CCI Options History — September 2025

In September 2025, CCI traded between $92.76 and $97.83. ATM implied volatility averaged 25.3%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 2.9% (HV 20d: 22.4%). Max pain ranged from $85.00 to $100.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.85.

Notable Days

  • 2025-09-12: Highest Volume — 263,187 contracts
  • 2025-09-24: Largest IV spike — 6.7% change
  • 2025-09-15: Highest IV Rank — 29.6%
  • 2025-09-15: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.93$92.76$97.83$97.83$96.31
Max Pain$95.48$85.00$100.00$85.00$95.00
ATM IV25.3%23.3%27.9%25.3%24.6%
Expected Move7.2%6.7%8.0%7.3%7.1%
HV 20d22.4%19.0%24.7%19.9%22.6%
HV 60d23.5%22.3%24.1%22.5%23.5%
IV Rank20.4%13.0%29.6%20.4%17.7%
IV Percentile51.9%20.2%73.8%57.5%41.7%
Term Structure1.4%-1.1%4.5%-1.1%1.3%
VWIV25.4%23.8%28.0%24.9%25.7%
Skew 25d2.6%1.4%4.1%4.1%2.8%
Skew 10d4.1%0.9%5.5%5.3%5.0%
Call IV 25d24.4%22.6%27.1%23.9%24.0%
Put IV 25d27.0%25.4%29.7%28.0%26.8%
Bid-Ask Spread %67.1960.1078.6078.6069.53
Gamma HHI0.190.140.290.140.16
Net GEX2.2M-783.5K7.0M4.5M239.1K
Net DEX-61.3M-198.0M35.4M-198.0M-11.4M
Net VEX-549.1K-576.5K-519.2K-565.4K-564.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.003.273.270.27
Total Volume14,154.762589263,1873,046905
Total OI64,971.66741,76983,71577,46045,071

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-09-02$97.83$85.0025.3%7.3%19.9%20.4%24.9%4.1%-1.1%4.5M-198.0M-565.4K3.2778.607132,33361,33516,125
2025-09-03$97.16$85.0026.4%7.6%19.0%24.3%26.8%2.1%-0.4%4.1M-183.5M-576.5K0.4270.121,05144461,58318,256
2025-09-04$95.59$100.0025.8%6.9%19.1%21.9%24.3%2.9%0.6%4.4M-157.6M-556.0K1.2367.4567182761,65018,548
2025-09-05$96.27$100.0025.9%6.7%19.3%22.3%24.2%3.2%1.3%3.4M-172.0M-548.4K2.0768.1534772062,06119,090
2025-09-08$93.07$100.0026.0%7.1%21.5%22.8%24.9%2.4%0.6%7.0M-114.0M-519.2K0.5965.921,8411,09162,15919,330
2025-09-09$94.28$100.0024.4%6.9%22.5%17.1%25.1%2.4%2.8%6.1M-141.1M-528.9K0.2764.081,18631862,86619,763
2025-09-10$94.23$100.0025.9%7.4%22.0%22.4%26.0%2.1%2.7%5.3M-137.7M-548.0K0.1266.121,37116062,59119,919
2025-09-11$95.40$97.5025.2%7.2%22.8%19.7%26.1%2.6%1.3%5.7M-157.0M-548.4K0.9565.0389885762,84619,964
2025-09-12$95.69$95.0026.3%7.5%22.7%23.8%26.3%1.4%0.8%4.6M-162.9M-557.9K0.0069.64262,84833963,08920,626
2025-09-15$93.47$97.5027.9%8.0%23.4%29.6%28.0%2.6%0.7%292.6K35.4M-543.7K1.7060.106941,18244,49120,833
2025-09-16$93.83$95.0026.0%7.5%23.4%22.8%26.0%3.8%4.5%619.8K21.2M-551.2K0.2771.831,84449744,66820,254
2025-09-17$95.03$95.0025.6%7.3%23.0%21.4%26.4%2.1%0.9%2.4M2.2M-558.4K0.2072.642,37848045,35720,228
2025-09-18$92.76$95.0025.5%7.3%23.6%20.9%25.0%2.2%0.3%-658.6K33.9M-537.7K2.7165.394451,20545,65620,307
2025-09-19$94.19$95.0024.1%6.9%24.7%15.8%23.8%2.6%2.6%1.5M25.2M-554.3K0.4366.541,63571045,79121,176
2025-09-22$94.34$95.0024.5%7.0%24.3%17.4%25.1%2.8%1.6%-728.5K9.8M-541.1K0.1661.371,75028225,38916,380
2025-09-23$94.22$95.0024.5%7.0%24.3%17.2%24.5%2.2%1.8%-563.2K8.4M-544.4K0.5965.1953831626,35616,474
2025-09-24$93.69$95.0026.1%7.5%23.6%23.2%26.5%3.1%0.9%-772.4K13.3M-537.4K1.1262.0948153726,45016,528
2025-09-25$94.13$95.0025.1%7.2%23.8%19.6%25.3%2.5%1.5%-783.5K10.4M-545.3K0.2166.3348610326,62016,927
2025-09-26$95.25$95.0023.8%6.8%22.5%14.9%24.0%2.5%1.7%-356.5K1.2M-549.7K0.9265.7456251726,75516,916
2025-09-29$96.78$95.0023.3%6.7%22.8%13.0%24.4%2.7%2.4%320.2K-12.5M-554.6K0.3869.081,22746126,91917,058
2025-09-30$96.31$95.0024.6%7.1%22.6%17.7%25.7%2.8%1.3%239.1K-11.4M-564.4K0.2769.5371219327,79217,279