CORN Options History — April 2024

In April 2024, CORN traded between $19.43 and $20.16. ATM implied volatility averaged 20.7%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 3.2% (HV 20d: 17.5%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2024-04-19: Highest Volume — 953 contracts
  • 2024-04-09: Largest IV drop — 8.9% change
  • 2024-04-02: Highest IV Rank — 25.4%
  • 2024-04-29: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.89$19.43$20.16$20.08$19.94
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV20.7%18.7%22.3%21.3%21.0%
Expected Move5.9%5.4%6.4%6.1%6.0%
HV 20d17.5%13.7%19.7%17.9%13.7%
HV 60d15.5%15.0%16.1%15.2%15.8%
IV Rank17.7%9.0%25.4%22.3%18.1%
IV Percentile50.9%23.0%67.9%59.1%52.0%
Term Structure1.2%-1.4%4.3%-0.1%0.8%
VWIV21.2%18.4%26.2%20.0%21.4%
Skew 25d-1.7%-7.0%3.0%2.5%-1.2%
Skew 10d-2.1%-12.4%11.8%8.8%7.8%
Call IV 25d21.9%17.4%24.5%20.5%23.2%
Put IV 25d20.2%15.5%23.0%22.9%22.0%
Bid-Ask Spread %107.0286.68117.70117.70113.94
Gamma HHI0.460.360.650.360.43
Net GEX457.8K309.5K744.5K319.1K744.5K
Net DEX-5.0M-8.0M-3.2M-4.2M-7.3M
Net VEX-21.3K-30.1K-16.7K-17.7K-28.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.002.680.100.05
Total Volume342.54531953160276
Total OI8,799.7276,96411,6246,96411,624

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$20.08$19.0021.3%6.1%17.9%22.3%20.0%2.5%-0.1%319.1K-4.2M-17.7K0.10117.70N/AN/A146146,003961
2024-04-02$19.77$19.0022.1%6.3%18.4%25.4%22.6%-1.1%-1.0%309.5K-3.5M-16.7K0.14111.28N/AN/A7571076,109886
2024-04-03$19.91$19.0020.8%6.0%18.1%20.6%20.7%-6.7%0.1%379.7K-4.4M-20.0K0.09116.76N/AN/A6666,810988
2024-04-04$19.98$19.0020.8%5.9%18.0%20.2%21.7%-2.6%2.1%389.3K-4.7M-20.4K0.39106.21N/AN/A137536,854993
2024-04-05$19.89$19.0019.9%5.9%16.8%16.8%20.8%-1.9%1.9%384.7K-4.4M-20.1K0.1486.68N/AN/A187266,8911,045
2024-04-08$19.95$19.0021.6%5.6%16.8%23.3%20.0%-2.1%4.3%400.5K-4.4M-19.1K2.68109.16N/AN/A912446,8691,056
2024-04-09$19.75$19.0019.7%5.7%17.1%14.5%20.8%-2.4%3.1%385.8K-3.8M-18.6K0.10106.67N/AN/A115116,9271,061
2024-04-10$19.85$19.0020.6%5.9%17.2%16.4%20.9%0.0%0.8%387.7K-4.2M-19.0K0.24107.62N/AN/A59146,8821,067
2024-04-11$19.66$19.0019.5%5.6%17.5%12.2%18.4%-0.4%3.0%367.5K-3.5M-18.4K0.55100.86N/AN/A20116,9121,080
2024-04-12$19.94$19.0021.1%6.1%17.7%18.6%21.9%-1.9%0.9%395.9K-4.4M-19.0K0.08106.57N/AN/A158126,9191,081
2024-04-15$19.80$19.0021.0%6.0%17.6%18.1%19.4%-1.1%2.7%383.1K-4.1M-18.5K0.9295.84N/AN/A90836,9941,092
2024-04-16$19.71$19.0020.1%5.8%17.7%14.4%22.5%-2.4%3.0%377.6K-3.7M-17.7K0.00106.44N/AN/A8707,0201,127
2024-04-17$19.66$19.0020.2%5.8%17.5%15.0%20.2%-2.3%1.8%366.8K-3.5M-16.9K0.02117.22N/AN/A672146,9971,126
2024-04-18$19.43$19.0018.7%5.4%17.9%9.0%19.9%0.6%2.4%387.5K-3.2M-19.0K0.05114.19N/AN/A393217,6441,120
2024-04-19$19.72$19.0020.0%5.7%18.7%14.1%23.2%-1.7%1.8%402.2K-4.2M-21.0K0.00101.76N/AN/A95218,0041,134
2024-04-22$20.04$19.0020.1%5.8%19.6%14.4%19.7%-7.0%0.7%518.9K-5.5M-21.7K0.04107.54N/AN/A410157,871937
2024-04-23$20.16$19.0021.0%6.0%19.7%18.1%22.1%-1.3%0.0%516.8K-6.0M-22.9K0.01115.44N/AN/A45948,209937
2024-04-24$20.00$19.0021.1%6.0%19.3%18.3%20.6%-2.4%-0.5%570.1K-6.4M-27.0K0.03100.27N/AN/A678199,372940
2024-04-25$20.16$19.0021.7%6.2%18.9%20.8%26.2%-4.8%-0.5%662.8K-7.6M-28.3K0.0296.31N/AN/A819189,949951
2024-04-26$20.06$19.0020.6%5.9%14.9%16.5%21.7%-1.3%0.7%714.5K-7.9M-29.2K0.02108.34N/AN/A107210,577961
2024-04-29$20.02$19.0022.3%6.4%14.7%23.3%22.3%3.0%-1.4%706.6K-8.0M-30.1K0.02107.74N/AN/A178410,651963
2024-04-30$19.94$19.0021.0%6.0%13.7%18.1%21.4%-1.2%0.8%744.5K-7.3M-28.0K0.05113.94N/AN/A2641210,659965