CNP Options History — December 2024

In December 2024, CNP traded between $31.41 and $32.55. ATM implied volatility averaged 19.0%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 0.8% (HV 20d: 18.2%). Max pain ranged from $30.00 to $32.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.99.

Notable Days

2024-12-18: Highest Volume — 5,175 contracts
2024-12-20: Largest IV drop — 11.0% change
2024-12-18: Highest IV Rank — 36.8%
2024-12-18: Largest Expected Move — 6.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.95	$31.41	$32.55	$32.05	$31.57
Max Pain	$31.71	$30.00	$32.00	$30.00	$32.00
ATM IV	19.0%	17.7%	21.0%	18.3%	18.3%
Expected Move	5.4%	5.1%	6.0%	5.2%	5.2%
HV 20d	18.2%	15.9%	22.2%	22.2%	15.9%
HV 60d	19.7%	19.4%	20.0%	19.6%	19.9%
IV Rank	28.1%	22.5%	36.8%	24.8%	25.0%
IV Percentile	52.6%	35.3%	74.2%	47.2%	43.7%
Term Structure	2.3%	0.3%	3.5%	0.3%	2.9%
VWIV	19.5%	16.8%	21.0%	19.1%	19.5%
Skew 25d	1.8%	-0.2%	3.3%	-0.2%	2.3%
Skew 10d	3.1%	-8.6%	9.0%	-4.9%	1.4%
Call IV 25d	18.5%	16.5%	20.7%	19.1%	18.3%
Put IV 25d	20.3%	18.1%	22.7%	18.9%	20.6%
Bid-Ask Spread %	66.13	44.39	89.67	71.75	81.67
Gamma HHI	0.23	0.21	0.25	0.24	0.22
Net GEX	1.3M	821.6K	2.0M	1.0M	1.6M
Net DEX	-23.5M	-31.6M	-19.0M	-24.3M	-21.4M
Net VEX	-77.7K	-85.8K	-72.0K	-76.5K	-76.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.99	0.02	24.11	1.06	0.73
Total Volume	531.429	26	5,175	432	26
Total OI	20,048.667	17,680	23,931	17,702	23,391

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$32.05	$30.00	18.3%	5.2%	22.2%	24.8%	19.1%	-0.2%	0.3%	1.0M	-24.3M	-76.5K	1.06	71.75	N/A	N/A	210	222	12,751	4,951
2024-12-03	$32.27	$30.00	18.2%	5.2%	22.1%	24.7%	19.3%	1.0%	0.8%	1.0M	-25.2M	-74.4K	0.18	74.21	N/A	N/A	197	35	12,737	4,943
2024-12-04	$32.17	$30.00	17.7%	5.1%	21.2%	22.5%	18.0%	1.2%	0.9%	1.0M	-24.9M	-74.0K	1.41	83.85	N/A	N/A	32	45	12,782	4,941
2024-12-05	$32.20	$32.00	17.9%	5.4%	19.5%	23.1%	19.6%	2.4%	2.0%	1.0M	-24.6M	-74.9K	0.60	71.77	N/A	N/A	63	38	12,816	4,971
2024-12-06	$31.67	$32.00	18.4%	5.2%	20.9%	25.5%	16.8%	0.9%	2.6%	1.1M	-21.2M	-78.5K	1.43	61.27	N/A	N/A	14	20	12,832	4,995
2024-12-09	$31.41	$32.00	19.4%	5.6%	18.8%	30.1%	19.9%	1.6%	2.6%	1.1M	-19.4M	-78.2K	24.11	44.39	N/A	N/A	28	675	12,829	5,002
2024-12-10	$31.42	$32.00	20.4%	5.5%	18.2%	34.3%	18.7%	2.1%	2.5%	922.4K	-19.0M	-77.4K	0.53	59.10	N/A	N/A	19	10	12,814	5,618
2024-12-11	$31.48	$32.00	20.0%	5.7%	17.7%	32.4%	19.4%	2.0%	1.9%	931.3K	-19.2M	-76.5K	0.11	57.44	N/A	N/A	200	22	12,813	5,612
2024-12-12	$31.96	$32.00	19.5%	5.6%	18.4%	30.2%	19.3%	2.9%	2.2%	889.6K	-22.3M	-74.0K	0.32	63.90	N/A	N/A	74	24	12,744	5,632
2024-12-13	$32.02	$32.00	19.4%	5.6%	17.4%	29.9%	20.2%	2.0%	2.5%	889.0K	-22.7M	-72.9K	1.30	51.25	N/A	N/A	82	107	12,778	5,643
2024-12-16	$32.16	$32.00	19.7%	5.6%	15.9%	31.1%	19.7%	0.9%	1.9%	922.9K	-23.1M	-74.2K	0.04	64.55	N/A	N/A	227	8	12,834	5,654
2024-12-17	$31.74	$32.00	19.7%	5.7%	16.3%	31.2%	20.0%	1.4%	2.6%	863.8K	-21.2M	-72.0K	0.15	88.59	N/A	N/A	40	6	12,905	5,660
2024-12-18	$31.62	$32.00	21.0%	6.0%	16.3%	36.8%	20.8%	1.1%	1.4%	821.6K	-20.1M	-74.2K	0.02	89.67	N/A	N/A	5,084	91	12,950	5,667
2024-12-19	$31.86	$32.00	20.7%	5.9%	16.1%	35.7%	20.7%	2.6%	2.1%	1.6M	-25.5M	-85.2K	1.05	79.76	N/A	N/A	326	343	17,895	5,699
2024-12-20	$32.55	$32.00	18.5%	5.3%	17.8%	25.7%	20.0%	2.3%	3.0%	1.9M	-31.6M	-85.8K	0.08	48.37	N/A	N/A	824	68	18,113	5,818
2024-12-23	$32.02	$32.00	18.9%	5.4%	18.1%	27.6%	19.1%	2.4%	3.2%	1.8M	-24.5M	-84.2K	0.49	51.81	N/A	N/A	221	108	17,407	5,202
2024-12-24	$32.33	$32.00	18.0%	5.2%	17.5%	23.8%	20.6%	3.3%	3.5%	2.0M	-27.4M	-83.6K	4.48	65.36	N/A	N/A	21	94	17,569	5,263
2024-12-26	$32.29	$32.00	17.9%	5.1%	17.5%	23.4%	19.0%	2.3%	3.0%	2.0M	-27.4M	-80.7K	2.93	66.87	N/A	N/A	42	123	17,578	5,305
2024-12-27	$32.15	$32.00	18.4%	5.3%	17.6%	25.4%	19.8%	1.7%	2.9%	2.0M	-25.7M	-80.5K	0.81	55.34	N/A	N/A	115	93	17,607	5,330
2024-12-30	$31.91	$32.00	18.5%	5.3%	17.6%	25.7%	21.0%	2.1%	3.2%	1.8M	-22.9M	-78.1K	0.03	57.84	N/A	N/A	1,148	35	17,622	5,349
2024-12-31	$31.57	$32.00	18.3%	5.2%	15.9%	25.0%	19.5%	2.3%	2.9%	1.6M	-21.4M	-76.7K	0.73	81.67	N/A	N/A	15	11	18,031	5,360