CCI Options History — August 2023

In August 2023, CCI traded between $98.89 and $108.12. ATM implied volatility averaged 26.8%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 1.6% (HV 20d: 25.2%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.56.

Notable Days

  • 2023-08-16: Highest Volume — 4,055 contracts
  • 2023-08-02: Largest IV spike — 13.4% change
  • 2023-08-16: Highest IV Rank — 30.5%
  • 2023-08-16: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$102.15$98.89$108.12$108.12$100.61
Max Pain$106.09$105.00$110.00$110.00$105.00
ATM IV26.8%23.9%29.4%23.9%24.6%
Expected Move7.8%6.9%8.4%6.9%7.1%
HV 20d25.2%14.3%34.9%34.9%14.3%
HV 60d25.5%24.8%26.5%26.5%24.8%
IV Rank20.3%6.5%30.5%14.0%6.5%
IV Percentile24.5%2.8%56.0%6.3%2.8%
Term Structure-0.1%-2.5%1.7%1.2%1.2%
VWIV27.2%24.4%29.6%24.4%25.0%
Skew 25d3.7%0.9%5.0%0.9%3.6%
Skew 10d6.0%2.4%13.9%2.4%3.6%
Call IV 25d25.2%22.5%26.9%24.3%22.6%
Put IV 25d28.9%25.2%31.5%25.2%26.2%
Bid-Ask Spread %23.946.0165.3429.0210.94
Gamma HHI0.160.120.370.190.16
Net GEX-133.5K-3.2M1.2M1.2M33.3K
Net DEX34.8M12.1M54.3M12.1M31.4M
Net VEX-529.3K-557.1K-484.3K-532.4K-541.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.241.140.440.38
Total Volume1,968.2618484,0551,3001,411
Total OI42,616.82636,84246,69536,84244,828

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$108.12$110.0023.9%6.9%34.9%14.0%24.4%0.9%1.2%1.2M12.1M-532.4K0.4429.0290139923,52313,319
2023-08-02$106.93$110.0027.1%7.8%33.9%27.4%26.1%2.1%1.7%867.7K18.2M-532.8K0.486.902,1561,03223,97313,512
2023-08-03$104.92$110.0026.9%8.2%34.2%26.4%29.6%4.3%-0.8%179.1K30.9M-522.5K0.6765.342,0791,38624,41814,224
2023-08-04$103.42$110.0024.6%7.8%34.3%16.7%27.5%4.6%-0.2%-384.4K40.7M-518.3K0.6627.8086356625,41315,005
2023-08-07$103.86$110.0025.3%7.9%34.5%19.6%27.4%4.2%-0.3%-385.9K38.9M-519.6K0.6447.811,30183925,69415,284
2023-08-08$104.25$105.0025.5%8.0%34.5%20.7%27.5%4.8%-0.3%-13.9K33.1M-541.6K0.5622.8198155426,60915,723
2023-08-09$104.79$105.0027.7%7.9%34.2%22.6%27.0%4.9%-0.1%225.7K26.7M-557.1K0.3038.431,21736926,97615,808
2023-08-10$104.48$105.0027.6%7.9%34.1%22.3%27.1%5.0%0.2%94.7K28.5M-554.7K0.5210.0787144927,31915,822
2023-08-11$104.36$105.0027.2%7.8%33.9%20.5%26.8%4.5%-0.0%46.2K29.0M-555.7K0.3820.5371727227,77915,992
2023-08-14$103.20$105.0027.2%7.8%30.3%20.5%27.1%3.7%-0.5%-380.2K36.5M-529.5K0.339.561,39245528,08016,009
2023-08-15$102.45$105.0029.3%8.4%30.3%30.0%27.7%4.0%-2.5%-260.3K38.7M-526.3K0.848.0165254528,94615,905
2023-08-16$99.36$105.0029.4%8.4%28.9%30.5%28.2%5.0%-0.5%-948.8K54.3M-484.3K1.1431.931,8982,15729,22215,789
2023-08-17$99.91$105.0029.2%8.4%21.7%29.8%28.8%4.4%-0.8%-1.1M46.8M-513.0K0.777.111,8281,40729,69915,883
2023-08-18$100.24$105.0028.7%8.2%21.8%27.3%28.3%4.7%-0.7%-3.2M42.5M-521.6K0.4116.491,88177230,61616,079
2023-08-21$99.52$105.0027.9%8.0%16.3%24.0%28.0%3.0%-0.7%144.3K39.1M-504.9K0.3346.172,17271025,46614,696
2023-08-22$98.89$105.0027.9%8.0%16.2%23.6%28.6%2.9%-0.4%7.7K41.6M-510.4K0.507.771,13757426,19615,042
2023-08-23$99.27$105.0027.0%7.7%15.3%17.5%27.2%2.8%-0.3%-10.3K39.6M-515.2K1.0136.4693394326,86515,315
2023-08-24$99.83$105.0027.4%7.8%15.5%19.5%27.6%3.0%-0.8%117.8K36.2M-542.1K0.496.4961330327,15815,874
2023-08-25$99.78$105.0026.2%7.5%15.2%13.9%26.3%3.4%0.4%130.6K36.4M-535.4K0.8542.7345938927,37915,946
2023-08-28$99.91$105.0025.9%7.4%15.2%12.7%27.1%3.0%0.5%2.6K37.5M-527.7K0.526.0163933127,56216,205
2023-08-29$100.70$105.0025.5%7.3%15.7%10.7%25.5%2.5%-0.6%251.1K30.8M-541.8K0.4742.221,56073627,87416,377
2023-08-30$100.54$105.0025.4%7.3%15.5%10.4%27.0%4.2%0.9%314.2K30.5M-545.0K0.2410.091,95346828,22016,563
2023-08-31$100.61$105.0024.6%7.1%14.3%6.5%25.0%3.6%1.2%33.3K31.4M-541.6K0.3810.941,02238928,06316,765