CNNE Options History — February 2023

In February 2023, CNNE traded between $22.27 and $24.97. ATM implied volatility averaged 45.3%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 17.9% (HV 20d: 27.4%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.00.

Notable Days

2023-02-07: Highest Volume — 10 contracts
2023-02-02: Largest IV drop — 48.2% change
2023-02-01: Highest IV Rank — 36.9%
2023-02-01: Largest Expected Move — 19.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.85	$22.27	$24.97	$24.80	$22.56
Max Pain	$24.74	$20.00	$25.00	$20.00	$25.00
ATM IV	45.3%	35.0%	67.7%	67.7%	41.3%
Expected Move	13.2%	10.9%	19.4%	19.4%	11.8%
HV 20d	27.4%	21.3%	34.6%	24.6%	34.6%
HV 60d	34.4%	31.1%	40.2%	40.2%	32.2%
IV Rank	14.5%	4.2%	36.9%	36.9%	10.5%
IV Percentile	26.1%	1.6%	86.1%	86.1%	11.9%
Term Structure	-5.7%	-22.1%	10.8%	-14.3%	0.9%
VWIV	36.3%	24.6%	48.1%	48.1%	24.6%
Skew 25d	12.3%	-6.3%	34.1%	26.4%	31.5%
Skew 10d	14.1%	-6.4%	48.3%	23.5%	48.3%
Call IV 25d	36.6%	19.3%	52.3%	52.3%	31.7%
Put IV 25d	48.9%	33.6%	78.7%	78.7%	63.2%
Bid-Ask Spread %	114.18	94.54	134.98	121.16	115.84
Gamma HHI	0.94	0.85	0.97	0.85	0.96
Net GEX	24.5K	19.2K	36.6K	27.5K	20.5K
Net DEX	-651.3K	-916.4K	-331.3K	-867.6K	-404.1K
Net VEX	-2.5K	-2.9K	-2.0K	-2.9K	-2.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	1.684	0	10	0	0
Total OI	626.158	576	654	643	582

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	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-02-01	$24.80	$20.00	67.7%	19.4%	24.6%	36.9%	0.0%	26.4%	-14.3%	27.5K	-867.6K	-2.9K	121.16	0	0	626	17
2023-02-02	$24.97	$25.00	35.0%	12.3%	22.6%	4.2%	48.1%	19.5%	-13.1%	23.8K	-916.4K	-2.8K	114.43	3	0	626	17
2023-02-03	$24.74	$25.00	36.3%	11.7%	23.1%	5.5%	0.0%	24.6%	-3.7%	22.2K	-830.1K	-2.8K	118.75	2	0	625	17
2023-02-06	$24.46	$25.00	42.5%	14.5%	23.6%	11.8%	0.0%	-6.3%	-6.7%	25.4K	-774.5K	-2.7K	107.53	0	0	627	17
2023-02-07	$24.88	$25.00	46.9%	10.9%	23.5%	16.1%	0.0%	12.3%	-10.9%	36.6K	-783.4K	-2.7K	105.09	0	10	627	17
2023-02-08	$24.95	$25.00	45.6%	13.1%	23.3%	14.8%	0.0%	-0.0%	-8.1%	22.9K	-807.0K	-2.8K	115.68	0	0	625	26
2023-02-09	$24.43	$25.00	40.5%	11.6%	24.7%	9.7%	0.0%	12.1%	-0.5%	26.5K	-726.1K	-2.7K	94.54	4	0	624	26
2023-02-10	$24.28	$25.00	43.7%	12.5%	24.4%	12.9%	0.0%	-2.1%	3.9%	23.3K	-697.7K	-2.6K	133.91	2	0	624	26
2023-02-13	$24.58	$25.00	49.4%	14.2%	22.8%	18.6%	0.0%	5.7%	-10.7%	23.9K	-760.6K	-2.7K	103.73	0	1	623	26
2023-02-14	$24.68	$25.00	46.4%	13.3%	22.3%	15.6%	0.0%	16.9%	-3.0%	24.5K	-753.9K	-2.6K	122.61	0	0	623	27
2023-02-15	$24.79	$25.00	38.0%	10.9%	21.3%	7.2%	0.0%	-5.5%	1.6%	24.5K	-831.6K	-2.7K	102.18	4	0	623	27
2023-02-16	$23.30	$25.00	45.9%	13.2%	31.3%	15.1%	0.0%	6.3%	10.8%	25.9K	-528.1K	-2.3K	126.42	0	0	623	27
2023-02-17	$22.98	$25.00	47.8%	13.7%	31.6%	17.0%	0.0%	4.3%	-0.8%	22.5K	-568.7K	-2.4K	114.27	0	0	636	18
2023-02-21	$22.45	$25.00	43.1%	12.4%	32.5%	12.3%	0.0%	4.6%	-1.6%	25.4K	-331.3K	-2.0K	110.69	3	0	562	14
2023-02-22	$22.42	$25.00	58.3%	16.7%	32.5%	27.5%	0.0%	7.5%	-22.1%	22.9K	-395.8K	-2.2K	106.81	0	0	565	14
2023-02-23	$23.10	$25.00	40.7%	11.7%	34.3%	9.9%	0.0%	28.2%	7.4%	24.4K	-479.2K	-2.3K	106.88	0	0	565	14
2023-02-24	$22.52	$25.00	39.4%	11.3%	34.2%	8.6%	24.6%	13.6%	-20.1%	23.6K	-513.5K	-2.3K	113.98	3	0	565	14
2023-02-27	$22.27	$25.00	52.4%	15.0%	34.2%	21.6%	0.0%	34.1%	-16.3%	19.2K	-405.3K	-2.1K	134.98	0	0	568	14
2023-02-28	$22.56	$25.00	41.3%	11.8%	34.6%	10.5%	0.0%	31.5%	0.9%	20.5K	-404.1K	-2.1K	115.84	0	0	568	14