CNP Options History — October 2023

In October 2023, CNP traded between $25.76 and $27.81. ATM implied volatility averaged 25.9%, placing in the 55.4% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 2.3% (HV 20d: 23.6%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 6.02.

Notable Days

  • 2023-10-02: Highest Volume — 2,690 contracts
  • 2023-10-26: Largest IV drop — 20.5% change
  • 2023-10-03: Highest IV Rank — 71.0%
  • 2023-10-03: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.14$25.76$27.81$25.76$26.77
Max Pain$28.50$28.00$29.00$28.00$28.00
ATM IV25.9%21.0%30.0%25.9%21.0%
Expected Move7.5%6.0%8.6%7.4%6.0%
HV 20d23.6%17.8%25.3%23.4%17.8%
HV 60d19.2%18.3%20.1%19.4%19.1%
IV Rank55.4%35.4%71.0%53.6%35.4%
IV Percentile81.9%41.7%95.2%83.7%41.7%
Term Structure-2.1%-4.3%2.8%2.6%0.3%
VWIV26.2%20.3%29.8%28.9%20.3%
Skew 25d4.7%2.9%6.3%6.3%3.1%
Skew 10d11.8%5.0%17.5%17.5%8.0%
Call IV 25d23.8%20.9%25.6%23.9%20.9%
Put IV 25d28.5%24.0%31.3%30.2%24.0%
Bid-Ask Spread %31.6110.7468.8444.6913.61
Gamma HHI0.230.140.340.200.29
Net GEX-22.9K-239.0K186.1K-135.8K-90.8K
Net DEX6.4M3.1M10.6M10.6M8.4M
Net VEX-53.1K-60.5K-39.6K-39.6K-48.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.020.0053.7626.730.00
Total Volume498.182102,6902,6901,389
Total OI17,968.31816,65419,40116,76719,143

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$25.76$28.0025.9%7.4%23.4%53.6%28.9%6.3%2.6%-135.8K10.6M-39.6K26.7344.69N/AN/A972,5939,5197,248
2023-10-03$26.39$28.0030.0%8.6%25.2%71.0%29.7%4.4%1.3%-239.0K9.1M-53.1K3.9448.55N/AN/A341349,5868,694
2023-10-04$26.52$28.0025.7%7.4%25.3%52.7%26.6%5.1%2.8%-238.6K8.7M-56.2K53.7638.57N/AN/A251,3449,6228,768
2023-10-05$26.61$29.0025.7%8.0%23.8%52.7%28.1%5.9%-2.2%-163.0K7.7M-53.5K0.4218.37N/AN/A64279,6357,928
2023-10-06$26.88$29.0024.9%8.2%23.6%49.3%28.7%5.4%-3.3%-125.7K7.1M-52.8K0.0458.71N/AN/A523199,6637,945
2023-10-09$27.13$29.0027.0%8.2%24.0%58.4%26.9%5.2%-4.3%54.8K5.2M-56.9K0.0420.88N/AN/A153610,1667,933
2023-10-10$27.48$29.0025.5%7.6%24.4%51.9%27.4%5.7%-2.9%108.3K4.4M-59.6K0.7015.17N/AN/A332310,2127,937
2023-10-11$27.73$29.0025.1%7.2%24.4%50.1%26.7%5.5%-2.6%168.1K3.1M-58.8K0.0532.68N/AN/A112610,1937,954
2023-10-12$27.41$29.0026.0%7.5%24.3%54.1%25.9%4.3%-2.8%127.3K4.3M-55.2K1.5222.17N/AN/A233510,1937,957
2023-10-13$27.48$29.0027.0%7.7%24.1%58.2%25.8%4.3%-3.7%151.5K4.3M-56.9K0.0668.84N/AN/A17110,2077,959
2023-10-16$27.77$29.0024.6%7.1%24.5%50.3%24.5%4.3%-2.3%186.1K3.1M-56.0K0.3922.86N/AN/A331310,2147,959
2023-10-17$27.81$29.0025.1%7.2%24.6%52.2%26.6%5.1%-2.5%184.3K3.3M-55.7K42.8451.11N/AN/A251,07110,2107,968
2023-10-18$27.69$29.0026.5%7.6%24.5%58.4%25.1%4.7%-3.0%38.7K4.1M-60.5K0.0016.94N/AN/A10010,2109,028
2023-10-19$27.49$29.0027.6%7.9%24.4%64.8%25.1%4.3%-3.5%10.9K5.0M-57.0K0.0120.63N/AN/A160110,2159,028
2023-10-20$27.23$28.0028.3%8.1%24.5%68.4%29.8%5.2%-3.5%180.6K6.3M-50.3K0.4112.03N/AN/A391610,3729,029
2023-10-23$26.87$28.0028.0%8.0%24.8%66.8%26.2%3.8%-3.8%-137.5K8.4M-48.0K0.0310.74N/AN/A6029,5117,143
2023-10-24$27.34$28.0027.6%7.9%22.6%65.0%24.5%5.1%-3.8%-109.6K7.3M-51.6K0.2241.16N/AN/A3689,5597,142
2023-10-25$27.48$28.0028.6%8.2%22.5%69.7%27.4%5.3%-4.0%-79.5K6.6M-51.8K1.0357.54N/AN/A38399,6727,143
2023-10-26$27.55$28.0022.8%6.5%21.8%43.4%22.6%4.4%-1.7%-92.9K5.6M-55.2K0.1458.09N/AN/A339489,7057,143
2023-10-27$26.71$28.0024.3%7.0%24.6%50.0%27.2%3.0%-1.8%-178.5K9.6M-40.4K0.0110.76N/AN/A1,557189,8457,169
2023-10-30$26.88$28.0022.8%6.5%19.6%43.4%21.5%2.9%-0.9%-122.1K8.1M-49.8K0.0411.23N/AN/A7563311,3737,203
2023-10-31$26.77$28.0021.0%6.0%17.8%35.4%20.3%3.1%0.3%-90.8K8.4M-48.7K0.0013.61N/AN/A1,387211,9437,200