CWH Options History — April 2019

In April 2019, CWH traded between $13.57 and $15.18. ATM implied volatility averaged 56.8%, placing in the 19.3% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 10.9% (HV 20d: 45.9%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.36.

Notable Days

  • 2019-04-26: Highest Volume — 5,240 contracts
  • 2019-04-05: Largest IV drop — 11.3% change
  • 2019-04-23: Highest IV Rank — 33.3%
  • 2019-04-23: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.40$13.57$15.18$13.95$14.91
Max Pain$13.86$13.00$14.00$14.00$14.00
ATM IV56.8%46.1%64.2%52.9%64.0%
Expected Move16.9%15.7%18.4%16.5%18.3%
HV 20d45.9%39.1%51.8%49.1%51.8%
HV 60d52.1%45.5%58.8%58.8%50.7%
IV Rank19.3%0.0%33.3%11.0%32.9%
IV Percentile31.4%0.0%61.9%11.1%61.9%
Term Structure-3.6%-8.4%6.6%4.4%-8.3%
VWIV59.4%55.4%65.8%58.0%65.8%
Skew 25d5.0%2.3%10.9%2.6%4.1%
Skew 10d14.0%-5.2%33.7%7.8%28.5%
Call IV 25d56.2%51.9%61.6%51.9%61.2%
Put IV 25d61.2%54.5%69.2%54.5%65.3%
Bid-Ask Spread %15.6511.8520.3415.5313.31
Gamma HHI0.250.180.490.260.19
Net GEX73.8K-18.8K173.3K86.7K79.0K
Net DEX-2.9M-5.9M995.2K-3.8M-3.6M
Net VEX-53.4K-56.8K-48.1K-56.0K-56.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.252.851.540.66
Total Volume1,523.3334005,2407071,758
Total OI23,306.09518,67725,73924,95024,654

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$13.95$14.0052.9%16.5%49.1%11.0%58.0%2.6%4.4%86.7K-3.8M-56.0K1.5415.53N/AN/A27842913,23811,712
2019-04-02$13.60$14.0051.9%16.7%48.7%9.1%58.1%2.5%6.6%77.8K-2.3M-55.8K1.7818.57N/AN/A19735113,27812,024
2019-04-03$13.69$14.0050.8%16.2%47.6%7.0%56.8%2.7%-0.8%80.0K-2.5M-55.0K1.0417.01N/AN/A33434813,26912,084
2019-04-04$14.43$14.0052.0%16.3%50.5%9.4%57.8%3.8%-1.2%91.6K-5.4M-56.3K1.6114.73N/AN/A44171013,44612,118
2019-04-05$14.51$14.0046.1%15.7%49.7%0.0%56.2%2.9%-1.8%93.3K-5.9M-56.4K1.3913.70N/AN/A60684413,54412,195
2019-04-08$14.82$14.0048.5%16.4%47.1%4.4%57.1%6.3%-4.0%92.8K-4.1M-55.7K0.7019.12N/AN/A66947011,67812,327
2019-04-09$14.44$14.0052.9%16.5%48.3%12.5%56.4%3.5%-2.1%76.0K-2.5M-55.0K1.3214.25N/AN/A34946011,32412,212
2019-04-10$14.72$14.0056.0%16.1%47.8%18.2%55.4%3.7%-1.8%98.0K-3.7M-54.2K0.5616.58N/AN/A40922711,54912,063
2019-04-11$14.99$14.0057.4%16.5%45.2%20.7%57.0%4.9%-3.3%96.7K-4.8M-55.0K1.6816.90N/AN/A7341,23511,64112,080
2019-04-12$14.77$14.0056.9%16.3%42.8%19.9%56.9%3.3%-2.3%98.2K-3.9M-52.8K2.4912.94N/AN/A5771,43911,52011,810
2019-04-15$14.69$14.0057.9%16.6%43.0%21.7%58.7%2.3%-2.5%95.0K-3.2M-51.5K0.7911.87N/AN/A22317711,46312,084
2019-04-16$14.94$14.0059.7%17.1%40.9%24.9%58.4%6.1%-5.6%103.6K-3.9M-52.1K0.3220.34N/AN/A74524011,16512,157
2019-04-17$14.97$14.0057.0%16.3%40.7%20.0%56.8%3.1%-2.9%173.3K-3.9M-51.7K1.8613.49N/AN/A33361911,17912,223
2019-04-18$14.53$14.0055.9%16.0%39.1%17.9%57.9%8.3%-4.8%17.4K-1.2M-49.3K2.8518.51N/AN/A7422,11311,04112,234
2019-04-22$13.57$14.0059.7%17.1%43.3%25.1%59.8%7.9%-5.9%-8.8K743.9K-48.1K1.2517.77N/AN/A5607029,0379,640
2019-04-23$13.57$14.0064.2%18.4%42.3%33.3%65.0%5.7%-8.4%-18.8K995.2K-48.3K0.2515.03N/AN/A2,8187039,14710,185
2019-04-24$13.78$13.0062.6%18.0%42.6%30.4%65.3%10.9%-6.7%43.3K-996.9K-51.9K1.8813.00N/AN/A39374011,10710,355
2019-04-25$13.57$13.0061.6%17.7%40.4%28.4%61.6%8.3%-7.8%20.6K-5.2K-50.6K2.3014.51N/AN/A30670310,75310,588
2019-04-26$14.81$13.0062.0%17.8%51.4%29.1%63.5%4.5%-8.2%54.0K-3.2M-52.9K0.4319.60N/AN/A3,6691,57110,76810,752
2019-04-29$15.18$14.0062.5%17.9%51.2%30.1%65.7%7.5%-7.7%99.4K-4.8M-55.5K1.8311.85N/AN/A6251,14312,27911,505
2019-04-30$14.91$14.0064.0%18.3%51.8%32.9%65.8%4.1%-8.3%79.0K-3.6M-56.8K0.6613.31N/AN/A1,05770112,33312,321