CGW Options History — January 2023

In January 2023, CGW traded between $46.77 and $50.29. ATM implied volatility averaged 21.1%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 0.6% (HV 20d: 20.5%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-04: Highest Volume — 12 contracts
  • 2023-01-11: Largest IV drop — 30.1% change
  • 2023-01-04: Highest IV Rank — 29.1%
  • 2023-01-04: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.06$46.77$50.29$46.77$50.26
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV21.1%16.7%26.5%24.7%22.0%
Expected Move5.9%4.8%7.6%7.1%6.3%
HV 20d20.5%17.2%24.0%19.3%17.2%
HV 60d25.2%23.7%27.0%26.8%23.7%
IV Rank16.3%6.0%29.1%24.8%18.5%
IV Percentile25.2%2.4%59.9%47.2%31.0%
Term Structure0.5%-4.2%5.6%-2.7%-0.2%
VWIV25.7%16.6%43.5%43.5%17.1%
Skew 25d2.8%-0.4%6.0%0.7%5.7%
Skew 10d2.8%-24.3%17.0%1.1%13.7%
Call IV 25d20.7%14.8%29.8%29.8%20.5%
Put IV 25d23.5%15.1%30.9%30.4%26.2%
Bid-Ask Spread %123.49117.34129.34129.34122.48
Gamma HHI0.440.350.540.350.52
Net GEX21.3K16.5K26.7K16.5K26.7K
Net DEX-399.1K-485.5K-276.4K-276.4K-485.5K
Net VEX-1.3K-1.4K-1.3K-1.3K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.301210
Total OI158.8142170142163

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$46.77$0.0024.7%7.1%19.3%24.8%0.0%0.7%-2.7%16.5K-276.4K-1.3K0.00129.34N/AN/A1013210
2023-01-04$47.59$0.0026.5%7.6%20.1%29.1%43.5%5.2%-4.2%17.3K-312.4K-1.3K0.00128.12N/AN/A12013310
2023-01-05$46.95$0.0025.2%6.6%20.3%26.0%0.0%6.0%2.3%16.9K-289.3K-1.3K0.00118.35N/AN/A0014310
2023-01-06$48.37$0.0021.7%6.3%23.2%17.8%0.0%2.9%-0.2%18.4K-319.6K-1.3K0.00117.34N/AN/A2014310
2023-01-09$48.34$0.0024.2%6.1%23.1%23.6%0.0%0.6%-2.0%19.7K-347.4K-1.3K0.00123.30N/AN/A2014510
2023-01-10$48.72$0.0025.1%5.7%23.3%25.7%0.0%2.9%5.6%19.4K-350.7K-1.3K0.00123.29N/AN/A4014510
2023-01-11$49.49$0.0017.5%5.0%24.0%8.1%16.6%0.3%1.5%20.2K-402.2K-1.4K0.00117.94N/AN/A3014910
2023-01-12$49.77$50.0018.0%5.2%23.5%9.1%0.0%-0.4%2.1%19.8K-427.0K-1.4K0.00123.54N/AN/A0015210
2023-01-13$49.96$50.0016.7%4.8%23.4%6.0%0.0%0.1%1.4%20.5K-428.8K-1.4K0.00119.47N/AN/A0015210
2023-01-17$49.72$50.0017.6%5.0%21.5%8.2%0.0%0.7%4.0%20.7K-440.9K-1.3K0.00123.18N/AN/A0015210
2023-01-18$49.14$50.0022.2%6.4%21.2%19.0%17.1%1.6%-2.4%21.0K-410.1K-1.3K0.00128.38N/AN/A8015210
2023-01-19$48.74$50.0019.8%5.7%19.5%13.2%0.0%0.3%0.7%20.9K-404.5K-1.4K0.00125.22N/AN/A0016010
2023-01-20$49.02$50.0019.8%5.7%19.5%13.4%0.0%6.0%0.9%21.4K-393.0K-1.4K0.00129.12N/AN/A0016010
2023-01-23$49.14$50.0019.4%5.6%19.4%12.5%0.0%4.4%1.6%23.2K-406.4K-1.3K0.00126.79N/AN/A1014910
2023-01-24$49.57$50.0019.3%5.5%18.5%12.2%0.0%3.9%-0.0%25.5K-443.5K-1.3K0.00124.53N/AN/A0015010
2023-01-25$49.91$50.0020.5%5.9%18.4%14.9%0.0%5.6%0.7%24.2K-448.7K-1.3K0.00121.94N/AN/A1015010
2023-01-26$49.91$50.0019.9%5.7%18.4%13.5%0.0%2.2%-0.3%24.3K-462.8K-1.3K0.00122.42N/AN/A1015110
2023-01-27$50.29$50.0019.7%5.6%17.8%13.1%0.0%5.2%-0.4%25.5K-485.0K-1.3K0.00122.85N/AN/A11015210
2023-01-30$49.63$50.0021.4%6.1%18.1%17.0%0.0%2.0%1.6%23.9K-447.1K-1.4K0.00122.12N/AN/A0015310
2023-01-31$50.26$50.0022.0%6.3%17.2%18.5%0.0%5.7%-0.2%26.7K-485.5K-1.3K0.00122.48N/AN/A0015310