CWH Options History — May 2022

In May 2022, CWH traded between $25.75 and $30.94. ATM implied volatility averaged 71.7%, placing in the 67.0% IV rank vs the trailing year. The 30-day expected move averaged 21.4%. IV traded above realized volatility by 8.3% (HV 20d: 63.3%). Max pain ranged from $27.00 to $34.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.99.

Notable Days

  • 2022-05-04: Highest Volume — 31,330 contracts
  • 2022-05-04: Largest IV drop — 24.1% change
  • 2022-05-02: Highest IV Rank — 100.0%
  • 2022-05-02: Largest Expected Move — 27.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.02$25.75$30.94$26.58$27.05
Max Pain$32.24$27.00$34.00$27.00$32.00
ATM IV71.7%60.6%86.6%86.6%66.6%
Expected Move21.4%19.2%27.9%27.9%20.2%
HV 20d63.3%37.6%75.4%37.6%74.8%
HV 60d57.0%50.5%63.1%50.5%57.7%
IV Rank67.0%42.6%100.0%100.0%55.9%
IV Percentile92.3%72.6%100.0%100.0%84.1%
Term Structure0.8%-8.4%25.1%-8.4%-2.3%
VWIV76.2%67.4%100.2%100.2%70.1%
Skew 25d3.9%0.1%6.9%3.7%3.2%
Skew 10d7.4%1.0%16.1%9.9%3.8%
Call IV 25d71.1%64.0%85.7%85.7%66.4%
Put IV 25d75.0%65.0%89.4%89.4%69.6%
Bid-Ask Spread %41.9529.7053.9929.7053.99
Gamma HHI0.160.120.260.160.16
Net GEX-85.6K-1.3M1.9M494.9K-789.0K
Net DEX28.1M-41.9M79.7M16.9M48.1M
Net VEX-302.8K-383.4K-230.8K-357.6K-233.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.192.820.611.09
Total Volume12,143.5715,07631,3309,8297,394
Total OI107,021.61977,451133,019116,20682,835

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$26.58$27.0086.6%27.9%37.6%100.0%100.2%3.7%-8.4%494.9K16.9M-357.6K0.6129.70N/AN/A6,1003,72962,92653,280
2022-05-03$28.21$27.0079.9%26.5%42.9%85.1%93.8%3.0%-0.1%864.5K-5.7M-383.4K0.7232.43N/AN/A12,8549,26165,92254,938
2022-05-04$30.49$27.0060.6%19.3%48.7%42.6%70.6%1.0%1.6%1.9M-41.9M-372.7K0.4938.95N/AN/A21,04810,28267,73260,760
2022-05-05$28.55$33.0062.2%19.6%54.9%46.1%70.7%0.4%-0.1%915.6K7.7M-355.3K1.0538.78N/AN/A7,2847,63668,05264,684
2022-05-06$29.20$33.0066.6%20.1%55.3%55.8%70.5%5.0%-1.5%1.6M-5.5M-361.8K0.1933.17N/AN/A16,2353,13868,91364,106
2022-05-09$29.13$33.0070.5%21.3%54.8%64.4%74.7%4.7%4.1%120.2K15.8M-344.3K0.6536.03N/AN/A8,4415,50352,22350,528
2022-05-10$27.76$33.0068.7%21.4%57.7%60.4%76.5%2.6%5.1%-232.1K38.1M-320.3K0.4931.82N/AN/A6,4103,14054,34053,599
2022-05-11$27.47$33.0070.2%21.7%56.7%63.8%76.3%3.8%3.9%-324.4K41.1M-316.2K0.5638.98N/AN/A5,4783,05454,61954,634
2022-05-12$29.50$33.0071.4%21.4%62.0%66.3%77.2%6.5%5.4%166.7K10.6M-343.6K1.0938.19N/AN/A6,0326,58354,87254,696
2022-05-13$29.87$34.0069.9%20.8%61.9%63.0%74.3%5.8%2.9%289.7K7.3M-326.4K1.5644.77N/AN/A5,9739,33455,95855,295
2022-05-16$29.08$34.0074.2%21.6%62.9%72.6%74.9%2.8%-4.4%-431.9K22.0M-322.4K0.6843.94N/AN/A4,3432,95354,04759,304
2022-05-17$30.94$34.0067.2%19.4%64.8%57.1%73.6%4.5%-0.0%350.1K-7.0M-324.5K1.2544.51N/AN/A4,1915,25554,89560,451
2022-05-18$27.93$34.0074.3%21.3%73.1%72.8%75.6%3.9%-5.1%-1.2M54.5M-287.8K1.3047.94N/AN/A5,2086,76155,62562,584
2022-05-19$26.83$33.0074.6%21.5%73.6%73.5%75.6%0.1%-2.6%-1.3M72.5M-258.5K2.8248.50N/AN/A3,0958,74056,34461,910
2022-05-20$26.12$33.0076.2%22.0%74.3%77.0%78.4%6.1%-1.2%-926.5K79.7M-242.2K1.3547.54N/AN/A5,0696,83256,66859,856
2022-05-23$25.96$32.0074.9%21.9%74.4%74.1%80.0%6.9%-2.0%-828.3K52.0M-235.2K0.8038.49N/AN/A5,0924,05032,65944,792
2022-05-24$25.75$33.0075.7%21.5%73.6%76.0%72.3%6.0%-1.8%-804.7K54.9M-230.8K1.3743.77N/AN/A2,1452,93136,04946,032
2022-05-25$26.88$33.0072.7%21.3%75.1%69.2%75.8%4.0%-0.8%-680.8K44.9M-249.6K0.9946.43N/AN/A3,9103,88536,50746,184
2022-05-26$27.53$33.0070.5%20.4%75.4%64.4%71.2%3.2%-0.0%-463.0K40.4M-247.6K0.7252.19N/AN/A4,8913,53037,44245,278
2022-05-27$27.49$33.0071.2%19.2%75.4%66.0%67.4%5.1%25.1%-544.6K42.9M-244.9K0.9950.81N/AN/A3,6363,58939,62246,293
2022-05-31$27.05$32.0066.6%20.2%74.8%55.9%70.1%3.2%-2.3%-789.0K48.1M-233.0K1.0953.99N/AN/A3,5363,85837,37445,461