CHFN Options History — March 2018

In March 2018, CHFN traded between $19.84 and $21.83. ATM implied volatility averaged 127.6%, placing in the 51.4% IV rank vs the trailing year. The 30-day expected move averaged 31.1%. IV traded above realized volatility by 105.7% (HV 20d: 21.9%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.24.

Notable Days

2018-03-01: Highest Volume — 45 contracts
2018-03-09: Largest IV drop — 54.0% change
2018-03-02: Highest IV Rank — 84.5%
2018-03-02: Largest Expected Move — 46.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.70	$19.84	$21.83	$19.84	$20.50
Max Pain	$15.00	$15.00	$15.00	$15.00	$15.00
ATM IV	127.6%	91.6%	199.0%	159.5%	128.0%
Expected Move	31.1%	26.0%	46.7%	45.7%	36.7%
HV 20d	21.9%	19.2%	33.0%	32.9%	21.1%
HV 60d	25.5%	24.6%	26.2%	26.1%	25.2%
IV Rank	51.4%	40.7%	84.5%	82.3%	63.2%
IV Percentile	31.1%	10.7%	92.5%	92.1%	58.3%
Term Structure	-40.9%	-75.0%	-25.1%	-75.0%	-35.8%
VWIV	167.2%	166.2%	168.1%	166.2%	168.1%
Skew 25d	5.1%	0.2%	7.5%	7.5%	3.9%
Skew 10d	39.8%	17.2%	49.7%	47.0%	40.5%
Call IV 25d	138.7%	118.3%	173.7%	118.3%	173.7%
Put IV 25d	143.8%	125.8%	177.6%	125.8%	177.6%
Bid-Ask Spread %	160.52	158.20	163.27	163.27	162.01
Gamma HHI	0.79	0.51	1.00	0.76	1.00
Net GEX	1.0K	364	2.3K	1.1K	578
Net DEX	-59.7K	-86.0K	-35.1K	-64.3K	-35.7K
Net VEX	-87	-111	-61	-83	-69
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.24	0.00	0.45	0.00	0.45
Total Volume	28.667	16	45	45	16
Total OI	42.571	33	53	47	33

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-03-01	$19.84	$15.00	159.5%	45.7%	32.9%	82.3%	166.2%	7.5%	-75.0%	1.1K	-64.3K	-83	0.00	163.27	N/A	N/A	45	0	47	0
2018-03-02	$19.91	$15.00	163.1%	46.7%	33.0%	84.5%	168.1%	7.2%	-74.2%	1.1K	-64.8K	-81	0.00	161.98	N/A	N/A	45	0	47	0
2018-03-05	$19.97	$0.00	184.4%	26.5%	32.7%	41.7%	0.0%	7.3%	-53.8%	1.2K	-65.1K	-77	0.00	160.88	N/A	N/A	45	0	47	0
2018-03-06	$20.02	$0.00	194.6%	26.0%	19.9%	40.7%	0.0%	7.1%	-65.7%	1.4K	-67.6K	-91	0.00	161.45	N/A	N/A	45	0	47	0
2018-03-07	$20.49	$0.00	189.8%	26.7%	20.5%	42.0%	0.0%	5.1%	-45.9%	2.3K	-74.9K	-66	0.00	160.09	N/A	N/A	31	0	47	0
2018-03-08	$20.57	$0.00	199.0%	26.2%	20.4%	41.0%	0.0%	5.6%	-52.6%	2.3K	-76.6K	-98	0.00	160.86	N/A	N/A	31	0	48	0
2018-03-09	$20.90	$0.00	91.6%	26.3%	19.7%	41.1%	0.0%	5.3%	-25.1%	2.0K	-80.8K	-61	0.16	159.79	N/A	N/A	31	5	48	0
2018-03-12	$21.01	$0.00	94.7%	27.2%	19.7%	43.1%	0.0%	5.3%	-40.2%	1.5K	-79.2K	-82	0.16	160.04	N/A	N/A	31	5	48	5
2018-03-13	$21.00	$0.00	96.0%	27.5%	19.8%	43.8%	0.0%	5.5%	-41.8%	1.4K	-79.8K	-83	0.16	160.18	N/A	N/A	31	5	48	5
2018-03-14	$20.77	$0.00	97.9%	28.1%	19.2%	45.0%	0.0%	5.3%	-38.6%	1.6K	-79.7K	-111	0.16	159.10	N/A	N/A	31	5	48	5
2018-03-15	$21.26	$0.00	92.1%	26.4%	20.2%	41.5%	0.0%	5.4%	-30.0%	624	-82.3K	-102	0.16	160.44	N/A	N/A	31	5	48	5
2018-03-16	$21.67	$0.00	92.7%	26.6%	19.7%	41.8%	0.0%	5.5%	-27.4%	579	-86.0K	-93	0.16	160.25	N/A	N/A	31	5	48	5
2018-03-19	$21.83	$0.00	96.6%	27.7%	19.7%	44.2%	0.0%	5.3%	-27.5%	548	-45.5K	-76	0.45	159.70	N/A	N/A	11	5	29	5
2018-03-20	$21.28	$0.00	99.2%	28.5%	19.6%	45.8%	0.0%	5.0%	-30.4%	426	-41.2K	-78	0.45	159.70	N/A	N/A	11	5	28	5
2018-03-21	$21.01	$0.00	108.0%	31.0%	19.9%	51.1%	0.0%	4.7%	-26.7%	513	-37.3K	-100	0.45	158.20	N/A	N/A	11	5	28	5
2018-03-22	$20.94	$0.00	110.1%	31.6%	20.0%	52.4%	0.0%	5.1%	-28.0%	533	-40.7K	-95	0.45	161.26	N/A	N/A	11	5	28	5
2018-03-23	$20.66	$0.00	112.9%	32.4%	19.8%	54.1%	0.0%	4.9%	-30.3%	557	-39.3K	-94	0.45	160.18	N/A	N/A	11	5	28	5
2018-03-26	$20.63	$0.00	119.6%	34.3%	19.8%	58.1%	0.0%	5.1%	-34.5%	557	-39.1K	-92	0.45	160.18	N/A	N/A	11	5	28	5
2018-03-27	$20.26	$0.00	123.4%	35.4%	20.9%	60.4%	0.0%	0.3%	-38.0%	364	-35.1K	-106	0.45	160.41	N/A	N/A	11	5	28	5
2018-03-28	$20.26	$0.00	126.0%	36.1%	20.9%	62.1%	0.0%	0.2%	-38.2%	697	-37.8K	-82	0.45	160.94	N/A	N/A	11	5	28	5
2018-03-29	$20.50	$0.00	128.0%	36.7%	21.1%	63.2%	0.0%	3.9%	-35.8%	578	-35.7K	-69	0.45	162.01	N/A	N/A	11	5	28	5