CNP Options History — October 2020

In October 2020, CNP traded between $19.30 and $22.32. ATM implied volatility averaged 36.6%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 11.3% (HV 20d: 25.3%). Max pain ranged from $19.50 to $21.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2020-10-16: Highest Volume — 24,693 contracts
  • 2020-10-28: Largest IV spike — 12.6% change
  • 2020-10-28: Highest IV Rank — 27.4%
  • 2020-10-30: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.13$19.30$22.32$19.30$21.16
Max Pain$20.86$19.50$21.00$19.50$21.00
ATM IV36.6%33.7%42.8%35.3%41.6%
Expected Move10.7%9.4%13.0%9.5%13.0%
HV 20d25.3%22.5%29.3%23.8%28.7%
HV 60d29.5%25.8%30.8%30.0%25.8%
IV Rank21.0%18.1%27.4%19.8%26.2%
IV Percentile56.2%45.2%78.2%52.0%74.6%
Term Structure0.6%-9.0%18.9%2.8%0.5%
VWIV37.4%33.8%49.2%33.9%49.2%
Skew 25d6.4%-20.7%15.2%5.3%7.4%
Skew 10d13.8%-45.6%57.4%6.3%31.0%
Call IV 25d33.7%22.8%55.5%32.0%38.6%
Put IV 25d40.1%34.7%48.8%37.4%46.0%
Bid-Ask Spread %71.8918.52104.9018.5268.56
Gamma HHI0.170.140.210.200.17
Net GEX169.1K-1.6M1.3M-1.6M451.4K
Net DEX-30.5M-58.6M21.4M21.4M-30.5M
Net VEX-253.5K-324.1K-207.2K-324.1K-247.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.022.390.501.16
Total Volume4,617.86418424,693184403
Total OI159,992.364134,389170,837134,389170,837

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$19.30$19.5035.3%9.5%23.8%19.8%33.9%5.3%2.8%-1.6M21.4M-324.1K0.5018.52N/AN/A1236132,310102,079
2020-10-02$19.88$19.5034.8%9.4%25.3%19.2%34.5%9.7%4.5%-1.3M8.5M-300.3K0.9619.54N/AN/A10,45310,07732,366102,122
2020-10-05$20.13$21.0036.0%10.7%25.4%20.5%37.1%15.2%-1.1%-806.5K-2.3M-318.3K0.2443.75N/AN/A3909542,377111,953
2020-10-06$20.51$21.0036.1%10.3%25.0%20.6%35.5%4.4%-0.4%-379.6K-14.4M-299.9K0.5372.64N/AN/A93349042,602112,008
2020-10-07$20.59$21.0035.0%10.4%24.9%19.4%36.4%5.3%1.4%-221.6K-17.9M-287.4K0.0271.12N/AN/A20,57733742,593112,454
2020-10-08$21.24$21.0035.0%10.5%26.8%19.4%36.5%15.0%-9.0%80.7K-36.7M-260.1K0.1173.21N/AN/A8259045,083112,698
2020-10-09$21.41$21.0034.7%10.2%26.8%19.2%34.4%7.3%1.2%51.3K-39.2M-257.1K0.2184.11N/AN/A49010445,152112,730
2020-10-12$21.68$21.0034.7%9.7%26.8%19.1%34.5%-20.7%-1.8%539.7K-49.5M-211.8K0.6687.30N/AN/A46830945,021112,648
2020-10-13$20.89$21.0034.9%10.3%28.5%19.3%34.5%10.8%1.1%-74.3K-29.1M-255.6K0.2964.48N/AN/A42612445,182112,817
2020-10-14$20.80$21.0033.7%10.0%25.8%18.1%34.5%4.0%0.5%118.1K-28.9M-244.1K1.7779.64N/AN/A5811,02645,362112,916
2020-10-15$20.93$21.0035.9%10.2%24.1%20.3%35.6%7.2%-0.2%-78.8K-30.6M-241.7K0.5365.87N/AN/A36519445,258113,752
2020-10-16$20.88$21.0035.1%10.1%22.5%19.5%35.9%3.8%0.4%241.6K-32.1M-228.0K0.2788.89N/AN/A19,4135,28045,458113,916
2020-10-19$20.87$21.0036.5%10.4%22.5%21.0%37.6%6.6%-1.0%-579.7K-19.8M-240.3K0.0375.45N/AN/A18,57951243,434117,705
2020-10-20$21.34$21.0037.1%10.4%23.3%21.6%35.0%4.4%18.9%567.6K-33.0M-248.6K0.51104.90N/AN/A81141347,171118,008
2020-10-21$21.59$21.0036.1%10.3%23.3%20.5%33.8%5.0%-0.7%637.4K-40.6M-242.4K1.0186.37N/AN/A79280248,135118,326
2020-10-22$22.07$21.0035.6%10.2%23.6%20.0%34.4%7.9%-1.1%1.2M-53.5M-218.7K0.3995.08N/AN/A84933448,714119,039
2020-10-23$22.27$21.0036.3%10.5%23.4%20.7%35.3%6.2%-0.8%1.3M-58.6M-207.2K0.2587.22N/AN/A69117449,328119,236
2020-10-26$22.12$21.0039.3%11.7%23.9%23.8%41.3%9.7%-1.3%1.1M-53.4M-222.7K2.1374.80N/AN/A5381,14649,685119,175
2020-10-27$22.32$21.0038.0%11.5%23.9%22.5%40.7%6.1%0.7%1.2M-58.0M-217.8K0.4450.94N/AN/A2089149,861119,800
2020-10-28$21.43$21.0042.8%12.8%29.3%27.4%44.5%10.0%-0.7%474.4K-34.8M-256.9K0.9694.69N/AN/A84781649,959119,906
2020-10-29$21.51$21.0040.3%12.4%29.2%24.8%46.7%10.6%-0.3%719.0K-37.7M-246.8K2.3974.42N/AN/A10525150,136120,520
2020-10-30$21.16$21.0041.6%13.0%28.7%26.2%49.2%7.4%0.5%451.4K-30.5M-247.4K1.1668.56N/AN/A18721650,137120,700