CVLG Options History — September 2023

In September 2023, CVLG traded between $21.52 and $25.11. ATM implied volatility averaged 35.5%, placing in the 15.3% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 12.6% (HV 20d: 23.0%). Max pain ranged from $22.50 to $27.50. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 11.63.

Notable Days

  • 2023-09-11: Highest Volume — 658 contracts
  • 2023-09-08: Largest IV spike — 79.4% change
  • 2023-09-27: Highest IV Rank — 31.4%
  • 2023-09-27: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.76$21.52$25.11$25.11$21.98
Max Pain$23.38$22.50$27.50$25.00$22.50
ATM IV35.5%19.6%53.2%39.1%36.0%
Expected Move10.4%8.2%13.3%11.2%10.3%
HV 20d23.0%20.6%28.0%26.6%22.5%
HV 60d36.3%35.8%36.9%36.2%35.9%
IV Rank15.3%0.0%31.4%10.8%19.3%
IV Percentile13.6%0.0%62.3%13.5%9.5%
Term Structure2.8%-18.8%15.0%-8.0%15.0%
VWIV35.2%17.7%56.3%26.4%36.1%
Skew 25d7.2%-40.1%136.2%136.2%-0.6%
Skew 10d9.3%-29.5%212.1%212.1%-7.2%
Call IV 25d35.9%24.5%67.4%41.9%38.1%
Put IV 25d43.1%18.3%178.0%178.0%37.6%
Bid-Ask Spread %96.5582.69113.11104.4982.69
Gamma HHI0.460.320.840.640.36
Net GEX-105.2K-945.1K253.5K222.0K-139.6K
Net DEX1.3M-1.6M2.1M-1.6M2.0M
Net VEX-12.3K-15.3K-10.8K-12.9K-12.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.630.00108.670.008.71
Total Volume96.226584272
Total OI7,821.14,46211,60010,6704,680

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$25.11$25.0039.1%11.2%26.6%10.8%0.0%136.2%-8.0%222.0K-1.6M-12.9K0.00104.49N/AN/A404,1426,528
2023-09-05$24.32$27.5031.6%10.6%28.0%2.0%26.4%-9.5%1.0%229.6K-159.9K-15.3K0.0098.55N/AN/A0404,1466,528
2023-09-06$24.25$27.5032.7%11.3%27.8%3.3%34.2%-5.2%-2.5%203.9K-443.8K-10.9K7.0094.46N/AN/A2144,1466,568
2023-09-07$23.93$27.5027.0%10.7%26.1%0.0%41.2%-2.1%3.6%253.5K-152.8K-11.3K0.33101.93N/AN/A624,1466,566
2023-09-08$23.36$22.5048.5%12.6%23.3%24.3%38.6%7.8%0.4%9.3K1.3M-12.6K2.8889.44N/AN/A1002884,1526,566
2023-09-11$22.99$22.5053.2%9.4%23.3%29.6%17.7%-16.9%-2.9%-47.7K1.7M-12.6K108.67113.11N/AN/A66524,2126,852
2023-09-12$22.61$22.5019.6%10.2%23.0%0.0%0.0%5.6%-10.7%-315.4K2.0M-12.1K42.0086.54N/AN/A2844,2167,384
2023-09-13$22.80$22.5030.8%8.8%23.4%11.7%31.6%14.7%10.9%-268.2K1.9M-12.2K2.0094.47N/AN/A244,2147,382
2023-09-14$22.85$22.5032.7%9.4%22.2%13.6%33.2%6.5%13.4%-191.9K1.8M-12.9K0.50100.45N/AN/A1684,2167,200
2023-09-15$22.52$22.5032.0%9.2%21.3%14.5%32.2%2.1%11.2%-945.1K2.0M-12.3K0.6786.17N/AN/A48324,2367,208
2023-09-18$22.41$22.5035.1%10.1%20.9%18.2%0.0%-10.8%4.0%-118.9K1.4M-10.8K0.0095.70N/AN/A4204743,988
2023-09-19$22.55$22.5033.1%9.5%21.2%15.8%36.4%-40.1%12.7%-111.4K1.3M-11.6K0.3397.74N/AN/A1245143,988
2023-09-20$22.55$22.5030.8%8.8%21.1%13.1%33.9%5.9%13.7%-114.2K1.7M-13.5K0.0096.57N/AN/A205223,986
2023-09-21$22.03$22.5034.0%9.7%20.6%16.9%34.0%-2.4%2.2%-116.2K1.5M-12.0K0.5896.22N/AN/A48285243,986
2023-09-22$21.85$22.5040.3%11.5%20.6%24.3%37.8%12.3%1.5%-120.7K1.7M-11.6K0.0093.04N/AN/A01265184,008
2023-09-25$22.05$22.5035.4%10.2%21.1%18.5%35.6%31.4%14.3%-131.3K1.8M-11.7K13.0098.09N/AN/A2265184,128
2023-09-26$21.52$22.5028.7%8.2%22.1%10.6%38.1%3.1%-1.4%-144.2K1.9M-12.0K0.0095.23N/AN/A405204,142
2023-09-27$21.57$22.5046.3%13.3%21.7%31.4%56.3%-1.3%-4.8%-135.3K2.1M-12.8K11.00104.37N/AN/A2225164,142
2023-09-28$21.90$22.5043.6%12.5%22.4%28.2%35.1%7.6%-18.8%-121.5K1.9M-12.7K0.00101.65N/AN/A0245164,144
2023-09-29$21.98$22.5036.0%10.3%22.5%19.3%36.1%-0.6%15.0%-139.6K2.0M-12.5K8.7182.69N/AN/A282445164,164