CNR Options History — November 2019

In November 2019, CNR traded between $6.07 and $7.33. ATM implied volatility averaged 62.6%. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 1.1% (HV 20d: 61.4%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 6.97.

Notable Days

  • 2019-11-04: Highest Volume — 678 contracts
  • 2019-11-05: Largest IV spike — 69.0% change
  • 2019-11-01: Largest Expected Move — 23.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.81$6.07$7.33$6.67$6.90
Max Pain$4.38$2.50$7.50$7.50$5.00
ATM IV62.6%40.9%132.4%82.5%55.5%
Expected Move14.7%10.4%23.7%23.7%15.9%
HV 20d61.4%40.9%69.6%40.9%69.6%
HV 60d59.2%53.3%69.7%69.7%53.7%
Term Structure1.0%-24.4%11.8%-24.4%-3.8%
VWIV51.4%41.8%83.6%83.6%50.8%
Skew 25d6.7%-4.1%13.6%6.6%3.2%
Skew 10d24.4%-5.4%79.2%10.5%9.8%
Call IV 25d52.0%35.8%60.5%60.5%43.9%
Put IV 25d58.7%43.4%67.2%67.1%47.0%
Bid-Ask Spread %48.7625.3287.6656.6754.56
Gamma HHI0.890.760.950.770.93
Net GEX46.4K26.0K67.0K33.4K53.5K
Net DEX-1.1M-1.5M-605.9K-1.1M-1.1M
Net VEX-2.7K-3.5K-2.0K-3.1K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.970.0036.360.0013.33
Total Volume201.30678119400
Total OI5,273.354,3665,7274,3665,062

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$6.67$7.5082.5%23.7%40.9%0.0%83.6%6.6%-24.4%33.4K-1.1M-3.1K0.0056.67N/AN/A11904,176190
2019-11-04$6.82$2.5078.3%18.4%41.1%0.0%64.0%8.2%-4.4%35.8K-1.2M-3.2K0.0048.52N/AN/A67804,260190
2019-11-05$6.84$2.50132.4%18.5%41.1%0.0%45.8%8.0%-1.0%44.5K-1.4M-3.5K0.0157.61N/AN/A17324,920190
2019-11-06$6.07$2.5067.5%16.7%59.7%0.0%56.3%7.4%2.7%26.0K-605.9K-2.0K0.0242.55N/AN/A18444,988192
2019-11-07$6.35$2.5070.0%12.4%61.9%0.0%54.6%5.8%5.1%30.2K-697.3K-2.1K0.0780.05N/AN/A2725,161193
2019-11-08$6.62$2.5060.7%14.4%63.2%0.0%0.0%8.8%4.3%38.9K-970.3K-2.8K20.0055.17N/AN/A1205,159193
2019-11-11$6.77$2.5071.7%13.7%61.2%0.0%47.1%8.9%2.5%44.0K-1.0M-2.8K36.3650.35N/AN/A114005,159179
2019-11-12$6.58$5.00111.0%10.4%62.1%0.0%43.2%6.5%11.8%39.0K-834.0K-2.3K0.0061.14N/AN/A8205,148579
2019-11-13$6.43$5.0040.9%11.7%61.7%0.0%41.8%7.5%3.9%33.5K-779.7K-2.3K0.0058.31N/AN/A0325,148579
2019-11-14$6.47$5.0048.0%13.8%61.7%0.0%0.0%9.0%7.8%34.2K-782.6K-2.2K0.0029.01N/AN/A005,148576
2019-11-15$6.90$5.0044.1%12.6%65.7%0.0%44.3%8.0%8.5%51.7K-1.1M-2.7K0.0528.46N/AN/A4325,148576
2019-11-18$6.90$5.0049.4%14.2%65.7%0.0%49.4%8.6%-0.7%47.8K-1.1M-2.6K16.0427.95N/AN/A254014,383545
2019-11-19$6.88$5.0048.2%13.8%65.7%0.0%48.2%13.6%1.8%49.6K-1.1M-2.6K5.0025.32N/AN/A8404,399945
2019-11-20$7.27$5.0047.0%13.5%66.9%0.0%47.0%-1.9%2.5%61.7K-1.4M-2.9K0.0028.22N/AN/A2304,399945
2019-11-21$7.07$5.0047.7%13.7%67.9%0.0%0.0%3.3%4.9%57.4K-1.2M-2.9K0.0052.16N/AN/A504,411985
2019-11-22$6.95$5.0047.0%13.5%66.7%0.0%47.2%-4.1%0.5%54.5K-1.1M-2.7K17.3829.00N/AN/A213654,416984
2019-11-25$7.33$5.0047.8%13.7%68.4%0.0%47.8%10.7%-1.5%67.0K-1.5M-2.9K3.2347.96N/AN/A1244004,388627
2019-11-26$7.19$5.0051.2%14.7%69.0%0.0%0.0%7.6%-2.3%62.7K-1.4M-2.8K0.0087.66N/AN/A044,4361,027
2019-11-27$7.12$5.0050.8%14.6%68.6%0.0%50.8%7.8%1.7%61.7K-1.3M-2.6K13.3354.46N/AN/A304004,4361,027
2019-11-29$6.90$5.0055.5%15.9%69.6%0.0%0.0%3.2%-3.8%53.5K-1.1M-2.3K0.0054.56N/AN/A04004,435627