CWH Options History — July 2022

In July 2022, CWH traded between $21.90 and $27.22. ATM implied volatility averaged 63.8%, placing in the 49.5% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 12.4% (HV 20d: 51.3%). Max pain ranged from $22.00 to $32.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.11.

Notable Days

2022-07-06: Highest Volume — 15,766 contracts
2022-07-27: Largest IV drop — 7.9% change
2022-07-06: Highest IV Rank — 60.6%
2022-07-26: Largest Expected Move — 19.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.65	$21.90	$27.22	$21.90	$27.16
Max Pain	$29.20	$22.00	$32.00	$32.00	$28.00
ATM IV	63.8%	58.3%	68.8%	64.3%	60.6%
Expected Move	18.4%	16.7%	19.6%	16.7%	18.5%
HV 20d	51.3%	41.4%	56.9%	41.4%	47.7%
HV 60d	56.3%	53.0%	57.6%	53.0%	56.0%
IV Rank	49.5%	37.4%	60.6%	50.7%	42.6%
IV Percentile	70.7%	54.0%	87.7%	74.6%	59.9%
Term Structure	-1.8%	-7.0%	8.1%	8.1%	-1.4%
VWIV	60.3%	39.1%	69.2%	59.9%	68.8%
Skew 25d	11.1%	8.3%	15.2%	9.8%	9.2%
Skew 10d	21.1%	5.5%	30.9%	17.5%	16.0%
Call IV 25d	59.0%	53.5%	65.5%	59.4%	57.5%
Put IV 25d	70.1%	63.3%	77.2%	69.2%	66.7%
Bid-Ask Spread %	30.22	20.10	50.79	50.79	39.30
Gamma HHI	0.11	0.06	0.21	0.09	0.21
Net GEX	104.0K	-304.9K	380.3K	-304.9K	348.2K
Net DEX	23.5M	9.4M	37.4M	37.4M	12.6M
Net VEX	-168.5K	-199.1K	-142.2K	-142.2K	-199.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.11	0.45	3.99	0.98	0.83
Total Volume	5,887.8	3,737	15,766	4,238	4,669
Total OI	59,762.85	54,708	66,113	58,966	66,113

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-07-01	$21.90	$32.00	64.3%	16.7%	41.4%	50.7%	59.9%	9.8%	8.1%	-304.9K	37.4M	-142.2K	0.98	50.79	N/A	N/A	2,136	2,102	27,471	31,495
2022-07-05	$23.41	$22.00	67.7%	19.5%	48.6%	58.2%	66.7%	12.3%	-1.7%	-145.7K	32.2M	-158.9K	0.45	20.40	N/A	N/A	3,504	1,571	25,741	30,503
2022-07-06	$22.76	$22.00	68.8%	19.4%	48.0%	60.6%	51.5%	11.6%	0.3%	31.2K	32.4M	-151.5K	0.85	21.83	N/A	N/A	8,543	7,223	27,792	30,522
2022-07-07	$23.33	$32.00	68.5%	19.1%	49.0%	60.1%	40.4%	14.1%	-3.9%	185.5K	28.9M	-166.0K	2.83	24.59	N/A	N/A	2,677	7,577	29,315	30,837
2022-07-08	$23.46	$32.00	66.9%	18.5%	48.7%	56.5%	39.1%	10.9%	-0.0%	189.4K	27.9M	-163.0K	2.50	21.34	N/A	N/A	2,864	7,168	29,858	30,531
2022-07-11	$22.38	$32.00	68.7%	19.2%	50.7%	60.5%	64.5%	11.5%	-1.4%	-107.1K	34.1M	-143.0K	0.91	28.52	N/A	N/A	2,144	1,957	27,870	29,957
2022-07-12	$22.99	$32.00	67.5%	18.6%	52.3%	57.9%	65.5%	11.5%	-2.1%	-75.7K	32.2M	-148.5K	0.77	30.85	N/A	N/A	2,138	1,641	28,349	30,539
2022-07-13	$24.23	$32.00	64.0%	18.4%	55.2%	50.0%	61.6%	11.3%	-0.2%	172.3K	25.3M	-166.2K	0.73	22.62	N/A	N/A	2,322	1,693	29,294	30,926
2022-07-14	$23.24	$32.00	65.5%	19.0%	56.9%	53.5%	63.7%	9.5%	0.4%	99.0K	30.1M	-154.6K	0.76	29.73	N/A	N/A	2,124	1,613	30,340	30,964
2022-07-15	$23.62	$32.00	64.6%	18.4%	56.6%	51.5%	61.6%	11.3%	-0.3%	247.3K	27.9M	-159.8K	0.64	37.07	N/A	N/A	2,601	1,674	30,544	31,093
2022-07-18	$24.19	$32.00	63.7%	18.4%	51.1%	49.5%	59.0%	11.8%	-5.3%	72.5K	26.5M	-156.1K	0.50	30.91	N/A	N/A	3,399	1,702	25,959	28,749
2022-07-19	$25.16	$28.00	61.2%	17.5%	52.6%	43.9%	59.9%	10.8%	-3.6%	282.4K	21.3M	-168.0K	0.64	20.10	N/A	N/A	2,823	1,801	27,708	29,211
2022-07-20	$26.31	$28.00	59.8%	17.1%	54.5%	40.8%	59.9%	10.7%	-4.3%	380.3K	12.5M	-180.6K	0.72	29.41	N/A	N/A	2,901	2,093	28,795	29,419
2022-07-21	$26.43	$28.00	62.0%	18.1%	54.4%	45.7%	61.8%	12.4%	-7.0%	361.4K	10.9M	-188.7K	0.94	26.73	N/A	N/A	2,470	2,316	29,694	29,922
2022-07-22	$26.66	$28.00	58.6%	17.1%	54.2%	38.2%	60.3%	8.3%	-2.5%	297.7K	9.4M	-187.6K	0.62	29.87	N/A	N/A	2,998	1,867	29,201	30,391
2022-07-25	$26.30	$28.00	59.7%	18.5%	54.7%	40.6%	65.0%	10.0%	-4.4%	167.4K	16.1M	-178.8K	1.12	27.77	N/A	N/A	1,957	2,190	27,928	29,603
2022-07-26	$25.92	$28.00	63.3%	19.6%	54.5%	48.5%	69.2%	15.2%	-1.1%	100.9K	18.8M	-174.6K	3.99	38.96	N/A	N/A	1,876	7,491	28,295	30,181
2022-07-27	$26.33	$28.00	58.3%	18.0%	47.4%	37.4%	65.2%	9.5%	-1.6%	-232.2K	21.7M	-187.2K	0.83	38.39	N/A	N/A	2,553	2,110	28,530	36,100
2022-07-28	$27.22	$28.00	61.2%	18.1%	48.0%	43.9%	61.7%	10.5%	-3.5%	9.3K	12.2M	-196.6K	0.62	35.25	N/A	N/A	3,246	2,022	28,963	36,554
2022-07-29	$27.16	$28.00	60.6%	18.5%	47.7%	42.6%	68.8%	9.2%	-1.4%	348.2K	12.6M	-199.1K	0.83	39.30	N/A	N/A	2,548	2,121	29,321	36,792