CVNA Options History — July 2022

In July 2022, CVNA traded between $0.81 and $1.16. ATM implied volatility averaged 151.9%, placing in the 69.2% IV rank vs the trailing year. The 30-day expected move averaged 43.2%. IV traded below realized volatility by 4.9% (HV 20d: 156.8%). Max pain ranged from $1.10 to $1.40. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.75.

Notable Days

  • 2022-07-20: Highest Volume — 2,112,900 contracts
  • 2022-07-15: Largest IV drop — 6.2% change
  • 2022-07-06: Highest IV Rank — 76.9%
  • 2022-07-27: Largest Expected Move — 44.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.98$0.81$1.16$0.88$1.16
Max Pain$1.25$1.10$1.40$1.10$1.10
ATM IV151.9%138.3%164.8%156.0%138.3%
Expected Move43.2%40.7%44.7%42.7%42.4%
HV 20d156.8%133.4%171.9%150.6%135.3%
HV 60d157.5%146.6%161.8%146.6%161.8%
IV Rank69.2%61.2%76.9%71.7%61.2%
IV Percentile92.0%81.3%98.4%97.6%81.3%
Term Structure-4.1%-7.3%3.5%3.5%-6.3%
VWIV152.6%140.7%160.2%150.0%148.0%
Skew 25d13.2%7.0%17.7%17.7%7.0%
Skew 10d27.2%16.4%38.6%38.6%16.4%
Call IV 25d147.0%134.7%159.6%151.0%140.0%
Put IV 25d160.2%147.0%175.9%168.7%147.0%
Bid-Ask Spread %30.7810.2967.2310.3612.07
Gamma HHI0.070.050.140.060.14
Net GEX739.9K-1.2M5.3M-812.8K4.2M
Net DEX3.3M-179.4M114.1M85.8M-179.4M
Net VEX-1.0M-1.3M-805.3K-878.7K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.271.640.770.46
Total Volume1,284,026.25651,6002,112,900863,8501,584,925
Total OI9,219,3957,516,37510,339,1759,276,65010,339,175

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$0.88$1.10156.0%42.7%150.6%71.7%150.0%17.7%3.5%-812.8K85.8M-878.7K0.7710.36488,925374,9255,282,4503,994,200
2022-07-05$1.10$1.40162.0%44.1%167.8%75.3%155.7%17.6%-3.3%859.9K-33.6M-1.1M0.7049.971,123,000781,7754,940,9253,617,000
2022-07-06$1.06$1.40164.8%44.3%166.8%76.9%155.5%16.5%-3.8%990.5K-21.7M-1.1M0.4961.36957,400466,5755,397,7253,947,500
2022-07-07$1.05$1.40162.5%43.8%166.9%75.6%154.9%12.8%-0.8%1.3M-18.3M-1.1M0.5060.301,017,850507,1255,588,5004,041,400
2022-07-08$1.00$1.40159.5%43.0%167.8%73.8%159.4%11.8%-7.3%-402.7K20.7M-1.0M0.8964.68680,350602,1505,919,4254,183,725
2022-07-11$0.88$1.40159.3%44.2%171.9%73.7%160.2%12.6%-5.9%-874.8K81.3M-877.2K1.6425.44468,275767,9754,903,0253,854,675
2022-07-12$0.87$1.40156.3%43.2%171.4%71.9%152.8%14.1%-3.9%-1.1M90.9M-884.5K0.8265.43357,525294,0755,076,5754,217,250
2022-07-13$0.84$1.40154.6%43.6%170.7%70.8%153.2%15.8%-2.1%-1.2M101.3M-849.7K0.9667.23475,750455,4255,170,6254,257,225
2022-07-14$0.81$1.30153.9%43.0%171.0%70.5%147.8%17.5%-4.2%-1.1M114.1M-805.3K0.8158.58551,975449,2005,330,2254,386,150
2022-07-15$0.85$1.20144.4%41.3%159.6%64.8%141.6%12.8%-0.9%-328.7K95.7M-858.3K0.7025.02861,400605,3505,639,1254,507,550
2022-07-18$0.89$1.20143.3%40.7%151.1%64.1%140.7%15.3%-3.2%-8.0K35.5M-940.5K0.8314.03444,425367,3504,312,3253,204,050
2022-07-19$0.91$1.20146.3%41.8%144.5%65.9%149.8%15.9%-4.5%181.7K28.5M-957.9K0.6111.91845,700516,7004,452,4253,310,450
2022-07-20$1.08$1.20151.6%43.5%157.6%69.1%153.3%11.2%-6.7%1.3M-67.1M-1.2M0.6210.291,304,775808,1254,956,5003,495,600
2022-07-21$1.11$1.20146.1%42.1%157.7%65.8%150.8%11.9%-4.8%2.3M-88.5M-1.3M0.7417.60813,700600,2755,402,7753,777,950
2022-07-22$1.01$1.20147.9%43.0%154.1%66.9%150.9%12.6%-5.9%917.5K-22.4M-1.2M0.6711.44943,500633,1755,586,9503,906,025
2022-07-25$1.01$1.20148.0%44.1%149.6%67.0%153.3%11.6%-4.4%923.6K-18.6M-1.1M0.8810.67358,750316,2505,201,3503,566,600
2022-07-26$0.96$1.10147.7%43.9%150.4%66.7%156.7%10.2%-4.2%657.5K7.9M-1.1M0.7612.99497,900377,7505,360,6503,633,625
2022-07-27$1.06$1.10148.5%44.7%137.2%67.3%158.6%9.0%-7.1%1.7M-52.0M-1.2M0.2714.511,590,675425,2755,642,8753,686,575
2022-07-28$1.08$1.10146.0%44.0%133.4%65.8%158.4%10.3%-7.0%5.3M-94.9M-1.2M0.8811.64512,075452,1756,550,0503,746,675
2022-07-29$1.16$1.10138.3%42.4%135.3%61.2%148.0%7.0%-6.3%4.2M-179.4M-1.3M0.4612.071,082,475502,4506,519,6003,819,575