CGW Options History — May 2023

In May 2023, CGW traded between $48.34 and $50.73. ATM implied volatility averaged 17.8%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 5.6% (HV 20d: 12.2%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-10: Highest Volume — 10 contracts
  • 2023-05-23: Largest IV spike — 42.6% change
  • 2023-05-09: Highest IV Rank — 26.3%
  • 2023-05-31: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.66$48.34$50.73$49.77$48.47
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV17.8%12.9%23.2%18.3%20.9%
Expected Move4.9%3.7%6.0%5.3%6.0%
HV 20d12.2%11.5%12.8%12.2%12.2%
HV 60d14.4%13.9%14.7%14.7%14.1%
IV Rank14.4%3.5%26.3%15.5%21.2%
IV Percentile16.2%1.6%46.0%14.7%35.7%
Term Structure-0.3%-6.0%5.2%-3.9%-4.7%
VWIV20.1%16.0%24.2%16.0%24.2%
Skew 25d5.8%1.5%11.6%1.6%11.6%
Skew 10d6.6%0.1%12.0%2.4%11.0%
Call IV 25d14.3%9.7%21.0%20.7%11.7%
Put IV 25d20.2%17.7%23.6%22.3%23.3%
Bid-Ask Spread %123.57121.00126.86126.86124.24
Gamma HHI0.630.560.700.590.65
Net GEX40.2K34.4K50.1K38.3K38.5K
Net DEX-349.9K-439.7K-235.4K-374.1K-235.4K
Net VEX-1.0K-1.2K-750-1.2K-750
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.04501000
Total OI162.136158170158170

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$49.77$0.0018.3%5.3%12.2%15.5%0.0%1.6%-3.9%38.3K-374.1K-1.2K0.00126.86N/AN/A001580
2023-05-02$49.54$0.0018.6%5.3%12.3%16.0%0.0%2.4%-3.6%36.9K-340.3K-1.1K0.00122.44N/AN/A001580
2023-05-03$49.82$0.0019.7%5.7%11.5%18.6%0.0%3.7%-6.0%37.0K-371.1K-1.2K0.00122.51N/AN/A001580
2023-05-04$49.95$45.0021.0%5.3%11.5%21.4%0.0%3.4%1.3%35.0K-366.9K-1.1K0.00121.45N/AN/A001580
2023-05-05$50.73$45.0019.4%4.4%12.5%17.9%0.0%3.4%3.8%37.5K-439.7K-1.1K0.00121.00N/AN/A001580
2023-05-08$50.51$45.0021.9%4.5%12.7%23.4%0.0%7.6%1.5%39.8K-427.5K-1.1K0.00122.96N/AN/A001580
2023-05-09$50.41$45.0023.2%4.7%12.3%26.3%0.0%3.1%3.5%38.3K-413.6K-1.1K0.00124.26N/AN/A001580
2023-05-10$50.62$45.0015.4%4.4%12.3%9.0%0.0%9.8%5.2%39.8K-430.3K-1.1K0.00121.50N/AN/A1001580
2023-05-11$50.09$45.0017.2%4.9%12.7%12.9%0.0%6.9%0.4%38.3K-385.2K-1.1K0.00124.03N/AN/A001580
2023-05-12$50.01$45.0016.3%4.7%11.8%11.0%0.0%8.6%1.0%39.9K-379.4K-1.1K0.00123.81N/AN/A001580
2023-05-15$50.19$45.0016.0%4.6%11.8%10.2%0.0%8.7%2.5%42.4K-391.0K-1.0K0.00122.54N/AN/A101580
2023-05-16$49.62$45.0015.9%4.6%12.5%10.1%16.0%6.1%0.5%43.0K-352.0K-1.0K0.00122.37N/AN/A201590
2023-05-17$49.69$45.0015.7%4.5%12.5%9.7%0.0%2.2%1.8%41.0K-355.8K-1.0K0.00122.89N/AN/A001600
2023-05-18$49.67$45.0016.2%4.7%12.5%10.8%0.0%2.4%1.1%41.3K-354.8K-1.0K0.00126.07N/AN/A001600
2023-05-19$49.87$45.0016.9%4.9%12.2%12.4%24.2%8.6%-3.0%43.5K-375.4K-1.0K0.00125.69N/AN/A1001600
2023-05-22$49.88$45.0012.9%3.7%12.2%3.5%0.0%9.2%-1.1%50.1K-372.4K-9680.00122.33N/AN/A001700
2023-05-23$49.41$45.0018.4%5.3%12.0%15.7%0.0%1.5%-3.6%41.5K-334.2K-9540.00123.94N/AN/A001700
2023-05-24$48.52$45.0016.0%4.6%12.8%10.3%0.0%9.0%3.2%38.4K-252.3K-8680.00124.01N/AN/A001700
2023-05-25$48.34$45.0020.3%5.8%11.7%19.8%0.0%2.5%-3.2%34.4K-239.3K-8120.00124.97N/AN/A001700
2023-05-26$48.80$45.0015.4%4.4%12.3%9.0%0.0%7.6%-4.2%46.9K-251.6K-8190.00123.31N/AN/A001700
2023-05-30$48.68$45.0016.9%4.8%12.2%12.2%0.0%8.2%1.6%41.6K-255.5K-7900.00125.38N/AN/A001700
2023-05-31$48.47$45.0020.9%6.0%12.2%21.2%0.0%11.6%-4.7%38.5K-235.4K-7500.00124.24N/AN/A001700