CWH Options History — May 2024

In May 2024, CWH traded between $18.91 and $22.23. ATM implied volatility averaged 46.7%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 0.4% (HV 20d: 46.2%). Max pain ranged from $22.00 to $25.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.16.

Notable Days

  • 2024-05-13: Highest Volume — 10,512 contracts
  • 2024-05-02: Largest IV drop — 40.4% change
  • 2024-05-01: Highest IV Rank — 100.0%
  • 2024-05-01: Largest Expected Move — 23.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.43$18.91$22.23$20.15$20.13
Max Pain$22.95$22.00$25.00$22.00$22.00
ATM IV46.7%40.8%82.7%82.7%45.6%
Expected Move12.9%11.6%23.7%23.7%13.1%
HV 20d46.2%38.9%50.7%49.6%43.1%
HV 60d45.4%44.0%46.5%44.5%45.5%
IV Rank24.2%11.9%100.0%100.0%21.9%
IV Percentile59.2%33.3%100.0%100.0%67.9%
Term Structure0.3%-22.1%6.3%-22.1%-1.0%
VWIV45.6%40.1%84.8%84.8%49.3%
Skew 25d1.5%-2.1%5.8%5.8%0.4%
Skew 10d1.2%-5.4%7.4%7.3%-5.4%
Call IV 25d44.4%39.4%80.4%80.4%46.6%
Put IV 25d45.9%41.0%86.1%86.1%47.0%
Bid-Ask Spread %66.8457.2574.5960.1868.49
Gamma HHI0.170.100.330.100.13
Net GEX64.8K-291.5K1.1M-1.5K-30.7K
Net DEX4.2M-9.4M10.6M6.2M4.3M
Net VEX-85.2K-98.7K-69.8K-92.5K-80.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.037.997.990.16
Total Volume1,943.36434910,5128,289615
Total OI39,512.04524,57655,71936,99126,988

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$20.15$22.0082.7%23.7%49.6%100.0%84.8%5.8%-22.1%-1.5K6.2M-92.5K7.9960.18N/AN/A9227,36721,67815,313
2024-05-02$20.04$22.0049.3%14.1%48.9%29.6%51.3%-2.1%-3.8%-291.5K10.6M-92.1K1.0473.93N/AN/A2,3322,43723,86921,665
2024-05-03$20.02$22.0045.3%13.0%49.1%21.3%45.0%1.5%-2.5%-210.5K9.9M-92.4K0.5674.59N/AN/A59633425,44921,229
2024-05-06$20.57$25.0045.5%12.0%50.7%21.6%41.6%4.4%6.3%-96.3K7.1M-91.3K1.1163.51N/AN/A27530625,64221,217
2024-05-07$20.29$25.0043.0%11.9%50.4%16.4%41.6%3.6%5.2%-168.3K8.8M-88.9K2.3361.80N/AN/A15035025,72721,371
2024-05-08$21.54$25.0042.1%11.8%47.6%14.6%41.6%2.3%5.8%148.6K917.7K-96.2K0.5458.01N/AN/A1,68089925,74821,395
2024-05-09$21.32$24.0042.6%11.6%47.6%15.5%40.1%2.4%5.8%58.2K3.3M-93.1K0.8463.42N/AN/A32027025,71121,218
2024-05-10$21.44$24.0046.3%12.0%47.6%23.3%41.2%2.5%5.1%89.2K2.1M-93.6K0.0462.74N/AN/A2,1339625,82121,228
2024-05-13$22.23$24.0063.4%12.7%49.2%59.2%46.1%0.4%3.6%505.0K-6.7M-97.2K0.0358.50N/AN/A10,23527727,38521,271
2024-05-14$22.20$24.0052.0%12.2%48.6%35.4%42.0%0.3%4.8%1.1M-9.4M-98.7K0.3257.25N/AN/A67621534,41421,305
2024-05-15$21.51$24.0040.8%11.7%47.5%11.9%41.9%0.6%5.5%734.7K-1.6M-91.1K0.0770.18N/AN/A1,79213434,33121,279
2024-05-16$20.91$24.0041.6%11.9%47.3%13.5%41.4%2.0%2.6%103.0K4.2M-84.7K0.3072.19N/AN/A1,26338433,37621,305
2024-05-17$20.52$22.0042.0%12.0%47.4%14.3%41.9%1.1%-0.9%-23.0K4.7M-80.9K1.2273.84N/AN/A46856934,21421,200
2024-05-20$20.38$22.0041.2%11.8%45.5%12.5%41.8%1.8%0.2%-43.5K4.6M-79.2K0.5764.69N/AN/A66838313,63610,940
2024-05-21$19.91$22.0042.7%12.2%45.9%15.7%42.7%-1.6%-1.5%-44.7K5.3M-77.7K0.6967.16N/AN/A39327314,16111,148
2024-05-22$19.30$22.0042.1%12.1%46.7%14.5%42.7%0.8%-0.4%-73.4K6.9M-73.6K0.5367.86N/AN/A58431014,27111,327
2024-05-23$18.91$22.0043.5%12.5%39.1%17.4%42.0%1.3%-1.4%-85.3K7.7M-69.8K0.6671.95N/AN/A42127614,65911,417
2024-05-24$19.13$22.0042.3%12.1%38.9%14.8%42.4%1.1%-1.4%-78.1K7.1M-72.3K1.0768.52N/AN/A35638114,69911,477
2024-05-28$20.02$22.0044.8%12.8%42.9%20.2%45.0%1.1%-2.3%-46.8K4.8M-78.4K0.2870.74N/AN/A70119414,87211,649
2024-05-29$19.42$22.0044.3%12.7%41.8%19.1%44.7%2.6%-1.3%-63.2K6.3M-74.6K4.6169.17N/AN/A6630415,04211,777
2024-05-30$19.61$22.0044.3%12.7%42.0%19.1%51.2%0.9%-0.2%-55.2K5.8M-76.4K0.5371.70N/AN/A22812115,02911,812
2024-05-31$20.13$22.0045.6%13.1%43.1%21.9%49.3%0.4%-1.0%-30.7K4.3M-80.6K0.1668.49N/AN/A5298615,18811,800