CORN Options History — December 2024

In December 2024, CORN traded between $17.79 and $18.77. ATM implied volatility averaged 16.8%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 4.9% (HV 20d: 11.9%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2024-12-20: Highest Volume — 507 contracts
  • 2024-12-05: Largest IV spike — 173.5% change
  • 2024-12-05: Highest IV Rank — 100.0%
  • 2024-12-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.28$17.79$18.77$17.89$18.77
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV16.8%11.8%43.8%13.8%16.9%
Expected Move4.3%3.4%8.3%4.0%4.8%
HV 20d11.9%11.0%12.8%11.8%12.1%
HV 60d12.7%12.0%13.3%12.8%12.4%
IV Rank22.0%6.3%100.0%15.3%21.3%
IV Percentile22.4%1.2%100.0%5.6%21.8%
Term Structure0.5%-4.9%6.7%0.9%-0.0%
VWIV15.5%10.7%19.7%15.4%15.3%
Skew 25d3.4%-8.5%41.7%5.3%-1.1%
Skew 10d8.9%-10.2%53.1%11.0%2.8%
Call IV 25d15.0%9.8%19.1%13.4%14.4%
Put IV 25d18.4%9.2%53.9%18.6%13.4%
Bid-Ask Spread %110.3694.39141.84141.2694.39
Gamma HHI0.340.300.510.320.38
Net GEX267.2K193.5K336.2K230.9K303.7K
Net DEX-2.0M-2.7M-1.2M-1.2M-2.7M
Net VEX-8.1K-9.3K-6.7K-8.3K-8.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.380.140.02
Total Volume147.714450725248
Total OI7,850.9057,2658,0257,8647,832

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$17.89$18.0013.8%4.0%11.8%15.3%0.0%5.3%0.9%230.9K-1.2M-8.3K0.14141.26N/AN/A2237,191673
2024-12-03$17.89$18.0028.8%8.3%11.8%70.5%15.4%17.5%0.4%242.3K-1.3M-8.8K0.04141.84N/AN/A4727,194678
2024-12-04$17.79$18.0016.0%4.6%11.8%23.5%17.3%18.9%-0.5%216.1K-1.2M-8.3K0.33139.55N/AN/A317,209680
2024-12-05$17.98$18.0043.8%4.9%11.4%100.0%12.0%26.8%1.5%244.1K-1.6M-9.0K0.13116.71N/AN/A5477,212678
2024-12-06$18.18$18.0025.6%4.1%12.0%46.9%14.3%4.0%-4.9%268.9K-1.9M-9.1K0.15115.65N/AN/A4067,264669
2024-12-09$18.21$18.0015.1%4.7%11.8%16.1%16.6%7.2%0.3%293.1K-2.0M-8.6K0.00114.71N/AN/A2507,299671
2024-12-10$18.45$18.0013.3%4.2%12.6%10.7%15.8%-2.4%-0.6%336.0K-2.6M-9.3K0.0998.30N/AN/A182177,319671
2024-12-11$18.51$18.0015.4%4.4%12.6%17.1%15.6%-7.7%1.0%336.2K-2.7M-8.9K0.38107.23N/AN/A63247,209675
2024-12-12$18.34$18.0013.0%3.7%12.8%9.8%15.2%-5.2%0.4%291.3K-2.3M-8.1K0.0099.02N/AN/A2107,208665
2024-12-13$18.27$18.0012.2%3.5%11.7%7.7%10.7%-7.1%-1.8%276.2K-2.1M-7.9K0.20112.18N/AN/A517,217665
2024-12-16$18.32$18.0012.9%3.7%11.2%9.5%17.4%-8.5%0.4%278.1K-2.2M-7.9K0.0497.53N/AN/A5227,218666
2024-12-17$18.30$18.0012.0%3.4%11.0%7.0%16.6%-6.6%0.9%270.6K-2.1M-7.4K0.03114.21N/AN/A4017,193668
2024-12-18$18.02$18.0018.8%5.4%12.3%27.0%17.3%41.7%-1.6%255.9K-1.5M-7.0K0.11113.30N/AN/A152167,219669
2024-12-19$18.12$18.0013.3%3.8%12.3%10.9%16.6%-6.1%0.3%318.2K-1.8M-6.9K0.03102.01N/AN/A3917,350675
2024-12-20$18.29$18.0012.1%3.5%12.2%7.3%14.0%-0.8%1.5%193.5K-2.2M-6.7K0.01106.30N/AN/A50347,343675
2024-12-23$18.34$18.0013.7%3.9%12.2%12.0%17.7%-6.0%2.9%200.4K-1.8M-7.1K0.0095.50N/AN/A46426,614651
2024-12-24$18.37$18.0013.5%3.9%11.9%11.3%17.0%-0.5%-1.3%238.0K-2.0M-7.7K0.0298.15N/AN/A450106,961653
2024-12-26$18.60$18.0011.8%3.4%11.6%6.3%19.7%4.4%6.7%272.7K-2.4M-8.1K0.04109.78N/AN/A23597,172645
2024-12-27$18.60$18.0012.8%3.7%11.6%9.3%11.4%0.5%5.0%272.4K-2.4M-8.0K0.07101.17N/AN/A160117,194646
2024-12-30$18.56$18.0017.4%5.0%11.6%22.8%14.6%-3.8%-1.4%273.6K-2.3M-7.9K0.2298.77N/AN/A147337,121657
2024-12-31$18.77$18.0016.9%4.8%12.1%21.3%15.3%-1.1%-0.0%303.7K-2.7M-8.3K0.0294.39N/AN/A24357,169663