CGW Options History — November 2022

In November 2022, CGW traded between $43.74 and $49.80. ATM implied volatility averaged 26.6%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 3.9% (HV 20d: 30.5%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.27.

Notable Days

2022-11-17: Highest Volume — 71 contracts
2022-11-08: Largest IV spike — 53.9% change
2022-11-08: Highest IV Rank — 57.5%
2022-11-01: Largest Expected Move — 10.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.25	$43.74	$49.80	$45.67	$48.94
Max Pain	$43.76	$40.00	$45.00	$40.00	$45.00
ATM IV	26.6%	17.9%	37.2%	36.1%	27.4%
Expected Move	7.3%	5.1%	10.4%	10.4%	7.9%
HV 20d	30.5%	28.0%	34.9%	28.7%	32.2%
HV 60d	30.2%	28.1%	31.5%	28.1%	31.5%
IV Rank	32.6%	9.5%	57.5%	55.2%	31.1%
IV Percentile	58.3%	7.9%	94.0%	93.7%	64.7%
Term Structure	-1.6%	-14.7%	11.1%	-14.7%	-10.9%
VWIV	24.0%	20.8%	31.2%	25.1%	23.1%
Skew 25d	5.1%	-6.8%	13.6%	2.5%	5.0%
Skew 10d	4.5%	-3.0%	14.1%	3.2%	3.3%
Call IV 25d	25.8%	19.6%	42.9%	37.2%	23.7%
Put IV 25d	30.9%	25.9%	42.8%	39.7%	28.6%
Bid-Ask Spread %	111.54	97.38	125.37	118.47	121.63
Gamma HHI	0.36	0.22	0.50	0.47	0.22
Net GEX	12.8K	10.3K	16.1K	11.3K	16.1K
Net DEX	-280.3K	-390.3K	-138.7K	-218.5K	-386.1K
Net VEX	-765	-905	-651	-760	-905
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.27	0.00	0.40	0.26	0.00
Total Volume	52.714	0	71	67	0
Total OI	129.714	123	148	123	148

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
2022-11-01	$45.67	$40.00	36.1%	10.4%	28.7%	55.2%	25.1%	2.5%	-14.7%	11.3K	-218.5K	-760	0.26	118.47	N/A	N/A	53	14	98	25
2022-11-02	$44.75	$40.00	23.9%	6.8%	29.6%	28.7%	31.2%	-6.8%	-7.0%	11.2K	-185.6K	-818	0.26	120.64	N/A	N/A	53	14	98	25
2022-11-03	$43.74	$41.00	29.1%	6.7%	29.7%	40.1%	23.9%	2.3%	2.3%	11.2K	-138.7K	-712	0.26	121.29	N/A	N/A	53	14	98	25
2022-11-04	$44.64	$41.00	28.9%	7.8%	28.3%	39.6%	25.9%	6.5%	-4.4%	11.3K	-175.3K	-787	0.26	97.54	N/A	N/A	53	14	98	25
2022-11-07	$44.98	$41.00	24.2%	5.9%	28.3%	29.4%	22.7%	4.0%	11.1%	12.7K	-180.3K	-760	0.26	98.85	N/A	N/A	53	14	98	25
2022-11-08	$45.62	$41.00	37.2%	6.9%	28.0%	57.5%	24.7%	4.8%	-7.9%	12.8K	-213.2K	-702	0.28	101.85	N/A	N/A	54	15	98	25
2022-11-09	$44.83	$45.00	23.9%	6.9%	28.8%	28.9%	26.9%	10.5%	3.7%	10.3K	-182.5K	-695	0.28	112.20	N/A	N/A	54	15	100	26
2022-11-10	$47.68	$45.00	21.7%	6.2%	34.9%	24.1%	22.9%	7.5%	0.6%	12.4K	-279.6K	-700	0.32	118.06	N/A	N/A	47	15	100	26
2022-11-11	$48.06	$45.00	19.9%	5.7%	33.8%	20.2%	21.7%	6.0%	0.7%	12.9K	-310.3K	-653	0.33	97.38	N/A	N/A	45	15	101	26
2022-11-14	$47.99	$45.00	28.7%	8.2%	32.3%	39.3%	24.1%	7.2%	1.9%	11.7K	-304.2K	-684	0.33	110.53	N/A	N/A	45	15	101	26
2022-11-15	$48.49	$45.00	28.0%	8.0%	32.0%	37.6%	21.2%	5.3%	-0.4%	10.4K	-304.5K	-721	0.36	113.83	N/A	N/A	45	16	101	26
2022-11-16	$48.29	$45.00	27.9%	8.0%	31.0%	37.4%	22.4%	8.5%	-0.7%	11.8K	-300.0K	-651	0.37	104.16	N/A	N/A	43	16	100	27
2022-11-17	$47.41	$45.00	28.3%	8.1%	31.1%	38.3%	26.9%	0.0%	-0.4%	13.0K	-275.3K	-660	0.29	110.89	N/A	N/A	55	16	101	27
2022-11-18	$48.28	$45.00	25.3%	7.3%	30.6%	26.7%	22.7%	5.3%	-0.1%	12.3K	-328.6K	-854	0.33	101.50	N/A	N/A	49	16	113	27
2022-11-21	$48.33	$45.00	28.2%	8.1%	30.4%	33.4%	23.3%	13.6%	-5.5%	13.9K	-329.0K	-856	0.37	109.74	N/A	N/A	43	16	115	17
2022-11-22	$48.71	$45.00	24.4%	7.0%	29.4%	24.4%	21.9%	6.1%	3.2%	15.0K	-346.8K	-806	0.40	106.97	N/A	N/A	43	17	115	17
2022-11-23	$49.42	$45.00	23.4%	6.7%	29.6%	22.1%	20.8%	0.7%	-3.0%	14.3K	-373.4K	-790	0.40	110.62	N/A	N/A	42	17	115	18
2022-11-25	$49.80	$45.00	17.9%	5.1%	29.6%	9.5%	0.0%	0.8%	5.1%	14.7K	-390.3K	-849	0.00	121.44	N/A	N/A	1	0	119	18
2022-11-28	$48.51	$45.00	26.2%	7.5%	31.4%	28.3%	0.0%	6.3%	-1.8%	14.5K	-338.5K	-837	0.00	119.39	N/A	N/A	2	0	119	18
2022-11-29	$48.02	$45.00	28.1%	8.1%	31.7%	32.8%	23.1%	11.1%	-5.7%	15.0K	-325.6K	-863	0.00	125.37	N/A	N/A	15	0	121	18
2022-11-30	$48.94	$45.00	27.4%	7.9%	32.2%	31.1%	0.0%	5.0%	-10.9%	16.1K	-386.1K	-905	0.00	121.63	N/A	N/A	0	0	130	18