CNNE Options History — February 2025

In February 2025, CNNE traded between $19.05 and $19.98. ATM implied volatility averaged 69.1%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 47.5% (HV 20d: 21.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.06.

Notable Days

2025-02-19: Highest Volume — 30 contracts
2025-02-12: Largest IV spike — 125.9% change
2025-02-05: Highest IV Rank — 29.6%
2025-02-05: Largest Expected Move — 26.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.55	$19.05	$19.98	$19.47	$19.86
Max Pain	$18.57	$17.50	$20.00	$20.00	$17.50
ATM IV	69.1%	29.9%	92.4%	91.6%	74.6%
Expected Move	21.6%	17.4%	26.5%	26.3%	21.4%
HV 20d	21.6%	19.7%	24.3%	23.0%	22.4%
HV 60d	21.8%	20.5%	23.3%	23.3%	21.9%
IV Rank	20.2%	4.4%	29.6%	29.3%	22.4%
IV Percentile	44.8%	10.3%	68.3%	66.7%	48.4%
Term Structure	-1.6%	-27.0%	31.9%	31.9%	14.4%
Skew 25d	87.3%	47.3%	125.9%	91.7%	125.9%
Skew 10d	100.4%	43.2%	237.0%	78.4%	119.8%
Call IV 25d	63.2%	35.4%	98.4%	71.4%	41.4%
Put IV 25d	150.4%	112.7%	218.3%	163.1%	167.3%
Bid-Ask Spread %	138.08	131.21	140.94	139.44	139.33
Gamma HHI	0.28	0.25	0.43	0.31	0.26
Net GEX	-1.5K	-3.0K	1.0K	-1.4K	-3.0K
Net DEX	80.3K	59.8K	128.9K	69.8K	83.6K
Net VEX	-431	-490	-362	-490	-409
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.11	0.00	0.11
Total Volume	3.158	0	30	0	0
Total OI	157.474	118	189	163	135

Daily Data (19 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
2025-02-03	$19.47	$20.00	91.6%	26.3%	23.0%	29.3%	0.0%	91.7%	31.9%	-1.4K	69.8K	-490	0.00	139.44	0	0	49	114
2025-02-04	$19.66	$20.00	92.3%	26.5%	22.1%	29.6%	0.0%	68.6%	-5.3%	-1.4K	73.4K	-485	0.00	131.21	0	0	49	114
2025-02-05	$19.59	$20.00	92.4%	26.5%	21.6%	29.6%	0.0%	125.2%	4.3%	-1.9K	59.8K	-480	0.00	135.80	0	0	49	114
2025-02-06	$19.86	$0.00	37.8%	18.3%	20.1%	7.6%	0.0%	76.2%	-1.2%	-1.2K	68.6K	-476	0.00	135.51	0	0	49	114
2025-02-07	$19.43	$0.00	30.0%	17.4%	20.4%	4.5%	0.0%	84.0%	1.0%	-1.3K	80.7K	-460	0.00	135.61	0	0	49	114
2025-02-10	$19.61	$0.00	38.6%	18.6%	19.7%	7.9%	0.0%	81.9%	-1.6%	-1.3K	72.4K	-448	0.00	140.76	0	0	49	114
2025-02-11	$19.58	$0.00	29.9%	19.0%	19.8%	4.4%	0.0%	83.2%	-0.1%	-982	81.6K	-452	0.00	140.45	0	0	49	114
2025-02-12	$19.35	$0.00	67.5%	19.4%	20.3%	19.6%	0.0%	86.5%	-3.7%	-1.8K	71.4K	-447	0.00	138.46	0	0	49	114
2025-02-13	$19.48	$0.00	66.5%	19.1%	20.0%	19.2%	0.0%	86.8%	-0.3%	-1.2K	83.9K	-430	0.00	139.55	0	0	49	114
2025-02-14	$19.75	$0.00	70.8%	20.3%	20.4%	20.9%	0.0%	81.7%	-2.8%	-942	76.2K	-435	0.00	139.45	5	0	49	114
2025-02-18	$19.98	$0.00	74.9%	21.5%	20.5%	22.6%	0.0%	86.2%	-5.4%	-338	62.1K	-411	0.00	139.40	0	10	49	114
2025-02-19	$19.89	$0.00	90.3%	25.9%	20.5%	28.8%	0.0%	56.7%	-27.0%	-158	67.0K	-418	0.11	138.85	27	3	49	124
2025-02-20	$19.39	$0.00	72.4%	20.8%	22.7%	21.6%	0.0%	81.8%	-10.6%	1.0K	103.8K	-402	0.00	139.48	0	0	63	126
2025-02-21	$19.16	$0.00	72.1%	20.7%	23.1%	21.4%	0.0%	77.5%	-7.4%	-2.3K	128.9K	-374	0.00	135.21	0	5	63	126
2025-02-24	$19.26	$0.00	83.7%	24.0%	23.1%	26.1%	0.0%	122.3%	-25.8%	-2.4K	83.0K	-366	0.00	133.13	0	0	15	103
2025-02-25	$19.05	$17.50	64.6%	18.5%	23.3%	18.4%	0.0%	47.3%	16.8%	-2.6K	86.4K	-362	0.00	140.89	0	10	17	108
2025-02-26	$19.62	$17.50	74.6%	21.4%	24.3%	22.5%	0.0%	95.0%	3.2%	-2.9K	89.0K	-420	0.00	140.94	0	0	17	118
2025-02-27	$19.48	$17.50	87.7%	25.1%	23.0%	27.7%	0.0%	99.9%	-11.2%	-3.0K	85.1K	-418	0.00	140.03	0	0	17	118
2025-02-28	$19.86	$17.50	74.6%	21.4%	22.4%	22.4%	0.0%	125.9%	14.4%	-3.0K	83.6K	-409	0.00	139.33	0	0	17	118