CVLG Options History — February 2025

In February 2025, CVLG traded between $24.46 and $27.59. ATM implied volatility averaged 25.6%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 4.1% (HV 20d: 29.7%). Max pain ranged from $27.50 to $27.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 53.33.

Notable Days

2025-02-19: Highest Volume — 294 contracts
2025-02-25: Largest IV spike — 41.9% change
2025-02-25: Highest IV Rank — 45.2%
2025-02-25: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.29	$24.46	$27.59	$27.02	$24.95
Max Pain	$27.50	$27.50	$27.50	$27.50	$27.50
ATM IV	25.6%	19.7%	39.1%	20.8%	32.9%
Expected Move	7.7%	5.8%	11.2%	6.0%	9.4%
HV 20d	29.7%	24.7%	38.0%	38.0%	26.8%
HV 60d	30.4%	28.7%	37.5%	37.4%	30.1%
IV Rank	24.3%	15.1%	45.2%	16.7%	35.6%
IV Percentile	52.9%	24.6%	89.3%	32.5%	77.4%
Term Structure	5.4%	-1.4%	11.1%	11.1%	6.0%
VWIV	26.8%	22.8%	35.2%	22.8%	27.5%
Skew 25d	-3.7%	-17.8%	13.2%	-8.8%	-1.8%
Skew 10d	-4.9%	-41.5%	37.6%	-22.4%	-4.1%
Call IV 25d	30.8%	19.8%	40.2%	27.2%	34.8%
Put IV 25d	27.1%	18.4%	49.1%	18.4%	33.0%
Bid-Ask Spread %	102.28	89.34	125.41	125.41	101.28
Gamma HHI	0.54	0.45	0.79	0.45	0.48
Net GEX	-48.3K	-87.7K	-28.2K	-33.2K	-45.0K
Net DEX	764.6K	74.6K	1.5M	201.6K	1.4M
Net VEX	-3.2K	-4.6K	-1.9K	-2.0K	-4.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	53.33	0.00	287.00	0.00	0.00
Total Volume	59.947	0	294	8	0
Total OI	1,251.632	994	1,590	994	1,349

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-02-03	$27.02	$27.50	20.8%	6.0%	38.0%	16.7%	0.0%	-8.8%	11.1%	-33.2K	201.6K	-2.0K	0.00	125.41	N/A	N/A	8	0	415	579
2025-02-04	$27.48	$27.50	20.2%	5.8%	34.1%	15.8%	22.8%	2.6%	10.3%	-28.2K	75.1K	-1.9K	0.00	111.78	N/A	N/A	2	0	420	579
2025-02-05	$27.47	$27.50	21.3%	6.1%	31.6%	17.5%	0.0%	1.1%	9.1%	-28.7K	74.6K	-1.9K	5.17	121.05	N/A	N/A	6	31	418	579
2025-02-06	$27.59	$27.50	21.4%	7.7%	30.6%	17.7%	0.0%	-4.8%	4.5%	-29.5K	84.7K	-2.1K	0.00	106.50	N/A	N/A	0	0	424	610
2025-02-07	$26.97	$27.50	20.3%	7.5%	31.5%	16.0%	0.0%	13.2%	3.5%	-36.9K	254.9K	-2.0K	0.00	106.00	N/A	N/A	0	23	424	610
2025-02-10	$26.87	$27.50	19.7%	7.4%	29.5%	15.1%	28.6%	-5.7%	4.8%	-40.1K	320.2K	-1.9K	0.00	95.49	N/A	N/A	0	20	424	633
2025-02-11	$27.23	$27.50	19.9%	7.3%	29.2%	15.3%	26.3%	-5.5%	5.3%	-41.5K	231.6K	-1.9K	0.00	98.77	N/A	N/A	0	63	424	653
2025-02-12	$26.45	$27.50	26.0%	7.5%	30.7%	24.9%	24.4%	-6.6%	3.8%	-47.2K	534.7K	-2.2K	287.00	92.66	N/A	N/A	1	287	424	714
2025-02-13	$26.63	$27.50	26.3%	7.5%	30.0%	25.3%	0.0%	-7.6%	3.6%	-68.2K	832.7K	-3.6K	0.00	99.82	N/A	N/A	1	0	425	1,002
2025-02-14	$26.92	$27.50	24.6%	7.0%	29.5%	22.6%	25.2%	-6.0%	3.1%	-71.6K	753.3K	-3.4K	0.00	98.39	N/A	N/A	0	99	425	1,002
2025-02-18	$27.04	$27.50	25.1%	7.2%	29.4%	23.4%	0.0%	-6.6%	3.2%	-87.7K	814.1K	-3.8K	0.00	99.20	N/A	N/A	0	0	425	1,100
2025-02-19	$26.40	$27.50	25.4%	7.3%	30.4%	24.0%	35.2%	-14.9%	5.9%	-71.1K	998.4K	-3.7K	0.80	89.34	N/A	N/A	163	131	425	1,100
2025-02-20	$26.02	$27.50	24.5%	7.0%	29.9%	22.4%	24.5%	-0.7%	9.5%	-72.3K	935.6K	-3.9K	181.00	96.10	N/A	N/A	1	181	388	1,040
2025-02-21	$25.60	$27.50	27.1%	7.8%	28.7%	26.6%	27.5%	-1.4%	4.5%	-45.1K	1.2M	-4.6K	6.00	99.07	N/A	N/A	4	24	389	1,201
2025-02-24	$24.65	$27.50	27.6%	7.9%	30.0%	27.3%	0.0%	8.6%	9.2%	-42.0K	1.4M	-4.1K	0.00	101.51	N/A	N/A	0	40	332	923
2025-02-25	$24.79	$27.50	39.1%	11.2%	24.7%	45.2%	0.0%	-17.8%	-1.4%	-42.6K	1.4M	-4.3K	0.00	94.59	N/A	N/A	0	20	332	963
2025-02-26	$24.89	$27.50	33.7%	9.7%	24.8%	36.8%	0.0%	-14.2%	1.2%	-46.3K	1.5M	-4.4K	0.00	103.95	N/A	N/A	0	0	332	983
2025-02-27	$24.46	$27.50	31.2%	9.0%	25.0%	33.0%	0.0%	6.9%	6.0%	-40.4K	1.5M	-4.3K	0.00	102.34	N/A	N/A	34	0	332	983
2025-02-28	$24.95	$27.50	32.9%	9.4%	26.8%	35.6%	0.0%	-1.8%	6.0%	-45.0K	1.4M	-4.6K	0.00	101.28	N/A	N/A	0	0	366	983