CNP (CNP) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $40.54
• Lean: neutral
• Nearest expiry: Fri 8/21
• Implied move: 1.7%
• ATM implied volatility: 32.5%
• Max pain: $40.00
• Pin strike: $42.00
• Gamma flip: $39.23
• Dealer positioning: SHORT GAMMA
• Call wall: $42.00
• Put wall: $43.00
• Put/call open interest: 0.222