CORN Options History — June 2021

In June 2021, CORN traded between $19.21 and $22.45. ATM implied volatility averaged 42.8%, placing in the 58.3% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 0.6% (HV 20d: 43.4%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.30.

Notable Days

  • 2021-06-17: Highest Volume — 5,742 contracts
  • 2021-06-25: Largest IV spike — 10.8% change
  • 2021-06-18: Highest IV Rank — 63.4%
  • 2021-06-18: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.87$19.21$22.45$21.10$21.39
Max Pain$19.18$18.00$20.00$18.00$19.00
ATM IV42.8%38.7%45.6%40.5%45.2%
Expected Move12.4%11.4%13.1%11.6%13.0%
HV 20d43.4%35.7%49.9%44.7%49.9%
HV 60d37.6%34.6%41.5%34.6%41.5%
IV Rank58.3%50.7%63.4%54.0%62.7%
IV Percentile95.1%89.3%98.4%93.7%96.4%
Term Structure-2.4%-8.3%1.5%0.3%0.0%
VWIV43.4%40.3%48.9%40.5%48.9%
Skew 25d-3.1%-7.3%-0.1%-2.0%-1.8%
Skew 10d-5.9%-29.5%12.3%-4.2%-29.5%
Call IV 25d45.9%42.3%52.1%43.1%52.1%
Put IV 25d42.8%39.0%50.3%41.2%50.3%
Bid-Ask Spread %37.1720.1190.2026.7990.20
Gamma HHI0.130.110.150.130.12
Net GEX648.5K414.4K805.7K675.6K737.9K
Net DEX-31.1M-42.8M-18.8M-34.7M-33.8M
Net VEX-121.3K-128.2K-113.5K-128.2K-117.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.050.640.180.28
Total Volume1,973.6365265,7422,1602,801
Total OI38,158.95535,76741,32137,61738,738

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$21.10$18.0040.5%11.6%44.7%54.0%40.5%-2.0%0.3%675.6K-34.7M-128.2K0.1826.79N/AN/A1,82633429,0528,565
2021-06-02$20.95$18.0041.3%11.8%43.4%55.5%40.5%-3.2%0.0%658.0K-33.5M-126.4K0.2722.84N/AN/A59216029,3418,755
2021-06-03$20.71$18.0041.0%11.4%42.4%54.8%41.5%-5.9%1.5%640.3K-32.0M-126.1K0.2951.92N/AN/A40811829,3288,792
2021-06-04$21.43$18.0038.7%13.0%42.8%50.7%45.0%-7.0%-3.6%692.1K-36.2M-124.1K0.0551.17N/AN/A1,6017929,3738,791
2021-06-07$21.86$18.0041.7%12.1%43.3%56.1%43.0%-4.9%-2.3%741.4K-40.2M-124.2K0.1466.38N/AN/A1,53321129,9518,813
2021-06-08$22.19$18.0039.9%12.7%41.9%52.9%40.3%-3.3%-3.8%785.8K-42.4M-124.2K0.1136.57N/AN/A1,94220730,2998,941
2021-06-09$22.20$19.0044.0%12.6%41.7%60.5%43.9%-4.6%-3.0%782.7K-42.3M-125.9K0.2226.51N/AN/A1,27327730,4638,964
2021-06-10$22.45$19.0043.5%12.5%40.7%59.4%41.8%-2.8%-3.3%805.7K-42.8M-123.9K0.4633.46N/AN/A1,16254030,0209,098
2021-06-11$22.24$20.0042.9%12.3%35.7%58.4%41.6%-2.2%-3.0%795.9K-40.1M-124.9K0.4333.28N/AN/A1,15949629,7179,452
2021-06-14$21.32$20.0043.1%12.4%37.1%58.8%43.7%-0.5%-2.5%719.8K-33.6M-123.0K0.1224.59N/AN/A2,68533429,4039,655
2021-06-15$21.07$20.0042.4%12.2%37.5%57.5%43.6%-3.8%-2.7%665.7K-30.3M-118.8K0.3632.52N/AN/A1,14140928,8539,809
2021-06-16$20.97$20.0043.9%12.6%37.3%60.3%41.1%-0.1%-6.6%684.0K-30.5M-118.3K0.6439.41N/AN/A36423229,27110,125
2021-06-17$19.61$20.0042.8%12.3%44.6%58.2%44.6%-3.5%-0.7%414.4K-21.1M-116.8K0.2549.55N/AN/A4,6051,13729,45610,116
2021-06-18$20.59$20.0045.6%13.1%47.9%63.4%45.5%-1.3%-2.8%552.4K-28.6M-125.0K0.2135.83N/AN/A2,96761931,30810,013
2021-06-21$20.47$20.0045.4%13.0%47.7%63.0%45.0%-2.6%-4.1%563.1K-26.4M-121.3K0.2942.13N/AN/A1,02029127,1608,607
2021-06-22$19.88$20.0042.2%12.1%48.8%57.1%42.8%-1.8%0.2%548.9K-23.2M-120.0K0.3227.56N/AN/A1,03233127,4458,644
2021-06-23$19.75$20.0042.4%12.2%46.8%57.5%44.0%-7.3%-1.5%540.5K-22.4M-118.5K0.4121.58N/AN/A1,16747727,3488,726
2021-06-24$19.77$20.0040.8%11.7%46.8%54.5%46.1%-3.7%0.9%534.3K-21.8M-117.0K0.2923.54N/AN/A1,44441827,3128,792
2021-06-25$19.21$19.0045.2%13.0%43.4%62.7%43.2%-2.5%-8.3%507.6K-18.8M-113.5K0.5834.93N/AN/A83548627,5848,875
2021-06-28$20.05$19.0044.3%12.7%46.2%61.1%42.4%-2.1%-2.0%589.7K-23.7M-113.5K0.1526.79N/AN/A2,12531727,7658,639
2021-06-29$20.04$19.0045.5%13.1%43.8%63.3%45.4%-0.5%-4.5%631.8K-25.4M-116.4K0.5020.11N/AN/A1,51075529,3088,830
2021-06-30$21.39$19.0045.2%13.0%49.9%62.7%48.9%-1.8%0.0%737.9K-33.8M-117.7K0.2890.20N/AN/A2,19260929,7089,030