CGW Options History — September 2022

In September 2022, CGW traded between $40.67 and $47.73. ATM implied volatility averaged 25.1%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 1.8% (HV 20d: 23.3%). Max pain ranged from $46.00 to $46.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.36.

Notable Days

2022-09-07: Highest Volume — 67 contracts
2022-09-13: Largest IV drop — 35.8% change
2022-09-12: Highest IV Rank — 55.2%
2022-09-29: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.32	$40.67	$47.73	$45.52	$41.19
Max Pain	$46.00	$46.00	$46.00	$46.00	$46.00
ATM IV	25.1%	20.5%	36.1%	20.5%	28.2%
Expected Move	6.7%	4.4%	9.0%	5.9%	8.1%
HV 20d	23.3%	18.8%	29.3%	21.1%	29.3%
HV 60d	22.5%	21.2%	24.4%	24.4%	23.9%
IV Rank	31.5%	21.6%	55.2%	21.6%	38.2%
IV Percentile	60.3%	41.3%	94.8%	41.3%	79.4%
Term Structure	0.9%	-3.8%	6.1%	3.5%	-1.1%
Skew 25d	1.5%	-10.2%	12.1%	-10.2%	0.9%
Skew 10d	4.1%	-7.0%	12.8%	6.6%	1.8%
Call IV 25d	24.1%	14.8%	38.2%	28.5%	31.0%
Put IV 25d	25.6%	16.1%	36.0%	18.3%	31.9%
Bid-Ask Spread %	120.81	112.71	125.97	115.12	123.52
Gamma HHI	0.20	0.15	0.26	0.16	0.21
Net GEX	5.8K	1.2K	12.1K	7.8K	1.5K
Net DEX	-67.6K	-166.3K	2.6K	-80.1K	-5.6K
Net VEX	-484	-608	-382	-602	-391
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.00	0.67	0.00	0.67
Total Volume	21.714	0	67	2	35
Total OI	120.476	69	162	158	77

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
2022-09-01	$45.52	$46.00	20.5%	5.9%	21.1%	21.6%	0.0%	-10.2%	3.5%	7.8K	-80.1K	-602	0.00	115.12	N/A	N/A	2	0	133	25
2022-09-02	$45.15	$46.00	24.6%	7.0%	20.7%	30.3%	0.0%	-8.3%	-2.3%	8.2K	-80.5K	-538	0.00	116.30	N/A	N/A	0	0	135	25
2022-09-06	$45.29	$0.00	24.0%	7.1%	20.1%	29.1%	0.0%	5.9%	0.1%	8.3K	-86.1K	-608	0.35	116.44	N/A	N/A	49	17	135	25
2022-09-07	$46.22	$0.00	22.7%	4.4%	21.6%	26.2%	0.0%	-2.2%	5.4%	8.4K	-102.5K	-512	0.34	122.44	N/A	N/A	50	17	135	25
2022-09-08	$46.26	$0.00	21.6%	6.0%	18.8%	23.8%	0.0%	1.3%	3.1%	7.4K	-110.2K	-573	0.00	120.40	N/A	N/A	0	0	136	25
2022-09-09	$47.14	$0.00	28.8%	5.2%	20.4%	39.3%	0.0%	-1.9%	1.6%	10.0K	-144.9K	-528	0.00	122.52	N/A	N/A	0	0	136	25
2022-09-12	$47.73	$0.00	36.1%	5.0%	20.3%	55.2%	0.0%	2.2%	3.4%	12.1K	-166.3K	-517	0.00	125.97	N/A	N/A	0	0	136	25
2022-09-13	$46.01	$0.00	23.2%	6.5%	23.5%	27.3%	0.0%	1.8%	-0.8%	6.3K	-106.2K	-495	0.34	125.45	N/A	N/A	50	17	136	25
2022-09-14	$45.96	$0.00	22.3%	6.4%	23.4%	25.3%	0.0%	12.1%	0.7%	6.7K	-102.8K	-540	0.00	119.98	N/A	N/A	0	0	136	25
2022-09-15	$45.18	$0.00	22.2%	6.4%	23.8%	25.0%	0.0%	1.7%	-1.4%	8.3K	-68.2K	-463	0.00	124.12	N/A	N/A	1	0	136	25
2022-09-16	$44.60	$0.00	24.5%	7.0%	23.8%	30.1%	0.0%	1.6%	-3.8%	10.0K	-59.9K	-447	0.37	121.74	N/A	N/A	46	17	137	25
2022-09-19	$45.05	$0.00	22.1%	6.3%	24.0%	25.0%	0.0%	6.5%	4.2%	5.6K	-73.8K	-425	0.00	123.44	N/A	N/A	1	0	54	15
2022-09-20	$44.32	$0.00	25.0%	7.2%	23.5%	31.2%	0.0%	-4.4%	-1.9%	4.7K	-65.1K	-441	0.00	119.58	N/A	N/A	0	10	55	15
2022-09-21	$43.99	$0.00	25.6%	7.3%	23.5%	32.4%	0.0%	1.1%	0.6%	3.6K	-57.3K	-516	0.00	123.31	N/A	N/A	0	0	55	25
2022-09-22	$43.38	$0.00	23.4%	6.7%	23.7%	27.8%	0.0%	3.3%	1.5%	3.0K	-37.6K	-416	0.00	120.47	N/A	N/A	0	0	55	25
2022-09-23	$42.18	$0.00	24.4%	7.0%	24.5%	29.9%	0.0%	1.7%	2.1%	2.6K	-29.4K	-450	0.00	122.70	N/A	N/A	4	0	55	25
2022-09-26	$41.52	$0.00	28.5%	8.2%	23.1%	38.8%	0.0%	7.8%	-0.3%	2.0K	-28.2K	-515	0.67	120.04	N/A	N/A	21	14	52	25
2022-09-27	$40.67	$0.00	23.1%	6.6%	23.6%	27.1%	0.0%	7.6%	6.1%	1.4K	2.6K	-382	0.67	120.61	N/A	N/A	21	14	52	25
2022-09-28	$42.20	$0.00	25.6%	7.3%	28.2%	32.4%	0.0%	5.3%	1.4%	2.1K	-17.9K	-417	0.67	120.09	N/A	N/A	21	14	52	25
2022-09-29	$41.08	$0.00	31.4%	9.0%	29.3%	44.9%	0.0%	-2.3%	-3.0%	1.2K	1.1K	-386	0.67	112.71	N/A	N/A	21	14	52	25
2022-09-30	$41.19	$0.00	28.2%	8.1%	29.3%	38.2%	0.0%	0.9%	-1.1%	1.5K	-5.6K	-391	0.67	123.52	N/A	N/A	21	14	52	25