CGW Options History — May 2009

In May 2009, CGW traded between $13.98 and $15.17. ATM implied volatility averaged 57.0%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 25.2% (HV 20d: 31.9%). Max pain ranged from $12.00 to $14.00. Net GEX was positive for 9 of 19 trading days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-05-13: Highest Volume — 10 contracts
  • 2009-05-26: Largest IV drop — 19.9% change
  • 2009-05-22: Highest IV Rank — 32.2%
  • 2009-05-22: Largest Expected Move — 20.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.67$13.98$15.17$13.98$15.17
Max Pain$12.95$12.00$14.00$12.00$14.00
ATM IV57.0%50.4%72.3%55.1%57.7%
Expected Move16.4%14.4%20.7%15.8%16.5%
HV 20d31.9%29.0%36.2%30.3%31.6%
HV 60d40.9%36.6%42.4%41.0%36.6%
IV Rank23.9%20.4%32.2%22.9%24.1%
IV Percentile74.5%63.9%90.5%72.2%76.2%
VWIV46.8%43.2%50.4%50.4%43.2%
Skew 25d11.0%-8.8%33.1%33.1%11.3%
Skew 10d-11.2%-40.8%19.5%-0.5%-15.9%
Call IV 25d53.4%32.1%78.4%32.1%55.7%
Put IV 25d64.3%49.7%69.6%65.2%67.0%
Bid-Ask Spread %180.80168.66187.28186.63179.15
Gamma HHI0.380.310.410.310.39
Net GEX35-4517621-39
Net DEX-3.2K-6.9K-75-2.4K-2.0K
Net VEX-49-70-12-22-66
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.78901000
Total OI15.842522722

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-05-01$13.98$12.0055.1%15.8%30.3%22.9%0.0%33.1%0.0%21-2.4K-220.00186.63N/AN/A0043
2009-05-04$14.47$12.0055.4%15.9%31.1%23.1%50.4%14.0%0.0%23-2.9K-210.00183.37N/AN/A5043
2009-05-05$14.45$12.0055.6%15.9%31.1%23.2%0.0%11.2%0.0%104-6.1K-390.00184.93N/AN/A0093
2009-05-06$14.45$12.0056.6%16.2%30.8%23.7%0.0%7.4%0.0%165-5.9K-350.00178.29N/AN/A0093
2009-05-07$14.45$12.0056.0%16.1%29.7%23.4%0.0%12.7%0.0%104-6.1K-380.00184.93N/AN/A0093
2009-05-08$14.92$12.0054.2%15.5%29.0%22.4%0.0%7.4%0.0%166-6.9K-350.00174.04N/AN/A0093
2009-05-11$14.48$12.0057.6%16.5%31.8%24.2%0.0%9.2%0.0%169-5.9K-350.00178.66N/AN/A0093
2009-05-12$14.68$12.0054.7%15.7%30.7%22.7%0.0%8.0%0.0%176-6.3K-340.00168.66N/AN/A0093
2009-05-13$14.07$12.0050.4%14.4%34.7%20.4%43.2%6.3%0.0%107-5.4K-370.00182.94N/AN/A01093
2009-05-15$14.28$14.0057.4%16.4%34.4%24.1%0.0%13.4%0.0%-44-75-690.00184.73N/AN/A00913
2009-05-18$14.80$14.0055.0%15.8%36.2%22.9%0.0%12.3%0.0%-45-1.2K-690.00181.75N/AN/A00913
2009-05-19$15.03$14.0055.6%15.9%31.9%23.2%0.0%11.9%0.0%-42-1.7K-700.00180.49N/AN/A00913
2009-05-20$14.92$14.0056.0%16.1%32.0%23.4%0.0%11.2%0.0%-42-1.5K-690.00180.49N/AN/A00913
2009-05-21$14.84$12.0062.9%18.0%32.0%27.1%0.0%0.0%0.0%-7-1.4K-120.00187.28N/AN/A0023
2009-05-22$14.85$14.0072.3%20.7%31.5%32.2%0.0%-8.8%0.0%-37-1.5K-690.00181.08N/AN/A00913
2009-05-26$15.05$14.0057.9%16.6%31.6%24.4%0.0%12.3%0.0%-39-1.7K-680.00176.91N/AN/A00913
2009-05-27$14.80$14.0057.1%16.4%32.5%24.0%0.0%12.4%0.0%-41-1.2K-670.00180.40N/AN/A00913
2009-05-28$14.98$14.0056.3%16.1%32.5%23.4%0.0%12.1%0.0%-41-1.6K-670.00180.43N/AN/A00913
2009-05-29$15.17$14.0057.7%16.5%31.6%24.1%0.0%11.3%0.0%-39-2.0K-660.00179.15N/AN/A00913