CVLG Options History — June 2023

In June 2023, CVLG traded between $19.38 and $22.07. ATM implied volatility averaged 49.0%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 17.6% (HV 20d: 31.5%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 8.12.

Notable Days

  • 2023-06-07: Highest Volume — 246 contracts
  • 2023-06-06: Largest IV drop — 43.3% change
  • 2023-06-05: Highest IV Rank — 47.3%
  • 2023-06-12: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.50$19.38$22.07$19.38$21.94
Max Pain$19.76$17.50$20.00$20.00$20.00
ATM IV49.0%33.6%75.5%57.5%41.0%
Expected Move13.1%9.6%17.0%16.5%11.8%
HV 20d31.5%23.9%33.9%23.9%32.6%
HV 60d38.5%37.4%39.9%38.9%37.4%
IV Rank18.1%1.1%47.3%27.4%9.3%
IV Percentile39.3%0.8%93.3%71.8%14.7%
Term Structure1.6%-28.6%18.4%-24.7%8.5%
VWIV39.6%29.6%49.1%49.1%40.8%
Skew 25d1.5%-20.8%26.5%-20.8%2.4%
Skew 10d9.7%-16.7%69.2%-11.4%18.3%
Call IV 25d39.6%27.9%76.4%76.4%36.8%
Put IV 25d41.1%29.0%55.7%55.6%39.2%
Bid-Ask Spread %102.8996.95112.17112.1798.95
Gamma HHI0.450.340.650.460.36
Net GEX-26.1K-67.3K-11.6K-15.6K-18.4K
Net DEX202.9K-98.0K494.3K219.9K30.0K
Net VEX-4.6K-5.0K-3.7K-3.9K-4.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.120.0060.500.005.00
Total Volume53.6190246236
Total OI1,686.6671,4401,9141,4401,766

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$19.38$20.0057.5%16.5%23.9%27.4%0.0%-20.8%-24.7%-15.6K219.9K-3.9K0.00112.17N/AN/A20526914
2023-06-02$20.18$20.0056.3%16.1%24.6%26.1%0.0%26.5%-28.6%-15.8K-16.6K-3.8K0.00106.62N/AN/A40528914
2023-06-05$19.54$20.0075.5%13.7%27.3%47.3%0.0%0.0%1.9%-11.6K197.5K-3.8K20.00104.49N/AN/A240532914
2023-06-06$20.10$20.0042.8%12.0%29.1%11.3%0.0%-7.5%4.4%-22.1K9.9K-3.7K30.00102.99N/AN/A260534954
2023-06-07$20.74$20.0060.5%15.1%30.6%30.7%0.0%-6.5%-2.0%-18.9K-98.0K-4.0K60.50102.97N/AN/A42425341,014
2023-06-08$20.45$20.0053.0%12.9%31.1%22.5%0.0%-8.6%2.2%-27.3K80.8K-4.8K0.0099.21N/AN/A0245361,254
2023-06-09$19.86$20.0074.2%13.4%32.9%45.8%49.1%-9.1%-0.4%-24.7K301.7K-4.8K0.00100.93N/AN/A405361,274
2023-06-12$20.14$20.0048.5%17.0%33.1%17.6%0.0%2.4%-3.4%-40.3K267.7K-4.7K0.00103.69N/AN/A005381,274
2023-06-13$19.98$20.0055.1%13.1%33.4%24.8%46.0%9.1%2.4%-39.6K257.6K-4.5K20.00100.56N/AN/A4805381,274
2023-06-14$19.70$20.0046.5%13.3%33.1%15.3%0.0%-7.2%-0.4%-32.0K366.1K-4.8K0.00102.84N/AN/A025421,354
2023-06-15$19.90$20.0049.2%14.1%32.2%18.3%43.9%7.7%-9.0%-43.3K315.4K-4.7K1.50106.85N/AN/A12185421,356
2023-06-16$20.09$17.5033.6%9.6%32.3%1.1%34.3%-0.6%18.1%-67.3K317.5K-4.8K1.33104.52N/AN/A60805521,362
2023-06-20$19.93$20.0042.4%12.2%32.2%10.8%29.6%9.9%2.5%-26.1K494.3K-4.7K0.5696.95N/AN/A32183681,200
2023-06-21$20.15$17.5039.8%11.4%32.1%7.9%35.6%-6.8%11.9%-23.5K423.6K-4.9K0.80100.70N/AN/A40323921,216
2023-06-22$20.95$20.0045.3%13.0%33.9%14.0%41.6%8.4%3.4%-20.9K272.8K-4.8K0.91100.66N/AN/A46423861,240
2023-06-23$20.84$20.0043.9%12.6%33.4%12.4%31.9%20.4%2.9%-23.1K294.0K-5.0K0.18104.20N/AN/A2243941,282
2023-06-26$21.11$20.0042.9%12.3%33.5%11.3%40.4%6.7%18.4%-21.7K234.3K-4.9K0.1398.67N/AN/A1624141,280
2023-06-27$21.60$20.0036.1%10.3%33.9%3.8%37.7%2.7%11.7%-20.0K134.9K-4.8K0.67102.44N/AN/A24164221,282
2023-06-28$21.86$20.0042.7%12.2%33.1%11.1%0.0%-10.1%3.1%-18.8K90.0K-4.7K2.57111.20N/AN/A421084261,292
2023-06-29$22.07$20.0042.6%12.2%32.4%11.0%44.1%11.6%9.9%-16.5K66.6K-4.8K2.0099.06N/AN/A244641,300
2023-06-30$21.94$20.0041.0%11.8%32.6%9.3%40.8%2.4%8.5%-18.4K30.0K-4.7K5.0098.95N/AN/A6304621,304