CNNE Options History — April 2018

In April 2018, CNNE traded between $18.57 and $20.74. ATM implied volatility averaged 41.9%. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 20.2% (HV 20d: 21.7%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.46.

Notable Days

  • 2018-04-23: Highest Volume — 1,012 contracts
  • 2018-04-09: Largest IV spike — 176.6% change
  • 2018-04-04: Largest Expected Move — 25.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.55$18.57$20.74$18.57$20.74
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV41.9%22.7%102.5%32.5%42.4%
Expected Move10.8%6.5%25.0%9.3%12.1%
HV 20d21.7%17.5%26.0%26.0%17.5%
HV 60d25.0%23.9%26.4%26.4%24.2%
Term Structure-6.0%-103.6%27.4%-7.0%-8.3%
VWIV33.4%22.6%69.6%32.4%35.3%
Skew 25d14.1%-9.0%90.0%-1.5%9.1%
Skew 10d13.0%-31.2%136.9%4.4%7.0%
Call IV 25d32.7%22.6%60.6%34.5%33.3%
Put IV 25d46.8%16.6%114.5%33.0%42.4%
Bid-Ask Spread %112.5786.14140.75112.54104.42
Gamma HHI0.650.391.000.390.68
Net GEX25.5K-3.4K117.7K-2.5K117.7K
Net DEX-424.6K-1.8M35.5K22.4K-1.8M
Net VEX-962-3.8K-64-159-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.460.052.732.280.13
Total Volume155.857561,0125993
Total OI567.5241631,8241641,824

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$18.57$20.0032.5%9.3%26.0%0.0%32.4%-1.5%-7.0%-2.5K22.4K-1592.28112.54184123141
2018-04-03$18.59$20.0033.2%9.5%24.9%0.0%33.0%8.7%2.6%-2.7K19.9K-1222.28117.55184123141
2018-04-04$18.74$20.0087.0%25.0%24.5%0.0%33.8%9.3%-103.6%-1.1K11.5K-882.28120.95184123141
2018-04-05$18.85$20.0028.2%7.6%23.3%0.0%25.0%6.9%-2.7%-2.4K14.1K-1372.28115.84184123141
2018-04-06$18.78$20.0037.1%7.2%23.3%0.0%27.4%5.0%0.8%-2.0K12.5K-1112.28122.15184123141
2018-04-09$18.72$20.00102.5%20.7%23.3%0.0%25.3%81.7%1.5%-2.4K18.2K-1642.28133.68184123141
2018-04-10$18.85$20.0098.1%15.8%23.1%0.0%69.6%21.5%27.4%-2.5K35.5K-2702.73140.75154123141
2018-04-11$18.88$20.0031.7%9.1%23.1%0.0%32.9%3.6%-2.7%-2.3K12.0K-932.73121.94154122141
2018-04-12$18.95$20.0028.5%8.2%22.8%0.0%30.0%2.9%-5.7%-2.2K6.2K-852.63116.08164223141
2018-04-13$19.33$20.0025.3%7.3%23.6%0.0%25.8%-8.6%1.3%-2.2K4.9K-762.63120.46164224142
2018-04-16$19.31$20.0024.5%7.0%23.3%0.0%23.8%-2.4%-0.2%-2.9K6.9K-722.63111.86164224142
2018-04-17$19.91$20.0027.8%8.0%20.6%0.0%27.7%90.0%1.2%-3.4K-6.3K-640.37114.811154224142
2018-04-18$20.02$20.0022.7%6.5%19.2%0.0%22.6%80.7%-1.4%7.4K-107.3K-2890.71113.165942126142
2018-04-19$19.75$20.0028.7%8.2%19.7%0.0%26.7%-2.7%-7.9%10.5K-137.8K-3871.91108.812242168142
2018-04-20$20.08$20.0030.3%8.7%20.1%0.0%32.5%-9.0%1.9%3.6K-180.0K-3830.1788.9024742168142
2018-04-23$20.50$20.0037.7%10.8%20.2%0.0%37.9%2.7%-3.0%23.8K-412.5K-9380.0586.1496349402131
2018-04-24$20.62$20.0036.7%10.5%19.3%0.0%36.7%-1.3%-3.1%90.6K-1.4M-2.8K0.1499.55358491,299170
2018-04-25$20.31$20.0041.1%11.8%19.4%0.0%39.7%-4.5%-4.5%99.8K-1.5M-3.2K0.06107.92194111,502170
2018-04-26$20.56$20.0039.5%11.3%19.4%0.0%38.9%4.1%-3.1%106.4K-1.8M-3.5K0.05101.17201111,583170
2018-04-27$20.58$20.0044.1%12.7%19.3%0.0%43.8%0.8%-9.5%103.6K-1.7M-3.8K0.13105.2182111,636170
2018-04-30$20.74$20.0042.4%12.1%17.5%0.0%35.3%9.1%-8.3%117.7K-1.8M-3.5K0.13104.4282111,654170