CNNE Options History — April 2019

In April 2019, CNNE traded between $24.49 and $25.76. ATM implied volatility averaged 29.0%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 13.9% (HV 20d: 15.1%). 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 5 of 21 days. Put/call ratio averaged 0.18.

Notable Days

2019-04-12: Highest Volume — 59 contracts
2019-04-26: Largest IV spike — 129.8% change
2019-04-05: Highest IV Rank — 32.0%
2019-04-26: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.20	$24.49	$25.76	$24.68	$25.64
Max Pain	$18.21	$17.50	$20.00	$17.50	$20.00
ATM IV	29.0%	19.5%	48.4%	21.4%	23.8%
Expected Move	7.8%	5.3%	13.3%	6.6%	6.8%
HV 20d	15.1%	12.5%	18.1%	17.9%	12.5%
HV 60d	17.3%	15.8%	18.2%	18.1%	15.8%
IV Rank	12.8%	3.3%	32.0%	5.1%	7.6%
IV Percentile	33.9%	3.2%	80.6%	5.6%	16.7%
Term Structure	-4.4%	-21.4%	9.8%	1.4%	-3.1%
VWIV	29.9%	17.4%	46.6%	22.9%	33.5%
Skew 25d	1.8%	-11.1%	29.8%	-4.6%	-1.3%
Skew 10d	6.6%	-13.2%	56.9%	-9.9%	-9.5%
Call IV 25d	28.5%	22.6%	43.2%	27.7%	28.7%
Put IV 25d	30.3%	17.4%	57.9%	23.0%	27.4%
Bid-Ask Spread %	114.48	93.20	128.91	94.90	112.93
Gamma HHI	0.80	0.64	0.98	0.98	0.75
Net GEX	7.0K	2.3K	34.5K	4.3K	6.2K
Net DEX	-152.6K	-229.4K	-86.6K	-105.4K	-169.1K
Net VEX	-551	-740	-399	-416	-521
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.18	0.00	1.00	0.00	0.00
Total Volume	22.429	4	59	7	4
Total OI	153.619	112	199	119	159

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
2019-04-01	$24.68	$17.50	21.4%	6.6%	17.9%	5.1%	22.9%	-4.6%	1.4%	4.3K	-105.4K	-416	0.00	94.90	7	0	76	43
2019-04-02	$24.49	$17.50	22.5%	5.6%	18.1%	6.3%	17.4%	-1.2%	-2.4%	4.4K	-100.9K	-405	0.43	115.46	7	3	76	43
2019-04-03	$24.64	$17.50	38.5%	5.9%	17.4%	22.1%	42.0%	-4.9%	-1.3%	3.9K	-104.9K	-405	0.12	128.91	17	2	76	46
2019-04-04	$24.69	$17.50	31.0%	9.6%	17.4%	14.7%	46.6%	-6.2%	-14.5%	2.3K	-86.6K	-399	0.09	116.87	23	2	66	46
2019-04-05	$24.98	$17.50	48.4%	7.9%	17.0%	32.0%	31.7%	-3.8%	-3.8%	3.5K	-105.8K	-431	0.08	119.92	25	2	74	46
2019-04-08	$24.80	$17.50	27.1%	5.3%	16.5%	10.8%	0.0%	-5.3%	3.4%	5.3K	-109.2K	-439	0.67	122.48	3	2	79	48
2019-04-09	$25.05	$17.50	19.5%	7.5%	16.6%	3.3%	26.0%	-3.8%	-2.5%	4.8K	-115.2K	-474	0.13	106.21	16	2	82	50
2019-04-10	$25.16	$17.50	34.0%	9.7%	16.6%	17.7%	37.9%	2.5%	-16.1%	4.7K	-145.3K	-531	0.44	127.17	16	7	96	50
2019-04-11	$25.32	$17.50	22.3%	6.4%	16.3%	6.1%	22.2%	-2.5%	-0.0%	6.2K	-143.1K	-549	0.44	105.01	16	7	96	55
2019-04-12	$25.45	$17.50	23.9%	6.9%	14.8%	7.7%	23.6%	-1.1%	-1.9%	5.0K	-147.2K	-551	0.13	113.10	52	7	95	55
2019-04-15	$25.62	$17.50	23.4%	6.7%	12.9%	7.1%	35.7%	-7.1%	-0.6%	7.7K	-204.0K	-707	0.00	105.43	13	0	126	55
2019-04-16	$25.76	$17.50	33.7%	9.7%	12.9%	17.4%	24.1%	6.1%	-13.7%	7.4K	-229.4K	-687	0.00	114.82	10	0	138	55
2019-04-17	$25.29	$17.50	22.6%	6.5%	14.8%	6.4%	23.8%	-2.4%	-1.6%	10.5K	-212.3K	-667	0.00	113.32	18	0	137	55
2019-04-18	$24.99	$17.50	35.5%	10.2%	15.3%	19.2%	34.5%	-6.5%	-20.3%	34.5K	-204.6K	-721	0.00	119.90	26	0	144	55
2019-04-22	$25.05	$17.50	22.8%	6.5%	13.3%	6.6%	0.0%	29.8%	9.8%	7.5K	-182.1K	-736	1.00	119.05	2	2	134	50
2019-04-23	$25.30	$20.00	42.8%	12.3%	13.4%	26.4%	26.6%	-11.1%	-11.6%	6.1K	-184.5K	-740	0.05	121.07	41	2	132	52
2019-04-24	$25.53	$20.00	22.6%	6.5%	13.4%	6.4%	0.0%	18.2%	5.1%	5.6K	-159.8K	-554	0.05	93.20	41	2	106	52
2019-04-25	$25.62	$20.00	20.2%	5.8%	13.4%	4.0%	0.0%	14.5%	-0.2%	6.4K	-164.0K	-544	0.05	106.10	43	2	106	52
2019-04-26	$25.60	$20.00	46.5%	13.3%	13.3%	30.2%	33.5%	2.2%	-21.4%	4.7K	-171.0K	-545	0.05	127.50	43	2	108	52
2019-04-29	$25.53	$20.00	27.7%	7.9%	13.4%	11.4%	0.0%	25.8%	3.0%	5.5K	-160.6K	-544	0.00	120.64	4	0	108	52
2019-04-30	$25.64	$20.00	23.8%	6.8%	12.5%	7.6%	0.0%	-1.3%	-3.1%	6.2K	-169.1K	-521	0.00	112.93	4	0	107	52