CNP Options History — April 2022

In April 2022, CNP traded between $30.78 and $32.69. ATM implied volatility averaged 23.7%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 8.2% (HV 20d: 15.5%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2022-04-01: Highest Volume — 5,860 contracts
  • 2022-04-11: Largest IV spike — 23.8% change
  • 2022-04-27: Highest IV Rank — 23.3%
  • 2022-04-27: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.84$30.78$32.69$31.14$30.78
Max Pain$27.05$27.00$28.00$27.00$27.00
ATM IV23.7%18.6%29.6%18.6%28.0%
Expected Move7.0%5.9%8.5%5.9%8.0%
HV 20d15.5%13.7%18.4%14.0%18.4%
HV 60d19.2%18.7%19.8%18.7%19.8%
IV Rank12.4%2.8%23.3%2.8%20.4%
IV Percentile50.8%1.6%98.0%1.6%92.9%
Term Structure-1.2%-5.1%2.0%2.0%-2.7%
VWIV24.4%20.3%29.4%20.3%28.0%
Skew 25d3.5%2.7%4.6%2.7%4.0%
Skew 10d6.6%-12.7%14.2%11.4%10.6%
Call IV 25d22.3%16.6%26.7%16.6%26.1%
Put IV 25d25.7%19.4%30.2%19.4%30.0%
Bid-Ask Spread %60.3221.2085.7238.5521.20
Gamma HHI0.280.240.310.250.26
Net GEX1.8M1.2M2.0M1.2M1.8M
Net DEX-35.6M-43.2M-25.7M-25.7M-27.0M
Net VEX-114.5K-126.2K-97.8K-97.8K-115.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.172.300.260.23
Total Volume2,649.91935,8605,8602,843
Total OI25,267.9519,50327,10019,50326,986

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$31.14$27.0018.6%5.9%14.0%2.8%20.3%2.7%2.0%1.2M-25.7M-97.8K0.2638.55N/AN/A4,6531,20713,6035,900
2022-04-04$30.97$27.0018.8%6.0%14.2%3.2%23.4%3.5%0.2%1.8M-29.3M-114.1K2.3041.89N/AN/A4871,12017,7925,811
2022-04-05$31.06$27.0019.8%6.2%13.7%5.1%22.1%3.3%0.6%1.9M-29.9M-115.2K1.4061.24N/AN/A8651,21217,8135,839
2022-04-06$31.65$27.0020.3%6.1%14.6%5.9%22.1%3.7%0.7%1.8M-35.7M-108.4K0.8158.08N/AN/A1,4341,16818,2286,078
2022-04-07$31.95$27.0020.4%6.5%14.6%6.3%23.7%3.9%-0.4%1.7M-36.0M-113.0K1.0066.25N/AN/A1,1281,12417,9366,158
2022-04-08$32.56$27.0019.4%6.4%14.8%4.2%22.3%3.3%0.2%1.5M-40.5M-106.8K0.4229.60N/AN/A2,3641,00317,9946,229
2022-04-11$32.28$27.0024.0%6.8%15.4%12.8%23.3%3.8%-0.2%1.6M-40.3M-118.8K0.4261.30N/AN/A2,4871,03719,1616,249
2022-04-12$32.24$28.0025.3%7.0%15.1%15.2%25.0%3.3%-0.6%1.7M-39.0M-126.2K0.5377.89N/AN/A2,2651,20219,5346,323
2022-04-13$32.31$27.0023.7%6.8%14.7%12.4%22.8%4.0%-0.8%1.6M-41.5M-117.3K0.4675.70N/AN/A2,5981,19819,9716,502
2022-04-14$32.46$27.0023.5%6.7%14.5%12.0%24.1%3.4%-1.6%1.7M-43.2M-125.5K0.7179.15N/AN/A1,7521,24020,6156,485
2022-04-18$32.26$27.0023.6%6.8%14.8%12.1%23.5%2.8%-1.5%1.8M-38.4M-112.5K0.8785.72N/AN/A1,1761,02419,1905,909
2022-04-19$32.22$27.0022.7%6.5%14.6%10.4%22.5%3.4%-0.8%1.9M-37.6M-110.2K0.4482.18N/AN/A1,74777619,0805,917
2022-04-20$32.69$27.0021.6%6.2%15.0%8.3%22.0%2.7%-0.1%1.9M-42.0M-107.1K0.2779.50N/AN/A1,79847719,4215,960
2022-04-21$32.22$27.0024.9%7.1%16.5%14.5%24.2%3.3%-2.7%2.0M-38.3M-112.7K0.5585.53N/AN/A1,30772019,8485,951
2022-04-22$32.01$27.0025.1%7.2%17.0%15.0%25.1%3.7%-1.3%1.9M-36.0M-114.3K0.6737.68N/AN/A1,06671919,8566,171
2022-04-25$31.76$27.0027.0%7.7%16.5%18.5%28.1%4.1%-2.4%1.9M-33.7M-114.1K0.2763.84N/AN/A2,06655419,8166,178
2022-04-26$31.34$27.0029.6%8.5%17.4%23.3%28.6%3.2%-4.5%1.9M-31.9M-121.6K0.2569.20N/AN/A2,04950720,7416,194
2022-04-27$31.45$27.0029.6%8.5%16.8%23.3%29.4%4.6%-5.1%1.9M-32.9M-118.9K0.1740.91N/AN/A1652820,7466,199
2022-04-28$31.45$27.0028.6%8.2%16.8%21.4%27.3%2.7%-3.7%2.0M-32.7M-119.3K0.2751.02N/AN/A1,91651620,7716,204
2022-04-29$30.78$27.0028.0%8.0%18.4%20.4%28.0%4.0%-2.7%1.8M-27.0M-115.9K0.2321.20N/AN/A2,30354020,7896,197