CNNE Options History — January 2026

In January 2026, CNNE traded between $14.34 and $16.36. ATM implied volatility averaged 125.3%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 25.5%. IV traded above realized volatility by 99.8% (HV 20d: 25.5%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.12.

Notable Days

2026-01-30: Highest Volume — 230 contracts
2026-01-12: Largest IV spike — 382.0% change
2026-01-12: Highest IV Rank — 100.0%
2026-01-02: Largest Expected Move — 49.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.62	$14.34	$16.36	$15.70	$14.42
Max Pain	$17.50	$17.50	$17.50	$17.50	$17.50
ATM IV	125.3%	64.1%	308.8%	172.3%	73.6%
Expected Move	25.5%	18.1%	49.4%	49.4%	21.1%
HV 20d	25.5%	21.8%	28.6%	26.9%	27.8%
HV 60d	35.0%	34.6%	35.4%	34.6%	35.3%
IV Rank	37.6%	13.8%	100.0%	60.7%	16.7%
IV Percentile	65.4%	29.8%	100.0%	96.0%	44.4%
Term Structure	-14.3%	-57.3%	49.1%	-41.6%	-12.3%
VWIV	44.5%	31.9%	68.9%	68.9%	31.9%
Skew 25d	67.6%	-36.8%	176.6%	97.0%	176.6%
Skew 10d	65.4%	-34.6%	202.8%	82.4%	38.1%
Call IV 25d	57.5%	30.5%	96.3%	83.5%	48.9%
Put IV 25d	125.1%	41.6%	225.4%	180.5%	225.4%
Bid-Ask Spread %	135.42	126.85	143.80	143.80	139.45
Gamma HHI	0.50	0.43	0.80	0.54	0.43
Net GEX	15.1K	6.8K	33.2K	8.4K	11.8K
Net DEX	-197.7K	-327.2K	-35.7K	-202.4K	-200.8K
Net VEX	-955	-1.4K	-329	-994	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.12	0.00	0.50	0.00	0.07
Total Volume	20.9	0	230	0	230
Total OI	812.95	508	996	508	996

Daily Data (20 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
2026-01-02	$15.70	$0.00	172.3%	49.4%	26.9%	60.7%	0.0%	97.0%	-41.6%	8.4K	-202.4K	-994	0.00	143.80	0	0	486	22
2026-01-05	$15.98	$17.50	194.6%	29.7%	27.7%	70.0%	0.0%	91.7%	-22.6%	6.8K	-35.7K	-329	0.00	136.53	0	0	486	22
2026-01-06	$16.09	$17.50	121.9%	30.3%	26.9%	39.7%	0.0%	93.6%	-25.0%	7.2K	-37.2K	-345	0.00	134.27	0	0	486	22
2026-01-07	$15.63	$17.50	210.0%	30.4%	28.6%	76.4%	0.0%	60.7%	-20.6%	7.9K	-218.3K	-990	0.00	140.97	0	0	486	22
2026-01-08	$16.04	$17.50	221.9%	29.9%	27.8%	81.3%	0.0%	96.3%	-19.3%	15.7K	-100.5K	-643	0.00	137.40	0	0	794	22
2026-01-09	$15.88	$17.50	64.1%	19.4%	27.9%	15.7%	0.0%	-36.8%	-39.5%	16.9K	-265.9K	-1.3K	0.00	126.85	54	0	794	22
2026-01-12	$16.07	$17.50	308.8%	18.1%	26.5%	100.0%	68.9%	4.9%	-21.7%	19.1K	-199.4K	-1.1K	0.00	131.28	10	0	845	22
2026-01-13	$16.27	$17.50	224.7%	19.1%	26.2%	70.2%	0.0%	-19.9%	36.7%	20.9K	-300.0K	-1.4K	0.00	128.26	0	0	855	22
2026-01-14	$16.36	$17.50	65.3%	18.7%	22.5%	13.8%	0.0%	20.4%	49.1%	33.2K	-245.7K	-854	0.00	128.50	0	0	855	22
2026-01-15	$16.28	$17.50	67.5%	19.3%	22.5%	14.6%	0.0%	104.3%	38.3%	19.8K	-160.7K	-859	0.00	134.91	0	0	855	22
2026-01-16	$15.86	$17.50	67.5%	19.4%	23.3%	14.6%	0.0%	26.9%	-12.1%	17.4K	-189.4K	-1.0K	0.00	134.49	0	0	855	22
2026-01-20	$15.69	$17.50	67.1%	19.2%	23.5%	14.5%	0.0%	34.1%	-18.4%	17.3K	-246.4K	-1.1K	0.00	134.72	0	5	855	22
2026-01-21	$15.70	$17.50	65.5%	18.8%	23.5%	13.9%	0.0%	-4.2%	-12.4%	15.2K	-137.6K	-780	0.00	133.79	10	0	855	22
2026-01-22	$15.84	$17.50	77.9%	22.3%	23.5%	18.3%	0.0%	24.1%	-14.8%	17.7K	-305.0K	-1.3K	0.00	139.63	0	0	865	22
2026-01-23	$15.71	$17.50	94.3%	27.0%	21.8%	24.1%	0.0%	39.2%	-15.6%	16.6K	-327.2K	-1.3K	0.00	136.66	0	0	865	22
2026-01-26	$15.26	$17.50	69.4%	19.9%	23.4%	15.2%	0.0%	85.1%	-22.6%	14.7K	-192.4K	-892	0.50	131.63	10	5	865	22
2026-01-27	$14.84	$17.50	130.4%	37.4%	25.1%	36.9%	0.0%	165.4%	-57.3%	13.2K	-252.7K	-1.1K	0.00	140.86	0	11	875	27
2026-01-28	$14.34	$17.50	75.5%	21.7%	27.4%	17.4%	32.7%	128.1%	-30.6%	10.3K	-108.6K	-688	0.29	134.44	63	18	875	38
2026-01-29	$14.46	$17.50	133.2%	38.2%	27.8%	37.9%	0.0%	164.3%	-23.0%	11.7K	-227.1K	-1.2K	0.00	140.04	2	0	938	56
2026-01-30	$14.42	$17.50	73.6%	21.1%	27.8%	16.7%	31.9%	176.6%	-12.3%	11.8K	-200.8K	-1.1K	0.07	139.45	215	15	940	56