CWH Options History — February 2024

In February 2024, CWH traded between $24.48 and $26.70. ATM implied volatility averaged 51.3%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 16.6% (HV 20d: 34.7%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.79.

Notable Days

  • 2024-02-21: Highest Volume — 7,012 contracts
  • 2024-02-22: Largest IV drop — 29.9% change
  • 2024-02-21: Highest IV Rank — 100.0%
  • 2024-02-21: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.64$24.48$26.70$25.43$26.70
Max Pain$24.00$24.00$24.00$24.00$24.00
ATM IV51.3%40.9%67.5%50.4%40.9%
Expected Move15.0%11.7%19.3%14.5%11.7%
HV 20d34.7%30.8%39.8%39.8%31.4%
HV 60d43.6%41.5%46.8%46.6%41.5%
IV Rank50.3%17.7%100.0%47.7%17.7%
IV Percentile70.4%29.8%100.0%77.4%29.8%
Term Structure-4.3%-12.6%-0.1%-1.0%-0.1%
VWIV52.5%42.2%68.4%49.7%43.7%
Skew 25d3.5%0.5%5.3%5.3%1.7%
Skew 10d7.4%2.3%11.2%10.6%5.3%
Call IV 25d51.0%41.5%66.4%48.0%42.1%
Put IV 25d54.5%42.2%70.4%53.3%43.8%
Bid-Ask Spread %53.5433.2869.2954.5665.63
Gamma HHI0.160.130.180.160.17
Net GEX466.8K183.1K1.1M357.9K1.1M
Net DEX-18.3M-28.8M-10.0M-15.8M-28.8M
Net VEX-145.1K-155.9K-132.7K-155.9K-137.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.133.300.980.35
Total Volume1,171.72237,012291533
Total OI46,315.743,18353,61043,27053,610

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$25.43$24.0050.4%14.5%39.8%47.7%49.7%5.3%-1.0%357.9K-15.8M-155.9K0.9854.56N/AN/A14714422,46420,806
2024-02-02$25.30$24.0043.9%14.8%37.4%27.2%52.4%4.8%-0.9%330.3K-15.3M-155.0K0.6657.82N/AN/A29319222,54420,862
2024-02-05$24.80$24.0044.7%14.9%37.1%29.8%52.1%3.4%-1.9%244.2K-12.2M-151.0K0.7845.80N/AN/A38529922,37720,806
2024-02-06$25.07$24.0043.6%14.8%35.6%26.3%51.2%5.0%-1.9%301.1K-14.0M-150.4K0.1855.93N/AN/A4247622,56420,975
2024-02-07$24.84$24.0051.6%14.8%34.9%51.3%51.4%3.8%-1.3%268.4K-12.9M-147.3K2.6659.17N/AN/A6116222,79520,994
2024-02-08$24.48$24.0052.6%15.1%35.3%54.4%52.1%3.7%-2.0%183.1K-10.0M-147.0K0.3151.39N/AN/A1895922,82721,137
2024-02-09$25.47$24.0054.1%15.5%38.0%59.2%54.6%3.6%-3.1%357.9K-16.7M-149.7K0.1558.50N/AN/A65110022,83421,184
2024-02-12$26.35$24.0057.5%16.5%39.8%70.0%56.9%3.8%-4.8%540.1K-23.1M-147.7K0.2556.90N/AN/A69217423,23221,242
2024-02-13$25.86$24.0059.6%17.1%38.8%76.4%58.9%4.6%-5.8%456.0K-20.1M-149.5K0.3551.80N/AN/A31611023,58121,326
2024-02-14$26.30$24.0059.5%17.1%36.2%76.1%58.6%4.4%-6.8%591.4K-23.3M-148.0K0.1339.35N/AN/A6378123,69721,358
2024-02-15$26.49$24.0060.1%17.2%33.4%78.0%58.7%4.9%-11.7%647.1K-24.4M-147.7K0.5742.65N/AN/A38721923,79421,359
2024-02-16$26.02$24.0058.6%16.8%32.2%73.4%58.3%2.9%-7.9%693.3K-21.1M-145.5K1.2742.18N/AN/A40250923,83921,616
2024-02-20$25.52$24.0062.5%17.9%32.6%85.6%63.6%4.4%-11.0%378.2K-17.2M-142.1K0.6154.49N/AN/A1,16471422,69121,052
2024-02-21$25.13$24.0067.5%19.3%33.0%100.0%68.4%4.1%-12.6%323.4K-15.1M-142.9K3.3054.93N/AN/A1,6295,38323,24021,371
2024-02-22$25.24$24.0047.3%13.6%30.8%37.5%47.0%4.8%-4.7%233.7K-13.0M-142.8K0.7661.14N/AN/A96072924,30025,414
2024-02-23$25.03$24.0042.4%12.2%30.9%22.3%42.2%1.2%-1.5%233.2K-12.1M-135.3K1.4661.99N/AN/A37454624,72925,519
2024-02-26$25.66$24.0043.3%12.4%32.1%24.9%43.9%1.8%-2.2%464.3K-17.4M-134.9K0.4469.29N/AN/A36315924,84725,771
2024-02-27$26.63$24.0042.3%12.1%33.5%21.9%42.7%0.5%-2.3%834.5K-26.6M-132.7K0.2633.28N/AN/A2,39762624,98325,782
2024-02-28$26.48$24.0043.9%12.6%31.4%26.8%43.8%1.9%-2.3%847.7K-26.2M-138.2K0.4154.02N/AN/A81233626,75826,034
2024-02-29$26.70$24.0040.9%11.7%31.4%17.7%43.7%1.7%-0.1%1.1M-28.8M-137.8K0.3565.63N/AN/A39513827,44926,161