CWH Options History — October 2020

In October 2020, CWH traded between $26.39 and $32.48. ATM implied volatility averaged 92.9%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 26.8%. IV traded above realized volatility by 35.3% (HV 20d: 57.6%). Max pain ranged from $27.00 to $31.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2020-10-21: Highest Volume — 22,149 contracts
  • 2020-10-05: Largest IV spike — 6.8% change
  • 2020-10-28: Highest IV Rank — 25.5%
  • 2020-10-30: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.15$26.39$32.48$30.88$26.39
Max Pain$27.73$27.00$31.00$31.00$27.00
ATM IV92.9%83.5%99.1%84.5%97.2%
Expected Move26.8%22.9%31.1%23.2%31.1%
HV 20d57.6%47.3%72.6%72.6%54.8%
HV 60d85.7%66.3%93.0%93.0%66.3%
IV Rank22.2%17.2%25.5%17.7%24.5%
IV Percentile52.7%42.5%65.5%43.7%60.3%
Term Structure-0.4%-4.8%15.1%15.1%-3.4%
VWIV93.8%81.9%106.5%82.6%106.5%
Skew 25d4.0%-1.8%10.0%0.8%6.9%
Skew 10d9.6%-8.7%34.2%6.6%1.0%
Call IV 25d91.9%80.0%98.9%81.8%94.0%
Put IV 25d95.9%82.5%104.3%82.5%100.9%
Bid-Ask Spread %13.927.8622.3616.4822.36
Gamma HHI0.110.060.390.090.08
Net GEX420.9K-134.2K2.0M260.0K430.1K
Net DEX-60.9M-82.7M-35.6M-61.0M-35.6M
Net VEX-324.5K-369.1K-287.9K-368.0K-300.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.261.560.560.57
Total Volume6,749.1362,27922,1497,17015,628
Total OI106,283.18286,986118,047109,185106,484

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$30.88$31.0084.5%23.2%72.6%17.7%82.6%0.8%15.1%260.0K-61.0M-368.0K0.5616.48N/AN/A4,6082,56256,62152,564
2020-10-02$31.47$31.0083.5%22.9%71.8%17.2%81.9%2.5%12.1%301.7K-67.3M-369.1K0.3420.31N/AN/A1,70457556,78953,736
2020-10-05$32.48$27.0089.2%26.1%72.5%20.3%92.2%-1.8%0.9%401.6K-79.1M-359.6K0.8511.55N/AN/A2,5242,15056,76053,932
2020-10-06$31.81$27.0092.3%26.6%64.1%21.9%92.4%3.8%1.1%275.1K-71.6M-352.9K0.3612.52N/AN/A3,3791,22557,31154,602
2020-10-07$32.41$28.0092.4%26.6%61.9%22.0%92.0%-1.2%1.8%374.6K-78.6M-347.3K0.7512.02N/AN/A1,4601,10257,27955,057
2020-10-08$31.21$28.0091.6%26.2%63.0%21.6%92.5%10.0%-1.8%30.2K-60.9M-338.2K1.5611.03N/AN/A3,5705,56957,33655,235
2020-10-09$31.14$29.0092.6%26.0%62.3%22.1%91.3%4.0%0.7%-53.4K-61.1M-344.4K1.0412.64N/AN/A1,9952,06958,37353,395
2020-10-12$30.65$29.0095.0%26.6%59.3%23.4%93.0%3.2%-1.5%-115.5K-53.6M-321.7K0.5913.61N/AN/A2,4021,42758,35852,717
2020-10-13$32.16$29.0094.2%26.6%56.0%22.9%96.1%3.7%-0.5%136.2K-76.1M-323.6K0.3311.56N/AN/A5,0311,67558,70653,311
2020-10-14$31.05$27.0096.7%26.6%47.5%24.3%94.6%3.5%-3.1%-134.2K-62.1M-315.7K0.8912.41N/AN/A2,0271,79660,54354,332
2020-10-15$32.31$27.0094.5%26.7%49.0%23.1%93.4%4.4%-1.4%27.4K-82.7M-320.8K1.1212.57N/AN/A2,9333,28761,38555,612
2020-10-16$32.07$27.0092.7%25.8%47.7%22.1%91.3%3.8%-3.5%2.0M-77.2M-311.1K0.3011.53N/AN/A4,8341,43362,58155,466
2020-10-19$31.40$27.0092.3%26.1%47.3%21.9%91.6%5.1%-1.9%692.8K-70.3M-302.3K0.457.86N/AN/A3,5961,60547,31439,672
2020-10-20$31.29$27.0091.8%26.2%47.3%21.6%90.6%4.7%-4.8%727.4K-70.0M-304.5K0.7810.46N/AN/A1,8841,47348,58240,653
2020-10-21$28.21$27.0093.0%26.7%56.6%22.3%92.0%5.0%-2.5%304.7K-42.8M-287.9K0.2614.94N/AN/A17,6444,50549,13441,350
2020-10-22$28.14$27.0093.7%27.1%54.8%22.6%93.1%4.9%-4.6%556.0K-49.6M-313.2K0.3613.08N/AN/A4,5491,62156,59844,069
2020-10-23$28.19$27.0092.7%27.0%54.8%22.1%93.6%3.8%-4.2%791.4K-50.3M-315.3K0.5012.74N/AN/A11,2595,60257,39445,149
2020-10-26$27.18$27.0093.4%27.8%56.3%22.5%95.2%3.9%-2.7%493.1K-42.8M-305.2K0.3019.67N/AN/A3,4731,05256,97143,128
2020-10-27$27.85$27.0094.4%28.6%56.7%23.0%98.9%4.6%-2.9%579.8K-51.2M-313.1K0.2712.07N/AN/A4,8051,27958,29343,713
2020-10-28$28.14$27.0099.1%30.2%55.8%25.5%105.3%5.4%-1.3%719.5K-55.2M-317.6K0.3316.23N/AN/A2,19671959,41444,214
2020-10-29$26.93$27.0096.6%30.0%55.5%24.2%103.5%6.7%-1.0%439.5K-41.5M-305.7K0.5018.58N/AN/A2,8351,41959,52444,573
2020-10-30$26.39$27.0097.2%31.1%54.8%24.5%106.5%6.9%-3.4%430.1K-35.6M-300.8K0.5722.36N/AN/A9,9725,65661,16545,319