CVLG Options History — November 2022

In November 2022, CVLG traded between $17.76 and $19.94. ATM implied volatility averaged 48.1%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 16.0% (HV 20d: 64.0%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.85.

Notable Days

  • 2022-11-16: Highest Volume — 608 contracts
  • 2022-11-30: Largest IV drop — 29.2% change
  • 2022-11-04: Highest IV Rank — 30.9%
  • 2022-11-09: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.08$17.76$19.94$18.60$19.11
Max Pain$15.24$15.00$17.50$17.50$15.00
ATM IV48.1%35.9%60.8%51.4%35.9%
Expected Move13.4%10.3%15.9%14.7%10.3%
HV 20d64.0%49.7%75.2%62.5%49.7%
HV 60d52.2%49.4%55.0%50.0%51.0%
IV Rank16.8%3.5%30.9%20.6%3.5%
IV Percentile24.6%1.2%63.5%36.1%1.2%
Term Structure-1.8%-11.6%11.7%-2.7%3.5%
VWIV51.5%44.2%62.2%48.6%62.2%
Skew 25d6.6%-6.2%24.4%9.9%24.4%
Skew 10d16.4%-13.7%28.7%8.5%24.0%
Call IV 25d44.2%36.7%57.4%40.0%41.6%
Put IV 25d50.8%41.1%66.0%49.9%66.0%
Bid-Ask Spread %104.7996.07115.71111.48104.55
Gamma HHI0.210.190.250.220.22
Net GEX25.5K21.2K32.0K23.4K27.3K
Net DEX-1.8M-2.2M-1.5M-1.6M-1.8M
Net VEX-4.1K-4.7K-3.0K-4.3K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.065.330.930.18
Total Volume307.1432660821626
Total OI2,249.2382,1042,4922,1102,476

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$18.60$17.5051.4%14.7%62.5%20.6%48.6%9.9%-2.7%23.4K-1.6M-4.3K0.93111.48N/AN/A1121041,370740
2022-11-02$18.20$17.5051.3%14.7%63.5%20.4%56.4%-1.0%-3.1%22.4K-1.5M-4.0K0.91115.71N/AN/A1161061,364740
2022-11-03$18.30$15.0054.2%14.9%63.2%23.6%51.7%7.7%-3.8%23.2K-1.6M-4.3K0.91102.45N/AN/A1161061,368742
2022-11-04$18.68$15.0060.8%15.0%62.2%30.9%51.2%14.6%3.6%21.9K-1.7M-4.5K0.91106.74N/AN/A1161061,368742
2022-11-07$19.14$15.0056.0%12.8%62.1%25.6%50.7%7.7%5.1%21.2K-1.7M-4.4K0.9096.07N/AN/A1181061,366742
2022-11-08$19.14$15.0046.1%11.0%62.2%14.7%48.9%6.9%6.5%22.3K-1.8M-3.8K0.88100.12N/AN/A1201061,368742
2022-11-09$17.76$15.0055.3%15.9%69.1%24.9%58.9%13.3%-11.6%24.2K-1.5M-4.0K0.85104.48N/AN/A1181001,372742
2022-11-10$19.39$15.0047.1%13.5%74.7%15.8%57.7%18.1%1.7%26.6K-1.9M-3.3K0.97109.08N/AN/A1161121,372744
2022-11-11$19.16$15.0047.1%13.5%73.8%15.8%49.2%0.3%11.7%21.9K-1.9M-3.9K0.95107.69N/AN/A1181121,372732
2022-11-14$19.75$15.0041.6%11.9%73.9%9.8%49.4%-1.4%-3.1%26.1K-2.0M-3.0K0.31107.56N/AN/A3701161,376732
2022-11-15$19.82$15.0042.1%12.1%74.0%10.2%46.3%11.5%-3.8%29.3K-2.2M-4.7K0.28104.39N/AN/A4221181,662736
2022-11-16$19.25$15.0047.4%13.6%75.2%16.1%49.3%5.0%1.5%27.6K-1.9M-4.1K0.41104.00N/AN/A4301781,582738
2022-11-17$19.41$15.0045.9%13.2%72.2%14.5%49.7%4.8%-7.8%28.8K-1.9M-4.2K0.28106.17N/AN/A3961101,608762
2022-11-18$19.94$15.0047.1%13.5%68.5%15.9%49.0%4.2%-8.2%32.0K-2.1M-4.3K0.27101.02N/AN/A3941081,666772
2022-11-21$19.43$15.0046.3%13.3%58.1%14.9%51.4%4.8%-2.6%26.2K-1.9M-4.0K0.2599.52N/AN/A394981,576724
2022-11-22$19.38$15.0037.6%10.8%57.5%5.3%44.2%7.0%-0.2%26.3K-1.8M-4.1K0.25103.62N/AN/A4121021,560724
2022-11-23$19.14$15.0047.6%13.7%57.8%16.4%51.7%-0.8%-2.6%26.2K-1.8M-4.0K0.25105.34N/AN/A4501121,566730
2022-11-25$19.23$15.0047.2%13.5%56.9%15.9%51.8%3.7%-10.0%26.8K-2.0M-4.3K1.75103.50N/AN/A24421,604744
2022-11-28$18.91$15.0050.2%14.4%57.2%19.2%50.4%4.0%-1.0%23.6K-1.7M-4.3K0.06101.19N/AN/A9661,624794
2022-11-29$18.98$15.0050.8%14.6%50.5%19.8%52.1%-6.2%-10.9%27.9K-1.7M-4.4K5.33105.83N/AN/A6321,692800
2022-11-30$19.11$15.0035.9%10.3%49.7%3.5%62.2%24.4%3.5%27.3K-1.8M-4.0K0.18104.55N/AN/A2241,688788