CNNE Options History — April 2023

In April 2023, CNNE traded between $17.72 and $19.79. ATM implied volatility averaged 51.7%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 21.1% (HV 20d: 30.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.00.

Notable Days

2023-04-13: Highest Volume — 2,255 contracts
2023-04-14: Largest IV spike — 63.4% change
2023-04-14: Highest IV Rank — 24.0%
2023-04-14: Largest Expected Move — 22.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.78	$17.72	$19.79	$19.79	$18.27
Max Pain	$18.16	$17.50	$20.00	$17.50	$17.50
ATM IV	51.7%	37.9%	79.6%	55.7%	49.3%
Expected Move	14.7%	10.7%	22.8%	16.0%	14.1%
HV 20d	30.6%	26.6%	38.5%	38.5%	31.0%
HV 60d	32.1%	31.5%	33.0%	32.6%	32.2%
IV Rank	10.3%	3.5%	24.0%	12.3%	9.1%
IV Percentile	45.1%	4.0%	92.5%	64.3%	44.0%
Term Structure	-2.5%	-36.5%	18.8%	-9.3%	18.3%
VWIV	45.6%	35.5%	62.0%	35.5%	37.9%
Skew 25d	9.4%	-14.4%	31.0%	10.7%	7.7%
Skew 10d	13.5%	-8.6%	56.6%	56.6%	15.9%
Call IV 25d	42.8%	27.2%	58.9%	45.8%	44.4%
Put IV 25d	52.2%	34.4%	72.4%	56.6%	52.1%
Bid-Ask Spread %	112.25	99.34	124.83	112.34	108.71
Gamma HHI	0.64	0.45	0.91	0.91	0.54
Net GEX	69.0K	3.7K	163.1K	12.6K	120.8K
Net DEX	-1.1M	-2.3M	-28.7K	-145.2K	-1.8M
Net VEX	-2.7K	-5.9K	-292	-920	-3.6K
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	120.211	0	2,255	0	0
Total OI	1,903.684	597	2,859	597	2,853

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
2023-04-03	$19.79	$17.50	55.7%	16.0%	38.5%	12.3%	0.0%	10.7%	-9.3%	12.6K	-145.2K	-920	112.34	0	0	576	21
2023-04-04	$19.46	$17.50	42.5%	12.2%	37.5%	5.8%	0.0%	7.2%	4.0%	11.2K	-127.0K	-892	113.43	0	0	576	21
2023-04-05	$19.20	$17.50	52.6%	15.1%	36.5%	10.8%	0.0%	-14.4%	-1.5%	8.7K	-77.4K	-620	121.64	0	0	576	21
2023-04-06	$19.20	$20.00	39.8%	13.3%	35.6%	4.4%	0.0%	-0.7%	-1.8%	9.1K	-86.4K	-631	101.85	1	0	576	21
2023-04-10	$18.99	$20.00	47.7%	13.1%	28.5%	8.3%	0.0%	9.1%	-1.5%	7.5K	-63.8K	-552	106.99	0	0	577	21
2023-04-11	$19.09	$20.00	46.9%	10.7%	28.6%	7.9%	35.5%	3.5%	10.2%	3.7K	-28.7K	-292	106.04	4	0	577	21
2023-04-12	$18.53	$20.00	59.7%	17.1%	29.0%	14.2%	49.3%	11.0%	-15.9%	6.8K	-66.4K	-549	108.47	4	0	579	21
2023-04-13	$18.68	$20.00	48.7%	14.0%	29.3%	8.8%	43.0%	10.3%	-13.3%	5.9K	-51.1K	-421	108.12	2,255	0	583	20
2023-04-14	$18.51	$17.50	79.6%	22.8%	29.3%	24.0%	0.0%	31.0%	-36.5%	75.7K	-2.3M	-5.9K	112.94	0	0	2,838	20
2023-04-17	$18.99	$17.50	46.1%	13.2%	29.5%	7.5%	0.0%	14.2%	5.3%	127.2K	-2.2M	-4.7K	117.58	0	0	2,838	20
2023-04-18	$18.61	$17.50	65.1%	18.7%	30.2%	16.9%	62.0%	27.9%	-13.4%	88.8K	-2.1M	-5.3K	123.25	1	0	2,838	20
2023-04-19	$18.80	$17.50	50.5%	14.5%	27.9%	9.7%	0.0%	10.3%	-5.1%	116.6K	-2.1M	-4.7K	116.80	0	0	2,839	20
2023-04-20	$18.80	$17.50	51.7%	14.8%	26.6%	10.3%	0.0%	20.7%	18.8%	118.3K	-2.0M	-4.5K	124.83	0	0	2,839	20
2023-04-21	$19.02	$17.50	43.6%	12.5%	26.8%	6.3%	52.1%	28.4%	6.3%	113.7K	-2.2M	-4.7K	115.10	4	0	2,839	20
2023-04-24	$19.00	$17.50	45.2%	12.9%	26.7%	7.1%	39.3%	-4.5%	-1.8%	163.1K	-2.0M	-3.2K	108.72	9	0	2,818	20
2023-04-25	$18.25	$17.50	70.8%	20.3%	29.9%	19.7%	0.0%	14.6%	-16.0%	96.7K	-1.7M	-4.1K	118.94	0	0	2,827	20
2023-04-26	$17.72	$17.50	48.9%	14.0%	31.0%	8.9%	0.0%	-9.5%	0.5%	104.6K	-1.4M	-3.4K	107.68	0	0	2,827	20
2023-04-27	$17.85	$17.50	37.9%	10.9%	29.5%	3.5%	37.9%	0.7%	6.1%	120.1K	-1.3M	-2.8K	99.34	0	6	2,827	20
2023-04-28	$18.27	$17.50	49.3%	14.1%	31.0%	9.1%	0.0%	7.7%	18.3%	120.8K	-1.8M	-3.6K	108.71	0	0	2,827	26