CGW Options History — May 2022

In May 2022, CGW traded between $45.44 and $49.11. ATM implied volatility averaged 27.9%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.3% (HV 20d: 24.6%). Max pain ranged from $47.00 to $48.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2022-05-24: Highest Volume — 190 contracts
2022-05-09: Largest IV spike — 63.3% change
2022-05-09: Highest IV Rank — 24.5%
2022-05-25: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.06	$45.44	$49.11	$47.85	$48.09
Max Pain	$47.14	$47.00	$48.00	$48.00	$47.00
ATM IV	27.9%	20.1%	45.6%	29.0%	27.7%
Expected Move	7.7%	5.8%	8.6%	8.3%	7.9%
HV 20d	24.6%	17.9%	28.0%	17.9%	25.5%
HV 60d	22.0%	20.3%	23.1%	20.3%	22.1%
IV Rank	12.1%	6.6%	24.5%	12.9%	12.0%
IV Percentile	70.2%	46.4%	82.8%	73.2%	74.4%
Term Structure	-3.8%	-8.3%	8.4%	-5.2%	-8.2%
VWIV	28.6%	24.6%	34.2%	27.2%	30.4%
Skew 25d	7.8%	-8.3%	21.1%	-1.6%	18.4%
Skew 10d	6.2%	-3.6%	20.5%	2.9%	4.4%
Call IV 25d	23.7%	11.2%	36.4%	32.3%	14.1%
Put IV 25d	31.5%	24.8%	38.9%	30.7%	32.5%
Bid-Ask Spread %	114.05	104.46	125.76	112.31	119.11
Gamma HHI	0.26	0.18	0.39	0.19	0.18
Net GEX	-93	-3.9K	4.3K	3.9K	3.8K
Net DEX	-5.2K	-80.9K	67.0K	-22.1K	-80.3K
Net VEX	-773	-908	-660	-893	-842
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.40	0.61	0.61	0.40
Total Volume	165.333	151	190	156	186
Total OI	213	201	230	211	230

Daily Data (21 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
2022-05-02	$47.85	$48.00	29.0%	8.3%	17.9%	12.9%	27.2%	-1.6%	-5.2%	3.9K	-22.1K	-893	0.61	112.31	N/A	N/A	97	59	156	55
2022-05-03	$47.86	$48.00	28.1%	8.1%	17.9%	12.2%	27.8%	16.2%	-2.9%	1.7K	9.3K	-793	0.57	113.31	N/A	N/A	97	55	153	59
2022-05-04	$49.11	$48.00	26.2%	7.5%	20.8%	10.9%	34.2%	11.3%	-7.9%	2.2K	-60.3K	-836	0.56	123.05	N/A	N/A	98	55	153	59
2022-05-05	$47.57	$47.00	25.2%	7.2%	23.1%	10.2%	30.3%	-1.6%	-2.5%	4.3K	-27.1K	-908	0.57	114.35	N/A	N/A	97	55	152	59
2022-05-06	$46.88	$47.00	27.9%	7.6%	23.1%	12.1%	29.8%	3.0%	-4.5%	-47	17.3K	-798	0.57	111.55	N/A	N/A	97	55	152	59
2022-05-09	$45.70	$47.00	45.6%	8.1%	24.2%	24.5%	30.2%	-0.5%	-2.9%	-1.8K	43.2K	-794	0.56	114.00	N/A	N/A	97	54	142	59
2022-05-10	$45.47	$47.00	35.7%	8.6%	23.9%	17.6%	28.9%	11.8%	-3.8%	-2.8K	48.5K	-754	0.56	105.50	N/A	N/A	97	54	142	59
2022-05-11	$45.44	$47.00	27.9%	8.0%	24.0%	12.1%	30.8%	5.8%	-3.0%	-3.7K	63.9K	-663	0.53	108.41	N/A	N/A	101	54	142	59
2022-05-12	$45.46	$47.00	29.0%	8.3%	23.3%	12.9%	28.4%	11.7%	-2.4%	-3.9K	67.0K	-660	0.53	104.46	N/A	N/A	101	54	146	59
2022-05-13	$46.71	$47.00	21.4%	6.1%	26.1%	7.6%	26.8%	-8.3%	-2.9%	-2.9K	21.6K	-698	0.53	111.64	N/A	N/A	101	54	148	59
2022-05-16	$46.62	$47.00	27.1%	7.8%	25.8%	11.6%	27.1%	2.3%	-0.9%	-1.8K	29.7K	-712	0.50	110.14	N/A	N/A	109	55	148	59
2022-05-17	$47.48	$47.00	20.1%	5.8%	26.6%	6.6%	24.6%	9.4%	8.4%	-1.7K	-22.2K	-794	0.50	115.15	N/A	N/A	109	55	156	61
2022-05-18	$46.24	$47.00	26.3%	7.5%	27.0%	11.0%	28.9%	4.6%	-3.1%	-2.0K	22.3K	-713	0.50	117.42	N/A	N/A	109	55	156	61
2022-05-19	$46.85	$47.00	21.9%	6.3%	27.7%	7.9%	26.4%	3.3%	-2.7%	-1.5K	6.0K	-752	0.50	116.90	N/A	N/A	109	55	156	59
2022-05-20	$46.86	$47.00	25.2%	7.2%	27.6%	10.2%	28.5%	0.1%	-6.5%	-2.1K	-5.3K	-743	0.44	109.96	N/A	N/A	124	55	156	59
2022-05-23	$47.39	$47.00	28.7%	8.2%	28.0%	12.7%	27.9%	10.2%	-4.2%	1.3K	-35.6K	-762	0.43	107.37	N/A	N/A	124	53	155	56
2022-05-24	$47.39	$47.00	27.1%	7.8%	26.0%	11.5%	28.6%	9.0%	-4.5%	387	-35.2K	-744	0.51	110.41	N/A	N/A	126	64	155	56
2022-05-25	$47.30	$47.00	30.2%	8.6%	26.0%	13.7%	28.2%	16.0%	-8.3%	622	-38.1K	-873	0.42	119.48	N/A	N/A	127	53	157	67
2022-05-26	$47.65	$47.00	28.5%	8.2%	25.7%	12.6%	27.8%	21.1%	-5.5%	1.5K	-31.0K	-746	0.40	124.79	N/A	N/A	133	53	157	67
2022-05-27	$48.32	$47.00	26.4%	7.6%	25.7%	11.1%	27.8%	20.9%	-5.7%	2.7K	-80.9K	-752	0.40	125.76	N/A	N/A	133	53	163	67
2022-05-31	$48.09	$47.00	27.7%	7.9%	25.5%	12.0%	30.4%	18.4%	-8.2%	3.8K	-80.3K	-842	0.40	119.11	N/A	N/A	133	53	163	67