CWH Options History — April 2025

In April 2025, CWH traded between $11.63 and $16.90. ATM implied volatility averaged 84.6%, placing in the 59.8% IV rank vs the trailing year. The 30-day expected move averaged 23.5%. IV traded below realized volatility by 6.8% (HV 20d: 91.5%). Max pain ranged from $11.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2025-04-30: Highest Volume — 28,486 contracts
  • 2025-04-04: Largest IV spike — 37.8% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 27.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.18$11.63$16.90$16.20$12.05
Max Pain$14.43$11.00$18.00$16.00$14.00
ATM IV84.6%54.7%120.4%59.2%68.3%
Expected Move23.5%16.9%27.7%17.3%19.6%
HV 20d91.5%56.9%112.3%56.9%112.3%
HV 60d64.6%46.1%75.7%46.1%75.7%
IV Rank59.8%33.5%100.0%44.7%34.5%
IV Percentile94.1%62.3%100.0%76.2%84.9%
Term Structure-10.2%-22.1%1.4%1.4%-0.6%
VWIV81.3%59.9%95.1%59.9%70.7%
Skew 25d9.4%1.3%13.4%4.9%1.3%
Skew 10d19.7%-10.0%44.3%-10.0%2.7%
Call IV 25d77.4%56.7%90.0%57.9%70.2%
Put IV 25d86.8%61.8%100.6%62.7%71.5%
Bid-Ask Spread %44.8234.3859.1234.7556.00
Gamma HHI0.200.160.240.220.23
Net GEX211.0K113.9K492.8K385.2K140.4K
Net DEX-5.4M-11.9M120.6K-4.3M-3.2M
Net VEX-106.7K-133.3K-58.9K-77.3K-106.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.024.080.180.02
Total Volume3,454.1941428,48641428,486
Total OI42,941.47632,89253,41832,89243,323

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$16.20$16.0059.2%17.3%56.9%44.7%59.9%4.9%1.4%385.2K-4.3M-77.3K0.1834.75N/AN/A3506426,5716,321
2025-04-02$16.90$16.0054.7%16.9%59.2%33.5%60.2%5.1%-3.3%492.8K-6.6M-81.5K0.2845.80N/AN/A58416626,5836,324
2025-04-03$14.12$16.0071.4%20.1%86.0%67.4%69.3%7.3%-5.1%163.1K120.6K-58.9K0.0738.35N/AN/A6,31345026,5716,418
2025-04-04$13.04$16.0098.4%24.9%89.2%100.0%82.0%13.4%-10.9%144.2K-1.3M-86.9K0.1136.33N/AN/A5,38061432,3646,664
2025-04-07$13.06$18.00116.2%25.8%82.6%100.0%87.3%9.5%-10.7%190.9K-5.4M-111.2K0.0642.18N/AN/A4,52428237,4386,948
2025-04-08$12.44$17.00120.4%27.7%82.5%100.0%90.6%10.6%-12.9%209.9K-4.4M-103.7K0.2534.38N/AN/A96224241,3817,026
2025-04-09$13.86$16.0075.7%21.7%93.0%43.8%73.7%8.2%-9.2%348.2K-8.0M-118.0K0.1643.70N/AN/A1,67126741,3307,114
2025-04-10$12.76$16.0086.1%24.7%96.3%56.9%85.2%8.5%-11.9%268.8K-5.1M-107.1K1.0859.12N/AN/A29932242,7907,201
2025-04-11$12.03$16.0084.5%24.2%96.9%54.8%83.8%11.0%-9.3%183.1K-2.9M-96.9K0.1038.04N/AN/A2,24622642,6987,143
2025-04-14$12.40$16.0083.4%23.9%95.9%53.5%84.8%12.5%-9.4%171.9K-3.8M-105.2K0.1740.73N/AN/A1,29422443,9977,234
2025-04-15$12.02$16.0077.3%22.2%95.9%45.8%76.2%9.0%-8.0%139.5K-2.9M-106.8K4.0845.58N/AN/A2571,04945,0727,380
2025-04-16$11.63$15.0081.0%23.2%95.0%50.5%80.6%10.2%-4.3%113.9K-2.0M-104.8K2.4045.58N/AN/A21551745,1578,181
2025-04-17$11.95$15.0078.1%22.4%96.5%46.8%79.3%8.9%-6.2%142.1K-2.9M-109.2K1.0841.30N/AN/A29532045,2058,213
2025-04-21$12.03$14.0091.0%26.1%96.9%63.0%95.1%11.2%-12.1%123.6K-4.1M-111.2K0.2941.57N/AN/A1,58346330,0267,450
2025-04-22$12.36$11.0088.8%25.5%94.5%60.3%86.7%9.8%-12.9%160.9K-6.1M-116.4K0.6244.90N/AN/A36522531,6637,707
2025-04-23$12.94$11.0088.7%25.4%97.1%60.1%88.5%8.5%-15.3%177.3K-8.0M-126.8K3.6448.75N/AN/A8673,15631,6897,716
2025-04-24$13.41$11.0087.1%25.0%98.7%58.2%89.1%10.6%-15.8%210.5K-10.1M-123.4K0.1953.78N/AN/A69913132,0496,215
2025-04-25$13.75$11.0085.6%24.5%99.6%56.2%80.3%11.7%-16.9%221.0K-10.2M-126.9K0.3655.76N/AN/A30711231,8866,329
2025-04-28$13.79$11.0090.3%25.9%97.8%62.1%91.5%11.5%-19.4%214.0K-10.6M-129.1K0.7846.70N/AN/A24919531,7226,387
2025-04-29$14.14$11.0091.7%26.3%98.5%63.9%92.4%13.1%-22.1%228.9K-11.9M-133.3K0.9047.97N/AN/A3,4483,11931,8116,474
2025-04-30$12.05$14.0068.3%19.6%112.3%34.5%70.7%1.3%-0.6%140.4K-3.2M-106.2K0.0256.00N/AN/A27,86961733,8839,440