CVLG Options History — June 2021

In June 2021, CVLG traded between $9.97 and $11.57. ATM implied volatility averaged 44.9%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 5.3% (HV 20d: 39.6%). Max pain ranged from $8.75 to $11.25. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 3.09.

Notable Days

  • 2021-06-30: Highest Volume — 206 contracts
  • 2021-06-14: Largest IV spike — 41.5% change
  • 2021-06-14: Highest IV Rank — 28.9%
  • 2021-06-08: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.83$9.97$11.57$11.57$10.36
Max Pain$9.60$8.75$11.25$11.25$10.00
ATM IV44.9%33.8%58.1%40.4%41.2%
Expected Move13.3%10.7%17.1%11.6%11.8%
HV 20d39.6%28.2%45.3%41.2%44.2%
HV 60d42.9%40.2%46.0%40.8%46.0%
IV Rank14.3%2.0%28.9%9.3%10.2%
IV Percentile10.4%0.5%29.3%1.9%5.3%
Term Structure5.2%-14.1%19.3%-2.6%0.9%
VWIV43.5%34.0%60.4%37.7%37.2%
Skew 25d8.0%-22.7%43.6%8.8%-3.7%
Skew 10d4.7%-18.9%60.5%3.6%-3.9%
Call IV 25d42.3%30.5%60.0%35.2%38.9%
Put IV 25d50.3%35.2%87.7%44.0%35.2%
Bid-Ask Spread %103.3178.53130.8996.5178.53
Gamma HHI0.480.350.860.450.57
Net GEX10.2K-4.3K29.1K18.6K-3.5K
Net DEX-187.0K-646.7K249.3K-451.0K-14.3K
Net VEX-681-1.2K-352-1.2K-370
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.090.0050.000.004.42
Total Volume56.455020614206
Total OI1,101.0913741,6621,418408

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$11.57$11.2540.4%11.6%41.2%9.3%37.7%8.8%-2.6%18.6K-451.0K-1.2K0.0096.51N/AN/A140954464
2021-06-02$11.16$11.2537.4%10.7%43.0%6.0%37.4%10.6%10.3%15.1K-223.1K-1.1K0.2595.36N/AN/A82952464
2021-06-03$11.13$8.7545.8%10.9%42.6%15.2%0.0%-12.2%11.7%15.0K-236.3K-1.1K1.00107.85N/AN/A22958466
2021-06-04$11.07$8.7533.8%14.5%41.4%2.0%0.0%0.8%5.0%15.4K-283.2K-1.0K0.0089.59N/AN/A360958466
2021-06-07$11.18$8.7544.1%14.0%37.3%13.4%0.0%4.0%10.6%15.4K-257.0K-9620.0096.67N/AN/A02958466
2021-06-08$11.35$8.7537.7%17.1%37.8%6.3%0.0%28.0%-5.9%17.2K-398.8K-8840.00105.54N/AN/A00958468
2021-06-09$11.16$8.7547.9%13.7%36.8%17.6%44.5%7.2%9.7%15.1K-260.7K-8540.00104.28N/AN/A2000958468
2021-06-10$11.04$8.7545.1%12.9%36.0%14.5%0.0%21.5%4.7%18.8K-250.8K-1.0K0.00130.89N/AN/A801,158468
2021-06-11$11.22$8.7541.1%11.8%28.2%10.0%43.9%16.3%9.8%21.4K-367.8K-1.0K0.00129.31N/AN/A12201,166468
2021-06-14$11.41$8.7558.1%16.7%28.7%28.9%0.0%21.0%-14.1%18.5K-446.5K-7200.00108.22N/AN/A3001,068468
2021-06-15$11.54$8.7547.5%13.6%28.9%17.2%49.5%5.1%-0.0%18.2K-599.3K-6550.36100.55N/AN/A2281,086468
2021-06-16$11.55$10.0047.5%13.6%28.9%17.1%0.0%13.4%14.6%17.1K-646.7K-5820.00108.86N/AN/A1801,090470
2021-06-17$10.63$10.0047.1%13.5%40.5%16.7%39.5%-5.5%19.3%7.7K141.7K-36950.00112.38N/AN/A21001,090470
2021-06-18$10.06$10.0050.5%14.5%44.3%20.5%50.0%6.5%11.1%29.1K249.3K-4260.3699.81N/AN/A2281,090572
2021-06-21$10.31$10.0052.6%15.1%45.2%22.8%37.4%16.4%-3.2%-1.2K-10.5K-4140.00107.75N/AN/A40220154
2021-06-22$10.37$10.0037.7%10.8%45.3%6.4%60.4%-22.7%5.1%-2.0K-23.6K-3850.00107.15N/AN/A1120224154
2021-06-23$10.29$10.0051.0%14.6%44.5%21.0%44.7%-12.3%-3.3%-390-20.8K-4220.2798.71N/AN/A14840234152
2021-06-24$10.46$10.0044.4%12.7%45.0%13.7%34.0%4.3%12.5%-1.3K-21.8K-4000.0090.24N/AN/A60234156
2021-06-25$10.42$10.0046.9%13.4%43.2%16.4%0.0%7.5%2.5%-1.6K-26.0K-3860.0091.95N/AN/A00238156
2021-06-28$9.97$10.0040.4%11.6%45.3%9.3%43.1%43.6%11.2%-4.3K21.4K-3521.20111.53N/AN/A1012240156
2021-06-29$10.06$10.0050.1%14.4%43.8%20.0%49.4%17.2%3.6%-2.9K12.0K-3830.88101.11N/AN/A5246240168
2021-06-30$10.36$10.0041.2%11.8%44.2%10.2%37.2%-3.7%0.9%-3.5K-14.3K-3704.4278.53N/AN/A38168240168