CVLG Options History — May 2025

In May 2025, CVLG traded between $19.91 and $23.34. ATM implied volatility averaged 36.6%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 22.7% (HV 20d: 59.3%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.35.

Notable Days

  • 2025-05-19: Highest Volume — 268 contracts
  • 2025-05-12: Largest IV spike — 62.0% change
  • 2025-05-12: Highest IV Rank — 56.3%
  • 2025-05-02: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.19$19.91$23.34$19.91$22.82
Max Pain$24.52$20.00$25.00$20.00$25.00
ATM IV36.6%25.9%70.9%40.6%33.6%
Expected Move9.6%7.4%12.1%11.6%9.6%
HV 20d59.3%45.4%83.3%83.3%46.2%
HV 60d55.7%51.8%57.2%51.8%57.0%
IV Rank22.8%11.5%56.3%28.3%18.9%
IV Percentile71.7%48.4%98.0%84.9%67.9%
Term Structure7.1%-16.4%24.6%-16.4%13.3%
VWIV33.8%27.5%39.5%38.6%27.8%
Skew 25d6.3%-6.9%21.0%-6.9%4.5%
Skew 10d10.9%-29.6%38.8%-10.7%10.2%
Call IV 25d30.9%16.0%46.3%46.3%34.7%
Put IV 25d37.2%30.3%51.5%39.4%39.1%
Bid-Ask Spread %102.3995.49131.01131.0195.49
Gamma HHI0.300.190.450.220.42
Net GEX5.4K-2.7K24.7K-1.1K8.7K
Net DEX51.1K-184.2K338.0K338.0K17.7K
Net VEX-2.7K-3.3K-1.7K-1.7K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.003.000.050.00
Total Volume27.09502684562
Total OI1,333.6671,0401,4831,2551,306

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$19.91$20.0040.6%11.6%83.3%28.3%0.0%-6.9%-16.4%-1.1K338.0K-1.7K0.05131.01N/AN/A432818437
2025-05-02$21.04$20.0042.2%12.1%76.2%29.8%0.0%3.9%-5.1%2.5K144.9K-2.5K0.00126.46N/AN/A042861439
2025-05-05$20.71$25.0042.9%10.6%76.0%30.4%0.0%0.1%14.9%-1.2K174.9K-2.6K0.00100.22N/AN/A00861481
2025-05-06$20.45$25.0044.5%11.1%73.2%31.9%38.6%12.0%5.9%-2.6K254.9K-2.3K0.00101.13N/AN/A01861481
2025-05-07$20.55$25.0036.0%11.4%71.9%24.1%39.5%21.0%5.4%-2.7K244.3K-2.2K0.00100.14N/AN/A02861482
2025-05-08$21.24$25.0032.5%9.2%61.2%20.8%0.0%10.5%18.6%-229152.7K-2.4K0.0096.83N/AN/A440861484
2025-05-09$20.98$25.0043.7%10.2%57.1%31.2%0.0%7.4%16.1%-783158.4K-2.5K0.00104.12N/AN/A00905484
2025-05-12$23.11$25.0070.9%9.2%65.2%56.3%27.5%16.6%-2.5%24.7K-166.2K-3.1K0.0795.73N/AN/A403905484
2025-05-13$23.03$25.0038.7%8.6%65.3%23.9%0.0%15.0%9.5%5.2K-134.0K-3.2K0.0099.61N/AN/A00965486
2025-05-14$22.98$25.0027.9%8.0%64.4%13.6%0.0%10.3%14.3%21.3K-142.7K-3.1K0.00106.92N/AN/A80965487
2025-05-15$23.30$25.0030.9%8.9%55.3%16.3%30.3%3.2%14.4%2.1K-75.1K-2.5K0.00102.14N/AN/A390957487
2025-05-16$23.29$25.0033.4%9.6%54.4%18.7%0.0%5.8%3.8%4.6K-184.2K-3.1K0.00102.25N/AN/A00996487
2025-05-19$23.34$25.0032.3%9.3%54.1%17.7%0.0%4.7%-7.1%3.4K6.1K-2.6K0.00101.15N/AN/A2680658382
2025-05-20$23.29$25.0027.0%7.8%54.2%12.6%0.0%1.8%-2.2%9.2K-49.5K-3.1K0.0097.89N/AN/A00917382
2025-05-21$22.64$25.0025.9%7.4%55.9%11.5%34.6%1.3%24.6%8.3K27.8K-3.0K3.00102.44N/AN/A26917382
2025-05-22$22.62$25.0029.5%8.5%46.6%14.9%0.0%2.4%9.9%5.4K99.7K-2.6K0.0099.06N/AN/A00919385
2025-05-23$22.04$25.0031.5%9.0%45.4%16.9%38.1%1.8%10.3%4.5K156.0K-2.5K0.0095.60N/AN/A06919385
2025-05-27$22.80$25.0036.2%10.4%46.4%21.4%0.0%5.0%13.2%7.1K27.0K-2.9K0.0096.21N/AN/A00919388
2025-05-28$22.84$25.0033.6%9.6%46.3%18.9%27.8%6.0%0.4%8.6K-31.8K-3.3K0.0099.22N/AN/A10919388
2025-05-29$22.98$25.0034.6%9.9%45.9%19.8%0.0%5.7%7.0%6.0K54.5K-2.6K0.0096.67N/AN/A00918388
2025-05-30$22.82$25.0033.6%9.6%46.2%18.9%0.0%4.5%13.3%8.7K17.7K-2.7K0.0095.49N/AN/A620918388