CGW Options History — May 2025

In May 2025, CGW traded between $57.96 and $61.28. ATM implied volatility averaged 18.5%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 1.4% (HV 20d: 19.9%). Max pain ranged from $52.47 to $52.47. 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

2025-05-27: Highest Volume — 62 contracts
2025-05-14: Largest IV drop — 61.5% change
2025-05-13: Highest IV Rank — 47.0%
2025-05-02: Largest Expected Move — 7.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.78	$57.96	$61.28	$57.96	$61.08
Max Pain	$52.47	$52.47	$52.47	$52.47	$52.47
ATM IV	18.5%	11.5%	33.1%	22.2%	16.6%
Expected Move	4.3%	3.2%	7.3%	6.4%	4.8%
HV 20d	19.9%	11.1%	38.2%	38.2%	11.8%
HV 60d	23.6%	23.3%	23.9%	23.5%	23.8%
IV Rank	14.5%	0.0%	47.0%	22.0%	11.4%
IV Percentile	51.0%	0.0%	96.8%	88.5%	55.6%
Term Structure	-0.6%	-9.7%	4.2%	-4.0%	-3.4%
VWIV	15.9%	13.0%	20.0%	13.0%	20.0%
Skew 25d	1.7%	-0.2%	5.2%	5.2%	1.0%
Skew 10d	3.2%	0.7%	8.4%	6.4%	2.4%
Call IV 25d	15.4%	13.1%	25.2%	18.0%	16.7%
Put IV 25d	17.1%	14.3%	25.6%	23.2%	17.7%
Bid-Ask Spread %	132.96	127.66	139.88	139.88	128.92
Gamma HHI	0.62	0.35	0.75	0.35	0.60
Net GEX	16.0K	3.7K	53.1K	3.7K	50.8K
Net DEX	-133.9K	-299.4K	-53.6K	-53.6K	-299.4K
Net VEX	-282	-621	-152	-152	-589
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	4.286	0	62	10	6
Total OI	37.952	16	95	16	95

Daily Data (21 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	Put Vol	Call OI	Put OI
2025-05-01	$57.96	$0.00	22.2%	6.4%	38.2%	22.0%	0.0%	5.2%	-4.0%	3.7K	-53.6K	-152	139.88	N/A	N/A	10	0	16	0
2025-05-02	$58.16	$0.00	25.3%	7.3%	38.2%	29.2%	0.0%	0.4%	-9.7%	6.1K	-81.8K	-236	137.29	N/A	N/A	1	0	26	0
2025-05-05	$58.97	$52.47	20.8%	4.6%	33.8%	18.8%	0.0%	1.8%	-0.6%	8.7K	-89.1K	-226	131.15	N/A	N/A	0	0	26	0
2025-05-06	$58.93	$52.47	21.5%	4.5%	31.4%	20.4%	0.0%	1.6%	0.4%	8.6K	-88.1K	-225	129.56	N/A	N/A	0	0	26	0
2025-05-07	$58.70	$52.47	21.3%	4.7%	29.4%	20.0%	0.0%	3.2%	0.4%	8.9K	-84.0K	-223	130.71	N/A	N/A	3	0	26	0
2025-05-08	$58.86	$52.47	22.2%	4.2%	23.0%	22.1%	0.0%	1.8%	1.3%	9.7K	-92.6K	-248	130.88	N/A	N/A	0	0	28	0
2025-05-09	$59.05	$52.47	23.7%	4.2%	21.6%	25.6%	0.0%	2.0%	1.0%	9.9K	-97.7K	-245	135.76	N/A	N/A	1	0	28	0
2025-05-12	$59.30	$52.47	28.2%	3.5%	18.7%	35.7%	0.0%	2.1%	4.2%	11.4K	-103.0K	-251	136.81	N/A	N/A	0	0	29	0
2025-05-13	$59.30	$52.47	33.1%	3.2%	18.4%	47.0%	0.0%	1.5%	0.9%	11.6K	-103.9K	-246	138.76	N/A	N/A	0	0	29	0
2025-05-14	$59.08	$52.47	12.7%	3.6%	18.6%	0.4%	0.0%	2.0%	2.5%	11.6K	-98.1K	-247	135.78	N/A	N/A	0	0	29	0
2025-05-15	$59.66	$52.47	12.8%	3.7%	18.0%	0.5%	0.0%	1.6%	0.6%	12.4K	-112.0K	-237	129.91	N/A	N/A	0	1	29	0
2025-05-16	$60.56	$52.47	11.8%	3.4%	17.4%	0.0%	0.0%	0.8%	-1.6%	13.0K	-123.0K	-233	127.71	N/A	N/A	0	0	29	1
2025-05-19	$60.70	$52.47	11.5%	3.3%	15.1%	0.0%	0.0%	1.1%	3.4%	11.8K	-138.3K	-198	132.00	N/A	N/A	0	0	29	1
2025-05-20	$61.10	$52.47	13.6%	3.9%	12.1%	4.7%	13.0%	2.0%	-0.3%	9.1K	-134.4K	-207	136.48	N/A	N/A	2	0	29	1
2025-05-21	$60.33	$52.47	15.2%	4.3%	12.7%	8.1%	0.0%	2.4%	-1.8%	10.9K	-125.2K	-244	137.75	N/A	N/A	0	0	31	1
2025-05-22	$60.33	$52.47	14.3%	4.1%	12.5%	6.2%	0.0%	2.4%	-0.9%	11.2K	-125.8K	-239	136.15	N/A	N/A	0	0	31	1
2025-05-23	$60.25	$52.47	14.2%	4.1%	11.3%	6.0%	14.5%	2.2%	1.6%	11.6K	-125.6K	-233	132.36	N/A	N/A	4	0	31	1
2025-05-27	$61.28	$52.47	15.6%	4.5%	11.1%	9.1%	16.0%	-0.2%	-3.2%	13.7K	-150.1K	-236	128.08	N/A	N/A	62	0	33	1
2025-05-28	$60.76	$52.47	14.9%	4.3%	11.8%	7.6%	0.0%	1.0%	-1.6%	48.4K	-294.3K	-621	128.56	N/A	N/A	0	0	94	1
2025-05-29	$61.05	$52.47	15.9%	4.6%	11.8%	9.8%	0.0%	0.4%	-2.8%	53.1K	-291.3K	-596	127.66	N/A	N/A	0	0	94	1
2025-05-30	$61.08	$52.47	16.6%	4.8%	11.8%	11.4%	20.0%	1.0%	-3.4%	50.8K	-299.4K	-589	128.92	N/A	N/A	6	0	94	1