CVLG Options History — November 2024

In November 2024, CVLG traded between $25.57 and $30.46. ATM implied volatility averaged 35.6%, placing in the 44.2% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 6.6% (HV 20d: 42.3%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 2.62.

Notable Days

  • 2024-11-11: Highest Volume — 5,056 contracts
  • 2024-11-07: Largest IV spike — 93.8% change
  • 2024-11-07: Highest IV Rank — 100.0%
  • 2024-11-01: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.58$25.57$30.46$25.68$29.21
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV35.6%23.7%74.3%36.9%26.8%
Expected Move8.0%6.8%10.6%10.6%7.7%
HV 20d42.3%23.0%47.1%23.7%45.7%
HV 60d30.2%21.3%32.5%21.4%32.3%
IV Rank44.2%21.2%100.0%59.5%26.1%
IV Percentile67.8%42.1%100.0%79.0%53.6%
Term Structure-3.6%-25.4%5.3%-25.4%-5.1%
VWIV26.8%13.5%32.3%30.1%25.0%
Skew 25d-6.8%-46.6%13.7%-46.6%-9.1%
Skew 10d-11.3%-47.8%1.9%-47.8%-19.3%
Call IV 25d34.7%27.3%76.6%76.6%33.1%
Put IV 25d27.8%20.0%44.2%30.0%24.0%
Bid-Ask Spread %105.2095.84124.90124.9098.72
Gamma HHI0.590.350.950.520.56
Net GEX95.6K-700.4K1.1M-501.0K43.6K
Net DEX-1.1M-8.6M4.7M4.4M-653.2K
Net VEX-6.5K-17.3K-2.1K-17.3K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.620.0026.000.000.00
Total Volume266.705,056300
Total OI8,0432,19214,19814,1682,266

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$25.68$25.0036.9%10.6%23.7%59.5%0.0%-46.6%-25.4%-501.0K4.4M-17.3K0.00124.90N/AN/A0305,6468,522
2024-11-04$25.57$25.0040.3%6.8%23.0%66.9%30.1%-18.8%2.1%-700.4K4.7M-14.2K0.00106.30N/AN/A0205,6468,532
2024-11-05$25.93$25.0041.6%7.1%23.1%69.9%0.0%-7.2%-7.8%-482.3K3.7M-14.8K0.00102.42N/AN/A005,6468,552
2024-11-06$28.77$25.0038.4%7.5%42.9%72.8%13.5%4.7%5.3%527.8K-4.9M-12.9K0.00115.59N/AN/A3405,6468,552
2024-11-07$28.09$25.0074.3%9.6%44.2%100.0%22.5%-14.3%4.5%271.3K-2.7M-13.6K0.00113.96N/AN/A2005,6208,552
2024-11-08$28.80$25.0039.5%7.4%44.0%45.8%25.9%1.9%-6.9%559.6K-4.8M-11.4K0.20111.89N/AN/A1025,6408,552
2024-11-11$29.95$25.0056.9%9.4%45.6%72.9%32.1%13.7%-6.0%1.1M-8.6M-9.2K0.00101.22N/AN/A5,05425,6328,554
2024-11-12$30.21$25.0060.6%8.4%45.5%78.6%32.3%-1.7%-4.7%264.4K-3.0M-4.0K0.00110.21N/AN/A1001,7568,554
2024-11-13$30.46$25.0027.4%7.8%44.7%27.0%27.4%-5.8%3.2%290.3K-3.3M-3.4K0.00100.95N/AN/A0341,7568,554
2024-11-14$29.35$25.0024.9%7.1%47.1%23.2%0.0%-4.1%3.0%222.8K-2.0M-3.3K0.00104.60N/AN/A0401,7568,588
2024-11-15$29.07$25.0026.8%7.7%46.2%26.0%0.0%-9.1%-2.4%37.0K-704.0K-2.7K0.00104.92N/AN/A001,7568,628
2024-11-18$28.61$25.0027.8%8.0%46.6%27.7%27.0%-5.6%-6.4%33.4K-522.5K-2.6K26.0096.55N/AN/A2525821,610
2024-11-19$28.64$25.0028.2%8.1%46.6%28.3%31.1%-3.4%-1.8%28.4K-512.2K-2.8K0.00104.79N/AN/A205841,662
2024-11-20$28.21$25.0023.7%6.8%46.2%21.2%0.0%-10.5%-2.2%24.3K-420.9K-2.8K0.00105.31N/AN/A005841,662
2024-11-21$28.40$25.0030.5%8.7%46.2%31.9%0.0%-0.4%-3.3%30.8K-475.6K-2.6K0.0098.24N/AN/A005841,662
2024-11-22$28.95$25.0029.7%8.5%46.2%30.6%0.0%-0.5%-5.9%32.1K-537.1K-2.3K0.00107.63N/AN/A405841,662
2024-11-25$29.20$25.0026.8%7.7%46.1%26.0%27.8%-6.3%-4.9%40.5K-687.7K-2.4K0.0095.84N/AN/A1605881,662
2024-11-26$29.43$25.0026.7%7.7%45.7%25.9%0.0%-7.8%-2.9%42.8K-709.8K-2.4K0.0098.98N/AN/A006021,662
2024-11-27$29.03$25.0025.0%7.2%46.2%23.3%25.0%-5.6%-4.4%40.9K-568.9K-2.1K0.00100.92N/AN/A206021,662
2024-11-29$29.21$25.0026.8%7.7%45.7%26.1%0.0%-9.1%-5.1%43.6K-653.2K-2.3K0.0098.72N/AN/A006041,662