CNNE Options History — October 2023

In October 2023, CNNE traded between $16.20 and $18.95. ATM implied volatility averaged 49.6%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 17.8% (HV 20d: 31.8%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.01.

Notable Days

2023-10-31: Highest Volume — 261 contracts
2023-10-20: Largest IV spike — 50.5% change
2023-10-30: Highest IV Rank — 23.7%
2023-10-30: Largest Expected Move — 21.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.71	$16.20	$18.95	$18.77	$16.34
Max Pain	$18.18	$17.50	$20.00	$17.50	$17.50
ATM IV	49.6%	27.6%	74.9%	47.9%	47.1%
Expected Move	14.1%	7.9%	21.5%	13.7%	13.5%
HV 20d	31.8%	23.0%	35.4%	23.0%	27.0%
HV 60d	27.7%	25.5%	28.5%	25.5%	26.4%
IV Rank	11.5%	1.0%	23.7%	10.7%	10.3%
IV Percentile	43.1%	0.4%	91.7%	42.5%	42.5%
Term Structure	-2.9%	-25.8%	33.6%	-19.7%	-6.9%
VWIV	44.0%	32.4%	66.0%	66.0%	48.2%
Skew 25d	10.5%	-18.6%	47.0%	26.5%	5.8%
Skew 10d	24.9%	-2.4%	90.6%	31.9%	40.6%
Call IV 25d	40.5%	30.0%	70.9%	31.9%	47.1%
Put IV 25d	51.0%	35.1%	92.4%	58.3%	52.9%
Bid-Ask Spread %	100.40	81.35	124.04	106.91	99.64
Gamma HHI	0.46	0.34	0.61	0.34	0.52
Net GEX	686	-5.1K	4.9K	3.4K	-3.6K
Net DEX	-11.3K	-74.2K	78.0K	-56.3K	78.0K
Net VEX	-558	-844	-198	-306	-698
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.01	0.00	28.00	0.20	0.01
Total Volume	36.5	0	261	6	261
Total OI	325.682	163	467	163	456

Daily Data (22 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
2023-10-02	$18.77	$17.50	47.9%	13.7%	23.0%	10.7%	66.0%	26.5%	-19.7%	3.4K	-56.3K	-306	0.20	106.91	5	1	138	25
2023-10-03	$17.87	$17.50	62.3%	17.8%	28.1%	17.6%	0.0%	1.5%	-2.3%	1.7K	-13.0K	-198	0.00	113.11	9	0	143	26
2023-10-04	$18.36	$17.50	42.6%	12.2%	30.4%	8.2%	0.0%	-18.6%	-3.3%	2.7K	-34.1K	-221	0.00	124.04	0	0	152	26
2023-10-05	$18.27	$17.50	63.7%	21.3%	30.4%	18.3%	0.0%	32.7%	-25.8%	2.9K	-42.1K	-236	0.00	103.67	0	0	152	26
2023-10-06	$18.31	$17.50	73.2%	15.7%	30.4%	22.9%	53.9%	8.5%	-19.1%	2.8K	-43.8K	-255	0.00	104.20	1	0	152	26
2023-10-09	$18.22	$17.50	58.8%	15.5%	30.1%	16.0%	42.0%	10.7%	-16.8%	2.7K	-34.7K	-221	0.00	95.49	18	0	153	26
2023-10-10	$18.48	$17.50	56.0%	16.3%	30.6%	14.6%	0.0%	16.8%	-14.8%	3.4K	-46.8K	-255	0.00	105.51	0	0	160	26
2023-10-11	$18.95	$17.50	34.7%	10.0%	32.3%	4.4%	36.7%	6.7%	1.3%	4.9K	-41.6K	-211	0.42	100.16	107	45	160	26
2023-10-12	$18.25	$17.50	39.9%	11.4%	34.6%	6.9%	40.9%	4.1%	11.0%	3.6K	-74.2K	-509	1.18	98.34	17	20	225	70
2023-10-13	$18.18	$20.00	53.0%	15.2%	34.5%	13.2%	36.6%	7.3%	-22.6%	3.3K	-70.0K	-641	0.05	100.68	19	1	225	83
2023-10-16	$18.52	$20.00	40.4%	11.6%	35.4%	7.1%	39.9%	4.6%	33.6%	4.0K	-68.1K	-586	28.00	93.28	2	56	240	83
2023-10-17	$18.34	$20.00	47.6%	13.6%	35.3%	10.6%	0.0%	6.4%	-16.3%	287	-29.5K	-713	0.00	99.95	37	0	242	138
2023-10-18	$18.01	$20.00	40.4%	11.6%	34.1%	7.2%	32.4%	12.4%	-2.8%	793	-39.1K	-824	0.08	92.11	49	4	277	138
2023-10-19	$17.84	$20.00	27.6%	7.9%	33.4%	1.0%	32.6%	6.8%	23.8%	-868	-25.3K	-825	0.00	101.05	58	0	325	142
2023-10-20	$17.56	$20.00	41.5%	11.9%	33.5%	7.7%	40.3%	7.3%	-5.9%	487	-21.8K	-844	3.78	104.77	9	34	319	147
2023-10-23	$17.18	$17.50	34.6%	9.9%	34.2%	4.4%	52.7%	15.0%	2.0%	-5.1K	37.8K	-832	0.00	96.64	0	1	264	168
2023-10-24	$16.97	$17.50	35.6%	10.2%	34.2%	4.9%	35.6%	-1.4%	-2.0%	-5.0K	52.0K	-786	0.00	97.06	0	1	264	165
2023-10-25	$16.52	$17.50	47.8%	13.7%	33.4%	10.7%	58.0%	15.9%	2.0%	-2.5K	58.1K	-772	0.38	98.89	13	5	264	166
2023-10-26	$16.21	$17.50	51.6%	14.8%	32.5%	12.5%	0.0%	-0.5%	28.5%	-2.4K	61.1K	-787	0.00	92.93	26	0	268	167
2023-10-27	$16.20	$17.50	68.9%	19.7%	31.2%	20.8%	0.0%	15.9%	-9.3%	-832	48.9K	-765	0.00	81.35	2	0	289	167
2023-10-30	$16.23	$17.50	74.9%	21.5%	31.0%	23.7%	0.0%	47.0%	2.4%	-1.5K	55.0K	-780	0.00	98.97	2	0	289	167
2023-10-31	$16.34	$17.50	47.1%	13.5%	27.0%	10.3%	48.2%	5.8%	-6.9%	-3.6K	78.0K	-698	0.01	99.64	259	2	289	167