CNNE Options History — April 2021

In April 2021, CNNE traded between $39.63 and $41.97. ATM implied volatility averaged 35.1%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 15.5% (HV 20d: 19.6%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.39.

Notable Days

2021-04-13: Highest Volume — 148 contracts
2021-04-06: Largest IV spike — 96.4% change
2021-04-13: Highest IV Rank — 55.4%
2021-04-06: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.74	$39.63	$41.97	$39.69	$39.63
Max Pain	$40.00	$40.00	$40.00	$40.00	$40.00
ATM IV	35.1%	21.7%	62.7%	29.9%	34.8%
Expected Move	8.8%	6.0%	11.2%	8.6%	10.0%
HV 20d	19.6%	15.1%	26.6%	26.0%	16.6%
HV 60d	34.5%	30.4%	37.3%	37.2%	30.4%
IV Rank	18.0%	0.0%	55.4%	8.2%	17.7%
IV Percentile	24.3%	0.0%	83.3%	5.2%	26.2%
Term Structure	0.8%	-9.3%	10.8%	3.4%	1.6%
VWIV	31.6%	22.1%	48.2%	30.0%	36.6%
Skew 25d	13.5%	-5.9%	62.7%	-0.1%	0.6%
Skew 10d	24.7%	-9.3%	102.7%	-0.8%	0.5%
Call IV 25d	30.5%	16.1%	40.6%	34.2%	37.0%
Put IV 25d	44.0%	24.4%	98.5%	34.1%	37.6%
Bid-Ask Spread %	109.37	95.11	119.25	111.22	107.77
Gamma HHI	0.45	0.39	0.53	0.46	0.41
Net GEX	62.3K	46.1K	76.3K	54.1K	46.1K
Net DEX	-990.2K	-1.4M	-593.1K	-875.9K	-610.4K
Net VEX	-3.4K	-4.1K	-2.8K	-3.8K	-3.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.00	2.36	0.00	0.14
Total Volume	20.381	0	148	57	32
Total OI	823.762	764	868	805	795

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
2021-04-01	$39.69	$40.00	29.9%	8.6%	26.0%	8.2%	30.0%	-0.1%	3.4%	54.1K	-875.9K	-3.8K	0.00	111.22	57	0	625	180
2021-04-05	$40.50	$40.00	21.7%	6.0%	26.6%	0.0%	25.6%	1.5%	7.5%	63.3K	-1.0M	-4.1K	0.67	105.85	3	2	679	180
2021-04-06	$40.73	$40.00	42.5%	11.2%	25.7%	28.2%	0.0%	8.7%	-9.0%	59.3K	-1.1M	-4.0K	0.00	95.11	2	0	686	181
2021-04-07	$40.85	$40.00	48.5%	8.7%	25.3%	36.2%	0.0%	7.0%	2.6%	68.3K	-1.2M	-4.0K	0.00	98.43	1	0	687	181
2021-04-08	$41.20	$40.00	41.5%	7.7%	24.8%	26.8%	28.3%	9.6%	3.3%	75.6K	-1.3M	-3.7K	0.00	114.76	3	0	686	181
2021-04-09	$40.74	$40.00	44.3%	9.1%	25.2%	30.5%	0.0%	-5.7%	1.3%	66.6K	-1.0M	-3.7K	0.00	101.69	0	0	683	181
2021-04-12	$41.41	$40.00	47.0%	10.9%	25.6%	34.3%	35.9%	1.9%	-9.1%	66.3K	-1.2M	-3.7K	0.00	104.95	9	0	683	181
2021-04-13	$41.29	$40.00	62.7%	8.3%	18.3%	55.4%	27.6%	3.3%	4.6%	76.3K	-1.2M	-3.5K	2.36	101.35	44	104	682	181
2021-04-14	$41.22	$40.00	27.7%	8.0%	18.3%	8.2%	22.1%	-5.9%	9.2%	67.8K	-1.2M	-3.7K	0.33	109.29	6	2	682	181
2021-04-15	$41.97	$40.00	30.0%	8.6%	19.3%	11.3%	0.0%	0.7%	5.9%	71.5K	-1.4M	-3.5K	0.00	109.24	0	2	680	181
2021-04-16	$41.82	$40.00	27.3%	7.8%	16.1%	7.6%	48.2%	13.9%	-3.5%	76.0K	-1.3M	-3.3K	0.25	115.94	4	1	680	183
2021-04-19	$41.52	$40.00	36.0%	10.3%	16.2%	19.4%	38.2%	8.7%	-8.9%	59.6K	-1.2M	-3.5K	0.59	109.15	17	10	608	167
2021-04-20	$40.80	$40.00	27.4%	7.9%	16.7%	7.8%	26.4%	-2.8%	-9.3%	56.1K	-924.1K	-3.3K	1.00	118.70	3	3	591	177
2021-04-21	$40.71	$40.00	30.4%	8.7%	16.7%	11.8%	0.0%	-0.5%	0.7%	59.4K	-876.7K	-3.1K	1.18	112.13	11	13	594	180
2021-04-22	$40.41	$40.00	26.7%	7.7%	16.2%	6.8%	0.0%	59.7%	10.8%	62.1K	-805.6K	-3.2K	0.18	116.89	11	2	600	193
2021-04-23	$40.56	$40.00	30.2%	8.7%	15.3%	11.5%	30.3%	56.9%	-3.2%	62.5K	-795.7K	-3.0K	0.00	111.20	2	0	602	195
2021-04-26	$40.59	$40.00	30.1%	8.6%	15.1%	11.4%	29.7%	57.9%	0.6%	66.2K	-816.1K	-3.0K	0.00	113.79	44	0	604	195
2021-04-27	$40.12	$40.00	28.5%	8.2%	15.8%	9.2%	0.0%	9.6%	3.2%	52.3K	-665.4K	-2.8K	0.00	106.67	31	0	564	200
2021-04-28	$39.79	$40.00	32.0%	9.2%	16.1%	13.9%	0.0%	62.7%	5.1%	50.8K	-593.1K	-2.9K	0.00	119.25	0	5	595	200
2021-04-29	$40.09	$40.00	37.2%	10.7%	16.1%	21.0%	0.0%	-4.3%	0.4%	48.1K	-723.3K	-3.3K	0.00	113.45	0	4	595	200
2021-04-30	$39.63	$40.00	34.8%	10.0%	16.6%	17.7%	36.6%	0.6%	1.6%	46.1K	-610.4K	-3.1K	0.14	107.77	28	4	595	200