CWH Options History — October 2018

In October 2018, CWH traded between $16.65 and $22.34. ATM implied volatility averaged 71.6%, placing in the 57.0% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 12.0% (HV 20d: 59.6%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.76.

Notable Days

  • 2018-10-03: Highest Volume — 9,319 contracts
  • 2018-10-10: Largest IV spike — 20.2% change
  • 2018-10-30: Highest IV Rank — 77.4%
  • 2018-10-30: Largest Expected Move — 25.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.35$16.65$22.34$20.02$17.21
Max Pain$22.91$20.00$25.00$21.00$22.00
ATM IV71.6%54.1%88.7%54.1%86.6%
Expected Move20.8%15.5%25.4%15.5%24.8%
HV 20d59.6%51.8%72.2%56.6%71.8%
HV 60d66.1%63.4%71.4%63.5%71.3%
IV Rank57.0%36.1%77.4%36.1%74.9%
IV Percentile87.1%57.1%97.2%57.1%96.0%
Term Structure-6.8%-16.6%7.6%7.0%-13.7%
VWIV69.8%53.9%89.4%54.4%85.9%
Skew 25d1.8%-1.0%7.3%1.4%0.3%
Skew 10d1.4%-14.1%12.2%3.7%0.2%
Call IV 25d71.4%54.3%87.0%54.3%87.0%
Put IV 25d73.2%54.6%89.0%55.7%87.3%
Bid-Ask Spread %37.3216.8366.7716.8324.31
Gamma HHI0.170.120.340.180.13
Net GEX297.7K-130.4K989.3K299.3K-130.4K
Net DEX-1.1M-18.4M17.9M303.6K17.2M
Net VEX-148.4K-189.2K-102.5K-151.8K-106.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.760.652.990.651.30
Total Volume4,830.2172,5179,3198,5452,910
Total OI74,607.26161,40984,62573,32666,039

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$20.02$21.0054.1%15.5%56.6%36.1%54.4%1.4%7.0%299.3K303.6K-151.8K0.6516.83N/AN/A5,1843,36149,47323,853
2018-10-02$19.64$20.0055.2%15.8%56.9%37.4%57.8%-0.1%3.9%267.1K1.7M-153.8K0.9331.49N/AN/A4,0643,77750,72124,517
2018-10-03$20.24$21.0055.4%15.9%58.0%37.6%55.7%-0.9%7.6%353.8K-741.6K-165.2K1.3466.77N/AN/A3,9855,33451,30825,496
2018-10-04$20.57$23.0060.5%19.1%55.9%43.7%55.1%4.9%-5.5%383.1K-1.4M-169.2K1.3652.16N/AN/A2,8453,87052,03227,676
2018-10-05$20.44$23.0056.9%18.4%54.5%39.5%53.9%1.9%-2.3%239.0K-242.2K-167.3K1.6154.93N/AN/A2,4383,91552,55528,222
2018-10-08$22.10$23.0064.8%19.2%60.8%48.9%62.4%2.4%-5.0%827.5K-14.1M-181.5K1.3560.56N/AN/A2,0022,70452,72328,300
2018-10-09$22.32$23.0063.6%19.0%60.2%47.4%65.9%-0.7%-6.2%989.3K-18.4M-189.2K1.9219.78N/AN/A1,4022,69653,08728,362
2018-10-10$21.32$23.0076.4%21.9%60.8%62.8%69.4%2.5%-10.9%558.7K-8.6M-161.3K2.0134.69N/AN/A1,3882,78953,13128,267
2018-10-11$21.10$24.0076.1%21.8%60.8%62.4%73.5%4.3%-7.4%395.2K-5.2M-166.0K1.5039.08N/AN/A1,7802,67353,42728,718
2018-10-12$21.23$24.0075.7%21.7%58.5%61.9%77.2%0.7%-10.8%423.1K-6.2M-161.7K1.6834.02N/AN/A1,4342,40853,52628,948
2018-10-15$21.46$25.0077.6%22.2%54.2%64.1%74.4%0.7%-11.6%408.8K-7.7M-158.2K1.5730.43N/AN/A1,6732,62653,56229,110
2018-10-16$22.34$25.0070.5%20.2%56.0%55.7%73.7%1.7%-4.3%736.0K-16.3M-149.6K1.9227.05N/AN/A1,9663,78453,41329,020
2018-10-17$22.24$25.0069.6%19.9%55.9%54.6%66.1%1.1%-6.4%531.4K-11.9M-159.0K0.8327.78N/AN/A2,8312,35252,81529,779
2018-10-18$20.89$24.0071.9%20.6%60.4%57.4%66.6%1.2%-8.0%-4.2K362.2K-146.7K2.2338.56N/AN/A9522,12553,81330,230
2018-10-19$21.33$23.0072.2%20.7%60.2%57.7%70.2%7.3%-6.5%199.0K-5.9M-149.5K1.7935.84N/AN/A1,4042,50754,19130,434
2018-10-22$21.23$23.0070.5%20.2%53.6%55.6%63.3%3.1%-7.9%206.6K-2.9M-140.4K2.4635.56N/AN/A7491,83936,34325,066
2018-10-23$21.21$23.0073.1%21.0%53.5%58.8%70.9%1.3%-4.9%181.5K-3.2M-144.0K2.4140.43N/AN/A8352,01336,48925,198
2018-10-24$20.76$23.0077.9%22.3%51.8%64.5%65.3%-1.0%-10.6%195.8K-557.4K-144.8K2.4152.24N/AN/A7381,77936,62525,400
2018-10-25$18.65$23.0079.5%22.8%63.9%66.5%81.0%0.5%-11.2%3.6K11.1M-122.3K0.9658.67N/AN/A2,3342,25136,73325,293
2018-10-26$17.31$22.0083.8%24.0%68.2%71.6%86.4%4.2%-10.5%-52.2K15.4M-111.7K2.8125.34N/AN/A1,1133,12637,55525,488
2018-10-29$16.65$22.0086.9%24.9%66.6%75.3%87.5%1.8%-14.2%-103.8K17.9M-102.5K2.5128.78N/AN/A1,0842,72037,82426,530
2018-10-30$17.86$22.0088.7%25.4%72.2%77.4%89.4%2.8%-16.6%-61.5K14.1M-111.3K2.9923.12N/AN/A1,3373,99837,99226,683
2018-10-31$17.21$22.0086.6%24.8%71.8%74.9%85.9%0.3%-13.7%-130.4K17.2M-106.4K1.3024.31N/AN/A1,2641,64638,08227,957