CNNE Options History — March 2019

In March 2019, CNNE traded between $22.34 and $24.31. ATM implied volatility averaged 37.5%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 20.2% (HV 20d: 17.3%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.86.

Notable Days

2019-03-14: Highest Volume — 66 contracts
2019-03-22: Largest IV spike — 109.1% change
2019-03-11: Highest IV Rank — 58.4%
2019-03-08: Largest Expected Move — 19.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.33	$22.34	$24.31	$23.27	$24.31
Max Pain	$18.21	$17.50	$20.00	$20.00	$17.50
ATM IV	37.5%	17.0%	74.9%	37.4%	18.3%
Expected Move	9.9%	4.7%	19.1%	10.7%	6.4%
HV 20d	17.3%	13.0%	19.8%	13.0%	19.4%
HV 60d	20.4%	18.4%	21.2%	20.7%	18.4%
IV Rank	21.2%	0.8%	58.4%	21.1%	2.1%
IV Percentile	44.6%	0.4%	88.9%	70.2%	1.2%
Term Structure	-4.0%	-53.7%	19.3%	19.3%	1.7%
VWIV	35.3%	19.8%	53.9%	43.8%	24.8%
Skew 25d	-0.2%	-21.0%	10.9%	3.5%	-4.7%
Skew 10d	-3.5%	-11.5%	3.2%	0.5%	-11.5%
Call IV 25d	26.8%	18.1%	42.9%	39.2%	23.5%
Put IV 25d	26.6%	16.9%	42.7%	42.7%	18.9%
Bid-Ask Spread %	109.48	87.13	120.98	115.93	95.96
Gamma HHI	0.55	0.32	0.75	0.36	0.73
Net GEX	4.4K	216	10.2K	5.1K	2.9K
Net DEX	-294.6K	-640.6K	-64.6K	-518.4K	-74.0K
Net VEX	-203	-407	-95	-183	-403
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.86	0.00	6.20	0.04	1.07
Total Volume	18.81	0	66	49	60
Total OI	180.619	61	337	263	107

Daily Data (21 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
2019-03-01	$23.27	$20.00	37.4%	10.7%	13.0%	21.1%	43.8%	3.5%	19.3%	5.1K	-518.4K	-183	0.04	115.93	47	2	248	15
2019-03-04	$22.80	$20.00	63.1%	18.1%	16.0%	46.7%	38.3%	8.6%	-2.3%	9.4K	-434.9K	-380	0.00	116.72	0	5	250	15
2019-03-05	$22.66	$20.00	63.2%	18.1%	16.3%	46.8%	53.9%	6.9%	-15.8%	7.4K	-479.3K	-241	5.00	119.02	1	5	250	20
2019-03-06	$22.45	$20.00	60.4%	17.3%	16.0%	44.0%	52.9%	2.4%	-4.0%	5.9K	-481.4K	-196	5.00	112.71	1	5	249	20
2019-03-07	$22.49	$20.00	62.2%	17.8%	15.5%	45.7%	43.6%	7.2%	-4.9%	6.6K	-476.4K	-216	5.00	113.76	1	5	249	20
2019-03-08	$22.34	$20.00	66.6%	19.1%	15.9%	50.2%	38.4%	6.1%	-9.2%	10.2K	-402.2K	-319	1.67	119.04	3	5	249	20
2019-03-11	$22.82	$17.50	74.9%	7.5%	16.1%	58.4%	0.0%	2.2%	-8.4%	7.3K	-488.1K	-196	0.00	103.40	0	0	251	20
2019-03-12	$23.03	$17.50	28.0%	7.7%	16.2%	11.8%	0.0%	1.9%	-1.4%	3.8K	-510.0K	-154	0.00	100.97	0	0	251	20
2019-03-13	$23.10	$17.50	28.7%	7.9%	15.6%	12.5%	27.5%	1.7%	-0.1%	5.2K	-512.4K	-155	6.20	95.09	5	31	251	20
2019-03-14	$23.40	$17.50	38.1%	5.8%	15.8%	21.8%	19.8%	10.9%	-23.9%	216	-534.3K	-95	0.69	115.85	39	27	253	51
2019-03-15	$23.92	$17.50	23.2%	7.2%	16.9%	7.0%	26.1%	-8.8%	4.6%	2.3K	-640.6K	-144	0.53	109.53	15	8	288	49
2019-03-18	$23.53	$17.50	38.0%	8.8%	18.5%	21.7%	0.0%	-10.8%	-23.4%	2.8K	-66.5K	-135	0.00	119.88	0	0	49	12
2019-03-19	$23.67	$17.50	17.0%	6.7%	17.6%	0.8%	0.0%	-12.6%	7.5%	3.1K	-64.6K	-123	0.00	120.13	2	0	49	12
2019-03-20	$23.52	$17.50	21.6%	9.2%	17.7%	5.4%	33.0%	-21.0%	6.8%	2.3K	-69.7K	-148	0.00	118.10	7	0	50	12
2019-03-21	$23.83	$17.50	20.5%	6.4%	18.0%	4.3%	32.4%	-3.5%	3.8%	3.1K	-77.4K	-141	0.00	119.45	8	0	54	12
2019-03-22	$23.40	$17.50	43.0%	5.8%	19.5%	26.6%	24.0%	-3.6%	-53.7%	2.5K	-69.0K	-153	0.00	105.57	10	0	54	12
2019-03-25	$23.60	$17.50	26.9%	10.4%	19.6%	10.7%	0.0%	-0.1%	13.5%	2.4K	-68.0K	-148	0.00	120.98	0	1	52	12
2019-03-26	$23.80	$17.50	18.2%	4.7%	19.8%	2.0%	0.0%	-0.4%	1.6%	3.4K	-70.8K	-120	0.09	94.62	11	1	52	13
2019-03-27	$23.93	$17.50	18.4%	6.5%	19.8%	2.2%	0.0%	4.8%	2.6%	3.8K	-83.3K	-204	2.21	95.28	14	31	62	13
2019-03-28	$24.12	$17.50	19.1%	6.4%	19.7%	2.9%	0.0%	4.8%	2.3%	2.8K	-66.3K	-407	2.21	87.13	14	31	64	43
2019-03-29	$24.31	$17.50	18.3%	6.4%	19.4%	2.1%	24.8%	-4.7%	1.7%	2.9K	-74.0K	-403	1.07	95.96	29	31	64	43