Covenant Logistics Group Inc

CVLGNYSE · USD
32.47USD0.00 (-2.09%)
989

Covenant Logistics Group Inc (CVLG) Implied Volatility Current

CVLG implied volatility is 39%. IV Rank is 17%, placing current premiums in the bottom of their 52-week range.

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Tracking CVLG implied volatility helps you identify when options premiums on Covenant Logistics Group Inc are historically cheap or expensive, and where the best trades are hiding. Covenant Logistics Group Inc implied volatility reflects the market's expectation of future price movement: when CVLG IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor Covenant Logistics Group Inc's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For CVLG, tracking metrics like CVLG IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on CVLG signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs.

The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where CVLG implied volatility sits today versus where it has been. Our scanner ranks Covenant Logistics Group Inc implied volatility against its historical range, surfaces extremes in CVLG IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether Covenant Logistics Group Inc IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
17.06%IV Rank
Low

IV is compressed vs the past year - options are relatively cheap, favoring buyers.

Implied Volatility (30d)39.42%

IV Rank17.06%

Historical Volatility (30d)29.44%

IV - HV+9.98%

As of September 25, 2026

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