CNNE Options History — November 2023

In November 2023, CNNE traded between $16.49 and $18.44. ATM implied volatility averaged 39.5%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 8.6% (HV 20d: 31.0%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.73.

Notable Days

2023-11-10: Highest Volume — 255 contracts
2023-11-24: Largest IV spike — 65.7% change
2023-11-03: Highest IV Rank — 15.6%
2023-11-10: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.78	$16.49	$18.44	$16.49	$17.97
Max Pain	$17.38	$15.00	$17.50	$17.50	$17.50
ATM IV	39.5%	26.5%	58.1%	37.4%	33.0%
Expected Move	10.3%	7.6%	13.5%	10.7%	9.5%
HV 20d	31.0%	24.9%	33.6%	24.9%	30.5%
HV 60d	28.6%	26.5%	29.2%	26.5%	29.0%
IV Rank	6.7%	0.5%	15.6%	5.7%	3.6%
IV Percentile	22.4%	0.4%	72.6%	8.7%	5.6%
Term Structure	2.0%	-17.2%	24.3%	-6.6%	-2.1%
VWIV	40.7%	26.4%	73.1%	32.9%	73.1%
Skew 25d	9.2%	-5.3%	25.5%	25.5%	19.3%
Skew 10d	24.8%	-16.2%	88.6%	50.1%	40.1%
Call IV 25d	30.7%	18.1%	46.1%	44.2%	23.1%
Put IV 25d	39.9%	31.8%	69.7%	69.7%	42.4%
Bid-Ask Spread %	100.57	81.57	110.36	100.94	98.10
Gamma HHI	0.65	0.27	0.91	0.46	0.74
Net GEX	15.3K	857	28.7K	7.0K	28.7K
Net DEX	-339.9K	-461.3K	-124.7K	-124.7K	-452.1K
Net VEX	-1.1K	-1.4K	-818	-1.3K	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.00	6.50	0.00	0.00
Total Volume	23.095	0	255	2	0
Total OI	628	440	740	724	545

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
2023-11-01	$16.49	$17.50	37.4%	10.7%	24.9%	5.7%	0.0%	25.5%	-6.6%	7.0K	-124.7K	-1.3K	0.00	100.94	2	0	555	169
2023-11-02	$16.95	$15.00	57.0%	9.4%	27.5%	15.1%	32.9%	14.8%	1.3%	12.2K	-153.8K	-1.3K	1.43	81.57	14	20	557	169
2023-11-03	$17.77	$17.50	58.1%	9.9%	32.9%	15.6%	0.0%	6.2%	8.2%	12.5K	-309.6K	-1.4K	0.50	100.77	4	2	570	169
2023-11-06	$17.51	$17.50	54.7%	11.3%	33.3%	14.0%	31.1%	6.5%	12.0%	12.5K	-271.6K	-1.4K	1.00	95.27	2	2	568	171
2023-11-07	$17.76	$17.50	56.3%	11.5%	33.3%	14.8%	0.0%	8.1%	-2.6%	13.7K	-333.4K	-1.3K	0.00	97.55	0	0	570	169
2023-11-08	$17.39	$17.50	31.6%	9.1%	32.3%	2.9%	0.0%	1.9%	11.5%	7.3K	-238.6K	-1.3K	0.00	98.68	2	0	570	169
2023-11-09	$17.56	$17.50	45.1%	12.9%	30.1%	9.4%	45.7%	0.8%	-17.2%	6.3K	-226.5K	-1.2K	0.00	109.13	31	0	571	169
2023-11-10	$17.68	$17.50	47.3%	13.5%	30.3%	10.4%	43.2%	0.7%	3.6%	2.6K	-255.9K	-1.2K	0.00	106.73	254	1	545	169
2023-11-13	$17.71	$17.50	31.8%	9.1%	29.4%	3.0%	0.0%	-0.4%	9.0%	10.0K	-318.0K	-1.1K	0.00	102.39	0	16	545	168
2023-11-14	$18.44	$17.50	32.0%	9.2%	32.9%	3.1%	32.5%	5.9%	15.7%	13.0K	-461.3K	-1.0K	0.07	94.38	14	1	545	164
2023-11-15	$18.29	$17.50	34.5%	9.9%	32.3%	4.3%	0.0%	1.7%	-2.8%	14.0K	-421.5K	-1.1K	6.50	102.08	2	13	552	164
2023-11-16	$17.81	$17.50	41.9%	12.0%	33.6%	7.9%	0.0%	8.3%	-10.8%	857	-302.3K	-1.1K	0.00	110.36	0	0	554	174
2023-11-17	$17.98	$17.50	40.7%	11.7%	33.2%	7.3%	0.0%	15.3%	-8.5%	18.1K	-399.7K	-1.0K	0.00	110.07	0	0	554	174
2023-11-20	$18.01	$17.50	32.9%	9.4%	32.1%	3.5%	26.4%	5.6%	-2.2%	20.5K	-395.5K	-947	0.00	101.08	2	0	377	63
2023-11-21	$17.79	$17.50	30.8%	8.8%	32.1%	2.5%	0.0%	21.8%	-0.2%	22.6K	-359.8K	-997	0.00	100.65	0	0	379	63
2023-11-22	$17.93	$17.50	26.5%	7.6%	30.2%	0.5%	0.0%	15.9%	24.3%	24.7K	-410.1K	-912	0.00	103.31	17	0	379	63
2023-11-24	$18.24	$17.50	43.9%	12.6%	29.2%	8.8%	0.0%	17.3%	-0.2%	19.9K	-406.8K	-980	0.00	107.71	9	0	396	63
2023-11-27	$17.95	$17.50	30.7%	8.8%	30.2%	2.5%	73.1%	-5.3%	4.4%	25.9K	-415.6K	-894	0.00	96.34	0	1	405	63
2023-11-28	$18.09	$17.50	33.3%	9.5%	30.2%	3.7%	0.0%	11.7%	-1.6%	24.9K	-425.2K	-862	0.00	93.84	0	0	405	64
2023-11-29	$18.13	$17.50	31.1%	8.9%	30.2%	2.7%	0.0%	12.6%	6.5%	24.8K	-456.3K	-818	0.00	100.98	76	0	405	64
2023-11-30	$17.97	$17.50	33.0%	9.5%	30.5%	3.6%	0.0%	19.3%	-2.1%	28.7K	-452.1K	-1.2K	0.00	98.10	0	0	481	64