CGW Options History — September 2023

In September 2023, CGW traded between $46.31 and $50.17. ATM implied volatility averaged 20.7%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 7.7% (HV 20d: 13.0%). Max pain ranged from $39.00 to $43.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2023-09-14: Highest Volume — 4 contracts
2023-09-26: Largest IV spike — 173.6% change
2023-09-26: Highest IV Rank — 87.0%
2023-09-26: Largest Expected Move — 14.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.30	$46.31	$50.17	$50.17	$46.47
Max Pain	$42.80	$39.00	$43.00	$39.00	$43.00
ATM IV	20.7%	13.4%	50.2%	17.1%	19.9%
Expected Move	5.0%	3.3%	14.4%	4.9%	5.7%
HV 20d	13.0%	11.9%	14.2%	11.9%	12.4%
HV 60d	12.5%	11.9%	12.9%	11.9%	12.2%
IV Rank	23.3%	7.5%	87.0%	15.6%	21.5%
IV Percentile	42.1%	4.8%	99.6%	30.2%	52.8%
Term Structure	-2.7%	-17.0%	1.5%	-6.1%	-3.4%
VWIV	20.3%	20.3%	20.3%	20.3%	20.3%
Skew 25d	1.3%	-2.2%	5.3%	-0.8%	0.3%
Skew 10d	2.7%	-1.3%	8.5%	0.6%	1.4%
Call IV 25d	17.5%	11.8%	32.5%	21.0%	21.7%
Put IV 25d	18.8%	14.1%	30.3%	20.2%	21.9%
Bid-Ask Spread %	129.35	124.49	147.16	126.95	124.49
Gamma HHI	0.37	0.23	0.53	0.44	0.25
Net GEX	10.3K	2.7K	19.7K	19.7K	3.6K
Net DEX	-76.8K	-170.6K	-25.3K	-170.6K	-28.7K
Net VEX	-240	-441	-146	-441	-171
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.6	0	4	0	1
Total OI	74.9	47	103	103	48

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2023-09-01	$50.17	$39.00	17.1%	4.9%	11.9%	15.6%	0.0%	-0.8%	-6.1%	19.7K	-170.6K	-441	126.95	N/A	N/A	0	103
2023-09-05	$49.29	$43.00	19.9%	4.1%	12.9%	21.5%	0.0%	-0.2%	-1.4%	17.8K	-135.9K	-390	126.61	N/A	N/A	0	103
2023-09-06	$49.02	$43.00	18.7%	3.8%	12.9%	19.0%	0.0%	-0.2%	0.5%	17.1K	-116.8K	-309	125.14	N/A	N/A	0	103
2023-09-07	$48.95	$43.00	24.6%	4.3%	12.7%	31.7%	0.0%	2.0%	-1.8%	15.4K	-116.8K	-312	131.86	N/A	N/A	0	103
2023-09-08	$48.76	$43.00	24.4%	4.2%	12.7%	31.4%	0.0%	3.9%	-1.8%	15.0K	-108.1K	-270	129.55	N/A	N/A	0	103
2023-09-11	$49.19	$43.00	30.9%	3.3%	13.2%	45.4%	0.0%	5.3%	-0.9%	17.3K	-122.7K	-301	130.07	N/A	N/A	0	103
2023-09-12	$48.85	$43.00	32.4%	4.2%	13.3%	48.5%	0.0%	3.3%	-1.9%	15.7K	-105.7K	-245	128.93	N/A	N/A	2	103
2023-09-13	$48.69	$43.00	14.4%	4.1%	12.8%	9.8%	0.0%	1.5%	-2.1%	14.2K	-100.9K	-219	130.81	N/A	N/A	0	101
2023-09-14	$49.48	$43.00	14.1%	4.1%	14.2%	9.1%	0.0%	1.8%	-0.9%	18.0K	-127.4K	-256	129.29	N/A	N/A	4	101
2023-09-15	$49.08	$43.00	14.3%	4.1%	13.3%	9.6%	0.0%	2.3%	-1.2%	18.2K	-112.6K	-238	128.76	N/A	N/A	2	103
2023-09-18	$48.93	$43.00	13.4%	3.8%	13.3%	7.5%	0.0%	0.3%	1.5%	4.9K	-38.3K	-201	127.42	N/A	N/A	1	47
2023-09-19	$48.73	$43.00	14.9%	4.3%	13.2%	10.8%	0.0%	1.0%	-1.8%	4.6K	-35.5K	-194	128.73	N/A	N/A	0	47
2023-09-20	$48.52	$43.00	14.7%	4.2%	13.3%	10.3%	0.0%	0.1%	-1.9%	5.1K	-39.6K	-217	127.33	N/A	N/A	0	47
2023-09-21	$47.74	$43.00	16.2%	4.6%	13.8%	13.6%	20.3%	1.0%	-1.7%	3.4K	-30.1K	-168	129.59	N/A	N/A	1	47
2023-09-22	$47.51	$43.00	16.5%	4.7%	13.5%	14.2%	0.0%	1.4%	-2.1%	3.5K	-29.6K	-168	130.33	N/A	N/A	0	47
2023-09-25	$47.38	$43.00	18.4%	5.3%	12.7%	18.2%	0.0%	1.9%	-3.0%	3.0K	-26.6K	-148	129.33	N/A	N/A	0	47
2023-09-26	$46.67	$43.00	50.2%	14.4%	13.2%	87.0%	0.0%	-2.2%	-17.0%	4.0K	-39.6K	-246	147.16	N/A	N/A	0	47
2023-09-27	$46.31	$43.00	18.8%	5.4%	12.1%	19.2%	0.0%	1.1%	-3.3%	2.7K	-25.3K	-146	126.52	N/A	N/A	1	47
2023-09-28	$46.31	$43.00	20.1%	5.7%	12.2%	21.9%	0.0%	3.1%	-2.5%	3.5K	-26.4K	-159	128.09	N/A	N/A	0	48
2023-09-29	$46.47	$43.00	19.9%	5.7%	12.4%	21.5%	0.0%	0.3%	-3.4%	3.6K	-28.7K	-171	124.49	N/A	N/A	1	48