CION Options History — October 2024

In October 2024, CION traded between $11.71 and $12.07. ATM implied volatility averaged 36.1%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 23.3% (HV 20d: 12.8%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.09.

Notable Days

2024-10-17: Highest Volume — 119 contracts
2024-10-31: Largest IV spike — 121.2% change
2024-10-08: Highest IV Rank — 35.4%
2024-10-29: Largest Expected Move — 18.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.87	$11.71	$12.07	$11.78	$11.72
Max Pain	$8.91	$7.50	$10.00	$10.00	$10.00
ATM IV	36.1%	16.0%	78.0%	49.7%	50.7%
Expected Move	9.0%	4.6%	18.4%	14.3%	14.5%
HV 20d	12.8%	9.3%	15.3%	15.3%	12.5%
HV 60d	16.5%	14.9%	17.1%	17.0%	15.3%
IV Rank	13.1%	2.3%	35.4%	20.3%	20.9%
IV Percentile	37.7%	0.8%	86.9%	65.1%	63.9%
Term Structure	-12.9%	-85.8%	8.1%	-2.9%	-60.9%
VWIV	40.6%	14.4%	123.0%	65.5%	33.0%
Skew 25d	3.7%	-39.3%	26.5%	26.3%	-32.3%
Skew 10d	-15.8%	-65.1%	67.1%	4.2%	-22.3%
Call IV 25d	30.4%	13.9%	78.8%	21.9%	71.8%
Put IV 25d	34.1%	25.8%	49.8%	48.2%	39.5%
Bid-Ask Spread %	141.85	81.04	160.84	81.04	137.22
Gamma HHI	0.90	0.84	0.97	0.84	0.93
Net GEX	12.6K	7.7K	20.2K	7.7K	15.2K
Net DEX	-170.0K	-255.6K	-116.2K	-142.6K	-213.9K
Net VEX	-458	-594	-325	-439	-545
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.09	0.00	1.00	0.00	0.00
Total Volume	16.391	0	119	0	6
Total OI	414.043	330	557	330	557

Daily Data (23 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
2024-10-01	$11.78	$10.00	49.7%	14.3%	15.3%	20.3%	0.0%	26.3%	-2.9%	7.7K	-142.6K	-439	0.00	81.04	0	0	294	36
2024-10-02	$11.73	$10.00	54.8%	15.7%	15.2%	23.1%	0.0%	26.5%	-3.5%	7.7K	-135.9K	-418	0.00	82.97	0	0	294	36
2024-10-03	$11.73	$10.00	23.0%	5.9%	15.2%	6.1%	65.5%	12.4%	8.1%	8.6K	-116.2K	-393	0.00	148.66	3	0	294	36
2024-10-04	$11.84	$10.00	41.6%	6.9%	14.9%	16.0%	18.6%	8.4%	-3.2%	9.0K	-139.7K	-410	0.00	136.41	25	0	296	36
2024-10-07	$11.77	$7.50	53.3%	6.4%	15.0%	22.2%	0.0%	5.1%	-5.5%	9.4K	-143.9K	-416	0.00	129.47	0	0	321	36
2024-10-08	$11.71	$7.50	78.0%	6.3%	15.0%	35.4%	0.0%	12.6%	1.8%	8.0K	-151.0K	-436	0.00	153.80	0	0	321	36
2024-10-09	$11.73	$7.50	20.5%	5.9%	15.0%	4.8%	123.0%	8.9%	0.5%	9.9K	-130.3K	-391	0.00	148.03	1	0	321	36
2024-10-10	$11.73	$7.50	21.7%	6.2%	14.7%	5.4%	0.0%	12.1%	1.6%	8.3K	-150.1K	-405	0.00	149.27	0	0	321	36
2024-10-11	$11.84	$7.50	19.8%	5.7%	14.8%	4.4%	0.0%	13.5%	1.7%	8.5K	-160.0K	-484	0.00	159.83	0	0	321	36
2024-10-14	$11.88	$7.50	24.5%	7.0%	12.7%	6.9%	0.0%	5.9%	6.7%	9.8K	-154.9K	-325	0.00	159.12	15	0	321	36
2024-10-15	$11.95	$7.50	16.0%	4.6%	12.2%	2.3%	0.0%	13.1%	1.5%	10.9K	-159.9K	-404	0.00	149.44	3	0	327	36
2024-10-16	$12.07	$7.50	29.1%	8.3%	11.6%	9.3%	0.0%	-3.7%	-8.4%	10.7K	-182.2K	-475	0.00	149.01	0	0	330	36
2024-10-17	$12.05	$7.50	25.1%	7.2%	11.5%	7.2%	20.1%	-3.0%	-9.0%	11.4K	-175.9K	-443	0.01	133.19	118	1	330	36
2024-10-18	$12.07	$7.50	22.1%	6.3%	11.5%	5.6%	14.4%	-9.4%	-2.3%	16.8K	-174.5K	-445	0.03	156.60	33	1	446	36
2024-10-21	$12.04	$10.00	30.9%	8.9%	11.0%	10.3%	19.8%	9.2%	-8.2%	17.9K	-157.1K	-441	0.00	142.29	44	0	350	36
2024-10-22	$12.01	$10.00	26.4%	7.6%	11.0%	7.9%	30.7%	20.9%	1.4%	18.4K	-178.9K	-476	0.00	134.23	0	1	394	36
2024-10-23	$11.96	$10.00	21.9%	6.3%	9.3%	5.5%	0.0%	12.2%	-8.2%	18.9K	-162.1K	-480	1.00	157.44	10	10	394	37
2024-10-24	$12.04	$10.00	38.9%	11.1%	9.4%	14.5%	33.0%	3.6%	-21.1%	14.9K	-205.6K	-519	0.00	157.82	105	0	404	47
2024-10-25	$11.89	$10.00	43.9%	12.6%	10.5%	17.2%	0.0%	-9.0%	-37.1%	17.4K	-234.2K	-594	0.00	160.84	1	0	509	47
2024-10-28	$12.00	$10.00	51.0%	14.6%	10.8%	21.0%	0.0%	-19.2%	-55.7%	17.4K	-255.6K	-582	0.00	146.17	0	0	510	47
2024-10-29	$11.75	$10.00	64.0%	18.4%	12.4%	28.0%	0.0%	-39.3%	-85.8%	12.9K	-240.2K	-584	0.00	152.07	0	0	510	47
2024-10-30	$11.77	$10.00	22.9%	6.6%	12.4%	6.0%	0.0%	10.6%	-7.6%	20.2K	-145.9K	-423	0.00	137.72	0	0	510	47
2024-10-31	$11.72	$10.00	50.7%	14.5%	12.5%	20.9%	0.0%	-32.3%	-60.9%	15.2K	-213.9K	-545	0.00	137.22	6	0	510	47