CWH Options History — April 2022

In April 2022, CWH traded between $25.24 and $28.19. ATM implied volatility averaged 72.7%, placing in the 89.0% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 24.9% (HV 20d: 47.9%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.87.

Notable Days

  • 2022-04-25: Highest Volume — 25,230 contracts
  • 2022-04-04: Largest IV spike — 13.3% change
  • 2022-04-22: Highest IV Rank — 100.0%
  • 2022-04-29: Largest Expected Move — 27.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.73$25.24$28.19$27.53$25.69
Max Pain$28.50$27.00$29.00$29.00$27.00
ATM IV72.7%56.5%86.1%56.5%85.4%
Expected Move21.2%18.1%27.4%18.1%27.4%
HV 20d47.9%35.2%57.1%57.1%35.2%
HV 60d52.4%50.0%54.5%53.5%50.0%
IV Rank89.0%47.3%100.0%47.3%98.5%
IV Percentile94.4%63.5%100.0%63.5%99.6%
Term Structure-1.4%-5.1%13.4%13.4%-1.2%
VWIV74.7%58.6%95.4%65.9%95.4%
Skew 25d1.2%-2.9%4.8%-2.5%0.8%
Skew 10d1.4%-5.4%6.8%3.3%-5.4%
Call IV 25d74.7%55.5%89.4%55.5%88.8%
Put IV 25d76.0%53.0%90.7%53.0%89.6%
Bid-Ask Spread %21.4215.2429.8419.7515.79
Gamma HHI0.160.120.220.160.15
Net GEX-222.4K-1.2M832.3K-805.3K512.9K
Net DEX38.3M24.1M51.6M47.9M27.6M
Net VEX-322.6K-355.3K-301.5K-305.1K-353.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.251.530.350.97
Total Volume10,369.44,22725,23014,3837,226
Total OI96,796.5582,673122,73692,265122,736

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$27.53$29.0056.5%18.1%57.1%47.3%65.9%-2.5%13.4%-805.3K47.9M-305.1K0.3519.75N/AN/A10,6433,74045,68146,584
2022-04-04$28.06$29.0064.1%18.4%53.1%70.7%58.6%-0.4%-0.7%-424.9K30.3M-341.1K0.8916.19N/AN/A4,2883,82943,51344,706
2022-04-05$27.06$29.0066.3%18.9%53.3%77.6%68.0%1.4%-1.6%-606.9K42.5M-318.3K1.3118.15N/AN/A3,0503,99145,96645,160
2022-04-06$26.89$29.0071.5%19.4%49.1%93.6%69.2%1.6%-0.7%-863.8K46.3M-320.3K0.9718.60N/AN/A2,9562,86247,37547,204
2022-04-07$26.97$29.0068.8%19.1%49.2%85.5%69.0%0.3%-2.1%-1.1M46.2M-322.5K0.9618.56N/AN/A2,1622,06548,22447,525
2022-04-08$27.66$29.0070.3%19.0%50.2%89.9%67.6%4.7%0.5%-1.2M33.9M-338.6K0.4315.24N/AN/A6,6682,88748,67547,588
2022-04-11$27.74$29.0071.4%19.6%49.9%93.4%71.6%1.0%-1.9%-97.1K30.9M-325.4K0.6621.58N/AN/A4,3592,88843,81743,683
2022-04-12$26.92$29.0068.3%19.4%50.1%84.0%70.4%0.5%-0.7%-292.9K40.4M-304.5K0.7118.13N/AN/A5,4543,88444,91843,713
2022-04-13$26.96$29.0068.6%19.2%49.1%84.6%67.7%2.5%-1.4%-403.3K44.8M-301.5K1.5120.30N/AN/A4,0836,15946,93845,225
2022-04-14$26.79$29.0069.4%19.4%49.0%87.4%67.3%3.1%-2.1%-220.9K51.6M-310.5K1.5321.19N/AN/A4,2596,49948,64847,855
2022-04-18$27.00$29.0070.1%19.7%48.1%89.3%69.9%1.4%-1.4%-234.6K38.2M-307.0K1.4029.29N/AN/A4,3286,07539,50443,169
2022-04-19$28.19$29.0070.1%20.0%49.2%89.5%71.2%-0.6%-2.9%92.2K24.1M-336.8K0.4425.43N/AN/A8,9163,93042,10444,196
2022-04-20$26.89$29.0071.5%20.5%49.1%94.0%73.0%-1.1%-3.3%88.3K37.0M-318.2K1.3028.14N/AN/A3,0423,95744,99044,977
2022-04-21$26.03$29.0072.4%20.9%47.5%98.0%74.0%2.3%-1.8%-260.9K47.1M-301.7K1.0919.55N/AN/A3,4603,75945,50946,006
2022-04-22$26.03$29.0075.1%21.9%47.2%100.0%74.4%2.5%-3.7%-554.0K46.0M-304.5K0.3017.61N/AN/A9,8992,96146,61846,646
2022-04-25$25.98$27.0080.9%23.9%46.1%100.0%84.9%4.5%-4.9%30.0K37.3M-314.8K0.6729.84N/AN/A15,10010,13048,51545,370
2022-04-26$25.24$27.0082.6%25.4%46.9%100.0%89.6%-2.9%-2.3%393.4K36.6M-325.0K0.4326.68N/AN/A13,2185,74358,90852,627
2022-04-27$25.32$27.0086.1%26.3%39.8%100.0%91.7%0.4%-4.5%832.3K30.6M-346.9K0.2527.11N/AN/A7,2861,85067,07153,372
2022-04-28$25.66$27.0084.8%26.7%37.8%97.0%94.9%4.8%-5.1%608.1K27.2M-355.3K1.1621.27N/AN/A4,5315,25166,31154,304
2022-04-29$25.69$27.0085.4%27.4%35.2%98.5%95.4%0.8%-1.2%512.9K27.6M-353.9K0.9715.79N/AN/A3,6743,55266,41356,323