CCI Options History — June 2023

In June 2023, CCI traded between $109.56 and $117.00. ATM implied volatility averaged 27.3%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.0% (HV 20d: 20.3%). Max pain ranged from $115.00 to $120.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.78.

Notable Days

  • 2023-06-13: Highest Volume — 5,554 contracts
  • 2023-06-12: Largest IV spike — 20.5% change
  • 2023-06-01: Highest IV Rank — 50.6%
  • 2023-06-01: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.33$109.56$117.00$112.36$113.28
Max Pain$117.62$115.00$120.00$115.00$115.00
ATM IV27.3%24.9%32.7%32.7%25.0%
Expected Move7.5%7.1%9.4%9.4%7.2%
HV 20d20.3%18.1%23.1%22.5%19.6%
HV 60d25.0%23.8%26.4%26.4%23.9%
IV Rank27.9%18.0%50.6%50.6%18.4%
IV Percentile27.3%9.5%79.4%79.4%9.9%
Term Structure-0.1%-4.8%2.2%-4.8%-0.4%
VWIV26.0%24.4%31.2%31.2%25.8%
Skew 25d4.1%3.5%5.6%5.6%4.0%
Skew 10d7.5%5.8%9.0%8.6%7.9%
Call IV 25d24.3%22.8%27.9%27.9%23.9%
Put IV 25d28.4%27.3%33.5%33.5%27.9%
Bid-Ask Spread %54.5513.0162.7636.4956.77
Gamma HHI0.210.130.330.230.18
Net GEX-777.8K-2.4M1.1M-1.9M156.9K
Net DEX25.9M-9.2M49.2M49.2M9.4M
Net VEX-454.1K-554.9K-393.0K-408.8K-554.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.162.811.101.01
Total Volume2,243.818095,5541,0901,248
Total OI33,319.57128,15336,75930,51036,759

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$112.36$115.0032.7%9.4%22.5%50.6%31.2%5.6%-4.8%-1.9M49.2M-408.8K1.1036.4951857216,76013,750
2023-06-02$113.76$115.0029.4%8.4%23.1%37.0%29.8%4.5%-1.4%-1.7M40.1M-422.8K0.9913.0155454917,09114,046
2023-06-05$112.92$120.0030.5%7.5%22.6%41.4%25.5%3.8%2.2%-2.2M46.1M-401.7K0.3662.3159621317,28314,277
2023-06-06$112.92$120.0028.8%7.3%21.7%34.6%25.3%4.7%1.6%-2.4M45.9M-393.0K0.2060.9189318217,41814,318
2023-06-07$114.66$120.0028.6%7.3%22.4%33.4%25.2%3.8%1.1%-1.7M32.4M-405.9K0.1662.761,03116217,74214,342
2023-06-08$115.46$120.0028.1%7.2%21.4%31.6%25.5%3.9%1.1%-1.4M23.0M-417.0K0.8856.971,04691818,02414,373
2023-06-09$113.97$120.0025.6%7.1%20.4%21.0%24.6%4.0%1.3%-2.4M37.1M-408.6K0.4355.471,32756618,38414,783
2023-06-12$115.05$120.0030.8%7.4%20.8%42.9%25.6%4.0%0.4%-1.1M24.5M-411.5K0.8660.572,0251,74018,65215,038
2023-06-13$115.39$120.0027.0%7.2%18.7%26.9%24.4%3.5%1.0%1.1M22.1M-423.3K0.3558.704,1121,44219,81816,339
2023-06-14$114.81$120.0025.7%7.4%18.1%21.4%25.1%4.2%0.5%-349.4K24.1M-450.1K1.2957.931,2281,58719,67516,540
2023-06-15$117.00$120.0026.0%7.5%18.5%22.7%25.3%4.6%-0.7%792.3K-9.2M-459.5K0.7351.741,4471,05619,75515,957
2023-06-16$114.86$120.0025.4%7.3%19.8%20.2%25.4%3.8%-0.0%-972.2K19.1M-453.4K1.0450.631,8461,91920,30716,176
2023-06-20$112.50$120.0027.4%7.8%21.0%28.4%25.7%4.4%-0.8%-461.7K24.6M-438.2K0.2655.472,33960016,26411,889
2023-06-21$112.13$115.0026.1%7.5%19.3%23.0%24.9%4.0%-0.8%-191.4K22.7M-464.1K0.4559.241,01845518,10412,174
2023-06-22$109.56$115.0026.6%7.6%20.2%25.2%26.1%3.9%-1.0%-521.5K33.9M-447.9K0.3252.862,46580118,60312,254
2023-06-23$109.69$115.0026.4%7.6%18.9%24.5%25.9%3.6%-0.4%-317.5K30.4M-488.6K0.4456.6690339619,82712,751
2023-06-26$111.02$115.0026.5%7.6%18.9%24.6%27.6%4.0%-0.4%-153.2K24.6M-497.4K2.8159.829182,58420,25212,994
2023-06-27$111.48$115.0026.0%7.4%18.9%22.5%25.3%4.0%-0.5%-627.5K25.0M-511.7K0.4059.661,69567720,71714,416
2023-06-28$113.28$115.0024.9%7.1%19.8%18.0%26.6%3.8%-0.6%-67.6K11.7M-536.8K1.7056.626751,14720,91114,812
2023-06-29$113.73$115.0025.0%7.2%19.7%18.4%25.8%4.0%-0.0%80.9K7.0M-540.1K0.5160.941,10456621,07715,059
2023-06-30$113.28$115.0025.0%7.2%19.6%18.4%25.8%4.0%-0.4%156.9K9.4M-554.9K1.0156.7762262621,62815,131