CWH Options History — June 2020

In June 2020, CWH traded between $21.19 and $28.27. ATM implied volatility averaged 99.3%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 28.1%. IV traded below realized volatility by 0.7% (HV 20d: 100.0%). Max pain ranged from $17.00 to $24.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.95.

Notable Days

  • 2020-06-17: Highest Volume — 18,504 contracts
  • 2020-06-11: Largest IV spike — 11.5% change
  • 2020-06-11: Highest IV Rank — 32.8%
  • 2020-06-11: Largest Expected Move — 31.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.89$21.19$28.27$23.35$27.35
Max Pain$21.09$17.00$24.00$17.00$24.00
ATM IV99.3%91.2%108.9%99.3%91.2%
Expected Move28.1%25.9%31.2%28.5%26.1%
HV 20d100.0%86.7%116.6%110.7%86.7%
HV 60d140.5%106.9%176.0%176.0%106.9%
IV Rank27.8%23.6%32.8%27.8%23.6%
IV Percentile73.6%62.7%80.2%77.4%62.7%
Term Structure2.7%-5.1%9.4%-4.1%9.3%
VWIV99.6%90.9%108.9%100.8%90.9%
Skew 25d16.5%12.8%19.4%15.5%16.2%
Skew 10d38.4%31.6%47.2%46.0%36.4%
Call IV 25d91.6%83.2%100.8%94.6%83.2%
Put IV 25d108.0%98.1%120.1%110.1%99.4%
Bid-Ask Spread %24.4012.0835.0316.8018.11
Gamma HHI0.110.060.380.070.14
Net GEX273.7K-112.1K675.8K288.8K-65.8K
Net DEX-59.6M-84.4M-37.4M-64.2M-48.8M
Net VEX-253.7K-292.3K-228.1K-243.2K-284.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.224.970.370.46
Total Volume5,639.5911,05218,5046,2121,052
Total OI92,443.95572,985106,94193,76982,515

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$23.35$17.0099.3%28.5%110.7%27.8%100.8%15.5%-4.1%288.8K-64.2M-243.2K0.3716.80N/AN/A4,5411,67147,83645,933
2020-06-02$22.81$17.0098.2%28.2%113.9%27.3%100.8%18.6%-4.8%281.6K-58.6M-239.6K0.5421.29N/AN/A2,3121,23947,36646,031
2020-06-03$23.14$18.0098.0%28.1%114.3%27.2%97.6%17.0%-5.1%312.7K-62.0M-236.5K0.7117.31N/AN/A3,1032,19447,80446,700
2020-06-04$23.21$20.0093.6%25.9%112.3%24.9%94.8%12.8%7.4%317.8K-61.7M-235.3K1.4317.80N/AN/A2,4953,56947,63746,384
2020-06-05$22.03$20.0096.6%26.4%116.6%26.4%94.0%17.2%4.2%238.0K-52.2M-230.8K0.8217.45N/AN/A3,1552,58347,93846,684
2020-06-08$24.75$20.00101.2%26.7%91.0%28.8%94.1%13.7%1.8%415.9K-74.6M-235.7K0.5827.63N/AN/A5,8443,36648,86147,825
2020-06-09$24.69$21.00108.6%27.7%90.9%32.7%97.7%17.3%0.9%441.6K-74.8M-242.4K0.3032.14N/AN/A5,6451,68450,14948,270
2020-06-10$24.04$20.0097.6%28.0%92.7%27.0%97.6%15.4%0.4%569.0K-71.9M-241.2K0.2729.06N/AN/A3,7641,01752,41848,397
2020-06-11$21.19$20.00108.9%31.2%104.6%32.8%108.9%19.4%-3.0%233.2K-46.0M-231.5K0.4032.65N/AN/A4,8931,97351,35348,720
2020-06-12$23.05$20.00104.2%29.9%107.0%30.4%105.8%18.2%1.0%394.1K-56.8M-238.3K0.5328.18N/AN/A2,6001,37749,39249,286
2020-06-15$24.97$21.00106.3%30.5%106.5%31.5%108.8%16.4%-2.4%528.6K-70.1M-232.5K0.2727.77N/AN/A5,0091,36547,59749,661
2020-06-16$24.78$21.00104.0%29.8%100.7%30.3%105.9%18.3%-1.7%573.2K-70.0M-233.4K0.2735.03N/AN/A2,35462548,37250,140
2020-06-17$25.36$21.00103.4%29.7%100.8%30.0%104.6%17.3%0.2%645.9K-74.4M-228.1K4.9729.10N/AN/A3,10215,40248,56050,400
2020-06-18$26.14$21.0098.3%28.2%99.5%27.3%99.2%16.6%7.3%675.8K-74.5M-262.7K0.5112.08N/AN/A2,0731,06649,28357,458
2020-06-19$27.24$21.0096.5%27.7%98.1%26.4%100.6%15.2%7.2%670.2K-84.4M-260.9K0.6421.32N/AN/A4,0092,58549,10357,838
2020-06-22$28.27$22.0098.4%28.2%97.0%27.4%101.8%15.6%5.0%24.6K-59.1M-265.1K3.6830.31N/AN/A2,0777,65235,44037,545
2020-06-23$27.48$24.0094.5%27.1%91.8%25.3%96.0%15.6%9.4%-105.7K-47.6M-287.7K1.4212.20N/AN/A2,6713,79735,76642,874
2020-06-24$25.82$24.0097.4%27.9%93.1%26.8%99.5%15.0%6.7%-103.8K-38.8M-284.9K1.2023.21N/AN/A2,2962,75536,50143,361
2020-06-25$25.78$24.0095.7%27.4%92.8%25.9%96.9%17.3%7.8%-111.9K-39.0M-292.3K0.6532.90N/AN/A79851637,28844,970
2020-06-26$25.57$24.0096.6%27.7%93.0%26.4%98.6%17.0%7.5%-112.1K-37.4M-285.9K0.7431.11N/AN/A68350537,23544,758
2020-06-29$26.61$24.0096.7%27.7%87.1%26.5%96.9%16.6%4.3%-90.0K-44.1M-289.0K0.2223.36N/AN/A2,17048437,42344,695
2020-06-30$27.35$24.0091.2%26.1%86.7%23.6%90.9%16.2%9.3%-65.8K-48.8M-284.5K0.4618.11N/AN/A72133137,74144,774