CNNE Options History — August 2025

In August 2025, CNNE traded between $17.82 and $20.91. ATM implied volatility averaged 99.4%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 58.4% (HV 20d: 41.0%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.22.

Notable Days

  • 2025-08-27: Highest Volume — 57 contracts
  • 2025-08-05: Largest IV spike — 105.3% change
  • 2025-08-12: Highest IV Rank — 89.8%
  • 2025-08-12: Largest Expected Move — 31.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.94$17.82$20.91$20.73$18.62
Max Pain$17.69$17.50$20.00$20.00$17.50
ATM IV99.4%31.4%242.4%52.6%62.9%
Expected Move18.5%9.0%31.0%15.1%18.0%
HV 20d41.0%17.3%51.6%18.0%50.7%
HV 60d29.6%21.8%33.7%21.8%33.0%
IV Rank30.4%2.1%89.8%10.9%15.2%
IV Percentile48.5%1.6%99.2%14.7%21.0%
Term Structure-19.0%-76.4%10.3%-6.6%-26.2%
VWIV33.8%33.0%34.6%34.6%33.0%
Skew 25d60.6%-18.8%128.9%84.0%56.9%
Skew 10d89.3%-21.4%168.2%168.2%106.6%
Call IV 25d44.5%28.1%85.6%34.9%55.4%
Put IV 25d105.2%30.9%162.1%118.9%112.4%
Bid-Ask Spread %140.60106.96159.56129.32151.23
Gamma HHI0.410.400.430.410.40
Net GEX143.3K117.3K167.4K162.5K117.3K
Net DEX-3.5M-5.5M-2.1M-5.3M-3.4M
Net VEX-13.9K-16.4K-11.4K-16.4K-14.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.000.710.250.00
Total Volume5.52405753
Total OI4,228.4294,2004,2574,2374,257

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-08-01$20.73$20.0052.6%15.1%18.0%10.9%34.6%84.0%-6.6%162.5K-5.3M-16.4K0.25129.32414,19641
2025-08-04$20.91$0.0089.3%12.8%17.3%26.2%0.0%-18.8%-7.0%167.4K-5.5M-16.1K0.00143.82004,20042
2025-08-05$20.23$0.00183.3%22.8%20.8%65.3%0.0%32.6%-38.4%149.7K-4.8M-16.4K0.00153.65004,20042
2025-08-06$20.48$0.00173.4%19.5%21.4%61.2%0.0%48.2%-13.1%155.2K-5.0M-16.3K0.00148.25004,20042
2025-08-07$19.65$0.00187.9%19.0%25.2%67.2%0.0%60.0%-10.9%149.8K-4.2M-16.0K0.00146.08004,20042
2025-08-08$19.87$0.00160.5%17.8%25.7%55.8%0.0%84.6%-0.2%156.2K-4.4M-16.0K0.50136.97214,20042
2025-08-11$20.12$0.00174.2%13.7%25.9%61.5%0.0%23.0%-14.2%163.4K-4.6M-15.7K0.33139.88314,20243
2025-08-12$17.82$0.00242.4%31.0%49.2%89.8%0.0%79.1%-76.4%138.6K-2.2M-11.5K0.00159.561604,20544
2025-08-13$18.21$0.0042.2%12.1%50.4%6.6%33.0%32.9%-21.5%138.6K-2.7M-13.0K0.71136.05754,19944
2025-08-14$17.91$17.5071.3%20.4%49.7%18.7%0.0%79.5%-47.6%144.4K-2.1M-11.4K0.00144.85504,20146
2025-08-15$17.89$17.5076.4%21.9%49.8%20.8%0.0%104.9%10.3%136.5K-2.3M-12.2K0.00144.941104,20646
2025-08-18$17.97$17.5031.4%9.0%50.1%2.1%0.0%8.4%-3.2%145.9K-2.5M-12.1K0.00106.96004,1937
2025-08-19$18.21$17.5058.0%16.6%50.0%13.2%0.0%92.8%-5.6%117.3K-3.0M-13.7K0.00137.88004,1937
2025-08-20$18.20$17.5091.6%26.3%49.6%27.2%0.0%126.1%-8.6%148.8K-2.6M-12.3K0.00147.23004,1937
2025-08-21$18.05$17.5093.0%26.7%49.6%27.7%0.0%128.9%-8.5%129.1K-2.7M-12.7K0.00144.13004,1937
2025-08-22$18.55$17.5073.0%20.9%51.1%19.4%0.0%103.8%-5.6%119.4K-3.3M-14.1K0.00146.02004,1937
2025-08-25$18.50$17.5071.1%20.4%51.2%18.6%0.0%95.2%-14.2%150.6K-2.9M-12.7K0.00146.66004,1937
2025-08-26$18.69$17.5046.6%13.4%51.6%8.4%0.0%0.1%-29.1%164.1K-3.0M-12.6K0.00127.79004,1937
2025-08-27$18.67$17.5064.8%18.6%51.6%16.0%0.0%51.1%-53.1%132.2K-3.3M-13.6K0.00138.840574,1937
2025-08-28$18.55$17.5041.6%11.9%51.5%6.4%0.0%0.3%-19.5%121.4K-3.3M-13.8K0.00122.52004,19364
2025-08-29$18.62$17.5062.9%18.0%50.7%15.2%0.0%56.9%-26.2%117.3K-3.4M-14.2K0.00151.23304,19364