CWH Options History — July 2017

In July 2017, CWH traded between $29.00 and $32.71. ATM implied volatility averaged 44.9%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 7.5% (HV 20d: 37.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.55.

Notable Days

  • 2017-07-18: Highest Volume — 376 contracts
  • 2017-07-11: Largest IV spike — 39.8% change
  • 2017-07-31: Highest IV Rank — 23.5%
  • 2017-07-31: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.08$29.00$32.71$30.55$31.77
Max Pain$29.50$25.00$30.00$30.00$30.00
ATM IV44.9%26.5%56.3%34.6%56.3%
Expected Move13.3%9.8%16.1%9.9%16.1%
HV 20d37.4%29.8%41.0%36.4%37.7%
HV 60d35.3%32.5%36.7%32.5%36.1%
IV Rank18.0%9.1%23.5%13.1%23.5%
IV Percentile54.6%22.2%67.5%41.7%67.5%
Term Structure-6.0%-15.2%4.2%4.2%-10.6%
VWIV45.4%33.6%54.5%36.0%51.1%
Skew 25d8.4%-9.2%30.3%7.2%20.6%
Skew 10d21.8%-14.5%66.3%12.2%66.1%
Call IV 25d42.2%30.0%60.0%30.0%53.4%
Put IV 25d50.6%32.3%74.0%37.2%74.0%
Bid-Ask Spread %94.3785.18111.30103.88102.56
Gamma HHI0.640.370.890.880.43
Net GEX47.0K9.0K98.2K66.9K17.6K
Net DEX-1.3M-2.5M-424.0K-1.4M-715.9K
Net VEX-5.2K-5.6K-4.7K-5.6K-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.553.342.051.29
Total Volume290.55218376299266
Total OI1,657.41,3742,0721,5451,526

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-07-03$30.55$30.0034.6%9.9%36.4%13.1%36.0%7.2%4.2%66.9K-1.4M-5.6K2.05103.88N/AN/A98201970575
2017-07-05$30.03$30.0040.9%11.7%33.8%16.1%46.6%1.9%-9.8%65.0K-1.0M-5.6K1.20111.30N/AN/A124149968575
2017-07-06$29.00$25.0026.9%9.8%34.7%9.3%39.2%-1.0%0.1%88.0K-645.7K-5.4K1.3096.74N/AN/A116151998579
2017-07-07$29.07$25.0029.7%11.3%34.4%10.7%33.6%7.7%-3.0%77.0K-558.3K-5.4K1.9594.62N/AN/A1001951,008586
2017-07-10$29.00$30.0026.5%10.7%30.7%9.1%34.2%9.4%-1.1%87.1K-424.0K-5.3K2.0388.73N/AN/A961951,010668
2017-07-11$29.64$30.0037.0%10.8%31.3%14.2%37.0%3.7%-1.9%83.1K-780.9K-5.4K1.7691.99N/AN/A102180996668
2017-07-12$29.82$30.0039.8%11.4%29.8%15.6%41.0%-9.2%-4.0%98.2K-897.2K-5.5K1.2098.34N/AN/A99119996728
2017-07-13$32.28$30.0049.1%14.1%40.7%20.0%46.6%6.8%-4.3%48.2K-2.0M-5.3K0.5589.27N/AN/A2421321,001730
2017-07-14$31.76$30.0047.7%13.7%40.7%19.4%47.9%5.5%-5.1%66.5K-2.0M-5.3K0.7286.66N/AN/A1781281,057704
2017-07-17$31.37$30.0049.5%14.2%40.3%20.3%49.0%11.8%-7.2%77.7K-1.8M-5.4K1.0485.18N/AN/A1581641,074723
2017-07-18$31.98$30.0047.6%13.6%40.6%19.3%45.0%7.3%-3.7%48.2K-2.2M-5.4K0.8387.22N/AN/A2051711,090786
2017-07-19$32.71$30.0043.8%12.6%41.0%17.5%47.3%7.7%-4.7%32.6K-2.5M-5.2K1.0590.86N/AN/A1361431,160806
2017-07-20$32.34$30.0053.7%15.4%39.6%22.3%50.4%19.4%-3.7%9.4K-2.5M-5.0K1.1691.48N/AN/A1371591,166839
2017-07-21$31.94$30.0048.4%13.9%40.0%19.7%45.7%9.1%-10.9%9.0K-2.4M-5.2K1.5091.61N/AN/A1362041,168904
2017-07-24$31.30$30.0051.4%14.7%40.8%21.2%51.8%-1.4%-7.6%10.6K-611.7K-4.8K2.5193.58N/AN/A71178642732
2017-07-25$31.77$30.0055.0%15.8%39.9%22.9%52.8%12.1%-12.3%12.5K-707.4K-4.7K2.6690.35N/AN/A67178659732
2017-07-26$31.68$30.0049.4%14.2%39.2%20.2%46.8%11.5%-10.0%13.7K-689.0K-4.9K3.3494.35N/AN/A61204670732
2017-07-27$31.81$30.0054.8%15.7%38.1%22.8%54.5%7.7%-9.5%13.2K-697.7K-4.8K1.6198.63N/AN/A103166682748
2017-07-28$31.86$30.0056.2%16.1%37.7%23.5%51.6%30.3%-15.2%15.1K-728.4K-5.1K1.34100.08N/AN/A128171732760
2017-07-31$31.77$30.0056.3%16.1%37.7%23.5%51.1%20.6%-10.6%17.6K-715.9K-5.3K1.29102.56N/AN/A116150760766