CYD Options History — January 2015

In January 2015, CYD traded between $18.26 and $19.76. ATM implied volatility averaged 30.2%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 5.6% (HV 20d: 24.7%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 2.73.

Notable Days

2015-01-30: Highest Volume — 407 contracts
2015-01-08: Largest IV spike — 42.8% change
2015-01-12: Highest IV Rank — 39.7%
2015-01-07: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.05	$18.26	$19.76	$19.05	$18.29
Max Pain	$17.50	$17.50	$17.50	$17.50	$17.50
ATM IV	30.2%	25.2%	36.3%	27.6%	31.0%
Expected Move	8.5%	7.7%	9.4%	8.1%	8.9%
HV 20d	24.7%	19.0%	27.1%	26.0%	19.6%
HV 60d	21.4%	20.9%	23.1%	23.1%	21.7%
IV Rank	25.8%	14.2%	39.7%	19.7%	27.6%
IV Percentile	37.5%	10.7%	58.7%	29.4%	44.0%
Term Structure	3.5%	-1.4%	9.9%	-1.4%	4.4%
VWIV	30.1%	21.8%	34.1%	26.0%	34.1%
Skew 25d	1.8%	-10.3%	9.2%	0.4%	-6.3%
Skew 10d	8.7%	-5.7%	17.6%	-5.7%	-2.0%
Call IV 25d	29.7%	24.6%	39.1%	29.8%	37.6%
Put IV 25d	31.5%	23.8%	36.1%	30.2%	31.4%
Bid-Ask Spread %	93.11	88.43	100.49	93.78	93.83
Gamma HHI	0.42	0.33	0.63	0.43	0.43
Net GEX	4.4K	592	11.1K	904	2.7K
Net DEX	-100.3K	-302.9K	119.9K	-54.2K	119.9K
Net VEX	-2.2K	-2.4K	-2.0K	-2.1K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.73	0.00	6.80	6.39	2.23
Total Volume	177.9	0	407	229	407
Total OI	1,001.05	909	1,242	920	1,242

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2015-01-02	$19.05	$17.50	27.6%	8.1%	26.0%	19.7%	26.0%	0.4%	-1.4%	904	-54.2K	-2.1K	6.39	93.78	N/A	N/A	31	198	420	500
2015-01-05	$19.21	$17.50	28.9%	8.3%	24.6%	22.7%	29.4%	3.3%	4.3%	1.8K	-112.8K	-2.1K	0.00	91.12	N/A	N/A	27	0	420	489
2015-01-06	$18.97	$17.50	30.5%	8.8%	25.4%	26.4%	0.0%	3.6%	3.6%	983	-73.2K	-2.3K	0.00	90.41	N/A	N/A	9	0	432	489
2015-01-07	$18.98	$17.50	25.2%	9.4%	25.4%	14.2%	0.0%	3.7%	0.7%	1.1K	-72.8K	-2.3K	0.00	92.30	N/A	N/A	0	0	439	489
2015-01-08	$18.91	$17.50	36.0%	8.5%	25.6%	39.2%	29.5%	2.0%	3.8%	1.2K	-50.5K	-2.2K	4.20	91.98	N/A	N/A	46	193	439	500
2015-01-09	$19.52	$17.50	31.9%	8.6%	26.7%	29.6%	30.4%	9.2%	3.5%	592	-180.2K	-2.2K	1.23	91.61	N/A	N/A	154	190	439	505
2015-01-12	$19.44	$17.50	36.3%	8.6%	26.9%	39.7%	30.3%	7.1%	3.7%	8.0K	-226.1K	-2.4K	1.23	91.54	N/A	N/A	154	190	537	506
2015-01-13	$19.76	$17.50	32.6%	8.8%	27.1%	31.2%	30.3%	8.2%	3.8%	8.0K	-302.9K	-2.4K	1.33	92.91	N/A	N/A	132	176	537	506
2015-01-14	$19.62	$17.50	31.0%	8.9%	26.1%	27.6%	31.2%	8.8%	2.7%	4.8K	-231.1K	-2.4K	1.85	95.92	N/A	N/A	95	176	497	522
2015-01-15	$19.38	$17.50	30.9%	8.9%	26.5%	27.4%	30.4%	-1.9%	2.6%	5.0K	-179.3K	-2.3K	1.85	97.90	N/A	N/A	95	176	495	520
2015-01-16	$19.19	$17.50	31.5%	9.0%	27.0%	28.6%	21.8%	-5.1%	2.1%	4.5K	-172.9K	-2.3K	0.00	100.49	N/A	N/A	0	3	495	509
2015-01-20	$19.01	$17.50	30.8%	8.8%	26.6%	27.1%	30.4%	0.8%	3.0%	5.6K	-108.1K	-2.1K	5.00	92.48	N/A	N/A	1	5	489	485
2015-01-21	$18.97	$17.50	32.1%	9.2%	25.4%	30.0%	31.2%	3.6%	0.8%	5.1K	-101.3K	-2.2K	0.00	90.84	N/A	N/A	0	1	490	490
2015-01-22	$19.23	$17.50	29.3%	8.4%	24.8%	23.5%	28.9%	1.4%	3.0%	6.0K	-138.4K	-2.0K	4.90	93.43	N/A	N/A	30	147	490	501
2015-01-23	$18.88	$17.50	29.0%	8.3%	25.2%	23.0%	31.3%	3.4%	3.7%	4.7K	-64.3K	-2.1K	4.80	91.15	N/A	N/A	30	144	490	501
2015-01-26	$18.89	$17.50	26.9%	7.7%	24.0%	18.0%	31.3%	1.3%	4.4%	5.2K	-85.9K	-2.0K	1.00	92.92	N/A	N/A	5	5	490	492
2015-01-27	$18.84	$17.50	27.3%	7.8%	22.1%	19.1%	31.6%	0.3%	2.2%	5.4K	-70.6K	-2.0K	6.80	88.43	N/A	N/A	5	34	495	497
2015-01-28	$18.54	$17.50	28.9%	8.3%	19.0%	22.8%	29.7%	2.4%	9.3%	4.8K	29.5K	-2.1K	1.40	96.09	N/A	N/A	126	176	500	542
2015-01-29	$18.26	$17.50	26.8%	7.7%	19.6%	17.8%	33.7%	-10.3%	9.9%	11.1K	68.5K	-2.0K	2.15	93.00	N/A	N/A	126	271	600	542
2015-01-30	$18.29	$17.50	31.0%	8.9%	19.6%	27.6%	34.1%	-6.3%	4.4%	2.7K	119.9K	-2.2K	2.23	93.83	N/A	N/A	126	281	600	642