CCI Options History — January 2024

In January 2024, CCI traded between $105.76 and $116.48. ATM implied volatility averaged 25.5%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 5.8% (HV 20d: 19.7%). Max pain ranged from $105.00 to $115.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.27.

Notable Days

  • 2024-01-17: Highest Volume — 8,580 contracts
  • 2024-01-25: Largest IV drop — 23.9% change
  • 2024-01-24: Highest IV Rank — 44.4%
  • 2024-01-24: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.85$105.76$116.48$116.48$108.34
Max Pain$109.29$105.00$115.00$115.00$110.00
ATM IV25.5%21.8%31.1%23.4%24.5%
Expected Move7.5%6.5%8.9%6.7%7.0%
HV 20d19.7%16.3%25.0%18.0%24.6%
HV 60d30.6%26.2%32.5%32.1%26.2%
IV Rank19.4%3.2%44.4%10.1%15.1%
IV Percentile28.9%1.2%84.9%4.0%13.9%
Term Structure0.2%-1.7%3.4%3.3%1.0%
VWIV26.3%22.7%31.2%23.4%24.9%
Skew 25d2.0%1.2%3.1%1.9%1.8%
Skew 10d4.3%2.0%5.7%5.7%3.7%
Call IV 25d25.7%22.3%30.2%22.8%24.5%
Put IV 25d27.7%23.7%32.4%24.7%26.4%
Bid-Ask Spread %52.5125.0178.0067.7868.02
Gamma HHI0.190.140.260.160.21
Net GEX3.0M-798.3K5.0M5.0M3.3M
Net DEX-93.6M-159.6M-38.1M-159.6M-76.2M
Net VEX-980.0K-1.0M-917.7K-986.9K-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.270.1113.480.780.19
Total Volume3,211.6677438,5801,0711,681
Total OI68,484.85755,86280,09370,02463,798

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$116.48$115.0023.4%6.7%18.0%10.1%23.4%1.9%3.3%5.0M-159.6M-986.9K0.7867.7860346838,18631,838
2024-01-03$113.75$115.0022.7%6.5%19.7%7.0%23.0%1.6%3.4%3.9M-121.6M-996.5K8.5678.007046,02438,45231,868
2024-01-04$114.60$105.0022.5%7.3%20.0%6.3%25.5%1.9%0.1%4.6M-137.5M-969.3K2.8164.343591,00738,56231,829
2024-01-05$113.97$105.0021.8%7.4%19.9%3.2%25.5%2.2%-0.1%4.0M-126.4M-958.8K1.9169.396411,22538,70031,926
2024-01-08$114.61$105.0022.4%7.5%19.9%5.6%26.2%2.1%-0.6%4.9M-136.7M-948.1K1.2745.479091,15338,82831,935
2024-01-09$113.56$105.0021.9%7.4%19.6%3.5%25.9%2.4%-0.3%4.2M-122.3M-945.7K2.3860.1934080839,11631,997
2024-01-10$113.14$105.0025.9%7.4%18.8%21.0%26.1%2.4%-0.1%4.0M-117.9M-927.4K13.4855.883905,25839,15532,008
2024-01-11$112.48$110.0027.0%7.8%18.8%26.3%26.1%2.4%-0.9%3.6M-107.9M-917.7K5.2268.318544,45639,23432,044
2024-01-12$112.82$110.0025.7%7.4%16.8%20.4%27.0%2.1%-0.6%3.2M-97.1M-996.4K2.7430.217021,92439,41434,927
2024-01-16$110.92$110.0028.1%8.0%16.3%30.7%27.2%2.1%-1.0%1.9M-73.3M-948.6K0.6325.012,6241,64739,57335,313
2024-01-17$108.06$110.0029.2%8.4%17.5%35.7%29.0%3.1%-1.6%-798.3K-38.1M-975.8K2.9059.852,1996,38141,55935,914
2024-01-18$107.88$110.0029.0%8.3%17.4%35.1%29.0%2.2%-0.8%-667.1K-45.2M-977.6K1.3661.651,6342,22642,64135,854
2024-01-19$108.44$110.0028.1%8.1%16.7%31.0%28.4%2.0%-0.6%2.1M-53.1M-997.3K0.6152.5388553643,96136,132
2024-01-22$109.07$110.0029.6%8.5%16.4%37.4%28.8%2.5%-1.6%2.4M-81.7M-986.4K0.1125.235,30658032,11423,748
2024-01-23$108.00$110.0028.4%8.1%16.5%32.3%28.7%1.9%-1.7%2.2M-70.3M-979.8K0.3248.771,81758133,25924,121
2024-01-24$105.76$110.0031.1%8.9%17.4%44.4%31.2%2.2%-1.5%1.9M-49.3M-991.9K0.7544.742,6571,99634,47624,542
2024-01-25$110.58$110.0023.7%6.8%24.3%11.6%24.1%1.2%2.3%4.1M-108.6M-1.0M0.3727.512,67199835,76225,635
2024-01-26$108.56$110.0022.7%6.5%24.9%6.9%22.7%1.2%2.0%3.5M-85.0M-1.0M0.4447.911,00144137,02625,793
2024-01-29$108.91$110.0023.8%6.8%24.9%11.8%24.3%1.7%1.8%3.7M-85.3M-1.0M0.6835.3560641037,29226,047
2024-01-30$107.88$110.0024.1%6.9%25.0%13.1%24.4%1.6%1.1%3.0M-72.8M-1.0M0.2066.5261812537,34126,262
2024-01-31$108.34$110.0024.5%7.0%24.6%15.1%24.9%1.8%1.0%3.3M-76.2M-1.0M0.1968.021,41726437,48826,310