CVLG Options History — May 2024

In May 2024, CVLG traded between $22.64 and $23.70. ATM implied volatility averaged 16.3%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 0.2% (HV 20d: 16.1%). 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 22 of 22 days. Put/call ratio averaged 17.87.

Notable Days

  • 2024-05-09: Highest Volume — 742 contracts
  • 2024-05-09: Largest IV spike — 42.0% change
  • 2024-05-14: Highest IV Rank — 18.0%
  • 2024-05-06: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.21$22.64$23.70$22.64$23.58
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV16.3%10.0%21.8%15.2%19.1%
Expected Move5.2%3.8%5.9%4.4%5.5%
HV 20d16.1%10.9%22.8%22.8%15.8%
HV 60d21.5%19.3%24.6%24.6%19.5%
IV Rank8.4%0.0%18.0%0.0%13.9%
IV Percentile3.7%0.0%8.3%0.0%8.3%
Term Structure5.8%1.8%9.8%6.9%2.7%
VWIV18.4%13.2%20.6%15.2%20.1%
Skew 25d-0.5%-4.1%2.6%-2.1%2.6%
Skew 10d-1.5%-4.8%5.5%-2.2%-1.1%
Call IV 25d19.0%17.0%20.6%18.0%19.9%
Put IV 25d18.5%13.7%22.8%15.9%22.5%
Bid-Ask Spread %92.6583.33105.86104.6299.30
Gamma HHI0.820.760.890.820.85
Net GEX-1.0M-2.6M-375.5K-2.3M-406.9K
Net DEX3.3M1.3M9.3M9.3M1.6M
Net VEX-19.1K-36.5K-12.9K-36.5K-12.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio17.870.00108.5049.670.00
Total Volume145.364274230414
Total OI20,871.18214,40025,66224,12814,694

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$22.64$22.5015.2%4.4%22.8%0.0%15.2%-2.1%6.9%-2.3M9.3M-36.5K49.67104.62N/AN/A629891623,212
2024-05-02$22.66$22.5013.3%3.8%22.4%0.0%13.2%-3.4%8.0%-2.6M8.8M-34.9K5.00104.53N/AN/A3015091623,580
2024-05-03$22.80$22.5013.3%3.8%22.6%0.0%13.6%-4.1%7.0%-2.5M7.3M-31.2K16.93105.86N/AN/A3050890823,816
2024-05-06$22.82$22.5012.8%5.9%21.8%0.0%20.6%2.5%8.8%-2.6M7.3M-30.5K0.0087.27N/AN/A08291024,236
2024-05-07$22.84$22.5011.6%5.6%21.3%0.0%20.2%1.9%8.7%-2.6M6.4M-27.9K21.2583.33N/AN/A817091024,190
2024-05-08$23.04$22.5010.0%5.8%19.6%0.0%20.4%-2.1%8.5%-1.6M3.2M-20.8K108.5089.94N/AN/A443491024,366
2024-05-09$23.55$22.5014.2%5.7%18.7%6.4%19.8%0.6%7.9%-665.9K1.6M-16.6K60.8384.61N/AN/A1273091224,498
2024-05-10$23.48$22.5013.7%5.6%16.5%5.6%19.5%0.0%8.2%-595.6K1.6M-16.2K0.0085.66N/AN/A0492224,626
2024-05-13$23.34$22.5016.3%5.4%16.4%9.6%18.8%-0.6%8.9%-614.5K1.6M-15.3K0.3885.87N/AN/A16692224,680
2024-05-14$23.36$22.5021.8%5.4%16.4%18.0%19.0%-1.1%9.0%-792.2K1.7M-15.4K0.8387.16N/AN/A121093024,686
2024-05-15$23.35$22.5017.9%5.1%11.7%12.1%18.3%-0.1%9.8%-652.1K1.5M-14.7K0.0086.25N/AN/A010293624,702
2024-05-16$23.47$22.5018.1%5.2%11.7%12.4%0.0%-1.8%2.5%-548.6K1.3M-14.5K2.0087.56N/AN/A2493624,724
2024-05-17$23.21$22.5017.5%5.0%12.4%11.4%0.0%-1.4%2.9%-479.3K1.6M-15.1K0.0091.04N/AN/A016093824,724
2024-05-20$23.23$22.5017.8%5.1%12.1%11.8%17.9%0.7%2.0%-474.3K2.2M-14.9K13.0094.67N/AN/A67849213,908
2024-05-21$23.10$22.5017.5%5.0%12.5%11.4%19.6%-1.6%3.6%-540.7K2.7M-15.4K1.0092.75N/AN/A242449613,986
2024-05-22$23.27$22.5018.2%5.2%12.5%12.5%18.3%0.2%2.6%-487.3K2.3M-15.2K1.0095.00N/AN/A2251614,002
2024-05-23$23.17$22.5018.8%5.4%10.9%13.4%18.9%-1.1%1.8%-508.7K2.6M-15.9K0.0091.44N/AN/A09651814,004
2024-05-24$23.65$22.5015.5%4.4%12.8%8.4%18.7%1.9%8.2%-385.5K1.7M-13.7K0.0091.08N/AN/A0251814,084
2024-05-28$23.70$22.5019.2%5.5%12.7%14.0%18.7%-0.0%2.2%-375.5K1.6M-13.0K0.0892.75N/AN/A48451814,086
2024-05-29$23.23$22.5018.3%5.3%15.1%12.7%18.4%-1.2%2.9%-510.4K2.2M-14.9K5.5099.92N/AN/A42256414,086
2024-05-30$23.23$22.5017.9%5.1%15.1%12.0%19.2%-0.5%3.9%-511.4K2.1M-14.0K0.0297.77N/AN/A92256814,120
2024-05-31$23.58$22.5019.1%5.5%15.8%13.9%20.1%2.6%2.7%-406.9K1.6M-12.9K0.0099.30N/AN/A14057414,120