CCI Options History — April 2024

In April 2024, CCI traded between $93.52 and $104.28. ATM implied volatility averaged 29.0%, placing in the 45.2% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 7.9% (HV 20d: 21.1%). Max pain ranged from $97.50 to $110.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2024-04-18: Highest Volume — 10,850 contracts
  • 2024-04-10: Largest IV drop — 21.0% change
  • 2024-04-09: Highest IV Rank — 96.7%
  • 2024-04-17: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.34$93.52$104.28$104.28$94.19
Max Pain$105.45$97.50$110.00$110.00$97.50
ATM IV29.0%24.1%38.0%29.1%25.4%
Expected Move8.0%6.9%9.2%8.3%7.3%
HV 20d21.1%18.0%24.5%23.1%19.7%
HV 60d24.8%23.1%26.3%24.9%23.1%
IV Rank45.2%17.5%96.7%45.7%24.4%
IV Percentile60.2%13.1%99.2%74.2%21.8%
Term Structure0.1%-2.4%1.8%-2.3%1.0%
VWIV27.5%23.9%32.3%29.2%25.2%
Skew 25d2.4%1.6%3.5%2.1%2.0%
Skew 10d5.4%2.9%7.8%2.9%3.7%
Call IV 25d26.7%23.2%30.9%28.5%24.5%
Put IV 25d29.2%25.3%33.9%30.5%26.4%
Bid-Ask Spread %61.8753.3971.1961.5258.75
Gamma HHI0.140.120.190.130.14
Net GEX-1.7M-4.2M529.5K529.5K315.3K
Net DEX57.1M5.3M124.4M5.3M26.4M
Net VEX-753.3K-823.4K-695.0K-823.4K-770.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.093.700.710.09
Total Volume3,096.8181,00710,8502,3715,428
Total OI64,877.54552,76377,92763,49558,353

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$104.28$110.0029.1%8.3%23.1%45.7%29.2%2.1%-2.3%529.5K5.3M-823.4K0.7161.521,38498734,21729,278
2024-04-02$103.11$110.0028.9%8.3%21.7%44.5%29.1%2.6%-2.3%-371.8K20.7M-801.3K1.5160.0647571834,37329,619
2024-04-03$102.41$105.0029.8%8.5%21.5%49.6%28.9%1.7%-2.4%-1.1M33.0M-785.1K0.7656.361,04779234,51230,209
2024-04-04$101.22$110.0032.1%7.9%21.3%63.0%27.4%2.0%1.0%-1.6M47.1M-773.4K1.5966.1639963534,96830,464
2024-04-05$100.67$110.0032.9%7.8%21.3%67.6%26.8%2.2%0.8%-1.9M53.0M-762.2K0.6771.1973949735,14230,555
2024-04-08$100.19$110.0035.2%8.1%20.0%80.6%28.3%2.4%-0.1%-2.2M58.8M-743.0K1.3968.4853173835,35430,669
2024-04-09$101.70$110.0038.0%8.4%21.4%96.7%29.1%2.5%-0.6%-1.3M39.8M-768.0K1.6166.966481,04235,59630,863
2024-04-10$97.78$110.0030.0%8.6%24.5%51.2%30.2%3.5%-0.3%-3.2M86.2M-711.7K1.6364.582,1843,56635,93131,223
2024-04-11$97.68$110.0029.9%8.6%24.5%50.4%30.0%3.3%-0.8%-3.4M89.3M-739.7K0.3269.032,31472936,99532,851
2024-04-12$96.66$110.0031.0%8.9%20.5%56.5%31.1%3.3%-0.9%-3.4M96.4M-748.7K1.2070.228901,07238,33132,996
2024-04-15$95.54$110.0031.7%9.1%20.4%60.7%32.3%2.9%-0.9%-3.9M108.6M-723.0K3.7065.566792,51438,83333,387
2024-04-16$94.08$110.0031.9%9.2%20.6%62.0%31.2%3.1%-1.7%-4.2M123.1M-695.0K0.7364.012,6171,89938,98434,012
2024-04-17$93.52$110.0032.0%9.2%20.6%62.4%31.4%2.6%-0.9%-4.0M124.4M-703.4K0.5966.505,4303,20240,76734,069
2024-04-18$94.48$105.0026.2%7.5%21.3%29.0%24.3%2.1%1.5%-3.7M103.2M-735.2K1.6154.084,1556,69544,09833,829
2024-04-19$95.25$100.0025.9%7.4%21.8%27.6%24.7%2.6%0.8%-1.8M56.7M-755.0K0.6057.602,2031,32045,54031,725
2024-04-22$95.04$100.0025.2%7.2%21.8%23.3%24.7%2.5%1.3%-581.6K32.5M-748.5K0.4855.691,88191030,57422,189
2024-04-23$95.46$100.0024.3%7.0%21.7%18.1%24.2%2.1%1.3%-113.6K25.7M-765.6K0.4763.051,04449131,93022,517
2024-04-24$95.19$100.0024.2%6.9%21.7%17.6%23.9%2.1%1.7%-120.3K28.8M-759.2K0.2954.8378022732,33922,697
2024-04-25$94.06$97.5024.1%6.9%18.1%17.5%24.3%2.6%1.7%-471.0K37.9M-745.0K1.1855.8457167232,84122,722
2024-04-26$93.61$97.5024.8%7.1%18.0%21.1%23.9%2.2%1.8%-707.0K37.1M-750.2K0.6953.3965145233,03222,621
2024-04-29$95.28$97.5025.5%7.3%19.7%25.5%25.2%1.6%1.7%24.4K22.5M-765.9K0.1357.222,58433833,35722,744
2024-04-30$94.19$97.5025.4%7.3%19.7%24.4%25.2%2.0%1.0%315.3K26.4M-770.7K0.0958.754,98244635,47522,878