CRS Options History — April 2024

In April 2024, CRS traded between $71.03 and $86.15. ATM implied volatility averaged 43.5%, placing in the 62.1% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 6.7% (HV 20d: 36.7%). Max pain ranged from $62.50 to $77.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2024-04-26: Highest Volume — 6,218 contracts
  • 2024-04-04: Largest IV spike — 22.5% change
  • 2024-04-30: Highest IV Rank — 80.0%
  • 2024-04-30: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.63$71.03$86.15$72.09$86.15
Max Pain$73.07$62.50$77.50$62.50$77.50
ATM IV43.5%34.2%48.1%34.2%48.1%
Expected Move12.5%9.8%13.8%9.8%13.8%
HV 20d36.7%33.6%38.9%35.0%38.5%
HV 60d38.3%35.9%40.5%37.7%36.1%
IV Rank62.1%25.9%80.0%25.9%80.0%
IV Percentile74.2%4.8%96.4%4.8%96.4%
Term Structure-2.1%-6.5%3.5%3.5%-6.5%
VWIV44.0%33.7%49.0%33.7%48.3%
Skew 25d3.3%2.4%4.5%3.1%2.7%
Skew 10d7.8%5.9%10.1%6.4%7.3%
Call IV 25d42.2%33.1%46.1%33.1%46.1%
Put IV 25d45.5%36.2%48.9%36.2%48.7%
Bid-Ask Spread %41.8626.6354.7532.2853.22
Gamma HHI0.210.120.400.400.13
Net GEX511.1K-131.8K1.0M653.6K219.1K
Net DEX-14.8M-24.7M-6.0M-8.2M-14.5M
Net VEX-63.2K-152.8K-32.1K-32.7K-150.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.053.790.170.67
Total Volume850.409786,2185971,577
Total OI7,636.6823,83613,9893,83613,989

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$72.09$62.5034.2%9.8%35.0%25.9%33.7%3.1%3.5%653.6K-8.2M-32.7K0.1732.28N/AN/A512852,5741,262
2024-04-02$71.03$62.5035.7%10.2%35.2%31.8%34.4%3.4%2.9%675.7K-7.1M-33.5K0.2138.31N/AN/A85182,7561,300
2024-04-03$72.81$65.0035.5%10.2%33.6%30.9%36.8%3.1%3.5%733.4K-9.3M-33.9K0.1438.42N/AN/A153222,7811,305
2024-04-04$77.39$65.0043.5%12.7%37.9%62.1%44.6%3.7%-1.1%543.8K-14.7M-32.1K1.0040.22N/AN/A1,1861,1902,8261,309
2024-04-05$78.01$67.5041.0%12.0%34.9%52.6%41.6%3.0%-0.9%630.2K-17.6M-43.1K0.1139.10N/AN/A904983,7932,366
2024-04-08$80.54$70.0041.7%12.2%35.7%55.3%41.9%3.1%-1.9%581.1K-21.7M-46.5K0.2041.95N/AN/A356724,2472,413
2024-04-09$80.21$70.0041.4%12.0%35.3%54.0%42.1%2.9%-1.1%600.5K-21.3M-48.6K0.7640.41N/AN/A2972264,3072,476
2024-04-10$77.00$75.0042.8%12.3%35.9%59.6%43.2%3.8%-1.7%775.7K-16.7M-52.4K0.0542.78N/AN/A880414,4542,644
2024-04-11$78.75$75.0042.5%12.2%36.2%58.4%41.5%2.5%-1.3%791.6K-21.4M-58.3K0.6845.82N/AN/A136935,2412,655
2024-04-12$77.84$75.0044.1%12.6%34.7%64.6%44.1%3.6%-1.7%868.8K-19.5M-59.8K0.6042.84N/AN/A100605,3622,715
2024-04-15$75.60$75.0045.8%13.1%36.5%71.0%47.5%4.0%-2.3%1.0M-15.8M-56.5K2.3041.76N/AN/A1142625,3692,746
2024-04-16$77.22$75.0045.7%13.1%36.8%70.6%44.2%4.5%-2.9%899.5K-19.0M-57.0K1.9346.94N/AN/A691335,3782,947
2024-04-17$78.05$75.0044.7%12.8%35.5%66.9%44.3%4.1%-2.5%733.2K-20.8M-56.2K0.8845.05N/AN/A80705,4183,030
2024-04-18$80.24$75.0046.1%13.2%36.2%72.4%47.1%3.0%-2.6%523.2K-24.7M-57.2K2.6846.85N/AN/A6811,8245,4293,059
2024-04-19$77.87$77.5046.7%13.4%38.6%74.5%49.0%3.2%-3.0%-131.8K-18.4M-71.7K1.4842.86N/AN/A1001485,9204,761
2024-04-22$78.93$77.5046.8%13.4%38.4%75.1%48.2%2.9%-4.3%99.3K-6.0M-69.1K1.1134.02N/AN/A37413,8893,490
2024-04-23$80.49$77.5046.7%13.4%38.6%74.5%47.0%2.9%-4.4%163.7K-8.3M-69.0K0.3127.43N/AN/A113353,9113,519
2024-04-24$80.35$77.5046.2%13.2%38.6%72.8%46.4%3.3%-4.2%186.5K-7.9M-69.6K0.8226.63N/AN/A68563,9743,528
2024-04-25$81.58$77.5046.2%13.2%38.6%72.7%46.9%3.0%-4.4%230.8K-10.2M-70.1K0.1245.60N/AN/A89114,0263,571
2024-04-26$83.81$77.5044.6%12.8%38.9%66.3%46.6%3.6%-3.9%332.3K-12.9M-69.2K2.4053.80N/AN/A1,8304,3884,0313,580
2024-04-29$83.91$77.5046.6%13.4%38.9%74.4%48.2%2.4%-5.5%99.8K-9.7M-152.8K3.7954.75N/AN/A983715,7217,935
2024-04-30$86.15$77.5048.1%13.8%38.5%80.0%48.3%2.7%-6.5%219.1K-14.5M-150.9K0.6753.22N/AN/A9466315,7528,237