CVLG Options History — May 2022

In May 2022, CVLG traded between $9.92 and $11.33. ATM implied volatility averaged 63.2%, placing in the 55.1% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 1.0% (HV 20d: 62.1%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.15.

Notable Days

  • 2022-05-02: Highest Volume — 1,162 contracts
  • 2022-05-18: Largest IV spike — 48.1% change
  • 2022-05-09: Highest IV Rank — 93.6%
  • 2022-05-04: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.75$9.92$11.33$10.52$11.33
Max Pain$11.73$10.00$12.50$10.00$11.25
ATM IV63.2%45.0%92.3%47.6%50.6%
Expected Move17.3%12.9%22.4%13.7%14.5%
HV 20d62.1%51.6%70.7%57.9%63.4%
HV 60d51.1%46.2%55.2%46.2%55.2%
IV Rank55.1%31.1%93.6%34.6%38.5%
IV Percentile72.1%26.6%98.4%39.7%46.0%
Term Structure-5.9%-39.0%22.5%22.5%0.7%
VWIV62.9%46.9%85.7%47.4%47.3%
Skew 25d10.2%-8.3%43.4%-0.1%8.5%
Skew 10d24.9%-12.6%65.7%5.9%8.8%
Call IV 25d57.3%46.4%79.2%61.4%49.6%
Put IV 25d67.5%51.7%104.2%61.3%58.1%
Bid-Ask Spread %103.7686.80114.14100.30102.83
Gamma HHI0.240.200.300.200.29
Net GEX14.6K10.1K21.9K11.0K21.9K
Net DEX-549.6K-790.5K-274.8K-504.7K-653.9K
Net VEX-4.3K-4.9K-3.6K-4.9K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.311.731.250.31
Total Volume882.5715661,1621,162588
Total OI3,5422,8403,8603,8162,896

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$10.52$10.0047.6%13.7%57.9%34.6%47.4%-0.1%22.5%11.0K-504.7K-4.9K1.25100.30N/AN/A5166462,2381,578
2022-05-03$10.88$10.0067.8%19.4%58.6%61.3%69.5%16.6%-17.0%13.3K-593.5K-4.9K1.4688.93N/AN/A4146062,2421,578
2022-05-04$11.30$10.0078.2%22.4%56.6%75.0%85.7%43.4%-21.5%17.1K-790.5K-4.9K1.63111.79N/AN/A3706022,2421,578
2022-05-05$10.68$12.5063.8%16.4%60.9%56.0%62.2%15.9%-8.7%11.5K-536.9K-4.7K1.6395.42N/AN/A3706022,2421,576
2022-05-06$11.13$12.5064.8%16.9%62.2%57.2%62.9%-4.1%0.5%14.4K-691.1K-4.9K1.7295.78N/AN/A3706362,2421,576
2022-05-09$10.98$12.5092.3%19.0%61.0%93.6%63.3%12.9%-20.7%12.2K-654.0K-4.8K1.70109.37N/AN/A3706302,2421,550
2022-05-10$10.97$12.5082.6%18.1%60.7%80.8%62.7%7.3%-2.5%11.4K-678.5K-4.8K1.63114.14N/AN/A3706042,2421,550
2022-05-11$10.73$12.5077.8%22.3%61.5%74.5%73.3%14.6%-39.0%10.6K-585.1K-4.6K1.73108.94N/AN/A3486022,2421,558
2022-05-12$11.07$12.5058.6%16.8%61.6%49.1%63.2%-8.3%2.4%17.0K-650.3K-4.5K1.5399.93N/AN/A3966062,2341,558
2022-05-13$11.00$12.5062.9%18.0%51.6%54.8%56.0%21.3%-2.5%13.3K-681.4K-4.5K1.18107.57N/AN/A5146062,1921,562
2022-05-16$10.61$12.5055.4%15.9%53.5%44.8%71.0%3.1%-0.8%14.3K-507.3K-4.4K1.68109.66N/AN/A3606062,2821,556
2022-05-17$11.08$12.5045.0%12.9%54.6%31.1%46.9%3.9%7.3%19.6K-649.0K-4.1K1.68108.77N/AN/A3606062,2781,556
2022-05-18$9.92$12.5066.7%19.1%68.5%59.7%82.1%1.9%2.9%10.1K-302.2K-3.9K1.39110.07N/AN/A3745182,2801,556
2022-05-19$10.05$12.5057.5%16.5%68.6%47.7%54.7%12.9%-11.7%12.4K-274.8K-3.7K0.8786.80N/AN/A5244562,2981,562
2022-05-20$10.56$11.2565.1%18.7%70.5%57.7%61.3%25.9%-10.2%14.7K-537.3K-4.0K0.87101.14N/AN/A5224562,2861,542
2022-05-23$10.42$11.2554.2%15.5%70.7%43.3%60.7%4.7%7.4%15.2K-410.1K-3.9K0.58106.92N/AN/A4302482,206634
2022-05-24$10.34$11.2566.9%19.2%68.3%60.1%65.7%12.4%-11.8%15.5K-382.8K-3.6K0.36105.09N/AN/A4301562,214634
2022-05-25$10.39$11.2556.6%16.2%68.2%46.4%58.2%1.5%-0.9%14.8K-390.6K-3.6K0.38110.30N/AN/A4121562,214634
2022-05-26$10.84$11.2562.1%17.8%63.0%53.7%63.6%-3.0%-16.2%16.9K-511.6K-3.8K0.3293.86N/AN/A4281382,216634
2022-05-27$11.00$11.2549.6%14.2%62.9%37.3%62.5%23.3%-4.6%19.1K-556.4K-3.8K0.34111.36N/AN/A4401482,236646
2022-05-31$11.33$11.2550.6%14.5%63.4%38.5%47.3%8.5%0.7%21.9K-653.9K-3.7K0.31102.83N/AN/A4481402,250646