CGW Options History — December 2022

In December 2022, CGW traded between $46.36 and $49.72. ATM implied volatility averaged 26.6%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 3.3% (HV 20d: 23.3%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.11.

Notable Days

  • 2022-12-14: Highest Volume — 36 contracts
  • 2022-12-12: Largest IV spike — 66.4% change
  • 2022-12-12: Highest IV Rank — 79.8%
  • 2022-12-27: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.99$46.36$49.72$49.66$46.64
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV26.6%17.0%48.2%17.0%22.3%
Expected Move6.3%4.9%10.1%4.9%6.4%
HV 20d23.3%19.3%31.1%31.1%19.3%
HV 60d29.7%27.1%31.4%31.4%27.3%
IV Rank29.2%6.7%79.8%6.7%19.1%
IV Percentile51.3%2.8%98.8%2.8%31.3%
Term Structure-0.6%-26.4%7.8%3.5%-0.8%
VWIV21.6%21.6%21.6%21.6%21.6%
Skew 25d0.7%-6.8%6.4%-1.1%1.5%
Skew 10d2.7%-39.7%12.6%6.2%2.8%
Call IV 25d22.5%15.6%27.7%20.5%26.9%
Put IV 25d23.2%16.3%28.4%19.5%28.4%
Bid-Ask Spread %126.53119.00137.90119.00128.15
Gamma HHI0.290.190.370.230.35
Net GEX16.3K12.9K19.1K16.1K16.2K
Net DEX-354.9K-495.8K-254.7K-432.0K-256.7K
Net VEX-1.2K-1.4K-876-889-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.000.000.00
Total Volume4.85703611
Total OI154.19135194148141

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$49.66$45.0017.0%4.9%31.1%6.7%0.0%-1.1%3.5%16.1K-432.0K-8890.00119.00N/AN/A1013018
2022-12-02$49.70$45.0020.1%5.8%29.4%14.0%21.6%0.5%-0.8%16.5K-429.8K-8760.00120.23N/AN/A0113018
2022-12-05$48.98$0.0030.0%6.4%29.8%37.2%0.0%4.2%3.2%12.9K-397.1K-8860.00127.48N/AN/A0013018
2022-12-06$48.48$0.0031.6%6.3%30.2%40.9%0.0%-0.4%2.5%16.0K-370.0K-9190.00123.59N/AN/A0013018
2022-12-07$48.59$0.0031.2%5.4%30.0%40.0%0.0%-2.1%1.2%16.9K-373.8K-8950.08121.53N/AN/A24213018
2022-12-08$48.72$0.0028.0%5.5%29.0%32.6%0.0%0.4%1.4%17.4K-405.1K-1.1K0.00125.96N/AN/A0014720
2022-12-09$48.87$0.0029.0%5.5%19.5%34.8%0.0%-6.8%2.2%16.8K-415.0K-1.1K0.00127.51N/AN/A0014720
2022-12-12$48.99$0.0048.2%5.5%19.3%79.8%0.0%0.9%3.3%17.0K-422.0K-1.1K0.00123.47N/AN/A21014720
2022-12-13$49.72$0.0036.9%6.0%19.9%53.4%0.0%2.7%5.0%17.4K-495.8K-1.2K0.00129.63N/AN/A5015820
2022-12-14$49.48$0.0020.9%6.0%19.8%15.9%0.0%-0.5%3.4%18.1K-494.1K-1.2K0.00130.51N/AN/A36016020
2022-12-15$48.24$0.0021.4%6.1%21.8%17.1%0.0%-2.1%7.8%18.4K-428.5K-1.4K0.00132.59N/AN/A0017420
2022-12-16$47.53$0.0020.7%5.9%21.5%15.5%0.0%-2.5%0.7%19.1K-376.5K-1.4K1.00137.90N/AN/A1117420
2022-12-19$46.46$0.0023.2%6.7%21.8%21.3%0.0%1.9%-0.8%14.1K-269.6K-1.3K0.00128.88N/AN/A4012510
2022-12-20$46.61$0.0034.9%10.0%21.9%48.8%0.0%2.7%-24.9%15.3K-256.3K-1.4K0.00127.04N/AN/A0012910
2022-12-21$47.04$0.0020.0%5.7%22.0%13.7%0.0%3.0%4.3%15.7K-263.6K-1.3K0.00129.07N/AN/A0012910
2022-12-22$46.36$0.0020.3%5.8%21.5%14.6%0.0%6.4%3.8%15.5K-254.7K-1.3K0.00121.95N/AN/A0012910
2022-12-23$46.80$0.0023.0%6.6%21.7%20.9%0.0%2.8%0.8%15.7K-267.6K-1.3K0.00120.25N/AN/A0012910
2022-12-27$47.02$0.0035.4%10.1%20.0%49.7%0.0%-2.2%-26.4%15.6K-270.7K-1.3K0.00126.41N/AN/A4012910
2022-12-28$46.54$0.0022.4%6.4%20.0%19.3%0.0%-0.3%-3.1%15.8K-273.9K-1.3K0.00129.23N/AN/A0013010
2022-12-29$47.33$0.0021.5%6.2%19.7%17.4%0.0%5.0%1.2%15.6K-300.3K-1.4K0.00126.80N/AN/A1013010
2022-12-30$46.64$0.0022.3%6.4%19.3%19.1%0.0%1.5%-0.8%16.2K-256.7K-1.3K0.00128.15N/AN/A1013110