CCI Options History — March 2024

In March 2024, CCI traded between $102.54 and $113.20. ATM implied volatility averaged 28.3%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.2% (HV 20d: 25.1%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.41.

Notable Days

  • 2024-03-13: Highest Volume — 24,943 contracts
  • 2024-03-12: Largest IV drop — 23.5% change
  • 2024-03-11: Highest IV Rank — 64.3%
  • 2024-03-01: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.73$102.54$113.20$110.68$105.46
Max Pain$106.00$100.00$110.00$110.00$110.00
ATM IV28.3%25.6%35.7%28.7%27.2%
Expected Move7.7%7.3%8.2%8.2%7.8%
HV 20d25.1%21.8%27.4%27.4%23.0%
HV 60d24.5%23.5%25.4%23.9%25.2%
IV Rank36.2%20.2%64.3%33.6%35.2%
IV Percentile54.8%24.2%97.6%63.1%46.4%
Term Structure-0.4%-1.8%1.0%-1.8%-1.0%
VWIV26.7%20.1%28.8%27.6%27.1%
Skew 25d1.8%0.8%2.9%2.5%2.0%
Skew 10d4.0%2.2%7.6%7.6%4.0%
Call IV 25d26.4%25.5%27.1%26.2%26.8%
Put IV 25d28.2%26.7%29.8%28.7%28.8%
Bid-Ask Spread %63.0644.1074.9959.4057.33
Gamma HHI0.210.130.340.260.15
Net GEX3.2M42.1K7.1M5.1M1.4M
Net DEX-67.5M-167.6M15.1M-129.2M-16.3M
Net VEX-814.8K-890.3K-755.1K-890.3K-839.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.0612.960.7212.96
Total Volume2,997.866624,9438414,119
Total OI60,322.3553,11564,37362,92862,523

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$110.68$110.0028.7%8.2%27.4%33.6%27.6%2.5%-1.8%5.1M-129.2M-890.3K0.7259.4048935237,81125,117
2024-03-04$112.83$100.0030.1%7.7%26.8%40.0%27.2%1.5%-0.9%6.3M-160.1M-883.4K0.4265.401,44261138,10625,213
2024-03-05$111.36$100.0031.5%8.0%25.5%45.8%27.7%1.5%-1.3%5.6M-138.9M-864.8K0.6268.341,39886638,23025,187
2024-03-06$112.02$100.0031.0%7.8%24.7%43.8%27.1%2.0%0.0%6.0M-145.4M-865.4K1.0972.1347051338,21925,289
2024-03-07$111.59$100.0030.8%7.8%24.6%42.9%27.1%1.5%-0.1%5.7M-143.6M-843.2K0.7971.9537329338,22925,365
2024-03-08$113.20$100.0029.4%7.5%25.0%36.8%26.5%1.2%0.0%7.1M-167.6M-828.2K0.5571.4565736438,37225,384
2024-03-11$112.30$100.0035.7%7.7%25.1%64.3%26.4%1.2%0.4%6.7M-153.6M-813.5K0.6574.9972747038,56325,440
2024-03-12$110.80$100.0027.3%7.5%25.7%27.3%25.8%1.3%0.7%5.3M-128.6M-799.3K0.3172.601,68751938,64825,626
2024-03-13$110.30$100.0025.7%7.4%21.8%20.2%20.1%0.8%0.7%6.2M-122.2M-791.0K0.0673.7923,5211,42238,70925,664
2024-03-14$105.67$110.0027.7%7.9%26.4%37.4%27.4%2.2%1.0%42.1K-9.8M-802.9K0.6659.961,9701,29233,38425,602
2024-03-15$106.04$110.0027.3%7.8%26.0%35.6%27.2%2.1%-0.1%668.4K-19.9M-810.8K0.8161.3476262033,64725,667
2024-03-18$104.94$110.0027.7%7.9%26.2%37.6%27.4%1.9%-1.1%1.3M-11.7M-785.3K0.3861.261,29348730,18622,929
2024-03-19$104.54$110.0026.5%7.6%26.0%31.1%26.5%2.2%-0.3%1.2M-6.0M-779.7K0.1763.851,34722630,97423,279
2024-03-20$104.42$110.0026.6%7.6%25.8%31.3%26.6%1.9%-0.6%1.3M-7.3M-783.6K0.3568.4096533631,90923,333
2024-03-21$103.95$110.0026.2%7.5%25.8%29.0%26.5%1.5%-0.2%1.2M-1.8M-779.5K0.4149.6379933132,50123,472
2024-03-22$103.00$110.0025.6%7.3%25.3%25.7%26.2%1.8%-0.1%556.8K10.6M-755.1K0.8654.0981570532,59523,641
2024-03-25$103.49$110.0026.8%7.7%23.6%32.5%27.1%2.0%-0.8%693.2K4.5M-770.8K1.0552.0859462433,18124,196
2024-03-26$102.54$110.0027.6%7.9%23.8%37.4%28.8%2.9%-1.3%144.8K15.1M-764.2K4.8859.128694,24533,42424,624
2024-03-27$105.54$110.0027.6%7.9%24.0%37.0%27.7%1.3%-1.3%1.5M-17.7M-845.9K0.4144.1097840533,85628,352
2024-03-28$105.46$110.0027.2%7.8%23.0%35.2%27.1%2.0%-1.0%1.4M-16.3M-839.2K12.9657.332953,82434,09628,427