CVLG Options History — December 2021

In December 2021, CVLG traded between $11.38 and $13.27. ATM implied volatility averaged 60.1%, placing in the 55.1% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 29.0% (HV 20d: 31.0%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2021-12-17: Highest Volume — 824 contracts
  • 2021-12-15: Largest IV drop — 56.2% change
  • 2021-12-14: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.24$11.38$13.27$12.31$13.23
Max Pain$12.84$12.50$15.00$15.00$12.50
ATM IV60.1%40.9%93.3%55.7%59.9%
Expected Move14.5%11.2%22.4%16.0%17.2%
HV 20d31.0%25.2%40.9%40.9%30.8%
HV 60d62.4%59.3%66.4%66.4%60.8%
IV Rank55.1%27.1%100.0%50.1%53.5%
IV Percentile65.7%17.1%100.0%58.3%74.6%
Term Structure2.8%-26.4%26.9%-10.0%-2.3%
VWIV53.0%38.9%85.4%61.0%58.6%
Skew 25d3.1%-9.9%18.8%-0.4%14.6%
Skew 10d9.9%-4.1%58.9%3.9%27.2%
Call IV 25d51.8%38.1%92.6%61.8%56.3%
Put IV 25d55.0%40.2%82.7%61.4%70.9%
Bid-Ask Spread %90.3473.92111.5296.26111.52
Gamma HHI0.270.210.430.280.25
Net GEX-10.6K-35.0K13.9K-25.5K13.9K
Net DEX1.1M-783.5K2.5M2.1M-734.3K
Net VEX-4.9K-6.9K-3.8K-6.3K-4.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.340.960.750.34
Total Volume699.091564824710636
Total OI4,9552,3046,9046,7882,448

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$12.31$15.0055.7%16.0%40.9%50.1%61.0%-0.4%-10.0%-25.5K2.1M-6.3K0.7596.26N/AN/A4063043,3843,404
2021-12-02$12.20$15.0057.6%16.5%37.9%52.9%63.2%-3.7%-26.4%-26.0K2.1M-6.3K0.6891.00N/AN/A4603123,3743,410
2021-12-03$12.16$15.0078.1%22.4%33.8%82.8%85.4%-9.9%-14.1%-26.7K1.9M-6.9K0.75107.33N/AN/A4163123,3463,420
2021-12-06$12.26$12.5052.1%12.7%33.4%44.8%48.4%1.9%8.5%-25.3K2.1M-5.8K0.7983.41N/AN/A3943123,3343,420
2021-12-07$12.36$12.5070.4%12.2%33.4%71.5%43.5%-3.6%13.1%-27.1K2.2M-5.6K0.8587.93N/AN/A3683143,3183,420
2021-12-08$12.34$12.5071.8%11.2%33.3%73.6%45.9%6.7%19.9%-28.2K2.1M-5.6K0.9682.85N/AN/A3683523,3263,420
2021-12-09$12.34$12.5069.9%11.6%33.3%70.8%47.4%2.8%8.6%-33.8K2.1M-5.9K0.8474.58N/AN/A3562983,3223,578
2021-12-10$12.19$12.5068.5%12.6%28.1%68.7%45.1%-4.4%2.2%-28.7K2.3M-5.3K0.8775.03N/AN/A3563083,3243,580
2021-12-13$11.98$12.5077.6%11.8%27.9%82.1%44.9%0.7%4.5%-25.3K2.4M-4.7K0.6773.92N/AN/A4262843,3263,560
2021-12-14$11.85$12.5093.3%11.2%25.9%100.0%38.9%-4.4%26.4%-25.5K2.5M-4.4K0.5495.81N/AN/A5322863,2863,562
2021-12-15$12.07$12.5040.9%11.7%27.9%27.1%47.5%6.5%9.6%-35.0K2.4M-4.7K0.5483.26N/AN/A5322883,2863,566
2021-12-16$11.64$12.5043.3%12.4%28.8%30.5%46.0%-2.4%-5.8%-25.3K1.9M-4.7K0.5692.04N/AN/A5162903,2883,074
2021-12-17$11.63$12.5045.3%13.0%28.0%33.2%46.3%-0.4%-1.0%6.9K2.0M-4.1K0.5583.99N/AN/A5302943,2983,074
2021-12-20$11.38$12.5047.9%13.7%25.2%36.9%53.8%-6.2%26.9%4.9K-212.0K-3.8K0.4780.12N/AN/A3841801,598706
2021-12-21$11.76$12.5046.5%13.3%28.6%34.8%57.1%-8.6%1.7%6.1K-258.5K-4.0K0.4681.30N/AN/A3921801,604714
2021-12-22$11.85$12.5054.5%15.6%29.0%46.0%50.0%11.9%-13.4%7.6K-331.1K-4.1K0.3794.75N/AN/A4921801,612714
2021-12-23$12.10$12.5058.7%16.8%30.8%51.8%60.0%9.5%3.4%9.6K-445.7K-4.2K0.3798.56N/AN/A4881801,620714
2021-12-27$12.46$12.5056.1%16.1%32.8%48.3%57.6%18.2%-2.4%10.8K-468.1K-4.6K0.3797.88N/AN/A4901801,630714
2021-12-28$12.78$12.5057.1%16.4%30.1%49.6%59.6%18.8%0.5%12.1K-568.7K-4.2K0.4496.34N/AN/A4441961,668714
2021-12-29$13.27$12.5060.6%17.4%32.1%54.5%51.1%8.6%1.1%13.5K-783.5K-4.7K0.3998.32N/AN/A4681841,670734
2021-12-30$13.12$12.5056.2%16.1%31.1%48.4%55.5%13.1%10.5%13.7K-743.1K-4.6K0.38101.24N/AN/A5021901,716734
2021-12-31$13.23$12.5059.9%17.2%30.8%53.5%58.6%14.6%-2.3%13.9K-734.3K-4.2K0.34111.52N/AN/A4741621,708740