CWH Options History — December 2016

In December 2016, CWH traded between $27.16 and $33.17. ATM implied volatility averaged 89.8%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 52.4% (HV 20d: 37.5%). Max pain ranged from $22.50 to $30.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2016-12-15: Highest Volume — 267 contracts
  • 2016-12-09: Largest IV spike — 629.2% change
  • 2016-12-09: Highest IV Rank — 92.6%
  • 2016-12-14: Largest Expected Move — 31.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.62$27.16$33.17$27.68$32.59
Max Pain$25.24$22.50$30.00$22.50$30.00
ATM IV89.8%26.5%199.3%103.8%40.0%
Expected Move22.9%10.4%31.7%29.8%11.5%
HV 20d37.5%32.8%44.2%43.9%34.4%
HV 60d50.4%48.4%51.5%48.4%51.5%
IV Rank39.7%9.1%92.6%46.5%15.6%
IV Percentile86.7%34.5%99.6%98.0%72.2%
Term Structure-8.5%-95.0%76.3%-95.0%24.0%
VWIV78.7%30.9%128.8%102.2%30.9%
Skew 25d44.9%-11.7%114.1%32.6%8.9%
Skew 10d48.7%8.1%116.5%15.1%8.9%
Call IV 25d48.8%21.4%88.4%55.7%21.4%
Put IV 25d93.7%30.2%150.1%88.2%30.2%
Bid-Ask Spread %138.43118.03161.01145.70139.23
Gamma HHI0.610.370.960.440.76
Net GEX-392-32.3K4.8K3.5K2.7K
Net DEX-227.7K-400.4K-112.1K-294.3K-152.7K
Net VEX-467-750-261-446-741
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.331.190.610.48
Total Volume143.09557267122111
Total OI176.38187269213170

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-12-01$27.68$22.50103.8%29.8%43.9%46.5%102.2%32.6%-95.0%3.5K-294.3K-4460.61145.70N/AN/A764615360
2016-12-02$27.18$22.5090.0%25.8%44.2%39.8%128.8%28.9%5.0%4.5K-298.5K-4160.62161.01N/AN/A764715360
2016-12-05$27.16$22.50121.6%17.1%44.0%55.1%82.2%45.0%-5.4%2.8K-187.6K-3360.62141.31N/AN/A764710961
2016-12-06$27.17$22.50127.5%19.1%41.6%57.9%90.3%44.8%3.6%2.8K-185.0K-3480.68133.40N/AN/A765210961
2016-12-07$28.00$25.0026.5%10.4%41.4%9.1%92.8%55.5%76.3%2.4K-217.1K-3150.69137.47N/AN/A755210966
2016-12-08$28.76$25.0027.3%21.3%41.0%9.5%100.2%18.3%-2.3%2.4K-262.8K-2610.51129.98N/AN/A1015211166
2016-12-09$30.13$25.00199.3%20.6%42.6%92.6%85.3%42.4%-6.6%3.5K-272.9K-4390.40118.03N/AN/A1315213666
2016-12-12$30.92$25.00145.4%20.9%32.8%66.6%87.1%44.9%-12.4%997-380.9K-3130.82126.88N/AN/A13210814266
2016-12-13$30.66$25.0048.5%31.1%33.4%19.8%91.2%50.8%-56.0%-17.1K-342.4K-3750.79134.81N/AN/A137108143107
2016-12-14$30.08$25.00110.4%31.7%33.4%49.7%79.2%18.2%-30.9%-32.3K-292.1K-4150.80140.37N/AN/A146117148107
2016-12-15$31.90$25.00101.6%29.1%36.4%45.4%81.9%79.6%-11.6%-4.2K-359.3K-4760.78141.93N/AN/A150117152117
2016-12-16$31.83$25.00100.0%28.7%36.7%44.6%102.8%35.1%-3.3%955-400.4K-4941.18141.86N/AN/A99117151117
2016-12-19$31.77$25.00102.5%29.4%37.0%45.8%64.7%76.1%-27.1%1.5K-118.8K-4031.03143.60N/AN/A30315932
2016-12-20$31.96$25.0062.1%17.8%36.7%26.3%92.5%70.8%12.9%1.2K-116.9K-4471.19144.81N/AN/A26315932
2016-12-21$32.50$25.00102.7%29.4%35.9%45.9%107.2%103.1%-7.6%972-112.1K-4271.19144.91N/AN/A26315532
2016-12-22$32.31$25.00105.7%30.3%34.5%47.4%41.3%114.1%-15.2%1.4K-112.3K-4080.33133.45N/AN/A70235532
2016-12-23$32.40$25.0056.5%16.2%34.0%23.6%44.3%33.7%-6.6%3.8K-182.0K-6320.33143.63N/AN/A722410134
2016-12-27$33.17$25.0081.0%23.2%34.1%35.4%46.3%42.6%4.4%4.8K-190.4K-6430.64131.55N/AN/A724610435
2016-12-28$32.71$30.0090.0%25.8%33.9%39.8%60.8%8.6%-9.8%2.7K-156.2K-7280.48129.43N/AN/A753610757
2016-12-29$32.16$30.0044.3%12.7%35.1%17.7%40.9%-11.7%-16.1%2.7K-147.1K-7500.48143.65N/AN/A753610763
2016-12-30$32.59$30.0040.0%11.5%34.4%15.6%30.9%8.9%24.0%2.7K-152.7K-7410.48139.23N/AN/A753610763