CVLG Options History — February 2021

In February 2021, CVLG traded between $7.82 and $9.32. ATM implied volatility averaged 62.2%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 18.0%. IV traded above realized volatility by 10.4% (HV 20d: 51.7%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.06.

Notable Days

2021-02-03: Highest Volume — 480 contracts
2021-02-09: Largest IV spike — 58.8% change
2021-02-09: Highest IV Rank — 48.3%
2021-02-03: Largest Expected Move — 22.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.82	$7.82	$9.32	$7.82	$9.22
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	62.2%	39.9%	79.7%	66.1%	64.8%
Expected Move	18.0%	14.7%	22.3%	19.0%	18.6%
HV 20d	51.7%	34.6%	57.6%	57.6%	34.6%
HV 60d	48.1%	46.1%	51.2%	51.2%	46.1%
IV Rank	25.4%	0.0%	48.3%	0.0%	30.2%
IV Percentile	33.5%	0.0%	92.2%	0.0%	48.9%
Term Structure	-2.9%	-26.6%	24.8%	-10.7%	-6.9%
VWIV	60.0%	37.5%	77.0%	74.5%	63.5%
Skew 25d	12.0%	-15.4%	31.8%	24.9%	-15.4%
Skew 10d	9.3%	-37.6%	33.9%	-4.6%	-37.6%
Call IV 25d	53.2%	39.7%	77.2%	43.1%	77.2%
Put IV 25d	65.2%	55.6%	78.4%	68.0%	61.8%
Bid-Ask Spread %	104.31	90.04	119.40	108.87	108.85
Gamma HHI	0.54	0.30	0.80	0.32	0.75
Net GEX	16.4K	2.8K	38.1K	3.7K	3.2K
Net DEX	-423.0K	-749.6K	-154.4K	-230.0K	-177.6K
Net VEX	-858	-1.8K	-371	-1.8K	-376
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.40	0.02	0.03
Total Volume	125.158	0	480	116	412
Total OI	3,609.789	414	5,138	5,050	428

Daily Data (19 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
2021-02-01	$7.82	$7.50	66.1%	19.0%	57.6%	0.0%	74.5%	24.9%	-10.7%	3.7K	-230.0K	-1.8K	0.02	108.87	N/A	N/A	114	2	2,280	2,770
2021-02-02	$8.05	$7.50	64.2%	18.4%	55.3%	0.0%	44.4%	24.4%	-2.8%	23.7K	-438.2K	-1.1K	0.19	105.31	N/A	N/A	94	18	2,288	2,850
2021-02-03	$8.03	$7.50	77.7%	22.3%	54.1%	0.0%	67.6%	14.9%	-26.6%	6.2K	-353.3K	-1.7K	0.00	107.53	N/A	N/A	480	0	2,198	2,858
2021-02-04	$8.18	$7.50	39.9%	14.8%	53.1%	0.0%	0.0%	17.2%	17.8%	13.5K	-337.2K	-1.1K	0.00	104.56	N/A	N/A	0	20	1,924	2,858
2021-02-05	$8.40	$7.50	46.6%	15.9%	53.9%	8.2%	0.0%	15.7%	-0.9%	17.6K	-482.9K	-1.2K	0.00	100.00	N/A	N/A	410	0	1,924	2,874
2021-02-08	$8.63	$7.50	50.2%	18.7%	54.3%	12.6%	37.5%	5.8%	-10.1%	25.2K	-485.5K	-846	0.00	92.38	N/A	N/A	112	0	1,942	2,874
2021-02-09	$9.04	$7.50	79.7%	16.5%	56.1%	48.3%	77.0%	31.8%	4.2%	35.1K	-749.6K	-1.2K	0.08	103.77	N/A	N/A	250	20	1,942	2,874
2021-02-10	$9.11	$7.50	63.9%	18.3%	55.4%	29.1%	69.5%	8.2%	5.3%	28.7K	-681.0K	-1.1K	0.00	90.04	N/A	N/A	66	0	1,738	2,886
2021-02-11	$9.12	$7.50	60.8%	17.4%	53.0%	25.4%	0.0%	10.3%	-1.3%	31.6K	-600.7K	-899	0.00	94.15	N/A	N/A	6	0	1,764	2,886
2021-02-12	$9.11	$7.50	65.9%	18.9%	52.0%	31.6%	61.8%	15.1%	5.5%	26.7K	-687.5K	-1.2K	0.02	100.08	N/A	N/A	84	2	1,764	2,886
2021-02-16	$9.30	$7.50	64.7%	18.5%	51.6%	30.1%	56.2%	22.8%	9.7%	38.1K	-702.1K	-787	0.40	104.12	N/A	N/A	100	40	1,730	2,888
2021-02-17	$8.98	$7.50	77.2%	22.1%	53.5%	45.2%	61.6%	17.1%	-20.3%	27.1K	-532.7K	-628	0.00	101.80	N/A	N/A	48	0	1,650	2,868
2021-02-18	$8.91	$7.50	59.2%	17.0%	53.8%	23.4%	0.0%	17.5%	-9.8%	15.0K	-427.4K	-396	0.00	119.40	N/A	N/A	28	0	1,638	2,868
2021-02-19	$9.09	$7.50	68.1%	19.5%	52.8%	34.2%	67.8%	-1.4%	4.7%	3.3K	-462.5K	-395	0.26	108.97	N/A	N/A	38	10	1,610	2,868
2021-02-22	$8.86	$7.50	59.7%	17.1%	52.7%	24.0%	59.4%	-2.7%	-8.4%	3.1K	-154.4K	-385	0.00	98.35	N/A	N/A	12	0	326	90
2021-02-23	$9.13	$7.50	51.4%	14.7%	53.0%	14.0%	0.0%	2.7%	24.8%	3.5K	-174.2K	-371	0.00	110.69	N/A	N/A	4	0	324	90
2021-02-24	$9.29	$7.50	64.4%	18.5%	45.8%	29.7%	0.0%	-4.3%	-17.6%	3.3K	-181.8K	-380	0.00	110.05	N/A	N/A	0	0	324	90
2021-02-25	$9.32	$7.50	56.5%	16.2%	40.2%	20.2%	39.5%	24.4%	-12.4%	2.8K	-178.8K	-409	0.00	112.97	N/A	N/A	0	8	324	90
2021-02-26	$9.22	$7.50	64.8%	18.6%	34.6%	30.2%	63.5%	-15.4%	-6.9%	3.2K	-177.6K	-376	0.03	108.85	N/A	N/A	400	12	324	104