CNNE Options History — January 2024

In January 2024, CNNE traded between $19.43 and $20.88. ATM implied volatility averaged 30.9%, placing in the 3.8% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 6.6% (HV 20d: 24.3%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 13.79.

Notable Days

2024-01-19: Highest Volume — 169 contracts
2024-01-25: Largest IV spike — 85.5% change
2024-01-25: Highest IV Rank — 9.3%
2024-01-25: Largest Expected Move — 12.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.30	$19.43	$20.88	$19.73	$20.36
Max Pain	$15.95	$15.00	$20.00	$20.00	$17.50
ATM IV	30.9%	22.8%	42.4%	31.3%	31.7%
Expected Move	8.6%	6.5%	12.1%	9.0%	9.1%
HV 20d	24.3%	21.7%	25.1%	22.1%	24.7%
HV 60d	27.4%	26.2%	29.2%	27.7%	26.2%
IV Rank	3.8%	0.0%	9.3%	4.1%	4.2%
IV Percentile	11.3%	0.4%	37.3%	8.7%	15.1%
Term Structure	3.0%	-13.8%	21.6%	-3.2%	-3.0%
VWIV	28.4%	19.1%	47.3%	30.3%	19.2%
Skew 25d	5.3%	-4.8%	17.1%	0.5%	17.1%
Skew 10d	5.7%	-13.9%	33.7%	0.9%	33.7%
Call IV 25d	26.0%	18.8%	39.7%	30.3%	25.0%
Put IV 25d	31.3%	25.4%	42.1%	30.8%	42.1%
Bid-Ask Spread %	101.15	85.37	110.94	103.50	95.77
Gamma HHI	0.66	0.50	0.99	0.59	0.56
Net GEX	128.5K	6.2K	275.3K	185.3K	6.7K
Net DEX	-1.1M	-2.6M	-219.9K	-1.5M	-290.7K
Net VEX	-2.2K	-4.3K	-1.2K	-3.8K	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	13.79	0.00	168.00	0.00	0.00
Total Volume	16.429	0	169	0	0
Total OI	2,352.19	422	3,542	3,505	462

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
2024-01-02	$19.73	$20.00	31.3%	9.0%	22.1%	4.1%	0.0%	0.5%	-3.2%	185.3K	-1.5M	-3.8K	0.00	103.50	0	0	3,395	110
2024-01-03	$19.43	$20.00	26.3%	7.5%	21.7%	1.7%	0.0%	8.6%	1.0%	153.4K	-936.0K	-2.9K	0.00	95.60	0	0	3,395	110
2024-01-04	$20.16	$15.00	26.6%	7.7%	24.0%	1.8%	0.0%	8.4%	4.8%	204.6K	-1.6M	-3.4K	0.00	110.94	0	0	3,395	110
2024-01-05	$20.73	$15.00	37.8%	8.1%	24.7%	7.1%	0.0%	4.8%	5.5%	244.1K	-2.4M	-4.3K	0.00	107.90	1	0	3,395	110
2024-01-08	$20.88	$15.00	33.9%	6.9%	23.7%	5.3%	0.0%	-0.5%	13.1%	259.1K	-2.6M	-3.7K	7.80	107.01	5	39	3,396	110
2024-01-09	$20.70	$15.00	33.5%	8.8%	24.2%	5.1%	30.3%	3.2%	0.2%	239.2K	-2.3M	-3.4K	0.00	85.37	15	0	3,386	149
2024-01-10	$20.74	$15.00	30.2%	8.6%	24.2%	3.5%	0.0%	-1.0%	1.2%	237.8K	-2.3M	-3.3K	0.00	98.92	2	0	3,389	149
2024-01-11	$20.64	$15.00	29.5%	8.5%	24.4%	3.2%	0.0%	-1.5%	3.0%	215.9K	-2.1M	-2.7K	0.00	98.91	16	0	3,388	149
2024-01-12	$20.23	$15.00	28.6%	8.2%	25.0%	2.8%	0.0%	-4.0%	4.9%	226.6K	-1.7M	-2.5K	0.00	103.04	7	0	3,392	149
2024-01-16	$20.02	$15.00	30.4%	8.7%	23.8%	3.6%	0.0%	-4.7%	2.3%	220.5K	-1.4M	-2.1K	0.00	94.66	0	0	3,393	149
2024-01-17	$19.76	$15.00	28.3%	8.1%	24.2%	2.6%	28.3%	10.3%	2.7%	275.3K	-953.4K	-1.9K	0.00	101.05	18	0	3,393	149
2024-01-18	$19.52	$15.00	28.2%	8.1%	24.6%	2.6%	0.0%	7.9%	21.6%	174.4K	-352.7K	-1.4K	0.00	99.14	0	4	3,393	149
2024-01-19	$19.74	$15.00	36.7%	10.5%	24.4%	6.6%	0.0%	-4.8%	-13.8%	6.9K	-219.9K	-1.3K	168.00	108.92	1	168	3,393	148
2024-01-22	$20.27	$15.00	32.2%	9.2%	25.0%	4.5%	19.1%	8.1%	6.0%	7.7K	-316.2K	-1.2K	3.67	94.44	3	11	289	133
2024-01-23	$20.38	$15.00	29.9%	8.6%	25.0%	3.4%	27.8%	11.6%	2.2%	7.1K	-311.7K	-1.3K	0.08	105.88	12	1	292	143
2024-01-24	$20.52	$15.00	22.8%	6.5%	25.1%	0.0%	27.0%	8.3%	12.8%	7.5K	-313.1K	-1.2K	2.50	105.70	4	10	287	144
2024-01-25	$20.54	$15.00	42.4%	12.1%	25.0%	9.3%	47.3%	13.9%	-5.5%	6.8K	-303.3K	-1.2K	11.00	102.83	1	11	291	150
2024-01-26	$20.55	$17.50	30.5%	8.7%	24.9%	3.7%	0.0%	13.4%	1.2%	6.2K	-297.8K	-1.3K	0.00	100.74	3	0	291	157
2024-01-29	$20.80	$17.50	30.0%	8.6%	25.1%	3.4%	19.2%	7.8%	1.2%	6.4K	-324.9K	-1.3K	0.00	95.39	13	0	294	157
2024-01-30	$20.62	$17.50	27.4%	7.9%	24.2%	2.2%	0.0%	4.7%	5.4%	7.2K	-326.8K	-1.2K	0.00	108.54	0	0	305	157
2024-01-31	$20.36	$17.50	31.7%	9.1%	24.7%	4.2%	0.0%	17.1%	-3.0%	6.7K	-290.7K	-1.2K	0.00	95.77	0	0	305	157