CVLG Options History — January 2022

In January 2022, CVLG traded between $10.44 and $13.10. ATM implied volatility averaged 67.1%, placing in the 63.5% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 20.6% (HV 20d: 46.5%). Max pain ranged from $11.25 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2022-01-26: Highest Volume — 884 contracts
  • 2022-01-14: Largest IV spike — 46.7% change
  • 2022-01-21: Highest IV Rank — 89.3%
  • 2022-01-21: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.47$10.44$13.10$12.64$10.72
Max Pain$12.00$11.25$12.50$12.50$11.25
ATM IV67.1%44.9%85.6%59.9%44.9%
Expected Move18.5%12.7%24.5%17.2%12.9%
HV 20d46.5%35.4%51.3%35.4%45.2%
HV 60d50.6%38.8%62.7%61.5%39.1%
IV Rank63.5%32.7%89.3%53.5%32.7%
IV Percentile81.2%27.0%99.6%74.6%27.0%
Term Structure-3.6%-33.5%36.5%12.2%-0.4%
VWIV66.6%50.1%83.2%61.8%58.9%
Skew 25d11.3%-7.0%36.5%16.6%25.4%
Skew 10d17.4%5.2%41.1%6.6%26.1%
Call IV 25d65.1%50.3%75.4%63.2%57.2%
Put IV 25d76.4%53.5%101.4%79.8%82.6%
Bid-Ask Spread %90.8360.50107.99102.85102.33
Gamma HHI0.200.180.240.240.21
Net GEX8.5K5.8K12.7K11.6K8.5K
Net DEX-297.6K-680.9K-42.2K-607.6K-144.9K
Net VEX-3.9K-4.7K-3.2K-4.3K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.300.720.350.36
Total Volume732.7618884642828
Total OI2,591.12,3802,7602,4442,650

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$12.64$12.5059.9%17.2%35.4%53.5%61.8%16.6%12.2%11.6K-607.6K-4.3K0.35102.85N/AN/A4741681,702742
2022-01-04$13.10$12.5050.4%14.4%37.4%40.3%50.1%1.3%11.0%12.7K-680.9K-4.7K0.37101.83N/AN/A4541681,674732
2022-01-05$12.57$12.5066.5%19.1%40.5%62.8%66.4%10.5%-15.2%12.2K-537.8K-4.6K0.37103.40N/AN/A4501681,682732
2022-01-06$11.63$12.5070.6%12.7%49.3%68.5%66.2%3.6%6.7%8.6K-393.5K-4.3K0.3684.37N/AN/A4721721,692730
2022-01-07$11.33$12.5063.6%14.3%49.9%58.8%54.3%14.7%1.8%9.0K-298.2K-3.7K0.6387.29N/AN/A4322701,736764
2022-01-10$11.14$12.5067.8%20.5%50.1%64.5%68.9%5.2%-2.7%7.4K-266.7K-4.0K0.6876.64N/AN/A4483061,744864
2022-01-11$11.48$12.5064.8%13.6%51.3%60.3%60.6%-7.0%36.5%7.6K-274.0K-3.9K0.6592.68N/AN/A4663021,766920
2022-01-12$11.56$12.5055.6%15.9%51.2%47.5%66.3%1.9%19.5%8.5K-281.1K-4.0K0.6579.78N/AN/A4382861,788920
2022-01-13$11.65$12.5054.7%15.7%50.8%46.3%60.9%9.7%-5.2%9.6K-352.4K-4.3K0.6585.57N/AN/A4342821,804928
2022-01-14$11.61$12.5080.2%23.0%49.2%81.8%68.9%0.2%-25.4%8.9K-300.2K-3.9K0.6576.46N/AN/A4342821,802928
2022-01-18$11.57$12.5078.1%22.4%49.2%78.9%66.8%14.7%-8.1%8.4K-319.7K-4.2K0.6588.19N/AN/A4342821,802928
2022-01-19$11.49$12.5053.9%15.4%48.7%45.2%55.0%29.8%-0.3%8.6K-262.0K-3.7K0.6691.09N/AN/A4282821,802928
2022-01-20$11.30$11.2578.7%22.6%47.5%79.8%82.0%6.9%-33.5%8.8K-287.7K-3.8K0.6585.89N/AN/A4282781,832928
2022-01-21$11.21$11.2585.6%24.5%47.4%89.3%83.2%4.0%-15.8%6.7K-228.4K-3.6K0.72102.33N/AN/A4383141,828926
2022-01-24$11.43$11.2568.9%19.8%47.3%66.1%77.2%36.5%-14.6%7.5K-253.1K-3.6K0.4188.92N/AN/A4681941,624800
2022-01-25$11.03$11.2578.7%22.6%47.0%79.7%80.2%13.7%-18.1%6.0K-183.3K-3.4K0.4295.68N/AN/A5102141,556824
2022-01-26$10.99$11.2574.3%21.3%45.6%73.6%69.6%10.4%-12.5%5.8K-166.3K-3.5K0.3060.50N/AN/A6802041,610844
2022-01-27$10.56$11.2583.0%23.8%43.6%85.7%67.2%24.3%-9.0%6.8K-72.9K-3.2K0.31102.75N/AN/A6722101,796848
2022-01-28$10.44$11.2561.1%17.5%43.6%55.2%66.8%3.9%1.7%6.0K-42.2K-3.2K0.32107.99N/AN/A6722121,794852
2022-01-31$10.72$11.2544.9%12.9%45.2%32.7%58.9%25.4%-0.4%8.5K-144.9K-3.4K0.36102.33N/AN/A6102181,794856