CCI Options History — February 2024

In February 2024, CCI traded between $104.44 and $110.80. ATM implied volatility averaged 28.3%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 0.0% (HV 20d: 28.3%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.78.

Notable Days

  • 2024-02-28: Highest Volume — 5,528 contracts
  • 2024-02-05: Largest IV spike — 10.1% change
  • 2024-02-21: Highest IV Rank — 42.1%
  • 2024-02-21: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.67$104.44$110.80$110.80$110.53
Max Pain$108.50$105.00$110.00$110.00$105.00
ATM IV28.3%24.8%30.6%24.8%28.7%
Expected Move8.2%7.6%8.8%7.6%8.2%
HV 20d28.3%25.1%30.5%25.1%28.5%
HV 60d25.8%23.1%27.4%26.5%23.9%
IV Rank31.8%16.3%42.1%16.3%33.6%
IV Percentile57.9%15.5%81.7%15.5%63.5%
Term Structure-1.3%-3.7%0.2%0.2%-1.8%
VWIV28.0%25.2%29.6%25.2%29.5%
Skew 25d2.6%1.6%3.7%2.7%2.1%
Skew 10d6.4%3.4%16.7%5.3%16.7%
Call IV 25d26.6%24.5%28.4%24.5%26.8%
Put IV 25d29.2%27.2%30.9%27.2%28.8%
Bid-Ask Spread %68.0849.4478.2870.0065.47
Gamma HHI0.180.150.250.240.25
Net GEX2.2M-69.0K5.1M5.1M4.7M
Net DEX-74.0M-122.4M-23.6M-115.9M-122.4M
Net VEX-975.3K-1.0M-886.6K-1.0M-892.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.780.1211.840.122.85
Total Volume1,851.94195,5281,4394,298
Total OI67,08062,79271,64564,73263,831

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$110.80$110.0024.8%7.6%25.1%16.3%25.2%2.7%0.2%5.1M-115.9M-1.0M0.1270.001,28015938,36426,368
2024-02-02$108.29$110.0025.5%7.9%26.0%19.4%26.7%2.9%-0.3%3.8M-78.9M-1.0M3.0566.606672,03539,17426,378
2024-02-05$105.59$110.0028.1%8.2%27.2%30.7%27.5%3.3%-0.5%2.0M-42.0M-993.2K0.6661.6887957739,29126,638
2024-02-06$107.68$110.0026.5%8.0%28.2%23.8%29.2%3.1%-0.1%3.4M-75.9M-1.0M11.8470.252392,83039,68826,641
2024-02-07$107.00$110.0028.8%8.2%28.2%33.9%27.1%2.3%-1.9%2.0M-60.0M-1.0M1.2672.6034743639,73729,050
2024-02-08$107.18$110.0028.3%8.1%28.2%32.0%28.4%2.8%-1.4%1.9M-63.4M-1.0M2.6972.7435795939,82929,232
2024-02-09$108.23$110.0027.4%7.9%28.5%28.0%27.1%2.9%-0.2%2.8M-79.1M-1.0M0.3678.2861922340,04329,327
2024-02-12$108.25$110.0027.7%7.9%28.5%29.1%28.0%3.3%-1.1%3.0M-80.1M-995.9K0.4474.141,63672240,29529,374
2024-02-13$104.44$110.0029.6%8.5%30.5%37.4%28.6%3.7%-1.6%-69.0K-23.6M-975.3K0.5266.851,33469040,85929,963
2024-02-14$106.31$105.0029.1%8.3%30.1%35.2%27.6%3.7%-1.4%1.1M-53.4M-982.6K0.6949.4437826241,35230,187
2024-02-15$107.77$105.0028.3%8.1%30.5%31.6%27.7%2.3%-0.4%2.6M-79.1M-992.6K0.6872.0635824341,39730,006
2024-02-16$107.93$105.0027.8%8.0%30.4%29.7%27.8%2.3%-0.5%1.4M-75.5M-991.5K0.8065.241,2961,03341,60430,041
2024-02-20$108.69$110.0029.9%8.6%30.5%38.9%29.6%2.6%-1.8%2.0M-86.4M-974.3K0.6967.301,06973735,33327,459
2024-02-21$107.50$110.0030.6%8.8%30.5%42.1%28.6%1.7%-3.7%1.4M-73.2M-957.7K0.3470.941,14639335,84427,732
2024-02-22$107.72$110.0028.5%8.2%29.5%32.6%27.5%2.6%-0.8%1.7M-76.5M-948.1K0.3571.8157720336,74028,034
2024-02-23$109.03$110.0028.1%8.1%25.1%31.0%27.9%1.8%-1.3%2.4M-96.8M-938.5K0.6674.0825316636,87128,091
2024-02-26$106.02$110.0029.8%8.5%26.2%38.5%28.6%2.5%-3.1%715.9K-53.0M-900.7K0.4371.4290839137,02728,105
2024-02-27$105.68$105.0029.4%8.4%26.1%36.9%28.8%2.1%-2.9%383.2K-50.2M-886.6K1.6957.316731,13737,19028,320
2024-02-28$108.67$105.0028.9%8.3%27.9%34.5%28.0%1.6%-1.8%2.1M-94.0M-894.3K5.4463.368584,67037,28528,900
2024-02-29$110.53$105.0028.7%8.2%28.5%33.6%29.5%2.1%-1.8%4.7M-122.4M-892.4K2.8565.471,1163,18237,42826,403