CNP Options History — May 2022

In May 2022, CNP traded between $30.12 and $32.39. ATM implied volatility averaged 24.3%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 3.9% (HV 20d: 20.4%). Max pain ranged from $27.00 to $32.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2022-05-23: Highest Volume — 6,796 contracts
  • 2022-05-04: Largest IV drop — 17.7% change
  • 2022-05-02: Highest IV Rank — 24.7%
  • 2022-05-02: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.99$30.12$32.39$30.12$32.10
Max Pain$30.67$27.00$32.00$27.00$30.00
ATM IV24.3%20.0%30.3%30.3%20.7%
Expected Move6.8%5.7%8.7%8.7%5.9%
HV 20d20.4%18.5%22.3%18.5%19.3%
HV 60d19.9%17.6%21.2%20.3%17.6%
IV Rank13.4%5.4%24.7%24.7%6.7%
IV Percentile55.6%10.3%98.0%98.0%19.4%
Term Structure-0.1%-3.6%2.2%-3.6%-0.0%
VWIV23.3%19.3%29.5%29.5%19.5%
Skew 25d3.8%1.7%5.5%5.5%2.5%
Skew 10d7.3%2.8%15.0%6.3%5.4%
Call IV 25d22.2%17.5%27.6%27.6%19.6%
Put IV 25d26.0%22.1%33.1%33.1%22.2%
Bid-Ask Spread %47.8718.6876.2741.8531.33
Gamma HHI0.300.190.490.240.47
Net GEX1.6M532.4K2.3M1.6M1.7M
Net DEX-21.6M-29.3M-13.2M-20.8M-25.3M
Net VEX-104.0K-112.0K-92.4K-111.8K-109.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.070.730.330.73
Total Volume3,608.0481,8866,7963,0401,886
Total OI24,860.33316,33827,57226,90721,478

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$30.12$27.0030.3%8.7%18.5%24.7%29.5%5.5%-3.6%1.6M-20.8M-111.8K0.3341.85N/AN/A2,28575520,6896,218
2022-05-03$30.48$27.0027.6%7.9%19.0%19.6%27.3%3.8%-3.1%1.8M-22.5M-110.0K0.3165.55N/AN/A2,21169120,4756,460
2022-05-04$31.29$28.0022.7%6.5%21.3%10.5%22.8%1.7%-1.5%2.3M-29.3M-111.5K0.2241.29N/AN/A2,28150420,5836,617
2022-05-05$30.83$32.0025.1%6.8%20.8%15.0%23.1%4.1%1.1%2.1M-25.2M-108.0K0.2218.68N/AN/A2,15546420,8496,624
2022-05-06$30.73$32.0025.6%6.8%20.4%15.8%23.3%4.5%1.3%2.0M-24.6M-111.3K0.2241.21N/AN/A2,22548120,8806,620
2022-05-09$30.38$32.0029.2%7.5%19.1%22.6%25.8%3.5%-0.3%1.8M-21.4M-107.4K0.2168.23N/AN/A2,28348120,9146,620
2022-05-10$30.42$32.0028.5%7.3%19.0%21.3%24.9%4.5%1.0%1.9M-21.4M-103.2K0.2252.10N/AN/A2,13245920,9476,611
2022-05-11$30.45$32.0026.1%7.5%19.1%16.8%24.1%3.9%-0.3%1.9M-22.0M-102.7K0.2228.08N/AN/A2,04944720,9536,619
2022-05-12$30.35$32.0026.2%7.5%19.0%17.0%24.6%3.2%0.1%1.8M-20.3M-101.3K0.2252.09N/AN/A2,04744520,9456,624
2022-05-13$31.01$32.0022.9%6.6%20.8%10.9%22.8%3.0%1.8%2.3M-26.1M-98.6K0.2257.44N/AN/A2,09345720,8816,628
2022-05-16$30.96$32.0022.7%6.5%20.7%10.5%22.6%4.3%2.2%2.2M-24.7M-95.5K0.1163.55N/AN/A4,43150920,9316,629
2022-05-17$31.26$32.0022.7%6.5%21.1%10.4%20.9%4.2%0.5%1.9M-20.8M-95.3K0.0757.29N/AN/A6,32246418,8026,673
2022-05-18$30.63$32.0024.1%6.9%21.2%13.2%25.0%3.5%1.1%882.6K-13.7M-95.1K0.1163.31N/AN/A4,62949617,9976,663
2022-05-19$30.65$31.0023.4%6.7%20.9%11.9%23.6%3.8%0.5%988.7K-14.0M-95.5K0.1076.27N/AN/A4,55346418,1256,548
2022-05-20$30.64$31.0022.7%6.5%20.8%10.5%23.5%5.1%0.6%532.4K-13.2M-94.7K0.2065.35N/AN/A2,38847018,1236,542
2022-05-23$30.77$30.0022.7%6.5%20.8%10.5%21.4%3.0%-0.6%621.4K-14.4M-92.4K0.0722.22N/AN/A6,34445210,8915,447
2022-05-24$31.37$30.0023.8%6.8%21.6%12.6%22.2%4.0%-1.7%1.2M-20.0M-108.9K0.0736.51N/AN/A5,92041614,8245,456
2022-05-25$31.82$30.0021.8%6.2%22.1%8.8%21.3%3.8%-0.2%1.3M-22.4M-110.8K0.1225.45N/AN/A3,36941714,8525,466
2022-05-26$32.04$30.0020.6%5.9%22.3%6.7%21.1%3.6%0.3%1.6M-24.9M-109.5K0.2052.12N/AN/A2,22245315,8605,474
2022-05-27$32.39$30.0020.0%5.7%20.8%5.4%19.3%4.6%-0.3%1.8M-27.4M-112.0K0.2045.42N/AN/A2,17744216,0885,441
2022-05-31$32.10$30.0020.7%5.9%19.3%6.7%19.5%2.5%-0.0%1.7M-25.3M-109.4K0.7331.33N/AN/A1,09379316,0085,470