CORN Options History — October 2022

In October 2022, CORN traded between $27.10 and $27.87. ATM implied volatility averaged 24.1%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 10.0% (HV 20d: 14.1%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.30.

Notable Days

  • 2022-10-10: Highest Volume — 4,199 contracts
  • 2022-10-31: Largest IV spike — 15.1% change
  • 2022-10-11: Highest IV Rank — 25.0%
  • 2022-10-10: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.37$27.10$27.87$27.13$27.44
Max Pain$26.00$25.00$27.00$27.00$26.00
ATM IV24.1%20.0%29.1%27.0%23.1%
Expected Move6.9%5.7%8.1%7.7%6.6%
HV 20d14.1%10.9%17.7%17.7%11.8%
HV 60d20.8%18.1%25.1%25.1%18.3%
IV Rank16.7%9.9%25.0%21.5%15.0%
IV Percentile20.6%1.6%45.2%36.9%15.5%
Term Structure1.0%-0.5%2.9%1.6%-0.5%
VWIV24.3%19.8%28.3%27.3%23.3%
Skew 25d-0.7%-1.7%1.1%-0.0%-0.8%
Skew 10d-2.7%-12.0%0.9%-1.6%-6.3%
Call IV 25d25.0%20.9%29.6%27.3%23.5%
Put IV 25d24.3%19.9%27.9%27.3%22.7%
Bid-Ask Spread %33.2010.1769.2357.2913.60
Gamma HHI0.200.180.230.190.22
Net GEX654.1K497.9K827.8K624.0K597.3K
Net DEX-14.5M-18.2M-11.7M-13.7M-14.8M
Net VEX-110.0K-122.7K-97.2K-121.3K-99.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.300.703.361.110.70
Total Volume3,056.812,5144,1992,8363,352
Total OI34,963.47633,49136,73933,49134,699

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$27.13$27.0027.0%7.7%17.7%21.5%27.3%-0.0%1.6%624.0K-13.7M-121.3K1.1157.29N/AN/A1,3471,48923,44910,042
2022-10-04$27.24$27.0026.2%7.5%16.6%20.2%26.1%-1.4%1.5%694.8K-15.2M-122.7K1.2549.96N/AN/A1,1901,48423,99010,140
2022-10-05$27.31$27.0025.6%7.3%16.3%19.3%25.4%0.2%1.2%710.0K-15.0M-119.4K1.2069.23N/AN/A1,2151,45823,81110,148
2022-10-06$27.12$25.0026.1%7.7%16.5%20.1%26.9%-0.5%1.3%670.0K-13.7M-117.2K1.4311.34N/AN/A1,1161,60124,02410,123
2022-10-07$27.37$25.0025.4%7.5%15.2%19.0%26.3%-0.4%0.4%722.1K-15.0M-116.7K1.1244.79N/AN/A1,3871,55624,03110,391
2022-10-10$27.82$25.0028.8%8.1%15.7%24.6%28.3%-1.7%-0.2%827.8K-18.2M-119.4K0.9032.83N/AN/A2,2051,99424,01610,345
2022-10-11$27.65$26.0029.1%7.9%15.9%25.0%27.5%-1.6%1.6%757.8K-17.2M-117.1K1.3555.28N/AN/A1,0701,44424,35210,555
2022-10-12$27.72$26.0026.0%7.4%15.8%19.8%26.2%-1.1%1.6%780.7K-16.4M-115.2K3.3617.85N/AN/A8782,94924,18310,683
2022-10-13$27.87$26.0024.2%6.9%14.3%16.8%24.3%-0.6%0.9%797.1K-17.0M-114.9K2.4536.37N/AN/A9122,23324,16511,668
2022-10-14$27.62$26.0024.0%6.9%14.7%16.6%19.8%-0.9%1.3%774.3K-15.5M-110.2K1.6111.09N/AN/A1,1901,91424,30011,613
2022-10-17$27.31$26.0023.2%6.7%15.4%15.3%24.3%-0.7%0.8%661.9K-13.4M-107.4K1.8611.48N/AN/A1,0251,90524,63611,682
2022-10-18$27.24$26.0023.1%6.6%13.7%15.0%23.4%-0.3%1.4%662.0K-12.7M-107.1K1.5943.75N/AN/A9881,57024,59011,563
2022-10-19$27.10$26.0022.0%6.3%13.6%13.2%23.1%-1.1%2.9%537.8K-11.7M-105.5K1.7726.11N/AN/A9221,63424,54811,599
2022-10-20$27.36$26.0022.6%6.5%14.0%14.2%23.7%-1.2%1.1%685.0K-13.2M-104.8K0.8313.24N/AN/A1,6981,40724,43411,493
2022-10-21$27.29$26.0022.3%6.4%11.9%13.7%23.2%-1.1%0.8%557.7K-14.7M-106.3K0.7217.38N/AN/A2,0191,46025,23711,502
2022-10-24$27.21$26.0022.9%6.6%11.3%14.7%23.5%-0.8%0.2%497.9K-13.3M-104.0K0.7056.12N/AN/A2,0541,43523,60110,769
2022-10-25$27.33$26.0022.2%6.4%11.4%13.5%22.5%-0.1%0.7%553.4K-14.2M-102.7K0.8010.17N/AN/A1,6251,30623,71610,731
2022-10-26$27.32$26.0021.3%6.1%11.3%12.0%22.8%1.1%0.9%565.9K-14.1M-101.9K0.9342.17N/AN/A1,5171,41523,71610,685
2022-10-27$27.20$26.0020.9%6.0%11.4%11.3%21.8%-0.5%1.2%536.6K-13.2M-98.6K0.7152.06N/AN/A1,8561,32323,67110,788
2022-10-28$27.10$26.0020.0%5.7%10.9%9.9%20.5%-0.9%0.7%523.2K-12.8M-97.2K0.8525.11N/AN/A1,6471,40323,72210,822
2022-10-31$27.44$26.0023.1%6.6%11.8%15.0%23.3%-0.8%-0.5%597.3K-14.8M-99.6K0.7013.60N/AN/A1,9681,38423,78610,913