CCI Options History — October 2023

In October 2023, CCI traded between $85.77 and $94.88. ATM implied volatility averaged 32.2%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 3.9% (HV 20d: 28.3%). Max pain ranged from $90.00 to $100.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2023-10-19: Highest Volume — 9,060 contracts
  • 2023-10-11: Largest IV drop — 19.8% change
  • 2023-10-09: Highest IV Rank — 74.7%
  • 2023-10-03: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.81$85.77$94.88$91.23$92.93
Max Pain$94.55$90.00$100.00$100.00$90.00
ATM IV32.2%26.2%38.6%34.6%28.8%
Expected Move9.0%7.5%10.3%9.9%8.2%
HV 20d28.3%20.4%36.8%20.4%36.4%
HV 60d23.3%18.7%26.0%24.1%26.0%
IV Rank48.2%22.3%74.7%57.7%33.8%
IV Percentile73.9%16.7%95.2%90.1%48.4%
Term Structure-0.8%-2.9%4.1%-2.7%1.8%
VWIV30.7%27.2%36.5%33.8%29.6%
Skew 25d5.3%4.4%6.1%5.2%5.0%
Skew 10d8.6%4.2%10.7%8.2%10.7%
Call IV 25d29.1%25.3%35.3%32.0%26.5%
Put IV 25d34.3%30.2%40.6%37.2%31.6%
Bid-Ask Spread %26.149.9557.2835.2512.67
Gamma HHI0.130.090.330.140.11
Net GEX495.0K-1.3M2.3M-385.9K2.3M
Net DEX23.9M-20.0M92.1M38.3M-20.0M
Net VEX-731.1K-802.0K-588.4K-720.7K-797.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.192.130.420.86
Total Volume2,313.1827699,0602,0421,656
Total OI62,921.90953,00371,42862,27557,618

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$91.23$100.0034.6%9.9%20.4%57.7%33.8%5.2%-2.7%-385.9K38.3M-720.7K0.4235.251,44160141,27521,000
2023-10-03$88.47$100.0036.0%10.3%22.2%63.9%36.5%5.3%-2.9%-509.6K56.2M-688.6K0.6337.121,7741,12541,91221,222
2023-10-04$89.41$100.0034.9%10.0%22.9%58.9%33.1%4.4%-1.9%-474.0K48.7M-708.7K1.5035.237881,18442,47521,156
2023-10-05$89.74$95.0037.1%9.6%22.3%68.2%32.4%5.8%-2.4%-221.0K42.7M-715.9K0.4316.3272230942,87021,007
2023-10-06$91.31$95.0035.1%9.0%23.7%60.0%31.4%5.7%-1.8%-62.1K30.8M-744.3K0.8616.5759751143,09921,126
2023-10-09$93.11$95.0038.6%9.3%25.1%74.7%32.6%5.1%-2.2%360.6K13.0M-777.1K0.7813.2964950443,33621,281
2023-10-10$93.07$95.0038.2%9.1%25.1%73.0%31.4%5.5%-2.4%337.5K13.4M-763.6K0.2419.591,62139043,77221,391
2023-10-11$94.52$95.0030.6%8.8%25.8%40.6%31.1%5.4%-2.1%990.3K-4.3M-802.0K1.2111.8378895244,92421,400
2023-10-12$94.27$95.0030.2%8.7%25.1%38.9%29.6%5.5%-2.3%1.1M-3.2M-789.6K0.4515.5980736445,18421,475
2023-10-13$94.19$95.0031.5%9.0%25.1%46.0%31.0%5.4%-1.9%1.1M-3.7M-796.7K1.2515.6948160245,43921,663
2023-10-16$94.88$95.0031.3%9.0%25.3%44.9%30.9%5.4%-2.8%1.3M-8.6M-781.6K0.5126.061,13557945,70021,917
2023-10-17$93.45$95.0031.5%9.0%25.7%46.0%31.2%5.3%-2.5%535.3K9.7M-757.9K1.6018.7152884746,19822,012
2023-10-18$91.38$95.0031.8%9.1%26.7%47.3%30.5%6.1%-2.6%-311.7K33.6M-712.9K0.3357.283,9761,30346,36522,161
2023-10-19$85.77$95.0031.4%9.0%32.3%45.5%30.1%5.3%1.4%-1.3M92.1M-588.4K1.2553.874,0255,03547,62323,358
2023-10-20$86.36$92.5030.8%8.8%32.3%42.7%28.6%5.0%-0.4%459.4K81.4M-629.5K1.2512.522,7103,37447,69223,736
2023-10-23$86.91$92.5030.5%8.8%32.4%41.6%27.9%5.5%-0.4%299.5K35.5M-663.4K0.1942.001,84734834,93318,070
2023-10-24$88.05$92.5026.2%7.5%32.8%22.3%27.2%4.9%4.1%695.3K25.9M-690.8K2.1314.156171,31636,01218,253
2023-10-25$87.10$92.5031.0%8.9%32.4%43.6%28.6%5.6%0.3%491.0K32.8M-690.5K0.4636.0459126936,38119,382
2023-10-26$91.62$92.5028.4%8.1%36.0%32.2%28.7%4.8%1.8%1.5M-4.6M-778.3K0.2839.492,14559936,51419,424
2023-10-27$89.72$92.5029.8%8.6%36.7%38.5%29.9%4.8%1.4%1.3M10.7M-741.2K0.3635.8456520437,37519,400
2023-10-30$90.28$90.0030.4%8.7%36.8%41.2%29.9%5.3%2.4%1.4M6.2M-745.8K0.559.9565136037,68519,466
2023-10-31$92.93$90.0028.8%8.2%36.4%33.8%29.6%5.0%1.8%2.3M-20.0M-797.5K0.8612.6789076638,02319,595