CCI Options History — December 2025

In December 2025, CCI traded between $86.25 and $91.68. ATM implied volatility averaged 22.9%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 2.3% (HV 20d: 20.7%). Max pain ranged from $90.00 to $95.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2025-12-18: Highest Volume — 2,694 contracts
  • 2025-12-31: Largest IV drop — 8.2% change
  • 2025-12-03: Highest IV Rank — 25.0%
  • 2025-12-03: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.79$86.25$91.68$88.40$89.10
Max Pain$92.73$90.00$95.00$92.50$90.00
ATM IV22.9%18.8%26.6%25.9%18.8%
Expected Move6.5%5.4%7.6%7.4%5.4%
HV 20d20.7%15.4%25.8%25.8%15.4%
HV 60d21.0%20.5%22.5%22.5%20.5%
IV Rank11.8%0.0%25.0%22.5%0.0%
IV Percentile20.1%0.0%63.5%56.3%0.0%
Term Structure1.3%-3.6%5.6%-2.1%5.6%
VWIV23.0%19.5%26.9%26.2%20.5%
Skew 25d2.1%-0.5%4.6%-0.5%1.5%
Skew 10d3.8%0.8%7.1%1.5%4.7%
Call IV 25d21.8%18.8%25.7%25.7%20.0%
Put IV 25d23.9%21.0%28.1%25.2%21.5%
Bid-Ask Spread %72.5661.6979.9863.7273.17
Gamma HHI0.110.090.130.120.10
Net GEX-249.3K-1.1M585.7K-491.9K183.9K
Net DEX17.5M4.8M31.0M27.0M4.8M
Net VEX-458.3K-499.6K-417.7K-468.8K-450.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.113.651.510.94
Total Volume851.6822352,694990262
Total OI41,797.68238,62743,74441,83940,122

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-12-01$88.40$92.5025.9%7.4%25.8%22.5%26.2%-0.5%-2.1%-491.9K27.0M-468.8K1.5163.7239459627,06714,772
2025-12-02$88.27$92.5026.5%7.6%25.0%24.6%25.7%4.6%-3.6%-646.0K25.9M-482.7K0.4361.6938216527,06515,056
2025-12-03$88.03$92.5026.6%7.6%24.6%25.0%26.9%1.5%-3.3%-798.0K31.0M-459.3K0.9966.6231431027,16015,087
2025-12-04$88.46$95.0025.2%6.9%24.7%19.9%24.2%3.2%2.2%-701.6K28.3M-464.4K1.2771.1923429727,33515,291
2025-12-05$89.28$95.0024.5%6.5%24.3%17.4%23.2%1.8%2.7%-283.7K23.5M-472.2K0.7775.9237228627,31615,379
2025-12-08$90.89$95.0024.7%6.8%25.0%18.2%23.9%0.1%1.7%114.3K12.4M-470.8K0.5076.9328014027,53115,413
2025-12-09$90.17$95.0024.4%6.7%22.1%16.8%25.3%1.4%2.8%-131.3K16.9M-482.8K0.2175.6776216027,53115,436
2025-12-10$91.07$95.0022.8%6.5%20.4%11.1%24.0%0.1%3.3%371.0K7.4M-499.6K0.4374.9146020028,01115,550
2025-12-11$91.68$95.0023.2%6.6%20.5%12.6%23.5%1.7%1.4%585.7K5.3M-491.2K0.6972.6625517628,04115,562
2025-12-12$91.06$95.0022.9%6.6%18.2%11.5%23.8%2.7%1.7%361.3K10.2M-483.5K0.1179.191,41615128,11815,626
2025-12-15$89.36$95.0021.9%6.3%19.3%8.0%22.7%3.1%2.5%-77.9K21.9M-463.6K0.8366.4478064428,09715,468
2025-12-16$88.06$92.5023.2%6.6%19.4%12.5%23.8%2.3%3.5%-594.5K21.5M-445.5K1.2679.9822328228,03414,728
2025-12-17$88.40$92.5022.7%6.5%19.2%10.8%23.9%2.9%2.4%-574.8K19.1M-452.7K1.1675.6223627328,04214,700
2025-12-18$87.20$92.5022.2%6.4%19.7%9.1%22.0%3.3%1.7%-1.1M27.7M-430.1K3.6576.235792,11528,11414,818
2025-12-19$86.47$92.5020.6%5.9%19.8%3.0%21.0%0.8%2.3%-715.9K27.2M-417.7K1.0577.031,2881,34828,33814,280
2025-12-22$86.25$92.5021.2%6.1%19.8%5.5%20.1%2.1%-0.3%-759.4K24.0M-423.9K0.4667.7780036725,46713,160
2025-12-23$87.37$90.0022.5%6.5%19.7%10.1%22.3%4.0%-2.3%-373.7K17.4M-440.0K0.2466.6146611126,01313,237
2025-12-24$87.81$90.0021.3%6.1%19.1%5.8%20.0%2.3%1.1%-125.2K11.1M-451.5K0.4575.431627326,23813,132
2025-12-26$88.28$90.0021.9%6.3%18.9%8.0%19.5%3.7%0.9%-36.3K9.8M-442.4K0.2574.3142010526,31213,114
2025-12-29$88.77$90.0020.8%6.0%18.8%3.9%21.1%1.6%2.5%120.6K6.4M-444.9K0.6972.5435524626,58113,141
2025-12-30$89.00$90.0020.5%5.9%15.4%2.7%21.7%1.9%1.5%172.4K6.1M-444.8K0.7372.5914610626,72613,340
2025-12-31$89.10$90.0018.8%5.4%15.4%0.0%20.5%1.5%5.6%183.9K4.8M-450.3K0.9473.1713512726,75113,371