CVLG Options History — September 2022

In September 2022, CVLG traded between $13.81 and $14.99. ATM implied volatility averaged 59.8%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 16.5% (HV 20d: 43.3%). Max pain ranged from $11.25 to $15.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.43.

Notable Days

  • 2022-09-16: Highest Volume — 1,046 contracts
  • 2022-09-12: Largest IV spike — 165.0% change
  • 2022-09-13: Highest IV Rank — 91.3%
  • 2022-09-29: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.31$13.81$14.99$14.22$14.47
Max Pain$14.64$11.25$15.00$11.25$15.00
ATM IV59.8%32.8%115.4%48.2%67.8%
Expected Move15.9%12.5%20.9%13.8%19.4%
HV 20d43.3%34.4%48.6%42.3%39.8%
HV 60d53.5%49.9%58.3%58.3%51.3%
IV Rank30.1%0.5%91.3%17.4%38.6%
IV Percentile56.0%0.4%98.8%29.4%79.4%
Term Structure-5.6%-19.8%9.7%6.0%-13.2%
VWIV55.9%36.0%70.9%51.4%67.2%
Skew 25d4.5%-13.2%22.7%7.7%5.2%
Skew 10d12.2%-13.7%38.7%-0.5%17.6%
Call IV 25d51.9%33.9%66.8%55.2%65.0%
Put IV 25d56.4%39.9%81.7%62.9%70.2%
Bid-Ask Spread %108.0498.48118.53105.71107.73
Gamma HHI0.290.210.490.250.37
Net GEX-2.3K-20.1K13.8K-6.4K13.0K
Net DEX-663.5K-1.1M-131.2K-981.9K-522.9K
Net VEX-3.6K-4.7K-3.0K-3.5K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.0010.003.670.29
Total Volume283.71401,04628644
Total OI2,321.1431,3743,0302,8041,920

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$14.22$11.2548.2%13.8%42.3%17.4%51.4%7.7%6.0%-6.4K-981.9K-3.5K3.67105.71N/AN/A6221,5001,304
2022-09-02$13.91$11.2544.2%12.7%42.5%13.0%36.0%9.8%9.7%-8.8K-855.6K-3.4K10.00102.05N/AN/A2201,4941,304
2022-09-06$13.88$15.0056.2%12.5%42.4%26.2%51.7%5.3%-4.5%-9.7K-919.6K-3.2K1.06106.64N/AN/A1681781,4961,324
2022-09-07$14.46$15.0056.6%13.5%44.8%26.7%50.5%-10.1%-2.3%-10.6K-1.1M-3.1K0.99104.21N/AN/A2162141,4921,324
2022-09-08$14.51$15.0056.3%17.6%43.0%26.3%46.7%11.6%-19.8%-5.4K-1.0M-3.5K1.00111.55N/AN/A32321,5361,386
2022-09-09$14.59$15.0032.8%12.9%42.0%0.5%38.0%-3.1%5.9%-20.1K-1.0M-3.3K1.60112.81N/AN/A10161,5621,418
2022-09-12$14.56$15.0086.9%17.5%42.0%59.9%60.7%-13.2%-18.2%-12.1K-1.0M-3.3K1.00108.26N/AN/A16161,5221,438
2022-09-13$14.21$15.00115.4%16.3%42.5%91.3%54.0%-1.4%-5.7%-14.0K-821.8K-3.2K0.52101.80N/AN/A2721421,5141,448
2022-09-14$14.43$15.0046.2%13.2%42.7%15.2%45.0%20.5%2.2%-12.9K-1.1M-3.3K3.50113.09N/AN/A4141,5821,448
2022-09-15$14.62$15.0047.9%13.7%42.9%17.1%0.0%6.5%6.3%-13.5K-1.1M-3.2K0.00118.53N/AN/A001,5781,446
2022-09-16$13.81$15.0044.7%12.8%45.6%13.6%49.5%3.7%5.9%649-737.3K-3.0K0.55111.23N/AN/A6763701,5781,446
2022-09-19$14.35$15.0060.0%17.2%48.5%30.4%59.7%-1.4%-9.8%576-146.5K-3.3K0.03110.44N/AN/A602640734
2022-09-20$14.14$15.0057.3%16.4%48.6%27.1%62.7%-7.7%-4.3%1.3K-174.7K-3.4K0.00109.54N/AN/A60678736
2022-09-21$14.26$15.0058.9%16.9%47.5%28.8%59.7%14.3%-7.6%1.8K-157.6K-3.3K1.76104.80N/AN/A3460680736
2022-09-22$14.14$15.0058.7%16.8%47.2%28.6%0.0%13.9%-9.3%1.7K-169.6K-3.5K0.00108.16N/AN/A00710790
2022-09-23$13.96$15.0058.3%16.7%46.8%28.2%56.2%1.7%-10.5%974-131.2K-3.5K0.02112.00N/AN/A3006710790
2022-09-26$14.06$15.0059.3%17.0%46.0%29.3%64.5%-0.6%-8.9%7.8K-316.9K-4.4K0.29110.25N/AN/A4501321,010784
2022-09-27$14.23$15.0059.9%17.2%34.4%30.0%66.8%4.8%-6.2%11.0K-487.6K-4.5K0.29106.59N/AN/A4501321,094784
2022-09-28$14.99$15.0068.3%19.6%39.2%39.2%70.4%22.7%-15.9%11.7K-626.6K-4.7K0.2798.48N/AN/A4941321,096784
2022-09-29$14.64$15.0073.0%20.9%39.6%44.3%70.9%5.1%-17.0%13.8K-574.3K-4.7K0.27105.04N/AN/A4981321,144784
2022-09-30$14.47$15.0067.8%19.4%39.8%38.6%67.2%5.2%-13.2%13.0K-522.9K-4.5K0.29107.73N/AN/A4981461,142778