CVLG Options History — July 2022

In July 2022, CVLG traded between $12.68 and $17.02. ATM implied volatility averaged 66.2%, placing in the 47.1% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 11.4% (HV 20d: 54.8%). Max pain ranged from $7.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.40.

Notable Days

  • 2022-07-26: Highest Volume — 1,092 contracts
  • 2022-07-11: Largest IV spike — 93.0% change
  • 2022-07-06: Highest IV Rank — 100.0%
  • 2022-07-08: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.22$12.68$17.02$12.68$16.71
Max Pain$11.81$7.50$15.00$10.00$15.00
ATM IV66.2%36.3%123.4%70.7%48.4%
Expected Move15.4%10.4%21.3%20.3%13.9%
HV 20d54.8%31.7%63.5%63.5%59.7%
HV 60d58.4%55.8%61.8%59.8%61.6%
IV Rank47.1%14.5%100.0%65.1%26.4%
IV Percentile57.5%6.7%100.0%87.7%32.9%
Term Structure-3.6%-31.1%9.9%-31.1%-5.2%
VWIV56.9%44.8%78.6%44.8%54.5%
Skew 25d6.6%-11.6%18.9%6.3%-3.7%
Skew 10d19.7%-9.8%48.7%4.9%9.6%
Call IV 25d55.0%43.4%80.2%50.9%51.2%
Put IV 25d61.5%47.5%82.6%57.2%47.5%
Bid-Ask Spread %96.3478.56107.24107.2495.92
Gamma HHI0.330.280.440.280.32
Net GEX18.3K15.4K22.3K19.9K16.6K
Net DEX-1.6M-2.6M-1.2M-1.2M-2.4M
Net VEX-3.1K-4.0K-2.3K-3.4K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.210.730.270.46
Total Volume689.42701,092750882
Total OI2,255.51,9163,2202,0163,220

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$12.68$10.0070.7%20.3%63.5%65.1%44.8%6.3%-31.1%19.9K-1.2M-3.4K0.27107.24N/AN/A5921581,560456
2022-07-05$12.71$11.2583.2%16.6%63.3%81.5%54.2%-5.8%-6.5%20.3K-1.3M-3.2K0.2797.63N/AN/A5861581,576456
2022-07-06$12.89$11.2599.9%15.5%63.1%100.0%62.5%-11.6%-0.2%18.4K-1.2M-3.2K0.2778.56N/AN/A5861581,494456
2022-07-07$12.99$11.25121.9%15.9%63.1%100.0%56.0%3.4%-4.2%15.6K-1.2M-3.1K0.2997.33N/AN/A5481581,494456
2022-07-08$13.23$11.2563.9%21.3%62.5%42.3%78.6%15.7%-24.8%18.3K-1.3M-3.1K0.2998.56N/AN/A5501581,488456
2022-07-11$13.18$11.25123.4%16.8%61.8%100.0%62.2%10.8%1.9%18.8K-1.3M-3.0K0.26102.48N/AN/A6121581,496456
2022-07-12$12.90$11.25116.1%17.0%55.5%92.9%75.6%14.2%-17.8%22.3K-1.3M-3.0K0.2698.18N/AN/A6121581,580456
2022-07-13$12.87$11.2559.4%17.0%54.6%37.2%61.0%18.9%-3.2%21.8K-1.3M-3.1K0.26106.99N/AN/A6121581,580462
2022-07-14$13.15$11.2555.4%15.9%53.3%33.3%56.5%8.9%8.3%19.8K-1.4M-3.0K0.2497.86N/AN/A6501581,580462
2022-07-15$13.46$11.2559.3%17.0%53.5%37.2%52.1%11.1%4.1%18.9K-1.4M-3.0K0.21103.31N/AN/A6281321,558462
2022-07-18$14.20$7.5040.9%11.7%46.8%19.1%52.2%11.2%3.6%16.9K-1.5M-2.7K0.7399.83N/AN/A1561141,438478
2022-07-19$14.60$11.2551.4%14.7%47.0%29.4%58.7%16.2%0.8%18.3K-1.7M-2.7K0.2685.87N/AN/A362941,506492
2022-07-20$14.53$11.2547.3%13.6%46.6%25.3%54.7%2.1%0.8%19.3K-1.8M-2.7K0.71106.44N/AN/A4283021,596472
2022-07-21$14.75$12.5046.9%13.5%46.4%25.0%51.2%1.8%-3.2%15.9K-1.8M-2.9K0.54103.95N/AN/A2101141,626686
2022-07-22$14.62$12.5054.0%15.5%47.1%32.0%50.0%2.0%-7.8%15.4K-1.8M-3.0K0.5189.74N/AN/A2261161,640708
2022-07-25$14.60$12.5051.4%14.7%31.7%29.4%59.8%11.5%3.8%16.5K-1.8M-3.2K0.5987.77N/AN/A2661561,666732
2022-07-26$17.00$12.5048.5%13.9%60.2%26.5%53.2%7.1%9.9%17.7K-2.6M-2.3K0.5578.58N/AN/A7043881,754772
2022-07-27$17.02$15.0046.6%13.3%56.8%24.6%45.2%0.6%-2.8%19.3K-2.5M-3.3K0.5195.35N/AN/A6463282,0221,114
2022-07-28$16.39$15.0036.3%10.4%59.9%14.5%54.7%10.5%1.2%16.4K-2.3M-4.0K0.6195.29N/AN/A4762902,0241,180
2022-07-29$16.71$15.0048.4%13.9%59.7%26.4%54.5%-3.7%-5.2%16.6K-2.4M-3.7K0.4695.92N/AN/A6042782,0421,178