CORN Options History — October 2020

In October 2020, CORN traded between $13.15 and $13.82. ATM implied volatility averaged 18.1%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 2.9% (HV 20d: 15.2%). Max pain ranged from $13.00 to $13.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.15.

Notable Days

  • 2020-10-09: Highest Volume — 2,292 contracts
  • 2020-10-05: Largest IV spike — 43.3% change
  • 2020-10-06: Highest IV Rank — 28.1%
  • 2020-10-15: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.47$13.15$13.82$13.23$13.34
Max Pain$13.00$13.00$13.00$13.00$13.00
ATM IV18.1%13.4%23.9%20.2%17.5%
Expected Move5.4%4.2%6.5%5.8%5.0%
HV 20d15.2%13.2%16.8%16.6%14.1%
HV 60d15.3%14.6%17.3%17.3%15.4%
IV Rank17.9%9.7%28.1%21.5%16.9%
IV Percentile32.6%11.1%54.4%40.9%31.7%
Term Structure6.0%-1.3%40.9%1.2%1.0%
VWIV18.6%14.8%21.9%21.3%21.9%
Skew 25d-6.0%-11.7%-0.9%-6.0%-7.9%
Skew 10d-10.0%-14.1%0.8%-9.2%-3.9%
Call IV 25d22.0%16.4%26.5%26.5%22.2%
Put IV 25d16.1%11.3%20.5%20.5%14.3%
Bid-Ask Spread %32.9813.2477.1945.3025.07
Gamma HHI0.280.250.330.250.28
Net GEX458.3K342.1K613.0K342.1K419.9K
Net DEX-18.9M-22.1M-14.5M-15.9M-15.9M
Net VEX-101.8K-119.0K-88.5K-119.0K-94.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.010.530.040.01
Total Volume912.4092482,292936425
Total OI54,931.63651,56757,93656,51152,862

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$13.23$13.0020.2%5.8%16.6%21.5%21.3%-6.0%1.2%342.1K-15.9M-119.0K0.0445.30N/AN/A8964032,98223,529
2020-10-02$13.15$13.0014.5%4.2%16.4%11.6%14.8%-0.9%6.6%388.6K-15.4M-117.2K0.5339.22N/AN/A27914733,08123,501
2020-10-05$13.18$13.0020.8%5.6%16.2%22.5%21.8%-7.3%4.0%375.6K-15.5M-115.1K0.1328.27N/AN/A1,00113033,15423,463
2020-10-06$13.27$13.0023.9%5.8%16.1%28.1%18.3%-7.2%3.4%391.1K-17.3M-114.6K0.1737.12N/AN/A94015633,74423,559
2020-10-07$13.38$13.0013.6%5.5%16.1%10.1%19.9%-6.2%2.5%461.8K-20.0M-111.4K0.0940.90N/AN/A1,14710533,96323,632
2020-10-08$13.31$13.0015.7%5.5%16.0%13.7%20.0%-5.4%3.5%422.6K-17.9M-111.0K0.3728.51N/AN/A67424733,80723,726
2020-10-09$13.47$13.0015.4%5.5%16.2%13.2%17.9%-2.9%2.4%464.6K-21.0M-109.6K0.0438.78N/AN/A2,1959734,07823,750
2020-10-12$13.32$13.0013.4%5.3%16.8%9.7%16.9%-4.0%2.7%395.1K-18.7M-106.4K0.0141.37N/AN/A874734,21323,723
2020-10-13$13.39$13.0015.3%4.8%16.6%13.0%18.3%-4.0%2.8%384.8K-19.1M-105.1K0.0813.24N/AN/A2291933,88723,717
2020-10-14$13.43$13.0017.8%5.1%16.4%17.4%17.7%-4.7%0.5%417.2K-19.1M-104.7K0.0614.10N/AN/A6613833,84123,722
2020-10-15$13.57$13.0022.7%6.5%16.7%25.8%18.9%-6.7%30.7%483.3K-21.1M-101.1K0.0613.50N/AN/A7604933,81923,725
2020-10-16$13.57$13.0020.2%5.8%16.3%21.5%17.7%-5.3%1.0%479.9K-21.2M-99.5K0.2316.61N/AN/A74517533,96223,758
2020-10-19$13.64$13.0020.1%5.8%14.4%21.4%18.9%-11.3%3.8%454.1K-19.8M-97.8K0.5140.83N/AN/A52527031,56320,004
2020-10-20$13.73$13.0019.7%5.6%14.3%20.7%19.6%-2.8%1.5%527.9K-20.5M-97.5K0.2843.58N/AN/A69519631,60520,203
2020-10-21$13.81$13.0019.1%5.5%14.2%19.7%18.8%-10.2%-0.9%553.0K-22.1M-93.5K0.0714.30N/AN/A1,3329531,57520,238
2020-10-22$13.81$13.0018.6%5.3%13.2%18.9%18.8%-9.7%5.6%580.3K-21.6M-91.6K0.1531.51N/AN/A5017331,46020,272
2020-10-23$13.82$13.0018.0%5.1%13.2%17.7%15.2%-7.0%5.5%613.0K-21.8M-88.9K0.0539.89N/AN/A2891531,46620,309
2020-10-26$13.73$13.0020.2%5.8%13.7%21.5%19.7%-11.7%9.5%543.7K-21.3M-89.9K0.1940.98N/AN/A65812231,58920,320
2020-10-27$13.68$13.0017.1%4.9%13.7%16.2%17.1%-3.6%5.1%592.0K-20.8M-88.5K0.0414.76N/AN/A1,0243831,70920,423
2020-10-28$13.33$13.0017.7%5.1%14.2%17.2%18.6%-3.4%40.9%413.7K-15.0M-91.6K0.0477.19N/AN/A1,2885331,66420,434
2020-10-29$13.23$13.0016.8%4.8%14.0%15.6%16.9%-3.3%-1.3%377.8K-14.5M-91.0K0.2440.51N/AN/A69616732,03120,433
2020-10-30$13.34$13.0017.5%5.0%14.1%16.9%21.9%-7.9%1.0%419.9K-15.9M-94.7K0.0125.07N/AN/A419632,42520,437