CWH Options History — November 2018

In November 2018, CWH traded between $16.96 and $19.13. ATM implied volatility averaged 69.7%, placing in the 58.2% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded below realized volatility by 1.8% (HV 20d: 71.5%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.38.

Notable Days

  • 2018-11-07: Highest Volume — 6,149 contracts
  • 2018-11-07: Largest IV drop — 31.8% change
  • 2018-11-06: Highest IV Rank — 86.9%
  • 2018-11-02: Largest Expected Move — 25.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.02$16.96$19.13$18.78$18.75
Max Pain$20.33$20.00$22.00$22.00$20.00
ATM IV69.7%60.1%96.7%86.3%60.2%
Expected Move18.7%16.8%25.5%24.7%17.3%
HV 20d71.5%46.3%80.1%79.1%46.3%
HV 60d63.0%61.1%67.1%67.1%61.1%
IV Rank58.2%46.3%86.9%74.5%46.5%
IV Percentile80.0%64.3%99.2%95.6%64.3%
Term Structure-5.2%-19.6%-0.5%-16.2%-1.4%
VWIV63.8%57.1%87.6%82.9%61.5%
Skew 25d2.4%-1.0%5.3%3.8%1.4%
Skew 10d3.9%-2.3%9.3%5.0%6.2%
Call IV 25d63.4%58.0%85.2%83.0%61.3%
Put IV 25d65.7%58.0%90.5%86.8%62.7%
Bid-Ask Spread %19.6912.4327.3917.4015.77
Gamma HHI0.160.100.300.110.14
Net GEX-162.1K-546.1K2.8K-9.6K-50.1K
Net DEX13.8M6.0M21.8M9.8M7.5M
Net VEX-94.7K-122.5K-81.9K-121.3K-83.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.652.281.091.06
Total Volume3,562.6672,2106,1492,9552,926
Total OI64,080.42957,77970,70266,35158,083

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$18.78$22.0086.3%24.7%79.1%74.5%82.9%3.8%-16.2%-9.6K9.8M-121.3K1.0917.40N/AN/A1,4151,54038,27528,076
2018-11-02$19.13$22.0088.9%25.5%79.5%77.7%87.6%5.3%-19.6%2.8K8.3M-122.5K2.2820.49N/AN/A1,1442,60738,26728,107
2018-11-05$18.94$21.0094.1%20.3%73.4%83.9%70.1%1.4%-8.0%-7.0K9.1M-121.7K2.2623.45N/AN/A1,1162,52138,32128,992
2018-11-06$18.92$21.0096.7%20.2%73.2%86.9%63.9%3.0%-7.6%-23.7K9.9M-119.7K2.1220.18N/AN/A1,2582,66638,30729,218
2018-11-07$17.86$21.0065.9%17.0%74.1%54.9%59.1%3.2%-0.5%-204.1K17.6M-96.7K1.1621.30N/AN/A2,8503,29938,64529,348
2018-11-08$18.40$20.0063.6%16.8%75.4%51.9%57.1%-1.0%-1.5%-121.9K14.2M-102.1K1.8322.68N/AN/A1,5922,91138,71929,783
2018-11-09$17.04$20.0062.4%17.7%79.1%50.3%62.2%1.5%-3.6%-285.0K20.8M-91.8K1.8023.77N/AN/A1,4912,68938,62430,047
2018-11-12$17.56$20.0077.9%17.7%80.1%70.6%61.4%2.8%-1.0%-244.5K18.9M-91.6K1.7115.80N/AN/A1,6332,80038,70830,119
2018-11-13$17.83$20.0079.7%17.5%78.5%72.9%59.7%2.7%-1.5%-239.2K17.9M-92.2K1.6118.96N/AN/A1,5582,50638,77130,241
2018-11-14$17.34$20.0061.7%17.7%78.7%49.3%59.9%2.1%-2.3%-332.3K20.1M-89.3K1.3719.14N/AN/A2,3543,21738,75830,382
2018-11-15$17.22$20.0061.0%17.5%76.4%48.5%60.9%0.4%-1.7%-341.2K21.5M-88.2K1.0617.64N/AN/A1,5951,68539,56431,138
2018-11-16$16.96$20.0062.1%17.8%75.6%50.0%59.4%-0.3%-1.3%-546.1K21.8M-84.5K1.8822.20N/AN/A1,4052,64039,71130,699
2018-11-19$17.01$20.0061.3%17.6%75.7%48.9%60.2%2.8%-3.6%-210.2K15.9M-81.9K0.8515.85N/AN/A1,5001,28234,09624,141
2018-11-20$16.99$20.0062.8%18.0%75.7%50.9%62.0%2.1%-4.3%-206.6K15.9M-82.2K1.5218.54N/AN/A9511,44134,42424,166
2018-11-21$17.47$20.0061.5%17.6%76.8%49.0%60.8%0.9%-3.0%-184.6K13.9M-85.3K1.0416.04N/AN/A1,3761,43134,54624,239
2018-11-23$17.72$20.0064.2%18.4%67.7%52.5%63.7%1.7%-8.3%-128.2K12.1M-87.8K1.1622.67N/AN/A1,0251,18534,66523,999
2018-11-26$18.06$20.0066.9%19.2%62.5%56.1%63.8%2.7%-10.9%-130.6K11.2M-85.3K0.6625.30N/AN/A1,6381,08834,71523,981
2018-11-27$18.28$20.0065.3%18.7%60.6%53.9%63.0%4.9%-6.6%-115.2K10.3M-84.8K0.8227.39N/AN/A1,3141,08333,79723,982
2018-11-28$19.04$20.0060.1%17.2%57.2%46.3%59.9%3.2%-2.8%-25.0K6.1M-88.7K0.6512.43N/AN/A2,0131,30833,92124,021
2018-11-29$19.07$20.0060.9%17.5%55.2%47.5%60.5%5.0%-3.1%-1.2K6.0M-87.9K0.9716.58N/AN/A1,4021,36134,27423,819
2018-11-30$18.75$20.0060.2%17.3%46.3%46.5%61.5%1.4%-1.4%-50.1K7.5M-83.4K1.0615.77N/AN/A1,4231,50334,39223,691