CVLG Options History — February 2022

In February 2022, CVLG traded between $10.37 and $11.35. ATM implied volatility averaged 56.0%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 22.5% (HV 20d: 33.6%). Max pain ranged from $10.00 to $11.25. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.84.

Notable Days

  • 2022-02-18: Highest Volume — 1,218 contracts
  • 2022-02-24: Largest IV spike — 64.2% change
  • 2022-02-08: Highest IV Rank — 85.8%
  • 2022-02-24: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.85$10.37$11.35$10.80$11.23
Max Pain$10.13$10.00$11.25$11.25$10.00
ATM IV56.0%39.5%83.1%66.1%46.5%
Expected Move15.3%11.3%23.1%19.0%13.3%
HV 20d33.6%29.1%43.6%43.6%33.7%
HV 60d37.6%36.9%38.2%38.2%37.6%
IV Rank48.1%25.2%85.8%62.2%34.9%
IV Percentile57.0%14.7%99.2%88.9%33.7%
Term Structure5.5%-19.6%24.3%-19.6%4.7%
VWIV62.0%47.2%75.5%61.0%64.7%
Skew 25d7.2%-13.2%30.1%-0.8%4.8%
Skew 10d26.2%-10.4%68.6%11.5%44.3%
Call IV 25d55.8%40.6%73.4%61.3%60.1%
Put IV 25d63.0%47.1%83.4%60.6%65.0%
Bid-Ask Spread %101.9284.72116.0284.72105.67
Gamma HHI0.250.190.310.210.31
Net GEX6.2K-77511.3K8.2K8.2K
Net DEX-108.1K-283.6K56.1K-137.0K-211.8K
Net VEX-3.3K-3.7K-2.8K-3.2K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.371.350.371.16
Total Volume940.4216661,2188441,108
Total OI2,892.4212,6563,5482,6562,838

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$10.80$11.2566.1%19.0%43.6%62.2%61.0%-0.8%-19.6%8.2K-137.0K-3.2K0.3784.72N/AN/A6142301,788868
2022-02-02$10.88$11.2544.4%12.7%40.9%32.0%49.5%16.5%19.2%7.1K-99.5K-3.2K0.39101.01N/AN/A6102401,788920
2022-02-03$10.69$10.0056.2%16.1%39.3%48.4%58.9%-13.2%-4.2%8.2K-133.5K-3.5K0.4388.00N/AN/A6102601,782930
2022-02-04$10.38$10.0063.0%12.4%30.7%57.9%47.2%-4.2%20.1%5.1K23.4K-3.0K0.63102.40N/AN/A4102601,782950
2022-02-07$10.39$10.0078.4%18.0%29.8%79.3%70.8%30.1%14.3%4.5K56.1K-2.8K0.62105.57N/AN/A4102561,780958
2022-02-08$10.37$10.0083.1%19.8%29.4%85.8%75.5%29.7%-12.4%4.9K-5.6K-3.2K0.62102.81N/AN/A4102561,790950
2022-02-09$10.66$10.0049.1%14.1%29.1%38.6%57.8%24.3%11.6%6.5K-32.7K-3.0K0.62107.67N/AN/A4122561,790950
2022-02-10$10.79$10.0049.5%14.2%29.4%39.1%62.4%-3.6%7.3%7.9K-124.8K-3.1K0.64101.05N/AN/A4422821,794950
2022-02-11$11.01$10.0049.5%14.2%30.3%39.1%64.9%4.3%5.5%8.5K-122.4K-3.0K0.62100.09N/AN/A5543421,784974
2022-02-14$10.81$10.0054.6%15.7%30.7%46.2%60.7%7.1%-7.9%7.6K-75.0K-3.3K1.24104.22N/AN/A4605701,8601,036
2022-02-15$10.77$10.0056.2%16.1%30.7%48.4%62.1%-4.2%-10.5%2.1K-37.1K-3.0K1.35102.96N/AN/A4606201,8621,266
2022-02-16$11.13$10.0054.1%15.5%33.3%45.5%63.6%-11.9%8.2%-775-101.3K-3.7K1.11101.40N/AN/A5746381,9621,552
2022-02-17$11.30$10.0051.1%14.7%33.3%41.3%65.0%-4.0%17.9%6.9K-231.5K-3.6K1.10105.99N/AN/A5746301,9901,558
2022-02-18$11.35$10.0047.0%13.5%33.2%35.6%48.4%5.2%10.2%11.3K-283.6K-3.6K1.14104.81N/AN/A5706481,9901,556
2022-02-22$10.84$10.0039.5%11.3%36.3%25.2%60.9%27.5%24.3%5.7K-125.3K-3.3K0.5593.76N/AN/A5322921,704952
2022-02-23$10.66$10.0049.1%14.1%34.6%38.5%71.4%6.5%12.4%6.2K-111.8K-3.6K1.15103.27N/AN/A5165921,696970
2022-02-24$10.86$10.0080.6%23.1%35.2%82.3%72.8%12.0%-16.2%3.4K-100.9K-3.5K1.15116.02N/AN/A5165941,6981,120
2022-02-25$11.24$10.0046.2%13.3%34.1%34.5%59.5%11.6%19.0%5.5K-200.0K-3.2K1.13105.05N/AN/A5265941,6981,120
2022-02-28$11.23$10.0046.5%13.3%33.7%34.9%64.7%4.8%4.7%8.2K-211.8K-3.2K1.16105.67N/AN/A5145941,7181,120