CNNE Options History — September 2019

In September 2019, CNNE traded between $26.61 and $29.31. ATM implied volatility averaged 37.2%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 4.4% (HV 20d: 32.8%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 4 of 20 days.

Notable Days

  • 2019-09-10: Highest Volume — 36 contracts
  • 2019-09-10: Largest IV spike — 81.7% change
  • 2019-09-10: Highest IV Rank — 53.6%
  • 2019-09-18: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.79$26.61$29.31$27.58$27.55
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV37.2%25.9%70.1%39.8%32.9%
Expected Move9.8%7.4%12.5%11.4%9.4%
HV 20d32.8%27.9%37.5%30.0%36.0%
HV 60d27.7%25.1%30.3%25.1%30.3%
IV Rank20.9%9.7%53.6%23.5%16.7%
IV Percentile61.5%28.6%90.9%76.6%50.4%
Term Structure-7.1%-31.3%10.6%-1.0%0.9%
Skew 25d0.7%-7.6%15.3%-2.9%-6.2%
Skew 10d-0.8%-7.0%9.8%-4.2%-5.4%
Call IV 25d30.3%23.8%38.7%38.7%37.2%
Put IV 25d30.9%23.9%41.8%35.8%30.9%
Bid-Ask Spread %115.16105.11120.12120.12118.79
Gamma HHI0.410.340.700.370.36
Net GEX-580-2.0K773-1.1K229
Net DEX7.1K-53.6K72.5K23.2K-42.0K
Net VEX-93-158-37-148-72
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume2.803600
Total OI73.9531008053

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-09-03$27.58$40.0039.8%11.4%30.0%23.5%0.0%-2.9%-1.0%-1.1K23.2K-1480.00120.12002258
2019-09-04$28.24$40.0025.9%7.4%29.7%9.7%0.0%7.1%10.6%-1.8K24.2K-1230.00110.13002258
2019-09-05$28.86$0.0041.4%8.1%30.0%25.0%0.0%-3.7%-6.3%-1.6K7.6K-690.00115.55002258
2019-09-06$28.33$0.0033.1%7.9%28.1%16.8%0.0%-3.9%-3.0%-1.4K14.4K-1030.00111.40002258
2019-09-09$27.72$0.0038.6%7.4%27.9%22.3%0.0%14.1%5.9%-1.1K24.0K-1120.00116.020202258
2019-09-10$26.61$0.0070.1%12.2%30.4%53.6%0.0%2.6%-26.6%-2.0K72.5K-1580.00110.260362278
2019-09-11$27.32$0.0038.7%11.1%32.2%22.4%0.0%5.1%-14.6%-1.2K39.9K-1250.00114.20002262
2019-09-12$27.44$0.0040.9%11.7%32.0%24.5%0.0%-0.7%-20.6%-1.3K31.6K-1140.00117.49002262
2019-09-13$26.95$0.0036.7%10.5%32.1%20.4%0.0%15.3%-1.5%-89139.8K-1200.00110.45002262
2019-09-16$27.05$0.0035.1%10.1%31.8%18.8%0.0%-1.6%-3.9%-1.2K33.7K-1230.00118.99002262
2019-09-17$27.29$0.0043.1%12.4%31.7%26.8%0.0%-0.8%-31.3%-1.1K29.8K-970.00118.00002262
2019-09-18$26.73$0.0043.6%12.5%32.2%27.2%0.0%-4.2%-16.7%4135.4K-1110.00120.01002258
2019-09-19$27.16$0.0041.4%11.9%32.6%25.1%0.0%-2.5%-17.1%7432.9K-1000.00118.54002258
2019-09-20$28.01$0.0027.0%7.7%34.8%10.7%0.0%-0.9%-5.3%77324.8K-370.00116.60002258
2019-09-23$29.31$0.0034.0%9.7%36.4%17.7%0.0%1.3%-3.6%412-53.6K-400.00118.47002132
2019-09-24$28.61$0.0032.1%9.2%37.5%15.8%0.0%3.4%-6.7%441-50.5K-450.00110.43002132
2019-09-25$28.82$0.0028.1%8.1%36.5%11.8%0.0%0.2%3.6%388-50.4K-500.00105.11002132
2019-09-26$28.40$0.0031.3%9.0%36.9%15.0%0.0%-7.6%-4.6%392-49.0K-520.00115.17002132
2019-09-27$27.81$0.0031.4%9.0%37.1%15.2%0.0%-0.9%-0.7%301-45.3K-620.00117.55002132
2019-09-30$27.55$0.0032.9%9.4%36.0%16.7%0.0%-6.2%0.9%229-42.0K-720.00118.79002132