CNNE Options History — March 2024

In March 2024, CNNE traded between $21.71 and $22.55. ATM implied volatility averaged 36.4%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 2.3% (HV 20d: 34.0%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 14.71.

Notable Days

2024-03-01: Highest Volume — 264 contracts
2024-03-04: Largest IV spike — 61.6% change
2024-03-15: Highest IV Rank — 30.3%
2024-03-08: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.10	$21.71	$22.55	$21.99	$22.21
Max Pain	$24.88	$22.50	$25.00	$22.50	$25.00
ATM IV	36.4%	22.0%	63.1%	28.5%	27.5%
Expected Move	10.0%	6.3%	15.0%	8.2%	7.9%
HV 20d	34.0%	11.3%	45.8%	45.8%	12.0%
HV 60d	31.2%	30.5%	32.1%	32.1%	30.6%
IV Rank	9.4%	0.0%	30.3%	2.7%	6.6%
IV Percentile	31.1%	0.0%	84.9%	9.5%	9.9%
Term Structure	-0.0%	-34.1%	21.7%	6.8%	21.7%
VWIV	27.1%	22.0%	40.3%	24.8%	28.9%
Skew 25d	46.4%	6.8%	93.1%	6.8%	77.9%
Skew 10d	41.1%	2.9%	117.3%	2.9%	117.3%
Call IV 25d	23.9%	16.9%	33.9%	25.5%	21.9%
Put IV 25d	70.2%	27.6%	120.7%	32.2%	99.7%
Bid-Ask Spread %	118.34	105.10	137.12	105.30	115.99
Gamma HHI	0.92	0.75	0.97	0.89	0.95
Net GEX	-68.2K	-99.1K	-37.5K	-50.9K	-94.6K
Net DEX	805.9K	491.0K	1.2M	589.4K	982.8K
Net VEX	-3.3K	-3.6K	-2.9K	-2.9K	-3.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	14.71	0.00	210.00	1.81	0.00
Total Volume	50.3	0	264	264	1
Total OI	1,543.55	1,259	1,845	1,345	1,561

Daily Data (20 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
2024-03-01	$21.99	$22.50	28.5%	8.2%	45.8%	2.7%	24.8%	6.8%	6.8%	-50.9K	589.4K	-2.9K	1.81	105.30	94	170	381	964
2024-03-04	$22.04	$25.00	46.1%	11.1%	45.7%	11.1%	0.0%	50.3%	-4.4%	-49.4K	592.6K	-3.6K	0.00	131.59	3	0	469	1,134
2024-03-05	$21.71	$25.00	45.0%	11.5%	45.5%	10.5%	40.3%	25.2%	2.5%	-50.2K	612.1K	-3.4K	0.00	125.52	4	0	466	1,134
2024-03-06	$21.91	$25.00	32.9%	13.8%	45.5%	4.8%	0.0%	24.6%	-8.5%	-47.4K	491.0K	-3.6K	0.00	117.72	6	0	468	1,134
2024-03-07	$21.98	$25.00	47.4%	11.8%	45.5%	11.7%	28.5%	85.6%	-16.0%	-42.9K	729.6K	-3.3K	4.91	121.77	11	54	469	1,134
2024-03-08	$21.98	$25.00	40.5%	15.0%	44.9%	8.4%	0.0%	83.0%	-34.1%	-42.5K	688.2K	-3.4K	0.00	137.12	0	50	480	1,157
2024-03-11	$22.12	$25.00	63.1%	12.7%	44.9%	19.1%	0.0%	30.4%	-4.5%	-61.5K	543.1K	-3.3K	0.00	134.27	5	0	480	1,197
2024-03-12	$22.02	$25.00	47.2%	8.7%	44.8%	11.6%	28.1%	68.1%	6.0%	-75.2K	923.4K	-3.4K	0.69	109.84	85	59	485	1,297
2024-03-13	$22.01	$25.00	49.5%	14.2%	40.9%	12.7%	0.0%	93.1%	-28.5%	-63.1K	862.2K	-3.6K	0.00	119.97	0	0	459	1,336
2024-03-14	$21.88	$25.00	49.5%	14.2%	40.8%	28.3%	25.3%	88.6%	-32.9%	-58.6K	957.9K	-3.4K	0.00	132.14	0	50	459	1,336
2024-03-15	$21.96	$25.00	47.8%	13.7%	40.8%	30.3%	0.0%	88.7%	-31.2%	-37.5K	1.2M	-3.3K	0.00	134.58	29	0	459	1,386
2024-03-18	$21.94	$25.00	23.4%	6.7%	40.7%	0.8%	23.4%	66.0%	21.6%	-74.5K	924.4K	-2.9K	0.00	113.79	21	0	322	937
2024-03-19	$22.12	$25.00	22.0%	6.3%	40.3%	0.0%	22.0%	9.4%	17.3%	-81.3K	854.9K	-2.9K	0.07	105.80	43	3	334	937
2024-03-20	$22.39	$25.00	22.8%	6.5%	39.0%	0.9%	23.0%	60.4%	19.0%	-82.8K	728.5K	-3.0K	0.43	113.84	14	6	333	940
2024-03-21	$22.55	$25.00	25.2%	7.2%	13.9%	3.8%	25.2%	17.1%	17.2%	-76.2K	674.1K	-3.1K	210.00	109.21	1	210	347	946
2024-03-22	$22.30	$25.00	24.6%	7.0%	13.3%	3.0%	0.0%	12.6%	14.4%	-99.1K	948.1K	-3.5K	0.00	112.83	0	0	348	1,119
2024-03-25	$22.27	$25.00	27.1%	7.8%	12.6%	6.0%	0.0%	12.5%	10.5%	-94.8K	999.4K	-3.4K	0.00	105.10	0	0	348	1,119
2024-03-26	$22.27	$25.00	28.1%	8.1%	12.3%	7.3%	28.1%	12.1%	5.1%	-93.1K	923.0K	-3.3K	0.18	109.58	62	11	348	1,119
2024-03-27	$22.43	$25.00	28.9%	8.3%	11.3%	8.2%	28.9%	14.9%	17.2%	-89.3K	843.4K	-3.5K	2.50	110.86	4	10	409	1,120
2024-03-28	$22.21	$25.00	27.5%	7.9%	12.0%	6.6%	0.0%	77.9%	21.7%	-94.6K	982.8K	-3.4K	0.00	115.99	1	0	431	1,130