CNP Options History — February 2022

In February 2022, CNP traded between $26.49 and $28.45. ATM implied volatility averaged 24.6%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 8.2% (HV 20d: 16.4%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.95.

Notable Days

  • 2022-02-15: Highest Volume — 3,943 contracts
  • 2022-02-28: Largest IV spike — 11.3% change
  • 2022-02-28: Highest IV Rank — 18.1%
  • 2022-02-28: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.41$26.49$28.45$28.16$27.33
Max Pain$27.00$27.00$27.00$27.00$27.00
ATM IV24.6%22.3%27.1%23.6%27.1%
Expected Move7.1%6.4%7.8%6.8%7.8%
HV 20d16.4%12.4%22.2%12.4%21.9%
HV 60d18.3%17.2%19.4%17.2%19.4%
IV Rank12.6%8.6%18.1%10.8%18.1%
IV Percentile56.7%32.5%84.9%43.7%84.9%
Term Structure-0.5%-2.4%1.2%-0.6%-2.1%
VWIV24.3%21.8%26.5%23.1%25.6%
Skew 25d3.6%2.5%4.7%3.3%3.8%
Skew 10d9.0%3.4%24.3%13.1%10.6%
Call IV 25d23.0%20.0%25.1%21.0%24.8%
Put IV 25d26.6%24.2%29.3%24.3%28.6%
Bid-Ask Spread %39.5318.9874.3437.8618.98
Gamma HHI0.200.130.360.210.14
Net GEX596.4K210.9K931.2K759.7K319.7K
Net DEX-11.7M-17.0M-6.3M-15.9M-9.5M
Net VEX-86.1K-91.4K-70.8K-90.0K-88.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.251.390.910.93
Total Volume1,397.0539443,9431,2221,069
Total OI16,818.84213,23018,59017,90013,865

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$28.16$27.0023.6%6.8%12.4%10.8%23.1%3.3%-0.6%759.7K-15.9M-90.0K0.9137.86N/AN/A64158111,2506,650
2022-02-02$28.45$27.0022.3%6.4%12.8%8.6%22.6%4.2%1.2%804.2K-17.0M-91.4K1.2552.48N/AN/A47659411,3186,650
2022-02-03$28.21$27.0024.6%7.2%13.3%12.4%24.1%3.1%0.1%769.3K-16.4M-89.8K1.2130.11N/AN/A49059111,4096,668
2022-02-04$27.95$27.0023.1%6.9%13.7%9.9%23.6%4.2%0.5%805.6K-15.2M-89.2K1.3722.99N/AN/A41857311,4266,678
2022-02-07$28.04$27.0023.6%7.1%13.7%10.8%24.4%4.7%-0.8%808.8K-16.7M-70.8K1.2523.73N/AN/A45056311,4176,693
2022-02-08$28.13$27.0022.8%6.7%13.6%9.4%23.4%4.7%0.2%907.7K-16.8M-78.3K1.3945.45N/AN/A41958211,3946,704
2022-02-09$28.24$27.0023.0%6.6%13.1%9.7%21.8%3.3%0.8%931.2K-17.0M-86.0K1.2042.72N/AN/A49359411,4306,698
2022-02-10$27.59$27.0024.2%6.9%15.7%11.8%23.8%3.4%-0.7%908.4K-13.4M-90.3K1.2537.39N/AN/A47559411,4436,719
2022-02-11$27.46$27.0026.3%7.6%15.7%15.5%25.5%4.3%-1.4%897.4K-12.5M-86.7K1.3744.41N/AN/A48766511,4746,755
2022-02-14$26.90$27.0026.1%7.5%17.3%15.2%26.5%4.1%-0.8%726.5K-9.1M-87.0K1.0545.57N/AN/A59062011,4716,844
2022-02-15$26.74$27.0024.7%7.1%17.2%12.7%25.0%2.5%-0.4%729.3K-8.4M-85.8K0.2570.46N/AN/A3,16078311,7106,880
2022-02-16$26.89$27.0024.3%7.0%17.3%12.0%25.1%4.0%-0.1%316.7K-7.6M-86.3K0.5127.81N/AN/A1,31267310,2306,915
2022-02-17$26.83$27.0025.1%7.2%17.1%13.4%25.9%3.4%-0.7%341.3K-7.4M-84.9K0.6047.52N/AN/A1,10466210,3066,912
2022-02-18$26.52$27.0025.8%7.4%17.3%14.7%25.1%3.0%-0.3%210.9K-6.3M-83.9K0.4730.73N/AN/A1,41466010,3536,963
2022-02-22$27.11$27.0025.1%7.2%18.8%13.5%24.3%3.8%-0.7%272.0K-8.6M-88.0K0.4043.82N/AN/A1,2124878,4384,792
2022-02-23$26.53$27.0025.1%7.2%19.8%13.4%25.0%2.6%-0.4%251.7K-7.5M-88.0K0.8026.80N/AN/A6054828,8504,836
2022-02-24$26.49$27.0026.2%7.5%19.7%15.3%24.6%3.1%-2.4%242.8K-7.1M-87.2K0.7774.34N/AN/A6104718,8274,888
2022-02-25$27.24$27.0024.3%7.0%22.2%12.0%23.0%2.8%-1.2%328.2K-9.4M-84.8K1.0027.96N/AN/A4724728,8154,887
2022-02-28$27.33$27.0027.1%7.8%21.9%18.1%25.6%3.8%-2.1%319.7K-9.5M-88.1K0.9318.98N/AN/A5545158,9434,922