CNP Options History — July 2022

In July 2022, CNP traded between $29.05 and $31.72. ATM implied volatility averaged 26.4%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 4.9% (HV 20d: 31.3%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2022-07-08: Highest Volume — 3,085 contracts
  • 2022-07-05: Largest IV spike — 30.2% change
  • 2022-07-20: Highest IV Rank — 21.9%
  • 2022-07-05: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.82$29.05$31.72$30.57$31.72
Max Pain$28.05$28.00$29.00$29.00$28.00
ATM IV26.4%20.4%28.8%20.4%25.5%
Expected Move7.8%5.9%8.3%5.9%7.3%
HV 20d31.3%25.6%40.0%36.0%26.9%
HV 60d27.2%25.7%27.6%25.7%27.3%
IV Rank17.4%6.3%21.9%6.3%15.6%
IV Percentile76.1%15.5%94.8%15.5%67.1%
Term Structure-1.5%-3.0%4.3%4.3%-2.6%
VWIV26.3%22.1%28.2%22.1%27.2%
Skew 25d5.8%4.1%8.5%8.5%4.1%
Skew 10d13.6%7.3%19.7%17.8%11.7%
Call IV 25d24.7%17.4%26.8%17.4%23.7%
Put IV 25d30.5%25.8%33.0%25.8%27.8%
Bid-Ask Spread %43.3815.2264.3757.1415.22
Gamma HHI0.180.160.210.190.17
Net GEX736.8K483.9K1.1M749.4K1.1M
Net DEX-14.2M-25.9M-9.4M-17.0M-25.9M
Net VEX-96.2K-106.1K-88.2K-106.1K-88.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.280.630.470.45
Total Volume2,168.351,6003,0852,3512,092
Total OI25,305.9521,14629,49828,50822,617

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$30.57$29.0020.4%5.9%36.0%6.3%22.1%8.5%4.3%749.4K-17.0M-106.1K0.4757.14N/AN/A1,59875317,75610,752
2022-07-05$29.07$28.0026.6%8.3%39.7%17.8%25.8%6.2%-1.2%483.9K-10.1M-101.5K0.4750.29N/AN/A1,60975417,81510,757
2022-07-06$29.38$28.0025.2%8.2%40.0%15.1%24.3%6.5%-1.3%563.7K-11.5M-103.4K0.4835.51N/AN/A1,57776017,87310,813
2022-07-07$29.36$28.0023.6%8.0%39.4%12.1%24.7%5.9%-1.1%626.1K-11.7M-100.5K0.3250.74N/AN/A2,32874217,89310,820
2022-07-08$29.43$28.0023.1%7.9%38.9%11.2%24.6%5.4%-0.9%708.4K-12.3M-101.0K0.3263.40N/AN/A2,34274318,25810,829
2022-07-11$29.42$28.0026.5%8.0%38.4%17.5%27.4%5.1%-1.4%715.3K-12.1M-101.3K0.4739.25N/AN/A1,41667118,26310,842
2022-07-12$29.37$28.0028.2%8.0%38.1%20.8%27.4%5.1%-0.5%717.3K-12.0M-100.6K0.5542.17N/AN/A1,49781818,32810,847
2022-07-13$29.05$28.0028.2%8.1%32.4%20.7%27.2%4.9%-0.6%590.7K-9.7M-98.9K0.5739.74N/AN/A1,44681818,42411,014
2022-07-14$29.07$28.0028.1%8.1%29.2%20.6%27.9%5.8%-2.3%576.3K-9.4M-97.0K0.5454.35N/AN/A1,51581818,44911,023
2022-07-15$29.60$28.0026.4%7.6%28.9%17.3%27.3%7.2%-1.4%689.6K-12.6M-95.5K0.3758.14N/AN/A1,82567018,47011,028
2022-07-18$29.55$28.0027.1%7.8%26.2%18.7%28.1%4.2%-1.9%712.0K-13.2M-94.7K0.5337.99N/AN/A1,13959813,1827,964
2022-07-19$29.83$28.0026.8%7.7%26.2%18.0%28.2%7.2%-2.2%748.6K-14.4M-94.3K0.5331.35N/AN/A1,15060813,2038,003
2022-07-20$29.44$28.0028.8%8.3%26.6%21.9%28.1%5.7%-3.0%718.1K-12.3M-91.9K0.6364.37N/AN/A98261813,2298,026
2022-07-21$29.28$28.0027.7%7.9%26.7%19.8%27.9%5.2%-2.3%729.6K-11.7M-92.6K0.6137.91N/AN/A1,01161313,2428,068
2022-07-22$29.61$28.0026.4%7.6%26.5%17.4%24.5%6.0%-1.5%761.7K-13.1M-93.3K0.5815.82N/AN/A1,02059513,2558,079
2022-07-25$29.92$28.0027.9%8.0%25.6%20.2%24.8%5.8%-3.0%806.0K-14.5M-90.6K0.5826.64N/AN/A1,01958813,3158,090
2022-07-26$30.45$28.0028.7%8.2%26.2%21.6%27.7%5.4%-2.6%841.9K-17.4M-92.2K0.4363.84N/AN/A1,30056213,3988,115
2022-07-27$30.77$28.0026.4%7.6%26.4%17.4%26.3%6.0%-2.6%917.7K-19.4M-88.5K0.3252.74N/AN/A1,71455113,6058,120
2022-07-28$31.49$28.0026.4%7.6%27.3%17.3%24.9%6.2%-2.6%1.0M-23.8M-91.4K0.2830.95N/AN/A1,95355414,2298,125
2022-07-29$31.72$28.0025.5%7.3%26.9%15.6%27.2%4.1%-2.6%1.1M-25.9M-88.2K0.4515.22N/AN/A1,44265014,4758,142