CNNE Options History — May 2024

In May 2024, CNNE traded between $18.18 and $21.17. ATM implied volatility averaged 106.6%, placing in the 60.7% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 79.5% (HV 20d: 27.1%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 1.15.

Notable Days

  • 2024-05-03: Highest Volume — 17 contracts
  • 2024-05-29: Largest IV spike — 69.7% change
  • 2024-05-06: Highest IV Rank — 100.0%
  • 2024-05-30: Largest Expected Move — 34.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.91$18.18$21.17$19.52$18.18
Max Pain$18.75$17.50$20.00$20.00$20.00
ATM IV106.6%53.9%170.1%95.7%119.3%
Expected Move22.9%13.3%34.6%27.4%34.2%
HV 20d27.1%20.9%29.8%20.9%29.3%
HV 60d30.9%26.6%35.3%33.7%27.1%
IV Rank60.7%21.6%100.0%68.5%65.7%
IV Percentile94.0%71.8%100.0%97.2%97.2%
Term Structure-21.4%-40.3%-1.0%-37.0%-18.1%
VWIV62.2%30.9%107.4%56.5%107.4%
Skew 25d91.2%9.1%162.8%123.4%147.6%
Skew 10d109.7%12.7%212.5%133.6%207.2%
Call IV 25d30.9%18.2%70.5%66.4%42.2%
Put IV 25d122.0%45.8%211.8%189.8%189.8%
Bid-Ask Spread %134.68128.33139.36139.36135.28
Gamma HHI0.400.270.510.360.51
Net GEX900-4.0K9.2K745-2.4K
Net DEX-58.9K-312.9K207.1K-6.1K207.1K
Net VEX-1.4K-1.8K-890-1.6K-890
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.007.000.060.00
Total Volume4.40901700
Total OI587.955336759748359

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$19.52$20.0095.7%27.4%20.9%68.5%0.0%123.4%-37.0%745-6.1K-1.6K0.00139.3600455293
2024-05-02$19.74$20.00105.5%30.2%21.5%77.5%56.5%46.7%-34.0%5.4K-3.9K-1.5K0.00135.2101455293
2024-05-03$20.09$20.00108.0%31.0%22.4%79.9%0.0%141.3%-23.3%2.5K-141.9K-1.7K0.06138.31161455293
2024-05-06$20.63$17.50160.8%20.8%23.2%100.0%0.0%9.1%-29.1%1.2K-260.6K-1.8K0.00134.7300455294
2024-05-07$20.77$17.50111.4%13.3%22.9%64.4%0.0%21.9%-24.9%6.1K-256.5K-1.7K0.00131.2100455294
2024-05-08$19.84$17.50154.9%14.4%27.4%95.8%0.0%10.0%-23.0%5.5K-107.8K-1.7K0.00135.1101455294
2024-05-09$20.26$17.50170.1%18.8%28.3%100.0%0.0%34.6%-19.8%4.4K-188.1K-1.7K0.00134.78100455294
2024-05-10$20.63$17.50162.9%20.2%29.0%95.2%0.0%95.0%-28.0%4.7K-246.3K-1.7K0.00133.6000465294
2024-05-13$20.68$17.50106.1%15.8%27.5%56.8%0.0%21.6%-32.2%9.2K-237.1K-1.5K0.00133.5702465288
2024-05-14$20.80$17.50131.9%15.5%27.3%74.2%30.9%21.5%-36.8%8.7K-257.7K-1.5K7.00132.4917465290
2024-05-15$20.93$17.5080.9%23.2%27.0%39.8%77.2%63.9%-40.3%7.2K-287.9K-1.5K0.00133.2401465285
2024-05-16$21.17$17.5084.3%24.2%26.8%42.1%0.0%101.3%-1.0%-3.6K-312.9K-1.3K0.00135.6540465286
2024-05-17$20.70$17.5084.8%24.3%28.4%42.4%0.0%105.7%-11.0%-4.0K-267.8K-1.3K0.06138.84161465286
2024-05-20$20.32$17.5053.9%15.5%29.2%21.6%39.0%86.3%-14.4%-3.8K58.9K-1.2K3.25137.53413143193
2024-05-21$20.04$20.0075.3%21.6%28.6%36.0%0.0%112.4%-9.0%-3.9K83.6K-1.3K0.00137.7806147206
2024-05-22$19.82$20.0076.9%22.0%28.6%37.0%0.0%123.9%-10.2%-3.4K94.5K-1.2K0.00133.9010147200
2024-05-23$19.38$20.0076.5%21.9%29.5%36.8%107.4%137.2%-9.5%-3.1K121.0K-1.2K0.00131.01010148200
2024-05-24$19.06$20.0076.4%21.9%29.5%36.7%0.0%137.2%-9.9%-3.2K150.9K-1.1K0.00135.4400148210
2024-05-28$18.82$20.0070.0%20.1%29.7%32.4%0.0%148.5%-13.7%-3.1K170.0K-1.0K0.00132.0500148210
2024-05-29$18.41$20.00118.8%34.1%29.7%65.4%0.0%153.8%-21.9%-2.7K191.1K-9630.00135.6110148210
2024-05-30$18.26$20.00120.6%34.6%29.8%66.6%0.0%162.8%-23.2%-2.5K201.4K-9180.00128.3310149210
2024-05-31$18.18$20.00119.3%34.2%29.3%65.7%0.0%147.6%-18.1%-2.4K207.1K-8900.00135.2800149210