CVLG Options History — April 2024

In April 2024, CVLG traded between $21.79 and $23.41. ATM implied volatility averaged 31.5%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 9.2% (HV 20d: 22.3%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 82.98.

Notable Days

  • 2024-04-26: Highest Volume — 2,534 contracts
  • 2024-04-10: Largest IV spike — 83.0% change
  • 2024-04-24: Highest IV Rank — 45.7%
  • 2024-04-24: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.56$21.79$23.41$22.93$22.59
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV31.5%16.7%45.1%22.7%16.7%
Expected Move9.8%4.8%12.9%6.5%4.8%
HV 20d22.3%19.4%25.2%21.9%22.8%
HV 60d27.3%24.6%29.1%29.1%24.6%
IV Rank21.8%0.0%45.7%5.6%0.0%
IV Percentile31.6%0.0%75.8%1.2%0.0%
Term Structure-1.3%-10.1%13.3%13.3%5.9%
VWIV33.7%16.6%43.7%22.8%16.6%
Skew 25d-1.5%-5.5%1.1%-3.6%-1.7%
Skew 10d-5.2%-9.8%-0.5%-7.0%-2.3%
Call IV 25d34.4%18.2%43.6%25.5%18.4%
Put IV 25d32.9%16.7%42.2%21.9%16.7%
Bid-Ask Spread %82.1566.15104.1195.54102.55
Gamma HHI0.560.440.780.450.78
Net GEX-1.2M-2.1M-639.7K-639.7K-1.9M
Net DEX10.8M6.0M20.8M6.0M9.3M
Net VEX-43.3K-51.3K-33.8K-34.6K-36.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio82.980.24430.00430.0067.00
Total Volume746.636562,534862136
Total OI21,674.45516,07025,17016,07023,310

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$22.93$22.5022.7%6.5%21.9%5.6%22.8%-3.6%13.3%-639.7K6.0M-34.6K430.0095.54N/AN/A28602,02214,048
2024-04-02$22.73$22.5023.4%6.7%20.0%6.7%23.3%-5.2%12.4%-866.4K7.4M-37.4K278.0095.50N/AN/A61,6682,02415,596
2024-04-03$22.80$22.5022.7%6.5%20.0%5.6%22.7%-5.5%12.2%-1.0M8.3M-41.4K358.0094.74N/AN/A41,4322,02617,160
2024-04-04$23.02$22.5026.1%10.0%20.3%11.7%34.6%0.3%-2.6%-995.2K7.9M-41.2K11.8871.33N/AN/A809502,03018,370
2024-04-05$23.05$22.5024.1%11.1%19.7%8.1%38.5%-0.4%-3.4%-999.8K8.3M-44.7K67.4072.21N/AN/A106742,10818,640
2024-04-08$23.41$22.5024.7%11.4%19.4%9.1%39.4%0.4%-4.6%-867.7K6.8M-40.7K45.6768.54N/AN/A62742,11419,160
2024-04-09$23.07$22.5019.5%10.9%19.6%0.0%36.0%-2.8%-3.4%-1.1M7.8M-41.2K26.3271.67N/AN/A741,9482,12019,316
2024-04-10$22.52$22.5035.7%10.2%21.3%28.9%35.0%-1.3%-10.1%-1.9M12.1M-50.2K7.4478.07N/AN/A1461,0862,18820,870
2024-04-11$23.16$22.5039.6%11.4%23.0%35.9%39.5%-1.0%-4.7%-1.3M8.8M-46.1K55.5072.49N/AN/A42222,32821,932
2024-04-12$22.63$22.5040.4%11.6%23.5%37.3%40.0%0.7%-6.7%-1.7M12.2M-51.3K0.0070.95N/AN/A02582,33022,162
2024-04-15$22.47$22.5042.7%12.3%23.7%41.5%42.6%1.1%-5.8%-1.9M14.1M-51.0K0.0077.08N/AN/A02362,33022,416
2024-04-16$22.43$22.5040.8%11.7%22.9%37.9%40.8%-0.1%-5.0%-2.1M14.1M-49.0K33.7571.65N/AN/A82702,33022,504
2024-04-17$21.79$22.5041.4%11.9%25.2%39.1%41.2%0.1%-5.1%-1.2M20.5M-49.8K10.3878.69N/AN/A161662,33622,762
2024-04-18$21.86$22.5042.6%12.2%24.4%41.3%41.1%-1.5%-5.9%-1.3M20.8M-50.0K30.0079.94N/AN/A2602,32022,850
2024-04-19$22.11$22.5043.3%12.4%23.7%42.4%42.8%0.0%-7.2%-796.0K16.6M-46.8K0.2477.55N/AN/A142342,31821,250
2024-04-22$22.00$22.5044.0%12.6%23.4%43.8%43.5%-3.6%-8.3%-822.6K10.7M-45.8K27.0081.96N/AN/A25475018,338
2024-04-23$22.07$22.5038.4%11.0%23.0%33.6%37.9%-3.1%-3.5%-881.1K10.4M-44.1K3.1866.15N/AN/A11235675018,442
2024-04-24$22.05$22.5045.1%12.9%23.0%45.7%43.7%-1.9%-8.9%-840.4K11.0M-46.4K5.4472.93N/AN/A6837084418,796
2024-04-25$22.49$22.5022.7%6.5%24.0%5.6%22.7%-0.8%2.6%-991.8K7.2M-33.8K70.38102.81N/AN/A261,83089018,732
2024-04-26$22.48$22.5019.3%5.5%23.3%0.0%19.3%-1.7%4.0%-1.3M8.4M-34.2K114.18104.11N/AN/A222,51289420,106
2024-04-29$22.61$22.5017.3%5.0%23.0%0.0%17.3%-1.2%5.4%-1.8M8.9M-35.8K17.75100.87N/AN/A1628490422,122
2024-04-30$22.59$22.5016.7%4.8%22.8%0.0%16.6%-1.7%5.9%-1.9M9.3M-36.2K67.00102.55N/AN/A213491422,396