CCI Options History — July 2022

In July 2022, CCI traded between $169.88 and $181.04. ATM implied volatility averaged 28.6%, placing in the 58.0% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 2.7% (HV 20d: 31.3%). Max pain ranged from $160.00 to $175.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.68.

Notable Days

  • 2022-07-14: Highest Volume — 3,808 contracts
  • 2022-07-11: Largest IV spike — 20.9% change
  • 2022-07-12: Highest IV Rank — 100.0%
  • 2022-07-12: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$172.91$169.88$181.04$172.51$180.93
Max Pain$168.00$160.00$175.00$170.00$165.00
ATM IV28.6%22.7%37.6%28.5%22.7%
Expected Move8.0%6.5%9.0%8.2%6.5%
HV 20d31.3%18.9%42.7%42.7%23.8%
HV 60d32.7%32.2%33.2%33.2%32.5%
IV Rank58.0%29.0%100.0%58.8%29.0%
IV Percentile72.3%38.1%100.0%77.0%38.1%
Term Structure0.4%-0.5%1.9%1.2%1.9%
VWIV27.9%21.9%33.0%28.2%21.9%
Skew 25d4.9%4.0%5.5%4.6%4.0%
Skew 10d11.2%8.8%16.4%9.7%8.8%
Call IV 25d25.8%20.5%28.9%27.6%20.5%
Put IV 25d30.7%24.6%34.3%32.2%24.6%
Bid-Ask Spread %55.5548.3965.9065.9057.65
Gamma HHI0.100.090.130.090.13
Net GEX1.8M136.1K6.7M1.8M6.7M
Net DEX-5.4M-91.1M23.4M-3.9M-87.6M
Net VEX-1.0M-1.1M-962.7K-1.1M-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.321.160.770.36
Total Volume2,449.51,7793,8081,9032,799
Total OI45,018.0538,94649,54047,14144,063

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$172.51$170.0028.5%8.2%42.7%58.8%28.2%4.6%1.2%1.8M-3.9M-1.1M0.7765.901,07582828,03919,102
2022-07-05$171.07$170.0033.2%9.0%42.3%81.6%30.9%5.5%-0.4%1.3M12.0M-1.1M0.9350.4293486628,13819,135
2022-07-06$172.30$170.0032.0%8.8%42.0%75.4%29.2%5.0%0.3%1.6M-2.2M-1.1M1.1651.549301,08328,11519,093
2022-07-07$171.63$175.0030.5%8.6%42.0%67.9%28.6%5.2%-0.1%1.1M10.3M-1.0M1.1155.199881,09328,12919,398
2022-07-08$171.96$175.0028.6%8.4%42.0%58.6%27.3%5.1%-0.0%1.2M3.9M-1.0M0.7958.481,2991,02828,22419,412
2022-07-11$172.25$175.0034.6%8.7%41.5%87.8%30.0%4.7%0.1%1.3M-1.9M-1.0M0.8055.001,4001,12028,32119,437
2022-07-12$170.47$175.0037.6%9.0%39.7%100.0%30.8%5.5%-0.3%733.1K20.7M-996.9K0.5253.171,42974828,72719,485
2022-07-13$171.31$175.0031.3%9.0%35.7%70.2%33.0%5.4%-0.3%841.7K11.4M-998.9K0.3948.392,04979328,79319,502
2022-07-14$170.82$160.0031.1%8.9%31.1%69.0%31.6%5.0%-0.5%396.8K16.3M-981.8K0.3251.282,89191729,08319,494
2022-07-15$173.10$165.0028.3%8.1%31.1%55.9%30.0%4.9%0.6%1.0M-2.7M-1.0M1.1659.301,6821,94829,93019,610
2022-07-18$169.88$165.0028.9%8.3%28.3%58.6%28.0%5.1%-0.1%136.1K23.4M-962.7K0.3955.361,87372521,22017,726
2022-07-19$173.12$165.0026.8%7.7%28.8%48.9%29.4%5.3%0.3%1.4M-1.9M-979.3K0.9061.971,2221,10121,86717,787
2022-07-20$172.11$165.0028.2%8.1%26.0%55.3%27.1%5.2%-0.5%1.1M5.5M-970.5K0.6259.081,39587022,34118,228
2022-07-21$172.81$165.0025.0%7.2%22.5%40.1%25.2%4.5%0.6%1.4M611.4K-977.2K0.4154.802,05284623,07318,466
2022-07-22$172.18$165.0025.9%7.4%21.4%44.4%24.9%4.6%1.3%1.5M1.5M-967.8K0.3449.832,10670923,67618,666
2022-07-25$170.59$165.0026.6%7.6%20.8%47.8%27.0%5.1%0.2%967.6K14.5M-964.7K0.5353.431,38173724,33518,792
2022-07-26$174.54$165.0026.1%7.5%22.3%45.3%25.7%5.0%0.9%2.9M-23.8M-1.0M0.6354.491,16473024,41818,887
2022-07-27$173.49$165.0024.1%6.9%18.9%36.0%25.2%5.0%1.0%2.3M-13.0M-977.0K0.5455.641,55784324,60919,102
2022-07-28$181.04$165.0022.8%6.5%23.8%29.8%23.6%4.0%1.8%6.7M-91.1M-1.0M0.8760.1495382624,71819,220
2022-07-29$180.93$165.0022.7%6.5%23.8%29.0%21.9%4.0%1.9%6.7M-87.6M-1.0M0.3657.652,06173824,66319,400