CRS Options History — April 2019

In April 2019, CRS traded between $47.23 and $51.06. ATM implied volatility averaged 32.9%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 0.3% (HV 20d: 32.6%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 2.35.

Notable Days

  • 2019-04-24: Highest Volume — 416 contracts
  • 2019-04-25: Largest IV drop — 15.9% change
  • 2019-04-24: Highest IV Rank — 34.3%
  • 2019-04-24: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.71$47.23$51.06$47.23$49.50
Max Pain$45.48$40.00$50.00$40.00$50.00
ATM IV32.9%26.7%38.3%32.0%30.9%
Expected Move9.9%8.5%11.0%10.3%8.9%
HV 20d32.6%24.0%38.2%38.0%24.0%
HV 60d32.0%29.3%35.6%35.6%29.5%
IV Rank20.9%5.3%34.3%18.5%15.8%
IV Percentile42.4%8.7%70.2%36.1%32.1%
Term Structure-1.7%-5.0%5.3%4.4%-0.2%
VWIV35.8%29.8%39.7%39.2%35.9%
Skew 25d4.7%3.0%11.4%3.0%11.4%
Skew 10d10.8%2.3%18.4%2.3%18.4%
Call IV 25d31.9%24.0%36.8%29.3%24.0%
Put IV 25d36.7%31.6%41.0%32.3%35.4%
Bid-Ask Spread %74.1355.1689.0870.2569.95
Gamma HHI0.470.300.720.330.38
Net GEX88.9K-14.7K258.3K-14.7K75.0K
Net DEX-2.3M-3.5M-980.1K-980.1K-2.9M
Net VEX-6.9K-8.5K-5.5K-5.7K-8.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.350.198.435.584.19
Total Volume181.0486241679140
Total OI1,571.6191,0862,0151,0862,015

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$47.23$40.0032.0%10.3%38.0%18.5%39.2%3.0%4.4%-14.7K-980.1K-5.7K5.5870.25N/AN/A1267523563
2019-04-02$47.75$40.0027.4%9.5%38.2%7.2%38.0%3.9%5.3%-10.6K-1.1M-5.7K3.4471.01N/AN/A2793520597
2019-04-03$48.10$45.0028.3%9.4%35.8%9.4%34.9%4.0%-1.0%-6.0K-1.2M-5.5K0.6367.97N/AN/A211133525605
2019-04-04$49.15$45.0026.7%9.3%35.4%5.3%33.3%4.3%-0.5%53.0K-1.7M-6.0K0.8469.28N/AN/A10084680653
2019-04-05$51.06$45.0028.4%9.7%36.8%9.6%32.0%4.0%-2.1%78.7K-2.5M-6.0K0.3670.72N/AN/A19972749658
2019-04-08$50.02$45.0031.0%10.0%37.6%16.1%35.0%4.0%-2.2%93.4K-2.2M-6.8K3.5768.17N/AN/A28100893662
2019-04-09$49.51$45.0030.7%10.0%37.8%15.3%35.1%4.8%-2.1%93.4K-2.1M-7.3K1.5569.47N/AN/A3859916714
2019-04-10$49.66$45.0035.2%10.1%37.7%26.6%35.4%4.2%-2.8%105.4K-2.2M-7.2K1.5271.22N/AN/A4670918708
2019-04-11$49.60$45.0034.9%10.0%36.5%25.8%35.0%4.5%-2.5%111.3K-2.1M-7.0K2.0572.46N/AN/A4184919705
2019-04-12$49.88$45.0035.4%10.1%36.5%27.0%35.7%4.5%-3.0%131.1K-2.2M-6.8K2.0574.60N/AN/A4184921705
2019-04-15$49.53$45.0036.6%10.5%36.6%29.9%39.6%4.5%-3.4%138.6K-2.1M-6.6K5.2073.88N/AN/A1052921702
2019-04-16$49.87$45.0035.4%10.2%35.9%27.1%38.9%4.3%-2.8%161.4K-2.3M-6.7K5.2075.44N/AN/A1052931754
2019-04-17$50.75$45.0036.2%10.4%36.1%28.9%35.3%4.7%-3.7%179.4K-2.7M-6.4K0.5279.03N/AN/A10354931754
2019-04-18$50.47$45.0035.5%10.2%36.2%27.2%38.0%4.3%-2.5%258.3K-2.9M-6.7K0.8380.34N/AN/A1261041,015755
2019-04-22$49.64$45.0037.8%10.8%24.0%33.0%39.7%4.4%-4.9%45.1K-1.7M-6.6K8.4379.41N/AN/A759793576
2019-04-23$50.69$45.0037.9%10.9%24.4%33.2%37.9%5.1%-5.0%54.3K-1.9M-6.8K0.1979.98N/AN/A32761795629
2019-04-24$50.52$45.0038.3%11.0%24.7%34.3%39.4%4.2%-4.9%75.8K-3.3M-8.0K0.3082.08N/AN/A319971,118631
2019-04-25$50.43$50.0032.2%9.2%24.2%19.1%32.2%3.8%-0.4%68.9K-3.1M-8.0K0.1987.14N/AN/A267521,121686
2019-04-26$49.95$50.0029.8%8.5%24.8%12.9%29.8%5.7%0.3%75.0K-3.0M-8.0K0.2489.08N/AN/A225551,162682
2019-04-29$50.51$50.0031.2%9.0%24.1%16.6%31.6%6.3%-1.1%101.1K-3.5M-7.8K2.4455.16N/AN/A27661,217682
2019-04-30$49.50$50.0030.9%8.9%24.0%15.8%35.9%11.4%-0.2%75.0K-2.9M-8.5K4.1969.95N/AN/A271131,237778