CGW Options History — January 2022

In January 2022, CGW traded between $52.35 and $60.12. ATM implied volatility averaged 23.6%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 8.0% (HV 20d: 15.6%). Max pain ranged from $59.00 to $63.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.81.

Notable Days

2022-01-21: Highest Volume — 116 contracts
2022-01-04: Largest IV spike — 97.2% change
2022-01-26: Highest IV Rank — 19.6%
2022-01-26: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.99	$52.35	$60.12	$60.12	$53.79
Max Pain	$59.60	$59.00	$63.00	$63.00	$59.00
ATM IV	23.6%	16.2%	38.1%	16.2%	19.7%
Expected Move	6.4%	4.2%	10.9%	4.6%	5.6%
HV 20d	15.6%	11.7%	18.0%	17.3%	16.3%
HV 60d	14.3%	13.1%	15.8%	13.2%	15.8%
IV Rank	9.5%	4.4%	19.6%	4.4%	6.8%
IV Percentile	39.2%	22.4%	56.0%	22.4%	36.4%
Term Structure	-0.9%	-7.3%	3.9%	2.5%	-3.9%
VWIV	23.9%	12.9%	52.4%	42.4%	24.5%
Skew 25d	7.3%	-4.7%	23.4%	19.9%	10.7%
Skew 10d	11.0%	1.8%	45.5%	41.2%	18.1%
Call IV 25d	19.2%	15.2%	34.9%	16.4%	18.9%
Put IV 25d	26.5%	14.6%	46.1%	36.3%	29.6%
Bid-Ask Spread %	124.50	110.61	146.70	145.19	115.99
Gamma HHI	0.14	0.10	0.20	0.18	0.10
Net GEX	21.7K	9.7K	42.5K	39.6K	14.6K
Net DEX	-113.1K	-404.3K	27.2K	-395.8K	4.7K
Net VEX	-1.7K	-2.8K	-1.1K	-2.8K	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.53	1.44	1.44	0.62
Total Volume	96.65	66	116	66	107
Total OI	419.5	385	450	385	450

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
2022-01-03	$60.12	$63.00	16.2%	4.6%	17.3%	4.4%	42.4%	19.9%	2.5%	39.6K	-395.8K	-2.8K	1.44	145.19	N/A	N/A	27	39	344	41
2022-01-04	$60.03	$63.00	32.0%	9.2%	16.2%	15.3%	34.2%	23.4%	-5.8%	42.5K	-404.3K	-2.8K	1.44	146.70	N/A	N/A	27	39	349	41
2022-01-05	$59.11	$63.00	34.4%	9.9%	16.1%	17.0%	52.4%	-4.7%	2.9%	34.4K	-261.3K	-2.2K	1.44	146.53	N/A	N/A	27	39	349	41
2022-01-06	$58.51	$59.00	34.7%	7.2%	16.1%	17.2%	22.9%	8.2%	-1.2%	26.6K	-174.7K	-1.9K	1.44	143.32	N/A	N/A	27	39	349	41
2022-01-07	$58.28	$59.00	22.3%	4.6%	16.0%	8.6%	17.3%	5.6%	3.9%	26.4K	-172.3K	-1.8K	1.44	117.06	N/A	N/A	27	39	349	41
2022-01-10	$56.98	$59.00	22.6%	5.3%	17.6%	8.9%	17.7%	7.9%	-0.1%	16.0K	-60.8K	-1.3K	0.65	114.52	N/A	N/A	60	39	349	41
2022-01-11	$57.37	$59.00	21.3%	4.2%	17.9%	7.9%	16.2%	3.8%	1.7%	29.1K	-196.9K	-2.2K	0.60	119.11	N/A	N/A	65	39	379	41
2022-01-12	$57.60	$59.00	19.1%	5.5%	17.6%	6.4%	19.0%	5.1%	-1.5%	24.9K	-167.7K	-1.9K	0.60	125.67	N/A	N/A	65	39	384	41
2022-01-13	$57.00	$59.00	17.3%	5.0%	17.2%	5.1%	15.9%	4.5%	-0.2%	27.5K	-165.0K	-1.9K	0.60	116.67	N/A	N/A	65	39	384	41
2022-01-14	$56.18	$59.00	17.7%	5.1%	17.7%	5.4%	16.9%	2.9%	-0.2%	12.9K	-39.0K	-1.3K	0.60	115.64	N/A	N/A	65	39	384	41
2022-01-18	$55.42	$59.00	19.0%	5.4%	18.0%	6.3%	12.9%	6.6%	0.9%	20.2K	-85.7K	-1.7K	0.57	113.12	N/A	N/A	70	40	384	41
2022-01-19	$55.27	$59.00	21.9%	6.3%	15.9%	8.3%	13.3%	8.4%	-1.5%	12.3K	-11.3K	-1.2K	0.57	110.61	N/A	N/A	70	40	389	42
2022-01-20	$54.89	$59.00	17.4%	5.0%	15.2%	5.2%	18.3%	1.8%	-1.6%	9.7K	-2.4K	-1.1K	0.59	120.52	N/A	N/A	70	41	389	42
2022-01-21	$54.40	$59.00	19.2%	5.5%	14.2%	6.5%	16.0%	7.8%	1.9%	21.6K	-93.7K	-1.8K	0.55	118.41	N/A	N/A	75	41	389	42
2022-01-24	$53.96	$59.00	21.7%	6.2%	13.7%	8.2%	20.3%	14.9%	-1.8%	16.6K	-21.8K	-1.4K	0.56	115.33	N/A	N/A	72	40	394	42
2022-01-25	$53.35	$59.00	26.8%	7.7%	13.4%	11.8%	27.9%	0.5%	-3.2%	17.2K	-31.2K	-1.5K	0.56	126.83	N/A	N/A	72	40	396	42
2022-01-26	$52.78	$59.00	38.1%	10.9%	12.5%	19.6%	41.0%	7.8%	-7.3%	14.4K	-18.4K	-1.3K	0.70	136.63	N/A	N/A	57	40	396	42
2022-01-27	$52.35	$59.00	25.2%	7.2%	11.7%	10.7%	23.4%	2.9%	-0.4%	13.2K	27.2K	-1.2K	0.70	122.46	N/A	N/A	57	40	398	42
2022-01-28	$52.40	$59.00	26.0%	7.5%	11.9%	11.2%	24.8%	7.9%	-3.8%	14.6K	9.0K	-1.2K	0.53	119.62	N/A	N/A	76	40	398	42
2022-01-31	$53.79	$59.00	19.7%	5.6%	16.3%	6.8%	24.5%	10.7%	-3.9%	14.6K	4.7K	-1.1K	0.62	115.99	N/A	N/A	66	41	408	42