CVLG Options History — October 2021

In October 2021, CVLG traded between $13.58 and $17.18. ATM implied volatility averaged 51.1%, placing in the 42.6% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded below realized volatility by 12.7% (HV 20d: 63.8%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2021-10-21: Highest Volume — 6,752 contracts
  • 2021-10-11: Largest IV spike — 70.3% change
  • 2021-10-25: Highest IV Rank — 58.3%
  • 2021-10-25: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.82$13.58$17.18$13.83$14.28
Max Pain$11.43$10.00$15.00$12.50$12.50
ATM IV51.1%36.9%62.8%38.1%55.3%
Expected Move14.6%10.9%17.6%10.9%15.9%
HV 20d63.8%33.6%93.2%56.3%93.2%
HV 60d51.2%43.4%66.3%43.8%66.0%
IV Rank42.6%21.7%58.3%23.4%49.5%
IV Percentile41.1%8.3%73.8%10.7%52.0%
Term Structure-1.6%-13.0%13.4%13.4%-4.2%
VWIV53.4%40.9%62.2%40.9%59.5%
Skew 25d4.5%-5.3%14.5%14.5%-2.4%
Skew 10d9.7%-4.3%26.5%24.7%-0.7%
Call IV 25d52.4%39.6%61.6%39.6%57.2%
Put IV 25d56.9%50.5%69.4%54.1%54.7%
Bid-Ask Spread %68.3929.2996.9596.9548.73
Gamma HHI0.430.290.690.380.30
Net GEX40.6K-11.1K74.8K34.7K-11.1K
Net DEX-1.9M-3.0M-396.2K-1.3M-396.2K
Net VEX-5.9K-14.5K-1.8K-2.9K-14.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.007.910.000.51
Total Volume1,065.619106,75286950
Total OI4,371.4291,95810,5481,95810,548

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$13.83$12.5038.1%10.9%56.3%23.4%40.9%14.5%13.4%34.7K-1.3M-2.9K0.0096.95N/AN/A8601,580378
2021-10-04$13.97$10.0039.4%13.7%55.3%25.2%41.2%8.6%-3.1%35.8K-1.5M-2.5K7.9180.07N/AN/A443481,580378
2021-10-05$13.94$10.0041.8%11.6%54.5%28.6%0.0%8.5%7.1%36.3K-1.5M-2.5K0.0081.54N/AN/A1801,602378
2021-10-06$13.90$10.0054.8%12.9%53.2%46.9%44.1%13.3%-3.3%34.5K-1.5M-2.7K0.0080.44N/AN/A1001,634714
2021-10-07$14.01$10.0047.5%14.4%53.1%36.6%54.3%11.2%-3.1%36.4K-1.5M-2.6K0.0082.32N/AN/A14601,618714
2021-10-08$14.06$10.0036.9%14.1%52.3%21.7%48.7%3.3%-2.8%33.3K-1.5M-2.6K0.0968.76N/AN/A2221,628714
2021-10-11$14.80$10.0062.8%14.0%52.9%58.2%55.4%13.1%-11.5%40.6K-1.8M-2.5K0.0769.42N/AN/A446321,632714
2021-10-12$15.44$10.0059.9%16.6%50.8%53.9%60.1%3.6%-13.0%35.7K-2.1M-1.8K0.0188.03N/AN/A1,17281,654714
2021-10-13$15.88$10.0052.6%15.1%51.0%43.8%51.5%4.3%0.2%30.7K-2.4M-2.5K0.0280.73N/AN/A39261,808714
2021-10-14$15.81$10.0054.3%15.6%48.4%48.0%52.2%5.3%1.6%40.0K-2.5M-4.3K0.3176.58N/AN/A6622042,342722
2021-10-15$16.36$10.0051.9%14.9%48.1%44.5%54.5%2.8%-1.1%44.6K-3.0M-4.3K0.2284.41N/AN/A180402,596726
2021-10-18$16.35$12.5048.2%13.8%47.4%39.1%52.1%8.0%-0.2%50.8K-2.1M-5.5K0.0483.34N/AN/A338122,204526
2021-10-19$17.00$12.5052.8%15.1%33.8%45.8%58.0%7.8%-1.0%55.1K-2.5M-5.6K0.2180.89N/AN/A6961482,324536
2021-10-20$17.18$12.5058.5%16.8%33.6%54.1%62.2%3.6%-5.2%59.6K-2.6M-6.9K0.5931.38N/AN/A6804002,554566
2021-10-21$13.58$15.0057.7%16.5%92.6%53.0%60.0%-3.8%-2.6%27.7K-822.3K-6.0K0.9529.29N/AN/A3,4543,2982,782846
2021-10-22$13.70$12.5051.2%14.7%92.5%43.5%55.9%-5.3%-0.4%45.7K-1.7M-10.6K0.3752.28N/AN/A1,5545725,0283,412
2021-10-25$13.97$12.5061.3%17.6%92.6%58.3%59.1%-4.8%-4.5%42.6K-1.8M-11.2K0.3259.97N/AN/A9963184,9403,582
2021-10-26$14.03$12.5046.5%13.3%92.5%36.6%52.5%-2.8%-1.7%47.7K-1.8M-10.6K0.5863.14N/AN/A5563244,7503,590
2021-10-27$14.41$12.5050.3%14.4%93.0%42.1%53.5%1.9%1.2%57.6K-2.1M-10.8K0.4754.39N/AN/A9304384,7303,670
2021-10-28$14.65$12.5050.5%14.5%92.6%42.4%52.9%3.6%0.3%74.8K-2.5M-11.0K4.0543.55N/AN/A5742,3224,9183,754
2021-10-29$14.28$12.5055.3%15.9%93.2%49.5%59.5%-2.4%-4.2%-11.1K-396.2K-14.5K0.5148.73N/AN/A6283224,7945,754