CION Options History — April 2024

In April 2024, CION traded between $10.82 and $11.48. ATM implied volatility averaged 65.8%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 47.9% (HV 20d: 17.9%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2024-04-03: Highest Volume — 55 contracts
  • 2024-04-18: Largest IV spike — 83.5% change
  • 2024-04-09: Highest IV Rank — 48.5%
  • 2024-04-26: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.16$10.82$11.48$11.11$11.41
Max Pain$11.59$10.00$12.50$10.00$12.50
ATM IV65.8%28.1%86.9%64.9%78.2%
Expected Move17.1%8.1%23.5%18.6%22.4%
HV 20d17.9%15.6%20.7%17.0%15.7%
HV 60d17.8%17.1%18.4%17.6%17.9%
IV Rank34.3%8.8%48.5%33.7%42.7%
IV Percentile81.7%30.2%95.2%87.3%91.3%
Term Structure-39.3%-117.1%3.0%-56.1%-10.7%
VWIV82.3%18.5%155.8%94.2%45.0%
Skew 25d4.8%-40.0%22.8%1.6%22.8%
Skew 10d21.0%-67.7%132.5%-65.4%131.9%
Call IV 25d31.3%20.5%87.9%25.9%29.1%
Put IV 25d36.0%25.8%53.8%27.5%51.9%
Bid-Ask Spread %124.2790.56145.3999.96114.57
Gamma HHI0.360.310.410.390.36
Net GEX7.3K5.1K10.6K5.7K8.3K
Net DEX-102.9K-147.4K-59.9K-102.4K-147.4K
Net VEX-861-959-794-797-915
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.005.005.000.00
Total Volume8.0910552410
Total OI605.864543632543603

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$11.11$10.0064.9%18.6%17.0%33.7%0.0%1.6%-56.1%5.7K-102.4K-7975.0099.96420367176
2024-04-02$11.07$10.0055.6%16.0%17.1%27.5%0.0%4.4%-46.8%5.3K-90.0K-7970.0090.5600370196
2024-04-03$11.13$10.0071.6%20.5%17.0%38.2%0.0%3.8%-65.4%5.5K-99.3K-8410.0098.47550370196
2024-04-04$11.05$10.0070.4%12.1%17.3%37.4%0.0%4.5%-37.2%6.7K-102.2K-9590.00135.5630425196
2024-04-05$11.09$10.0073.9%11.3%16.9%39.8%0.0%5.4%-32.2%6.9K-103.3K-9500.00145.3900422196
2024-04-08$11.13$10.0086.4%15.8%16.9%48.2%0.0%0.7%-72.5%7.3K-105.3K-9290.00133.7860422196
2024-04-09$11.02$10.0086.9%12.9%17.2%48.5%0.0%-2.6%-40.3%6.8K-88.8K-8930.00133.3500428196
2024-04-10$10.88$10.0046.8%13.4%17.7%21.4%94.2%6.6%-39.7%5.6K-62.8K-8300.00140.0002428196
2024-04-11$11.11$12.5043.6%12.5%19.3%19.3%0.0%3.2%-48.0%7.5K-98.4K-8940.00138.9900428198
2024-04-12$11.02$12.5028.1%8.1%19.4%8.8%0.0%11.1%3.0%6.3K-73.0K-8340.00136.5230428198
2024-04-15$10.82$12.5047.6%13.6%20.4%22.0%0.0%0.5%-47.7%5.4K-59.9K-8230.00136.0040429198
2024-04-16$10.84$12.5046.0%13.2%19.7%21.0%0.0%-0.4%-46.0%5.1K-63.8K-8580.00139.6310425206
2024-04-17$11.04$12.5043.6%12.5%20.7%19.3%0.0%4.0%-47.6%6.5K-87.7K-8700.00138.6500426206
2024-04-18$11.11$12.5080.0%22.9%20.5%43.9%0.0%-25.5%-117.1%6.6K-101.0K-8810.00140.3700426206
2024-04-19$11.21$12.5080.4%23.1%18.9%44.2%0.0%-40.0%-116.8%8.0K-104.5K-8190.00144.1690426206
2024-04-22$11.32$12.5070.6%20.3%18.4%37.6%0.0%14.8%-8.0%9.2K-118.3K-8410.00104.0570405182
2024-04-23$11.36$12.5074.4%21.3%18.3%40.1%18.5%18.9%-8.1%10.1K-116.1K-7940.00111.83100402182
2024-04-24$11.43$12.5072.2%20.7%18.2%38.6%0.0%20.7%-4.5%8.3K-138.1K-8870.00119.01280402182
2024-04-25$11.38$12.5080.1%23.0%15.7%43.9%0.0%14.0%-8.7%9.1K-121.5K-8480.00124.1110412182
2024-04-26$11.43$12.5082.1%23.5%15.7%45.3%155.8%16.9%-8.8%10.6K-134.2K-8380.00111.2560413182
2024-04-29$11.48$12.5064.4%18.5%15.6%33.3%98.2%19.5%-5.8%10.0K-146.4K-8410.0097.7490414182
2024-04-30$11.41$12.5078.2%22.4%15.7%42.7%45.0%22.8%-10.7%8.3K-147.4K-9150.00114.57010421182