CCI Options History — August 2024

In August 2024, CCI traded between $109.10 and $114.95. ATM implied volatility averaged 23.7%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 0.1% (HV 20d: 23.8%). Max pain ranged from $97.50 to $110.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2024-08-01: Highest Volume — 11,832 contracts
  • 2024-08-05: Largest IV spike — 29.4% change
  • 2024-08-05: Highest IV Rank — 73.4%
  • 2024-08-05: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.25$109.10$114.95$112.07$111.84
Max Pain$107.95$97.50$110.00$97.50$110.00
ATM IV23.7%20.6%33.9%24.4%21.1%
Expected Move6.8%5.9%9.0%7.0%6.0%
HV 20d23.8%21.6%29.5%21.6%21.7%
HV 60d22.6%21.6%23.6%21.6%22.2%
IV Rank15.7%0.0%73.4%19.1%2.5%
IV Percentile21.1%0.0%95.2%23.4%1.2%
Term Structure0.9%-0.8%2.4%0.4%0.9%
VWIV23.2%18.6%29.7%24.8%18.6%
Skew 25d3.8%2.7%6.2%3.2%2.8%
Skew 10d6.3%3.1%10.6%8.1%3.1%
Call IV 25d21.2%18.3%27.5%22.4%18.3%
Put IV 25d25.0%21.1%33.7%25.6%21.1%
Bid-Ask Spread %63.8742.5972.6166.0170.40
Gamma HHI0.160.140.210.160.16
Net GEX7.4M4.8M11.0M8.1M7.3M
Net DEX-183.1M-267.3M-126.3M-223.9M-177.4M
Net VEX-1.2M-1.4M-987.1K-1.2M-987.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.112.091.080.78
Total Volume1,995.81835011,83211,832350
Total OI79,307.68271,01584,23771,01577,817

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$112.07$97.5024.4%7.0%21.6%19.1%24.8%3.2%0.4%8.1M-223.9M-1.2M1.0866.015,6966,13645,40825,607
2024-08-02$114.95$97.5026.2%7.5%22.0%29.4%28.2%4.6%0.1%7.9M-267.3M-1.3M0.2955.855,6361,64448,81629,782
2024-08-05$111.17$105.0033.9%9.0%26.7%73.4%29.7%6.2%-0.8%7.2M-195.8M-1.4M0.2461.311,97747751,13930,788
2024-08-06$113.86$105.0025.0%7.5%27.3%22.4%26.2%5.4%0.3%8.6M-246.9M-1.3M0.1160.103,17135951,00030,877
2024-08-07$111.20$105.0028.9%8.1%29.5%44.5%26.8%4.5%-0.8%7.7M-213.2M-1.3M0.5363.1564634552,47231,018
2024-08-08$110.78$110.0025.8%7.6%24.9%26.8%23.2%5.1%0.4%7.4M-190.6M-1.3M0.4764.7778436851,77631,163
2024-08-09$110.17$110.0023.9%7.3%24.5%16.0%24.7%4.7%0.8%7.2M-176.0M-1.3M0.3464.9748416351,57931,221
2024-08-12$110.31$110.0026.0%7.0%23.9%28.0%27.0%4.3%1.1%7.5M-184.0M-1.2M2.0965.845441,13951,62431,279
2024-08-13$110.31$110.0027.0%7.0%23.9%34.0%22.3%4.2%0.5%7.1M-171.2M-1.2M0.3168.671,05132751,52232,119
2024-08-14$110.45$110.0023.7%6.8%23.3%14.8%24.4%3.9%0.8%7.8M-187.8M-1.2M0.3368.4366922051,78732,267
2024-08-15$109.10$110.0022.6%6.5%23.8%8.7%23.1%3.9%1.4%6.8M-153.4M-1.2M0.4172.6194039051,80232,309
2024-08-16$109.69$110.0021.4%6.1%23.8%1.9%21.0%4.0%1.7%11.0M-168.4M-1.1M0.3765.1383230451,84432,393
2024-08-19$109.46$110.0021.2%6.1%22.6%0.6%20.6%3.1%1.3%4.8M-126.3M-1.1M0.6559.0062040046,10828,486
2024-08-20$109.81$110.0021.7%6.2%22.5%3.4%21.4%3.1%1.3%5.2M-134.7M-1.1M0.7042.5923716646,43728,669
2024-08-21$109.67$110.0021.8%6.2%22.4%4.0%21.4%2.7%1.0%5.3M-135.4M-1.1M0.3561.0335712646,51728,752
2024-08-22$109.35$110.0021.9%6.3%22.5%4.6%22.7%4.0%1.7%5.0M-130.2M-1.1M0.6461.9847030246,71428,829
2024-08-23$112.25$105.0021.7%6.2%23.7%3.4%20.4%2.9%0.3%7.9M-182.2M-1.1M0.5163.771,24963546,93429,017
2024-08-26$113.05$110.0021.0%6.0%23.6%0.0%20.6%2.7%1.9%8.6M-193.2M-1.1M1.3761.879691,32347,31129,301
2024-08-27$113.40$110.0020.7%5.9%23.4%0.0%21.1%2.7%2.0%8.9M-199.4M-1.1M0.5869.0234620147,67529,540
2024-08-28$113.36$110.0020.6%5.9%23.3%0.0%21.3%2.8%2.4%8.9M-202.7M-1.0M0.2172.4979617147,82729,540
2024-08-29$111.32$110.0021.9%6.3%23.7%6.9%20.8%2.7%0.6%7.0M-168.5M-1.0M0.5166.1158830048,12929,574
2024-08-30$111.84$110.0021.1%6.0%21.7%2.5%18.6%2.8%0.9%7.3M-177.4M-987.1K0.7870.4019715348,06129,756