CGW Options History — November 2023

In November 2023, CGW traded between $45.83 and $50.50. ATM implied volatility averaged 17.9%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded below realized volatility by 3.2% (HV 20d: 21.1%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-11-16: Highest Volume — 14 contracts
  • 2023-11-08: Largest IV drop — 48.0% change
  • 2023-11-07: Highest IV Rank — 34.5%
  • 2023-11-01: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.84$45.83$50.50$45.83$50.47
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV17.9%13.5%25.9%21.1%18.2%
Expected Move4.8%3.9%6.1%6.1%5.2%
HV 20d21.1%18.0%24.6%18.0%20.3%
HV 60d17.7%15.0%18.8%15.0%18.1%
IV Rank17.3%7.6%34.5%24.2%17.9%
IV Percentile40.4%5.2%88.5%66.3%45.2%
Term Structure0.2%-7.2%14.8%-4.1%-3.6%
VWIV14.9%8.8%20.5%15.4%8.8%
Skew 25d4.6%-1.7%11.7%3.1%11.7%
Skew 10d2.0%-1.7%6.7%2.7%1.4%
Call IV 25d14.6%11.1%23.7%23.7%11.3%
Put IV 25d19.2%15.1%26.8%26.8%23.1%
Bid-Ask Spread %131.68127.89134.99128.44131.74
Gamma HHI0.300.170.500.350.25
Net GEX10.5K3.2K13.1K3.2K13.1K
Net DEX-110.9K-160.4K-21.9K-21.9K-160.3K
Net VEX-297-415-130-130-368
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.1901400
Total OI73.14355835582

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$45.83$0.0021.1%6.1%18.0%24.2%0.0%3.1%-4.1%3.2K-21.9K-1300.00128.44N/AN/A00541
2023-11-02$46.91$39.0021.3%4.3%19.8%24.6%15.4%3.0%2.1%4.1K-31.7K-1560.00129.03N/AN/A120541
2023-11-03$48.15$39.0019.5%5.1%21.6%20.7%20.5%0.1%-2.2%8.6K-87.2K-2700.00127.89N/AN/A30661
2023-11-06$47.46$39.0021.1%4.2%22.4%24.2%13.7%1.8%1.5%10.6K-78.3K-2420.00129.28N/AN/A30691
2023-11-07$47.39$39.0025.9%4.0%21.8%34.5%0.0%1.3%2.4%10.4K-74.3K-2280.00131.39N/AN/A00681
2023-11-08$47.17$39.0013.5%3.9%21.7%7.6%0.0%1.7%2.2%10.1K-69.6K-2230.00129.38N/AN/A00681
2023-11-09$47.14$39.0014.6%4.2%20.8%10.2%0.0%1.2%0.3%9.1K-70.2K-2330.00128.37N/AN/A00681
2023-11-10$47.63$39.0015.6%4.5%20.6%12.3%0.0%-0.1%0.4%10.4K-78.5K-2140.00129.42N/AN/A20681
2023-11-13$47.75$39.0016.3%4.7%19.8%13.8%0.0%-1.7%-0.4%11.1K-81.9K-2010.00131.64N/AN/A10681
2023-11-14$49.80$39.0014.8%4.2%24.6%10.6%16.0%3.8%4.1%8.8K-129.2K-2070.00128.83N/AN/A100691
2023-11-15$49.62$39.0016.6%4.8%22.0%14.5%0.0%4.0%0.2%9.7K-119.4K-2870.00131.37N/AN/A00691
2023-11-16$49.57$39.0016.0%4.6%21.9%13.2%0.0%3.4%14.8%9.8K-117.5K-2850.00134.24N/AN/A140691
2023-11-17$49.85$39.0016.3%4.7%21.6%13.7%0.0%5.3%14.7%12.6K-153.1K-4150.00133.28N/AN/A00821
2023-11-20$49.72$39.0016.5%4.7%21.7%14.2%0.0%5.3%-2.5%12.2K-139.0K-4050.00133.74N/AN/A00801
2023-11-21$49.56$39.0017.1%4.9%21.9%15.5%0.0%5.9%-3.5%12.2K-134.9K-4010.00134.99N/AN/A00801
2023-11-22$49.95$39.0015.7%4.5%20.9%12.5%0.0%8.6%-0.9%12.2K-146.5K-4000.00134.59N/AN/A00801
2023-11-24$50.41$39.0017.7%5.1%20.9%16.9%0.0%8.9%-2.5%12.9K-157.9K-4010.00134.69N/AN/A00801
2023-11-27$50.50$39.0018.3%5.2%20.1%18.1%8.8%10.0%-3.9%12.8K-159.8K-3890.00134.03N/AN/A10801
2023-11-28$50.33$39.0020.1%5.8%20.3%22.0%0.0%9.8%-6.9%13.0K-157.3K-3910.00134.46N/AN/A00811
2023-11-29$50.41$39.0020.4%5.8%20.3%22.6%0.0%10.5%-7.2%12.7K-160.4K-3900.00134.38N/AN/A00811
2023-11-30$50.47$39.0018.2%5.2%20.3%17.9%0.0%11.7%-3.6%13.1K-160.3K-3680.00131.74N/AN/A00811