CWH Options History — March 2026

In March 2026, CWH traded between $5.88 and $8.09. ATM implied volatility averaged 78.4%, placing in the 45.1% IV rank vs the trailing year. The 30-day expected move averaged 22.2%. IV traded above realized volatility by 0.6% (HV 20d: 77.8%). Max pain ranged from $7.00 to $12.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.35.

Notable Days

  • 2026-03-12: Highest Volume — 40,419 contracts
  • 2026-03-12: Largest IV spike — 13.5% change
  • 2026-03-06: Highest IV Rank — 51.4%
  • 2026-03-30: Largest Expected Move — 23.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.88$5.88$8.09$8.09$6.81
Max Pain$9.14$7.00$12.00$12.00$7.00
ATM IV78.4%72.3%83.2%76.2%79.7%
Expected Move22.2%20.5%23.7%21.8%22.8%
HV 20d77.8%70.7%91.6%84.2%72.7%
HV 60d71.6%67.3%77.9%67.3%77.9%
IV Rank45.1%37.1%51.4%42.2%46.8%
IV Percentile89.0%82.1%93.7%88.9%88.5%
Term Structure2.7%-3.8%13.6%-2.7%4.2%
VWIV76.4%54.0%92.1%83.3%73.0%
Skew 25d9.2%2.7%17.3%8.6%17.3%
Skew 10d27.5%-9.8%59.8%23.1%26.1%
Call IV 25d76.1%69.6%82.5%77.8%73.9%
Put IV 25d85.2%77.5%96.2%86.3%91.2%
Bid-Ask Spread %36.7716.7180.3540.4522.60
Gamma HHI0.250.200.300.290.22
Net GEX114.8K73.0K168.8K126.4K136.7K
Net DEX-9.1M-17.1M-2.2M-5.8M-15.7M
Net VEX-160.2K-200.4K-111.3K-144.8K-197.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.015.311.730.08
Total Volume2,799.40941440,4191,5722,791
Total OI80,517.22769,02192,88369,02185,070

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$8.09$12.0076.2%21.8%84.2%42.2%83.3%8.6%-2.7%126.4K-5.8M-144.8K1.7340.45N/AN/A57599758,96110,060
2026-03-03$7.66$12.0077.0%22.1%84.3%43.3%82.9%9.8%-1.5%108.3K-5.4M-133.4K5.3146.96N/AN/A14074359,32210,554
2026-03-04$7.67$12.0075.3%21.6%84.8%41.0%74.9%2.7%-3.4%102.4K-4.2M-135.1K0.3435.79N/AN/A30810659,38011,238
2026-03-05$7.70$9.0075.8%20.5%81.5%41.8%54.0%4.1%3.5%117.8K-5.2M-140.2K1.1775.57N/AN/A19823159,66311,215
2026-03-06$7.46$10.0083.2%22.4%81.4%51.4%76.0%6.2%-1.0%102.3K-4.5M-139.9K1.6970.56N/AN/A19733259,83811,228
2026-03-09$7.47$10.0074.7%23.2%76.7%40.2%76.2%10.2%-3.8%97.4K-4.6M-138.6K1.0375.99N/AN/A22623359,85811,409
2026-03-10$7.03$10.0078.2%21.5%77.3%44.9%74.9%7.1%1.2%90.7K-3.4M-123.1K5.2580.35N/AN/A2221,16559,84610,937
2026-03-11$6.91$10.0072.3%20.7%77.4%37.1%70.2%12.8%4.7%76.1K-2.9M-119.3K0.2473.29N/AN/A59214559,88811,403
2026-03-12$6.46$10.0082.0%21.7%78.1%49.8%80.4%4.1%-0.0%73.0K-2.2M-111.3K0.0127.01N/AN/A40,15826160,30611,310
2026-03-13$6.50$10.0078.2%23.1%75.3%44.8%72.1%11.9%2.3%108.2K-10.7M-181.5K0.8023.76N/AN/A27321980,29311,317
2026-03-16$6.29$10.0079.9%22.0%74.6%47.1%79.0%8.5%-1.5%100.5K-8.3M-164.2K1.9218.28N/AN/A15529780,52311,489
2026-03-17$6.29$10.0078.5%22.5%72.7%45.2%70.1%9.2%0.3%110.3K-8.0M-165.9K2.5321.28N/AN/A15037980,64011,494
2026-03-18$5.88$10.0082.6%23.1%70.7%50.6%85.7%8.2%-0.0%101.2K-7.4M-154.7K0.8422.58N/AN/A34028580,70111,658
2026-03-19$6.06$8.0080.7%22.7%73.9%48.1%79.1%7.6%0.9%101.3K-8.5M-164.8K2.2419.98N/AN/A5021,12380,97411,292
2026-03-20$6.07$8.0080.8%22.9%71.1%48.2%79.9%5.4%2.4%117.5K-8.1M-163.8K0.4516.71N/AN/A39217681,42011,463
2026-03-23$6.98$8.0076.8%22.1%91.6%43.0%79.5%8.6%6.2%168.8K-14.0M-191.9K0.2020.97N/AN/A2,96658471,9177,968
2026-03-24$6.74$7.0074.8%21.8%91.5%40.4%78.3%14.1%8.4%149.4K-14.3M-188.2K0.2221.62N/AN/A63414274,0828,393
2026-03-25$6.89$7.0074.9%21.1%74.7%40.5%70.6%14.4%8.9%134.9K-17.1M-187.5K0.5422.86N/AN/A35319074,5838,451
2026-03-26$6.89$7.0078.5%22.5%72.7%45.2%74.1%12.5%8.1%143.9K-17.1M-197.3K0.7422.28N/AN/A27720674,8568,587
2026-03-27$6.88$7.0081.8%23.5%72.2%49.5%92.1%4.4%8.6%147.8K-16.1M-200.4K0.7326.45N/AN/A67849874,8878,775
2026-03-30$6.58$7.0082.6%23.7%73.0%50.6%73.4%13.7%13.6%111.4K-16.0M-180.0K1.5823.56N/AN/A44570374,9329,198
2026-03-31$6.81$7.0079.7%22.8%72.7%46.8%73.0%17.3%4.2%136.7K-15.7M-197.5K0.0822.60N/AN/A2,59619575,2389,832