CWH Options History — August 2019

In August 2019, CWH traded between $7.48 and $11.12. ATM implied volatility averaged 77.8%, placing in the 43.9% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded below realized volatility by 0.6% (HV 20d: 78.3%). Max pain ranged from $11.00 to $13.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 3.01.

Notable Days

  • 2019-08-05: Highest Volume — 8,230 contracts
  • 2019-08-08: Largest IV drop — 35.3% change
  • 2019-08-05: Highest IV Rank — 100.0%
  • 2019-08-02: Largest Expected Move — 24.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.76$7.48$11.12$11.12$7.66
Max Pain$12.09$11.00$13.00$11.00$12.00
ATM IV77.8%58.5%125.2%82.3%70.5%
Expected Move20.1%16.8%24.2%23.6%20.2%
HV 20d78.3%45.8%94.1%47.0%92.0%
HV 60d59.7%45.8%65.4%56.8%63.1%
IV Rank43.9%16.0%100.0%66.8%31.0%
IV Percentile78.8%38.9%100.0%92.9%77.0%
Term Structure-4.7%-17.3%0.8%-15.4%-2.5%
VWIV68.5%54.4%84.8%83.6%65.4%
Skew 25d8.7%-0.8%14.1%10.8%-0.8%
Skew 10d10.5%-18.1%37.9%37.9%-2.3%
Call IV 25d65.8%55.8%82.7%77.9%68.3%
Put IV 25d74.4%61.4%91.6%88.8%67.6%
Bid-Ask Spread %16.289.8364.1019.0513.56
Gamma HHI0.260.170.360.170.28
Net GEX-50.1K-124.1K33.9K18.8K-39.0K
Net DEX8.8M1.3M14.3M1.3M8.7M
Net VEX-38.3K-61.5K-25.9K-52.1K-31.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.010.1513.070.672.14
Total Volume2,331.52138,230720616
Total OI34,938.36427,27143,49727,27133,105

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$11.12$11.0082.3%23.6%47.0%66.8%83.6%10.8%-15.4%18.8K1.3M-52.1K0.6719.05N/AN/A43029014,08413,187
2019-08-02$10.94$11.0084.5%24.2%46.0%70.9%84.8%8.9%-17.3%14.1K1.9M-50.5K0.1513.64N/AN/A1,15317414,11013,266
2019-08-05$10.86$13.00107.1%22.2%46.0%100.0%77.6%10.0%-11.3%33.9K1.5M-50.2K13.0716.99N/AN/A5857,64515,04713,285
2019-08-06$10.84$13.00114.1%22.5%45.8%100.0%78.0%13.7%-12.8%-87.1K5.1M-59.4K4.0916.04N/AN/A6982,85215,12820,410
2019-08-07$10.54$13.00125.2%22.7%46.3%100.0%80.5%14.1%-11.5%-122.6K7.2M-61.5K0.2864.10N/AN/A3,50199215,47022,868
2019-08-08$8.72$13.0080.9%18.6%80.3%44.2%67.2%9.0%0.8%-117.3K14.2M-38.7K0.8813.69N/AN/A2,7022,38317,29423,415
2019-08-09$8.93$12.0070.1%18.2%79.4%30.6%63.0%11.0%0.6%-124.1K13.9M-40.6K1.1512.01N/AN/A9341,07318,45423,588
2019-08-12$8.45$12.0089.5%20.0%80.6%55.0%54.4%9.6%-4.0%-95.0K14.0M-36.2K1.8017.85N/AN/A33861018,92323,910
2019-08-13$8.39$12.0084.3%19.1%80.6%48.5%62.2%7.4%-4.6%-91.1K14.0M-34.8K0.489.83N/AN/A51224718,99323,853
2019-08-14$8.14$12.0067.1%19.2%80.5%26.8%66.1%7.3%-2.1%-73.9K14.3M-32.7K0.5915.87N/AN/A47127719,40823,983
2019-08-15$7.48$12.0069.7%20.0%83.3%30.1%63.9%8.1%-3.1%-42.8K14.3M-25.9K4.3711.82N/AN/A1,1555,04819,59323,904
2019-08-16$8.30$12.0062.6%18.0%93.2%21.2%58.9%8.1%-0.0%-52.8K11.7M-32.0K2.0315.42N/AN/A2,2014,46619,62620,995
2019-08-19$8.53$12.0058.5%16.8%94.1%16.0%59.3%4.5%-2.6%-35.0K7.2M-34.7K1.3311.22N/AN/A9931,32013,83715,907
2019-08-20$8.39$12.0063.3%18.1%93.8%22.0%67.9%10.1%-4.5%-32.2K7.7M-33.7K12.229.85N/AN/A3239113,86716,506
2019-08-21$8.39$12.0064.0%18.3%91.0%22.9%59.3%9.3%-5.2%-34.1K7.7M-34.0K0.5111.39N/AN/A1417213,88516,779
2019-08-22$8.24$12.0064.0%18.4%91.0%22.9%64.6%1.0%-0.2%-36.8K7.6M-33.9K4.4916.57N/AN/A14464613,87516,800
2019-08-23$7.91$12.0069.1%19.8%91.0%29.3%71.0%5.5%-0.6%-36.9K8.1M-32.7K0.7412.45N/AN/A1,14284613,97317,333
2019-08-26$7.98$12.0070.2%20.1%89.9%30.7%69.8%12.6%-1.4%-32.5K8.0M-33.4K0.7911.75N/AN/A13510714,33117,388
2019-08-27$7.51$12.0072.7%20.8%90.4%33.9%67.7%13.6%-2.3%-26.6K8.4M-30.0K3.1116.45N/AN/A5451,69614,41017,441
2019-08-28$7.55$12.0072.9%20.9%89.3%34.1%74.9%7.5%-3.1%-39.0K8.9M-30.8K9.4815.72N/AN/A7369214,48018,528
2019-08-29$7.95$12.0068.3%19.6%91.7%28.4%66.5%8.9%0.3%-50.8K8.7M-33.8K1.9012.86N/AN/A33363214,53418,871
2019-08-30$7.66$12.0070.5%20.2%92.0%31.0%65.4%-0.8%-2.5%-39.0K8.7M-31.4K2.1413.56N/AN/A19642014,56118,544