CGW Options History — September 2025

In September 2025, CGW traded between $62.53 and $64.52. ATM implied volatility averaged 14.6%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 0.5% (HV 20d: 15.1%). Max pain ranged from $51.00 to $64.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2025-09-15: Highest Volume — 4 contracts
2025-09-30: Largest IV drop — 28.3% change
2025-09-08: Highest IV Rank — 14.3%
2025-09-03: Largest Expected Move — 5.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$63.64	$62.53	$64.52	$62.87	$64.34
Max Pain	$62.76	$51.00	$64.00	$51.00	$64.00
ATM IV	14.6%	11.4%	17.7%	15.9%	11.4%
Expected Move	4.0%	3.1%	5.0%	4.6%	3.3%
HV 20d	15.1%	13.4%	16.8%	13.4%	14.3%
HV 60d	12.1%	11.4%	12.8%	11.4%	12.0%
IV Rank	7.5%	0.2%	14.3%	10.2%	0.2%
IV Percentile	31.3%	0.8%	66.3%	48.8%	0.8%
Term Structure	-2.5%	-5.9%	1.2%	-3.8%	-1.1%
VWIV	11.0%	11.0%	11.0%	11.0%	11.0%
Skew 25d	0.3%	-4.9%	5.0%	1.2%	2.8%
Skew 10d	-0.4%	-7.1%	8.6%	1.2%	-4.3%
Call IV 25d	14.5%	11.8%	17.8%	17.8%	15.3%
Put IV 25d	14.7%	10.9%	19.0%	19.0%	18.2%
Bid-Ask Spread %	142.31	125.58	155.61	132.24	153.23
Gamma HHI	0.30	0.26	0.36	0.29	0.34
Net GEX	-449	-1.4K	953	953	-1.4K
Net DEX	-63.2K	-89.8K	-19.0K	-70.8K	-40.1K
Net VEX	-225	-245	-194	-229	-209
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	0.333	0	4	0	0
Total OI	27.143	23	32	27	23

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
2025-09-02	$62.87	$51.00	15.9%	4.6%	13.4%	10.2%	0.0%	1.2%	-3.8%	953	-70.8K	-229	132.24	N/A	N/A	0	0	19	8
2025-09-03	$63.02	$51.00	17.5%	5.0%	13.4%	13.8%	0.0%	1.6%	-5.1%	883	-70.1K	-226	129.56	N/A	N/A	0	0	19	8
2025-09-04	$63.43	$64.00	17.0%	3.5%	13.4%	12.6%	0.0%	1.4%	-1.0%	489	-77.4K	-216	151.03	N/A	N/A	0	0	19	8
2025-09-05	$64.52	$64.00	14.4%	3.1%	14.6%	7.0%	0.0%	1.6%	1.2%	-97	-89.8K	-198	148.95	N/A	N/A	0	0	19	8
2025-09-08	$64.51	$64.00	17.7%	3.9%	14.5%	14.3%	0.0%	2.2%	-4.7%	376	-86.5K	-194	143.82	N/A	N/A	0	0	19	8
2025-09-09	$63.13	$64.00	16.7%	4.3%	16.5%	12.1%	11.0%	2.2%	-1.8%	886	-75.7K	-209	128.64	N/A	N/A	0	2	19	8
2025-09-10	$64.06	$64.00	13.0%	3.7%	16.8%	3.7%	0.0%	5.0%	-2.9%	-471	-77.5K	-205	133.78	N/A	N/A	0	1	19	10
2025-09-11	$64.06	$64.00	14.3%	4.1%	16.3%	6.6%	0.0%	2.7%	-0.6%	-626	-76.5K	-226	125.58	N/A	N/A	0	0	19	11
2025-09-12	$64.15	$64.00	15.3%	4.4%	16.1%	8.9%	0.0%	-0.3%	-2.3%	-685	-77.2K	-222	135.65	N/A	N/A	0	0	19	11
2025-09-15	$64.05	$64.00	13.7%	3.9%	16.1%	5.3%	0.0%	-3.4%	0.3%	-1.0K	-76.9K	-216	141.95	N/A	N/A	4	0	19	11
2025-09-16	$63.81	$64.00	14.7%	4.2%	16.1%	7.5%	0.0%	-4.8%	-5.9%	-304	-85.7K	-243	140.18	N/A	N/A	0	0	21	11
2025-09-17	$63.53	$64.00	12.6%	3.6%	16.0%	2.9%	0.0%	0.7%	0.8%	-736	-86.2K	-245	131.84	N/A	N/A	0	0	21	11
2025-09-18	$63.88	$64.00	14.1%	4.1%	16.0%	6.4%	0.0%	-2.4%	-5.9%	-1.0K	-83.6K	-240	138.46	N/A	N/A	0	0	21	11
2025-09-19	$63.66	$64.00	14.3%	4.1%	15.9%	6.8%	0.0%	0.6%	-3.5%	-560	-83.7K	-235	141.75	N/A	N/A	0	0	21	11
2025-09-22	$63.50	$64.00	13.4%	3.9%	14.6%	4.8%	0.0%	1.7%	-0.3%	-1.0K	-31.1K	-243	150.88	N/A	N/A	0	0	13	10
2025-09-23	$63.59	$64.00	13.5%	3.9%	14.3%	5.0%	0.0%	-3.0%	-2.4%	-1.1K	-34.4K	-231	154.09	N/A	N/A	0	0	13	10
2025-09-24	$63.15	$64.00	14.0%	4.0%	14.4%	6.0%	0.0%	-0.9%	-2.5%	-1.2K	-27.8K	-239	144.77	N/A	N/A	0	0	13	10
2025-09-25	$62.53	$64.00	14.4%	4.1%	14.7%	6.8%	0.0%	-4.9%	-3.5%	-876	-19.0K	-243	154.34	N/A	N/A	0	0	13	10
2025-09-26	$63.21	$64.00	13.8%	3.9%	15.3%	5.5%	0.0%	0.0%	-1.9%	-868	-26.0K	-239	152.15	N/A	N/A	0	0	13	10
2025-09-29	$63.49	$64.00	15.9%	4.6%	15.3%	10.2%	0.0%	1.7%	-5.7%	-1.1K	-32.1K	-222	155.61	N/A	N/A	0	0	13	10
2025-09-30	$64.34	$64.00	11.4%	3.3%	14.3%	0.2%	0.0%	2.8%	-1.1%	-1.4K	-40.1K	-209	153.23	N/A	N/A	0	0	13	10