CORN Options History — November 2022

In November 2022, CORN traded between $26.24 and $27.73. ATM implied volatility averaged 20.0%, placing in the 9.9% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 7.6% (HV 20d: 12.4%). Max pain ranged from $26.00 to $27.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.76.

Notable Days

  • 2022-11-03: Highest Volume — 3,858 contracts
  • 2022-11-02: Largest IV drop — 11.2% change
  • 2022-11-01: Highest IV Rank — 14.1%
  • 2022-11-01: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.69$26.24$27.73$27.73$26.44
Max Pain$26.90$26.00$27.00$26.00$27.00
ATM IV20.0%18.5%22.5%22.5%18.6%
Expected Move5.8%5.3%6.5%6.5%5.3%
HV 20d12.4%11.3%13.2%12.2%11.4%
HV 60d16.5%13.6%18.6%18.3%13.6%
IV Rank9.9%7.3%14.1%14.1%7.5%
IV Percentile3.5%0.8%13.9%11.1%2.0%
Term Structure0.9%-0.7%2.1%0.9%0.7%
VWIV20.7%18.5%23.9%23.9%18.8%
Skew 25d-1.0%-2.2%0.1%-1.6%-0.5%
Skew 10d-2.5%-8.1%2.8%-2.3%0.5%
Call IV 25d21.2%17.6%24.1%24.1%17.6%
Put IV 25d20.1%17.1%22.4%22.4%17.1%
Bid-Ask Spread %55.0719.9794.9725.0494.97
Gamma HHI0.210.200.260.230.22
Net GEX405.5K120.2K688.4K688.4K213.1K
Net DEX-10.0M-16.2M-6.1M-16.2M-9.2M
Net VEX-84.5K-97.7K-69.7K-97.7K-69.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.760.253.420.741.66
Total Volume2,197.191363,8583,156545
Total OI34,213.8129,00738,25834,83629,336

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$27.73$26.0022.5%6.5%12.2%14.1%23.9%-1.6%0.9%688.4K-16.2M-97.7K0.7425.04N/AN/A1,8161,34023,85810,978
2022-11-02$27.37$26.0020.0%5.7%13.2%9.8%21.3%-2.2%0.5%662.4K-14.7M-93.8K0.6934.20N/AN/A1,9071,32424,12010,961
2022-11-03$27.19$27.0020.1%6.2%13.1%10.0%21.7%-1.8%1.7%603.8K-13.0M-92.2K0.5869.02N/AN/A2,4481,41024,11510,928
2022-11-04$27.26$27.0020.3%6.2%12.7%10.4%21.5%-0.1%-0.7%621.6K-13.4M-90.9K1.7863.16N/AN/A7681,36924,76011,072
2022-11-07$27.11$27.0020.3%6.1%11.3%10.3%21.2%-1.6%-0.3%560.4K-12.4M-88.0K2.0923.35N/AN/A7141,49224,76911,217
2022-11-08$26.85$27.0021.5%6.2%11.5%12.4%21.4%-1.4%0.9%464.4K-10.7M-88.7K1.6519.97N/AN/A8741,44324,89711,238
2022-11-09$26.58$27.0021.2%6.1%11.8%11.9%21.2%0.1%1.2%373.3K-8.8M-85.7K3.0232.80N/AN/A8072,44124,91911,181
2022-11-10$26.24$27.0020.8%6.0%12.1%11.2%22.1%-1.7%1.3%120.2K-6.1M-88.6K0.9882.60N/AN/A1,7811,74724,93711,950
2022-11-11$26.41$27.0020.6%5.9%12.3%10.9%21.0%-0.9%1.7%380.9K-8.2M-92.4K0.8438.25N/AN/A1,6631,40225,93011,882
2022-11-14$26.24$27.0020.4%5.9%11.9%10.6%21.3%-1.0%1.3%280.8K-7.0M-86.5K1.9651.47N/AN/A7531,47826,29511,901
2022-11-15$26.60$27.0022.4%6.4%13.2%13.9%22.0%-1.7%0.3%553.4K-9.7M-87.9K1.5381.55N/AN/A9921,51326,38711,794
2022-11-16$26.56$27.0020.6%5.9%13.1%10.8%21.0%-0.4%0.6%515.2K-9.2M-86.6K1.7181.17N/AN/A7881,34726,40811,850
2022-11-17$26.58$27.0019.7%5.6%12.5%9.3%20.0%-1.0%2.0%525.7K-9.7M-87.3K1.3990.91N/AN/A9781,35826,37511,739
2022-11-18$26.55$27.0018.6%5.3%12.5%7.5%19.3%-1.2%2.1%303.0K-9.0M-82.9K1.8259.11N/AN/A7971,45126,16111,752
2022-11-21$26.35$27.0018.6%5.3%12.7%7.5%19.6%-0.1%1.6%234.1K-7.6M-79.5K2.8156.10N/AN/A5611,57420,3518,910
2022-11-22$26.25$27.0018.6%5.3%12.5%7.6%20.1%-1.0%1.3%184.1K-7.5M-76.5K2.7153.45N/AN/A6001,62820,3818,758
2022-11-23$26.43$27.0018.5%5.3%12.9%7.3%20.4%-1.4%1.0%243.4K-8.3M-76.4K3.4252.92N/AN/A4801,64320,5118,739
2022-11-25$26.59$27.0019.6%5.6%13.1%9.2%19.9%-1.0%-0.1%319.1K-10.2M-78.2K0.2544.74N/AN/A1092720,5008,507
2022-11-28$26.63$27.0018.6%5.3%13.1%7.5%18.5%-0.4%1.4%328.0K-10.0M-72.6K3.1240.87N/AN/A4213120,5788,461
2022-11-29$26.62$27.0019.1%5.5%12.1%8.5%18.7%-1.1%0.1%340.9K-10.0M-72.4K2.2660.77N/AN/A18441620,5808,504
2022-11-30$26.44$27.0018.6%5.3%11.4%7.5%18.8%-0.5%0.7%213.1K-9.2M-69.7K1.6694.97N/AN/A20534020,5828,754