CWH Options History — July 2018

In July 2018, CWH traded between $22.11 and $26.65. ATM implied volatility averaged 62.9%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 11.7% (HV 20d: 51.2%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2018-07-24: Highest Volume — 14,786 contracts
  • 2018-07-11: Largest IV spike — 15.6% change
  • 2018-07-30: Highest IV Rank — 68.1%
  • 2018-07-30: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.58$22.11$26.65$24.47$22.17
Max Pain$23.62$22.50$25.00$22.50$24.00
ATM IV62.9%52.5%80.7%54.0%79.7%
Expected Move18.4%15.5%23.1%15.5%22.9%
HV 20d51.2%44.1%65.0%64.4%45.7%
HV 60d68.8%67.7%69.3%68.6%68.6%
IV Rank47.0%34.7%68.1%36.5%67.0%
IV Percentile86.1%65.5%97.6%73.0%97.2%
Term Structure-4.2%-16.3%7.6%7.6%-15.4%
VWIV64.5%54.1%80.6%54.1%80.6%
Skew 25d-0.0%-5.3%3.0%-4.2%1.6%
Skew 10d1.6%-4.7%12.8%-4.6%4.8%
Call IV 25d65.1%58.5%80.4%58.5%80.4%
Put IV 25d65.1%54.2%82.0%54.3%82.0%
Bid-Ask Spread %22.2711.2744.5612.9825.97
Gamma HHI0.270.200.380.270.23
Net GEX811.7K397.4K1.2M684.1K743.0K
Net DEX-31.9M-52.6M-11.9M-30.9M-16.3M
Net VEX-238.4K-259.4K-211.8K-257.8K-235.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.064.090.790.38
Total Volume4,249.09591114,7865,5032,012
Total OI79,920.76274,09987,79074,09985,382

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$24.47$22.5054.0%15.5%64.4%36.5%54.1%-4.2%7.6%684.1K-30.9M-257.8K0.7912.98N/AN/A3,0782,42547,85126,248
2018-07-03$24.14$22.5056.0%16.0%65.0%38.8%56.8%-5.3%4.7%661.0K-27.8M-259.1K0.5223.49N/AN/A78240749,71828,065
2018-07-05$25.02$22.5053.7%17.4%61.7%36.2%61.6%-3.6%1.5%782.1K-35.8M-256.4K0.4044.56N/AN/A1,20547949,75528,102
2018-07-06$26.26$22.5055.2%17.2%58.8%37.9%61.0%-0.5%-0.9%913.8K-48.6M-259.4K0.3722.41N/AN/A2,9691,10450,05128,069
2018-07-09$26.65$22.5055.2%17.4%51.6%38.0%60.8%-0.5%-1.8%966.7K-52.6M-244.6K0.4014.30N/AN/A88535749,68227,757
2018-07-10$26.02$22.5052.5%17.3%52.4%34.7%59.9%1.6%-2.0%909.8K-45.9M-242.8K0.5514.73N/AN/A1,10861349,69427,733
2018-07-11$25.94$22.5060.7%17.4%52.4%44.4%60.3%0.7%-2.0%892.1K-45.4M-240.0K0.8620.68N/AN/A49142049,75827,956
2018-07-12$26.60$22.5060.8%17.4%49.8%44.5%62.0%0.0%-2.0%939.5K-51.9M-237.7K0.1016.16N/AN/A2,83928249,74528,003
2018-07-13$26.39$22.5059.9%17.2%49.6%43.5%60.3%2.2%-1.6%973.7K-51.6M-231.7K0.2419.30N/AN/A2,16551951,58928,002
2018-07-16$25.15$22.5059.9%17.2%50.9%43.5%60.3%0.9%-1.2%949.9K-36.6M-230.3K0.5517.10N/AN/A1,17964652,07627,922
2018-07-17$25.39$25.0060.0%17.2%50.9%43.6%60.5%0.6%-2.1%1.0M-39.6M-225.4K1.3911.31N/AN/A70698352,20628,172
2018-07-18$24.68$25.0060.2%17.3%52.0%43.8%61.3%1.1%-1.6%1.1M-30.0M-220.1K0.6311.27N/AN/A1,11370452,40328,141
2018-07-19$24.73$25.0060.7%17.4%45.9%44.5%60.2%-0.3%-2.4%1.2M-30.0M-218.0K0.6123.11N/AN/A1,19572552,42628,510
2018-07-20$24.63$25.0063.3%18.1%44.2%47.5%63.2%-0.7%-6.1%397.4K-22.5M-214.5K0.0626.40N/AN/A12,16074252,59928,512
2018-07-23$24.33$25.0065.4%18.7%44.1%50.0%65.2%-0.5%-7.9%818.4K-25.5M-226.5K0.4836.70N/AN/A2,2851,09851,24824,074
2018-07-24$22.73$25.0067.4%19.3%48.8%52.4%69.4%0.2%-5.4%503.1K-11.9M-211.8K0.2123.22N/AN/A12,1712,61550,37824,661
2018-07-25$22.46$25.0071.2%20.4%48.6%56.8%71.0%2.2%-10.1%541.5K-12.3M-235.6K0.4817.93N/AN/A4,6862,27255,82926,238
2018-07-26$23.24$24.0071.8%20.6%46.8%57.6%71.8%3.0%-11.4%753.1K-22.4M-259.4K0.4826.29N/AN/A2,1021,00858,31227,481
2018-07-27$22.99$24.0072.9%20.9%46.6%58.9%73.4%-0.9%-11.9%708.7K-20.4M-253.8K0.3434.38N/AN/A3,2281,09458,66327,535
2018-07-30$22.11$24.0080.7%23.1%46.0%68.1%80.5%1.5%-16.3%564.5K-12.0M-245.2K4.0925.45N/AN/A2,4319,94859,90927,881
2018-07-31$22.17$24.0079.7%22.9%45.7%67.0%80.6%1.6%-15.4%743.0K-16.3M-235.3K0.3825.97N/AN/A1,46354961,09024,292