CVLG Options History — July 2021

In July 2021, CVLG traded between $9.37 and $10.65. ATM implied volatility averaged 49.8%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 4.7% (HV 20d: 45.0%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.84.

Notable Days

  • 2021-07-22: Highest Volume — 1,016 contracts
  • 2021-07-29: Largest IV spike — 71.0% change
  • 2021-07-12: Highest IV Rank — 53.8%
  • 2021-07-13: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.93$9.37$10.65$10.65$10.49
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV49.8%23.4%80.7%39.3%24.1%
Expected Move14.0%6.7%18.4%11.3%6.9%
HV 20d45.0%39.0%51.4%45.7%39.2%
HV 60d45.8%41.8%48.0%45.5%41.9%
IV Rank21.3%0.0%53.8%8.1%0.7%
IV Percentile27.7%0.0%95.7%2.6%0.4%
Term Structure-2.2%-16.8%26.6%20.1%26.4%
VWIV45.7%24.0%60.8%40.5%37.5%
Skew 25d3.4%-14.3%24.5%24.5%-12.8%
Skew 10d15.1%-15.8%63.0%63.0%-4.5%
Call IV 25d47.7%29.3%67.2%35.8%39.3%
Put IV 25d51.0%26.6%60.4%60.4%26.6%
Bid-Ask Spread %89.8436.98121.53117.18111.52
Gamma HHI0.600.320.950.500.88
Net GEX8.1K-20.2K74.8K-3.9K49.8K
Net DEX-203.8K-1.2M191.2K-15.1K-1.2M
Net VEX-1.2K-2.9K-575-691-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.005.000.000.00
Total Volume126.09501,0163020
Total OI1,185.3334822,2326322,232

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$10.65$10.0039.3%11.3%45.7%8.1%40.5%24.5%20.1%-3.9K-15.1K-6910.00117.18N/AN/A300296336
2021-07-02$10.29$10.0042.3%12.1%47.1%11.4%0.0%18.6%5.7%-5.5K31.3K-7090.00121.53N/AN/A80322336
2021-07-06$9.74$10.0048.8%14.0%50.2%18.6%0.0%4.1%2.4%-7.0K92.2K-6530.5076.35N/AN/A2010330336
2021-07-07$9.66$10.0057.6%15.9%49.5%28.3%50.1%-4.2%3.2%-5.5K90.4K-6690.1480.19N/AN/A142350346
2021-07-08$9.46$10.0051.9%13.9%49.6%22.1%0.0%6.4%6.7%-5.4K106.1K-6390.0087.46N/AN/A0612362348
2021-07-09$9.74$10.0057.6%16.7%51.4%28.3%60.8%5.6%-16.8%-20.2K157.7K-8240.0076.95N/AN/A06362958
2021-07-12$9.64$10.0080.7%17.3%50.7%53.8%57.0%-8.3%-8.8%-19.4K191.2K-7710.0077.87N/AN/A20362962
2021-07-13$9.68$10.0056.2%18.4%50.1%26.8%53.6%-3.8%-12.4%-18.8K136.8K-6685.0078.58N/AN/A420362962
2021-07-14$9.77$10.0062.0%17.8%50.1%33.2%36.8%-0.2%-15.1%-17.4K118.6K-6740.1177.40N/AN/A182366982
2021-07-15$9.84$10.0062.3%17.9%50.3%33.5%0.0%4.8%-15.1%-12.9K73.5K-6670.0079.06N/AN/A00392984
2021-07-16$9.60$10.0063.9%18.3%42.5%35.3%58.8%-8.1%-15.1%-1.3K131.2K-6180.0084.73N/AN/A200392984
2021-07-19$9.37$10.0062.4%17.9%39.0%33.7%59.9%4.3%-11.6%-1.2K41.5K-5754.0078.05N/AN/A28234248
2021-07-20$9.61$10.0058.4%16.7%39.1%29.2%56.0%-14.3%-12.3%-1.4K19.3K-6101.4079.01N/AN/A2028232256
2021-07-21$9.72$10.0053.3%15.3%39.4%23.5%54.3%2.9%-13.2%-1.6K19.6K-6782.0036.98N/AN/A816250280
2021-07-22$10.16$10.0037.7%10.8%42.9%6.4%27.8%-0.5%3.2%-1.9K-23.7K-6880.00100.27N/AN/A1,0160258296
2021-07-23$10.22$10.0042.6%12.2%42.5%11.7%43.0%7.9%-11.7%30.8K-628.4K-1.7K0.0096.14N/AN/A20401,216296
2021-07-26$9.97$10.0040.4%11.6%43.4%9.3%41.3%-11.5%-5.9%33.6K-535.6K-1.6K0.00105.53N/AN/A51421,216296
2021-07-27$10.21$10.0023.4%6.7%41.3%0.0%24.0%21.7%26.6%59.4K-763.6K-2.2K0.50111.29N/AN/A421,416296
2021-07-28$10.22$10.0029.6%8.5%41.2%6.2%29.8%13.1%0.1%74.8K-1.1M-2.9K0.67100.24N/AN/A1281,922296
2021-07-29$10.44$10.0050.6%14.5%40.6%27.4%37.5%20.5%-1.9%44.9K-1.2M-2.9K0.00110.26N/AN/A1601,926296
2021-07-30$10.49$10.0024.1%6.9%39.2%0.7%0.0%-12.8%26.4%49.8K-1.2M-2.8K0.00111.52N/AN/A0201,936296