CGW Options History — February 2023

In February 2023, CGW traded between $48.77 and $51.32. ATM implied volatility averaged 21.8%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 6.2% (HV 20d: 15.6%). Max pain ranged from $37.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-02-07: Highest Volume — 18 contracts
  • 2023-02-02: Largest IV drop — 66.9% change
  • 2023-02-01: Highest IV Rank — 98.5%
  • 2023-02-01: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.09$48.77$51.32$51.29$48.84
Max Pain$37.68$37.00$50.00$50.00$37.00
ATM IV21.8%16.9%56.2%56.2%21.9%
Expected Move6.1%4.8%16.1%16.1%6.3%
HV 20d15.6%14.3%18.2%18.2%15.6%
HV 60d20.0%17.8%23.4%23.4%17.8%
IV Rank18.0%6.5%98.5%98.5%18.3%
IV Percentile23.5%2.4%99.6%99.6%32.1%
Term Structure-0.2%-22.0%9.9%-22.0%-4.8%
VWIV29.3%16.9%41.7%16.9%41.7%
Skew 25d2.0%-0.5%5.0%1.0%3.5%
Skew 10d2.1%-8.6%6.5%6.5%0.3%
Call IV 25d22.2%16.0%79.0%79.0%21.4%
Put IV 25d24.1%18.0%80.0%80.0%24.9%
Bid-Ask Spread %121.91115.66151.47151.47122.00
Gamma HHI0.490.370.620.460.43
Net GEX30.2K19.5K35.6K19.5K30.2K
Net DEX-543.4K-601.4K-427.9K-531.9K-457.2K
Net VEX-1.5K-1.7K-1.4K-1.4K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.947018110
Total OI192.368163205163195

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$51.29$50.0056.2%16.1%18.2%98.5%0.0%1.0%-22.0%19.5K-531.9K-1.4K0.00151.47N/AN/A11015310
2023-02-02$51.32$37.0018.6%4.9%17.6%10.5%0.0%1.8%3.3%24.5K-601.4K-1.4K0.00121.09N/AN/A2016410
2023-02-03$50.89$37.0022.6%5.1%17.0%19.8%16.9%1.6%1.7%25.6K-580.0K-1.4K0.00115.66N/AN/A5016510
2023-02-06$50.40$37.0022.1%5.9%14.7%18.7%0.0%2.4%-3.1%28.6K-549.3K-1.5K0.00119.27N/AN/A1017010
2023-02-07$50.80$37.0023.4%5.1%14.8%21.7%0.0%1.6%1.2%28.1K-571.8K-1.4K0.00119.73N/AN/A18017110
2023-02-08$50.25$37.0017.0%4.9%15.4%6.7%0.0%-0.2%2.3%32.4K-589.8K-1.7K0.00120.15N/AN/A0018910
2023-02-09$49.92$37.0017.8%5.1%14.7%8.7%0.0%1.8%0.5%33.4K-571.5K-1.6K0.00119.49N/AN/A0018910
2023-02-10$49.86$37.0018.9%5.4%14.6%11.2%41.7%1.3%1.8%32.9K-531.6K-1.7K0.00116.75N/AN/A6018910
2023-02-13$50.48$37.0018.8%5.4%15.1%11.0%0.0%3.2%2.4%32.3K-579.9K-1.6K0.00120.55N/AN/A0019310
2023-02-14$50.55$37.0016.9%4.8%15.0%6.5%0.0%2.7%3.6%33.7K-598.1K-1.6K0.00120.31N/AN/A0019310
2023-02-15$50.52$37.0017.2%4.9%14.3%7.2%0.0%4.2%2.2%33.3K-594.4K-1.6K0.00121.83N/AN/A0019310
2023-02-16$49.97$37.0018.2%5.2%14.6%9.5%0.0%2.0%9.6%35.6K-556.0K-1.6K0.00120.75N/AN/A2019310
2023-02-17$50.49$37.0018.3%5.2%14.8%9.8%0.0%5.0%9.9%35.6K-588.6K-1.7K0.00119.08N/AN/A0019510
2023-02-21$49.69$37.0019.9%5.7%16.1%13.4%0.0%1.7%0.5%29.1K-531.1K-1.6K0.00121.45N/AN/A0018510
2023-02-22$49.27$37.0021.3%6.1%16.1%16.7%0.0%-0.5%0.8%28.7K-499.9K-1.6K0.00123.19N/AN/A0018510
2023-02-23$49.26$37.0022.2%6.4%15.8%18.8%0.0%1.5%-3.3%29.0K-486.8K-1.5K0.00120.30N/AN/A1018510
2023-02-24$48.77$37.0021.0%6.0%16.2%16.1%0.0%1.5%-7.2%31.2K-427.9K-1.5K0.00120.21N/AN/A0018410
2023-02-27$49.10$37.0021.9%6.3%16.1%18.2%0.0%1.4%-2.0%29.7K-478.2K-1.5K0.00123.05N/AN/A10018410
2023-02-28$48.84$37.0021.9%6.3%15.6%18.3%0.0%3.5%-4.8%30.2K-457.2K-1.5K0.00122.00N/AN/A0018510