CVLG Options History — July 2025

In July 2025, CVLG traded between $23.61 and $26.23. ATM implied volatility averaged 44.8%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 11.8% (HV 20d: 33.1%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 8.95.

Notable Days

  • 2025-07-15: Highest Volume — 7,710 contracts
  • 2025-07-30: Largest IV spike — 90.3% change
  • 2025-07-07: Highest IV Rank — 54.0%
  • 2025-07-02: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.91$23.61$26.23$25.41$23.93
Max Pain$23.07$22.50$25.00$22.50$25.00
ATM IV44.8%17.9%70.9%40.1%45.6%
Expected Move12.2%5.1%18.5%11.5%13.1%
HV 20d33.1%28.6%39.6%31.4%36.4%
HV 60d42.1%35.5%52.8%52.8%36.9%
IV Rank28.5%2.2%54.0%23.9%29.3%
IV Percentile75.9%3.6%98.0%79.4%85.7%
Term Structure-10.7%-44.5%13.2%13.2%-16.6%
VWIV38.9%24.7%66.6%66.6%26.3%
Skew 25d-8.7%-45.4%8.1%8.1%-28.3%
Skew 10d-13.4%-31.6%9.2%-18.2%-29.4%
Call IV 25d45.0%33.8%64.5%37.1%48.7%
Put IV 25d36.3%18.2%50.1%45.1%20.4%
Bid-Ask Spread %112.1066.73134.76116.17134.76
Gamma HHI0.500.340.860.560.51
Net GEX1.6K-111.7K31.5K18.4K-17.9K
Net DEX-131.8K-433.2K436.3K-375.2K286.7K
Net VEX-3.6K-4.5K-2.7K-4.4K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.950.0083.000.0022.00
Total Volume392.45517,7103234
Total OI2,629.9091,4879,3001,5131,784

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$25.41$22.5040.1%11.5%31.4%23.9%0.0%8.1%13.2%18.4K-375.2K-4.4K0.00116.17N/AN/A320864649
2025-07-02$25.54$22.5064.6%18.5%29.5%47.8%66.6%-15.4%-34.9%18.6K-357.6K-4.5K0.00114.72N/AN/A90863649
2025-07-03$25.63$22.5058.7%13.8%28.6%42.1%0.0%-5.5%-13.6%18.6K-377.2K-4.5K0.00133.43N/AN/A30858649
2025-07-07$24.97$22.5070.9%14.2%30.6%54.0%28.2%-8.4%-28.3%13.9K-250.8K-4.1K4.86115.52N/AN/A734858649
2025-07-08$25.45$22.5061.3%12.1%30.2%44.6%38.9%6.8%-5.3%15.8K-339.4K-4.1K0.00121.44N/AN/A01853683
2025-07-09$25.60$22.5051.7%14.8%29.9%35.3%0.0%-17.4%-16.7%16.9K-320.9K-4.1K0.00129.09N/AN/A10853684
2025-07-10$26.15$22.5047.9%13.7%30.0%31.5%0.0%5.7%-17.1%23.5K-433.2K-4.2K0.00123.72N/AN/A100852684
2025-07-11$25.29$22.5045.6%13.1%32.1%29.2%0.0%-9.4%-20.2%13.9K-273.4K-4.1K0.00134.67N/AN/A1340862684
2025-07-14$24.80$22.5038.3%11.0%33.2%22.2%35.6%1.5%-0.8%6.7K-186.8K-3.5K0.00113.86N/AN/A020803684
2025-07-15$24.45$22.5047.3%13.6%32.7%30.9%49.8%-14.5%0.7%1.0K-86.4K-3.6K0.00108.93N/AN/A07,710803704
2025-07-16$24.02$22.5040.1%11.5%32.9%23.9%38.9%-2.8%-7.2%-111.7K436.3K-4.2K2.9895.05N/AN/A521558038,339
2025-07-17$24.13$22.5040.6%11.6%32.5%24.4%40.0%-0.3%-9.7%-51.0K124.3K-3.5K0.0081.46N/AN/A0318558,445
2025-07-18$23.63$22.5038.5%11.0%33.5%22.3%38.4%0.6%-2.4%-4.8K100.6K-2.7K0.53106.63N/AN/A30168558,441
2025-07-21$23.61$22.5039.4%11.3%33.5%23.2%42.4%-1.5%2.2%-1.4K63.4K-3.0K0.00109.61N/AN/A010840660
2025-07-22$24.13$22.5058.7%16.8%33.1%42.0%48.3%1.9%-21.9%5.9K-49.8K-3.3K0.00100.58N/AN/A03840652
2025-07-23$24.42$22.5039.9%11.5%33.0%23.8%38.8%-4.7%-10.2%3.7K-52.6K-2.9K83.0099.56N/AN/A2166840651
2025-07-24$25.23$22.5023.7%6.8%34.7%7.9%24.7%-20.0%-0.2%13.7K-163.9K-3.5K3.00120.04N/AN/A3090842806
2025-07-25$26.23$25.0017.9%5.1%37.0%2.2%0.0%-10.1%8.0%31.5K-415.4K-3.6K0.00127.71N/AN/A03876874
2025-07-28$26.10$25.0027.6%7.9%36.5%11.7%27.3%-10.1%0.4%27.0K-350.6K-3.5K0.0066.73N/AN/A60876874
2025-07-29$25.02$25.0030.2%8.7%39.6%14.2%26.3%-22.8%-9.4%5.3K-84.9K-3.0K0.00104.33N/AN/A022881874
2025-07-30$24.23$25.0057.4%16.5%36.4%40.8%0.0%-45.4%-44.5%-12.8K206.8K-2.8K22.00108.09N/AN/A122881881
2025-07-31$23.93$25.0045.6%13.1%36.4%29.3%0.0%-28.3%-16.6%-17.9K286.7K-3.0K0.00134.76N/AN/A034882902