CVLG Options History — December 2022

In December 2022, CVLG traded between $17.28 and $19.23. ATM implied volatility averaged 49.5%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 18.6% (HV 20d: 30.9%). 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 16 of 21 days. Put/call ratio averaged 1.79.

Notable Days

  • 2022-12-22: Highest Volume — 114 contracts
  • 2022-12-05: Largest IV spike — 108.9% change
  • 2022-12-08: Highest IV Rank — 48.0%
  • 2022-12-23: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.40$17.28$19.23$19.23$17.28
Max Pain$17.26$15.00$17.50$15.00$17.50
ATM IV49.5%36.3%76.3%49.8%50.0%
Expected Move12.5%9.4%17.5%14.3%14.3%
HV 20d30.9%20.2%49.8%49.0%26.3%
HV 60d49.4%48.3%51.0%50.5%48.8%
IV Rank18.4%3.8%48.0%18.8%19.0%
IV Percentile29.1%1.6%85.7%32.1%36.5%
Term Structure4.6%-11.0%18.4%-8.6%3.5%
VWIV38.8%24.2%59.1%59.1%50.0%
Skew 25d12.9%-10.1%36.2%29.0%1.3%
Skew 10d10.3%-14.9%48.0%48.0%-2.2%
Call IV 25d36.7%24.7%53.6%45.3%38.3%
Put IV 25d49.6%36.0%80.4%74.3%39.7%
Bid-Ask Spread %109.92100.29125.44107.91111.87
Gamma HHI0.220.180.270.240.19
Net GEX23.5K16.5K30.8K29.2K16.5K
Net DEX-1.3M-1.9M-600.4K-1.9M-600.4K
Net VEX-3.7K-4.3K-2.9K-3.7K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.790.0025.003.500.22
Total Volume20.190114022
Total OI2,153.811,6562,5622,4381,668

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$19.23$15.0049.8%14.3%49.0%18.8%0.0%29.0%-8.6%29.2K-1.9M-3.7K0.00107.91N/AN/A001,646792
2022-12-02$18.79$15.0036.3%10.4%49.8%3.8%0.0%32.9%-2.4%30.8K-1.7M-3.9K3.50107.70N/AN/A4141,646792
2022-12-05$18.55$17.5075.7%12.4%49.5%47.4%0.0%14.9%10.7%24.4K-1.6M-4.2K0.11107.29N/AN/A3641,644806
2022-12-06$18.95$17.5042.6%13.1%49.3%10.8%0.0%15.6%2.5%25.9K-1.6M-4.3K0.50105.71N/AN/A421,664808
2022-12-07$18.93$17.5041.3%9.8%49.3%9.4%0.0%14.6%4.1%27.3K-1.8M-4.0K0.00105.75N/AN/A4201,666808
2022-12-08$18.57$17.5076.3%13.4%41.6%48.0%0.0%18.9%0.5%27.0K-1.7M-4.2K25.00113.59N/AN/A2501,688810
2022-12-09$18.72$17.5057.8%14.0%26.7%27.6%59.1%30.8%14.0%26.8K-1.7M-3.9K0.00109.51N/AN/A021,688854
2022-12-12$18.98$17.5074.2%9.4%27.0%45.7%0.0%36.2%9.4%26.2K-1.6M-3.8K0.00109.08N/AN/A0221,688856
2022-12-13$18.86$17.5054.7%13.4%24.5%24.2%38.3%-10.1%4.6%24.7K-1.7M-4.3K1.00100.29N/AN/A441,688874
2022-12-14$18.89$17.5039.9%11.4%24.5%7.9%0.0%-2.5%4.5%27.8K-1.8M-3.8K0.00109.13N/AN/A401,688870
2022-12-15$18.63$17.5039.8%11.4%22.9%7.8%0.0%3.9%14.3%25.6K-1.7M-3.6K0.00108.34N/AN/A601,692870
2022-12-16$18.62$17.5040.4%11.6%22.6%8.4%0.0%5.2%4.1%18.7K-1.7M-4.2K0.00109.07N/AN/A201,692868
2022-12-19$18.36$17.5043.3%12.4%20.2%11.6%24.2%13.2%-9.7%19.8K-984.1K-3.3K0.04110.87N/AN/A5221,218450
2022-12-20$17.79$17.5041.7%11.9%21.1%9.8%0.0%14.3%15.3%20.9K-903.0K-3.3K0.00107.17N/AN/A401,266452
2022-12-21$18.20$17.5042.8%12.3%23.2%11.0%0.0%19.5%10.5%21.7K-942.8K-3.4K0.00110.76N/AN/A801,262452
2022-12-22$17.79$17.5036.8%10.5%24.0%4.4%36.9%6.6%18.4%20.0K-984.4K-3.6K0.10115.81N/AN/A104101,266452
2022-12-23$17.96$17.5060.9%17.5%24.3%31.0%0.0%16.4%-11.0%19.8K-803.7K-3.5K0.00125.44N/AN/A021,194462
2022-12-27$17.89$17.5039.1%11.2%23.9%7.0%24.4%15.0%14.9%20.1K-849.5K-3.2K0.00116.77N/AN/A601,196464
2022-12-28$17.63$17.5047.9%13.7%24.1%16.7%0.0%-1.4%0.0%19.5K-750.9K-3.2K0.00108.84N/AN/A1001,200464
2022-12-29$17.85$17.5047.3%13.6%24.5%16.0%0.0%-2.9%-2.0%21.4K-801.6K-3.3K0.00107.48N/AN/A201,202464
2022-12-30$17.28$17.5050.0%14.3%26.3%19.0%50.0%1.3%3.5%16.5K-600.4K-2.9K0.22111.87N/AN/A1841,204464