CWH Options History — January 2026

In January 2026, CWH traded between $9.77 and $14.73. ATM implied volatility averaged 58.8%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 4.5% (HV 20d: 54.3%). Max pain ranged from $10.00 to $12.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.34.

Notable Days

  • 2026-01-23: Highest Volume — 3,813 contracts
  • 2026-01-12: Largest IV spike — 62.9% change
  • 2026-01-13: Highest IV Rank — 46.8%
  • 2026-01-29: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.62$9.77$14.73$9.77$13.12
Max Pain$11.20$10.00$12.00$10.00$12.00
ATM IV58.8%45.7%79.7%53.9%59.7%
Expected Move16.1%14.8%18.1%15.5%17.1%
HV 20d54.3%28.2%64.5%28.2%64.5%
HV 60d75.1%59.7%81.6%74.0%59.7%
IV Rank19.5%2.4%46.8%13.1%20.7%
IV Percentile56.9%1.2%93.3%40.9%66.7%
Term Structure7.0%-3.0%11.0%-3.0%11.0%
VWIV56.5%51.3%63.6%53.2%58.3%
Skew 25d5.3%0.8%9.7%9.7%5.9%
Skew 10d12.7%0.8%31.6%12.2%17.4%
Call IV 25d54.0%50.7%61.8%53.4%55.7%
Put IV 25d59.3%51.5%63.8%63.1%61.7%
Bid-Ask Spread %72.2449.6980.3278.9973.53
Gamma HHI0.290.240.320.320.26
Net GEX328.5K150.4K453.9K158.1K381.8K
Net DEX-25.5M-37.4M-8.2M-8.2M-29.1M
Net VEX-251.3K-304.4K-175.3K-175.3K-272.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.061.350.551.35
Total Volume1,196.051533,813529153
Total OI61,774.158,10965,82459,82563,748

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$9.77$10.0053.9%15.5%28.2%13.1%53.2%9.7%-3.0%158.1K-8.2M-175.3K0.5578.99N/AN/A34218751,0658,760
2026-01-05$9.77$11.0059.1%14.8%28.2%19.9%51.3%6.0%9.6%150.4K-9.1M-179.3K0.1671.90N/AN/A2544051,2328,924
2026-01-06$10.99$11.0058.5%15.9%50.8%19.1%53.6%8.3%6.7%187.4K-15.6M-212.0K0.0665.79N/AN/A2,58016551,4458,958
2026-01-07$10.95$11.0058.0%15.5%50.4%18.4%59.8%5.9%8.6%226.3K-15.9M-217.5K0.9378.10N/AN/A30028053,0688,984
2026-01-08$11.10$11.0058.9%15.3%50.2%19.6%54.9%2.9%9.3%241.8K-16.3M-220.4K0.1878.18N/AN/A56410253,1178,936
2026-01-09$11.68$11.0045.7%15.3%52.3%2.4%53.8%4.4%5.5%269.1K-19.0M-229.4K0.0676.71N/AN/A1,6729252,9018,951
2026-01-12$11.93$11.0074.5%15.9%51.7%40.0%55.6%6.9%5.4%313.3K-20.3M-231.8K0.0673.46N/AN/A2,06113353,7349,003
2026-01-13$11.59$11.0079.7%15.8%52.5%46.8%57.5%3.5%6.5%318.9K-19.5M-225.9K0.8580.32N/AN/A14612453,9189,003
2026-01-14$11.94$11.0055.8%16.0%51.6%15.5%58.8%2.4%7.0%344.2K-22.6M-238.9K0.1978.75N/AN/A1,41526553,9919,110
2026-01-15$13.07$11.0055.0%15.8%59.2%14.5%55.5%3.5%9.3%453.9K-27.9M-255.8K0.2672.44N/AN/A2,19857554,8299,146
2026-01-16$13.57$11.0053.6%15.4%59.2%12.6%54.3%4.2%7.4%345.2K-32.9M-265.8K0.0665.81N/AN/A1,3557956,2589,566
2026-01-20$13.46$11.0057.9%16.6%58.7%18.3%57.5%7.1%7.2%358.2K-28.8M-273.0K0.1369.98N/AN/A2433250,5237,586
2026-01-21$14.25$11.0056.9%16.3%60.5%16.9%57.3%0.8%9.5%381.2K-33.4M-281.0K0.0669.70N/AN/A1,7279950,6207,607
2026-01-22$14.73$11.0053.6%15.4%60.0%12.6%54.2%4.7%7.0%416.9K-37.4M-290.2K0.1551.72N/AN/A98714451,2177,604
2026-01-23$14.53$11.0054.1%15.5%61.0%13.4%54.3%7.0%8.4%402.5K-37.2M-288.1K0.1278.19N/AN/A3,41939451,9957,679
2026-01-26$14.43$12.0058.4%16.7%61.7%18.9%59.8%9.1%8.3%426.3K-37.0M-304.4K0.3249.69N/AN/A2197054,8318,000
2026-01-27$14.21$12.0058.8%16.9%62.5%19.5%58.4%7.3%7.5%406.2K-36.0M-298.6K0.3973.23N/AN/A1857354,9038,049
2026-01-28$13.94$12.0060.8%17.4%60.2%22.1%57.4%4.2%4.9%404.8K-33.8M-290.9K0.8079.29N/AN/A37329754,8218,085
2026-01-29$13.41$12.0063.2%18.1%63.3%25.3%63.6%1.9%4.2%383.8K-30.0M-275.2K0.1179.09N/AN/A5185955,0358,280
2026-01-30$13.12$12.0059.7%17.1%64.5%20.7%58.3%5.9%11.0%381.8K-29.1M-272.6K1.3573.53N/AN/A658855,4218,327