CNR Options History — April 2025

In April 2025, CNR traded between $63.42 and $77.28. ATM implied volatility averaged 62.1%, placing in the 35.4% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded below realized volatility by 6.3% (HV 20d: 68.4%). Max pain ranged from $70.00 to $75.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2025-04-22: Highest Volume — 1,192 contracts
  • 2025-04-04: Largest IV spike — 71.6% change
  • 2025-04-07: Highest IV Rank — 52.1%
  • 2025-04-04: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.99$63.42$77.28$77.28$71.34
Max Pain$70.71$70.00$75.00$75.00$70.00
ATM IV62.1%43.7%89.9%45.3%68.1%
Expected Move17.5%13.2%22.2%13.2%19.5%
HV 20d68.4%53.1%75.7%53.1%75.7%
HV 60d155.8%59.0%284.8%282.0%60.7%
IV Rank35.4%24.4%52.1%25.3%39.0%
IV Percentile69.8%29.0%94.8%34.5%83.7%
Term Structure-4.4%-16.9%6.2%2.7%-16.9%
VWIV54.2%26.5%73.3%26.5%45.9%
Skew 25d10.3%-4.7%37.4%0.2%37.4%
Skew 10d9.7%-11.3%31.0%-4.0%23.0%
Call IV 25d51.0%29.0%64.8%41.1%29.0%
Put IV 25d61.4%41.2%82.0%41.4%66.4%
Bid-Ask Spread %87.9282.85100.1285.50100.12
Gamma HHI0.130.120.150.140.14
Net GEX921.7K440.6K1.3M1.1M1.0M
Net DEX-17.4M-26.3M-1.4M-26.3M-16.5M
Net VEX-351.2K-411.4K-283.1K-411.4K-331.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.033.610.370.25
Total Volume259.429401,1928540
Total OI25,780.04824,97826,47124,97826,471

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$77.28$75.0045.3%13.2%53.1%25.3%26.5%0.2%2.7%1.1M-26.3M-411.4K0.3785.50N/AN/A622320,0804,898
2025-04-02$74.50$75.0043.7%14.2%55.0%24.4%47.1%-4.7%0.1%964.5K-20.4M-384.8K0.5088.22N/AN/A582920,1324,901
2025-04-03$66.81$75.0049.8%17.1%66.6%28.1%50.6%-3.1%-6.7%562.5K-4.9M-297.0K0.6485.45N/AN/A1489420,1504,908
2025-04-04$63.42$70.0085.5%22.2%68.2%49.5%73.3%22.5%-7.8%440.6K-1.4M-283.1K3.6188.64N/AN/A21979120,2204,979
2025-04-07$64.27$70.0089.9%20.5%63.5%52.1%57.6%23.9%-7.0%491.1K-4.8M-286.3K0.2291.49N/AN/A2285120,2454,935
2025-04-08$67.95$70.0086.8%20.4%61.6%50.2%71.3%9.1%-6.6%646.5K-13.1M-341.5K0.2190.52N/AN/A66014120,3684,937
2025-04-09$71.22$70.0065.5%18.8%58.9%37.5%63.1%18.1%-8.7%784.3K-16.1M-362.3K0.2384.80N/AN/A1042420,8954,924
2025-04-10$66.80$70.0073.6%21.1%62.6%42.3%54.0%-0.6%-9.8%621.9K-9.3M-315.7K0.8585.46N/AN/A615220,9464,920
2025-04-11$73.50$70.0065.8%18.9%71.6%37.7%62.2%21.1%-4.3%903.3K-20.5M-377.6K1.1682.85N/AN/A708120,9664,943
2025-04-14$73.36$70.0064.3%18.4%71.3%36.7%64.0%4.1%-10.5%881.4K-18.5M-358.8K1.2584.09N/AN/A243021,0084,991
2025-04-15$73.72$70.0061.5%17.6%70.7%35.1%54.4%8.9%-10.8%930.5K-20.7M-373.0K1.2489.24N/AN/A344221,0125,009
2025-04-16$72.44$70.0065.3%18.7%70.9%37.3%56.7%22.8%-9.7%849.8K-19.8M-367.4K1.1885.31N/AN/A394621,0265,011
2025-04-17$75.84$70.0052.8%15.1%72.7%29.9%49.9%9.4%0.5%1.1M-24.5M-382.1K0.0583.91N/AN/A5793121,0504,932
2025-04-21$72.96$70.0052.4%15.0%74.1%29.6%52.8%5.6%6.2%943.6K-17.8M-350.8K0.2788.23N/AN/A631720,6124,644
2025-04-22$74.35$70.0055.3%15.9%74.2%31.4%56.4%-4.2%5.9%983.9K-19.4M-350.6K0.0388.89N/AN/A1,1533920,6464,648
2025-04-23$73.45$70.0050.7%14.5%73.2%28.6%36.0%14.9%-2.3%1.2M-21.5M-362.8K0.6497.26N/AN/A966121,6134,684
2025-04-24$75.06$70.0060.0%17.2%73.6%34.2%54.6%-1.1%-0.5%1.3M-23.7M-368.3K1.4187.95N/AN/A344821,6554,742
2025-04-25$73.46$70.0056.5%16.2%73.6%32.1%52.4%12.6%-3.4%1.1M-19.3M-338.7K0.5188.25N/AN/A392021,6704,734
2025-04-28$74.56$70.0056.6%16.2%73.1%32.1%54.3%10.3%-0.3%1.3M-24.2M-374.6K1.3484.84N/AN/A324321,6824,741
2025-04-29$75.48$70.0055.2%15.8%73.2%31.3%55.3%9.3%-2.5%1.3M-23.6M-357.9K0.5685.36N/AN/A271521,7004,753
2025-04-30$71.34$70.0068.1%19.5%75.7%39.0%45.9%37.4%-16.9%1.0M-16.5M-331.6K0.25100.12N/AN/A32821,7114,760