CNNE Options History — February 2024

In February 2024, CNNE traded between $19.98 and $22.16. ATM implied volatility averaged 34.4%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 3.8% (HV 20d: 30.7%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 2.38.

Notable Days

  • 2024-02-22: Highest Volume — 641 contracts
  • 2024-02-29: Largest IV spike — 46.0% change
  • 2024-02-21: Highest IV Rank — 9.7%
  • 2024-02-01: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.02$19.98$22.16$20.88$21.74
Max Pain$20.63$20.00$22.50$20.00$22.50
ATM IV34.4%27.3%43.2%33.2%42.6%
Expected Move10.1%7.8%12.7%12.7%12.2%
HV 20d30.7%20.4%46.7%25.2%46.4%
HV 60d27.4%23.8%33.2%25.0%32.4%
IV Rank5.5%2.1%9.7%4.9%9.4%
IV Percentile23.4%6.0%45.6%19.0%45.2%
Term Structure3.3%-13.3%27.3%-12.3%19.4%
VWIV31.6%21.2%42.0%34.1%29.3%
Skew 25d4.2%-21.0%22.0%8.4%-1.6%
Skew 10d6.6%-23.0%25.8%6.5%-15.8%
Call IV 25d31.7%22.4%41.4%36.0%38.7%
Put IV 25d35.9%19.9%45.1%44.4%37.1%
Bid-Ask Spread %102.0369.83122.81100.39119.09
Gamma HHI0.560.310.960.460.62
Net GEX-6.2K-48.4K9.1K6.8K-47.2K
Net DEX-140.4K-397.4K465.2K-343.4K465.2K
Net VEX-1.5K-3.0K-953-1.2K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.380.0015.000.001.00
Total Volume69.50641184
Total OI629.753451,3034571,303

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$20.88$20.0033.2%12.7%25.2%4.9%34.1%8.4%-12.3%6.8K-343.4K-1.2K0.00100.3910300157
2024-02-02$20.82$20.0032.7%9.5%22.0%4.7%32.2%7.9%-13.3%6.9K-337.3K-1.2K1.0082.8411301157
2024-02-05$20.44$20.0027.3%10.4%20.8%2.1%0.0%5.9%-1.0%7.1K-296.0K-1.2K0.0081.1600302158
2024-02-06$20.37$20.0036.0%9.7%20.6%6.3%0.0%4.7%-2.2%7.2K-274.3K-1.2K0.0069.8300302158
2024-02-07$20.39$20.0033.9%9.7%20.4%5.3%34.1%5.6%1.2%7.3K-293.7K-1.1K0.0096.3220302158
2024-02-08$20.87$20.0035.3%10.1%22.1%5.9%34.1%2.7%-4.9%6.8K-355.3K-1.1K0.00101.7860304158
2024-02-09$21.07$20.0033.1%9.5%22.2%4.9%0.0%7.9%0.8%7.4K-363.5K-1.1K0.8094.0254310158
2024-02-12$21.31$20.0039.7%11.4%21.0%8.0%23.6%15.8%8.7%7.5K-397.4K-1.0K0.00113.2970313162
2024-02-13$20.32$20.0036.1%10.3%27.3%6.3%36.5%4.1%-2.3%9.1K-295.0K-1.1K0.0499.65251317162
2024-02-14$20.62$20.0035.4%10.1%27.2%6.0%0.0%4.4%-2.0%8.6K-350.0K-1.2K0.00101.2400330163
2024-02-15$20.82$20.0034.9%10.0%26.8%5.7%0.0%4.5%-0.7%8.4K-354.8K-1.1K0.0098.68160330163
2024-02-16$20.72$20.0035.4%10.1%26.8%6.0%0.0%-0.4%-9.3%3.2K-361.9K-1.1K0.00103.36200323163
2024-02-20$20.45$20.0037.0%10.6%25.7%6.7%0.0%6.4%3.3%3.0K-177.7K-1.1K1.3395.4234211134
2024-02-21$19.98$20.0043.2%12.4%26.9%9.7%42.0%22.0%-6.5%2.2K-153.4K-1.1K5.23107.811368214143
2024-02-22$22.16$20.0027.3%7.8%45.9%2.2%21.2%-5.1%17.9%4.3K-287.4K-95310.87116.8754587220188
2024-02-23$21.82$22.5034.3%9.8%46.4%5.5%23.6%-21.0%8.5%-35.4K339.7K-2.5K1.09122.817481238771
2024-02-26$22.10$22.5034.4%9.9%46.5%5.5%31.8%10.8%7.5%-43.9K286.0K-2.4K1.03110.20114117262800
2024-02-27$21.95$22.5028.1%8.0%46.5%2.5%36.7%12.7%25.3%-48.4K323.2K-2.8K3.10114.292165324863
2024-02-28$21.66$22.5029.1%8.4%46.7%3.0%29.3%-10.9%27.3%-45.8K419.3K-2.9K15.00111.58115345928
2024-02-29$21.74$22.5042.6%12.2%46.4%9.4%0.0%-1.6%19.4%-47.2K465.2K-3.0K1.00119.094242360943