CVLG Options History — September 2021

In September 2021, CVLG traded between $11.14 and $14.55. ATM implied volatility averaged 41.6%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded below realized volatility by 5.7% (HV 20d: 47.3%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.77.

Notable Days

  • 2021-09-21: Highest Volume — 494 contracts
  • 2021-09-07: Largest IV spike — 60.3% change
  • 2021-09-07: Highest IV Rank — 45.6%
  • 2021-09-10: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.57$11.14$14.55$12.17$13.90
Max Pain$11.49$10.00$12.50$10.00$12.50
ATM IV41.6%32.3%53.9%32.5%48.3%
Expected Move11.9%9.3%14.8%9.3%13.8%
HV 20d47.3%35.6%60.7%40.3%56.2%
HV 60d43.2%39.5%46.9%42.7%44.1%
IV Rank28.3%15.3%45.6%15.5%37.7%
IV Percentile17.2%2.8%36.9%2.8%32.5%
Term Structure2.0%-12.5%26.1%4.5%-9.6%
VWIV43.5%33.1%55.3%46.0%50.2%
Skew 25d4.6%-17.9%21.8%3.0%3.9%
Skew 10d9.5%-20.4%48.4%2.1%22.3%
Call IV 25d43.3%36.6%55.1%38.1%48.8%
Put IV 25d47.9%32.4%59.4%41.1%52.7%
Bid-Ask Spread %102.0487.11113.41107.3593.43
Gamma HHI0.380.310.610.350.32
Net GEX26.4K14.2K65.9K26.1K25.9K
Net DEX-885.0K-1.6M-412.0K-796.6K-1.3M
Net VEX-2.3K-2.5K-2.0K-2.5K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.0011.000.000.05
Total Volume98.3810494244
Total OI1,531.6191,1781,6921,5221,688

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$12.17$10.0032.5%9.3%40.3%15.5%0.0%3.0%4.5%26.1K-796.6K-2.5K0.00107.35N/AN/A201,152370
2021-09-02$12.18$11.2536.4%12.0%39.9%21.0%0.0%0.7%-5.0%24.0K-797.4K-2.4K0.33105.64N/AN/A621,154370
2021-09-03$11.90$11.2533.6%12.8%41.3%17.1%0.0%4.3%-10.6%24.6K-718.2K-2.4K0.6796.06N/AN/A1281,156370
2021-09-07$11.69$11.2553.9%11.4%35.6%45.6%46.0%3.7%3.4%24.3K-639.9K-2.4K0.0097.39N/AN/A021,166372
2021-09-08$11.38$11.2540.3%11.5%36.2%26.5%0.0%-12.9%5.6%21.7K-542.1K-2.5K1.33100.71N/AN/A681,166380
2021-09-09$11.42$11.2537.6%10.8%36.2%22.6%38.7%-2.9%7.2%26.5K-568.1K-2.4K0.00104.81N/AN/A041,166382
2021-09-10$11.24$11.2551.6%14.8%36.7%42.4%40.7%18.7%-12.5%27.8K-524.7K-2.4K0.00101.35N/AN/A401,164386
2021-09-13$11.77$11.2550.3%14.4%40.0%40.6%0.0%18.5%-0.4%27.2K-703.0K-2.3K11.00113.41N/AN/A2221,160390
2021-09-14$11.35$11.2550.6%14.5%41.9%40.9%0.0%4.4%-5.0%33.6K-599.6K-2.3K0.00112.07N/AN/A201,158390
2021-09-15$11.51$11.2543.0%12.3%42.1%30.3%37.5%9.6%2.1%33.4K-616.2K-2.3K0.00106.60N/AN/A201,160412
2021-09-16$11.14$11.2533.5%9.6%43.5%17.0%0.0%-7.5%26.1%65.9K-412.0K-2.2K0.00109.50N/AN/A001,162412
2021-09-17$11.59$11.2532.3%9.3%45.1%15.3%40.6%21.8%22.5%14.2K-648.2K-2.0K0.05105.99N/AN/A7841,164412
2021-09-20$12.12$11.2535.9%10.3%47.1%20.3%40.8%12.4%2.1%18.5K-550.9K-2.2K0.00112.69N/AN/A1680902276
2021-09-21$13.49$11.2546.2%13.2%59.8%34.7%47.5%2.2%7.0%17.5K-890.4K-2.0K0.01102.90N/AN/A4886918280
2021-09-22$13.51$11.2547.5%13.6%59.7%36.7%44.7%8.5%0.3%19.9K-1.0M-2.2K0.0895.00N/AN/A260201,048290
2021-09-23$14.10$11.2538.7%11.1%60.7%24.2%42.8%4.5%-3.5%24.8K-1.4M-2.0K0.0287.11N/AN/A27661,270292
2021-09-24$14.30$12.5038.2%10.9%60.2%23.5%43.4%17.8%2.9%20.1K-1.4M-2.3K0.1296.49N/AN/A138161,268312
2021-09-27$14.55$12.5032.8%9.4%60.1%16.0%33.1%2.9%13.3%21.5K-1.6M-2.0K0.12103.28N/AN/A6681,374318
2021-09-28$14.37$12.5045.2%13.0%55.5%33.4%55.3%-17.9%-7.6%30.2K-1.4M-2.3K0.0094.88N/AN/A8001,334334
2021-09-29$14.24$12.5044.5%12.8%55.2%32.4%47.8%0.4%0.0%26.3K-1.4M-2.3K0.1496.23N/AN/A286401,344342
2021-09-30$13.90$12.5048.3%13.8%56.2%37.7%50.2%3.9%-9.6%25.9K-1.3M-2.4K0.0593.43N/AN/A4221,346342