CNP Options History — August 2024

In August 2024, CNP traded between $25.69 and $28.19. ATM implied volatility averaged 20.9%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 9.8% (HV 20d: 30.7%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 3.37.

Notable Days

  • 2024-08-15: Highest Volume — 3,799 contracts
  • 2024-08-05: Largest IV spike — 46.9% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.48$25.69$28.19$28.19$27.24
Max Pain$27.68$27.00$29.00$29.00$27.00
ATM IV20.9%16.4%35.3%19.6%16.4%
Expected Move5.6%4.7%8.2%5.6%4.7%
HV 20d30.7%22.9%39.3%34.5%22.9%
HV 60d26.7%24.3%27.4%24.3%26.6%
IV Rank37.7%16.7%100.0%40.0%16.7%
IV Percentile60.1%25.4%100.0%62.7%25.4%
Term Structure0.6%-1.2%2.3%-0.1%1.0%
VWIV20.1%14.3%28.1%20.0%21.2%
Skew 25d3.1%-0.2%6.8%-0.2%4.7%
Skew 10d6.8%-4.1%15.8%-4.1%15.8%
Call IV 25d18.3%14.6%26.0%20.1%14.6%
Put IV 25d21.5%18.8%32.8%19.9%19.3%
Bid-Ask Spread %73.0856.3296.7796.7772.12
Gamma HHI0.170.130.220.210.20
Net GEX-11.6K-423.4K479.9K20.0K421.1K
Net DEX7.2M-4.5M17.4M5.0M-3.4M
Net VEX-54.6K-74.1K-40.2K-74.1K-65.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.370.0128.220.270.45
Total Volume1,034.6361003,7991002,284
Total OI23,206.518,78327,63922,91822,485

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$28.19$29.0019.6%5.6%34.5%40.0%20.0%-0.2%-0.1%20.0K5.0M-74.1K0.2796.77N/AN/A792113,5579,361
2024-08-02$27.06$29.0024.0%6.9%36.7%65.4%25.4%4.8%-1.2%-233.9K11.5M-61.7K25.9684.90N/AN/A461,19413,6149,373
2024-08-05$26.02$29.0035.3%8.2%38.6%100.0%28.1%6.8%-1.0%-302.9K16.0M-49.3K1.0967.14N/AN/A68674513,61810,064
2024-08-06$25.89$29.0025.2%6.5%38.3%55.6%22.2%5.2%0.3%-371.7K16.4M-49.3K2.6866.89N/AN/A23061614,21610,391
2024-08-07$25.74$28.0028.1%6.8%38.3%68.2%26.1%3.1%0.4%-375.4K17.4M-49.3K0.3069.04N/AN/A2668114,34810,930
2024-08-08$26.30$28.0023.3%5.9%39.3%47.2%22.0%1.8%2.0%-423.4K15.4M-56.0K0.1666.57N/AN/A1,58025914,22410,966
2024-08-09$26.39$28.0023.1%5.8%37.8%46.2%19.0%2.3%-0.1%-328.1K14.7M-54.5K2.2069.62N/AN/A16335915,70911,113
2024-08-12$26.11$28.0030.3%5.7%28.2%77.8%23.6%3.3%1.0%-364.6K15.0M-56.5K3.1174.43N/AN/A19059015,79311,140
2024-08-13$25.89$28.0024.3%5.7%27.0%51.5%21.4%2.9%0.3%-309.5K16.5M-50.7K5.3571.56N/AN/A8646015,92511,553
2024-08-14$25.69$28.0018.9%5.4%27.0%27.6%22.2%2.9%1.2%-160.2K17.4M-43.5K0.2275.14N/AN/A87919116,00011,342
2024-08-15$25.84$28.0018.3%5.2%26.8%24.9%16.8%2.5%0.1%-202.9K15.5M-49.1K28.2285.45N/AN/A1303,66916,36411,275
2024-08-16$25.84$27.0016.6%4.7%26.6%17.3%16.5%3.5%2.3%-128.3K5.5M-41.7K0.1789.11N/AN/A89715516,4526,993
2024-08-19$25.99$27.0016.8%4.8%26.9%18.3%17.7%3.9%1.1%80.2K4.0M-42.2K0.2571.14N/AN/A3699212,7036,080
2024-08-20$25.79$27.0017.2%4.9%26.9%20.1%18.1%1.2%1.5%59.5K4.9M-40.2K0.0657.74N/AN/A2651612,9526,094
2024-08-21$26.16$27.0017.5%5.0%27.3%21.5%18.4%2.1%1.3%157.0K2.7M-46.2K0.0168.40N/AN/A1,3591513,1806,096
2024-08-22$26.91$27.0018.0%5.2%29.8%23.8%18.4%3.9%0.5%283.4K-927.8K-55.5K0.2672.95N/AN/A91223913,6746,106
2024-08-23$26.73$27.0016.9%4.9%29.1%19.0%17.0%2.0%1.3%263.8K-338.9K-57.1K0.1965.24N/AN/A1,36426114,0776,340
2024-08-26$27.23$27.0017.8%5.1%30.2%22.6%17.7%4.0%0.2%424.8K-3.9M-65.2K0.2261.50N/AN/A3307114,8446,486
2024-08-27$27.31$27.0017.3%4.9%29.2%20.4%17.3%2.0%0.7%479.9K-4.5M-67.8K1.3356.32N/AN/A20026714,9136,497
2024-08-28$27.23$27.0018.4%5.3%27.7%25.5%14.3%4.1%0.0%419.7K-3.6M-64.2K1.4784.79N/AN/A22132514,9556,756
2024-08-29$27.05$27.0017.1%4.9%27.0%19.7%18.3%2.3%0.4%337.2K-2.2M-62.0K0.0780.84N/AN/A5613915,0496,935
2024-08-30$27.24$27.0016.4%4.7%22.9%16.7%21.2%4.7%1.0%421.1K-3.4M-65.8K0.4572.12N/AN/A1,57271215,5336,952