CNR Options History — October 2025

In October 2025, CNR traded between $76.32 and $100.48. ATM implied volatility averaged 56.6%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 5.5% (HV 20d: 51.1%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.05.

Notable Days

2025-10-08: Highest Volume — 3,894 contracts
2025-10-27: Largest IV spike — 15.0% change
2025-10-27: Highest IV Rank — 44.6%
2025-10-27: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$88.52	$76.32	$100.48	$86.23	$78.88
Max Pain	$80.00	$80.00	$80.00	$80.00	$80.00
ATM IV	56.6%	44.6%	63.9%	46.6%	63.8%
Expected Move	16.0%	12.8%	18.3%	13.4%	18.3%
HV 20d	51.1%	41.4%	62.2%	45.6%	55.6%
HV 60d	47.6%	46.2%	49.4%	47.2%	46.8%
IV Rank	37.5%	25.0%	44.6%	26.2%	44.5%
IV Percentile	74.0%	33.7%	85.3%	47.2%	84.9%
Term Structure	-2.9%	-14.8%	5.2%	4.8%	-8.4%
VWIV	55.9%	46.6%	65.0%	47.0%	58.9%
Skew 25d	2.7%	-7.3%	9.0%	3.2%	4.4%
Skew 10d	4.2%	-25.2%	27.8%	17.1%	-12.5%
Call IV 25d	55.2%	44.8%	65.4%	44.8%	63.3%
Put IV 25d	58.0%	42.7%	71.9%	47.9%	67.7%
Bid-Ask Spread %	72.54	50.29	84.88	76.67	84.88
Gamma HHI	0.15	0.13	0.16	0.15	0.14
Net GEX	3.8M	2.3M	5.2M	3.9M	2.5M
Net DEX	-143.2M	-240.2M	-59.0M	-124.2M	-66.1M
Net VEX	-644.5K	-735.3K	-496.0K	-667.5K	-513.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.05	0.05	15.23	0.20	15.23
Total Volume	814.217	138	3,894	709	1,136
Total OI	44,800.739	42,780	47,223	44,644	44,062

Daily Data (23 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
2025-10-01	$86.23	$80.00	46.6%	13.4%	45.6%	26.2%	47.0%	3.2%	4.8%	3.9M	-124.2M	-667.5K	0.20	76.67	N/A	N/A	589	120	37,654	6,990
2025-10-02	$85.63	$80.00	44.6%	12.8%	45.8%	25.0%	46.6%	-0.5%	5.2%	3.8M	-121.8M	-668.1K	0.43	75.78	N/A	N/A	311	133	37,793	6,995
2025-10-03	$89.19	$80.00	48.9%	14.0%	43.3%	27.5%	46.7%	-7.3%	-1.3%	4.2M	-149.4M	-697.8K	0.39	69.35	N/A	N/A	1,332	516	37,896	7,107
2025-10-06	$88.81	$80.00	52.5%	14.6%	41.4%	29.7%	50.6%	2.6%	-0.2%	4.2M	-144.3M	-676.4K	0.11	62.04	N/A	N/A	829	94	37,862	6,948
2025-10-07	$93.66	$80.00	55.5%	15.1%	43.7%	31.5%	52.6%	2.7%	-2.4%	4.4M	-174.5M	-694.5K	0.14	64.71	N/A	N/A	1,487	207	37,494	7,001
2025-10-08	$97.90	$80.00	59.8%	15.9%	44.9%	34.1%	55.1%	0.0%	-2.9%	4.7M	-214.7M	-735.3K	0.05	58.73	N/A	N/A	3,706	188	38,317	6,907
2025-10-09	$97.70	$80.00	54.3%	15.4%	44.6%	37.5%	54.1%	2.6%	-2.1%	4.7M	-219.6M	-720.0K	0.21	50.29	N/A	N/A	1,506	309	39,455	7,021
2025-10-10	$96.66	$80.00	57.9%	16.0%	45.4%	40.2%	56.2%	2.8%	-0.5%	4.7M	-213.9M	-718.0K	0.28	63.21	N/A	N/A	878	247	39,819	7,001
2025-10-13	$100.48	$80.00	54.8%	15.1%	42.9%	37.9%	51.9%	6.8%	-3.1%	4.8M	-240.2M	-700.4K	0.47	62.01	N/A	N/A	453	211	39,685	6,878
2025-10-14	$100.16	$80.00	56.8%	15.9%	43.1%	39.4%	57.0%	-0.0%	-3.3%	4.9M	-236.3M	-721.3K	0.08	74.91	N/A	N/A	1,052	81	39,453	7,019
2025-10-15	$92.81	$80.00	58.1%	16.6%	53.4%	40.3%	57.1%	0.5%	-4.6%	4.9M	-174.1M	-686.8K	0.28	71.04	N/A	N/A	332	93	40,113	7,054
2025-10-16	$92.22	$80.00	59.2%	17.0%	53.6%	41.2%	59.0%	-1.4%	-2.3%	5.2M	-176.2M	-703.2K	0.14	75.84	N/A	N/A	409	57	40,137	7,074
2025-10-17	$89.52	$80.00	56.8%	16.3%	55.0%	39.4%	56.9%	1.5%	0.5%	4.2M	-153.8M	-684.3K	0.43	79.08	N/A	N/A	224	96	40,134	7,089
2025-10-20	$92.52	$80.00	54.7%	15.7%	54.7%	37.8%	57.2%	2.5%	-3.3%	3.8M	-154.8M	-657.9K	0.36	62.81	N/A	N/A	151	54	36,751	6,029
2025-10-21	$85.73	$80.00	57.6%	16.5%	62.2%	39.9%	59.3%	5.3%	-4.0%	3.4M	-117.3M	-635.5K	0.40	72.11	N/A	N/A	147	59	36,787	6,057
2025-10-22	$84.28	$80.00	58.3%	16.7%	57.7%	40.5%	61.1%	2.8%	1.4%	3.1M	-102.2M	-607.5K	1.26	76.46	N/A	N/A	171	216	36,790	6,099
2025-10-23	$82.98	$80.00	58.6%	16.8%	57.9%	40.7%	57.5%	7.6%	-3.0%	3.1M	-106.3M	-612.1K	0.46	78.80	N/A	N/A	109	50	36,885	6,276
2025-10-24	$83.72	$80.00	55.6%	15.9%	58.0%	38.5%	57.3%	5.2%	-3.2%	3.1M	-100.7M	-592.4K	0.22	78.38	N/A	N/A	276	60	36,921	6,364
2025-10-27	$82.11	$80.00	63.9%	18.3%	57.6%	44.6%	60.7%	1.8%	-12.6%	3.0M	-90.6M	-561.1K	0.97	84.73	N/A	N/A	92	89	37,080	6,397
2025-10-28	$79.91	$80.00	63.4%	18.2%	57.6%	44.2%	58.8%	5.1%	-14.8%	2.8M	-79.4M	-537.4K	0.38	81.00	N/A	N/A	100	38	37,155	6,458
2025-10-29	$78.63	$80.00	59.2%	17.0%	55.6%	41.1%	65.0%	9.0%	-2.2%	2.6M	-73.8M	-538.1K	0.58	82.17	N/A	N/A	132	76	37,159	6,488
2025-10-30	$76.32	$80.00	60.7%	17.4%	56.3%	42.2%	59.8%	5.0%	-4.8%	2.3M	-59.0M	-496.0K	1.10	83.36	N/A	N/A	148	163	37,211	6,552
2025-10-31	$78.88	$80.00	63.8%	18.3%	55.6%	44.5%	58.9%	4.4%	-8.4%	2.5M	-66.1M	-513.0K	15.23	84.88	N/A	N/A	70	1,066	37,291	6,771