CWH Options History — July 2019

In July 2019, CWH traded between $10.53 and $12.19. ATM implied volatility averaged 61.8%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 21.5% (HV 20d: 40.2%). Max pain ranged from $11.00 to $12.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2019-07-18: Highest Volume — 4,464 contracts
  • 2019-07-10: Largest IV spike — 22.7% change
  • 2019-07-30: Highest IV Rank — 54.3%
  • 2019-07-30: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.48$10.53$12.19$12.18$11.82
Max Pain$11.59$11.00$12.00$12.00$11.00
ATM IV61.8%45.8%75.5%48.4%75.1%
Expected Move18.2%13.1%21.6%13.9%21.5%
HV 20d40.2%35.3%48.4%48.4%41.9%
HV 60d56.9%54.4%57.9%57.5%55.9%
IV Rank29.2%0.0%54.3%4.2%53.6%
IV Percentile51.6%0.0%86.9%0.4%86.1%
Term Structure-4.5%-14.8%14.1%12.5%-13.1%
VWIV62.8%45.1%76.3%48.2%76.3%
Skew 25d7.3%2.0%10.1%9.5%6.3%
Skew 10d22.7%-2.4%47.3%15.3%28.6%
Call IV 25d59.7%42.4%71.3%42.4%71.3%
Put IV 25d67.0%48.8%79.4%51.9%77.6%
Bid-Ask Spread %14.5610.7318.3813.6718.29
Gamma HHI0.190.150.330.150.16
Net GEX13.3K-52.2K62.0K47.7K18.5K
Net DEX1.5M-456.2K4.3M-282.4K-456.2K
Net VEX-49.7K-54.9K-43.4K-52.5K-54.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.102.680.380.66
Total Volume1,084.9551104,464474718
Total OI23,884.81822,04426,96622,04426,966

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$12.18$12.0048.4%13.9%48.4%4.2%48.2%9.5%12.5%47.7K-282.4K-52.5K0.3813.67N/AN/A34313111,17210,872
2019-07-02$11.82$12.0045.8%13.1%35.4%0.0%45.1%5.0%14.1%42.5K544.2K-51.0K0.7911.52N/AN/A13410611,46010,956
2019-07-03$11.89$12.0046.0%13.2%35.3%0.3%45.7%2.6%11.5%47.3K376.8K-51.2K1.7213.17N/AN/A12822011,46610,963
2019-07-05$12.19$12.0046.8%17.7%36.2%1.8%61.5%9.2%-4.2%61.7K-406.6K-52.1K0.8314.68N/AN/A25321111,49111,072
2019-07-08$12.11$12.0047.6%17.6%36.1%3.3%58.6%7.6%-3.4%61.8K-163.9K-50.8K0.3915.51N/AN/A1666511,52111,096
2019-07-09$11.90$12.0050.4%17.7%36.6%8.4%61.1%8.9%-3.2%51.9K442.9K-49.9K0.1016.35N/AN/A7187511,61411,109
2019-07-10$11.69$12.0061.9%17.7%35.9%29.4%61.7%8.1%-5.6%30.7K1.1M-48.7K0.3412.71N/AN/A72725011,61911,169
2019-07-11$11.52$12.0059.8%17.2%36.0%25.6%59.4%6.9%-2.8%22.8K1.5M-48.9K0.2414.94N/AN/A89021812,04811,250
2019-07-12$11.93$12.0061.8%17.7%38.4%29.3%61.7%6.4%-4.7%61.8K-54.0K-50.6K0.2618.38N/AN/A1,00326512,37111,285
2019-07-15$11.89$12.0064.7%18.6%38.1%34.6%64.0%7.6%-8.0%62.0K84.4K-49.5K0.5711.99N/AN/A704012,47711,334
2019-07-16$11.61$12.0063.8%18.3%38.8%32.9%64.6%6.9%-6.5%47.3K956.9K-48.1K1.7413.90N/AN/A12922512,49911,349
2019-07-17$11.20$12.0065.7%18.8%39.9%36.3%64.0%5.1%-6.5%11.3K2.3M-46.2K0.4817.52N/AN/A49724012,56011,443
2019-07-18$10.66$12.0065.0%18.6%42.8%35.0%64.5%7.2%-5.4%-11.1K3.7M-43.4K2.6817.57N/AN/A1,2133,25112,74211,567
2019-07-19$10.86$11.0065.1%18.7%43.3%35.3%63.3%7.1%-5.3%-52.2K4.3M-47.7K0.4812.28N/AN/A1,50571513,18513,145
2019-07-22$10.53$11.0067.0%19.2%44.1%38.7%65.3%2.0%-6.9%-45.7K4.1M-45.7K0.8016.17N/AN/A55444310,74412,191
2019-07-23$10.61$11.0067.8%19.5%42.5%40.3%66.2%10.1%-10.2%-39.6K3.7M-47.4K1.0213.81N/AN/A43243911,16812,396
2019-07-24$11.16$11.0067.3%19.3%46.2%39.3%66.9%9.6%-7.4%-33.2K2.5M-50.2K1.2614.16N/AN/A9971,25611,38712,358
2019-07-25$10.93$11.0068.6%19.7%43.9%41.7%67.1%10.0%-7.9%-27.5K3.0M-49.3K2.1713.30N/AN/A39084712,10812,929
2019-07-26$11.06$11.0071.1%20.4%40.9%46.3%69.5%8.3%-11.7%-27.9K2.6M-50.5K2.2310.73N/AN/A36882012,14513,103
2019-07-29$11.39$11.0073.7%21.1%42.2%50.9%71.9%7.9%-9.8%-21.4K1.5M-52.2K0.2614.72N/AN/A64016812,20813,153
2019-07-30$11.52$11.0075.5%21.6%42.0%54.3%75.7%8.7%-14.8%-16.4K1.3M-52.5K0.1314.95N/AN/A1,77823112,55613,219
2019-07-31$11.82$11.0075.1%21.5%41.9%53.6%76.3%6.3%-13.1%18.5K-456.2K-54.9K0.6618.29N/AN/A43228613,76213,204