CNP Options History — October 2014

In October 2014, CNP traded between $22.16 and $24.74. ATM implied volatility averaged 23.7%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 2.2% (HV 20d: 21.5%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.89.

Notable Days

  • 2014-10-08: Highest Volume — 5,701 contracts
  • 2014-10-13: Largest IV spike — 122.0% change
  • 2014-10-15: Highest IV Rank — 100.0%
  • 2014-10-16: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.92$22.16$24.74$24.54$24.53
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV23.7%16.0%51.5%18.0%20.5%
Expected Move6.1%5.3%7.2%5.6%5.7%
HV 20d21.5%12.4%28.3%12.9%27.9%
HV 60d17.1%13.6%19.8%13.6%18.8%
IV Rank32.4%13.4%100.0%19.1%22.7%
IV Percentile49.2%10.7%100.0%25.4%36.9%
Term Structure-1.3%-5.4%3.4%1.8%0.5%
VWIV22.1%19.4%25.9%19.4%21.6%
Skew 25d3.2%-2.2%7.4%-2.2%4.9%
Skew 10d5.1%-7.4%15.5%-7.4%4.6%
Call IV 25d20.9%14.2%29.0%19.1%19.9%
Put IV 25d24.2%16.9%32.6%16.9%24.8%
Bid-Ask Spread %39.3227.7356.7341.1533.24
Gamma HHI0.280.190.340.300.32
Net GEX3.3M279.0K5.4M4.6M4.7M
Net DEX-23.1M-45.7M10.7M-41.2M-32.5M
Net VEX-138.3K-184.9K-95.2K-184.9K-113.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.0612.741.110.22
Total Volume2,383.0431475,7019403,067
Total OI61,737.17456,49566,42663,12158,167

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$24.54$22.0018.0%5.6%12.9%19.1%19.4%-2.2%1.8%4.6M-41.2M-184.9K1.1141.15N/AN/A44649448,56114,560
2014-10-02$24.53$22.0016.5%5.5%12.8%14.6%20.9%2.8%3.0%4.7M-39.8M-182.1K0.1530.24N/AN/A1281948,81814,785
2014-10-03$24.73$22.0016.0%5.4%12.5%13.4%0.0%3.7%3.4%5.2M-45.7M-180.1K0.0636.75N/AN/A1,0106048,62214,793
2014-10-06$24.62$22.0017.9%5.5%12.4%18.7%0.0%3.2%-1.0%5.2M-42.7M-173.7K0.1627.73N/AN/A1943149,35814,796
2014-10-07$24.48$22.0018.8%5.7%12.4%21.4%23.0%2.1%-1.4%4.9M-38.8M-168.4K0.2832.85N/AN/A43211949,53614,797
2014-10-08$24.74$22.0017.1%5.3%12.9%16.4%19.7%2.5%-1.5%5.4M-43.6M-175.3K0.3246.56N/AN/A4,3101,39149,83814,916
2014-10-09$24.21$22.0017.9%5.7%14.9%18.8%19.7%2.8%-1.1%3.9M-29.0M-161.4K0.1342.33N/AN/A4,16453749,67115,783
2014-10-10$24.17$22.0017.4%5.8%13.0%17.4%20.1%1.9%-1.8%3.5M-26.3M-156.3K0.1740.57N/AN/A3,03250249,62515,765
2014-10-13$23.16$22.0038.7%6.2%19.9%78.6%21.1%7.4%-5.4%1.5M-8.9M-136.5K0.2242.05N/AN/A2,76360549,63215,763
2014-10-14$22.92$22.0035.5%6.4%19.8%69.4%21.1%2.0%-3.2%1.1M-1.3M-120.9K0.2439.76N/AN/A2,24453650,19615,912
2014-10-15$22.16$22.0051.5%7.1%22.6%100.0%24.4%4.0%-2.9%390.1K10.7M-95.2K0.3556.73N/AN/A2,33081450,18016,002
2014-10-16$22.55$22.0029.0%7.2%23.9%44.1%25.9%0.7%-3.7%766.8K3.4M-114.0K1.9844.51N/AN/A19037750,08315,948
2014-10-17$23.17$22.0025.5%7.1%26.2%35.2%24.9%2.6%-1.3%279.0K-3.6M-121.0K12.7446.55N/AN/A4354850,20416,222
2014-10-20$23.55$22.0024.5%6.5%26.9%32.8%23.6%4.1%-1.5%2.5M-15.3M-128.0K0.3142.90N/AN/A2,55780244,05812,437
2014-10-21$23.92$22.0022.5%6.4%27.5%27.8%23.3%5.5%-1.5%3.1M-20.5M-129.9K0.4738.72N/AN/A1,95591644,32712,439
2014-10-22$23.54$22.0022.7%6.5%28.1%28.2%22.9%4.1%-1.0%2.7M-15.9M-118.9K0.2837.28N/AN/A1,95555444,42112,535
2014-10-23$23.79$22.0021.6%6.2%28.3%25.5%22.2%2.5%0.3%3.1M-18.7M-123.1K0.2432.43N/AN/A2,47760144,47512,699
2014-10-24$23.99$22.0021.9%6.2%27.6%26.3%22.1%2.4%-0.9%3.3M-20.1M-122.2K0.2337.12N/AN/A2,04546745,06612,881
2014-10-27$24.02$22.0022.7%6.2%27.6%28.3%22.2%3.6%-2.1%3.4M-20.8M-118.0K0.2231.80N/AN/A2,06945045,02412,897
2014-10-28$24.26$22.0022.8%6.0%27.9%28.5%21.8%6.2%-2.7%3.9M-26.0M-120.4K0.2238.93N/AN/A2,02745245,04712,923
2014-10-29$24.22$22.0023.3%6.0%27.9%29.7%21.6%4.0%-3.3%3.8M-25.2M-118.5K0.2448.58N/AN/A1,89245945,14612,933
2014-10-30$24.42$22.0022.4%6.1%28.0%27.6%22.1%3.3%-2.1%4.3M-29.3M-117.4K0.2035.71N/AN/A2,28646045,17612,938
2014-10-31$24.53$22.0020.5%5.7%27.9%22.7%21.6%4.9%0.5%4.7M-32.5M-113.9K0.2233.24N/AN/A2,50855945,21912,948