CNR Options History — January 2026

In January 2026, CNR traded between $88.00 and $100.88. ATM implied volatility averaged 49.0%, placing in the 36.6% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 14.1% (HV 20d: 34.9%). Max pain ranged from $85.00 to $95.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.93.

Notable Days

  • 2026-01-28: Highest Volume — 1,106 contracts
  • 2026-01-05: Largest IV spike — 22.6% change
  • 2026-01-13: Highest IV Rank — 57.0%
  • 2026-01-08: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.76$88.00$100.88$89.50$95.08
Max Pain$89.00$85.00$95.00$85.00$95.00
ATM IV49.0%40.0%54.8%40.0%54.8%
Expected Move14.1%11.5%15.8%11.5%15.7%
HV 20d34.9%28.0%37.7%34.6%37.4%
HV 60d51.4%48.9%54.4%54.4%48.9%
IV Rank36.6%17.1%57.0%27.1%33.3%
IV Percentile54.0%3.6%78.6%3.6%78.6%
Term Structure-1.2%-6.6%9.1%9.1%-1.7%
VWIV48.3%39.7%55.4%39.7%55.4%
Skew 25d5.6%-1.3%13.5%4.9%2.2%
Skew 10d13.7%-6.5%39.3%-3.3%24.4%
Call IV 25d45.1%38.6%55.7%38.8%55.7%
Put IV 25d50.7%43.7%57.9%43.7%57.9%
Bid-Ask Spread %84.7974.4699.2293.2986.07
Gamma HHI0.310.250.410.410.29
Net GEX1.2M1.0M1.5M1.1M1.1M
Net DEX-80.5M-93.3M-60.4M-62.4M-77.8M
Net VEX-478.3K-507.0K-452.6K-459.6K-507.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.053.511.200.42
Total Volume313.1451,1067761
Total OI20,384.619,17521,91519,17521,915

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$89.50$85.0040.0%11.5%34.6%27.1%39.7%4.9%9.1%1.1M-62.4M-459.6K1.2093.29N/AN/A354214,5994,576
2026-01-05$88.00$85.0049.0%13.3%35.4%33.7%45.9%5.1%0.2%1.0M-60.4M-452.6K3.5187.76N/AN/A9533314,6264,613
2026-01-06$91.52$85.0052.5%14.8%37.7%36.2%49.3%3.9%-4.4%1.1M-69.3M-463.3K0.2781.14N/AN/A2376314,6994,625
2026-01-07$91.38$90.0052.0%14.3%36.4%56.0%47.3%7.5%-0.2%1.2M-67.6M-468.6K0.2588.79N/AN/A1333314,9424,657
2026-01-08$94.07$85.0048.4%15.8%37.2%51.9%52.5%7.5%-5.9%1.2M-73.5M-471.2K0.0580.36N/AN/A154715,0144,686
2026-01-09$96.37$85.0046.2%14.4%37.5%49.4%50.2%3.2%-6.6%1.3M-83.7M-468.5K0.1376.88N/AN/A7379615,0864,689
2026-01-12$97.85$85.0051.0%14.7%36.4%54.9%52.2%6.0%-3.9%1.4M-88.7M-473.1K0.4874.48N/AN/A1477115,4314,702
2026-01-13$96.42$85.0052.9%13.7%35.8%57.0%47.5%0.8%1.1%1.4M-85.2M-472.4K0.1082.65N/AN/A4854915,5034,762
2026-01-14$97.93$85.0047.2%13.5%36.0%50.5%47.5%4.2%-0.2%1.5M-88.9M-480.2K0.9375.31N/AN/A989115,8264,808
2026-01-15$99.25$85.0045.7%13.1%33.2%48.7%44.2%13.5%-1.9%1.5M-91.4M-485.1K0.7787.57N/AN/A15111615,8644,853
2026-01-16$97.53$85.0043.1%12.4%34.5%46.1%47.7%9.4%1.0%1.2M-89.2M-483.2K0.9574.46N/AN/A14413715,9984,934
2026-01-20$95.97$85.0048.9%14.0%28.0%22.1%47.2%3.0%-1.3%1.2M-80.9M-475.1K0.9879.76N/AN/A838115,4924,680
2026-01-21$100.88$90.0050.3%14.4%31.1%24.8%48.3%8.9%-3.0%1.2M-92.1M-481.4K0.2480.31N/AN/A2365715,5664,729
2026-01-22$100.55$95.0046.3%13.3%31.3%17.1%45.4%4.1%0.6%1.3M-93.3M-482.0K0.2088.94N/AN/A3797615,7184,770
2026-01-23$99.72$95.0047.1%13.5%31.5%18.7%47.2%7.3%-1.4%1.3M-90.8M-493.1K0.4985.40N/AN/A1899215,9694,834
2026-01-26$96.31$95.0050.8%14.6%34.6%25.8%48.3%-1.3%-5.3%1.2M-82.2M-481.6K2.8986.08N/AN/A3811015,9064,911
2026-01-27$97.48$95.0047.5%13.6%34.3%19.4%49.6%2.6%1.5%1.2M-83.5M-484.5K2.4693.33N/AN/A133215,9315,022
2026-01-28$93.75$95.0053.7%15.4%37.5%31.2%49.0%12.1%-5.3%1.1M-73.2M-481.8K1.6599.22N/AN/A41768915,9345,048
2026-01-29$95.57$95.0052.4%15.0%37.7%28.9%50.8%7.4%3.3%1.1M-75.1M-502.4K0.5594.04N/AN/A1659016,0605,714
2026-01-30$95.08$95.0054.8%15.7%37.4%33.3%55.4%2.2%-1.7%1.1M-77.8M-507.0K0.4286.07N/AN/A431816,1855,730