CNR Options History — March 2026

In March 2026, CNR traded between $86.58 and $110.19. ATM implied volatility averaged 55.6%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 2.4% (HV 20d: 53.3%). Max pain ranged from $85.00 to $105.00. Net GEX was positive for 18 of 18 trading days. Term structure was in contango for 11 of 18 days. Put/call ratio averaged 0.81.

Notable Days

  • 2026-03-19: Highest Volume — 3,654 contracts
  • 2026-03-06: Largest IV drop — 11.5% change
  • 2026-03-20: Highest IV Rank — 45.1%
  • 2026-03-20: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.44$86.58$110.19$86.76$103.10
Max Pain$91.39$85.00$105.00$85.00$105.00
ATM IV55.6%51.0%61.0%55.2%60.4%
Expected Move15.8%14.1%17.9%15.8%17.3%
HV 20d53.3%48.6%63.3%49.2%63.3%
HV 60d45.1%42.2%49.4%42.4%49.4%
IV Rank34.9%26.1%45.1%34.2%44.0%
IV Percentile76.5%58.7%91.7%77.0%90.5%
Term Structure0.7%-5.2%5.2%-5.2%3.3%
VWIV54.9%49.5%62.0%50.3%59.8%
Skew 25d1.5%-6.6%9.8%6.2%2.6%
Skew 10d2.0%-19.0%17.6%9.4%-18.2%
Call IV 25d53.9%48.7%64.3%48.7%58.5%
Put IV 25d55.4%48.5%61.5%54.9%61.1%
Bid-Ask Spread %54.5321.4391.1982.8028.30
Gamma HHI0.160.120.210.210.13
Net GEX892.3K310.2K1.4M358.2K1.1M
Net DEX-62.6M-105.8M-20.5M-20.5M-86.6M
Net VEX-466.7K-519.9K-435.8K-435.8K-519.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.044.020.190.79
Total Volume1,085.4441883,6542052,327
Total OI24,711.66722,59627,44122,59626,878

Daily Data (18 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$86.76$85.0055.2%15.8%49.2%34.2%50.3%6.2%-5.2%358.2K-20.5M-435.8K0.1982.80N/AN/A1723313,2619,335
2026-03-03$91.82$85.0055.4%15.9%50.8%34.4%57.4%-0.2%-1.4%659.3K-38.3M-452.8K0.9991.19N/AN/A27627413,4019,348
2026-03-04$93.28$85.0052.8%15.2%51.0%29.6%50.5%0.1%0.1%752.9K-45.2M-450.6K0.2987.49N/AN/A37711113,4219,476
2026-03-05$88.72$90.0057.6%15.5%54.2%38.6%54.4%0.9%0.6%434.2K-28.6M-447.7K4.0277.94N/AN/A2611,05013,4939,551
2026-03-06$86.58$90.0051.0%14.5%52.8%26.1%51.6%-2.7%0.9%310.2K-23.1M-446.9K1.0077.09N/AN/A14114113,53010,210
2026-03-09$90.29$90.0055.0%14.1%48.8%33.6%54.0%3.7%3.6%472.8K-31.9M-450.5K1.2180.51N/AN/A44053213,49410,326
2026-03-10$91.13$90.0053.6%15.4%48.6%31.1%54.3%5.6%-2.3%532.6K-34.7M-453.5K0.3877.06N/AN/A1365213,80010,838
2026-03-11$95.48$90.0053.5%15.3%49.9%30.8%49.5%-0.4%-2.4%739.4K-46.1M-457.8K0.1681.46N/AN/A2093313,83810,873
2026-03-12$99.85$90.0052.5%15.6%52.1%29.0%53.1%4.9%3.5%1.0M-61.1M-457.6K0.2135.30N/AN/A93919314,02010,874
2026-03-13$98.47$90.0055.9%16.1%51.3%35.3%53.7%3.8%-0.5%1.0M-58.4M-470.6K0.1131.07N/AN/A1912114,76810,828
2026-03-18$101.41$90.0055.0%16.3%52.0%33.7%53.4%9.8%-4.5%1.2M-70.9M-455.0K0.1640.53N/AN/A4056414,84510,875
2026-03-19$107.62$90.0058.7%16.3%52.1%40.7%62.0%-4.3%3.0%1.4M-97.3M-452.9K0.0540.01N/AN/A3,46818615,33510,920
2026-03-20$105.65$95.0061.0%17.9%53.1%45.1%61.0%1.2%-0.7%1.2M-93.7M-457.7K3.1933.73N/AN/A6151,96016,46310,978
2026-03-23$102.80$95.0056.7%16.3%54.6%36.9%54.9%-1.1%2.4%878.2K-73.8M-446.9K0.0438.51N/AN/A2,91211913,9038,715
2026-03-24$110.19$95.0052.5%14.7%58.0%28.9%53.2%1.8%4.4%1.2M-105.8M-516.8K0.0533.63N/AN/A7233816,5568,804
2026-03-26$108.67$95.0054.9%15.7%58.4%33.5%56.3%1.2%5.2%1.3M-105.1M-508.8K0.2123.54N/AN/A1753716,9928,830
2026-03-30$110.02$95.0059.4%17.0%58.4%42.1%59.6%-6.6%3.1%1.4M-105.8M-518.4K1.4321.43N/AN/A38154617,1588,873
2026-03-31$103.10$105.0060.4%17.3%63.3%44.0%59.8%2.6%3.3%1.1M-86.6M-519.9K0.7928.30N/AN/A1,3021,02517,4999,379