CVLG Options History — October 2023

In October 2023, CVLG traded between $19.35 and $23.04. ATM implied volatility averaged 45.4%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 16.7% (HV 20d: 28.7%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 16.78.

Notable Days

  • 2023-10-26: Highest Volume — 1,130 contracts
  • 2023-10-03: Largest IV spike — 60.3% change
  • 2023-10-19: Highest IV Rank — 64.7%
  • 2023-10-03: Largest Expected Move — 18.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.55$19.35$23.04$21.64$19.86
Max Pain$21.25$20.00$22.50$22.50$20.00
ATM IV45.4%27.3%63.4%39.6%30.1%
Expected Move13.0%7.8%18.2%11.3%8.6%
HV 20d28.7%19.2%39.5%21.1%39.3%
HV 60d33.0%27.7%36.3%35.6%29.6%
IV Rank38.7%13.2%64.7%23.4%18.0%
IV Percentile44.7%0.8%88.1%19.8%2.0%
Term Structure-2.3%-26.9%27.1%12.7%-0.7%
VWIV40.9%24.7%71.9%41.4%30.5%
Skew 25d5.0%-26.2%38.3%-2.3%-26.2%
Skew 10d-4.8%-35.1%32.5%-8.9%-35.1%
Call IV 25d44.6%26.0%59.6%46.2%48.0%
Put IV 25d49.6%21.9%78.9%43.9%21.9%
Bid-Ask Spread %96.2879.49108.8291.74100.62
Gamma HHI0.420.340.630.360.63
Net GEX-152.9K-264.2K-85.8K-143.4K-264.2K
Net DEX1.9M1.1M3.2M2.1M2.6M
Net VEX-10.0K-12.3K-8.4K-12.3K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.780.0072.000.772.52
Total Volume125.36401,130460
Total OI5,082.1824,2066,2064,9286,206

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$21.64$22.5039.6%11.3%21.1%23.4%41.4%-2.3%12.7%-143.4K2.1M-12.3K0.7791.74N/AN/A26205224,406
2023-10-03$21.33$22.5063.4%18.2%19.2%51.4%50.1%6.2%-26.9%-126.8K2.1M-12.2K35.0092.65N/AN/A2705304,426
2023-10-04$21.73$22.5039.0%11.2%21.2%22.7%40.5%15.1%27.1%-145.2K2.2M-11.9K0.0089.35N/AN/A085284,448
2023-10-05$22.09$20.0049.3%11.1%22.3%34.9%0.0%14.1%6.9%-128.7K1.7M-11.4K0.0099.15N/AN/A005284,448
2023-10-06$22.57$20.0033.9%11.7%22.7%16.8%0.0%7.3%3.6%-127.6K1.2M-10.3K3.0091.40N/AN/A265284,448
2023-10-09$22.64$20.0035.6%10.8%22.1%18.8%48.8%6.5%3.1%-136.1K1.3M-9.7K4.00102.84N/AN/A6245264,442
2023-10-10$23.04$20.0051.2%14.0%22.2%37.1%24.7%36.6%8.7%-114.5K1.2M-9.9K0.0093.21N/AN/A1605264,460
2023-10-11$22.71$20.0051.8%14.9%22.6%37.8%36.8%27.1%-6.1%-133.8K1.4M-9.7K0.0095.09N/AN/A605424,460
2023-10-12$22.52$20.0051.4%14.7%22.8%43.1%0.0%38.3%-9.8%-131.7K1.5M-9.6K0.0097.73N/AN/A405444,460
2023-10-13$21.73$20.0041.2%11.8%25.6%37.1%0.0%8.8%-14.1%-151.1K1.6M-9.3K0.0096.00N/AN/A4005444,460
2023-10-16$22.29$20.0043.5%12.5%27.2%41.2%0.0%8.0%-2.6%-169.7K1.7M-9.4K0.00100.44N/AN/A205804,460
2023-10-17$22.70$22.5054.6%15.6%28.0%60.2%0.0%-2.5%-18.7%-207.3K1.1M-8.9K0.0099.36N/AN/A085804,486
2023-10-18$21.86$22.5053.9%15.5%31.0%59.2%0.0%12.7%-17.7%-141.8K1.6M-8.7K0.0098.79N/AN/A205804,478
2023-10-19$21.02$22.5057.2%16.4%32.9%64.7%71.9%12.1%15.5%-170.5K2.5M-9.2K0.0095.05N/AN/A01545804,478
2023-10-20$21.59$22.5055.3%15.9%34.4%61.5%54.0%-2.6%-13.2%-85.8K1.9M-8.4K35.0097.82N/AN/A41405804,626
2023-10-23$21.29$22.5049.1%14.1%34.5%50.8%40.8%-6.3%-10.7%-104.7K1.5M-9.3K31.5092.23N/AN/A82525063,700
2023-10-24$21.39$22.5055.8%16.0%33.5%62.3%33.5%-12.8%-15.3%-125.5K1.7M-9.6K72.0093.02N/AN/A42885103,950
2023-10-25$20.89$22.5048.0%13.8%34.5%48.9%38.0%-13.0%-7.1%-135.5K2.0M-10.1K18.8379.49N/AN/A122265144,232
2023-10-26$20.02$22.5027.3%7.8%36.8%13.2%29.5%-3.6%-4.4%-168.1K2.3M-9.6K46.08103.18N/AN/A241,1065184,426
2023-10-27$19.35$20.0031.2%8.9%38.1%19.9%31.7%-6.2%23.6%-225.0K3.2M-11.0K36.50100.14N/AN/A41465145,450
2023-10-30$19.84$20.0035.6%10.2%39.5%27.5%30.5%-8.2%-5.5%-226.0K2.6M-9.9K2.52108.82N/AN/A421065105,568
2023-10-31$19.86$20.0030.1%8.6%39.3%18.0%0.0%-26.2%-0.7%-264.2K2.6M-9.2K0.00100.62N/AN/A005385,668