CCI Options History — November 2023

In November 2023, CCI traded between $92.10 and $117.07. ATM implied volatility averaged 26.0%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 13.8% (HV 20d: 39.8%). Max pain ranged from $90.00 to $105.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2023-11-27: Highest Volume — 10,176 contracts
  • 2023-11-08: Largest IV spike — 13.6% change
  • 2023-11-09: Highest IV Rank — 30.1%
  • 2023-11-02: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$102.16$92.10$117.07$92.10$117.07
Max Pain$94.76$90.00$105.00$90.00$105.00
ATM IV26.0%23.7%27.9%27.7%27.3%
Expected Move7.6%6.8%8.1%7.9%7.8%
HV 20d39.8%34.6%46.4%36.5%36.0%
HV 60d30.6%26.0%33.9%26.0%33.8%
IV Rank21.6%11.3%30.1%29.2%27.3%
IV Percentile19.1%1.2%39.7%32.9%34.9%
Term Structure-2.0%-4.8%2.3%2.3%-4.2%
VWIV26.2%22.5%28.3%28.2%26.0%
Skew 25d3.8%1.0%5.2%4.7%1.5%
Skew 10d8.1%3.4%23.1%8.6%4.9%
Call IV 25d24.0%21.1%26.1%26.1%25.5%
Put IV 25d27.8%25.2%30.8%30.8%27.0%
Bid-Ask Spread %23.276.3069.0769.0712.53
Gamma HHI0.180.110.340.110.21
Net GEX5.0M2.4M8.5M2.4M6.5M
Net DEX-117.3M-276.2M-12.7M-12.7M-276.2M
Net VEX-846.0K-926.5K-772.2K-772.2K-926.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.163.260.470.18
Total Volume3,380.57164810,1769444,701
Total OI61,535.90556,03274,16057,57674,160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$92.10$90.0027.7%7.9%36.5%29.2%28.2%4.7%2.3%2.4M-12.7M-772.2K0.4769.0764230238,34219,234
2023-11-02$98.00$90.0025.9%8.1%42.4%21.2%28.3%4.8%-2.0%4.5M-78.0M-852.6K0.5810.462,1941,27038,60719,345
2023-11-03$98.82$92.5023.9%7.8%42.1%12.5%26.0%5.2%-1.1%4.8M-86.3M-847.1K0.6130.482,4011,45838,92719,472
2023-11-06$96.98$92.5025.0%8.0%42.4%17.3%27.9%5.2%-2.0%4.4M-66.3M-822.9K0.566.3062834939,75119,212
2023-11-07$96.62$92.5024.0%7.8%42.5%12.9%27.1%4.6%-2.0%4.3M-61.6M-809.2K0.317.9885026339,93619,348
2023-11-08$96.98$92.5027.3%7.8%42.2%27.3%26.0%5.1%-1.7%4.5M-63.6M-808.9K0.2412.2687921340,16519,433
2023-11-09$95.20$92.5027.9%8.0%42.7%30.1%27.1%5.0%-1.9%3.8M-43.5M-786.2K0.4112.4284334640,35419,470
2023-11-10$95.64$92.5027.8%8.0%42.8%29.4%27.2%4.3%-3.0%4.0M-49.3M-790.5K0.279.1089323840,62719,681
2023-11-13$95.78$92.5027.7%7.9%42.7%29.0%27.5%4.7%-2.5%4.3M-51.8M-781.8K0.418.5192537640,96219,757
2023-11-14$101.22$92.5027.0%7.7%46.4%25.9%27.6%1.7%-4.8%6.4M-123.7M-834.9K0.8647.171,6341,40541,23319,912
2023-11-15$103.48$95.0026.6%7.6%45.8%24.3%27.1%4.2%-2.1%7.5M-153.8M-861.3K0.4954.262,2281,09541,70620,272
2023-11-16$104.07$95.0026.2%7.5%37.7%22.2%26.6%3.4%-2.3%8.5M-160.5M-876.8K0.2951.161,61646742,30720,439
2023-11-17$103.98$95.0025.5%7.3%37.9%19.4%24.9%3.8%-1.9%4.9M-154.6M-858.2K0.3111.302,04364042,29920,550
2023-11-20$104.44$95.0024.8%7.1%37.9%16.4%25.0%4.4%-1.5%5.3M-129.4M-846.7K0.409.692,05182838,22917,803
2023-11-21$103.63$95.0024.8%7.1%38.3%16.3%24.8%3.1%-1.7%5.3M-118.7M-817.6K3.2651.471,4404,69438,21417,843
2023-11-22$103.01$95.0023.7%6.8%38.0%11.3%22.5%4.0%-0.5%4.4M-97.3M-896.0K3.1322.886522,04238,42922,367
2023-11-24$103.52$95.0023.9%6.8%34.6%12.2%23.0%4.1%-1.3%4.3M-103.3M-891.2K1.889.1422542338,61223,044
2023-11-27$107.59$95.0025.9%7.4%34.9%21.0%25.3%2.0%-1.9%5.0M-159.5M-883.7K1.4438.674,1686,00838,60723,250
2023-11-28$111.57$100.0026.1%7.5%36.2%22.1%25.9%3.4%-3.3%5.5M-211.4M-902.4K0.816.674,3273,51940,30728,117
2023-11-29$115.73$105.0027.3%7.8%36.8%27.2%27.1%1.0%-3.5%5.2M-262.2M-898.5K0.167.248,3491,36740,90431,027
2023-11-30$117.07$105.0027.3%7.8%36.0%27.3%26.0%1.5%-4.2%6.5M-276.2M-926.5K0.1812.533,99370842,75231,408