133 calls and 1 puts traded on Nov 4, 2026, 134 contracts in total. Open interest was 5.49K contracts. Over the past 30 days, volume averaged 491 contracts per day. The CVLG option volume chart shows volume by strike and expiration date.

Covenant Logistics IV rank is 9, so its 30-day implied volatility of 31.6% is near the bottom of its one-year range. Over the past year it ranged from 16.1% on Nov 19, 2025 to 196.6% on Jan 16, 2026. See the CVLG implied volatility history for a longer view.

The Covenant Logistics put/call volume ratio was 0.01 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.67. The CVLG open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Covenant Logistics options about one week from expiration was $35.00, 3.2% above the $33.93 close. The CVLG max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 29.7%, options price a move of about ±$1.39 (±4.1%) over the next week, a range of roughly $32.54 to $35.32 from the Nov 4, 2026 close. The CVLG expected move chart shows it for every expiration date.