CVLG Options History — March 2025

In March 2025, CVLG traded between $22.16 and $25.07. ATM implied volatility averaged 41.4%, placing in the 48.7% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 16.7% (HV 20d: 24.6%). Max pain ranged from $25.00 to $27.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 14.55.

Notable Days

  • 2025-03-13: Highest Volume — 223 contracts
  • 2025-03-10: Largest IV spike — 85.0% change
  • 2025-03-10: Highest IV Rank — 80.8%
  • 2025-03-14: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.38$22.16$25.07$25.07$22.18
Max Pain$26.63$25.00$27.50$27.50$25.00
ATM IV41.4%31.4%62.0%32.2%50.7%
Expected Move12.7%8.5%19.2%9.2%11.6%
HV 20d24.6%22.5%26.6%26.6%23.9%
HV 60d29.7%28.8%30.3%30.1%29.7%
IV Rank48.7%33.2%80.8%34.4%63.2%
IV Percentile88.5%73.8%99.6%76.6%98.0%
Term Structure-8.2%-30.3%12.4%-5.2%-17.0%
VWIV33.6%15.7%46.9%32.2%40.6%
Skew 25d16.0%-10.9%51.0%-5.3%6.8%
Skew 10d15.1%-8.3%77.4%-8.3%9.9%
Call IV 25d28.6%16.0%44.7%35.0%34.0%
Put IV 25d44.6%24.1%78.0%29.7%40.8%
Bid-Ask Spread %120.41100.77138.11103.46138.11
Gamma HHI0.440.330.490.480.41
Net GEX-38.3K-53.8K-18.5K-44.5K-22.2K
Net DEX1.8M1.4M2.4M1.4M1.6M
Net VEX-3.7K-4.7K-2.0K-4.7K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio14.550.0073.330.000.00
Total Volume35.57102232920
Total OI1,406.5241,1191,7171,3491,119

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$25.07$27.5032.2%9.2%26.6%34.4%32.2%-5.3%-5.2%-44.5K1.4M-4.7K0.00103.46N/AN/A290366983
2025-03-04$24.86$27.5033.4%9.6%25.8%36.4%0.0%51.0%4.2%-43.5K1.5M-4.4K0.00105.67N/AN/A10366983
2025-03-05$24.38$27.5032.7%9.4%25.1%35.3%0.0%-2.2%-21.1%-42.5K1.6M-3.9K0.00103.25N/AN/A05367983
2025-03-06$24.67$27.5032.5%9.3%25.8%34.9%32.5%9.6%-20.9%-44.8K1.5M-4.3K19.33100.77N/AN/A6116367988
2025-03-07$24.73$27.5033.5%9.6%25.7%36.5%0.0%10.4%-16.5%-53.8K1.8M-4.5K0.00106.25N/AN/A003671,104
2025-03-10$24.09$27.5062.0%17.8%26.0%80.8%43.7%6.5%-30.3%-44.7K1.8M-4.2K0.00118.63N/AN/A01693671,104
2025-03-11$23.65$27.5040.1%18.2%26.4%46.8%46.9%-10.9%-10.4%-45.4K2.1M-4.2K63.00116.85N/AN/A1633671,208
2025-03-12$23.31$27.5044.6%17.4%25.5%53.7%22.5%-1.8%-8.4%-43.6K2.2M-4.0K0.88127.51N/AN/A25223661,255
2025-03-13$22.97$27.5031.4%16.3%24.4%33.2%34.6%1.6%-5.8%-38.5K2.1M-4.1K73.33112.06N/AN/A32203911,209
2025-03-14$22.77$27.5039.5%19.2%23.8%45.8%0.0%18.0%-11.6%-41.3K2.4M-3.5K0.00114.28N/AN/A023921,323
2025-03-17$23.29$27.5032.6%9.2%25.4%35.1%0.0%34.8%12.4%-49.4K2.3M-4.3K0.00117.45N/AN/A003921,325
2025-03-18$23.09$27.5034.6%9.4%25.0%38.3%0.0%20.9%7.8%-41.9K2.1M-3.7K0.00117.14N/AN/A003921,190
2025-03-19$22.77$27.5040.2%8.5%24.4%47.0%15.7%23.9%-16.5%-36.0K2.0M-3.3K0.40111.58N/AN/A523921,155
2025-03-20$22.74$0.0049.6%12.8%24.3%61.5%40.6%23.7%-4.8%-33.8K2.0M-3.3K0.60130.81N/AN/A1063941,134
2025-03-21$22.64$25.0049.6%13.3%24.1%61.6%0.0%37.8%-4.0%-37.7K2.1M-3.0K0.00135.97N/AN/A034041,140
2025-03-24$23.07$25.0044.3%13.9%22.5%53.2%0.0%18.1%-4.7%-32.7K1.7M-3.3K0.00135.51N/AN/A20188938
2025-03-25$22.66$25.0049.3%14.2%22.8%61.0%0.0%17.0%-1.4%-27.8K1.5M-4.0K2.50135.95N/AN/A25190938
2025-03-26$22.84$25.0054.6%14.7%23.1%69.3%0.0%26.6%-4.8%-29.8K1.7M-3.1K0.00135.43N/AN/A00192938
2025-03-27$22.99$25.0042.9%12.0%22.8%51.0%0.0%14.3%-0.2%-31.9K1.6M-3.2K0.00128.82N/AN/A00192938
2025-03-28$22.16$25.0038.3%10.7%24.1%43.9%0.0%34.2%-13.9%-18.5K1.8M-2.0K0.00133.01N/AN/A300192938
2025-03-31$22.18$25.0050.7%11.6%23.9%63.2%0.0%6.8%-17.0%-22.2K1.6M-2.9K0.00138.11N/AN/A020222897