CWH Options History — February 2019

In February 2019, CWH traded between $12.89 and $15.32. ATM implied volatility averaged 66.6%, placing in the 46.1% IV rank vs the trailing year. The 30-day expected move averaged 19.2%. IV traded above realized volatility by 12.9% (HV 20d: 53.7%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 1.19.

Notable Days

  • 2019-02-28: Highest Volume — 12,176 contracts
  • 2019-02-19: Largest IV spike — 7.0% change
  • 2019-02-27: Highest IV Rank — 57.5%
  • 2019-02-27: Largest Expected Move — 21.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.45$12.89$15.32$14.11$12.89
Max Pain$15.37$15.00$16.00$16.00$15.00
ATM IV66.6%60.2%73.8%60.2%72.1%
Expected Move19.2%17.8%21.2%18.9%20.7%
HV 20d53.7%34.8%73.6%73.6%50.7%
HV 60d68.5%66.9%70.9%70.0%70.9%
IV Rank46.1%35.7%57.5%36.6%54.8%
IV Percentile72.4%48.8%86.9%50.4%84.1%
Term Structure-8.1%-13.4%-4.1%-7.7%-7.8%
VWIV66.9%62.4%74.5%64.8%74.5%
Skew 25d3.0%-2.4%7.4%3.7%7.4%
Skew 10d9.2%1.8%21.3%12.2%8.4%
Call IV 25d65.2%61.5%72.3%62.8%71.1%
Put IV 25d68.2%64.2%78.6%66.6%78.6%
Bid-Ask Spread %14.978.6947.4517.0047.45
Gamma HHI0.220.140.730.180.17
Net GEX77.0K-39.8K703.8K-1.3K25.5K
Net DEX4.5M364.3K9.8M6.3M9.8M
Net VEX-48.7K-52.4K-38.8K-52.4K-38.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.190.193.830.950.61
Total Volume1,811.15857312,1761,15112,176
Total OI37,26534,66839,32836,42437,874

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$14.11$16.0060.2%18.9%73.6%36.6%64.8%3.7%-7.7%-1.3K6.3M-52.4K0.9517.00N/AN/A58956219,40417,020
2019-02-04$14.38$16.0061.8%18.4%70.0%39.1%63.5%1.8%-6.4%11.7K5.3M-52.1K2.4815.67N/AN/A21052119,46017,093
2019-02-05$14.16$16.0060.2%17.8%68.2%35.7%62.4%2.3%-4.1%1.2K6.0M-51.1K0.6013.18N/AN/A84050019,62517,233
2019-02-06$14.02$16.0063.8%18.3%67.2%41.6%63.4%3.3%-6.6%4.4K6.3M-50.3K0.3312.02N/AN/A46615619,87817,276
2019-02-07$13.71$16.0064.6%18.5%67.2%42.8%64.5%4.7%-5.3%-17.2K7.5M-48.4K1.8415.23N/AN/A49691219,95117,388
2019-02-08$13.72$16.0064.3%18.4%59.2%42.3%64.0%5.1%-5.3%-31.3K7.5M-47.6K1.2515.55N/AN/A25531820,08817,716
2019-02-11$13.73$16.0065.4%18.7%59.2%44.1%65.3%2.3%-5.8%-39.8K7.6M-46.0K0.4710.80N/AN/A66331320,17117,785
2019-02-12$14.12$15.0065.7%18.8%59.6%44.6%65.3%4.7%-8.4%38.0K5.6M-47.6K3.0913.19N/AN/A19760920,75917,818
2019-02-13$15.03$15.0065.4%18.7%63.5%44.0%65.9%2.4%-7.7%113.9K1.9M-51.4K0.7515.46N/AN/A1,4101,05720,90618,032
2019-02-14$15.31$15.0064.4%18.5%62.1%42.5%66.0%1.5%-6.6%131.4K364.3K-51.7K0.689.70N/AN/A1,38594521,59117,735
2019-02-15$15.03$15.0064.6%18.5%62.3%42.9%65.3%3.2%-6.5%703.8K1.1M-50.6K0.7512.76N/AN/A1,09782021,70917,619
2019-02-19$15.32$15.0069.2%19.8%44.6%50.1%67.6%3.2%-9.8%68.6K1.6M-49.3K0.2913.20N/AN/A1,10432019,94914,719
2019-02-20$15.20$15.0067.6%19.4%36.5%47.6%66.9%1.5%-9.5%87.4K1.6M-49.0K1.458.69N/AN/A54879720,70014,773
2019-02-21$14.93$15.0067.8%19.4%34.9%47.9%67.0%2.0%-9.0%72.8K2.8M-49.7K3.8312.56N/AN/A24894920,79215,381
2019-02-22$14.88$15.0069.3%19.9%34.8%50.3%68.5%1.2%-9.0%70.6K3.2M-48.6K0.8313.25N/AN/A59449220,90015,508
2019-02-25$15.11$15.0072.9%20.9%35.1%56.0%71.5%4.6%-12.0%72.3K2.2M-48.1K0.1913.43N/AN/A5009721,01415,677
2019-02-26$14.70$15.0072.7%20.8%36.5%55.7%71.9%-2.4%-13.3%82.1K3.5M-47.4K0.5011.83N/AN/A52726621,42415,692
2019-02-27$14.28$15.0073.8%21.2%35.3%57.5%73.2%4.4%-13.4%68.2K5.2M-45.4K1.6513.42N/AN/A55691721,52115,854
2019-02-28$12.89$15.0072.1%20.7%50.7%54.8%74.5%7.4%-7.8%25.5K9.8M-38.8K0.6147.45N/AN/A7,5484,62821,74116,133