CWH Options History — November 2021

In November 2021, CWH traded between $38.19 and $45.84. ATM implied volatility averaged 50.0%, placing in the 5.7% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 3.2% (HV 20d: 46.8%). Max pain ranged from $36.00 to $40.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.14.

Notable Days

  • 2021-11-03: Highest Volume — 41,931 contracts
  • 2021-11-03: Largest IV drop — 16.9% change
  • 2021-11-02: Highest IV Rank — 20.9%
  • 2021-11-02: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.70$38.19$45.84$38.19$44.61
Max Pain$37.81$36.00$40.00$38.00$40.00
ATM IV50.0%46.0%61.0%56.0%54.3%
Expected Move14.9%13.2%20.9%18.1%16.3%
HV 20d46.8%29.5%50.4%30.0%50.3%
HV 60d39.9%35.5%42.1%37.0%40.4%
IV Rank5.7%0.2%20.9%14.0%11.7%
IV Percentile13.7%1.2%43.3%34.5%33.7%
Term Structure0.1%-2.3%1.7%-1.6%1.5%
VWIV52.8%46.0%74.5%63.1%58.2%
Skew 25d0.9%-3.5%4.1%4.1%2.3%
Skew 10d0.4%-15.9%7.3%7.3%2.2%
Call IV 25d50.1%45.1%64.7%53.7%54.2%
Put IV 25d51.0%46.4%61.2%57.8%56.4%
Bid-Ask Spread %22.2812.6932.8712.9620.64
Gamma HHI0.100.060.250.080.06
Net GEX999.1K-1.6M2.8M200.3K766.5K
Net DEX-73.7M-113.0M-24.1M-24.1M-72.3M
Net VEX-357.6K-388.3K-330.6K-330.6K-352.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.342.662.661.57
Total Volume11,418.9525,39841,93119,24110,482
Total OI93,097.33381,167108,35181,16789,694

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$38.19$38.0056.0%18.1%30.0%14.0%63.1%4.1%-1.6%200.3K-24.1M-330.6K2.6612.96N/AN/A5,26313,97840,09841,069
2021-11-02$38.84$38.0061.0%20.9%29.5%20.9%74.5%-3.5%-2.3%3.3K-31.7M-349.6K0.3428.62N/AN/A18,9346,36641,10944,269
2021-11-03$43.18$38.0050.6%15.6%48.0%6.7%56.2%0.1%-1.0%2.5M-113.0M-351.1K0.9029.99N/AN/A22,09219,83949,62547,133
2021-11-04$42.43$36.0048.4%14.4%48.5%3.6%50.7%-0.7%-0.8%828.9K-88.2M-360.8K0.4419.20N/AN/A6,7172,92650,00556,910
2021-11-05$41.24$36.0047.8%14.2%49.7%2.8%49.7%1.8%0.1%340.8K-61.4M-378.1K1.6826.90N/AN/A6,13310,27751,25557,096
2021-11-08$41.67$37.0048.6%14.4%49.7%3.9%51.2%0.7%1.4%428.7K-59.4M-370.0K2.1921.27N/AN/A4,2769,34445,23642,300
2021-11-09$42.10$37.0048.5%14.3%49.6%3.7%50.9%1.9%1.7%330.8K-68.1M-388.3K1.3927.82N/AN/A3,1564,37646,92849,619
2021-11-10$41.42$37.0048.4%14.3%49.6%3.5%50.2%0.9%1.6%-132.7K-54.2M-385.3K0.9514.80N/AN/A3,6063,43047,60251,487
2021-11-11$42.19$37.0046.8%13.9%48.6%1.3%49.5%1.7%1.7%274.5K-69.0M-368.4K1.0112.69N/AN/A2,6852,71347,93051,133
2021-11-12$41.67$37.0046.2%13.6%47.4%0.5%48.0%1.3%1.6%-1.6M-60.0M-360.9K0.8914.29N/AN/A3,2772,92048,35351,440
2021-11-15$42.29$37.0046.7%13.5%46.9%1.3%47.8%1.5%-0.4%1.4M-72.6M-342.1K0.5023.43N/AN/A5,4692,74845,50245,393
2021-11-16$43.52$37.0046.0%13.2%47.6%0.2%46.7%1.2%0.2%2.2M-93.7M-344.8K0.8217.80N/AN/A4,0163,28747,34345,862
2021-11-17$43.08$37.0046.5%13.3%47.8%0.9%46.0%1.4%-0.4%2.2M-87.7M-359.2K1.3030.72N/AN/A2,4253,16048,71546,821
2021-11-18$43.78$38.0046.6%13.3%46.6%1.1%46.9%0.5%0.8%2.8M-100.1M-343.5K0.9532.87N/AN/A3,2323,08148,83346,760
2021-11-19$42.55$38.0047.0%13.5%48.1%1.6%47.3%0.9%-0.4%1.8M-79.1M-351.3K1.0920.37N/AN/A3,3153,61348,98946,924
2021-11-22$44.19$38.0049.4%14.6%49.3%5.0%51.2%0.6%-0.6%1.3M-76.4M-346.6K1.0423.74N/AN/A4,0294,20339,66042,432
2021-11-23$43.54$39.0049.8%14.8%47.7%5.4%52.4%-0.1%-0.1%1.4M-69.6M-349.0K1.4219.14N/AN/A2,7363,87641,35743,367
2021-11-24$45.63$39.0051.5%15.2%49.0%7.8%53.6%0.7%-0.5%2.0M-95.5M-352.2K0.8517.84N/AN/A7,6316,50041,88044,248
2021-11-26$45.84$40.0056.5%16.7%48.9%14.7%59.5%0.9%-0.1%1.1M-97.3M-369.9K0.8531.95N/AN/A3,5753,03544,15647,907
2021-11-29$44.77$40.0053.0%15.7%50.4%9.9%55.6%0.2%-0.3%739.8K-75.6M-355.2K1.0420.82N/AN/A3,4693,60841,74646,858
2021-11-30$44.61$40.0054.3%16.3%50.3%11.7%58.2%2.3%1.5%766.5K-72.3M-352.5K1.5720.64N/AN/A4,0776,40542,29147,403