CNNE Options History — May 2019

In May 2019, CNNE traded between $24.95 and $26.43. ATM implied volatility averaged 30.7%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 6.0% (HV 20d: 24.7%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.39.

Notable Days

2019-05-31: Highest Volume — 69 contracts
2019-05-03: Largest IV spike — 62.6% change
2019-05-14: Highest IV Rank — 37.7%
2019-05-03: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.94	$24.95	$26.43	$25.64	$25.46
Max Pain	$24.06	$20.00	$25.00	$20.00	$25.00
ATM IV	30.7%	19.8%	54.1%	24.4%	31.8%
Expected Move	7.6%	5.7%	12.9%	7.0%	9.1%
HV 20d	24.7%	12.0%	27.9%	12.0%	27.6%
HV 60d	19.4%	15.6%	20.8%	15.6%	20.8%
IV Rank	14.4%	3.5%	37.7%	8.2%	15.6%
IV Percentile	40.7%	3.6%	85.7%	21.4%	55.6%
Term Structure	-1.1%	-22.2%	14.7%	3.6%	14.7%
VWIV	29.3%	22.9%	37.5%	37.5%	32.7%
Skew 25d	0.5%	-8.7%	10.7%	-2.4%	-0.9%
Skew 10d	6.3%	-12.2%	29.5%	-3.5%	-1.1%
Call IV 25d	26.6%	21.5%	39.1%	29.8%	32.5%
Put IV 25d	27.1%	18.7%	39.2%	27.4%	31.6%
Bid-Ask Spread %	112.31	99.47	122.99	108.65	120.08
Gamma HHI	0.54	0.34	0.74	0.73	0.34
Net GEX	3.0K	-1.1K	6.0K	5.6K	-755
Net DEX	-131.9K	-205.3K	-41.4K	-173.7K	-41.4K
Net VEX	-494	-545	-441	-498	-533
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.00	4.25	0.00	0.13
Total Volume	15.864	0	69	4	69
Total OI	151.955	118	186	159	186

Daily Data (22 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
2019-05-01	$25.64	$20.00	24.4%	7.0%	12.0%	8.2%	0.0%	-2.4%	3.6%	5.6K	-173.7K	-498	0.00	108.65	4	0	107	52
2019-05-02	$24.95	$20.00	27.6%	7.9%	15.9%	11.4%	0.0%	-7.6%	-4.5%	5.7K	-136.5K	-545	0.00	122.99	5	0	107	52
2019-05-03	$25.79	$20.00	45.0%	12.9%	19.6%	28.6%	37.5%	-1.1%	-22.2%	5.2K	-178.3K	-526	0.13	118.78	15	2	109	52
2019-05-06	$26.40	$0.00	45.8%	7.9%	20.8%	29.5%	0.0%	8.7%	0.5%	4.5K	-188.2K	-505	0.00	117.48	12	0	109	54
2019-05-07	$26.03	$0.00	30.9%	8.6%	21.3%	14.7%	0.0%	4.0%	-0.5%	5.4K	-204.6K	-536	0.00	113.79	14	0	119	54
2019-05-08	$26.41	$0.00	38.1%	7.2%	21.6%	21.8%	0.0%	5.4%	-4.8%	4.1K	-189.8K	-494	0.00	111.23	31	0	107	54
2019-05-09	$26.43	$0.00	38.7%	6.5%	21.6%	22.4%	0.0%	-5.2%	-3.8%	5.3K	-205.3K	-512	0.00	116.26	23	0	125	54
2019-05-10	$25.53	$0.00	36.7%	9.4%	25.2%	20.4%	0.0%	4.1%	-11.8%	5.3K	-155.0K	-478	0.00	120.49	0	0	109	54
2019-05-13	$24.99	$0.00	43.1%	8.4%	26.3%	26.7%	31.2%	10.7%	-1.7%	5.7K	-122.5K	-536	0.00	108.02	3	0	109	54
2019-05-14	$25.57	$25.00	54.1%	7.9%	27.5%	37.7%	27.9%	3.6%	-2.9%	5.5K	-149.6K	-529	0.12	115.70	34	4	111	54
2019-05-15	$25.63	$25.00	21.1%	6.0%	27.5%	4.9%	22.9%	0.0%	4.5%	6.0K	-160.6K	-512	0.67	105.60	3	2	114	54
2019-05-16	$26.25	$25.00	23.6%	6.8%	27.9%	7.4%	25.5%	-5.2%	-6.7%	4.6K	-198.1K	-443	0.40	114.37	5	2	114	54
2019-05-17	$26.08	$25.00	29.8%	8.6%	27.6%	13.6%	28.7%	4.2%	-13.7%	2.8K	-195.7K	-443	4.25	113.58	4	17	114	54
2019-05-20	$26.13	$25.00	25.3%	7.3%	27.6%	9.1%	0.0%	0.7%	4.3%	609	-84.5K	-487	0.00	114.57	1	0	67	56
2019-05-21	$26.18	$25.00	21.1%	6.0%	27.4%	4.9%	0.0%	1.6%	7.2%	775	-86.5K	-476	0.00	99.47	1	0	67	56
2019-05-22	$26.38	$25.00	22.6%	6.5%	27.4%	6.3%	0.0%	-0.0%	11.5%	440	-88.8K	-485	0.00	104.82	7	0	67	56
2019-05-23	$26.14	$25.00	21.6%	6.2%	27.6%	5.4%	0.0%	1.3%	3.4%	420	-73.5K	-441	0.00	106.77	8	0	62	56
2019-05-24	$26.32	$25.00	19.8%	5.7%	27.7%	3.5%	0.0%	-3.4%	2.0%	494	-77.8K	-445	1.50	112.11	8	12	63	56
2019-05-28	$26.16	$25.00	25.7%	7.4%	27.8%	9.5%	0.0%	-8.7%	-8.8%	-443	-62.0K	-505	0.00	117.04	0	0	63	68
2019-05-29	$26.01	$25.00	23.3%	6.7%	27.9%	7.1%	0.0%	-0.3%	2.2%	-844	-62.1K	-476	0.00	101.68	0	8	63	68
2019-05-30	$26.10	$25.00	24.7%	7.1%	27.9%	8.5%	28.0%	1.3%	3.2%	-1.1K	-66.2K	-467	0.17	107.28	47	8	63	76
2019-05-31	$25.46	$25.00	31.8%	9.1%	27.6%	15.6%	32.7%	-0.9%	14.7%	-755	-41.4K	-533	0.13	120.08	61	8	110	76