CNP Options History — April 2019

In April 2019, CNP traded between $30.05 and $30.98. ATM implied volatility averaged 15.7%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 4.4% (HV 20d: 11.3%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-04-12: Highest Volume — 376 contracts
  • 2019-04-29: Largest IV spike — 53.2% change
  • 2019-04-29: Highest IV Rank — 54.9%
  • 2019-04-29: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.50$30.05$30.98$30.63$30.98
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV15.7%12.7%20.1%13.4%17.7%
Expected Move4.8%3.8%5.8%4.5%5.1%
HV 20d11.3%9.6%12.1%12.1%11.5%
HV 60d13.5%12.6%14.0%14.0%13.1%
IV Rank26.5%7.2%54.9%11.5%39.5%
IV Percentile32.7%1.2%78.2%4.0%59.1%
Term Structure-1.6%-4.3%2.8%1.5%-3.2%
VWIV16.4%14.2%20.0%15.1%19.4%
Skew 25d4.8%2.6%8.3%2.7%8.3%
Skew 10d6.9%0.2%12.1%3.1%3.2%
Call IV 25d13.0%8.9%14.7%11.8%11.2%
Put IV 25d17.8%14.3%20.7%14.5%19.5%
Bid-Ask Spread %25.1612.9468.2225.3014.13
Gamma HHI0.410.310.480.430.44
Net GEX653.1K441.3K819.8K696.3K757.5K
Net DEX-8.3M-13.0M-5.0M-10.0M-7.5M
Net VEX-29.8K-39.0K-22.7K-39.0K-22.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.001.150.000.39
Total Volume133.195737657208
Total OI11,626.5247,67813,92613,2557,922

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$30.63$29.0013.4%4.5%12.1%11.5%15.1%2.7%1.5%696.3K-10.0M-39.0K0.0025.30N/AN/A5707,6805,575
2019-04-02$30.81$29.0012.8%4.5%11.9%7.3%15.6%4.0%2.8%730.2K-11.9M-37.3K0.8118.60N/AN/A58477,6905,575
2019-04-03$30.72$29.0013.3%4.6%12.0%11.1%16.3%2.7%-1.7%721.0K-11.2M-37.8K0.5613.13N/AN/A55317,6945,622
2019-04-04$30.62$29.0013.1%4.5%12.0%9.7%15.5%2.9%-1.0%712.6K-10.4M-37.9K0.2921.75N/AN/A139407,7085,632
2019-04-05$30.80$29.0012.7%4.4%12.1%7.2%14.2%7.5%-1.0%762.1K-12.0M-35.4K0.8624.57N/AN/A56487,7375,655
2019-04-08$30.43$29.0012.8%4.8%12.0%7.7%15.5%2.6%-1.8%695.9K-9.2M-35.4K0.4717.93N/AN/A60287,7425,675
2019-04-09$30.28$29.0014.4%4.9%11.5%18.2%14.9%5.2%-1.7%617.2K-7.3M-35.0K0.4016.39N/AN/A83337,7745,684
2019-04-10$30.19$29.0016.6%4.7%11.2%32.1%14.8%4.3%-1.5%572.3K-6.6M-34.1K0.1429.27N/AN/A158227,7865,699
2019-04-11$30.30$29.0017.4%5.0%11.2%37.6%15.7%5.8%-2.4%618.2K-7.5M-34.0K0.4618.14N/AN/A101467,8485,702
2019-04-12$30.61$29.0015.4%4.4%11.2%24.8%15.4%3.2%-0.9%819.8K-13.0M-26.9K0.3318.30N/AN/A282947,8515,721
2019-04-15$30.48$29.0017.4%5.0%11.0%37.7%16.0%5.6%-2.1%661.6K-12.2M-27.3K0.0412.94N/AN/A7038,0735,780
2019-04-16$30.12$29.0017.2%4.9%11.5%36.2%16.7%3.8%-2.2%502.5K-5.9M-29.3K0.5327.97N/AN/A55298,1145,777
2019-04-17$30.05$29.0016.7%4.8%11.6%33.3%16.5%3.4%-1.5%441.3K-5.0M-27.8K1.1540.44N/AN/A67778,1205,790
2019-04-18$30.31$29.0017.5%5.0%10.9%38.5%16.9%5.2%-2.4%549.5K-10.7M-25.6K0.7818.92N/AN/A116908,1265,800
2019-04-22$30.40$29.0018.1%5.2%11.0%41.8%17.6%4.5%-2.9%617.5K-5.4M-23.7K0.9122.01N/AN/A33304,8272,851
2019-04-23$30.61$29.0016.4%4.7%11.2%31.0%17.3%7.2%-1.7%660.7K-6.1M-23.8K0.3668.22N/AN/A101364,8412,873
2019-04-24$30.59$29.0017.0%4.9%11.2%34.7%17.8%5.1%-2.1%643.1K-6.0M-23.7K0.1741.89N/AN/A78134,8682,908
2019-04-25$30.60$29.0016.4%4.7%11.0%31.1%17.6%5.6%-1.9%649.4K-5.6M-23.3K0.3328.31N/AN/A75254,8892,909
2019-04-26$30.52$29.0013.1%3.8%10.5%9.6%15.6%5.5%-1.4%650.6K-6.0M-23.6K0.2235.49N/AN/A113254,8882,919
2019-04-29$30.44$29.0020.1%5.8%9.6%54.9%20.0%6.3%-4.3%635.2K-5.5M-23.0K0.1214.73N/AN/A103124,9132,919
2019-04-30$30.98$29.0017.7%5.1%11.5%39.5%19.4%8.3%-3.2%757.5K-7.5M-22.7K0.3914.13N/AN/A150584,9912,931