CVLG Options History — August 2024

In August 2024, CVLG traded between $25.16 and $26.90. ATM implied volatility averaged 20.6%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 18.2% (HV 20d: 38.8%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 2.47.

Notable Days

  • 2024-08-07: Highest Volume — 280 contracts
  • 2024-08-05: Largest IV spike — 42.5% change
  • 2024-08-05: Highest IV Rank — 28.6%
  • 2024-08-05: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.96$25.16$26.90$26.90$26.07
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV20.6%17.2%25.3%17.8%19.8%
Expected Move6.2%5.1%8.0%5.1%5.7%
HV 20d38.8%24.2%44.7%41.4%24.2%
HV 60d28.9%26.7%29.5%26.7%29.4%
IV Rank19.9%13.4%28.6%14.6%18.4%
IV Percentile19.4%5.2%30.2%9.1%19.0%
Term Structure3.4%-0.4%9.0%2.5%2.5%
VWIV22.1%17.9%29.9%17.9%19.6%
Skew 25d2.3%-0.7%4.0%-0.7%3.3%
Skew 10d3.5%-1.1%9.0%-1.1%1.7%
Call IV 25d20.4%17.6%26.6%18.0%18.5%
Put IV 25d22.7%17.3%30.0%17.3%21.8%
Bid-Ask Spread %84.3576.6297.9697.9686.37
Gamma HHI0.320.260.590.590.26
Net GEX68.5K32.9K237.8K237.8K43.7K
Net DEX-1.4M-2.8M-489.9K-2.8M-1.5M
Net VEX-7.5K-9.7K-5.9K-7.8K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.470.0025.000.000.00
Total Volume69.5450280122
Total OI8,113.2735,54210,3109,8725,864

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$26.90$25.0017.8%5.1%41.4%14.6%17.9%-0.7%2.5%237.8K-2.8M-7.8K0.0097.96N/AN/A1202,3707,502
2024-08-02$26.06$25.0017.7%5.1%42.7%14.4%20.0%0.1%9.0%125.3K-1.5M-8.8K1.9597.74N/AN/A40782,3707,502
2024-08-05$25.27$25.0025.3%8.0%44.4%28.6%27.0%3.4%4.9%34.3K-535.5K-9.7K0.2186.32N/AN/A76162,4047,496
2024-08-06$25.71$25.0019.7%6.9%44.2%18.1%24.2%2.0%5.4%86.6K-1.1M-8.5K1.2279.93N/AN/A18222,4667,470
2024-08-07$25.16$25.0020.4%6.9%44.7%19.5%24.3%2.1%5.0%50.2K-489.9K-9.0K0.1187.53N/AN/A252282,4847,470
2024-08-08$25.66$25.0022.9%6.6%43.8%24.2%23.5%2.1%5.5%63.4K-981.5K-8.4K0.7189.24N/AN/A84602,5347,496
2024-08-09$25.39$25.0019.4%7.0%44.1%17.6%24.0%3.4%6.0%62.9K-747.8K-9.0K3.0484.20N/AN/A561702,5887,510
2024-08-12$25.25$25.0024.1%6.7%43.7%26.3%0.0%3.8%6.5%38.7K-623.2K-8.7K0.0082.61N/AN/A01682,6327,576
2024-08-13$25.48$25.0017.2%6.7%42.6%13.4%22.4%3.0%6.3%32.9K-996.4K-8.3K0.1483.61N/AN/A2842,6327,678
2024-08-14$25.54$25.0022.7%6.5%42.6%23.7%0.0%4.0%7.1%33.2K-995.4K-8.2K0.0081.67N/AN/A202,6167,680
2024-08-15$26.19$25.0021.8%6.2%42.5%22.0%19.3%2.2%1.0%160.7K-1.8M-7.4K0.0089.45N/AN/A1202,6147,680
2024-08-16$26.33$25.0019.4%5.6%42.6%17.5%29.9%2.3%0.9%66.5K-1.7M-6.8K0.0089.95N/AN/A0122,6167,680
2024-08-19$26.14$25.0020.8%6.0%42.6%20.2%19.7%0.9%0.3%65.9K-1.5M-6.7K0.0079.59N/AN/A01101,4964,046
2024-08-20$25.94$25.0020.2%5.8%42.6%19.1%19.3%-0.0%1.3%52.5K-1.4M-6.8K25.0077.64N/AN/A41001,4964,144
2024-08-21$26.17$25.0021.9%6.3%42.5%22.2%20.8%2.5%0.6%48.8K-1.5M-6.9K2.5076.62N/AN/A4101,5004,230
2024-08-22$26.02$25.0022.3%6.4%32.0%23.0%0.0%3.4%-0.0%41.0K-1.3M-7.1K0.0078.83N/AN/A201,5004,240
2024-08-23$26.79$25.0019.4%5.6%32.1%17.6%0.0%2.5%1.0%60.5K-1.9M-6.1K0.0082.76N/AN/A001,5024,240
2024-08-26$26.58$25.0018.9%5.4%30.8%16.5%0.0%2.5%1.2%59.2K-1.8M-5.9K0.0082.37N/AN/A001,5024,240
2024-08-27$26.20$25.0020.8%5.9%30.3%20.1%19.5%1.3%1.3%53.2K-1.6M-6.2K4.1781.05N/AN/A241001,5024,240
2024-08-28$26.14$25.0023.0%6.6%30.2%24.2%19.6%2.1%-0.4%42.5K-1.4M-6.7K0.5079.62N/AN/A841,5144,330
2024-08-29$26.23$25.0018.4%5.3%26.6%15.7%0.0%3.5%7.9%48.0K-1.6M-6.1K0.0080.68N/AN/A2401,5064,334
2024-08-30$26.07$25.0019.8%5.7%24.2%18.4%0.0%3.3%2.5%43.7K-1.5M-6.3K0.0086.37N/AN/A021,5304,334