CNNE Options History — August 2024

In August 2024, CNNE traded between $18.23 and $20.20. ATM implied volatility averaged 59.1%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 18.0%. IV traded above realized volatility by 20.1% (HV 20d: 39.0%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.09.

Notable Days

  • 2024-08-02: Highest Volume — 1,284 contracts
  • 2024-08-12: Largest IV spike — 300.6% change
  • 2024-08-12: Highest IV Rank — 77.8%
  • 2024-08-30: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.46$18.23$20.20$19.26$19.80
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV59.1%31.3%136.5%31.3%85.8%
Expected Move18.0%9.0%24.6%9.0%24.6%
HV 20d39.0%29.3%43.5%29.3%33.1%
HV 60d29.7%27.0%31.3%27.0%30.4%
IV Rank26.6%8.1%77.8%8.1%44.3%
IV Percentile63.5%24.2%97.6%24.2%85.3%
Term Structure10.2%-37.5%45.4%11.1%-10.6%
VWIV31.8%22.8%37.3%34.5%22.8%
Skew 25d43.0%-21.5%97.7%36.3%50.6%
Skew 10d73.0%-26.0%179.8%148.7%179.8%
Call IV 25d45.8%26.8%83.4%26.8%46.5%
Put IV 25d88.9%24.2%143.7%63.1%97.1%
Bid-Ask Spread %135.56125.24142.65125.24129.00
Gamma HHI0.650.430.880.570.82
Net GEX-188.8K-457.8K7.4K-374.1K4.7K
Net DEX2.6M-157.4K6.5M4.8M-151.8K
Net VEX-2.9K-8.0K-392-8.0K-653
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.001.000.000.00
Total Volume65.90901,28460
Total OI3,934.7271057,3116,008212

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$19.26$20.0031.3%9.0%29.3%8.1%0.0%36.3%11.1%-374.1K4.8M-8.0K0.00125.24602065,802
2024-08-02$20.20$20.0039.8%11.4%33.1%13.8%34.5%26.1%27.3%-330.1K3.2M-7.5K0.00126.001,28312005,802
2024-08-05$19.61$20.0046.9%21.5%35.4%18.5%0.0%67.7%0.4%-337.5K4.3M-7.4K0.00132.99011,4775,802
2024-08-06$19.48$20.0035.7%18.6%35.6%11.1%0.0%97.7%-8.7%-426.5K4.6M-6.6K1.00138.89111,4775,802
2024-08-07$19.45$20.0039.4%17.8%35.5%13.5%0.0%97.0%-4.2%-418.0K4.7M-6.3K0.00142.65021,4785,803
2024-08-08$19.77$20.0037.5%17.2%35.1%12.3%0.0%94.4%22.4%-457.8K3.8M-5.7K0.00140.70001,4785,802
2024-08-09$19.20$20.0034.1%17.7%36.2%10.0%0.0%60.3%25.5%-435.8K5.4M-5.1K0.00140.63001,4785,802
2024-08-12$18.23$20.00136.5%20.1%40.5%77.8%30.5%58.1%-37.5%-238.2K6.5M-3.7K0.00137.59101,4785,802
2024-08-13$19.08$20.0043.8%17.3%43.3%16.5%37.3%67.9%20.7%-411.7K5.5M-3.3K0.00135.65301,4785,802
2024-08-14$18.80$20.0061.8%17.7%43.5%28.4%0.0%45.3%28.3%-339.9K5.5M-3.0K0.00138.62001,4805,802
2024-08-15$19.17$20.0063.1%18.1%43.0%29.2%0.0%27.0%45.4%-422.4K4.7M-1.8K0.00141.280391,4805,802
2024-08-16$19.14$20.0064.0%18.3%42.7%29.8%0.0%67.0%29.3%6645.5M-4030.00141.57001,4805,831
2024-08-19$19.56$20.0066.6%19.1%42.9%31.5%33.8%1.7%-16.8%749-37.2K-3920.00132.832006540
2024-08-20$19.50$20.0061.6%17.7%42.5%28.2%22.8%-21.5%5.2%1.6K-53.6K-4330.00133.27708540
2024-08-21$19.59$20.0035.9%10.3%42.2%11.2%0.0%50.9%20.1%2.1K-61.8K-4520.00133.50709240
2024-08-22$19.47$20.0066.9%19.2%41.8%31.7%0.0%4.7%-5.4%3.8K-61.6K-4680.00132.444809940
2024-08-23$19.67$20.0067.7%19.4%41.5%32.3%0.0%-15.3%13.1%3.9K-121.7K-6180.00136.416014740
2024-08-26$19.77$20.0069.0%19.8%41.5%33.1%0.0%17.2%30.6%4.4K-122.7K-6100.10136.6210115340
2024-08-27$19.71$20.0071.1%20.4%41.1%34.5%0.0%42.0%1.6%7.4K-131.8K-6460.00136.4813016340
2024-08-28$19.70$20.0072.6%20.8%41.1%35.5%0.0%10.9%4.3%4.5K-148.7K-6630.00137.270017240
2024-08-29$19.93$20.0068.9%19.7%37.2%33.0%0.0%61.1%22.9%4.9K-157.4K-6610.00132.680017240
2024-08-30$19.80$20.0085.8%24.6%33.1%44.3%0.0%50.6%-10.6%4.7K-151.8K-6530.00129.000017240