CWH Options History — August 2025

In August 2025, CWH traded between $13.82 and $17.88. ATM implied volatility averaged 54.8%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded below realized volatility by 26.5% (HV 20d: 81.3%). Max pain ranged from $14.00 to $16.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.78.

Notable Days

  • 2025-08-18: Highest Volume — 3,797 contracts
  • 2025-08-11: Largest IV spike — 17.7% change
  • 2025-08-11: Highest IV Rank — 33.8%
  • 2025-08-01: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.52$13.82$17.88$13.82$17.52
Max Pain$15.81$14.00$16.00$14.00$16.00
ATM IV54.8%46.8%68.4%61.8%46.8%
Expected Move15.2%13.4%17.7%17.7%13.4%
HV 20d81.3%54.5%91.3%77.0%54.5%
HV 60d65.2%62.1%66.5%65.2%64.8%
IV Rank16.5%6.4%33.8%25.4%6.4%
IV Percentile52.7%17.1%88.1%77.4%17.1%
Term Structure-1.0%-4.2%2.1%-3.3%0.0%
VWIV53.4%46.5%61.8%61.8%48.2%
Skew 25d5.6%1.7%10.0%8.5%5.7%
Skew 10d10.1%-10.2%17.9%-10.2%6.8%
Call IV 25d50.9%45.7%61.2%61.2%45.7%
Put IV 25d56.6%48.4%69.8%69.8%51.4%
Bid-Ask Spread %68.7461.5974.8069.2669.23
Gamma HHI0.290.230.340.260.31
Net GEX427.0K333.6K760.8K438.9K409.7K
Net DEX-24.7M-45.5M-7.4M-7.4M-24.6M
Net VEX-216.3K-234.1K-184.3K-184.3K-219.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.033.780.560.55
Total Volume1,060.714483,7971,57948
Total OI63,116.66744,66878,84477,38846,803

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$13.82$14.0061.8%17.7%77.0%25.4%61.8%8.5%-3.3%438.9K-7.4M-184.3K0.5669.26N/AN/A1,01156861,85115,537
2025-08-04$14.74$15.0062.4%16.6%81.5%26.2%56.5%4.9%-3.5%455.1K-15.1M-205.4K0.1172.52N/AN/A3,35938261,77215,791
2025-08-05$15.00$15.0060.6%15.8%79.5%23.9%54.5%6.0%0.1%460.5K-19.1M-209.7K0.1270.27N/AN/A1,15814362,81016,026
2025-08-06$15.00$16.0058.5%15.8%79.5%21.3%55.4%5.2%-0.5%464.4K-17.7M-207.7K0.5974.27N/AN/A23814062,60216,080
2025-08-07$15.30$16.0059.9%15.9%79.1%23.0%56.3%6.7%-0.2%452.9K-20.9M-208.8K3.0172.16N/AN/A13139462,73316,111
2025-08-08$14.73$16.0058.1%16.1%79.0%20.7%56.4%2.9%-2.0%485.7K-15.7M-202.6K3.7873.65N/AN/A8130662,73815,926
2025-08-11$15.30$16.0068.4%16.5%80.8%33.8%57.2%4.0%-2.0%451.8K-20.6M-203.3K0.9569.29N/AN/A34332762,76915,967
2025-08-12$16.68$16.0059.4%15.0%87.0%22.4%53.4%5.2%-1.9%389.5K-34.2M-222.6K0.4174.80N/AN/A1,40357262,80815,894
2025-08-13$17.88$16.0050.7%14.5%90.7%11.3%54.6%6.8%0.1%760.8K-45.5M-234.1K0.1572.36N/AN/A1,71225562,21916,187
2025-08-14$17.39$16.0055.0%15.8%91.1%16.7%57.1%7.7%-2.0%333.6K-40.2M-225.0K0.6173.70N/AN/A87753362,05816,183
2025-08-15$17.44$16.0054.9%15.8%91.1%16.7%52.2%6.6%-4.2%344.3K-41.3M-223.7K0.2473.59N/AN/A3257761,83516,370
2025-08-18$17.04$16.0051.8%14.8%91.3%12.6%51.2%3.1%-0.5%343.8K-21.9M-219.7K0.0762.35N/AN/A3,54725035,1979,471
2025-08-19$17.38$16.0052.3%15.0%90.0%13.3%50.1%6.7%-0.2%372.5K-24.2M-223.6K0.1061.59N/AN/A4424636,1159,678
2025-08-20$17.29$16.0053.5%15.3%88.6%14.9%54.1%10.0%-2.2%388.7K-23.9M-223.1K0.2466.64N/AN/A2095136,4769,677
2025-08-21$16.81$16.0052.8%15.1%86.7%13.9%55.8%4.0%0.2%378.8K-21.4M-219.8K2.5866.73N/AN/A9123536,5649,695
2025-08-22$17.59$16.0048.4%13.9%88.4%8.3%49.0%6.4%0.9%412.4K-25.7M-225.3K0.3661.87N/AN/A1,28346236,6599,910
2025-08-25$17.57$16.0049.2%14.1%88.3%9.3%51.0%5.1%2.1%407.0K-25.4M-222.9K0.5763.83N/AN/A1408036,7879,962
2025-08-26$17.44$16.0050.4%14.5%88.2%11.0%48.3%5.9%-1.8%399.1K-24.5M-221.5K0.0362.64N/AN/A4571336,7899,984
2025-08-27$17.67$16.0048.6%13.9%60.3%8.6%51.9%5.3%-1.0%411.7K-25.6M-221.8K0.9965.95N/AN/A818036,7079,988
2025-08-28$17.37$16.0047.8%13.7%54.9%7.6%46.5%1.7%0.4%405.3K-23.9M-218.9K0.3066.82N/AN/A3279836,7329,989
2025-08-29$17.52$16.0046.8%13.4%54.5%6.4%48.2%5.7%0.0%409.7K-24.6M-219.4K0.5569.23N/AN/A311736,75610,047