CVLG Options History — April 2022

In April 2022, CVLG traded between $9.01 and $10.35. ATM implied volatility averaged 68.3%, placing in the 62.7% IV rank vs the trailing year. The 30-day expected move averaged 17.9%. IV traded above realized volatility by 19.4% (HV 20d: 48.9%). Max pain ranged from $8.75 to $10.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 6.65.

Notable Days

  • 2022-04-14: Highest Volume — 2,874 contracts
  • 2022-04-08: Largest IV spike — 98.8% change
  • 2022-04-08: Highest IV Rank — 100.0%
  • 2022-04-01: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.68$9.01$10.35$10.26$10.35
Max Pain$9.50$8.75$10.00$10.00$10.00
ATM IV68.3%45.0%97.1%45.0%63.7%
Expected Move17.9%14.4%21.4%21.4%18.3%
HV 20d48.9%39.2%60.4%44.8%60.3%
HV 60d40.7%36.7%46.2%39.8%46.2%
IV Rank62.7%32.8%100.0%32.8%55.8%
IV Percentile81.0%28.2%100.0%28.2%83.3%
Term Structure-1.5%-18.7%35.4%35.4%6.2%
VWIV62.1%46.6%82.0%65.0%67.0%
Skew 25d7.0%-12.6%27.4%16.0%5.9%
Skew 10d13.1%-34.9%72.0%72.0%5.9%
Call IV 25d62.1%50.1%76.3%67.4%69.6%
Put IV 25d69.1%60.0%89.2%83.3%75.5%
Bid-Ask Spread %88.1166.00105.0099.16101.45
Gamma HHI0.250.190.350.250.21
Net GEX2.7K-9.3K10.8K-558.5K
Net DEX-35.3K-367.3K307.4K166.0K-367.3K
Net VEX-3.8K-4.8K-2.0K-2.3K-4.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.650.60100.000.701.26
Total Volume1,616.42022,8745421,160
Total OI3,422.51,8344,1301,8343,858

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$10.26$10.0045.0%21.4%44.8%32.8%65.0%16.0%35.4%-55166.0K-2.3K0.7099.16N/AN/A3182241,134700
2022-04-04$10.08$10.0057.6%17.4%45.0%50.4%56.5%9.4%31.0%-1.2K234.1K-2.0K4.61105.00N/AN/A3401,5661,148702
2022-04-05$9.62$10.0087.0%15.9%47.0%91.3%58.5%0.2%-0.6%-9.3K307.4K-2.5K3.8991.60N/AN/A4181,6241,2062,080
2022-04-06$9.50$10.0085.5%15.6%42.5%89.2%54.9%11.5%1.0%-8.7K270.4K-2.7K2.0393.82N/AN/A8181,6581,3262,112
2022-04-07$9.64$10.0048.2%18.5%43.2%37.2%60.0%5.4%-9.4%3.2K1.0K-3.5K2.1289.72N/AN/A7881,6701,7662,118
2022-04-08$9.34$10.0095.8%18.7%44.0%100.0%52.7%13.3%-8.0%-40777.0K-3.3K2.0787.76N/AN/A8081,6701,7722,128
2022-04-11$9.59$10.0097.1%15.8%45.6%100.0%64.0%27.4%-8.5%70012.9K-3.8K2.0797.54N/AN/A8081,6701,8722,128
2022-04-12$9.54$8.7579.5%14.4%43.0%76.7%56.7%18.0%-9.0%4.0K-37.4K-3.6K2.0193.04N/AN/A8281,6621,9002,128
2022-04-13$9.81$8.7555.4%15.9%39.2%44.9%58.6%2.9%-9.7%6.5K-123.1K-4.0K1.9483.37N/AN/A8581,6622,0002,130
2022-04-14$9.01$8.7553.6%15.4%47.4%42.5%52.0%7.6%4.2%6.4K29.4K-3.5K1.8187.97N/AN/A1,0241,8501,9502,130
2022-04-18$9.29$8.7566.5%19.1%49.1%59.6%72.3%-8.4%-10.2%8.9K-123.2K-3.8K0.6079.24N/AN/A7704642,052728
2022-04-19$9.55$8.7564.4%18.5%51.1%56.8%62.9%-12.6%3.4%10.8K-218.6K-4.2K1.0275.85N/AN/A7587742,086728
2022-04-20$9.76$8.7565.9%18.9%52.2%58.7%62.4%-1.5%-6.8%4.6K-138.2K-4.6K1.1073.58N/AN/A4364782,0901,198
2022-04-21$9.80$8.7557.4%16.4%52.2%47.5%69.5%-3.4%-1.6%4.7K-169.9K-4.6K1.1866.00N/AN/A4445262,1401,242
2022-04-22$9.71$8.7561.5%17.6%52.1%52.9%64.3%8.9%-4.8%3.5K-139.9K-4.4K1.1479.30N/AN/A4625262,1441,316
2022-04-25$9.82$10.0070.5%20.2%52.4%64.9%74.5%14.7%-15.6%5.9K-179.9K-4.6K1.0281.38N/AN/A4844962,1281,316
2022-04-26$9.37$10.0073.2%21.0%53.9%68.4%82.0%13.4%3.5%416-46.9K-4.3K1.0295.80N/AN/A4864962,1581,380
2022-04-27$9.32$10.0068.0%19.5%52.6%61.5%46.6%-9.2%-18.7%1.4K90.2K-4.1K100.0094.19N/AN/A22002,2501,378
2022-04-28$10.15$10.0069.4%19.9%60.4%63.4%60.9%20.1%-11.2%4.8K-350.5K-4.8K1.4086.35N/AN/A4606422,2501,578
2022-04-29$10.35$10.0063.7%18.3%60.3%55.8%67.0%5.9%6.2%8.5K-367.3K-4.8K1.26101.45N/AN/A5146462,2801,578