M56.6M-1.1M0.4851.572,1861,04826,40018,365
2022-05-13$176.18$185.0031.3%9.0%30.7%72.4%32.8%6.2%-2.0%-464.3K34.2M-1.1M0.3555.182,79197526,43718,378
2022-05-16$176.41$185.0030.7%8.8%30.6%69.2%29.7%5.9%-1.6%-507.5K30.1M-1.1M0.5750.132,0471,15927,01518,447
2022-05-17$175.86$180.0028.9%8.3%29.3%60.6%29.4%5.5%-1.1%-456.5K31.8M-1.1M0.6458.551,6941,08427,48518,470
2022-05-18$175.12$180.0031.1%8.9%27.5%71.1%29.8%5.6%-1.4%-676.7K36.1M-1.1M0.4954.551,91793227,65818,557
2022-05-19$178.90$180.0030.4%8.7%29.1%68.0%30.6%6.0%-1.9%873.7K8.6M-1.1M0.8760.901,2281,07227,89218,580
2022-05-20$182.43$180.0030.7%8.8%30.4%69.5%29.8%5.3%-1.8%1.8M-22.3M-1.1M0.3358.663,9871,32428,07318,645
2022-05-23$184.34$180.0028.1%8.1%30.6%56.9%27.7%4.4%-2.1%2.6M-43.7M-1.1M0.4353.402,15292818,81617,256
2022-05-24$191.91$180.0029.2%8.4%33.0%62.1%29.0%4.3%-1.4%4.3M-101.3M-1.1M0.4456.983,1131,35718,94517,408
2022-05-25$190.37$180.0030.3%8.7%33.2%67.5%31.5%6.1%-2.2%4.4M-97.0M-1.1M0.8864.991,8731,65119,92717,408
2022-05-26$188.40$180.0027.5%7.9%33.0%53.8%28.1%4.7%-1.2%4.5M-80.1M-1.1M0.9742.191,7811,72720,34918,140
2022-05-27$193.05$180.0025.8%7.4%32.7%46.0%27.8%4.2%-0.9%5.7M-122.1M-1.1M2.0763.011,0142,10020,62718,414
2022-05-31$190.11$180.0028.0%8.0%30.2%56.2%29.2%4.5%-2.1%5.1M-96.9M-1.1M1.9162.728581,64120,70618,344