CNNE Options History — February 2022

In February 2022, CNNE traded between $24.98 and $30.22. ATM implied volatility averaged 50.0%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 5.8% (HV 20d: 44.2%). Max pain ranged from $20.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.43.

Notable Days

2022-02-22: Highest Volume — 493 contracts
2022-02-03: Largest IV spike — 40.7% change
2022-02-03: Highest IV Rank — 91.9%
2022-02-24: Largest Expected Move — 17.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.04	$24.98	$30.22	$30.22	$26.83
Max Pain	$22.24	$20.00	$30.00	$30.00	$22.50
ATM IV	50.0%	36.9%	74.4%	44.9%	55.9%
Expected Move	13.7%	10.6%	17.0%	12.9%	16.0%
HV 20d	44.2%	32.4%	54.8%	32.4%	52.9%
HV 60d	42.1%	39.3%	44.3%	39.3%	43.3%
IV Rank	51.1%	28.2%	91.9%	41.9%	65.9%
IV Percentile	81.9%	52.0%	99.2%	77.4%	93.7%
Term Structure	-11.9%	-32.3%	25.4%	-8.8%	-24.5%
VWIV	59.8%	42.4%	88.3%	47.1%	43.5%
Skew 25d	7.9%	-43.3%	52.8%	52.8%	4.8%
Skew 10d	11.1%	-82.6%	86.9%	86.9%	16.3%
Call IV 25d	46.5%	29.2%	92.1%	36.4%	47.6%
Put IV 25d	54.4%	40.7%	107.4%	89.2%	52.4%
Bid-Ask Spread %	117.40	111.98	128.37	117.96	115.06
Gamma HHI	0.59	0.37	0.82	0.43	0.78
Net GEX	21.6K	2.0K	32.0K	25.9K	31.9K
Net DEX	-387.8K	-1.2M	-7.5K	-322.2K	-1.2M
Net VEX	-1.5K	-4.0K	-562	-1.4K	-3.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.06	0.73	0.60	0.14
Total Volume	169.526	85	493	85	301
Total OI	805.316	307	981	791	978

Daily Data (19 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
2022-02-01	$30.22	$30.00	44.9%	12.9%	32.4%	41.9%	47.1%	52.8%	-8.8%	25.9K	-322.2K	-1.4K	0.60	117.96	53	32	733	58
2022-02-02	$28.50	$30.00	52.9%	15.2%	36.9%	55.4%	65.4%	-43.3%	-5.1%	22.4K	-271.0K	-1.4K	0.59	117.53	59	35	735	58
2022-02-03	$27.40	$20.00	74.4%	13.8%	38.1%	91.9%	77.4%	-0.8%	-5.2%	14.1K	-151.4K	-1.0K	0.59	113.29	59	35	743	61
2022-02-04	$28.08	$20.00	61.0%	16.1%	40.3%	69.2%	55.5%	2.1%	-29.6%	17.2K	-186.8K	-957	0.59	114.34	59	35	743	61
2022-02-07	$28.61	$20.00	44.5%	13.0%	41.7%	41.2%	63.3%	17.6%	-21.2%	25.8K	-189.4K	-855	0.56	117.78	62	35	739	61
2022-02-08	$29.06	$20.00	51.0%	10.6%	42.3%	52.3%	71.8%	15.7%	-10.4%	22.8K	-248.5K	-898	0.45	121.32	78	35	740	61
2022-02-09	$29.67	$20.00	44.5%	12.7%	42.9%	41.1%	88.3%	9.5%	-7.4%	27.3K	-354.7K	-1.1K	0.45	114.34	78	35	750	61
2022-02-10	$28.90	$20.00	40.6%	11.6%	43.3%	34.5%	61.1%	11.8%	-6.9%	28.7K	-343.0K	-1.0K	0.49	112.62	72	35	750	60
2022-02-11	$28.34	$20.00	36.9%	10.6%	43.5%	28.2%	64.7%	11.9%	0.0%	20.1K	-201.2K	-1.1K	0.48	111.98	73	35	753	60
2022-02-14	$28.83	$20.00	42.4%	12.2%	43.5%	37.7%	63.1%	9.3%	-19.0%	19.8K	-176.5K	-781	0.46	116.40	76	35	754	60
2022-02-15	$29.52	$20.00	44.0%	12.6%	43.3%	40.4%	56.0%	19.1%	-23.6%	22.0K	-315.6K	-899	0.46	118.33	76	35	758	60
2022-02-16	$29.43	$20.00	59.1%	16.9%	42.9%	65.9%	68.5%	-5.2%	-26.3%	23.3K	-337.3K	-1.0K	0.46	112.77	76	35	757	59
2022-02-17	$28.45	$20.00	41.3%	11.8%	44.1%	35.6%	42.4%	2.5%	25.4%	23.2K	-241.0K	-1.1K	0.56	115.74	80	45	757	59
2022-02-18	$27.00	$30.00	43.8%	12.6%	47.3%	39.9%	45.5%	-1.9%	3.6%	3.2K	-27.8K	-740	0.73	124.59	84	61	770	69
2022-02-22	$26.22	$22.50	49.8%	14.3%	47.9%	50.1%	48.5%	3.9%	-20.7%	2.0K	-7.5K	-562	0.06	118.51	465	28	262	45
2022-02-23	$24.98	$22.50	48.9%	14.0%	50.0%	49.3%	56.1%	-4.6%	-15.6%	20.6K	-598.7K	-2.6K	0.14	128.37	275	38	687	45
2022-02-24	$26.36	$22.50	59.2%	17.0%	54.8%	67.0%	63.1%	-5.9%	-32.3%	27.4K	-1.2M	-4.0K	0.15	117.73	267	39	921	60
2022-02-25	$26.27	$22.50	54.5%	15.6%	52.1%	63.3%	54.7%	49.9%	2.2%	32.0K	-1.1M	-3.8K	0.14	121.95	262	38	923	50
2022-02-28	$26.83	$22.50	55.9%	16.0%	52.9%	65.9%	43.5%	4.8%	-24.5%	31.9K	-1.2M	-3.9K	0.14	115.06	263	38	928	50