CWH Options History — February 2022

In February 2022, CWH traded between $28.41 and $34.51. ATM implied volatility averaged 62.1%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 12.7% (HV 20d: 49.5%). Max pain ranged from $30.00 to $34.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.74.

Notable Days

  • 2022-02-23: Highest Volume — 20,641 contracts
  • 2022-02-23: Largest IV drop — 17.9% change
  • 2022-02-22: Highest IV Rank — 56.2%
  • 2022-02-22: Largest Expected Move — 20.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.43$28.41$34.51$34.37$30.51
Max Pain$33.37$30.00$34.00$34.00$32.00
ATM IV62.1%53.3%70.7%59.8%54.7%
Expected Move17.8%15.3%20.6%15.7%16.5%
HV 20d49.5%30.8%56.3%49.7%56.3%
HV 60d41.8%38.5%46.5%41.0%45.9%
IV Rank41.4%31.6%56.2%35.1%38.9%
IV Percentile70.0%41.7%91.3%62.7%50.4%
Term Structure-1.8%-6.5%1.8%1.8%1.4%
VWIV62.0%53.5%72.1%55.4%58.0%
Skew 25d6.2%-0.1%9.2%8.0%6.1%
Skew 10d11.9%3.8%17.8%17.8%11.4%
Call IV 25d59.9%50.9%67.7%56.1%53.6%
Put IV 25d66.1%58.1%74.8%64.1%59.7%
Bid-Ask Spread %28.8617.1246.0422.7232.07
Gamma HHI0.180.110.620.150.12
Net GEX-118.9K-3.2M1.0M143.4K159.9K
Net DEX14.2M-6.8M41.9M4.2M13.8M
Net VEX-262.7K-299.6K-191.9K-298.9K-231.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.301.440.420.37
Total Volume8,878.3164,24420,6416,8678,041
Total OI74,15761,77089,87271,99275,199

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$34.37$34.0059.8%15.7%49.7%35.1%55.4%8.0%1.8%143.4K4.2M-298.9K0.4222.72N/AN/A4,8382,02935,94236,050
2022-02-02$33.96$34.0060.2%15.7%48.6%36.2%53.5%-0.1%-0.0%287.0K5.7M-299.6K0.7428.33N/AN/A2,7051,99437,97336,252
2022-02-03$33.23$34.0064.9%18.2%48.9%45.1%62.9%9.2%-4.0%-116.5K12.6M-288.4K0.7017.12N/AN/A2,6871,87938,35336,398
2022-02-04$32.68$34.0064.5%17.7%48.7%44.4%62.7%7.8%-4.9%18.1K16.8M-279.3K1.4421.85N/AN/A3,1134,48638,71236,480
2022-02-07$33.12$34.0063.5%18.3%49.2%42.5%62.2%5.8%-0.4%33011.3M-278.5K0.3032.31N/AN/A5,0481,49536,42032,595
2022-02-08$34.12$34.0060.5%17.5%50.8%36.8%62.2%6.9%0.2%765.1K-2.8M-287.5K0.3220.98N/AN/A4,4601,41939,06132,769
2022-02-09$34.51$34.0058.9%16.6%51.1%33.7%59.3%6.5%-1.2%1.0M-6.8M-282.4K0.7019.84N/AN/A2,4921,75239,12332,886
2022-02-10$33.05$34.0061.6%17.6%52.9%38.9%61.1%6.4%1.3%318.7K11.6M-267.6K0.5424.50N/AN/A3,6191,95739,30733,121
2022-02-11$32.84$34.0064.5%18.6%52.8%44.4%64.3%6.7%0.7%674.6K13.1M-267.2K0.7830.58N/AN/A3,9433,07841,10733,442
2022-02-14$32.83$34.0066.9%19.4%52.5%49.0%67.0%8.1%-5.1%-3.8K13.6M-265.3K0.7224.24N/AN/A3,2062,29838,46932,688
2022-02-15$33.24$34.0065.6%18.9%52.4%46.6%64.2%6.4%-6.5%159.0K9.0M-260.9K1.4421.70N/AN/A3,2224,63639,40532,869
2022-02-16$32.86$34.0062.7%18.0%52.4%41.0%62.8%6.5%-3.9%-387.9K19.3M-257.3K1.0130.65N/AN/A2,9102,93540,15735,124
2022-02-17$32.42$34.0066.2%19.1%41.1%47.7%65.6%6.6%-2.1%-766.8K24.5M-251.4K1.2343.88N/AN/A2,7173,33640,52035,396
2022-02-18$32.04$34.0066.7%19.5%38.7%48.7%67.8%6.5%-3.5%-3.2M27.4M-247.5K1.0846.04N/AN/A5,7176,18740,97335,285
2022-02-22$31.97$33.0070.7%20.6%30.8%56.2%72.1%7.2%-4.7%-367.1K18.4M-245.5K0.7338.57N/AN/A11,3098,29530,16831,602
2022-02-23$28.41$33.0058.0%17.7%51.3%32.0%62.0%3.6%-1.1%-449.1K41.9M-191.9K0.4029.81N/AN/A14,7885,85338,96632,221
2022-02-24$30.04$30.0057.3%17.4%55.7%37.8%60.7%3.3%0.5%86.6K18.5M-243.8K0.8839.57N/AN/A8,4727,44249,83134,247
2022-02-25$29.95$30.0053.3%15.3%55.7%31.6%53.9%7.1%-1.9%-590.5K18.3M-247.4K0.3623.64N/AN/A10,5103,82052,24937,623
2022-02-28$30.51$32.0054.7%16.5%56.3%38.9%58.0%6.1%1.4%159.9K13.8M-231.9K0.3732.07N/AN/A5,8752,16642,25132,948