CVLG Options History — November 2021

In November 2021, CVLG traded between $12.60 and $15.24. ATM implied volatility averaged 51.2%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 21.5% (HV 20d: 72.7%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.57.

Notable Days

  • 2021-11-05: Highest Volume — 1,434 contracts
  • 2021-11-24: Largest IV spike — 37.0% change
  • 2021-11-30: Highest IV Rank — 59.9%
  • 2021-11-30: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.28$12.60$15.24$14.23$12.60
Max Pain$14.64$12.50$15.00$12.50$15.00
ATM IV51.2%39.0%62.4%52.2%62.4%
Expected Move14.3%11.2%17.9%15.0%17.9%
HV 20d72.7%36.6%95.9%93.1%40.7%
HV 60d66.0%64.9%67.4%66.0%66.3%
IV Rank43.5%25.6%59.9%44.9%59.9%
IV Percentile44.3%13.1%81.0%46.8%81.0%
Term Structure-0.5%-24.4%12.3%-1.5%-17.9%
VWIV55.1%47.5%75.5%57.1%75.5%
Skew 25d1.3%-7.3%21.1%2.3%21.1%
Skew 10d1.6%-6.6%28.3%2.1%28.3%
Call IV 25d54.2%47.2%64.8%56.0%64.8%
Put IV 25d55.6%50.3%86.0%58.3%86.0%
Bid-Ask Spread %71.5539.8792.6339.8792.63
Gamma HHI0.360.280.440.320.29
Net GEX-5.9K-42.1K20.3K7.5K-32.6K
Net DEX-172.8K-1.4M1.7M-526.8K1.7M
Net VEX-11.4K-14.2K-7.4K-14.2K-7.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.210.870.830.85
Total Volume1,0007181,434904718
Total OI9,552.0956,48810,97810,6386,772

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$14.23$12.5052.2%15.0%93.1%44.9%57.1%2.3%-1.5%7.5K-526.8K-14.2K0.8339.87N/AN/A4944104,8585,780
2021-11-02$13.97$12.5056.2%16.1%93.4%50.8%57.4%-1.0%-6.3%-10.3K-34.4K-13.7K0.5947.53N/AN/A4562684,8525,720
2021-11-03$14.47$12.5052.5%15.0%94.2%45.4%55.5%0.1%1.3%13.8K-779.3K-14.1K0.4244.46N/AN/A5722424,8765,750
2021-11-04$15.04$15.0055.9%13.2%95.0%50.4%47.5%-2.2%6.2%20.3K-1.3M-13.7K0.4073.13N/AN/A8743484,7465,762
2021-11-05$14.56$15.0048.5%12.9%95.9%39.6%49.4%-0.3%4.0%14.8K-769.3K-13.3K0.2269.74N/AN/A1,1742604,8725,744
2021-11-08$14.68$15.0058.9%14.9%94.1%54.7%56.8%0.2%2.2%12.7K-873.9K-12.9K0.4768.46N/AN/A6863244,5825,732
2021-11-09$14.67$15.0052.9%13.4%92.8%45.9%53.5%-1.8%5.5%9.8K-847.1K-12.7K0.7876.71N/AN/A7445784,7465,810
2021-11-10$14.40$15.0048.6%13.9%92.2%39.7%58.5%-0.9%1.7%5.4K-478.5K-12.2K0.6567.63N/AN/A6724364,7186,050
2021-11-11$14.99$15.0053.6%15.4%93.6%46.9%55.5%0.7%1.3%18.9K-1.2M-12.7K0.6364.27N/AN/A6844344,7126,230
2021-11-12$14.99$15.0046.9%13.4%92.5%37.2%55.6%-0.4%7.0%13.4K-1.2M-12.4K0.6175.44N/AN/A7064284,6726,230
2021-11-15$15.24$15.0047.3%13.6%92.9%37.8%54.0%-1.5%12.3%9.0K-1.4M-11.9K0.4668.44N/AN/A5382464,6086,228
2021-11-16$15.24$15.0048.4%13.9%91.5%39.4%54.1%-1.2%4.6%14.0K-1.4M-12.1K0.2166.87N/AN/A1,0782244,6366,244
2021-11-17$14.85$15.0046.3%13.3%91.6%36.3%52.9%0.1%7.0%9.9K-661.6K-11.2K0.4473.47N/AN/A5242324,6246,246
2021-11-18$14.37$15.0046.2%13.3%36.6%36.2%50.9%0.5%-3.1%-14.3K204.0K-10.1K0.4678.07N/AN/A7583524,6066,240
2021-11-19$13.74$15.0043.5%12.5%40.2%32.3%53.0%1.3%10.0%-29.3K818.2K-9.4K0.4690.11N/AN/A8343844,6226,356
2021-11-22$13.86$15.0049.5%14.2%39.6%41.0%51.7%4.3%-0.1%-35.1K669.2K-9.9K0.7476.42N/AN/A5183843,3523,138
2021-11-23$13.86$15.0039.0%11.2%39.6%25.6%52.7%3.4%-13.5%-38.4K587.9K-9.7K0.8779.23N/AN/A4143623,3503,138
2021-11-24$13.74$15.0053.4%15.3%38.3%46.7%49.4%4.9%-24.4%-42.1K939.2K-9.1K0.4581.97N/AN/A6542963,3563,240
2021-11-26$13.46$15.0056.5%16.2%38.2%51.2%56.9%6.0%-0.5%-37.7K1.1M-8.8K0.4682.67N/AN/A6523003,3723,304
2021-11-29$12.85$15.0056.6%16.2%40.4%51.3%58.4%-7.3%-6.8%-32.5K1.6M-7.7K0.8685.52N/AN/A3983443,3763,344
2021-11-30$12.60$15.0062.4%17.9%40.7%59.9%75.5%21.1%-17.9%-32.6K1.7M-7.4K0.8592.63N/AN/A3883303,3803,392