CWH Options History — October 2023

In October 2023, CWH traded between $16.51 and $20.13. ATM implied volatility averaged 60.7%, placing in the 71.9% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 20.9% (HV 20d: 39.7%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2023-10-06: Highest Volume — 4,556 contracts
  • 2023-10-03: Largest IV spike — 12.4% change
  • 2023-10-30: Highest IV Rank — 97.6%
  • 2023-10-30: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.70$16.51$20.13$20.13$16.68
Max Pain$20.14$18.00$21.00$20.00$18.00
ATM IV60.7%49.9%67.1%49.9%64.8%
Expected Move17.7%13.3%22.5%13.3%22.0%
HV 20d39.7%30.4%45.6%33.9%43.4%
HV 60d44.4%36.9%46.9%46.4%36.9%
IV Rank71.9%40.0%97.6%40.0%90.6%
IV Percentile91.7%58.7%99.6%58.7%98.0%
Term Structure-2.5%-14.2%1.7%-14.2%-2.1%
VWIV60.0%44.9%79.0%44.9%74.5%
Skew 25d6.7%2.8%9.2%4.2%7.7%
Skew 10d12.5%4.7%21.7%9.3%13.2%
Call IV 25d57.6%50.1%64.5%50.1%62.2%
Put IV 25d64.2%54.3%69.9%54.3%69.9%
Bid-Ask Spread %42.2027.5659.7659.7644.79
Gamma HHI0.150.070.320.310.08
Net GEX111.1K-96.1K465.7K465.7K-10.5K
Net DEX16.8M8.0M21.0M8.0M16.8M
Net VEX-120.6K-164.2K-103.8K-164.2K-105.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.171.750.310.93
Total Volume1,701.5455394,5561,146539
Total OI53,54246,65656,98454,38149,324

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$20.13$20.0049.9%13.3%33.9%40.0%44.9%4.2%-14.2%465.7K8.0M-164.2K0.3159.76N/AN/A87427232,08922,292
2023-10-03$19.34$20.0056.1%14.1%30.4%56.8%47.9%8.1%1.0%376.5K13.8M-152.0K0.2554.98N/AN/A1,42036032,56022,450
2023-10-04$18.62$20.0055.0%14.3%31.4%53.7%45.6%4.6%1.2%269.4K18.4M-136.4K0.4259.68N/AN/A76232132,99822,494
2023-10-05$17.81$21.0058.1%16.8%33.6%62.1%57.6%7.0%1.7%114.4K21.0M-118.4K0.7427.56N/AN/A1,4381,06333,25421,689
2023-10-06$18.06$21.0059.8%16.4%33.7%66.8%54.3%6.0%0.4%184.8K19.5M-122.6K0.2830.57N/AN/A3,5521,00433,13121,779
2023-10-09$17.73$21.0061.7%16.9%32.8%71.9%59.5%7.1%-2.6%216.1K19.2M-120.5K0.3238.47N/AN/A1,64852334,30021,813
2023-10-10$18.43$21.0060.0%16.2%37.2%67.4%55.8%9.2%-3.2%431.8K14.3M-131.9K0.5529.43N/AN/A1,24268935,20520,955
2023-10-11$17.94$21.0059.7%16.5%37.1%66.5%55.8%8.1%-2.8%322.6K16.7M-124.1K0.7730.59N/AN/A61747335,76021,012
2023-10-12$17.16$21.0060.7%16.9%38.4%69.3%58.1%5.6%-2.3%153.0K19.3M-109.8K0.2431.55N/AN/A1,60537935,97420,688
2023-10-13$17.04$21.0061.7%17.2%37.9%72.0%59.1%8.1%-2.3%-96.1K19.7M-108.6K0.8938.90N/AN/A60654235,69720,744
2023-10-16$17.79$21.0059.0%16.6%41.9%64.5%57.2%6.2%-2.1%-10.6K17.2M-118.5K0.4934.84N/AN/A1,02450134,41320,194
2023-10-17$18.13$20.0060.9%17.4%42.9%69.8%56.3%7.2%-4.0%93.7K15.6M-125.9K0.3136.38N/AN/A66520535,24020,398
2023-10-18$17.77$20.0062.2%17.8%43.1%73.4%60.7%7.4%-2.5%-1.7K16.3M-121.6K0.1741.40N/AN/A1,56926135,70320,440
2023-10-19$17.06$20.0064.5%18.7%44.6%79.6%61.9%6.7%-4.2%-61.6K18.2M-110.4K0.7445.32N/AN/A60644836,05020,501
2023-10-20$17.21$20.0061.5%18.0%44.8%71.4%61.4%5.3%-3.9%-68.7K17.5M-113.8K0.6344.33N/AN/A40225436,51220,472
2023-10-23$17.52$20.0061.3%18.4%45.6%76.8%62.4%7.7%-2.6%-46.8K16.5M-115.2K0.3347.14N/AN/A1,24041126,76919,887
2023-10-24$17.55$20.0060.1%18.6%45.4%73.4%61.9%8.4%-2.3%24.9K15.9M-115.6K0.3446.21N/AN/A2,22476427,79520,042
2023-10-25$17.24$20.0062.2%19.5%45.5%79.8%66.3%7.2%-2.2%83.0K15.6M-114.6K1.7550.71N/AN/A29050729,36219,905
2023-10-26$17.26$19.0065.2%20.2%42.4%91.8%69.7%6.1%-3.7%115.2K15.3M-116.3K0.3347.32N/AN/A2,09268329,54320,080
2023-10-27$16.51$19.0063.3%20.4%44.2%86.1%71.0%2.8%-2.4%-81.9K17.7M-104.6K1.6145.94N/AN/A59796429,71820,395
2023-10-30$16.52$19.0067.1%22.5%44.3%97.6%79.0%6.2%-0.7%-29.5K17.3M-103.8K0.5142.55N/AN/A1,18960928,09220,205
2023-10-31$16.68$18.0064.8%22.0%43.4%90.6%74.5%7.7%-2.1%-10.5K16.8M-105.1K0.9344.79N/AN/A27926028,89220,432