CION Options History — June 2024

In June 2024, CION traded between $11.92 and $12.43. ATM implied volatility averaged 32.7%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 15.3% (HV 20d: 17.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.02.

Notable Days

2024-06-20: Highest Volume — 47 contracts
2024-06-11: Largest IV spike — 126.3% change
2024-06-11: Highest IV Rank — 34.6%
2024-06-28: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.16	$11.92	$12.43	$12.25	$12.10
Max Pain	$12.08	$10.00	$12.50	$12.35	$10.00
ATM IV	32.7%	18.5%	66.2%	36.7%	50.4%
Expected Move	9.1%	5.3%	14.5%	10.5%	14.5%
HV 20d	17.4%	15.6%	19.1%	15.6%	18.3%
HV 60d	16.4%	15.8%	17.5%	15.8%	16.0%
IV Rank	11.9%	2.4%	34.6%	14.6%	23.9%
IV Percentile	33.9%	2.0%	80.2%	49.6%	65.5%
Term Structure	24.5%	-26.9%	112.5%	-26.9%	13.8%
VWIV	21.4%	12.4%	51.9%	40.7%	12.6%
Skew 25d	18.2%	-17.3%	79.2%	-14.4%	26.2%
Skew 10d	-0.0%	-61.6%	109.5%	-18.5%	-1.2%
Call IV 25d	36.1%	19.8%	57.6%	47.6%	23.6%
Put IV 25d	54.3%	27.0%	114.9%	33.2%	49.8%
Bid-Ask Spread %	129.72	106.42	146.59	125.97	108.31
Gamma HHI	0.71	0.42	0.93	0.55	0.91
Net GEX	21.8K	6.3K	53.1K	22.2K	6.6K
Net DEX	-224.9K	-331.1K	-132.7K	-280.6K	-187.9K
Net VEX	-725	-892	-589	-892	-674
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.25	0.00	0.00
Total Volume	10.105	0	47	6	25
Total OI	562	295	692	671	337

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$12.25	$12.35	36.7%	10.5%	15.6%	14.6%	40.7%	-14.4%	-26.9%	22.2K	-280.6K	-892	0.00	125.97	6	0	494	177
2024-06-04	$12.07	$12.35	19.6%	5.6%	16.8%	3.1%	22.1%	-17.3%	-5.9%	34.0K	-217.3K	-841	0.06	124.89	16	1	491	167
2024-06-05	$12.04	$12.35	27.6%	7.9%	16.4%	8.5%	0.0%	-16.1%	-1.6%	25.9K	-222.2K	-825	0.00	126.42	0	0	476	168
2024-06-06	$12.08	$12.50	28.5%	8.4%	16.4%	9.2%	0.0%	6.9%	29.9%	26.8K	-231.1K	-821	0.00	146.59	2	0	476	168
2024-06-07	$12.09	$12.50	24.2%	10.7%	15.6%	6.2%	0.0%	8.9%	28.0%	31.0K	-223.2K	-801	0.00	136.77	0	0	476	168
2024-06-10	$12.27	$12.50	29.2%	7.7%	15.6%	9.6%	14.7%	-5.0%	30.4%	29.7K	-276.4K	-815	0.00	143.59	1	0	476	168
2024-06-11	$11.92	$12.50	66.2%	11.2%	17.7%	34.6%	19.8%	14.1%	27.8%	14.9K	-220.4K	-780	0.00	121.21	20	0	476	168
2024-06-12	$12.07	$12.50	43.2%	12.4%	17.2%	19.0%	0.0%	-7.9%	29.8%	20.9K	-233.5K	-736	0.00	139.44	0	0	471	168
2024-06-13	$12.04	$12.50	33.6%	9.6%	17.0%	12.6%	12.4%	2.5%	34.7%	21.0K	-225.2K	-708	0.00	144.13	12	0	471	168
2024-06-14	$12.16	$12.50	21.8%	6.2%	17.4%	4.6%	0.0%	-3.3%	29.0%	18.1K	-254.6K	-743	0.00	146.35	0	0	470	168
2024-06-17	$12.29	$12.50	18.6%	5.3%	17.8%	2.4%	0.0%	-9.6%	30.5%	28.8K	-275.1K	-688	0.00	138.09	0	0	470	168
2024-06-18	$12.36	$12.50	20.4%	5.9%	18.0%	3.7%	14.7%	78.6%	33.4%	40.2K	-293.8K	-668	0.00	138.13	15	0	470	168
2024-06-20	$12.43	$12.50	19.7%	5.7%	18.0%	3.2%	14.8%	45.6%	112.5%	53.1K	-331.1K	-589	0.00	123.99	47	0	481	168
2024-06-21	$12.21	$12.50	18.5%	5.3%	19.1%	2.4%	14.3%	79.2%	40.5%	10.4K	-132.7K	-632	0.25	130.95	4	1	524	168
2024-06-24	$12.22	$12.50	37.4%	10.7%	18.6%	15.1%	17.2%	33.6%	13.2%	10.2K	-146.2K	-615	0.00	117.23	1	0	260	35
2024-06-25	$12.14	$12.50	43.1%	12.4%	18.2%	19.0%	51.9%	42.6%	16.2%	6.3K	-150.5K	-624	0.00	127.26	38	0	261	35
2024-06-26	$12.09	$10.00	35.8%	10.3%	18.3%	14.0%	0.0%	35.5%	13.9%	7.2K	-183.2K	-679	0.00	118.97	0	0	299	35
2024-06-27	$12.15	$10.00	46.1%	13.2%	18.4%	21.0%	0.0%	45.9%	16.3%	7.4K	-188.5K	-651	0.00	106.42	3	0	299	35
2024-06-28	$12.10	$10.00	50.4%	14.5%	18.3%	23.9%	12.6%	26.2%	13.8%	6.6K	-187.9K	-674	0.00	108.31	25	0	302	35