CVLG Options History — March 2024

In March 2024, CVLG traded between $21.82 and $23.88. ATM implied volatility averaged 30.8%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 6.0% (HV 20d: 24.8%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 139.54.

Notable Days

  • 2024-03-18: Highest Volume — 9,124 contracts
  • 2024-03-06: Largest IV spike — 58.2% change
  • 2024-03-06: Highest IV Rank — 49.9%
  • 2024-03-01: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.75$21.82$23.88$23.88$23.25
Max Pain$24.25$22.50$25.00$25.00$22.50
ATM IV30.8%22.6%48.6%45.4%25.0%
Expected Move8.1%6.5%13.0%13.0%7.2%
HV 20d24.8%18.9%31.3%31.3%22.5%
HV 60d29.6%29.0%30.2%29.7%29.2%
IV Rank19.6%5.3%49.9%44.5%9.6%
IV Percentile20.1%0.8%74.2%65.9%5.2%
Term Structure6.8%-17.9%12.5%-17.9%10.9%
VWIV27.9%22.6%34.5%29.4%25.0%
Skew 25d-1.6%-16.7%13.2%-16.7%-0.8%
Skew 10d-2.8%-19.4%28.0%-0.8%-3.9%
Call IV 25d30.6%18.2%57.1%57.1%25.4%
Put IV 25d29.0%20.7%45.2%40.4%24.6%
Bid-Ask Spread %93.6884.14110.72110.7292.53
Gamma HHI0.520.420.760.710.42
Net GEX-617.0K-874.5K-270.5K-368.8K-557.2K
Net DEX9.9M3.0M17.9M6.6M5.6M
Net VEX-36.3K-55.4K-19.8K-55.4K-36.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio139.540.00911.403.366.35
Total Volume964.309,12496422
Total OI14,305.18,74817,78617,69216,124

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$23.88$25.0045.4%13.0%31.3%44.5%0.0%-16.7%-17.9%-368.8K6.6M-55.4K3.36110.72N/AN/A22745,21412,478
2024-03-04$23.23$25.0029.8%8.4%30.7%17.5%29.4%12.2%6.7%-457.3K9.7M-50.0K531.00100.65N/AN/A21,0625,23412,552
2024-03-05$23.11$25.0030.7%8.9%30.7%19.1%30.5%-8.6%3.7%-732.6K13.3M-45.5K0.0097.18N/AN/A01382,01613,528
2024-03-06$23.05$25.0048.6%9.2%28.6%49.9%0.0%-0.7%5.3%-753.5K12.5M-44.5K0.0091.71N/AN/A002,01613,666
2024-03-07$23.36$25.0042.3%8.7%29.1%39.0%31.1%-4.7%6.7%-784.8K11.5M-43.7K0.0088.70N/AN/A02102,01613,666
2024-03-08$22.95$25.0040.9%8.6%29.5%36.6%0.0%13.2%5.4%-810.2K13.4M-43.4K0.0098.08N/AN/A002,01613,782
2024-03-11$22.68$25.0035.7%9.1%28.1%27.6%32.3%-1.9%3.2%-822.3K14.1M-40.7K7.5084.14N/AN/A4302,01613,782
2024-03-12$22.86$25.0035.7%8.6%25.5%27.7%34.5%-3.9%5.5%-854.2K13.8M-40.5K0.0090.07N/AN/A402,01613,766
2024-03-13$22.57$25.0029.2%8.4%24.8%17.2%32.0%0.9%5.6%-874.5K14.9M-38.4K3.8188.78N/AN/A321222,02013,766
2024-03-14$22.14$25.0028.9%8.3%21.9%16.7%31.7%0.7%8.4%-852.0K16.7M-36.8K3.1990.43N/AN/A642042,05013,886
2024-03-15$22.14$25.0028.4%8.1%20.7%15.8%0.0%-0.2%8.6%-814.5K17.0M-37.2K0.0090.55N/AN/A022,04214,082
2024-03-18$21.82$25.0026.5%7.6%20.7%12.4%28.6%-0.7%8.0%-811.6K17.9M-32.4K911.4093.64N/AN/A109,1141,84613,788
2024-03-19$21.95$25.0026.9%7.7%18.9%13.1%0.0%-2.1%8.9%-289.8K4.5M-22.0K49.0093.10N/AN/A2981,8506,898
2024-03-20$22.33$25.0025.7%7.4%20.4%10.8%26.3%-1.0%10.6%-290.3K4.0M-21.5K1.4396.52N/AN/A56801,8526,954
2024-03-21$22.77$22.5024.8%7.1%22.3%9.3%24.8%-4.2%9.0%-270.5K3.0M-19.8K67.8292.41N/AN/A221,4921,8926,994
2024-03-22$22.52$22.5023.6%6.8%22.4%7.2%23.6%0.1%11.0%-393.9K4.6M-24.5K0.0093.54N/AN/A09041,9148,324
2024-03-25$22.80$22.5023.4%6.7%23.4%6.8%23.4%-4.6%12.5%-439.2K4.7M-26.5K116.5693.91N/AN/A182,0981,9149,204
2024-03-26$22.73$22.5022.8%6.5%23.4%5.7%22.9%-4.7%12.0%-545.0K5.5M-31.5K112.6493.53N/AN/A222,4781,93211,354
2024-03-27$22.92$22.5022.6%6.5%22.0%5.3%22.6%-3.4%11.7%-618.2K5.7M-34.5K6.3593.38N/AN/A684321,95413,698
2024-03-28$23.25$22.5025.0%7.2%22.5%9.6%25.0%-0.8%10.9%-557.2K5.6M-36.7K0.0092.53N/AN/A04222,02214,102