CWH Options History — November 2016

In November 2016, CWH traded between $21.19 and $28.01. ATM implied volatility averaged 88.3%, placing in the 44.7% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 25.8% (HV 20d: 62.5%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.39.

Notable Days

2016-11-29: Highest Volume — 176 contracts
2016-11-03: Largest IV spike — 274.7% change
2016-11-03: Highest IV Rank — 100.0%
2016-11-09: Largest Expected Move — 30.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.01	$21.19	$28.01	$21.98	$28.01
Max Pain	$21.97	$20.00	$25.00	$20.00	$22.50
ATM IV	88.3%	21.3%	214.6%	21.3%	89.8%
Expected Move	20.8%	6.1%	30.5%	6.1%	25.7%
HV 20d	62.5%	41.3%	78.3%	66.0%	43.8%
HV 60d	45.1%	41.3%	48.4%	41.3%	48.4%
IV Rank	44.7%	18.7%	100.0%	21.1%	39.7%
IV Percentile	91.7%	19.0%	100.0%	19.0%	96.8%
Term Structure	9.0%	-76.0%	159.5%	159.5%	-51.5%
VWIV	69.6%	35.0%	113.3%	59.0%	77.7%
Skew 25d	-24.5%	-68.2%	6.3%	-68.2%	-11.2%
Skew 10d	-27.7%	-112.3%	76.7%	-90.8%	48.4%
Call IV 25d	89.3%	48.7%	126.6%	126.6%	82.9%
Put IV 25d	64.8%	9.9%	116.4%	58.4%	71.7%
Bid-Ask Spread %	132.81	108.83	156.48	156.48	149.31
Gamma HHI	0.52	0.40	0.83	0.43	0.49
Net GEX	2.2K	64	7.5K	77	2.7K
Net DEX	-125.7K	-356.6K	-8.7K	-12.3K	-356.6K
Net VEX	-202	-362	-70	-73	-330
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.21	0.67	0.25	0.61
Total Volume	77.857	15	176	15	122
Total OI	106.143	18	212	18	212

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2016-11-01	$21.98	$0.00	21.3%	6.1%	66.0%	21.1%	0.0%	0.0%	159.5%	77	-12.3K	-73	0.25	156.48	N/A	N/A	12	3	12	6
2016-11-02	$21.75	$0.00	43.2%	12.4%	66.0%	54.8%	0.0%	0.0%	109.6%	71	-12.3K	-71	0.25	139.38	N/A	N/A	12	3	12	6
2016-11-03	$21.42	$20.00	161.9%	29.1%	66.0%	100.0%	59.0%	0.0%	-36.0%	143	-9.9K	-73	0.25	130.39	N/A	N/A	12	3	12	6
2016-11-04	$22.00	$20.00	166.1%	29.0%	67.3%	100.0%	47.4%	0.0%	-30.1%	154	-10.1K	-74	0.25	128.97	N/A	N/A	12	3	12	6
2016-11-07	$21.36	$20.00	134.8%	20.9%	67.5%	80.3%	65.8%	0.0%	-4.0%	64	-8.7K	-70	0.50	116.59	N/A	N/A	14	7	12	6
2016-11-08	$21.19	$20.00	214.6%	21.6%	67.1%	100.0%	68.1%	0.0%	-21.3%	2.0K	-39.0K	-145	0.30	130.17	N/A	N/A	57	17	57	13
2016-11-09	$21.93	$20.00	106.2%	30.5%	68.9%	47.7%	63.0%	0.0%	-51.7%	1.3K	-43.4K	-213	0.67	135.79	N/A	N/A	18	12	57	23
2016-11-10	$22.16	$20.00	80.5%	23.1%	69.1%	35.2%	60.8%	0.0%	-42.5%	1.1K	-54.5K	-216	0.67	130.66	N/A	N/A	18	12	59	25
2016-11-11	$24.23	$20.00	95.6%	27.4%	77.5%	42.5%	68.6%	0.0%	22.7%	3.7K	-107.6K	-149	0.30	108.83	N/A	N/A	60	18	59	25
2016-11-14	$24.74	$25.00	61.1%	17.5%	78.0%	25.9%	64.1%	0.0%	16.6%	5.1K	-156.0K	-230	0.38	116.92	N/A	N/A	48	18	99	29
2016-11-15	$24.26	$25.00	58.6%	16.8%	78.2%	24.6%	66.4%	-68.2%	67.6%	4.7K	-138.7K	-232	0.45	122.67	N/A	N/A	47	21	102	29
2016-11-16	$24.01	$25.00	60.5%	17.4%	78.2%	25.6%	79.8%	-26.8%	24.8%	2.5K	-130.0K	-188	0.21	139.49	N/A	N/A	98	21	102	32
2016-11-17	$24.06	$22.50	60.5%	17.4%	78.2%	25.6%	93.7%	6.3%	62.5%	2.8K	-213.7K	-350	0.21	127.99	N/A	N/A	98	21	156	32
2016-11-18	$24.22	$22.50	63.7%	18.3%	78.3%	27.1%	74.6%	-30.6%	82.1%	2.9K	-226.8K	-336	0.21	123.31	N/A	N/A	98	21	156	32
2016-11-21	$24.20	$22.50	55.4%	15.9%	41.3%	23.1%	113.3%	-53.2%	23.7%	7.5K	-123.5K	-256	0.28	132.78	N/A	N/A	72	20	88	31
2016-11-22	$25.07	$22.50	54.6%	15.7%	42.4%	22.7%	49.6%	-8.2%	21.7%	3.4K	-170.5K	-172	0.26	122.42	N/A	N/A	76	20	88	31
2016-11-23	$26.19	$22.50	46.2%	13.3%	44.5%	18.7%	76.5%	-3.3%	18.7%	2.9K	-175.9K	-318	0.62	125.24	N/A	N/A	73	45	96	31
2016-11-25	$26.92	$22.50	81.5%	23.4%	44.0%	35.7%	88.8%	-5.0%	-41.9%	1.7K	-171.7K	-362	0.58	154.81	N/A	N/A	78	45	97	59
2016-11-28	$26.83	$22.50	95.7%	27.4%	44.2%	42.6%	0.0%	-31.1%	-76.0%	94	-254.1K	-123	0.59	146.45	N/A	N/A	78	46	100	59
2016-11-29	$27.77	$22.50	101.3%	29.1%	44.9%	45.3%	35.0%	-38.5%	-65.3%	853	-224.5K	-268	0.35	150.32	N/A	N/A	130	46	100	60
2016-11-30	$28.01	$22.50	89.8%	25.7%	43.8%	39.7%	77.7%	-11.2%	-51.5%	2.7K	-356.6K	-330	0.61	149.31	N/A	N/A	76	46	152	60