CWH Options History — June 2019

In June 2019, CWH traded between $10.94 and $12.47. ATM implied volatility averaged 51.9%, placing in the 10.6% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded below realized volatility by 3.1% (HV 20d: 55.0%). Max pain ranged from $11.00 to $13.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.83.

Notable Days

  • 2019-06-28: Highest Volume — 2,195 contracts
  • 2019-06-24: Largest IV spike — 8.5% change
  • 2019-06-03: Highest IV Rank — 18.0%
  • 2019-06-03: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.04$10.94$12.47$10.94$12.45
Max Pain$11.60$11.00$13.00$13.00$12.00
ATM IV51.9%48.6%55.9%55.9%50.1%
Expected Move14.8%13.9%16.0%16.0%14.4%
HV 20d55.0%45.1%80.7%70.8%49.1%
HV 60d58.7%56.7%61.6%58.1%58.5%
IV Rank10.6%4.5%18.0%18.0%7.4%
IV Percentile8.6%0.8%26.6%26.6%2.8%
Term Structure6.1%-2.7%13.0%-0.3%11.7%
VWIV50.6%46.0%58.6%54.4%49.2%
Skew 25d5.8%2.4%8.5%3.1%5.2%
Skew 10d20.2%0.1%41.2%4.9%6.9%
Call IV 25d48.3%45.4%54.2%54.2%46.2%
Put IV 25d54.1%51.3%58.6%57.4%51.4%
Bid-Ask Spread %14.647.5019.758.5715.24
Gamma HHI0.180.130.640.210.13
Net GEX-36.1K-243.6K27.3K-59.3K27.3K
Net DEX2.0M-631.0K5.2M5.2M-631.0K
Net VEX-52.2K-54.2K-47.7K-47.7K-53.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.121.890.190.40
Total Volume1,202.86122,1957432,195
Total OI27,035.619,96630,73528,06521,168

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$10.94$13.0055.9%16.0%70.8%18.0%54.4%3.1%-0.3%-59.3K5.2M-47.7K0.198.57N/AN/A62411913,77514,290
2019-06-04$12.07$13.0054.1%15.5%80.7%14.7%58.6%8.5%-2.7%-22.3K2.2M-53.4K0.417.80N/AN/A1,41658013,99814,285
2019-06-05$11.97$13.0054.4%15.6%80.2%15.2%54.7%7.1%-2.3%-31.2K2.8M-54.2K1.667.50N/AN/A7051,16714,06014,411
2019-06-06$12.11$11.0053.8%15.1%80.4%14.1%54.9%5.0%3.7%-32.2K2.6M-54.1K0.4419.75N/AN/A98243014,07514,674
2019-06-07$11.98$11.0051.6%14.6%56.5%10.0%55.9%8.2%6.5%-38.8K2.8M-54.1K0.7414.81N/AN/A61545714,33214,758
2019-06-10$12.01$11.0055.4%14.7%54.9%17.0%50.9%6.7%7.1%-34.2K2.6M-53.5K0.8014.52N/AN/A37630214,34914,831
2019-06-11$12.31$11.0052.5%14.7%54.8%11.8%50.2%5.8%5.8%-27.2K1.8M-53.8K0.5012.08N/AN/A83141214,30014,856
2019-06-12$12.18$11.0051.4%14.7%48.3%9.7%47.4%6.3%6.5%-46.0K2.3M-52.9K0.9017.39N/AN/A47042114,40414,923
2019-06-13$12.20$11.0052.5%15.0%48.3%11.7%51.1%6.2%4.0%-46.7K2.1M-54.0K0.8415.35N/AN/A53645114,12214,915
2019-06-14$12.36$11.0051.7%14.8%48.5%10.3%49.2%5.8%5.6%-33.0K1.7M-53.3K0.7716.80N/AN/A52440514,12014,864
2019-06-17$12.28$11.0050.9%14.6%47.3%8.9%48.8%3.5%6.4%-37.7K1.8M-52.0K0.6415.98N/AN/A58137214,15214,818
2019-06-18$12.47$11.0050.8%14.6%47.4%8.6%49.0%3.0%7.5%-11.1K1.0M-53.2K0.9618.36N/AN/A61158714,64214,941
2019-06-19$12.46$11.0050.3%14.4%47.4%7.7%46.0%3.1%6.1%-18.2K1.4M-52.8K1.1213.99N/AN/A45450814,61915,089
2019-06-20$12.16$11.0049.6%14.2%45.5%6.4%48.9%8.4%7.8%-47.0K2.4M-50.9K1.8918.56N/AN/A6461,22414,84015,123
2019-06-21$11.97$12.0049.1%14.1%45.1%5.5%48.9%7.4%7.3%-243.6K3.4M-51.6K1.2518.41N/AN/A70287415,17015,565
2019-06-24$11.50$12.0053.3%15.3%47.4%13.2%48.8%8.5%7.6%-20.6K1.7M-48.9K0.1218.31N/AN/A1,0701279,52910,437
2019-06-25$11.28$12.0052.6%15.1%48.0%12.0%50.6%2.4%8.1%-11.8K1.9M-48.3K1.2513.72N/AN/A2723409,99210,502
2019-06-26$11.76$12.0048.6%13.9%48.4%4.5%47.8%6.5%13.0%-3.3K1.2M-50.2K0.8315.89N/AN/A39332710,06110,757
2019-06-27$12.27$12.0048.8%14.0%50.1%4.8%47.0%6.2%12.6%14.7K-6.3K-52.3K0.929.70N/AN/A49545510,19210,773
2019-06-28$12.45$12.0050.1%14.4%49.1%7.4%49.2%5.2%11.7%27.3K-631.0K-53.3K0.4015.24N/AN/A1,56662910,40510,763