CVLG Options History — April 2023

In April 2023, CVLG traded between $16.97 and $19.60. ATM implied volatility averaged 54.8%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 24.2% (HV 20d: 30.6%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 6.77.

Notable Days

2023-04-28: Highest Volume — 434 contracts
2023-04-19: Largest IV drop — 37.5% change
2023-04-11: Highest IV Rank — 39.7%
2023-04-18: Largest Expected Move — 19.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.69	$16.97	$19.60	$17.59	$19.60
Max Pain	$17.50	$17.50	$17.50	$17.50	$17.50
ATM IV	54.8%	41.8%	68.6%	55.0%	49.0%
Expected Move	15.7%	12.0%	19.2%	15.8%	14.0%
HV 20d	30.6%	21.6%	45.1%	36.7%	45.1%
HV 60d	55.4%	34.4%	62.8%	62.4%	39.4%
IV Rank	24.4%	10.1%	39.7%	24.7%	18.0%
IV Percentile	53.9%	13.9%	86.5%	54.8%	39.3%
Term Structure	-3.8%	-22.9%	7.2%	3.6%	1.8%
VWIV	52.5%	38.7%	61.2%	61.2%	40.4%
Skew 25d	8.2%	-7.8%	24.5%	24.5%	17.3%
Skew 10d	11.0%	-12.9%	40.9%	4.9%	14.2%
Call IV 25d	44.6%	34.1%	59.1%	35.7%	41.9%
Put IV 25d	52.8%	36.5%	64.2%	60.1%	59.2%
Bid-Ask Spread %	113.76	97.07	125.28	119.89	108.37
Gamma HHI	0.29	0.24	0.33	0.31	0.27
Net GEX	9.2K	6.2K	11.0K	10.6K	7.1K
Net DEX	-280.2K	-372.9K	-134.6K	-320.5K	-372.9K
Net VEX	-2.0K	-2.5K	-1.7K	-1.9K	-2.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.77	0.00	30.00	0.00	30.00
Total Volume	44.211	0	434	0	434
Total OI	713.158	606	930	612	930

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-04-03	$17.59	$17.50	55.0%	15.8%	36.7%	24.7%	0.0%	24.5%	3.6%	10.6K	-320.5K	-1.9K	0.00	119.89	N/A	N/A	0	0	534	78
2023-04-04	$16.97	$17.50	52.7%	15.1%	37.3%	22.1%	0.0%	-1.6%	-0.3%	10.1K	-261.5K	-1.7K	0.00	120.52	N/A	N/A	10	0	534	78
2023-04-05	$17.00	$17.50	56.1%	16.1%	36.9%	25.9%	0.0%	13.6%	-4.5%	9.8K	-256.2K	-1.7K	0.50	125.28	N/A	N/A	8	4	528	78
2023-04-06	$17.04	$0.00	54.3%	15.6%	35.3%	23.9%	0.0%	5.1%	-8.5%	10.0K	-258.5K	-1.7K	0.00	119.43	N/A	N/A	8	0	534	82
2023-04-10	$17.66	$0.00	54.0%	17.5%	35.2%	23.6%	0.0%	-0.8%	-12.6%	11.0K	-287.8K	-1.7K	0.00	114.87	N/A	N/A	0	2	540	82
2023-04-11	$17.72	$0.00	68.6%	16.6%	33.9%	39.7%	0.0%	11.5%	-6.9%	10.9K	-301.9K	-1.8K	8.00	122.33	N/A	N/A	2	16	540	82
2023-04-12	$17.65	$0.00	49.0%	14.1%	33.7%	18.1%	0.0%	7.4%	7.2%	10.8K	-327.5K	-2.0K	0.00	123.69	N/A	N/A	0	10	542	96
2023-04-13	$17.55	$0.00	55.5%	15.9%	33.6%	25.3%	61.2%	14.8%	-8.7%	11.0K	-312.2K	-1.9K	0.00	104.14	N/A	N/A	0	20	542	106
2023-04-14	$17.53	$17.50	47.0%	13.5%	32.8%	15.8%	0.0%	-5.9%	3.4%	10.1K	-294.6K	-1.9K	0.00	119.02	N/A	N/A	0	0	542	126
2023-04-17	$17.54	$17.50	58.7%	16.8%	25.8%	28.8%	0.0%	13.1%	-5.5%	9.7K	-303.4K	-1.9K	0.00	117.82	N/A	N/A	0	2	542	126
2023-04-18	$17.59	$17.50	66.9%	19.2%	24.1%	37.8%	58.2%	13.0%	-20.1%	10.7K	-283.2K	-1.8K	0.00	115.00	N/A	N/A	0	94	542	128
2023-04-19	$17.99	$17.50	41.8%	12.0%	24.2%	10.1%	38.7%	-7.8%	6.0%	9.1K	-300.7K	-1.9K	10.00	111.12	N/A	N/A	2	20	542	216
2023-04-20	$18.08	$17.50	54.6%	15.6%	23.7%	24.2%	53.6%	16.5%	-1.0%	10.1K	-349.4K	-2.1K	15.00	108.25	N/A	N/A	4	60	544	236
2023-04-21	$17.94	$17.50	53.7%	15.4%	22.3%	23.3%	53.7%	-7.4%	-0.6%	6.4K	-270.8K	-2.1K	1.33	103.75	N/A	N/A	6	8	548	296
2023-04-24	$17.95	$17.50	56.0%	16.1%	22.3%	25.8%	56.3%	0.5%	-0.3%	6.4K	-236.3K	-2.1K	0.25	97.07	N/A	N/A	8	2	538	268
2023-04-25	$17.86	$17.50	61.2%	17.5%	21.6%	31.5%	0.0%	6.1%	-22.9%	7.1K	-219.0K	-2.1K	0.00	105.81	N/A	N/A	0	0	546	268
2023-04-26	$17.11	$17.50	55.3%	15.8%	26.4%	25.0%	57.8%	14.0%	-1.5%	6.2K	-134.6K	-1.9K	1.00	115.29	N/A	N/A	4	4	546	268
2023-04-27	$17.80	$17.50	51.4%	14.7%	30.0%	20.7%	0.0%	22.5%	-0.2%	7.1K	-233.4K	-2.1K	8.33	109.74	N/A	N/A	12	100	550	272
2023-04-28	$19.60	$17.50	49.0%	14.0%	45.1%	18.0%	40.4%	17.3%	1.8%	7.1K	-372.9K	-2.5K	30.00	108.37	N/A	N/A	14	420	560	370