CVLG Options History — January 2026

In January 2026, CVLG traded between $22.17 and $26.93. ATM implied volatility averaged 68.6%, placing in the 50.6% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 29.7% (HV 20d: 38.8%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 1.81.

Notable Days

  • 2026-01-09: Highest Volume — 457 contracts
  • 2026-01-14: Largest IV drop — 54.6% change
  • 2026-01-13: Highest IV Rank — 99.3%
  • 2026-01-02: Largest Expected Move — 24.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.31$22.17$26.93$22.17$24.62
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV68.6%44.3%117.3%84.4%44.3%
Expected Move15.9%11.1%24.2%24.2%12.7%
HV 20d38.8%30.8%43.6%30.8%43.6%
HV 60d36.9%34.8%39.5%36.5%36.4%
IV Rank50.6%26.4%99.3%66.4%26.4%
IV Percentile86.9%61.1%99.6%98.4%61.1%
Term Structure-17.7%-41.9%-7.7%-41.9%-19.6%
VWIV40.5%18.5%51.4%47.4%39.5%
Skew 25d11.3%-32.7%46.3%12.8%-32.7%
Skew 10d2.9%-51.9%54.4%18.8%-51.9%
Call IV 25d45.1%22.5%71.3%35.3%66.3%
Put IV 25d56.4%33.6%74.4%48.0%33.6%
Bid-Ask Spread %125.3393.62139.96126.1093.62
Gamma HHI0.440.350.700.480.36
Net GEX41.0K9.5K77.1K9.5K37.6K
Net DEX-983.7K-1.5M21.8K21.8K-704.1K
Net VEX-5.0K-6.7K-3.3K-3.3K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.810.0010.000.781.69
Total Volume100.2045732172
Total OI1,529.151,1821,9361,1821,689

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$22.17$22.5084.4%24.2%30.8%66.4%47.4%12.8%-41.9%9.5K21.8K-3.3K0.00126.10N/AN/A032777405
2026-01-05$23.35$22.5081.3%11.1%35.5%63.4%34.0%0.4%-9.7%22.0K-362.3K-4.2K0.78113.64N/AN/A8969777437
2026-01-06$24.93$22.5077.8%13.3%41.7%59.9%44.9%-3.6%-12.0%31.3K-799.0K-4.5K0.17121.81N/AN/A38465863425
2026-01-07$24.76$22.5055.9%12.8%42.0%38.0%42.9%15.5%-8.4%77.1K-1.1M-5.6K0.03118.54N/AN/A339101,236415
2026-01-08$25.27$22.5075.7%12.7%42.2%57.8%39.4%9.3%-7.7%73.1K-1.4M-6.1K0.00126.60N/AN/A11501,496425
2026-01-09$25.23$22.5090.1%13.1%38.4%72.1%0.0%6.4%-10.5%69.8K-1.5M-6.7K0.00123.28N/AN/A45611,511425
2026-01-12$25.32$22.50110.5%17.2%38.0%92.5%0.0%30.3%-13.6%42.6K-1.1M-5.4K0.00127.81N/AN/A3201,151425
2026-01-13$25.07$22.50117.3%19.1%37.8%99.3%0.0%26.4%-28.6%45.8K-1.0M-5.4K0.00131.76N/AN/A001,160425
2026-01-14$25.64$22.5053.3%15.3%38.3%35.4%0.0%11.2%-15.9%46.0K-1.2M-5.4K0.00139.96N/AN/A001,160425
2026-01-15$26.13$22.5050.8%14.6%38.6%32.8%0.0%-10.5%-11.7%48.5K-1.3M-5.4K10.00127.66N/AN/A1101,160425
2026-01-16$25.90$22.5058.1%16.6%37.4%40.1%0.0%32.4%-17.8%30.3K-1.5M-5.3K0.00135.80N/AN/A001,160435
2026-01-20$25.30$22.5059.9%17.2%38.5%42.0%0.0%19.8%-15.4%28.0K-784.4K-5.0K0.00132.52N/AN/A00955433
2026-01-21$26.48$22.5057.9%16.6%38.1%40.0%0.0%10.9%-18.4%35.8K-1.0M-4.9K10.00126.20N/AN/A110955433
2026-01-22$26.93$22.5055.9%16.0%37.8%38.0%0.0%23.6%-15.9%38.0K-1.1M-4.9K0.00133.72N/AN/A00955443
2026-01-23$26.27$22.5055.0%15.8%39.6%37.1%46.2%-5.0%-19.8%34.5K-1.0M-4.9K0.02131.69N/AN/A1303955443
2026-01-26$26.14$22.5061.9%17.7%38.7%43.9%18.5%46.3%-15.1%38.8K-1.0M-5.1K0.60129.01N/AN/A1061,085449
2026-01-27$25.45$22.5065.9%18.9%40.4%48.0%0.0%8.8%-24.0%36.1K-883.3K-4.8K0.00131.55N/AN/A001,095455
2026-01-28$25.48$22.5063.9%18.3%39.7%45.9%0.0%3.1%-22.0%36.2K-936.5K-4.8K0.00130.47N/AN/A2001,095455
2026-01-29$25.75$22.5051.6%14.8%39.5%33.7%51.4%21.2%-26.7%39.4K-906.8K-4.9K0.20104.78N/AN/A4181,115455
2026-01-30$24.62$22.5044.3%12.7%43.6%26.4%39.5%-32.7%-19.6%37.6K-704.1K-4.3K1.6993.62N/AN/A641081,160529