CVLG Options History — October 2020

In October 2020, CVLG traded between $6.81 and $9.71. ATM implied volatility averaged 71.7%. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 15.5% (HV 20d: 56.2%). Max pain ranged from $6.25 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 4.51.

Notable Days

  • 2020-10-05: Highest Volume — 440 contracts
  • 2020-10-13: Largest IV spike — 25.9% change
  • 2020-10-28: Largest Expected Move — 25.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.66$6.81$9.71$8.59$6.96
Max Pain$7.56$6.25$10.00$7.50$7.50
ATM IV71.7%56.7%92.6%70.9%75.7%
Expected Move20.1%16.6%25.0%20.3%21.7%
HV 20d56.2%45.0%82.7%50.4%81.6%
HV 60d59.2%55.5%67.1%55.9%66.9%
Term Structure-5.4%-19.5%7.0%2.0%-6.6%
VWIV72.2%41.6%91.4%41.6%74.9%
Skew 25d13.3%6.8%24.1%8.5%22.4%
Skew 10d26.5%5.9%47.1%12.5%23.0%
Call IV 25d60.8%40.6%72.2%49.3%61.6%
Put IV 25d74.1%57.7%84.7%57.7%84.0%
Bid-Ask Spread %90.7761.23104.23104.1298.64
Gamma HHI0.420.230.790.260.24
Net GEX7.4K8530.5K5.9K85
Net DEX-197.4K-473.9K18.1K-225.1K18.1K
Net VEX-506-693-355-572-479
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.510.0029.500.000.00
Total Volume66.455044022
Total OI1,1526181,4648801,432

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$8.59$7.5070.9%20.3%50.4%0.0%41.6%8.5%2.0%5.9K-225.1K-5720.00104.12N/AN/A20630250
2020-10-02$8.84$7.5071.5%20.5%50.9%0.0%71.0%21.8%-8.1%5.9K-247.8K-52515.0098.44N/AN/A230628250
2020-10-05$8.90$10.0074.1%19.9%50.9%0.0%0.0%10.3%-8.2%5.9K-253.9K-4980.1086.73N/AN/A40040630256
2020-10-06$8.84$10.0077.1%19.6%49.3%0.0%0.0%10.2%-7.5%12.8K-297.1K-6660.0088.29N/AN/A001,030296
2020-10-07$9.04$10.0073.0%19.8%49.1%0.0%91.4%12.5%-8.1%14.6K-330.8K-6250.0085.34N/AN/A0301,030296
2020-10-08$9.22$6.2556.7%19.3%48.3%0.0%0.0%12.1%-5.0%16.6K-353.1K-5930.0087.26N/AN/A0561,030326
2020-10-09$8.88$6.2560.4%17.2%46.3%0.0%0.0%16.2%0.8%8.5K-254.7K-5470.0088.87N/AN/A0281,030386
2020-10-12$9.24$6.2573.6%20.4%47.2%0.0%63.9%13.0%-7.1%12.4K-324.3K-5350.0092.01N/AN/A1201,030412
2020-10-13$8.96$6.2592.6%19.4%47.1%0.0%0.0%8.5%-4.8%8.9K-262.9K-4870.0088.52N/AN/A001,038412
2020-10-14$9.03$6.2570.2%20.1%45.0%0.0%0.0%24.1%-4.9%3.0K-261.4K-4220.0093.37N/AN/A001,038412
2020-10-15$9.71$6.2561.3%17.6%51.1%0.0%69.6%16.1%-2.4%30.5K-473.9K-4993.0094.89N/AN/A4121,038412
2020-10-16$9.13$8.7557.9%16.6%54.0%0.0%54.7%10.7%-1.0%2.9K-324.5K-3550.00104.23N/AN/A4201,038426
2020-10-19$8.76$7.5062.3%17.9%56.5%0.0%75.8%6.8%7.0%2.9K-96.2K-4031.0087.33N/AN/A1414392226
2020-10-20$9.13$7.5073.2%21.0%57.2%0.0%82.4%14.0%-9.4%3.0K-95.2K-4069.0091.64N/AN/A218406244
2020-10-21$9.20$7.5075.5%21.6%56.8%0.0%86.9%17.5%-5.7%3.0K-95.8K-4199.0086.13N/AN/A218406262
2020-10-22$8.86$7.5072.4%20.7%57.0%0.0%72.0%10.6%-4.9%2.2K-75.3K-3710.0094.19N/AN/A4100406276
2020-10-23$8.70$7.5069.3%19.9%57.4%0.0%70.9%9.4%-6.6%8.3K-163.7K-6930.0086.23N/AN/A80814276
2020-10-26$8.71$7.5073.9%21.2%53.2%0.0%71.1%9.9%-7.5%8.6K-170.0K-6800.6761.23N/AN/A64822276
2020-10-27$7.84$7.5073.3%21.0%64.6%0.0%80.8%8.4%-6.7%3.9K-59.8K-4600.3292.22N/AN/A10032828308
2020-10-28$6.81$7.5087.2%25.0%80.3%0.0%83.2%12.8%-19.5%1.3K2.2K-40729.5097.80N/AN/A4118924338
2020-10-29$7.13$7.5076.4%21.9%82.7%0.0%64.8%16.0%-5.5%6063.5K-4940.0089.49N/AN/A520928456
2020-10-30$6.96$7.5075.7%21.7%81.6%0.0%74.9%22.4%-6.6%8518.1K-4790.0098.64N/AN/A02976456