CNNE Options History — December 2018

In December 2018, CNNE traded between $15.97 and $17.34. ATM implied volatility averaged 55.3%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 26.5% (HV 20d: 28.8%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2018-12-18: Highest Volume — 30 contracts
2018-12-12: Largest IV spike — 89.4% change
2018-12-10: Highest IV Rank — 87.8%
2018-12-05: Largest Expected Move — 29.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.77	$15.97	$17.34	$17.34	$17.14
Max Pain	$17.88	$17.50	$20.00	$20.00	$17.50
ATM IV	55.3%	27.1%	104.8%	94.7%	45.4%
Expected Move	14.8%	7.8%	29.8%	27.2%	13.0%
HV 20d	28.8%	21.6%	46.6%	46.2%	24.4%
HV 60d	33.9%	33.0%	35.0%	34.9%	35.0%
IV Rank	37.2%	8.4%	87.8%	77.5%	27.2%
IV Percentile	79.2%	33.7%	99.6%	98.4%	81.7%
Term Structure	-29.5%	-90.1%	-3.7%	-59.3%	-21.7%
VWIV	31.5%	18.7%	39.1%	35.3%	37.4%
Skew 25d	-6.0%	-28.8%	9.7%	-17.9%	-2.4%
Skew 10d	5.4%	-8.6%	30.0%	3.1%	11.0%
Call IV 25d	46.2%	31.5%	86.5%	86.5%	53.1%
Put IV 25d	40.2%	22.3%	77.5%	68.6%	50.7%
Bid-Ask Spread %	121.14	114.27	127.44	126.13	119.08
Gamma HHI	0.32	0.26	0.41	0.32	0.26
Net GEX	-4.2K	-6.0K	-1.6K	-3.2K	-5.3K
Net DEX	183.9K	113.4K	232.8K	155.3K	185.2K
Net VEX	-588	-934	-436	-715	-548
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	8.5	0	30	0	0
Total OI	411.7	403	433	404	419

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-12-03	$17.34	$20.00	94.7%	27.2%	46.2%	77.5%	0.0%	-17.9%	-59.3%	-3.2K	155.3K	-715	126.13	0	0	188	216
2018-12-04	$16.99	$20.00	100.8%	28.9%	46.6%	83.7%	0.0%	-28.8%	-79.6%	-3.4K	161.7K	-649	123.43	0	0	188	216
2018-12-05	$17.00	$20.00	104.0%	29.8%	46.5%	87.0%	0.0%	-1.7%	-82.8%	-4.1K	184.0K	-507	123.70	0	0	188	216
2018-12-06	$17.07	$17.50	59.8%	10.7%	46.4%	41.8%	0.0%	-8.0%	-4.4%	-3.4K	171.2K	-686	122.30	1	0	188	216
2018-12-07	$16.89	$17.50	92.5%	14.6%	40.6%	75.3%	0.0%	3.2%	-8.8%	-1.6K	113.4K	-934	127.44	1	0	188	216
2018-12-10	$17.01	$17.50	104.8%	18.7%	30.9%	87.8%	0.0%	9.7%	-21.1%	-3.4K	169.9K	-684	127.44	0	0	187	216
2018-12-11	$16.98	$17.50	38.2%	20.5%	23.8%	19.8%	0.0%	-20.4%	-89.3%	-3.1K	158.5K	-657	121.02	0	0	187	216
2018-12-12	$17.05	$17.50	72.4%	20.8%	23.0%	54.7%	0.0%	2.2%	-90.1%	-3.5K	168.3K	-619	121.44	0	0	187	216
2018-12-13	$17.11	$17.50	35.1%	10.1%	22.4%	16.6%	0.0%	-10.6%	-21.3%	-4.2K	193.7K	-436	123.39	0	0	187	216
2018-12-14	$16.99	$17.50	35.0%	10.0%	21.8%	16.5%	35.3%	-4.1%	-5.6%	-4.3K	186.2K	-465	123.36	0	12	187	216
2018-12-17	$16.62	$17.50	29.8%	8.5%	22.6%	11.2%	0.0%	-14.1%	-9.3%	-3.2K	163.2K	-558	114.27	0	0	187	216
2018-12-18	$16.46	$17.50	27.1%	7.8%	22.6%	8.4%	18.7%	-4.4%	-4.4%	-3.5K	177.5K	-547	116.91	0	30	187	216
2018-12-19	$16.53	$17.50	37.4%	10.7%	21.6%	18.9%	36.8%	0.0%	-3.7%	-4.9K	210.9K	-622	121.58	0	30	187	246
2018-12-20	$16.23	$17.50	49.1%	14.1%	22.2%	30.9%	23.6%	-6.5%	-38.4%	-5.2K	220.8K	-568	116.37	0	30	187	246
2018-12-21	$16.13	$17.50	36.9%	10.6%	22.2%	18.4%	26.6%	-4.1%	-11.3%	-5.1K	232.8K	-564	118.24	0	30	187	246
2018-12-24	$15.97	$17.50	41.4%	11.9%	21.9%	23.0%	39.1%	-10.8%	-16.2%	-5.0K	215.7K	-495	121.41	0	30	185	235
2018-12-26	$16.65	$17.50	31.4%	9.0%	25.9%	12.8%	32.3%	0.1%	-6.9%	-6.0K	207.8K	-493	119.08	0	2	185	232
2018-12-27	$16.48	$17.50	34.0%	9.7%	22.3%	15.4%	33.7%	-1.6%	-9.5%	-5.6K	212.0K	-447	117.67	0	2	185	234
2018-12-28	$16.70	$17.50	36.2%	10.4%	22.6%	17.7%	37.4%	-0.9%	-6.1%	-5.3K	189.1K	-568	118.56	0	2	185	234
2018-12-31	$17.14	$17.50	45.4%	13.0%	24.4%	27.2%	0.0%	-2.4%	-21.7%	-5.3K	185.2K	-548	119.08	0	0	185	234