CNNE Options History — December 2022

In December 2022, CNNE traded between $19.62 and $23.58. ATM implied volatility averaged 58.2%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 17.5% (HV 20d: 40.8%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.00.

Notable Days

2022-12-30: Highest Volume — 40 contracts
2022-12-05: Largest IV spike — 46.3% change
2022-12-13: Highest IV Rank — 54.7%
2022-12-29: Largest Expected Move — 18.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.16	$19.62	$23.58	$23.58	$20.63
Max Pain	$24.05	$20.00	$25.00	$22.50	$20.00
ATM IV	58.2%	39.6%	84.5%	52.9%	59.6%
Expected Move	14.1%	10.8%	18.6%	15.2%	17.1%
HV 20d	40.8%	31.8%	55.4%	54.7%	34.5%
HV 60d	47.1%	45.0%	48.5%	48.0%	45.0%
IV Rank	28.2%	8.8%	54.7%	23.8%	28.8%
IV Percentile	62.4%	7.9%	95.2%	58.3%	77.0%
Term Structure	-3.6%	-32.4%	12.8%	-32.4%	-17.6%
VWIV	48.6%	38.9%	55.9%	38.9%	50.9%
Skew 25d	9.6%	-14.7%	37.0%	-4.7%	13.8%
Skew 10d	6.1%	-34.2%	34.7%	-34.2%	8.6%
Call IV 25d	39.4%	28.5%	58.5%	41.2%	41.3%
Put IV 25d	48.9%	33.5%	72.1%	36.5%	55.1%
Bid-Ask Spread %	123.02	97.26	138.33	132.56	121.16
Gamma HHI	0.66	0.55	0.77	0.77	0.61
Net GEX	15.6K	10.5K	22.4K	22.4K	14.5K
Net DEX	-444.3K	-681.5K	-236.1K	-655.8K	-411.8K
Net VEX	-3.0K	-3.6K	-2.2K	-3.6K	-2.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	0.00	5.00	0.00	0.00
Total Volume	3.429	0	40	6	40
Total OI	675.19	654	684	675	674

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
2022-12-01	$23.58	$22.50	52.9%	15.2%	54.7%	23.8%	0.0%	-4.7%	-32.4%	22.4K	-655.8K	-3.6K	0.00	132.56	6	0	617	58
2022-12-02	$23.31	$22.50	55.1%	15.8%	53.7%	25.9%	0.0%	10.2%	-23.3%	21.3K	-681.5K	-3.6K	0.00	138.33	0	1	623	58
2022-12-05	$22.57	$22.50	80.6%	14.8%	55.1%	50.9%	0.0%	-14.7%	-4.1%	17.8K	-561.3K	-3.4K	0.00	132.06	0	0	623	59
2022-12-06	$21.81	$22.50	73.0%	12.2%	55.3%	43.4%	38.9%	19.2%	5.1%	16.7K	-545.1K	-3.4K	0.00	127.98	0	1	623	59
2022-12-07	$21.54	$25.00	51.4%	12.9%	55.4%	22.3%	0.0%	1.3%	7.8%	16.8K	-434.6K	-3.0K	0.00	127.85	0	0	623	60
2022-12-08	$21.38	$25.00	70.3%	10.8%	54.7%	40.8%	0.0%	7.2%	-5.2%	15.7K	-405.7K	-3.0K	0.00	133.91	0	0	623	60
2022-12-09	$21.44	$25.00	73.1%	12.4%	38.6%	43.5%	0.0%	11.4%	3.3%	17.9K	-453.6K	-3.2K	0.00	117.19	0	0	623	60
2022-12-12	$21.38	$25.00	64.8%	11.9%	31.8%	35.4%	0.0%	30.2%	12.8%	15.7K	-480.2K	-3.1K	0.00	123.58	0	0	623	60
2022-12-13	$22.05	$25.00	84.5%	13.4%	34.1%	54.7%	55.9%	22.5%	2.4%	17.7K	-595.0K	-3.3K	0.00	127.91	0	1	623	60
2022-12-14	$21.79	$25.00	51.5%	14.8%	33.4%	22.4%	0.0%	12.7%	-6.6%	17.3K	-520.6K	-3.2K	0.00	126.58	0	0	623	61
2022-12-15	$21.24	$25.00	56.4%	16.2%	34.0%	27.1%	0.0%	37.0%	-12.5%	16.0K	-457.4K	-2.9K	0.00	127.08	0	0	623	61
2022-12-16	$20.64	$25.00	42.9%	12.3%	34.5%	13.9%	0.0%	1.2%	11.7%	13.5K	-380.4K	-2.8K	0.00	128.70	0	0	623	61
2022-12-19	$19.90	$25.00	39.6%	11.4%	35.2%	8.8%	0.0%	10.3%	0.8%	13.7K	-276.6K	-2.5K	5.00	123.75	2	10	593	61
2022-12-20	$20.48	$25.00	53.6%	15.4%	37.5%	22.8%	0.0%	-11.8%	2.3%	11.5K	-369.2K	-2.9K	0.00	113.64	2	0	594	69
2022-12-21	$20.45	$25.00	54.0%	15.5%	37.2%	23.2%	0.0%	25.9%	-17.9%	14.8K	-407.8K	-2.9K	0.00	115.85	1	0	596	69
2022-12-22	$20.05	$25.00	46.2%	13.2%	37.1%	15.4%	0.0%	2.7%	2.9%	13.2K	-236.1K	-2.2K	0.00	120.75	0	0	597	69
2022-12-23	$19.99	$25.00	57.5%	16.5%	37.1%	26.7%	0.0%	-0.6%	-15.9%	10.5K	-418.9K	-2.8K	0.00	110.72	0	0	597	69
2022-12-27	$19.94	$25.00	42.9%	12.3%	34.6%	12.1%	0.0%	4.5%	8.4%	13.1K	-245.2K	-2.2K	0.00	114.07	0	0	597	69
2022-12-28	$19.62	$25.00	47.8%	13.7%	31.8%	17.0%	50.9%	-4.7%	-6.9%	14.6K	-370.3K	-2.7K	0.00	97.26	6	0	597	69
2022-12-29	$20.48	$20.00	64.7%	18.6%	35.6%	33.9%	0.0%	27.4%	8.5%	11.8K	-423.3K	-2.9K	0.00	122.42	0	2	603	69
2022-12-30	$20.63	$20.00	59.6%	17.1%	34.5%	28.8%	0.0%	13.8%	-17.6%	14.5K	-411.8K	-2.7K	0.00	121.16	0	40	603	71