CNNE Options History — March 2023

In March 2023, CNNE traded between $18.96 and $22.25. ATM implied volatility averaged 69.4%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 34.4% (HV 20d: 35.0%). Max pain ranged from $17.50 to $35.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.02.

Notable Days

  • 2023-03-23: Highest Volume — 19 contracts
  • 2023-03-08: Largest IV spike — 93.6% change
  • 2023-03-13: Highest IV Rank — 100.0%
  • 2023-03-13: Largest Expected Move — 27.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.23$18.96$22.25$22.25$20.12
Max Pain$27.50$17.50$35.00$25.00$17.50
ATM IV69.4%31.3%234.0%56.8%46.4%
Expected Move15.4%9.0%27.1%16.3%13.3%
HV 20d35.0%31.0%39.0%32.0%38.3%
HV 60d32.6%30.7%34.4%32.0%32.4%
IV Rank26.6%0.2%100.0%26.0%7.7%
IV Percentile59.7%0.4%100.0%70.6%32.1%
Term Structure-4.7%-29.5%23.0%-6.0%9.4%
VWIV49.1%28.3%69.3%35.2%56.8%
Skew 25d10.4%-12.3%49.6%22.3%21.9%
Skew 10d10.3%-34.3%45.6%45.6%13.7%
Call IV 25d46.6%23.5%110.0%44.7%23.5%
Put IV 25d57.0%30.9%117.5%67.0%45.4%
Bid-Ask Spread %129.82118.07144.07129.16121.38
Gamma HHI0.930.890.970.970.90
Net GEX13.6K8.3K23.7K23.7K13.6K
Net DEX-218.4K-433.9K-94.2K-329.7K-214.2K
Net VEX-1.3K-2.1K-765-1.8K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.190.000.00
Total Volume2.26101920
Total OI584.739569597582597

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$22.25$25.0056.8%16.3%32.0%26.0%0.0%22.3%-6.0%23.7K-329.7K-1.8K0.00129.160256814
2023-03-02$21.99$25.0056.0%16.0%31.0%25.2%0.0%17.8%-9.5%23.2K-314.3K-1.9K0.00126.010056816
2023-03-03$22.17$25.0070.4%20.2%31.1%39.6%35.2%49.6%-21.9%20.3K-406.7K-2.1K0.00144.071056816
2023-03-06$21.94$35.0076.4%14.7%31.1%45.6%0.0%26.6%-12.6%20.1K-433.9K-2.1K0.00135.280056916
2023-03-07$21.26$35.0043.6%14.5%32.4%12.8%0.0%-9.3%2.8%16.2K-344.7K-1.9K0.00131.790056916
2023-03-08$21.69$35.0084.5%14.1%32.7%53.7%0.0%2.8%-4.2%19.5K-333.1K-1.8K0.00134.840056916
2023-03-09$21.08$35.0080.4%13.2%33.3%49.6%0.0%-12.3%-19.1%16.0K-169.8K-1.3K0.00139.070156916
2023-03-10$19.81$35.00122.4%13.5%38.2%91.6%0.0%13.1%23.0%12.3K-234.0K-1.4K0.00129.090056916
2023-03-13$19.70$35.00234.0%27.1%38.2%100.0%0.0%7.6%-22.9%11.4K-294.9K-1.6K0.00143.310056916
2023-03-14$20.12$35.00117.0%16.0%39.0%42.4%0.0%18.3%-13.3%13.0K-252.1K-1.5K0.00128.861056916
2023-03-15$19.98$35.0041.0%11.7%38.7%5.0%0.0%18.8%1.1%11.3K-158.7K-1.1K0.00123.700057016
2023-03-16$19.96$35.0057.6%16.5%38.5%13.2%0.0%28.4%-10.5%12.7K-181.2K-1.3K0.00136.620057016
2023-03-17$19.39$35.0067.2%19.3%34.2%17.9%0.0%20.7%-6.6%10.3K-284.3K-1.6K0.00142.571057016
2023-03-20$19.26$35.0031.3%9.0%34.2%0.2%28.3%-2.2%14.3%10.3K-143.5K-1.1K0.00118.0711055316
2023-03-21$19.88$25.0054.2%15.5%36.6%11.5%0.0%-5.0%-2.4%14.1K-147.3K-9750.00125.731056416
2023-03-22$19.37$25.0044.6%12.8%37.2%6.8%55.7%-8.1%4.0%8.3K-94.2K-7800.00123.932056416
2023-03-23$19.19$17.5060.3%17.3%34.5%14.5%69.3%-2.3%-6.2%9.6K-128.6K-9820.19121.7216356516
2023-03-24$19.05$17.5077.8%22.3%34.0%23.1%0.0%8.4%-29.5%8.8K-106.9K-9020.00129.481056519
2023-03-27$19.26$17.5046.4%13.3%34.6%7.7%0.0%1.6%1.4%8.7K-98.2K-8340.00124.210156619
2023-03-28$18.96$17.5033.0%9.5%33.9%1.1%0.0%-6.2%11.6%9.1K-94.8K-8140.00125.170156620
2023-03-29$19.44$17.5042.7%12.2%35.9%5.8%56.8%12.8%-12.9%10.1K-102.7K-7650.00127.6610056621
2023-03-30$19.45$17.5052.1%14.9%35.9%10.5%0.0%13.5%2.7%11.2K-156.4K-1.0K0.00124.030057621
2023-03-31$20.12$17.5046.4%13.3%38.3%7.7%0.0%21.9%9.4%13.6K-214.2K-1.2K0.00121.380057621