CVLG Options History — August 2022

In August 2022, CVLG traded between $14.23 and $16.93. ATM implied volatility averaged 46.2%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded below realized volatility by 11.8% (HV 20d: 57.9%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 4.40.

Notable Days

  • 2022-08-02: Highest Volume — 1,008 contracts
  • 2022-08-17: Largest IV spike — 47.9% change
  • 2022-08-31: Highest IV Rank — 29.6%
  • 2022-08-31: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.15$14.23$16.93$16.93$14.23
Max Pain$11.47$10.00$15.00$15.00$11.25
ATM IV46.2%35.2%59.3%45.2%59.3%
Expected Move13.1%10.1%17.0%13.0%17.0%
HV 20d57.9%36.4%66.8%59.7%42.2%
HV 60d58.0%54.5%61.4%61.3%58.3%
IV Rank18.6%4.1%29.6%23.3%29.6%
IV Percentile27.1%4.8%67.1%20.2%67.1%
Term Structure0.1%-11.6%19.5%0.4%-2.0%
VWIV51.5%38.0%64.0%49.0%61.9%
Skew 25d5.6%-12.4%19.7%1.1%-0.7%
Skew 10d18.5%-6.4%118.1%3.1%-2.2%
Call IV 25d48.9%34.3%61.6%48.8%61.6%
Put IV 25d54.5%40.9%71.1%49.9%60.9%
Bid-Ask Spread %99.9190.03112.4790.3090.27
Gamma HHI0.340.200.490.370.27
Net GEX9.0K-5.7K16.6K16.5K-5.7K
Net DEX-2.0M-2.5M-991.2K-2.5M-991.2K
Net VEX-3.6K-4.0K-3.2K-3.2K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.400.0048.000.481.50
Total Volume282.95741,008844526
Total OI3,230.1742,7823,6783,1142,830

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$16.93$15.0045.2%13.0%59.7%23.3%49.0%1.1%0.4%16.5K-2.5M-3.2K0.4890.30N/AN/A5702741,9161,198
2022-08-02$15.95$15.0038.9%11.2%65.2%17.2%49.0%-2.2%19.5%12.3K-2.1M-3.6K0.8994.74N/AN/A5344741,9061,222
2022-08-03$16.43$15.0041.7%11.9%65.5%19.8%46.7%6.2%-4.2%14.8K-2.3M-3.6K0.6495.91N/AN/A5563581,9081,334
2022-08-04$16.38$10.0043.9%10.1%65.8%22.0%55.9%3.4%5.0%13.8K-2.2M-4.0K0.49101.62N/AN/A5262581,9041,374
2022-08-05$16.39$10.0043.8%15.2%65.8%21.9%54.4%-6.7%-11.6%15.7K-2.2M-3.6K0.5690.03N/AN/A4462521,9401,390
2022-08-08$16.43$10.0043.0%11.0%65.7%21.2%59.2%14.0%-7.3%16.6K-2.3M-3.7K0.8498.74N/AN/A3462921,9541,390
2022-08-09$15.92$10.0039.7%10.1%66.5%17.9%39.6%-6.1%11.9%12.5K-2.0M-3.8K0.14101.18N/AN/A4461,9521,428
2022-08-10$16.41$10.0052.0%14.9%66.6%22.4%54.2%5.8%-8.8%15.7K-2.2M-3.7K48.00100.73N/AN/A62881,9541,426
2022-08-11$16.77$11.2550.7%14.5%66.6%21.0%45.1%-12.4%0.7%12.6K-2.3M-3.9K11.5098.42N/AN/A4461,9581,692
2022-08-12$16.65$11.2550.3%14.4%66.8%20.6%0.0%8.9%-5.0%13.1K-2.2M-3.8K2.17106.44N/AN/A12261,9581,666
2022-08-15$16.43$11.2543.7%12.5%65.4%13.4%47.1%14.3%-2.1%9.5K-2.1M-3.8K2.0098.27N/AN/A241,9541,674
2022-08-16$16.61$11.2535.2%10.1%64.9%4.1%38.0%15.1%2.5%14.0K-2.3M-3.4K0.2495.96N/AN/A42101,9541,674
2022-08-17$16.25$11.2552.0%14.9%65.6%22.5%0.0%-2.5%-8.0%10.3K-2.1M-3.7K0.44101.61N/AN/A1881,9861,678
2022-08-18$16.55$11.2548.1%13.8%65.7%18.2%0.0%7.2%2.0%5.9K-2.2M-3.6K1.0099.51N/AN/A222,0041,674
2022-08-19$16.34$11.2547.3%13.6%65.8%17.3%48.2%19.7%-0.2%4.3K-2.1M-3.7K0.08106.20N/AN/A5242,0041,672
2022-08-22$16.27$11.2541.8%12.0%65.9%11.3%41.2%12.6%-2.0%6.3K-1.9M-3.7K0.33104.11N/AN/A621,6221,188
2022-08-23$16.68$11.2549.0%14.0%37.9%19.1%56.7%7.5%-2.2%6.1K-2.0M-3.2K0.00102.46N/AN/A5001,6261,190
2022-08-24$16.34$11.2537.1%10.6%38.6%6.2%0.0%3.0%11.5%7.2K-1.9M-3.6K0.00105.37N/AN/A0121,6261,190
2022-08-25$16.50$11.2546.9%13.4%36.4%16.8%64.0%5.1%3.4%6.6K-1.9M-3.3K23.00101.73N/AN/A2461,6261,178
2022-08-26$15.93$11.2548.3%13.8%37.8%18.3%48.6%8.8%4.9%4.3K-1.7M-3.6K0.00109.16N/AN/A1601,6261,220
2022-08-29$14.57$11.2556.3%16.1%48.2%27.1%56.0%7.0%-4.2%-1.1K-1.2M-3.7K0.1192.64N/AN/A188201,6261,220
2022-08-30$14.48$11.2547.9%13.7%44.0%17.1%63.5%19.1%-2.2%-3.9K-1.2M-3.5K2.42112.47N/AN/A521261,5561,226
2022-08-31$14.23$11.2559.3%17.0%42.2%29.6%61.9%-0.7%-2.0%-5.7K-991.2K-3.6K1.5090.27N/AN/A2103161,5281,302