CVLG Options History — August 2021

In August 2021, CVLG traded between $10.09 and $12.41. ATM implied volatility averaged 40.2%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 3.3% (HV 20d: 36.9%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 3.38.

Notable Days

  • 2021-08-09: Highest Volume — 1,194 contracts
  • 2021-08-10: Largest IV spike — 96.5% change
  • 2021-08-20: Highest IV Rank — 38.4%
  • 2021-08-03: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.09$10.09$12.41$10.26$12.22
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV40.2%21.5%59.0%46.3%32.8%
Expected Move11.5%9.0%15.9%13.3%9.4%
HV 20d36.9%32.5%42.3%38.0%42.3%
HV 60d41.0%39.5%42.8%41.7%42.8%
IV Rank22.8%0.0%38.4%23.1%15.9%
IV Percentile10.7%0.0%40.5%14.9%2.8%
Term Structure1.6%-11.2%17.0%-1.5%12.3%
VWIV41.9%31.4%55.8%55.8%39.6%
Skew 25d6.0%-5.7%24.0%22.7%9.6%
Skew 10d7.8%-9.3%68.7%41.6%11.4%
Call IV 25d37.3%27.1%50.4%44.2%40.0%
Put IV 25d43.3%31.4%70.9%66.9%49.6%
Bid-Ask Spread %102.0195.17120.19106.0895.17
Gamma HHI0.570.270.940.910.33
Net GEX8.0K-189.3K68.3K59.2K12.0K
Net DEX-1.2M-1.9M-406.5K-1.1M-653.6K
Net VEX-2.1K-2.7K-1.4K-2.7K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.380.0027.430.330.60
Total Volume112.09121,1941016
Total OI2,398.5451,0503,8062,2341,184

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$10.26$10.0046.3%13.3%38.0%23.1%0.0%22.7%-1.5%59.2K-1.1M-2.7K0.00106.08N/AN/A0101,940294
2021-08-03$10.52$10.0055.5%15.9%33.0%32.4%55.8%24.0%-9.0%68.3K-1.3M-2.6K0.33107.11N/AN/A621,940314
2021-08-04$10.21$10.0045.1%12.9%34.7%21.9%0.0%13.0%-3.7%54.0K-1.1M-2.7K0.13120.19N/AN/A3041,940314
2021-08-05$10.12$10.0055.2%11.8%33.9%32.1%40.9%-5.7%-5.2%51.1K-1.1M-2.6K0.50103.73N/AN/A841,938312
2021-08-06$10.09$10.0059.0%12.3%32.5%36.0%0.0%6.2%-10.0%49.2K-1.1M-2.7K0.00100.64N/AN/A3801,968314
2021-08-09$10.80$10.0021.5%11.6%39.8%0.0%50.8%5.7%5.9%30.1K-1.8M-1.7K27.43101.86N/AN/A421,1521,970314
2021-08-10$11.08$10.0042.2%14.3%40.4%20.5%47.3%-3.2%-6.2%8.2K-1.9M-1.4K0.00105.43N/AN/A11801,950314
2021-08-11$11.06$10.0046.1%13.2%40.5%34.6%0.0%1.6%2.9%733-1.7M-2.0K5.00101.68N/AN/A2101,9401,442
2021-08-12$11.10$10.0041.6%11.9%40.5%28.3%0.0%1.9%-3.3%-2.0K-1.8M-1.7K25.00104.83N/AN/A61502,0521,442
2021-08-13$11.04$10.0034.9%10.0%39.1%18.9%0.0%6.4%0.7%2.2K-1.8M-1.8K0.00101.70N/AN/A0302,0521,452
2021-08-16$11.22$10.0038.1%10.9%37.3%23.4%46.9%10.4%-0.4%-11.8K-1.9M-1.9K1.25101.44N/AN/A40502,0521,602
2021-08-17$11.34$10.0032.1%9.2%36.8%15.0%31.6%-2.3%9.6%-7.7K-1.9M-1.9K0.0099.26N/AN/A2202,0521,612
2021-08-18$11.19$10.0039.4%11.3%37.5%25.2%43.8%-4.3%0.8%-7.0K-1.9M-2.1K0.31100.29N/AN/A32102,0881,662
2021-08-19$11.01$10.0037.7%10.8%35.6%22.9%40.0%3.4%15.2%-11.1K-1.8M-2.1K3.14101.28N/AN/A14442,1061,662
2021-08-20$11.26$10.0048.8%14.0%36.2%38.4%0.0%5.8%-11.2%-189.3K-1.9M-2.1K0.0098.56N/AN/A10002,1341,672
2021-08-23$11.45$10.0033.2%9.5%34.6%16.5%32.3%3.8%6.3%11.8K-445.1K-2.1K0.4598.81N/AN/A4018696354
2021-08-24$11.42$10.0043.3%12.4%34.2%30.7%33.9%11.6%5.9%11.0K-451.1K-2.2K0.0098.40N/AN/A300788354
2021-08-25$11.37$10.0033.4%9.6%34.4%16.8%40.0%8.3%12.1%13.1K-435.9K-2.2K0.0097.70N/AN/A06780370
2021-08-26$11.24$10.0034.0%9.7%34.3%17.6%0.0%10.0%-5.6%12.5K-406.5K-2.1K0.0098.73N/AN/A20762370
2021-08-27$11.49$10.0031.4%9.0%34.9%13.9%31.4%3.0%3.0%17.1K-462.3K-2.1K0.0099.78N/AN/A480762370
2021-08-30$12.41$10.0033.8%9.7%41.8%17.3%52.2%0.7%17.0%5.1K-665.5K-1.8K0.00101.44N/AN/A3820764370
2021-08-31$12.22$10.0032.8%9.4%42.3%15.9%39.6%9.6%12.3%12.0K-653.6K-2.1K0.6095.17N/AN/A106814370