CGW Options History — February 2022

In February 2022, CGW traded between $50.75 and $54.50. ATM implied volatility averaged 21.7%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 2.3% (HV 20d: 19.5%). Max pain ranged from $52.00 to $59.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.13.

Notable Days

2022-02-01: Highest Volume — 152 contracts
2022-02-11: Largest IV spike — 49.6% change
2022-02-04: Highest IV Rank — 10.8%
2022-02-28: Largest Expected Move — 7.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.42	$50.75	$54.50	$54.07	$51.50
Max Pain	$57.74	$52.00	$59.00	$59.00	$58.00
ATM IV	21.7%	15.8%	25.5%	20.3%	24.7%
Expected Move	5.8%	4.3%	7.1%	5.8%	7.1%
HV 20d	19.5%	16.7%	22.5%	16.7%	22.5%
HV 60d	17.3%	15.7%	18.6%	15.7%	18.6%
IV Rank	8.2%	4.1%	10.8%	7.2%	10.3%
IV Percentile	42.2%	21.2%	52.0%	38.8%	52.0%
Term Structure	-2.2%	-7.4%	2.3%	-3.7%	2.1%
VWIV	20.8%	17.1%	29.8%	21.4%	22.5%
Skew 25d	8.6%	0.0%	15.2%	4.8%	5.8%
Skew 10d	5.4%	-3.6%	15.6%	-1.5%	15.6%
Call IV 25d	18.9%	11.0%	25.0%	25.0%	20.6%
Put IV 25d	27.4%	22.3%	33.4%	29.7%	26.4%
Bid-Ask Spread %	111.70	103.59	125.13	123.41	112.21
Gamma HHI	0.13	0.09	0.19	0.11	0.16
Net GEX	7.0K	2.7K	21.0K	21.0K	4.4K
Net DEX	91.8K	-68.2K	168.7K	-68.2K	151.0K
Net VEX	-788	-1.4K	-494	-1.4K	-568
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.13	1.07	1.29	1.27	1.09
Total Volume	145.895	144	152	152	146
Total OI	493.737	451	498	451	498

Daily Data (19 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
2022-02-01	$54.07	$59.00	20.3%	5.8%	16.7%	7.2%	21.4%	4.8%	-3.7%	21.0K	-68.2K	-1.4K	1.27	123.41	N/A	N/A	67	85	408	43
2022-02-02	$54.50	$52.00	22.7%	6.5%	17.3%	8.9%	29.8%	15.2%	-3.4%	9.0K	30.8K	-1.1K	1.27	125.13	N/A	N/A	67	85	409	87
2022-02-03	$53.27	$58.00	23.7%	4.6%	18.1%	9.6%	17.8%	7.4%	2.3%	7.6K	75.6K	-955	1.29	106.15	N/A	N/A	66	85	408	87
2022-02-04	$53.00	$58.00	25.5%	4.7%	18.0%	10.8%	18.0%	10.2%	-0.2%	7.0K	86.0K	-1.0K	1.10	104.08	N/A	N/A	69	76	408	86
2022-02-07	$52.27	$58.00	23.8%	6.0%	18.3%	9.7%	17.5%	13.2%	-2.3%	6.7K	95.8K	-927	1.12	108.09	N/A	N/A	68	76	410	86
2022-02-08	$52.91	$58.00	21.3%	4.3%	18.1%	7.9%	17.1%	12.0%	-1.9%	7.2K	61.4K	-752	1.12	103.59	N/A	N/A	68	76	410	86
2022-02-09	$53.61	$58.00	18.3%	5.2%	18.7%	5.8%	17.6%	13.0%	-1.6%	9.2K	37.8K	-860	1.12	108.43	N/A	N/A	68	76	410	86
2022-02-10	$52.76	$58.00	15.8%	4.5%	19.0%	4.1%	18.9%	9.3%	2.0%	8.0K	91.7K	-852	1.12	107.38	N/A	N/A	68	76	409	86
2022-02-11	$51.84	$58.00	23.6%	6.8%	19.5%	9.5%	23.8%	6.2%	-7.3%	3.7K	86.9K	-811	1.12	118.68	N/A	N/A	68	76	409	86
2022-02-14	$51.73	$58.00	21.4%	6.1%	19.1%	8.0%	24.4%	8.1%	-3.8%	4.7K	124.3K	-656	1.12	116.21	N/A	N/A	68	76	410	86
2022-02-15	$52.45	$58.00	19.2%	5.5%	19.8%	6.5%	18.0%	8.8%	-4.2%	7.8K	87.0K	-713	1.12	113.07	N/A	N/A	68	76	410	86
2022-02-16	$52.87	$58.00	17.4%	5.0%	20.2%	5.2%	19.4%	8.9%	-2.7%	8.1K	78.3K	-494	1.10	105.29	N/A	N/A	69	76	410	86
2022-02-17	$52.27	$58.00	20.2%	5.8%	20.4%	7.2%	20.3%	12.5%	0.9%	5.9K	112.5K	-635	1.10	113.45	N/A	N/A	69	76	411	86
2022-02-18	$52.08	$58.00	22.3%	6.4%	20.2%	8.6%	20.5%	7.8%	-2.5%	5.7K	115.9K	-664	1.10	110.14	N/A	N/A	69	76	411	86
2022-02-22	$51.29	$58.00	23.2%	6.6%	20.7%	9.2%	21.3%	4.3%	-2.6%	5.3K	133.3K	-756	1.10	111.87	N/A	N/A	69	76	410	86
2022-02-23	$50.84	$58.00	24.0%	6.9%	20.5%	9.8%	22.4%	0.0%	-7.4%	2.7K	168.7K	-526	1.10	111.28	N/A	N/A	69	76	411	86
2022-02-24	$50.75	$58.00	21.4%	6.1%	20.3%	8.0%	23.6%	3.0%	0.3%	2.9K	160.7K	-607	1.07	115.35	N/A	N/A	71	76	411	86
2022-02-25	$52.02	$58.00	24.0%	6.9%	22.2%	9.8%	20.3%	12.3%	-6.6%	5.9K	114.0K	-689	1.09	108.56	N/A	N/A	70	76	411	86
2022-02-28	$51.50	$58.00	24.7%	7.1%	22.5%	10.3%	22.5%	5.8%	2.1%	4.4K	151.0K	-568	1.09	112.21	N/A	N/A	70	76	412	86