CNNE Options History — April 2025

In April 2025, CNNE traded between $16.08 and $18.87. ATM implied volatility averaged 84.2%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 31.4% (HV 20d: 52.8%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.98.

Notable Days

2025-04-25: Highest Volume — 246 contracts
2025-04-22: Largest IV spike — 155.2% change
2025-04-08: Highest IV Rank — 70.8%
2025-04-25: Largest Expected Move — 32.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.45	$16.08	$18.87	$18.63	$17.69
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	84.2%	26.3%	194.4%	49.0%	32.2%
Expected Move	20.7%	7.5%	32.6%	14.1%	9.2%
HV 20d	52.8%	48.2%	59.2%	48.2%	49.2%
HV 60d	40.2%	34.0%	42.8%	34.2%	42.1%
IV Rank	26.3%	3.0%	70.8%	12.1%	5.3%
IV Percentile	48.6%	3.2%	98.4%	18.3%	6.3%
Term Structure	-14.8%	-44.8%	14.5%	-13.9%	6.8%
VWIV	59.9%	26.3%	114.3%	98.9%	26.3%
Skew 25d	64.0%	4.3%	105.5%	4.3%	80.7%
Skew 10d	80.9%	-19.8%	153.9%	10.1%	153.9%
Call IV 25d	50.8%	26.7%	94.1%	50.3%	31.9%
Put IV 25d	114.8%	51.4%	170.0%	54.6%	112.6%
Bid-Ask Spread %	126.07	115.25	133.69	121.09	126.31
Gamma HHI	0.60	0.36	0.98	0.69	0.70
Net GEX	14.7K	-28.6K	177.0K	23.4K	-24.7K
Net DEX	-276.1K	-1.1M	245.2K	-875.9K	245.2K
Net VEX	-1.2K	-1.8K	-448	-1.5K	-1.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.98	0.00	18.89	0.00	0.00
Total Volume	39.524	0	246	0	0
Total OI	852.19	318	1,033	1,009	933

Daily Data (21 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
2025-04-01	$18.63	$20.00	49.0%	14.1%	48.2%	12.1%	0.0%	4.3%	-13.9%	23.4K	-875.9K	-1.5K	0.00	121.09	0	0	809	200
2025-04-02	$18.87	$20.00	91.8%	13.1%	48.4%	29.4%	0.0%	53.3%	-17.7%	26.8K	-1.1M	-1.3K	0.00	125.05	0	0	809	200
2025-04-03	$18.00	$20.00	132.8%	29.2%	48.9%	45.9%	0.0%	76.5%	-44.8%	15.9K	-701.3K	-1.6K	0.00	128.20	1	0	809	200
2025-04-04	$16.96	$20.00	147.3%	30.8%	52.9%	51.8%	0.0%	80.9%	-34.8%	12.0K	-522.8K	-1.5K	0.00	128.42	0	0	810	200
2025-04-07	$16.47	$20.00	135.8%	29.6%	50.5%	47.1%	98.9%	73.5%	-35.7%	29.1K	-358.5K	-1.2K	0.00	132.42	10	0	810	200
2025-04-08	$16.08	$20.00	194.4%	27.0%	49.8%	70.8%	0.0%	97.7%	-2.8%	14.1K	-371.3K	-1.2K	0.00	129.64	0	0	820	200
2025-04-09	$17.36	$20.00	82.0%	23.5%	56.9%	25.4%	44.6%	96.9%	-9.8%	14.8K	-608.6K	-1.3K	0.00	130.17	20	0	820	200
2025-04-10	$16.71	$20.00	54.7%	15.7%	58.2%	14.4%	64.0%	91.1%	-11.7%	14.8K	-497.3K	-1.2K	0.00	133.69	0	11	835	188
2025-04-11	$17.06	$20.00	87.1%	25.0%	58.4%	27.5%	0.0%	75.9%	-17.3%	19.7K	-618.9K	-1.3K	0.00	128.41	0	0	835	198
2025-04-14	$17.59	$20.00	87.2%	25.0%	58.9%	27.5%	0.0%	104.8%	-13.6%	17.8K	-669.6K	-1.1K	0.00	128.56	0	0	835	198
2025-04-15	$17.39	$20.00	97.9%	28.1%	59.2%	31.8%	0.0%	27.4%	-34.8%	19.0K	-670.5K	-1.1K	0.00	128.42	150	0	835	198
2025-04-16	$17.29	$20.00	58.0%	16.6%	58.9%	15.8%	51.0%	95.0%	-18.7%	177.0K	-101.6K	-693	0.00	130.65	2	0	685	198
2025-04-17	$17.38	$20.00	92.0%	26.4%	58.1%	29.5%	0.0%	105.5%	-2.2%	6.1K	17.2K	-667	0.00	126.55	0	0	686	198
2025-04-21	$16.88	$20.00	39.9%	11.4%	51.5%	8.5%	47.4%	11.7%	-5.9%	-2.7K	185.7K	-448	0.00	121.14	10	0	120	198
2025-04-22	$17.17	$20.00	101.8%	29.2%	52.1%	33.4%	0.0%	4.9%	-28.7%	-2.1K	155.0K	-532	0.00	124.20	0	0	126	198
2025-04-23	$17.56	$20.00	53.0%	15.2%	50.6%	13.7%	51.2%	94.5%	-10.9%	-2.1K	144.8K	-532	0.25	118.88	156	39	126	198
2025-04-24	$17.63	$20.00	49.9%	14.3%	50.1%	12.5%	40.9%	16.2%	-16.1%	-326	51.7K	-1.3K	18.89	124.73	9	170	282	206
2025-04-25	$17.86	$20.00	113.6%	32.6%	50.5%	38.2%	114.3%	94.6%	-13.5%	-9.3K	128.9K	-1.6K	0.71	122.12	144	102	299	368
2025-04-28	$18.02	$20.00	42.5%	12.2%	49.2%	9.5%	0.0%	33.1%	1.1%	-12.8K	152.2K	-1.8K	0.00	115.25	0	0	451	482
2025-04-29	$17.94	$20.00	26.3%	7.5%	49.1%	3.0%	26.3%	24.7%	14.5%	-28.6K	183.8K	-1.6K	0.00	123.49	6	0	451	482
2025-04-30	$17.69	$20.00	32.2%	9.2%	49.2%	5.3%	0.0%	80.7%	6.8%	-24.7K	245.2K	-1.6K	0.00	126.31	0	0	451	482