CNR Options History — February 2026

In February 2026, CNR traded between $82.35 and $94.12. ATM implied volatility averaged 54.3%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 8.6% (HV 20d: 45.7%). Max pain ranged from $85.00 to $95.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 4.42.

Notable Days

  • 2026-02-06: Highest Volume — 10,478 contracts
  • 2026-02-11: Largest IV drop — 18.0% change
  • 2026-02-09: Highest IV Rank — 52.1%
  • 2026-02-03: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.98$82.35$94.12$90.46$82.35
Max Pain$86.58$85.00$95.00$95.00$85.00
ATM IV54.3%48.6%64.7%57.7%51.4%
Expected Move15.1%13.9%17.4%16.5%14.8%
HV 20d45.7%38.5%50.1%41.5%44.5%
HV 60d42.0%40.4%47.3%47.3%41.2%
IV Rank32.3%21.5%52.1%38.8%26.9%
IV Percentile70.5%49.6%95.2%85.3%62.7%
Term Structure0.7%-8.8%7.7%-3.8%-2.2%
VWIV52.8%46.8%59.5%58.5%51.6%
Skew 25d1.2%-8.3%8.1%-8.3%5.7%
Skew 10d7.5%-6.3%33.8%20.6%-1.6%
Call IV 25d52.7%44.6%65.7%65.7%46.6%
Put IV 25d53.9%47.3%60.1%57.4%52.3%
Bid-Ask Spread %80.0874.0992.4890.7686.11
Gamma HHI0.230.160.320.310.21
Net GEX569.6K-56.1K1.0M1.0M391.0K
Net DEX-35.0M-65.0M-15.2M-65.0M-15.2M
Net VEX-420.5K-529.0K-376.3K-490.1K-419.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.420.0343.570.9816.57
Total Volume1,069.6328610,478107650
Total OI21,352.94719,03323,70621,94121,960

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$90.46$95.0057.7%16.5%41.5%38.8%58.5%-8.3%-3.8%1.0M-65.0M-490.1K0.9890.76N/AN/A545316,2055,736
2026-02-03$90.36$95.0060.6%17.4%41.0%44.4%59.0%-4.9%-8.8%979.0K-64.4M-489.6K0.6989.62N/AN/A513516,2045,777
2026-02-04$90.28$95.0057.8%16.6%38.5%39.0%59.5%-7.7%-4.1%953.3K-63.0M-488.3K43.5792.48N/AN/A301,30716,2335,807
2026-02-05$86.54$85.0061.7%16.1%41.3%46.5%55.2%4.1%7.1%763.4K-51.6M-497.0K1.0780.10N/AN/A50153816,2377,107
2026-02-06$92.75$85.0057.5%15.7%47.4%38.4%54.7%8.1%7.7%909.5K-63.7M-529.0K0.0377.24N/AN/A10,18329516,0847,622
2026-02-09$94.12$85.0064.7%14.3%46.8%52.1%51.6%7.7%4.6%682.2K-38.7M-383.6K0.8580.78N/AN/A857211,3937,640
2026-02-10$91.05$85.0064.1%16.0%47.7%51.0%53.7%-3.0%2.3%558.2K-32.4M-378.4K0.9276.89N/AN/A787211,4557,648
2026-02-11$92.01$85.0052.6%15.1%47.8%29.1%56.3%4.9%2.2%611.4K-33.6M-383.6K0.5374.09N/AN/A1507911,4957,713
2026-02-12$89.64$85.0051.3%14.7%48.0%26.6%52.0%-0.8%0.2%570.7K-26.8M-378.2K0.1879.17N/AN/A78414012,9438,223
2026-02-13$90.78$85.0048.6%13.9%48.0%21.6%49.9%-0.9%2.1%673.5K-32.2M-395.5K0.3076.85N/AN/A1163513,5548,239
2026-02-17$87.02$85.0049.4%14.2%49.6%23.1%49.7%2.9%1.3%311.5K-21.4M-378.8K0.2477.30N/AN/A3458313,5948,262
2026-02-18$88.47$85.0050.5%14.5%50.1%25.1%51.1%3.4%5.2%-56.1K-23.5M-376.3K1.8675.47N/AN/A11120713,5148,257
2026-02-19$89.45$85.0048.6%13.9%46.3%21.5%49.4%-0.4%-0.1%224.2K-28.1M-381.1K14.2377.06N/AN/A731,03913,5618,413
2026-02-20$87.79$85.0049.0%14.0%46.5%22.2%51.6%5.0%1.9%444.4K-21.4M-403.4K1.4674.82N/AN/A7611113,5999,387
2026-02-23$87.30$85.0052.0%14.9%46.5%27.9%52.6%2.4%0.8%424.5K-20.7M-394.8K0.0676.47N/AN/A6953911,3798,521
2026-02-24$88.55$85.0052.7%15.1%45.8%29.3%50.2%-0.1%1.1%509.4K-24.8M-410.1K0.2775.04N/AN/A1283411,9038,551
2026-02-25$86.62$85.0051.9%14.9%45.8%27.7%46.8%3.6%-4.0%457.9K-21.4M-400.7K0.0478.79N/AN/A1,0134511,9208,541
2026-02-26$85.08$85.0049.3%14.1%44.4%22.9%49.4%0.8%0.6%387.1K-17.5M-411.8K0.2082.44N/AN/A84916712,4438,586
2026-02-27$82.35$85.0051.4%14.8%44.5%26.9%51.6%5.7%-2.2%391.0K-15.2M-419.2K16.5786.11N/AN/A3761313,2348,726