CNNE Options History — April 2022

In April 2022, CNNE traded between $22.21 and $25.07. ATM implied volatility averaged 56.5%, placing in the 56.9% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 12.2% (HV 20d: 44.3%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.75.

Notable Days

2022-04-07: Highest Volume — 1,290 contracts
2022-04-11: Largest IV spike — 131.3% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-29: Largest Expected Move — 18.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.67	$22.21	$25.07	$24.31	$22.49
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	56.5%	34.9%	90.2%	46.6%	65.0%
Expected Move	13.8%	11.0%	18.6%	11.3%	18.6%
HV 20d	44.3%	38.2%	51.3%	48.4%	47.4%
HV 60d	46.5%	44.5%	49.4%	44.5%	47.2%
IV Rank	56.9%	27.0%	100.0%	48.6%	63.9%
IV Percentile	83.8%	40.1%	100.0%	75.4%	97.2%
Term Structure	-3.2%	-16.9%	8.2%	-14.2%	-3.0%
VWIV	47.5%	40.2%	62.8%	40.2%	62.8%
Skew 25d	5.2%	-8.6%	15.5%	1.9%	15.4%
Skew 10d	11.1%	-13.4%	39.5%	10.0%	14.6%
Call IV 25d	46.5%	30.6%	59.1%	55.3%	55.7%
Put IV 25d	51.6%	41.1%	71.1%	57.2%	71.1%
Bid-Ask Spread %	97.73	84.52	117.26	101.63	117.26
Gamma HHI	0.93	0.89	0.96	0.93	0.90
Net GEX	98.7K	50.6K	136.6K	51.9K	85.9K
Net DEX	-1.5M	-2.6M	-921.2K	-925.7K	-921.2K
Net VEX	-5.5K	-7.6K	-4.0K	-4.2K	-4.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.75	0.05	1.63	1.63	0.54
Total Volume	189.05	2	1,290	108	125
Total OI	2,111.85	1,241	2,483	1,241	2,358

Daily Data (20 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
2022-04-01	$24.31	$25.00	46.6%	11.3%	48.4%	48.6%	40.2%	1.9%	-14.2%	51.9K	-925.7K	-4.2K	1.63	101.63	41	67	1,156	85
2022-04-04	$24.42	$25.00	61.9%	11.5%	44.8%	76.9%	40.2%	10.5%	6.1%	50.6K	-1.0M	-4.1K	1.63	104.78	41	67	1,158	85
2022-04-05	$24.75	$25.00	61.7%	12.1%	43.8%	76.5%	45.4%	-4.3%	-6.9%	51.3K	-1.1M	-4.1K	0.32	89.26	207	67	1,158	85
2022-04-06	$23.95	$25.00	60.2%	13.0%	40.9%	73.8%	48.6%	2.0%	1.7%	50.8K	-944.8K	-4.0K	0.28	91.99	223	63	1,295	85
2022-04-07	$24.08	$25.00	68.5%	12.0%	41.0%	89.2%	42.7%	10.9%	-2.8%	53.1K	-943.6K	-4.1K	0.05	93.03	1,233	57	1,307	104
2022-04-08	$24.34	$25.00	34.9%	12.3%	39.9%	27.0%	43.8%	-1.0%	0.8%	131.2K	-2.2M	-7.6K	0.97	84.52	59	57	2,365	104
2022-04-11	$23.60	$25.00	80.7%	11.0%	40.8%	100.0%	42.9%	-1.8%	7.5%	115.3K	-1.8M	-6.9K	1.00	90.39	57	57	2,379	104
2022-04-12	$23.98	$25.00	90.2%	12.6%	41.0%	100.0%	50.2%	1.3%	-14.7%	128.2K	-2.0M	-7.0K	0.84	96.16	63	53	2,377	104
2022-04-13	$24.08	$25.00	42.9%	12.3%	38.2%	32.3%	40.8%	6.7%	-2.1%	130.9K	-2.1M	-7.0K	0.82	94.67	65	53	2,370	103
2022-04-14	$23.51	$25.00	51.1%	14.7%	39.0%	44.1%	46.5%	8.0%	-16.6%	118.6K	-1.6M	-6.4K	0.84	95.81	63	53	2,372	104
2022-04-18	$23.09	$25.00	44.3%	12.7%	38.7%	34.4%	42.2%	11.1%	0.2%	114.4K	-1.3M	-5.5K	0.41	91.15	105	43	2,238	74
2022-04-19	$25.07	$25.00	45.0%	12.9%	46.3%	35.4%	45.0%	15.5%	-6.5%	136.6K	-2.6M	-6.7K	0.48	90.66	89	43	2,236	79
2022-04-20	$24.26	$25.00	47.8%	13.7%	46.4%	39.4%	45.4%	2.6%	-1.6%	129.0K	-2.0M	-6.2K	0.70	95.08	89	62	2,215	79
2022-04-21	$23.52	$25.00	55.1%	15.8%	46.8%	49.8%	47.5%	12.8%	-16.9%	115.9K	-1.7M	-5.9K	0.95	92.77	64	61	2,223	103
2022-04-22	$22.96	$25.00	57.1%	16.4%	47.3%	52.6%	56.3%	3.8%	-4.5%	96.4K	-1.5M	-5.6K	0.67	104.79	64	43	2,222	103
2022-04-25	$23.61	$25.00	56.4%	16.2%	48.5%	51.6%	50.3%	-8.6%	-10.7%	113.7K	-1.6M	-5.6K	0.81	86.61	53	43	2,227	114
2022-04-26	$22.42	$25.00	49.1%	14.1%	51.3%	41.2%	56.1%	2.5%	6.7%	100.5K	-1.0M	-4.6K	0.53	111.08	81	43	2,231	115
2022-04-27	$22.21	$25.00	53.6%	15.4%	47.6%	47.7%	50.4%	-0.6%	5.7%	93.8K	-1.0M	-4.7K	1.00	107.35	1	1	2,247	115
2022-04-28	$22.69	$25.00	57.7%	16.6%	47.6%	53.6%	53.0%	14.5%	8.2%	105.7K	-1.2M	-4.8K	0.54	115.68	81	44	2,247	111
2022-04-29	$22.49	$25.00	65.0%	18.6%	47.4%	63.9%	62.8%	15.4%	-3.0%	85.9K	-921.2K	-4.2K	0.54	117.26	81	44	2,247	111