CCI Options History — December 2022

In December 2022, CCI traded between $132.07 and $145.06. ATM implied volatility averaged 30.5%, placing in the 48.9% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 2.5% (HV 20d: 33.0%). Max pain ranged from $135.00 to $160.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.39.

Notable Days

  • 2022-12-14: Highest Volume — 17,598 contracts
  • 2022-12-12: Largest IV spike — 22.1% change
  • 2022-12-12: Highest IV Rank — 86.3%
  • 2022-12-01: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$137.57$132.07$145.06$141.71$135.50
Max Pain$148.10$135.00$160.00$135.00$140.00
ATM IV30.5%27.0%40.7%30.4%28.7%
Expected Move8.2%7.5%8.7%8.7%8.2%
HV 20d33.0%25.3%41.0%40.1%30.6%
HV 60d37.1%35.9%38.0%37.2%36.8%
IV Rank48.9%36.0%86.3%48.5%42.2%
IV Percentile60.6%31.7%97.6%65.5%48.0%
Term Structure1.8%-3.3%3.1%-3.3%2.4%
VWIV28.4%25.3%33.4%29.3%28.7%
Skew 25d4.0%3.1%4.9%4.3%4.3%
Skew 10d7.6%4.5%10.4%7.7%8.0%
Call IV 25d26.7%25.2%27.7%27.0%26.7%
Put IV 25d30.6%28.5%32.5%31.4%31.0%
Bid-Ask Spread %57.9236.9868.4037.2459.76
Gamma HHI0.160.130.320.150.14
Net GEX2.0M-3.0M7.5M2.6M1.6M
Net DEX12.9M-31.4M51.1M11.2M4.0M
Net VEX-454.8K-502.6K-415.1K-428.2K-428.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.390.079.960.230.33
Total Volume2,355.90533317,5982,325542
Total OI36,013.57131,64741,53934,60832,712

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$141.71$135.0030.4%8.7%40.1%48.5%29.3%4.3%-3.3%2.6M11.2M-428.2K0.2337.241,89742818,25416,354
2022-12-02$140.13$135.0029.0%8.3%40.5%43.5%29.9%3.1%-2.1%2.4M20.4M-435.9K1.3361.1733144019,77016,414
2022-12-05$138.96$160.0031.3%7.8%40.7%51.6%28.1%3.7%1.8%2.2M26.2M-427.8K0.2262.1180618019,95816,703
2022-12-06$137.41$160.0034.0%8.3%41.0%61.6%29.7%4.4%1.9%1.5M38.1M-415.1K0.0761.041,2538819,48916,804
2022-12-07$138.43$160.0032.7%8.0%41.0%56.7%33.4%3.8%2.3%2.2M27.9M-433.1K0.1865.622,72149620,55716,839
2022-12-08$138.57$160.0032.2%8.0%40.1%55.1%28.1%3.3%1.7%3.1M15.6M-482.0K0.5759.6137421323,07316,869
2022-12-09$140.21$160.0033.4%8.0%27.8%59.3%27.8%3.4%2.0%3.9M4.7M-488.4K0.4661.8978636223,18617,009
2022-12-12$140.33$160.0040.7%8.2%27.2%86.3%29.1%3.9%1.6%4.2M5.3M-487.5K0.7862.7276559323,68717,147
2022-12-13$145.06$160.0033.8%7.5%25.3%61.1%25.4%3.4%2.8%7.5M-31.4M-502.6K0.1668.407,4361,21823,83317,395
2022-12-14$137.69$160.0027.8%8.0%32.0%39.1%26.8%3.9%1.6%1.2M51.1M-478.9K5.5762.212,67914,91923,25618,283
2022-12-15$137.86$150.0027.7%7.9%31.8%38.5%28.1%4.0%2.1%1.2M19.6M-480.5K0.5262.761,16060023,89916,143
2022-12-16$135.30$145.0029.6%8.5%31.6%45.7%29.6%4.9%2.2%-3.0M27.7M-474.0K1.5956.031,2211,93724,84116,062
2022-12-19$132.07$145.0030.0%8.6%31.7%47.1%28.5%4.7%2.3%724.7K24.1M-432.0K0.6353.5166141920,68510,962
2022-12-20$134.23$140.0028.6%8.2%30.9%42.1%27.3%3.8%2.2%1.3M11.5M-449.9K0.1636.9899215821,01211,051
2022-12-21$133.87$140.0027.5%7.9%30.9%37.8%25.3%4.0%3.1%1.2M12.7M-442.7K9.9651.321391,38520,97311,034
2022-12-22$134.71$140.0028.7%8.2%30.8%42.4%28.0%4.4%2.2%1.4M8.1M-453.1K1.0551.6524025221,01711,087
2022-12-23$136.64$140.0028.6%8.2%30.9%41.9%27.9%3.9%2.6%1.9M-237.3K-466.3K0.7765.1418814521,09811,206
2022-12-27$137.02$140.0029.7%8.5%28.8%46.0%29.3%4.1%2.0%2.0M-1.6M-455.2K1.9859.0615129921,21811,301
2022-12-28$134.85$140.0029.1%8.4%29.0%43.9%28.7%4.3%2.6%1.4M8.8M-437.9K1.6259.3417027621,31011,327
2022-12-29$138.39$140.0027.0%7.7%29.8%36.0%27.4%4.2%2.8%2.6M-11.8M-451.4K0.9158.7929026421,42211,045
2022-12-30$135.50$140.0028.7%8.2%30.6%42.2%28.7%4.3%2.4%1.6M4.0M-428.7K0.3359.7640713521,57611,136